George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I have to say from my experience. I worked in a MRW warehouse whilst I was a student. I still have family and friends in the same depot. Now it may not be nice to say but Morrisons can get rid of more managers, especially in the stores if that creates more customer facing roles.
I don't underestimate anything. I have worked both in the warehouse environment and in the store on the graduate placement. Also worked in various roles through head office. If interfacing with the public is the determine factor then a receptionist would be on a high salary. There were individuals who transferred from the stores to the depot purely because of the extra money. I can say with confidence that my friends and relatives who still work in the warehouse will put in for a transfer if this becomes standard in the industry.
Grayling, not sure if you are talking to me. Just making the point that they are not the same jobs and one is far harder than the other. The law may not agree with me on that but then again I would never have given a child murderer 40 months for possession of child pornography. The law is an ass, we all know that. When/if equal pay is awarded to the store staff, then many warehouse staff will just go for easy jobs in the store. I have relatives and friends that work in the warehouse and a couple have already mention this. Less jobs for the women to apply for in the stores will be the result. Along with automation moving faster than Tesco had planned. You are right about the lawyers profiting though.
As a student I worked in a supermarket depot (not Tesco) and I can say 100% it is hard graft. The staff both, men and women, get paid the same rate of pay for doing the same job. The warehouse staff work in cold conditions and they are picking heavy cases up all day. They had to do over 2000 cases a day otherwise they would be dragged into the office. Most are trained on MHE equipment like fork lift trucks which involves lifting pallets about 10 metres into the racking and they weigh over a ton. Any mistake in the warehouse could result in fatalities, which had happened years before I worked there I was told. The simple fact is most women do not want to and cannot do the warehouse jobs. The women on the news from tesco could not pick 2000 heavy cases a day. We are living in a something for nothing era now. The men in the store get paid the same as the women. Any women wants to work in the depot should ask for a transfer or shut up.
Why have there been sells today when they are selling for below the 2.9p we are going to get for them? I know it's only fractions but is there a reason for it.
My cousin has been contacted regarding the data leak claim which she is involved in against morrisons and I cannot believe how stupid the company has been. A Mr Simon Langley who was head of IT at the time of the theft and who is still in the post, has asked the members who are in the claim to make themselves known and has been putting pressure on these employees. Just when you think this company has turned the corner we find more problems.
Goldman Sachs have now changed their Morrisons rating to a sell. We don't seem to be able to stay above £2.00.
I have been looking at investing in Choo for a while, but I feel the market doesn't have any long term confidence in it. It will only take a whiff of a downturn and these high end brands fall out of favour. If it falls below £1 then I may have a second look, but too much of a gamble for me today.
A lot more sells happening than buys over the last few days. Would take a brave man to buy in at these prices.
When is this deal meant to be completed? I am not in ARM but can't understand why people would buy this share if the Softbank are offering £17 a share, and why shareholders wouldn't sell now.
The company has a lot of debt too.
Just sold 75% of my stake. Seems to be going one way now. I got in around 0.0035 so I can't complain .Let's just hope we get some info from the top.
In my opinion there seems to be something good happening behind the scenes.
It will look as if they announced in the results that they may delist in order to lower the sp on the bad news and get the shares back extra cheap.
They will have to offer a good price for our shares though. I was lucky I got in near the bottom but some have been here for a long time so an offer at todays price would not be good enough.
What will this mean for the shareholders? "Despite our progress during 2015, we note the Company's continued poor share price performance and the lack of liquidity in its shares, and are considering whether the costs of maintaining its listing on AIM are justified by the benefits the listing brings. An update on this matter will be announced in due course." Will we get shafted or get a fair price?
Hello Can anyone tell me why this share crashed in January? Thinking of investing.
Hello Can anyone tell me why this share crashed in January? Thinking of investing.