Member Info for Sixtynine

Cnct profits come from a service charge levied as a percentageof the value of supplied copies of magazines and newspapers, the minimum charge for seven day delivery is about £50, per delivery point ,sales are dropping and will continue to do so.So approximately 85 million per year at £55 per outlet.the business would have closed years ago without it

Keep the faith, brothers and sisters ,milk the goat
in a sombrero then leave.

Cako for allo ono tusdae

Let’s all make friends in Mexico ???? Amigo’s?
What a great dating app, my name is Taco
recently divorced,gsoh, house and some teeth.

Good luck to all,If you can’t buy get on the phone
and trade at best,they’re always the best trades!

Graphene co’s will fly in the next few months, Agm started to move
recently as well

Let us pray

Express newspapers before the Mirror owners reach took it over,
we’re going to close the print edition of the Star in 2018, and go online only
the independent went online, the guardian has lost huge amounts of money, being funded by a large
trust fund left to help fund it, the
Mirror titles are loosing between 10 and fifteen percent of sales a year, the sun
a little less.
The abc figures are available for all to see

Would you invest in a company that sells newspapers and magazines?
The stone tablet and abacus were relevant thousands of years ago but unfortunately
not anymore, Aldi stopped their news and magazine supply last year, I wonder why?

Yes good progress in a week, the problem is sales, they’ve dropped off a cliff
Spoke to one of their delivery guys and he said he cannot fit all the unsolds in
his van.
Thank god for service charge,(rip off)or their goose will be roasted well before
Christmas!

Maybe John can cut the 7 day a week contractors rates again,
and leave the non required people sitting drinking coffee.
More of the same John, your pensions safe, what about the
great idea of a call centre in India, pure genius!
But again not required, there’s plenty of staff drinking coffee
that I’m sure can pick up the phone.
Perhaps you could then turn to reducing the thousands of tonnes of
magazines smiths news send out pointlessly every week!
Each depot could then reduce the number of contractors and packers,it
employs and speed up the whole process, maybe uddin you
can think of some other cost cutting and environmental measures and pass them
over to John?
Just knock on the door opposite??

I heard yesterday Uddin that TK were offering 90% off certain items,if that’s the sort
of discount you’re looking for?

This was the description made by no-one other than Menzies
group,who exited the news distribution part of their business in
July 2018, they previously were the other participant in national news distribution,
the Menzies family still own over 5% of the now aviation services business,
Menzies were involved in newspaper distribution(like smiths news)for over a hundred years, so
knew all the pit falls and exited.
They had previously tried to offload news distribution to DX, a logistics business,
I seem to remember the pensions liability was the sticking point.
Connect group /smiths news have nothing left to offload, except the Swindon
headquarters which would save millions if rationalised,this business is ultra low margin and should be regionally managed via their existing depots.
Maybe they’ll waste millions more,and pay a consultant to implement my suggestions,
I doubt it ,the employees at head office will never make themselves redundant.

Yes this business is undervalued.....but will it be undervalued when the next circulation figures are announced,smiths news vehicles go out full of product that never sell and cynically have for years, the unsold copies of magazines commonly run at 75%,their customers are forced to pay for this unwanted product, thus the financial
merry go round continues , the service charge is deliberately inflated as a percentage of invoice,their customers are then forced to pay for the unwanted product ,and then claim the money back.
If this sounds odd, and contrary to any kind of sustainable business model it is,thousands of tonnes of unwanted unordered magazines are produced and delivered for no reason, it’s time everyone started asking questions in government about this
huge waste and restrictive practice.

This business has produced plenty of cash over the years and has been mismanaged,
It exists on inflated carriage charges levied on its customers,and keeps half of the (service charge) this should be passed on to its self employed contractors but unfortunately this doesn’t happen!
The balloon is deflating

So connect can continue its crash landing

Short term this will deliver, just entered backwardation, very small spread,money
doubler in three weeks.

The price will go high, when the man from del monte says yes.
Interested fruit-cases must apply to occupy themselves ,and stop the tsunami of twaddle.
Jam can be made from the ripest nutter!!
Suggestions.....

Any rlation to orman Collier?
Damn microphone!

Just bought a few more, good luck to all
the bandits out there!!