Member Info for teslo

Pretty shocked they did not accept the deal or at least ballot the members.

I read the post from @Keith666 and it sounded like a reasonable deal given the current climate, and I was about to re-purchase some shares, then I read that Reuters asked the CWU to comment on the latest offer and they declined to do so, which led me to believe they would be declining it.

Reading between the lines not backdating the pay-deal will be a huge sticking point as 9 % now is pretty much the same as 7 % two, three months ago and the wording said up to 9 %, leaving out any details of the many strings which would have been attached to maximising the full 9 %.

This will get ugly now, not just for the company and union, but for the workers, because I cannot see how those who are on a circa £25,000 salary will not cross or be forced to cross the picket line in light of the current cost of living crisis, unless they are mortgage free and are a two income family, how can they afford to strike, especially if they have kids.

But as some of the workers say, if their terms and conditions are being destroyed then they cannot afford to strike.

The strikes will likely get a lot of press this week with so many sectors going on strike this week.

The Union really just need to step-up the action and completely down tools on a rolling basis. The company has clearly mitigated the financial fallout from simple random one day strike to 6 million a day.

A rolling one or two week strike should be enough to bring the UK operation to a standstill.

Say what you want Dave Ward and the CWU but Thompson, judging by his latest docial media rant,l is a raging sociopath, and the board is yet to take any responsibility for their gross negligence in squandering 100's of millions at the expense of the employees and company's financial well-being.

The pay offer given the current economic backdrop is scandalous and Thompson had no intention of ever negotiating an appropriate deal or back dating it. It's all to provoke the response he has now received, simply so they can delay any payouts, ultimately lower the redundancy terms and force the change through.

If he pulls it off, it will be good for the long-term shareholders and if he does not the shareholders will end-up paying for the employees payrise in Q1 next year and that is when DK will likely be close to surpassing the magic 30 % number as other holders are diluted.

The rise here is pretty much the same across the board on most FTSE 250 stocks in recent weeks.

Either the market bottomed in late September early October as the Institutional Investors and hedge-funds are suggesting or as the macro-environmental specialists are indicating it's a massive short-squeeze bear trap and the bubble of all bubble's.

Time will tell, although if Septemeber/October was the bottom the stock here is still playing catch-up with other FTSE 250 risers in terms of gains made since that time and has further to go, especially if a deal is made before the next strikes.

Yet regardless of either of those scenarios, if the Union continues to strike the losses continue to mount in the short-term and a company with a net profit margin of under 6% such as UK Royal Mail it will require £1 billion of extra turnover just to negate every £60 million off current and future strike costs.

Yes, the company is very undervalued at the current price, but so are many other FTSE 250 companies that were hammered during the early part of the year only they do not have to deal with a union like the CWU, and have proven to be profitable in the current climate despite the current headwinds.

For me this stock is a risk until a deal is done and history dictates it's far more profitable to buy a rising stock in a company with a deal and no threat of strikes for the future than one at the current level with so much uncertainty and an over-reliance on DK increasing his holding and making a bid.

He is yet to make a bid for POSTNL, despite increasing his holding to 25 % in July and they're actually profitable this year.

GLA.

Good,

I have the deal tickets if you'd like me to post them ?

I bought ITV @68p instead.

For the record the day after I sold @207 the price hit @190, I just choose not to repurchase.

I was extremely top heavy here hence the sell due to averaging down from previous staged buys plus I sold at a PROFIT, and if you take a look at the FTSE 250 it has actually risen 12 % in the last month due to the short squeeze so the rise here is just in line with the market as a whole.

What I have missed here I have gained elsewhere in my portfolio.

The company is still a mess though and until a deal is struck with the union for me it is uninvestible especially in light of the current macroeconomic environment.

Sold the rest of my holding @224.5 just now, hopefully the rise continues and they come to a deal this week or next.

May get back in after results and the budget , but am pretty happy to be sitting 100 |% in cash now across the board.

190 - 225, is some rise since Thurday afternoon and I remember the price doing something similar in the lead up to quarterly results throughout 2019 and early 2020,

Either way onwards and upwards and hopefully it does not dip again.

GLA.

Sold 3/4 of my holding today @207 shortly after the CWU announcement.

GLA.

Surely RMG will now Just take the matter to court if the Union threaten future legal action, maybe threaten to Bankrupt the Union.

Will the CWU wake up and smell the coffee and protect it's members or will they announce all out strikes from the 12th November ?

Just in time for Halloween.

Shambles.

The Union had the Company on the ropes on Friday, striking this week and next week would have probably forced a pay-deal, if not before the November 17 RNS, then in the immediate aftermath of the inevitable share price collapse, when the cost of striking is made public to the Market.

Ten days to make or break the company.

@Wolves let me break this down simply for you, green represents my buy signals, red represents my sell signals, according to my current set-up and the ratio I stake.

https://ibb.co/KGW6f3D

I have no problem with any negative comments aimed at me, never have and actually give zero ****s, but I will not be defamed by anyone, and actual post to @Derek was closer to the truth than anyone here will ever know. It had the desired effect and I received the responses I expected.

As for someone like @Keith calling me filth, seriously ? Go watch someone like Jimmy Carr live you ****ing snowflake.

Too many people browse the boards looking for a free lunch.

GLA, I might be back and I might not.

How about I just never post here again and you can all go back to the good old days of 2018-2020.

Seriously, I give an amount of ****s that equates to no more than zero

@Charlie156, if you knew you would know.

Word gets around when the circus comes to town, don't it?” — Cormac McCarthy.

https://www.youtube.com/watch?v=8BnPV9f_Ue4

Filtered....................................................................................................................................................

Oh, and for the record, I am out, my phone sent me an alert via my trading app when the price hit £2 as It triggered a short-term sell order from a small trade from Friday.

Enjoy,

P.S There are plenty of excellent trading books and free resources on social media for many of you to occupy your time with.

Well, she would have cancer if I made her privy to the garbage I have to sift through on here on a daily basis.

Let it go now @Derek the discussion is over, and was over yesterday morning, when one party removes themselves from the table and walks away it's over, irrespective of the other person's needs or wants.

Continuing the discussion beyond that is a breach of boundaries and tantamount to abuse.

My wife has cancer you dumb****

Imagine living with him, his poor wife.

No means no @Derek, end of discussion.