Member Info for teslo

Truthfully, these days I mostly just post to see the response I get, if any.

In the big scheme of things this is all very insignificant to me.

Short-term there will be pain and casualties on both sides. Long-term things will work out however they're meant to.

GLA

Truthfully, if the employees had any conviction and faith in Dave Ward, they would strike from now to the end of the year or resign from their jobs.

As much as the BOD took 400m and paid it out to shareholders, the employees are doing the same everyday with the ghost hours they book, because seriously if you're that dissatisfied with your working conditions and pay, surely you would just quit and get another job.

Companies like Amazon, Uber and JustEats are always looking for delivery guys.

The company should really just ban any striking employee from receiving any over-time payments upon their return.

All most of them are doing is going on strike and then booking over-time on their return so they can fund all the unpaid days-off.

It will be interesting to see how both the market and company responds tomorrow with the latest announcement of NINETEEN days of strike-action.

There does need to compromise between the company and it's employees and probably some government intervention to save the employees from Dave Ward.

I meant the 10p increase to 95p in April 2022 not 2020

GLA.

In light of yesterday's budget, RMG should just pass a special resolution and put the price of 1st class stamps up by another 10 % with another 10 % increase in April 2023 and simply state the increased cost has been made to absorb future pay rises to staff that the company intends to implement in the near future.

The 10 % increase April 2020 looks especially low now in light of how much other items have increased and will be increasing in the not to distant future.

A unionised company irrespective of the fact it's a PLC cannot and should not be distributing £700 million to shareholders and offering employees a token 2 % pay increase.

A lot of the employees at Royal Mail are low level workers that will be living paycheck to paycheck and the inflation rate that the government states is much lower than what everyday people are actually experiencing with simple household bills and expenses.

@Wolves, Don't mistake facts for insults.

If you do the math, you will understand that figuratively speaking it would be numerically impossible for you to get in at a lower price than my actual real money average, based on how I have compounded my investment in this stock since 2020.

As I said enjoy your weekend and I have previously communicated on here I have no issue with any negative comments aimed in my direction.

@wolves for the record and figuratively speaking I am currently underwater more than your yearly salary on my current holding

But, considering I have traded in an out of this stock multiple times in recent months, retained the profit in stock, been paid a 13.3p dividend and made circa 5x your purported salary on this stock since 2020 in the big scheme of things and again figuratively speaking I am still doing better than you're likely to do at anything you attempt in life.

Hopefully the price tanks some more and you get back in and you get to make a few quid.

Have a good Weekend.

198.50 paid.

At this rate of decline I will switch my buying to weekly rather than monthly.

By the time of profit warning in November if we're lucky this will test the all-time lows.

The USO protects the UK element of Royal Mail as a viable profitable business and going-concern.

Even the most unionised employees that post here know the share price will eventually reach and find a level where even they become investors themselves.

All that is occurring is another share price cycle, similar to 2018 and 2020.

How low the price goes and how long it takes to recover before it reaches NAV level's and beyond is anyone's guess though.

The reality and in light of recent news is that it will probably get worse before the tide eventually turns and the demand for shares outweighs the current supply. Although if DK does get the go-ahead to increase that process could and will happen quicker, simply because of the FOMO that is always attached to any potential takeover offer.

Not to repeat myself, but even the most militant employees that post here are all potential investors at a certain price, just as they were in 2018 and 2020 and tells you all you need to know about the long-term future of the company.

In the short-term predicting either a potential bottom or future top and / or any takeover bid price is pretty futile.

I wrote that last post whilst multi-tasking so my math was out.

35 + 10 = 45 % , leaving 55 %, - 14 % = 41 % + the shorts.

Most institutions have been in and out since the IPO and if you average it out I would guesstimate that is what they're averaged out around.

Either way you get the gist, if DK gets the go-ahead to increase his take and purchases another 8 % it would likely move the market dramatically.

Over 1/3 of the company is held by DK (22%) and (13 %) by Royal Mail Share schemes.

10 % is held by the General Public, leaving 45 % owned by various institutional investors.

UBS own's 6 % and has been adding over the last year, as have Aberdeen Management who own 3 %, Vanguard who owns 3 % and Norges who own 2 %.

So that accounts for another 13 % who have been adding in the last 12 months.

Leaving 33 % plus the shorts.

Meaning it would not take much purchasing power from DK to dramatically move the market.

The lower the price goes the more likely it is to occur, simply because of what he has already invested, especially if the price tanks to the lows of 2020.

Alternatively, he could just as easily say enough is enough and offload his 22 % and tank the price overnight, but why didn't he do that in June 2021, at least then he could exited with a substantial profit.

It would be interesting to note how much of the float is actually available on a daily basis for purchase, because shorts are probably closer to 6-10 % than the declared 2.8 %.

What also differentiates RMG from other PLC's is that it cannot go bust, the Government will be obligated to intervene by the USO if there are going concern issues.

Interesting times ahead.

Three years ago, the narrative from the unionised employees on here was " Remove RICO , things will get better "

Now it's Simon.

Rinse and Repeat, in Three years time after we yet another share price cycle it will be " Remove Kretínský things will be fine "

I get that Unions have their place, but they have systematically destroyed many core UK industries over the years, simply because in the end they make it too expensive to run these companies profitably in a competitive market. It was the same story years ago with the UK manufacturing industry.

The CWU is also sending all the BT workers out on strike as well, and all that will accomplish is to give companies like TalkTalk a competitive advantage. Hence why they are now subject to rumoured £3 billion takeover by Virgin Media.

If DK takes over the company there is one outcome, GLS to PostNL and UK RMG asset stripped and the bare bones either handed back to the government with a skeleton workforce or alternatively it enters the 21st century and becomes a profitable gig-economy company.

All the CWU is doing currently is playing into DK's hands and the longer it goes on the lower the share price becomes and the easier it becomes for him to steal it away.

It's just a matter of time before it's Czech Mate for the CWU and all the freeloading lazy ****s employed by the company.

@Anger Yes, that would equate to a profit warning, considering the combined profit for the company during 2021 and 2022 was £1.3 Billion.

Paying out £700 million in dividend and share buybacks and not expecting the CWU and its members to demand their share of the pot is just a repeat of what has occurred previously.

It's turned into a real **** show once again, especially when you add-in that they increased the price of first class stamps by over 10 % in April.

Eventually, it will be resolved, it's just a case of how long and how low the price will go in the meantime.

As a gig-economy employer, RMG as a group could easily generate circa £1 billion a year profit, simply on the labour cost saving alone.

In its current state unless they have a bumper Christmas as a group, profitability wise, they will be very fortunate to match the year ending 29.3.2020 figures of £150 million.

The agreements with the CWU 100 % needs revising but so does the companies future policy of distributing profit to shareholders. Returning £700 million to shareholders, whilst carrying £985 million in net debt really does not look like the greatest decision considering where things currently stand.

I will continue to buy month in month out until the tide turns.

Good Luck.

The CWU statement tells the full-story.

One element of RMG is endeavouring to modernize the company bring it into the modern era and essentially make it a gig-economy employer. This would effectively have the net effect of making it a highly competitive and profitable company especially in the longer term frame.

Meanwhile the Union, will continue to oppose all the proposed changes, especially those involving technology and ones that would enable the employer to track to the workers during the course of their daily activities.

The employees, especially the CWU members do not want to tracked, because it will be finally revealed and confirmed why and why so much money is being wasted labour costs.

I would hazard a guess that at least 50 % of employees, especially those in entry level positions are booking ghost hours everyday. The company will be fully aware of this, but because of the Union they're getting away with it, mainly because GLS has been and is subsidising the cluster**** that UK Royal Mail.

All they're doing is delaying the inevitable, and making it easier for someone like DK to get the company on the cheap.

A profit warning come November and this will be in bargain territory again, and it's crazy to think the company has allowed this to repeat itself after the lift it was given due to COVID-19.

Good Luck All.

I was tempted to double my holding today until I did the math and realised it would only lower my current average by around 10 %, which in the big scheme of things is too much risk for too little reward.

Instead, I will use the funds to buy a set amount every month for the next 6-12 months and hopefully in that time price finally bottoms out and the tide begins to turn again.

It's pretty clear what DK is going to try and accomplish probably via PostNL but that is not going to happen overnight and how would he fund a takeover of RMG without straddling either himself or his holding company with Debt.

It's almost an exact repeat of what has occurred twice in the past.

On reflection Fed EX news is probably the correct conclusion.

Crazy to think this could hit the 2019-2020 levels again.

I am holding and in for the long-term now and am looking to double-up.

Good Luck all.

My last post until I sell.

Typo " royal mail " in google and then press news.

Type Royal Main into google then press news, and there are a few articles about the current stamp being scrapped and replaced.

I have decided to just sit on these now for the next year to 18 months rather than trade, simply because I don't want to miss the eventual upward move.

Very happy with my average and this will probably be my last post here for a while, well at least until I see.

I am looking to double up from this level.

Enjoy and good luck all.

2.20 hit I have loaded up now.

Will probably be sitting on these for a while and will not return until I sell.

Have a good weekend all.

Will load up sub @220 if it gets that far.