International Distributi... Share Discussion Threads

[isis] 28/5/2024 22:59

If they're going to add debt as part of the bid they should also add assets which are far bigger imo. Bad reporting and makes the bid look higher than it is!

The Board should make this very clear which so far they have not.

[wj12] 28/5/2024 22:49

Bought some at the closing bell, hopefully make some dosh tomorrow morning.

[cherryandwhite1] 28/5/2024 20:04

Thank you for that, much appreciated

[moorsie2] 28/5/2024 19:40

Nope 5bn is 3.5bn equity and 1.5bn debt. So 370p offer

Details leaked already to press so I expect a 7am market announcement

[cherryandwhite1] 28/5/2024 19:36

Gentlemen just heard on the radio a offer of 5 billion has been offered. Tell me if I am thick but would that make the offer be £5 per share as one billion shares is all there is.

Kind regards

[con90210] 28/5/2024 19:11

https://www.bbc.co.uk/news/articles/c4nn0n93zj4o

[moorsie2] 28/5/2024 16:24

I would take the 370 indicated and would be surprised if it was a penny more. But what do I know

[sr2day] 28/5/2024 13:39

formal offer between 390p and 420p may be accepted.

[moorsie2] 28/5/2024 10:36

It's highly likely that a formal offer is made today or tomorrow

[con90210] 28/5/2024 10:15

Moving up here nicely.

[isis] 24/5/2024 23:13

Seems a bit presumptuous that DK has an Army of expert Managers that are on call to handle any business that he may acquire! Most of these Private Equity takeovers they rip it to pieces sell off any assets and let it rot! We've lost most of our High Street due to this behaviour and our Water Companies are shambles. Worse still our so called non risk don't like UK shares Pension Funds are in on it!
RM seems to have several billion in assets which is why I don't understand the Board are bending over waviing their Fat Rse's in the Air!
Just tweaking the 2nd Class Post will save around £300m and they are already on course to break even! Something smells about this deal, would like some independent professional views which is what I thought they were doing!

[isis] 24/5/2024 20:57

Letters declined nearly 10% - No Government can ignore this fact. I may get one or two letters a Week of no consequence, legacy statements. Virtually no spam post these days, most of the mailing Companies like Communisis have gone bust.

[isis] 24/5/2024 19:24

So RM is on the verge of profitability and all it needs is some tweaks to the USO. The Directors should be sounding this out but seem to want to Roll over and let RM go for nothing.
Very strange situation.

[crystball1] 24/5/2024 18:53

No wonder the Czech man wants to buy out the company.

[cwa1] 24/5/2024 17:23

Good performance against a challenging macroeconomic backdrop: Royal Mail returned to revenue growth in the second half; GLS continuing to build on its track record of growth and strategic delivery.

[slopsjon2] 24/5/2024 17:21

Results released this evening

[isis] 24/5/2024 17:17

There's something not quite right about giving concessions to run an iconic British business profitably to a foreign Billionaire but not to the British Company that owns it!
That just seems plain Wrong and seems almost illegal!

[isis] 24/5/2024 16:52

Taxpayers were Robbed they cried! lol

[isis] 24/5/2024 16:46

NMRN - I certainly do know what Billionaires are like Robert Maxwell, Philip Green Boesky, Abromavich etc.

Kemi Badenoch and the IDS Board are about as good as Wet Lettuce in Gunfight! I'm not even sure why that Chairman is still there! How can RM be floated at£3-£4billion and because of Government ineptitude suddenly worth nothing? Also how can the Chairman say it was substantially undervalued one minute and then suddenly go a bit Mutton Jeff on the subject! ludicrous.
DK is in a win win situation as his assets are mainly abroad and if RM doesn't tow the line and make a profit he will simply let it fail. Of course we all know that it is capable of making a profit and has done so in the past. Just look at Parcel Force which I regard as the most reliable carrier, if I see Evri as the Courier and am likely not to place an order with that Company and go elsewhere as they are just too unreliable.
DK sees this more as a Trophy to go with his collection of course it could be a very valuable one.

[not my real name] 24/5/2024 16:33

isis,

Making investments in many different companies is what is called a diversified portfolio.

For us it means a few quid here and a few quid there. For him it means 20% here and 30% there. All very sensible in my opinion.

As for your "how does he know how to run a postal service?" question, the answer is he doesn't have to know. He employs people who do! He has bucketfuls of talent at GLS and almost certainly amongst his advisors. All he has to do is get rid of the entire management structure, layer by layer, and replace them with people who have management experience rather than 30 years service at RM and a mate in the CWU. RM have always recruited from within and most of the lower level managers are completely devoid of any leadership skills. This has resulted in generations of the same culture, complete resistance to any form of change and a dying company desperately in need of CPR.

I don't think you've quite got to grips with the realities of being a multi-billionaire entrepreneur. :-)

NMRN

[isis] 24/5/2024 12:42

He also owns 30% of Dutch Post, 27% of West Ham, 10% Sainsburys, loads of French Assets. So this Guy also know how to Run Supermarkets etc.
It's pretty obvious what he's doing! lol