Royal Mail Share Discussion Threads

[sr2day] 18/3/2020 09:19

good news,not time for industrial action say unions.agreement still to be reached but looking promising.

[stupmy] 17/3/2020 16:45

I'm thinking along the same lines as you and it's one of the few positions I've maintained.

[encarter] 17/3/2020 16:39

I'm right. They won't strike and so will have to eventually re ballot. At least a year away the way things are looking. With everyone in lock down parcels and letter volumes will be up.

[stupmy] 17/3/2020 16:26

I'm with encarter, hope he's right

[srpactive] 17/3/2020 16:17

Workers overwhelmingly vote for strike action source alcn

[stupmy] 17/3/2020 08:10

MickinVest, I was wondering if the share price fall on this one was actually an opportunity. I've not sold anything and was so close to buying more yesterday (obviously wish I did).

[sr2day] 17/3/2020 02:26

Once the strike is averted the share price will climb to 250 pence in no time.if they decide to strike there will be another injunction for another six months.the union may try before coming to the table with a sensible proposition.in the meantime hold on if you are invested.

[bartram] 16/3/2020 21:36

Any strike by the posties right now would go down like the proverbial lead balloon with joe public.

[encarter] 16/3/2020 20:47

Expected to peak in 3 months with around 30 million people having had it by then. Hopefully should have burned out after 6 months. Looking at % of deaths we could see a million dead. Big worry is that some evidence that immunity is only temporary.

[mickinvest] 16/3/2020 20:36

Looks like it was probably down to purchases for the employees share scheme that happens on 15th. Probably fall quite a bit tomorrow without the buying pressure.

[stupmy] 16/3/2020 20:03

I was thinking that too cyrstball. Encarter, where do you get '6 mths' from? Would the reality not be 2-3 mths?

[crystball] 16/3/2020 18:54

Tomorrow is the last day for voting in the strike ballot. The vote will be overwhelmingly for striking but this may well be prevented by the government due to the national emergency we find ourselves in. It is essential that delivery of Royal Mail items is not hijacked by strikers.

[encarter] 16/3/2020 18:28

And will probably have to shut it down for 6 months.

[encarter] 16/3/2020 17:52

They still make most of their cash from letters.

[arbus5000] 16/3/2020 16:42

why would there be simultaneous cuts in delivery frequency, dividend, staff cuts & automation capex ????

[careful] 16/3/2020 16:24

if RMG can't survive when everyone is house bound and rely on parcels, then all is lost.

[srpactive] 16/3/2020 16:17

M

Probably strike result leaking, should be tomorrow.

[mickinvest] 16/3/2020 14:39

Any rumours here for the rise, are RMG going to be allowed to drop the 6 day a week delivery?

[tubbs64] 16/3/2020 08:29

Redundancies will happen come what may...... they are inevitable...... its just a matter of how they are managed.

[muffinhead] 16/3/2020 08:23

Tubb dividend could be cancelled

If damage is deep enough, redundancies follow

Capex in parcel automation may need to be put off for a year?

Who knows

[creditcrunchies] 12/3/2020 13:29

The Ftse is getting rather a lot of Penny Shares now meanwhile the union tries to bust the company

[muffinhead] 12/3/2020 12:24

Budget yesterday

Annual output is forecast to reach 1.8 per cent in 2021-22, before falling to 1.5 per cent in 2022-23 and 1.3 per cent in 2023-24
Meanwhile, inflation is expected to be 1.4 per cent this year, rising to 1.8 per cent 2021-22


CWU was stupid to reject RMG's recent offer of 6% over 3 years