Royal Mail Share Discussion Threads

[careful] 27/3/2020 12:13

The harsh realities are that staff numbers and wages and benefits will have to be cut at the same time.
Ingoings must match outgoings.

Otherwise nearly all jobs will be lost forever.

Harsh measures to ensure the business survives in the future is the best way to preserve as many jobs as possible.

If the unions cannot see this, or dream of some white knight loaded with cash will bale them out, it will be a disaster.

Harsh times. But fewer modestly paid jobs are better that widespread job losses.

[srpactive] 27/3/2020 11:04

C

Yes quite right, I put a little in here earlier, not the best
timing but we shall see in time.

[careful] 27/3/2020 10:54

CEO has about 1 year to rightsize RMG.
we can only guess the reduced revenue.
But can he reduce his fixed and variable overheads to survive?

So many businesses in the same position.
Profit, dividends not the objective now, just survival.

[tubbs64] 27/3/2020 10:50

Smartie how dare you think morally like that..... when hard working shareholders are mourning the lose of their dividend..... no doubt they will want the employees to take a pay cut....... after all what are they doing ...... just increasing their risk of contracting Covid 19 by going out delivering to every address.

[smartie6] 27/3/2020 10:37

Watching CNBC this morning has been oh so funny. Economist against Health opinion and views. Love these arguments. Political and economic supporters are such an irritation. How can they justify supporting the market when it should be direct to the people and supporting healthcare. Rich getting richer whilst the poor die.

[blueball] 27/3/2020 10:27

How right you are smartie.

[smartie6] 27/3/2020 10:22

Back to 120p.

[teamwork1] 27/3/2020 10:19

I don't think next uses royal mail

[stupmy] 27/3/2020 09:00

Good point Mick, I was also thinking that might have caused the drop.

[mickinvest] 27/3/2020 08:58

Next and other retailers closing their online shopping last night wasn't a positive.

[srpactive] 27/3/2020 08:46

The statement today seems very sensible indeed, lets hope the
unions and management can work together to ensure stability in
these very testing times. Just bought a few.

dyor

active

[encarter] 24/3/2020 16:18

They have a pension surplus.

[encarter] 24/3/2020 16:18

Why only part of the contract?

[inthemix] 24/3/2020 16:01

Nor me, I generally stick to low mcap companies generating profit. Or exploration companies like TXP unearthing vast assets, just see this as a huge opportunity at the moment.

[elsa7878] 24/3/2020 13:12

Possibly...? Have to add that this is not the kind of stock I would buy in a normally. Under investment, poor ROI, unionised, huge pension deficit etc

[smartie6] 24/3/2020 12:34

Better than a vaccine.

[elsa7878] 24/3/2020 12:31

Spoken to 2 depots / sorting offices in the last 2 days. Packet volumes up and expecting to be awarded part of the contract to deliver medicine and food to the 1.5 million advised to self-isolate. Think when this is announced there will be a decent bounce. Also strike is obviously on hold. The only stock I have been adding in the last 2 days since the crash in shares prices in the last month.

[inthemix] 24/3/2020 12:30

I agree this will rise alot I think.

[smartie6] 24/3/2020 11:15

Following yesterday’s announcement the Post Office is now the heart of the community.
Up, up, and away.

[stupmy] 23/3/2020 17:52

Nowhere to go with this lefrene/Tubbs, let it slide. Neither one of you will common ground with the other.

[tubbs64] 23/3/2020 16:49

Lefrene, you are pompous and your self important precedes you...... who gives a damn about your opinion?

[lefrene] 23/3/2020 16:18

No your pathetic BB lout act is the tragedy here, if you're anything like your BB persona you are unemployable. So into the filter bin with you.

[tubbs64] 23/3/2020 14:20

Blah blah blah.... get back in your cab and do what you're paid for. You are just like every other agency worker ...... you know best...... you're the only one working..... pathetic.