The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Agree with you entirely, i am looking at long term investment and need more info on the companies position.
Not much on the Company website.
how long have they been paying 25% interest, or is this on the new loan?
Bring back little Britain, where the guy at the bottom who does the hard work is rewarded for his efforts.
Eddie and his Gang have been abusing Truckers and there rates for years.
Do you work for Eddie Stobart?
198m Debt of a company that makes 800m thats a 1/4 of the revenue. maybe in 20 years this company might go into profit.
You sure your a trusted investor.
With congestion zones coming into play, big trucks are something of the past into cities heavy charges for these trucks, which means less work. Unless Eddies going Tesla or Volvo hes in big trouble.
HS2 will put the nail in the coffin for this Manc haulage firm in a few years time, assuming it goes through.
With £198m debt i dont see them recovering, someones had the hand in the piggy bank. With the IR35 rules coming into play it means all contract staff will have to perm. Means a lot more expense for these firms.
Best of luck everyone with this investment, although i see this one going undersoon.
Sad to say with these companies that were formed by bureaucrats(during the sell off) at the beginning and have been controlled by the bureaucrats since the day they were formed. All the revenue disappears through failed projects or pointless projects that achieve little or nothing, so the profits don't filter back to the investors.
Pulling out of Europe would mean the Germans and the French would get the hands out of our pockets, it seems they have just starting digging deeper into our pockets and taking what little that is left.
Take into account the wholesale rates and the rates that we as the public are buying at. What is actually involved in the delivery of this consumable and what service is actually being delivered. This pointless scheme of installing smart meters that use mobile phone providers to connect and send data back(wonder what each house is being charged for that mobile data plan), when they could have used LORA (free low energy solution) Smart meter just need to report back what the current reading is. you scratch my back and i'll scratch yours is the scam here.
Don't be mislead into believing that this vaccine is 100% as this may not show positive results once its going through the testing.
The Corona Virus is continuously changing and this may not be effective against later strains.
I would be very careful with stocks like this as even if every goes to plan, the first one to market wins.
Automation only replaces boots on the ground,
Its the lower and middle level management that are the largest chunk in the workforce.
I am buying back in at this price.
This company has lost 25% of its value in less than a month.
The Stock Markets in a bad place(bankers up to no good again), companies with no Value are being hyper inflated(Tesla and likes) whilst companies that have physical value being devalued for there assets.
RMG has lots of prime land that is being sold well under the market value. I'm not surprised people have lost trust in this company. Unions are covering up the scandal by taking peoples mind of the real fiddle that is going on.
These old Union grave dodgers need to make space for a new generation of union reps.
Creating picket lines and bullying staff into submission is not the way forward.
Integrate social media into the union allow members to make decisions on the fly via online voting tools. Soon fix any issue in the work place.
These are going to be 150 tomorrow, no point buying now.
RMG as a company doesnt make any sense,
Why would this share collapse like this unless there is insider information, what don't we know about.
This will be bought out by the Amazon at this rate, we will have a sudden price hike and a change in policy.
At least they will get rid of the multi tier management structure and save a fortune. Sad to say a large chunk of RMG is management who do very little other than lean harder on the man at the bottom. RMG need to start behaving like a PLC and reducing the management overhead and maintain the boots on the ground.
Hopefully these new Vans they are looking at buying should put RMG in a good place here in the UK. Just need the government /councils to apply some form of legislation on all other couriers to ensure they are doing there bit for the environment. With every council bringing in congestion zones this should improve things for RMG in the coming year.
RMG was over priced as Share holders were under the impression that Fibre back bone was part of the deal, unfortunately the post office retained the infrastructure. A Global fibre back bone is worth 100's of billions. Copper back bone put in during the era of the Empire, upgraded to fibre in the 70's. Not sure of the sorting office premises are part of RMG if they are just the real estate is worth more than the companies overall value. Just London's offices are
JBTHISTLE - with a name like that you sure your part whistl group . lol
Hopefully this £50m fine will be revoked by OFCOM ?
I wonder if OFCOM are keeping a close on the competitors. hhhmmmmm
Are UKMAIL and Whistl expected to meet the same SLA's. What happens when they fail to deliver on time or mail goes missing. Does anyone actually notice.
Any other share that pays this well.
If only the Twits handling my Nest Pension would invest my pension into this.
Bunch of clowns, have made any gain in three years.
Well if they pay anything near last years dividend for summer I am going to be at 12% dividend.
Well 2 days before this years financial report.
The first half looked good, hopefully the 2nd half should be better.
We will find out this Thursday.
A company with that much debt is'nt going to turn around.
$65 million + $7 -$8 million, especially if they are dumping the revenue creating sources.