Royal Mail Share Discussion Threads

[europa79] 12/10/2017 17:07

So what about the last 18 months then ?

[europa79] 12/10/2017 17:01

"We are very committed to working closely with the CWU in order to reach agreement ..."

LOL!!!

[oiht] 12/10/2017 16:35

CWU 0 - 1 RMG (CWU o.g)

[neilyb675] 12/10/2017 16:16

Get in there ✔

[encarter] 12/10/2017 15:56

Yep good news. Back around the table now. 7 weeks i think before they can call another strike, then 2 weeks notice. With most of the xmas mail sorted by then, all the wind taken out of cwu sail.

[crystball] 12/10/2017 15:42

High court injunction favours Royal Mail.

[scamper] 12/10/2017 10:15

GLG Partners LP reducing short 0.58% -0.07% 10 Oct 2017

[encarter] 11/10/2017 16:58

Short term depends on how tomorrows court case goes.

[scamper] 11/10/2017 16:56

Upgraded today ‘neutral’; fr sell 390p price target
UBS

[scamper] 11/10/2017 09:29

IMO Last rise from the lows was caused by shorts reduction by GLG on the 4 Oct

[careful] 11/10/2017 09:26

exotic

Moya Green is merely a non ecec director of Easyjet.
These are cushy part time positions, sometimes entailing as little as one day per month.
Some CEO's have several no exec positions, as do retired executives.

Equivalent to a day off school.
Her real job is with RMG.

[encarter] 11/10/2017 08:44

Whoooshhh. Price is recovering quickly now.

Off topic slightly. The union have said that RM plan to break the company up. Their Parcel Force division is already run seperately from the rest of the business and would be easily severed and sold off. With someone like EBay being an ideal buyer and resulting in a massive bonus for shareholders.

[encarter] 10/10/2017 19:29

Injunction heard thursday morning. RM should win it then it back around the table to thrash out a deal.

[exotic] 10/10/2017 15:19

If you think Moya Greene really has a difficult situation, then that's even less reason to reduce her commitment to 50% when she went off and joined the board of EasyJet on September 1st.

Same goes for RMG director Matthew Lester joining Barclays PLC on the same date.

If the union wants to strike over pay vs. workload ratio going in an inferior direction to that of directors then the union will have my support 100%.

It seems to me those cats who make it to the top just cream off even more for doing even less. They have no genuine concern for the company as they soon move onto the next one, and the mess they left it in will be someone else's problem.

[careful] 10/10/2017 10:50

Moya Green seems competent.
She has a difficult situation.
A former state owned company with 1970's style unions.
A rapidly changing industry at that.

[europa79] 10/10/2017 10:47

Well managed ??????

[encarter] 10/10/2017 09:32

It doesnt matter how the company is managed. Its agreed with the regulator that RM makes between 5% -10% profit. Its the regulators job to keep profits within that range by ajusting the rules. Last years profits were at the lower end of that.

[zorija] 09/10/2017 21:37

Big 'if' there...

[careful] 09/10/2017 21:32

That is good news.
Common sense could win out.
Lots of potential with RMG if well managed.

[encarter] 09/10/2017 21:06

Talks now planned between RM and CWU. Hopefully they can reach a deal.

[encarter] 09/10/2017 09:20

Yes its looking like the strike wont happen now at least until after christmas, by which time they should have reached an agreement.

[careful] 09/10/2017 08:55

seem to recall that the Thatcher strike reform laws were used in the past.
If judge orders the strike as being illegal it must be called off.
When they fail to do so, Union funds used to be frozen by the banks.

Then the highly paid union leaders start suffer and the unions could even go bust.
This would effect the union employees pensions including the fat cats.

In the end they will have to stick to agreed proceedure.

[ccraig69] 08/10/2017 11:37

I guess if they went on illegal strike then they could sack the workers for breach of contract or offer them a new contract of their choice?

[bartram] 07/10/2017 10:35

Looks like Royal Mail are finally starting to play hardball with the CWU:

[racg] 07/10/2017 01:31

Ok well £10.50 ain't all that. I appreciate my postie but they still need to be competitive with other providers. There are no if's or buts.

'Bloody hard work'?

Compared to what?

Kazakh copper mine? NHS nurse? Traffic Warden? Kebab shop employee? Minicab driver?

No sorry, disagree not bloody hard. Boring yes.