Royal Mail Share Discussion Threads

[datait] 23/9/2022 04:19

Like I said the fall here will continue past the all time lows.

Watch this space.

[mickinvest] 22/9/2022 22:13

Casholaa
22 Sep '22 - 20:47 - 13074 of 13076
0 1 0
All they need to do is get in some temps from agencies until the dispute is resolved. That way the unions can strike all they like to make their point and give other people the opportunity to earn a living as well as allow the company to think things over. I can't think of a fairer way to proceed for all concerned.

FFS, who tells the temps how to tie up a frame, who tells the temps where to go for each loop, to be fair I went over to the local branch and discussed this with the shop steward and no such work to rule in place with temps (ie I said there should be a total blank to them and no dialogue)and left scratching my head, RMG was my largest holding 4-5 years ago and there is no alternative to RMG so will sit and watch for now without holding any shares as still think UK looks shockingly bearish even by my standards but one to keep an eye on.

[mickinvest] 22/9/2022 22:06

Casholaa
20 Sep '22 - 14:21 - 13063 of 13075
0 0 0
Years ago, our postman used to deliver post twice a day. These day's whatever postman we end up with is too lazy even to put the post all the way through the letterbox.

This is the world we live in, people moaning about a letter half way through their letterbox, taking into account many people have cats and dogs attacking the first sign of a digit peaking through a letterbox, you have new draft excluding letterboxes that need a hammerdrill to ensure the letter lands through the other side and here you have some Tory voting snob upset his letter never reached the other side.

People like you make me sick!

[sheepshagger1] 22/9/2022 21:49

Broker sets fair value at 85p

[casholaa] 22/9/2022 20:47

All they need to do is get in some temps from agencies until the dispute is resolved. That way the unions can strike all they like to make their point and give other people the opportunity to earn a living as well as allow the company to think things over. I can't think of a fairer way to proceed for all concerned.

[qpr4ever] 22/9/2022 12:33

Over staffing you haven't got a clue mate. I started Royal Mail 23 years ago two deliveries and a do able walk. Most of the walks are not so able now. We had 36 walks on my district that is down to 24 now the letter may have dipped but it's packets and knocking on doors that's takes the time. Most customers want there mail early he wants to make it later. This is still a profitable company if managed well.

[brucie5] 22/9/2022 10:55

Does look now to be at the bottom of its five-year chart. Recent falls feel a bit like capitulation, but with uncertainty about the dividend, the attractions are still somewhat mixed?

[cwa1] 22/9/2022 10:50

Instructive to read the actual announcement too:-

[cwa1] 22/9/2022 10:39

Sept 22 - Britain's Royal Mail RMG.L said on
Thursday it was proposing to take its talks with its largest
labour union to the Advisory, Conciliation and Arbitration
Service (Acas) as both parties had failed to make headway over
pay increases.


The proposal comes as the two parties have failed to break a
deadlock even after five months of negotiations, three dispute
resolution procedures and three days of strikes by the
Communication Workers Union (CWU).

[lefrene] 21/9/2022 08:51

Gecko 13055, derivatives and the repo-market are two sides of the same coin. The repo-market is used to get cash to keep positions open over night. It all went wrong on 17-9-19 because the lenders to the repo-market realised that most of the would be borrowers were at that moment insolvent, ie most of the worlds 2000 biggest banks were bust. In a few minutes interest rates went from an annualised 0.2% to over 10%, and the market halted, because the system was bust. If they had done nothing there would have been a complete collapse, luckily (or not?), after 25 minutes the Fed started to create money and throw it at the problem. $50 billion every day for 132 trading days straight. Plus more as needed since. Read that link I posted. We've all been in some sort of financial hologram since, jolly lucky that virus thingy came along to distract the children! (yes I think it was deliberate)

In the meantime, now the last adult in the room has been interred, I presume it will be strikes until christmas? With Liz Truss at the helm perhaps RMG will finally get some common sense into their system?

[tuftymatt] 21/9/2022 08:38

I think this one is clearly a gamble Brut at present so with regards to a price target that's a toss of a coin imo.

You could be right but then again if a deal is struck it could spin up. I am now just holding for direction before averaging down again.

[brut winky] 20/9/2022 23:58

What's everyones price target, looking for 170 by November. Might trade a bounce all along the way.

[casholaa] 20/9/2022 14:21

Years ago, our postman used to deliver post twice a day. These day's whatever postman we end up with is too lazy even to put the post all the way through the letterbox.

[isis] 20/9/2022 12:38

I don't think Labour are interested in keeping unviable businesses going. It's just a fact of the times that Letter Post should take a back step and modernise,reduce and move up to date.
I remember when we had Milkman and Shops were shut on a Wednesday afternoon and a Sunday and there were no cash machines. Oh and the 3 day Week, mega inflation and eternal strikes!!
This business is not viable in it's current form.

[brucie5] 20/9/2022 12:34

careful20 Sep '22 - 10:36 - 13056 of 13060
0 0 0
As if that wasn't bad enough, probably a socialist Labour government in a couple of years time.
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Sorry, I must have missed something. Who would that be?

[isis] 20/9/2022 11:08

Unless it's something I am specifically waiting for I can leave the post unopened for Weeks and then open them and bin the lot.
It really is pretty daft in this day and age.

[careful] 20/9/2022 10:56

Interesting how mighty Fedex whose share price fell 20% last week is undergoing a radical cost cutting and efficiency drive to survive.

[careful] 20/9/2022 10:52

isis

Agreed 3 deliveries per week is enough.
anything really urgent we can post special delivery from a post office, a premium service.

but you are forgetting one important thing.
The unions would not agree to any reduction in pay or job losses even when down to three days.

Even when modern automated sorting machines are introduced that same number of employees stand around watching it operate, all on full pay and bonus.

So you have the worst of both world. millions invested efficient capital equipment, yet a bloated workforce fighting for increased pay to do ever less work.

This is what this dispute is all about.
To some extent the management are tied by the ridiculous agreement signed to get RMG privatised.

[careful] 20/9/2022 10:36

RMG about 35% of its value 18 months ago.
Some were saying it was worth £8 at that point.

All of this advice I read about the benefits of being invested in the market and how cash is a terrible asset to hold.

I do not believe any of it. Most investors I know lose money.
Now the authorities are being forced by inflation to make cash a decent asset again and the stock markets get blown away.

If I would have known the suicide surrender agreement signed by Moya Green and encouraged by minister Vince Cable when this was launched a few years ago I would never have invested.
All of the nonsense written by so called experts, but never any real information.

As if that wasn't bad enough, probably a socialist Labour government in a couple of years time.

[geckotheglorious] 19/9/2022 21:52

Leffy

Is the "Repo-market crisis" bigger than the impending multi trillion Derivative elephant in the room?

[lefrene] 17/9/2022 19:46

careful the Repo-Market crisis is reckoned by some to be four to six times bigger than the Lehman's 2008 whoopsie.

This time the Fed did the right thing by pumping $6.6 trillions into the repo-market debacle, but then failed to monitor what was done with much of that money. Much of it went into share buy backs of the big banks and similat institutions, to flatter earnings per share, thus ensuring big bonuses for the executives.

At the time of the repo market crisis there were reckoned to be $400 trillions worth of derivatives, now it's reckoned there are $700 trillions of derivatives.

Bizzarely it was Democrat Clinton who did away with the Glass Steagall Act circa 1981, if that had remained in place thise debacle could not have occured.

Not that all that has anything much to do with RMG.