Royal Mail Share Discussion Threads

[arthur_scargill] 27/4/2017 10:32

conference live feed at www.cwu.org
meeting lots of old friends to offer advice

[poacher45] 27/4/2017 10:06

hxxp://home.bt.com/news/uk-news/royal-mail-strike-ballot-to-go-ahead-unless-pension-scheme-closure-reversed-11364175762104

It certainly looks very serious

[encarter] 27/4/2017 09:00

Spoke to a CWU rep in the pub last night. Unions reps have had meetings and he was advised to " dig out his boxing gloves". Forget Joshua V Klitschko, this is going to be the fight of the century. Even if Royal Mail win, they will have taken a hell of a beating.

[poacher45] 21/4/2017 11:14

Sorry something seems to have gone wrong with that link.

[oiht] 21/4/2017 11:06

Adam Crozier has had about ten different jobs since that article was published lol.

[cancun tango] 21/4/2017 10:46

Link opens a 2003 article

[poacher45] 21/4/2017 10:35

The article is dated 21st April 2017. The share price could dramatically fall. It could take years to recover.

[cancun tango] 21/4/2017 10:18

Poacher, that article is a little out of date.

[cancun tango] 21/4/2017 10:10

Agree with that. Postmen and women are looking at losing £100k each. What have they got to lose from causing as much damage as possible?

[poacher45] 21/4/2017 10:05

This is getting really serious. It could wipe out Royal Mail.

[spoole5] 19/4/2017 19:22

Definitely value here, but no way I'm investing with a potential long and protracted battle with the unions who won't care if they destroy the company.

[poacher45] 19/4/2017 19:19

Not looking very good:-

[poacher45] 18/4/2017 16:00

This is not a small amount that each pensioner will loose. Unless the government are prepared to help out I can see a prolonged labour dispute.

[poacher45] 18/4/2017 15:56

'Strongest possible opposition'
The CWU said its members - including sorting and delivery staff - could lose up to a third of their future pensions as a result of the change.
A 50 year-old earning £25,000 a year and retiring at 65 would lose £4,392 a year, or more than £100,000 over the course of their retirement, it said.
"The CWU has made clear that any attempt by the company to impose change without agreement will be met with the strongest possible opposition, including a ballot for industrial action," said Ray Ellis, the union's acting deputy general secretary.
"We will not stand by and watch the company abandon the pension promises it made at the time of privatisation which threatens our members with massive cuts to their future pension benefits and insecurity and poverty in retirement."

[muffinhead] 18/4/2017 10:30

where do you get the £4500 figure?

[poacher45] 18/4/2017 09:29

I think that anybody that looses £4500 a year from there pension is going to be very upset. Unless Royal Mail offer something different there is going to be big problems.

[oiht] 18/4/2017 08:56

The unions will huff and puff as they pursue their political agenda that's for sure, but will there be enough support among the workforce? We'll see.

[poacher45] 16/4/2017 11:45

This spells big troubles with the unions. Strikes are very expensive if no solution can be found.

[oiht] 13/4/2017 17:10

Another defined benefit pension scheme bites the dust(to future retirees at least):

"The Plan is currently in surplus but we expect the surplus will run out in 2018. The Company's annual pension contributions are currently around GBP400 million. If no changes are made, the contributions could more than double to over GBP1 billion in 2018. We have concluded that there is no affordable solution to keeping the Plan open in its current form. Therefore, the Company has come to the decision that the Plan will close to future accrual on 31 March 2018, subject to Trustee approval."

[cwa1] 21/3/2017 09:09

OK, about 419 has persuaded me out. Almost certainly "too early" but a handsome return in a short period allied to nervousness with the continued strength of markets in the face of, what I see anyway, potential issues and headwinds was too much to resist.

Hopefully will be back if the price pulls back-but good fortune to holders regardless

[oiht] 20/3/2017 09:29

A profit is a profit so well done. My history with this one is cashing in two early, I've decided to wait for July's dividend this time and who knows - the share price might be a fiver again. Or it could be three quid - all part of the 'fun'! Good luck :-)

[cwa1] 20/3/2017 08:40

Hmmmm. Decisions, decisions. Bought in at just under £4 recently, a healthy profit being shown already. Take the money and run, or hold on for more?

[muffinhead] 15/3/2017 21:07

Experts dismiss Royal Mail hybrid pension proposal




When the fear of loss on entry is overcome by the fear of loosing out.... boom!