Royal Mail Share Discussion Threads

[muffinhead] 11/3/2020 21:48

Stock markets plummeting, oil price falling,
homes flooded,
half of the world infected with a virus,
go for it CWU keep the red flag flying high

[muffinhead] 11/3/2020 21:47

Good luck to Rico Back, CEO of Royal Mail

Investing £1.8 billion in three new state of the art hubs and parcel automation

Get it done!

Great British company

[tubbs64] 11/3/2020 18:24

Who is Rico Black? Is he Jack Black's dad?

[muffinhead] 11/3/2020 17:13

Worth noting the Royal Mail "defined benefit" pension plans post IPO were closed to future accruals from March 2018.

November 2019 the pension surplus was £2.97 billion, almost twice the current value of the company

The RM pension trustee invests the majority of pension funds in fixed interest securities eg. government long term gilts to match liabilities

With today's announcement by the Bank of England to reduce the bank base rate to 0.25% and with 10year gilts appreciating to yield only 0.28% today, suffice to say that the RM Defined benefit pension scheme is in rude health and probably the best funded private pension scheme in the UK

[tubbs64] 09/3/2020 18:30

Perhaps Rico could try the deep heat treatment on himself..... I'm sure it would lift morale amongst RM employees

[muffinhead] 09/3/2020 14:12

Stock markets plummeting, oil price falling,
half of the world infected with a virus,
go for it CWU keep the red flag flying high

[muffinhead] 09/3/2020 14:04

ssp only applies if told to self-isolate by nhs 111 or doctor

[creditcrunchies] 09/3/2020 12:38

Good time for Scottish referendum with oil prices here

[blueball] 09/3/2020 08:54

Gradually falling to 120p.

[creditcrunchies] 09/3/2020 08:27

Getting close to a penny share

[lefrene] 06/3/2020 14:29

With IR35 the industry will find itself with substantial extra costs. Employers NI, all the vans now on the company books along with the insurance, sick pay, holiday pay, and the cost of covering for when a driver is away sick or on holiday. Parcel costs will rise across the board, it could be a chance to improve margins?

Either that, or some participants in the market will collude and share drivers, so that the driver can remain 'self employed', as he can claim more than one customer?

I doubt the public will notice, but I learnt this the other day from a self employed HGV driver, and he is packing it in as he wants flexible working and not being tied down to one company.

[srpactive] 06/3/2020 14:25

e

Thank you, watch for the drop then.

dyor

[encarter] 06/3/2020 14:20

It will be at least 90% yes to strike. CWU have many demands that RM will not meet. Posties will strike and it will be messy.

[srpactive] 06/3/2020 14:16

l

Good ost, I feel this will support PF better as alot of the others we
cease to trade I would have thought.

Any news of the proposed outcome of the vote yet?

tia

[lefrene] 06/3/2020 14:05

The new tax rules that work against 'captive' self employed persons is going to hit the whole van delivery industry, since so many van drivers operate as a captive 'self employed' person. ie, they have to provide a modern liveried van and work on a per parcel/mileage basis. I know Parcel Force employs a lot of people on this basis, and the new rules will mean that these people will have to be taken back on as full employees with the associate costs and benefits. I guess as it will affect the whole industry it shouldn't put parcel Force at an undue disadvantage.

[srpactive] 06/3/2020 13:51

Any update on whether the workforce are going to strike?

[srpactive] 06/3/2020 11:09

sdt

Yes doing very well will break 232p very soon, take out
250p after massive profits and dividend is announced
next month, then 320p the target. dyor
Will not be back to the board either the shorter c47
controls the board.

As for rmg just waiting, will invest as and when.

active

[stevedaytrader] 06/3/2020 11:01

HGM doing well SR, surprised you're not back on that board. Just checking in here with my tiny holding, can't see much happening as already a dire share price :-(.

[creditcrunchies] 05/3/2020 19:54

with people working from home avoiding public places now they're delivering more packages this corona virus could actually be RMG's saviour

[creditcrunchies] 28/2/2020 11:25

I got up to 55% cash a few weeks back this is when you want to fill ya boots, this Corona virus will blow over going into summer but it'll return later going into next winter. Also you get the monster dividends coming into April/May period

[encarter] 28/2/2020 09:54

Looking nasty. Could Crash next week. I'm going to cash as much as I can