Member Info for teslo

I think everything has moved over to the IDS page on the board.

I guess this is the new page?

First Post

They likely added to their short positions due to the weekend action, when the FTSE was down 80 points, hoping to force it down on opening which they did, because it opened around 180 on Monday morning.

Shorting just artificially increases the available float, in the hope more sellers and corresponding buyers offering a lower bid come to market, forcing the price down.

@Smix

It has nothing to do with the shorts, the price will always go up if the sold value and volume outweighs the corresponding bought value, it's simple supply and demand.

For every sale there is a corresponding buyer, and thus if the buy volume is higher than the sold volume it means a lot more sellers were in the market and the corresponding price will always drop during the course of the day.

The reason shorts increased today, is because there was probably less actual float available on the order book, so they created some artificially hoping to entice buyers at the bid price shorted in the hope of driving the price down.

Look at another stock price that went up today that has zero shorts, and the told sold volume and value will be higher than the bought value and volume.

It's just supply and demand and double entry.

Seriously @Dyanmo, if you copied and pasted and posted the current time and date to the forum you would actually add more value than anything else you have previously posted in the last two plus years.

All @Anger needs to do is not re-act.

@Wolves actually made a reasonable point there

Posties are in fact the second and third largest shareholder's of the company.

Can you imagine how it would be for @Anger if @Madasaballon was here, that guy was a troll's troll.

@Babis until @Wolves entered the fray and starting trolling @Anger I thought the discussion today was reasonable.

Although had you been here at the same-time of year in 2019 the discussion was very similar and for the same reasons;

By the way does anyone know how @madasaballon is doing, he hasn't been seen or heard from since another poster Alan posted his social media accounts and exposed him for the Militant keyboard warrior most always knew he was.

He's probably in his element right now, with his head well and truly stuck up Dave Ward's never regions.

@Wolves, not to defend @Anger but to call yourself hard-working, when all you basically do is swan around for 20 hours a week is a bit of a weak ****-take.

Hope you bought the dip? The rise from 1.80 yesterday morning to the highs of today will have caught a lot off-guard.

A toxic one at that where passive-aggression seems the norm, both from the top-down and bottom-up.

To instill that type of culture in both directions, takes decades, and that is what you have at RMG.

Guaranteed on the Monday morning after the strike various Manager's and union reps will have been sorting out all of their lazy " bros " out with overtime to build-up their ever-depleting strike-funds.

UK RMG, resembles a social club to me.

@RGPostie Thanks for the explanation, but if RMG and FED EX are not related then the share price would not have dropped 10 % they day after they delivered their profit warning. Plus look at the share price trend for companies in the postal and courier sector, they have all suffered similar drops over the last 12 months.

This is for other posters on the board who work outside the postal, courier service industry.

In my working history, outside of a couple temp job I undertook I have never worked an hourly contract as a full-time employee, especially during my early working life, when I started my first job as a trainee graduate in an entry level finance position I was paid an annual salary, no-overtime and was working 60-70 hour working weeks because that's is what was expected and that's also what it took to get ahead and noticed by the higher-ups.

Those that did the work and put in the time, were the one's 7-8 times out of 10 (3 out of 10 was due to nepotism or brown nosing.) that were selected for training programs and fast-tracked and moved up the ladder. The rest were also fast-tracked, but instead they were moved out of the door with their P45 attached.

Personally, I just can't get my head around the working culture and UK RMG, but it's clearly very toxic, along with it being ingrained from an era that has long since past.

They also have a much worse attitude towards work than the miners, that Maggie wiped out.

Why are you all on different hourly contracts ?

Along with the over 55's this is probably the biggest problem with the company and why the system is open to abuse, you should all be on salaried annualised hours. All giving people 30, 35 and 37 hour contracts does is allow the over-time system to be used and abused.

Seriously, if the 19 day strike goes ahead there will be no pay rise for anyone, and you will see why come the Novemeber RNS.

If Companies like FED Ex are posting profiting warnings with no striking taking place, what do you really think RMG UK figures will look come November and February. The £758 has been spent, £130 was issued in dividends, £200 million was used for buy backs, GLS purchased Rosenau for £218 million and they probably have £100 million set aside and reserved for employees on top of the 2 % they have already received.

The CWU social media pages are just inciting the workforces of all the companies they represent to strike using very cheap influence and persuasion marketing gimmicks. It's worse than some of the nonsense Trump used to put out.

If you strike for 19 days and beyond whatever pot the company had set-aside for the employees will be gone, plus a whole lot more. I think at that stage, it's more than likely that there will be a lot more standing around doing nothing on the cards for many of you only it will not be outside any IDS offices.

Common sense needs to prevail here.

The simple fact is that the price could just as easily hit either 2.50 or 1.50 in the next couple of months or both.

The LTH and regulars on the board from 2019 - 2020 will be all too familiar with the current trend and trading ranges.

There will be a holding company and the companies will be split.

RMG UK is holding GLS back and needs to see if can stand on it's own two feet.

GLS in 10 years. based on it growth rate since inception if it continues to compound the growth, when the GDP eventually recovers to normal levels it will not only surpass the turnover of RMG UK but it will likely have £1 billion a year in free cash flows.

The change of name is just letting the companies intentions be known to the wider public.

The split is coming.

I have exited a few positions today from what I averaged down from in recent weeks, the next couple of month's will see UPS report on October 25th, VESA, the trading update in November and obviously any dispute updates.

GLA.

Liz Truss and Kwasi Kwarteng realised the error of their ways.

VESA are probably renting his stock out to the shorts as well, so he's likely making money on both sides.

He's not a billionaire for no reason.

Another 150 million takes him to 30 %.

It's almost a no brainer at this stage, it's just a matter of when and if he get's the go-ahead, hopefully it's all done and dusted before the next general election, because that will be Labour landslide of epic proportions.

I wonder what high rate tax payers will be paying then, one things for certain it won't be 40 %

DK was July 14th, and then a month later the RNS was released about him wanted to increase beyond 25 %.

He's probably the happiest person about the decision taking as long as it has, he could get them £1 a share lower.

Unless the market recovers overnight the price will likely drop tomorrow.