Royal Mail Share Discussion Threads

[wilc42] 28/9/2022 09:03

Of course, because they finish at 2 o'clock

[careful] 27/9/2022 22:33

Unmanageable.
Huge losses for this year, almost certainly no dividend.
Destroying the company that pay their wages.

A. terrible investment.

Union leader called for nationalisation at Labour conference today.

They think that will mean fat pay rises, pensions and job security paid subsidised by a bankrupt country.

[isis] 27/9/2022 22:06

Most of the Postman I see in my local Spoons weigh about 18 Stone! lol

[sheepshagger1] 27/9/2022 21:30

Fair value 50p

[isis] 27/9/2022 21:26

Unfortunately the Posties still think they are Nationalised and behave like it. I'm sure Truss will back the Management but it leaves Shareholders taking big hits and probably no Dividends.
They need to split off GLS asap - these Nutters won't stop or be rational!

[tuftymatt] 27/9/2022 20:36

Just read a further 19 yes 19 days of action will take place in the run up to Christmas. Wow that just shows what I have said many times here and that's how far apart management and the workforce are in everything!!

[casholaa] 27/9/2022 16:34

I've never understood how it is that junk mail, unlike usual post, never fails to be delivered correctly

[lefrene] 27/9/2022 14:55

It seems the junk mail is a big subsidiser of the actual mail. But I suppose it must work despite probably 95%+ going straight in the bin. Yup alll the trees, the paper making, the printers ink, designing the stuff, printing it, an awful lot of jobs being supported. About as useful to the economy as the hospital management monster, but it keeps cash going around the economy.

[geckotheglorious] 27/9/2022 11:08

Seconded ISIS.
I'd welcome the end to the mountains of junk mail myself. Sick of it.
And all those trees needlessly cut down to provide for it.

[isis] 27/9/2022 10:37

I basically only send Cards - Virtually everything else is done on the internet. Even Cards are being sent electronically now - it is a dying business and needs urgent reform.

[lefrene] 27/9/2022 10:29

Gecko, I feel it is important to maintain a oublic letter service, tangible forms of communication are an important part of keeping a society glued together imo. However we don't need a daily service to every address, as we have electronic means of urgent communication. RMG is such a simple business, and the solutions to it's economics are so stunningly obvious, however politcs as ever, get in the way of common sense.

Letting the thing go bust, would perhaps kick the politics into touch? Then it should be possible to re-start with commerce at the core of it. People would then accept that a postal service should not have to be subsidised by the tax payer, and that letters every other day, or every third day, is better than no post at all.

[geckotheglorious] 27/9/2022 09:54

Agreed Lefrene.
Few post letters these days, much of the "post" is simply junk mail.
The profitable parcels business can be spun off.

[lefrene] 27/9/2022 09:15

Perhaps the answer to RMG's endless problems might be to let it go bust? Then something sensible and coimmercial based can replace it.

[lord loads of lolly] 26/9/2022 22:37

unastubbs - you’re either dead right or just plain dead.

[unastubbs] 24/9/2022 14:08

any positives to be had from yday's fiscal event/mini-budget thing? corporation tax rise cancelled. NI increase ditto. Such a large workforce that's going to be a huge saving.

there is huge turbulence here, but it is the best time to buy. keep your head and you will be rewarded :)

[careful] 23/9/2022 13:34

We all want Posties to be fairly paid, with good fringe benefits.
But the business must be run efficiently by the management and not the unions.

This demands change in working practices using the best modern methods.
A well run RMG must generate profits and expand into other areas creating more jobs and job security.

As always, the workers get the vast bulk of the wealth generated and that is correct.
In excess of £5bn per annum in wages and benefits.
The shareholders, owners of this business have made a terrible investment here and the value of the company has collapsed.
They require a modest capital gain and about 4% in dividends.

Total return of about 8% is satisfactory, or about £200m p.a.

That sums it up, we the shareholders who own the business collectively want about £200m p.a.
The workers of course get collectively £5,000 million, which is how it should be.

£12bn turnover it is a big business.

[mickinvest] 23/9/2022 12:58

Two people who think business is all about profit and workers should be flogged to work harder. The Amazon model takes away all sick pay, most of the PAYE and have delivery drivers battering round our streets like it's a grand Prix. Well I'm not joining the race to the bottom like some on this thread, maybe if people numbered their property clearly and maybe think of moving from their ghettos if people still pinch mail from inside their letterbox, we would have less to moan about.

[geckotheglorious] 23/9/2022 12:37

Casholaa
"Delivering mail takes less skill than posting it as there is writing and reading and wrapping and enveloping and postage stamps and sealing involved, not just reading"

Precisely.

[casholaa] 23/9/2022 12:28

I don't have a cat or a dog and I don't vote. It really is not too much to ask for my post to actually be delivered rather than to a neighbouring road and into my address and not left hanging outside ripe for somebody to pinch. Delivering mail takes less skill than posting it as there is writing and reading and wrapping and enveloping and postage stamps and sealing involved, not just reading.