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[not my real name] 26/4/2024 00:04

isis,

"If you were a Baker you wouldn't Bake 50 Loaves if you only sold 10!"
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The problem with RM is that the don't make enough dough!

NMRN

[isis] 25/4/2024 21:36

Sunak's Government need to push reforms through quickly otherwise RM could be in trouble and renationalised.
A lot of Politics being played here with a Company that is supposed to be free from interference, the USO is outdated which is obvious by the 2 thirds reductions in Mail.
You don't have to be a business Person to see that it needs change. If you were a Baker you wouldn't Bake 50 Loaves if you only sold 10!

[careful] 25/4/2024 21:25

It is unreasonable to expect RMG to work hard to become an efficient profitable company.
The workers at least do something even though they could be a lot more efficient.

So many people in society refuse to work for one reason or another, so many people working from home.
The civil service is bloated, over paid and over pensioned, Doctors refuse to do their job properly, and hedge funds and private equity make fortunes for just pushing money around.

I am invested here , but the chance of the outfit changing the culture and becoming an efficient profitable company are slim. It is run for the benefit of the workforce and the customer, we shareholders are treated with contempt.

Socialism is not dead, capitalism is.

[isis] 25/4/2024 21:11

I think the Railways are in a different position as they are already heavily subsidised by Government, well us.
They would not function without the subsidy so are just franchises paid by us.

It is obvious what is wrong with RM but Sunak thinks it's a vote winner and won't do anything. He is out anyway and he knows it but he thinks he can leave some kind of misplaced legacy and take no blame for anything.

[careful] 25/4/2024 20:30

Free market capitalism is dead in the UK.
Killed off by greed, corruption and workers rights.

IDS/RMG need to right size the business and update it to survive.
Massive overstaffing, many no longer required.

But the state sector, NHS in particular is bloated and a lot worse.
A lazy unreliable workforce, rampant absenteeism as a right.
Why should RMG workers suffer when the state sector is untouchable?

But who can fix it?
We are still recovering from ineffective Boris Johnson who did not give a damn about anything but himself. He crushed the economy.
No doubt he is now making a fortune in ways we do not like to think about.

I read today that Starmer is under pressure from the CWU over the IDS/RMG takeover bid.
They have just agreed to effectively nationalise the railways, who knows what they will do with RMG.

But look at the shambles of Thames Water, totally wrecked by privatisation.

Corruption, Greed, laziness, Unions..we are doomed.

[isis] 24/4/2024 20:21

The Government and Ofcom are really not playing the game. When this was floated Letters were at least double what they are now and yet they are still saddled with the same Rules.
Not only that but costs have risen dramatically for just about everything. It is a private business only in name being wagged by the Unions and a misplaced, ignorant Government run by a despotic Blair Clone!

[isis] 24/4/2024 17:29

The Press seem to revel in RM bashing which gels with the Public who hate paying for anything and buy dodgy stuff. The amount of Mobile Booths pretending to fix phones but selling stolen one's should tell you this!
I'm sure Kretinsky has been more than aware of this latest debacle!

[geckotheglorious] 24/4/2024 16:27

isis
Post 1392
Those who bought Counterfeit Stamps are even claiming they bought them from Post Offices or bonafide Shops.


They're lying. They've tried to get ridiculously cheap stamps through dubious channels and now want to be bailed out for their foolishness.



isis
Post 1396
They probably paid electronically for Stamps and then claimed they bought them in a Shop. Receipt is required, I think they are lying.

Without a doubt they're lying.

People are so dishonest these days.

[isis] 24/4/2024 15:30

It is understood that the convincing forgeries are being bought unwittingly by small retailers who, unlike the Post Office, are not required to buy stamps directly from Royal Mail and can buy from wholesalers in bulk.11 Apr 2024

[isis] 24/4/2024 15:26

They probably paid electronically for Stamps and then claimed they bought them in a Shop.
Receipt is required, I think they are lying.

[casholaa] 24/4/2024 14:51

Many of those people would have paid electronically....

[isis] 24/4/2024 12:07

People have apparently been buying fake Taylor Swift and other Concert Tickets. I don't see the Press saying that Taylor Swift should reimburse the faked Punters! You could say the same thing about anything faked, seems to only apply to RM!

[isis] 24/4/2024 11:20

Those who bought Counterfeit Stamps are even claiming they bought them from Post Offices or bonafide Shops.
I find that hard to believe but the Press are accepting the Publics claims as kosher without any proof. The Public never lie do they!? lol
I would have thought a unique barcode would soon sort that out! Meanwhile fake goods are sold everywhere and everyone knows it because of the price mainly and they are not barcoded!

[isis] 23/4/2024 22:00

The World must be laughing at us and our seemingly apathetic stance on letting ourselves be bought at and ridiculed as our Governments have no Backbone to defend out heritage!
Has to be the the defining indignity to let the Royal Mail go to a Foreigner for a Song! That's what happens when you have an two faced Indian as PM!

[isis] 23/4/2024 09:36

Sunak/Ofcom are trying (successfully so far) to kick decisions until after the election. Meanwhile RM have to rack up losses because they are playing Politics with this Company.

Sunak is an absolute ---- and the rabble that is the rest of the Party should kick him out!

[casholaa] 22/4/2024 19:17

Yeah, the Conservatives need to give up smoking and sunak for the health of the country

[733700] 22/4/2024 16:04

Yes, often overlooked the Property portfolio.

[moorsie2] 22/4/2024 12:14

Pension surplus and extensive ( not all necessary) property portfolio is a very interesting twist on this company valuation...

[casholaa] 22/4/2024 12:01

Imho it should be sat comfortably at 450p

[careful] 22/4/2024 11:56

It would be crazy not to modify the running of IDS/RMG when the letter part of the business is in such decline, and the parcels are such a growing opportunity.

Gradually this potentially great company will be updated and in time have a share price at least double that of today.
This cheeky bid will focus minds, but either way the bidder is in a win win situation.

The only way to save basket case UK is to have efficiently run UK companies and similarly a more efficient public sector.

I sense the mood s shifting, even the hapless Sunak dared to say the other day that people should not take so much time off and that every day problems were no excuse for missing work.

[isis] 22/4/2024 11:18

Valuable Property assets and Pension Surplus:-