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colleague shares??
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delighted
- Posts: 36
- Joined: 19 Mar 2010, 16:36
- Gender: Male
- Location: sunny lancaster
colleague shares??
Whats the latest on the colleague shares we have been promised £537 pro rata ? ive heard a rumour we aint gonna get a bean?? 
Last edited by POSTMAN on 03 Apr 2011, 15:15, edited 2 times in total.
Reason: Title
Reason: Title
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pinstripe
- Posts: 2464
- Joined: 25 May 2007, 16:42
- Gender: Male
- Location: 2 left turns from reality
Re: colleague shares??
I haven't heard any rumours except on here, but I don't expect anything.
Quick question regarding them though (instead of starting yet another thread), If you were full time when they were issued to you and you are now part time, or vice-versa (ha, bloody ha), does the amount of 'shares' you have change?
Quick question regarding them though (instead of starting yet another thread), If you were full time when they were issued to you and you are now part time, or vice-versa (ha, bloody ha), does the amount of 'shares' you have change?
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fishtank
- Posts: 19732
- Joined: 28 Sep 2007, 17:22
- Gender: Male
Re: colleague shares??
No...if you were issued a full-time allocation...that's what you have....and vice versa.pinstripe wrote: If you were full time when they were issued to you and you are now part time, or vice-versa (ha, bloody ha), does the amount of 'shares' you have change?
good times, bad times you know I've had my share
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pinstripe
- Posts: 2464
- Joined: 25 May 2007, 16:42
- Gender: Male
- Location: 2 left turns from reality
Re: colleague shares??
Thanks Fishtank. Not for me though
, always been an AG.
Still pro-rata of sweet FA is the same as the full amount.
Still pro-rata of sweet FA is the same as the full amount.
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Martin Walsh
- Posts: 4258
- Joined: 19 Sep 2007, 20:12
- Location: neverland
Re: colleague shares??
The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
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gb93
- Posts: 1462
- Joined: 29 Oct 2009, 16:25
- Gender: Male
Re: colleague shares??
Well that doesn't sound very promising does it.dingo wrote:
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
Me thinks it's already written. And the ground is being paved ?
This ain't no baseball game, you get only one chance and you blew it.
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fishtank
- Posts: 19732
- Joined: 28 Sep 2007, 17:22
- Gender: Male
Re: colleague shares??
The shares are based on the value of the company dingo...not it's trading position or the effectiveness of the transformation program.dingo wrote:The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
The value of the pension fund is not part of the valuation of the company....otherwise we would be throwing £23Billion into the pot.
The problem is the union has no idea what formulae Royal Mail have concocted to con the members out of their money.
The real question should be...What will the union do if Royal Mail renege on the share issue.
Roll over or fight?
good times, bad times you know I've had my share
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woofwoof
- Posts: 1516
- Joined: 13 Apr 2007, 16:23
- Gender: Male
- Location: stinky land
Re: colleague shares??
fishtank wrote:The shares are based on the value of the company dingo...not it's trading position or the effectiveness of the transformation program.dingo wrote:The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
The value of the pension fund is not part of the valuation of the company....otherwise we would be throwing £23Billion into the pot.
The problem is the union has no idea what formulae Royal Mail have concocted to con the members out of their money.
The real question should be...What will the union do if Royal Mail renege on the share issue.
Roll over or fight?
Roll over
shall i say anymore
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silly suffolk
- MAIL CENTRES/PROCESSING
- Posts: 728
- Joined: 04 Mar 2011, 21:31
- Gender: Male
- Location: deepest suffolk
Re: colleague shares??
as the colleague share payout is a major plank of bt 2010, i don,t believe the union will roll over if were stiched, but it will be decided by the membership what we do in response
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pokos27
- Posts: 657
- Joined: 15 Apr 2010, 19:32
- Gender: Male
Re: colleague shares??
full timers who left in the past, had their shares purchased off them.
I think the company should honor them, but there should be some communication, which is lacking about them.
I think the company should honor them, but there should be some communication, which is lacking about them.
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BT2010
- Posts: 352
- Joined: 11 Feb 2011, 20:45
- Gender: Male
Re: colleague shares??
fishtank wrote:The shares are based on the value of the company dingo...not it's trading position or the effectiveness of the transformation program.dingo wrote:The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
The value of the pension fund is not part of the valuation of the company....otherwise we would be throwing £23Billion into the pot.
The problem is the union has no idea what formulae Royal Mail have concocted to con the members out of their money.
The real question should be...What will the union do if Royal Mail renege on the share issue.
Roll over or fight?
FISHTANK for president!
its simply not the size of the man in the fight.
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Big Daz
- Posts: 5668
- Joined: 17 Apr 2007, 20:27
- Gender: Male
Re: colleague shares??
Of course we will get a payment but it might be a pittance but a payment is a payment. The shares are being bought back from us so unless they are worth ZERO pence then some money will be had.
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dvbuk55
- EX ROYAL MAIL
- Posts: 16650
- Joined: 02 Jun 2007, 19:17
- Gender: Male
Re: colleague shares??
Right so really it's no different to backing a horse at 10/1 and it romps home at 3/1..................a bit of a gamble..............like why you never see a poor bookie but a punter with a sad face.Big Daz wrote:Of course we will get a payment but it might be a pittance but a payment is a payment. The shares are being bought back from us so unless they are worth ZERO pence then some money will be had.
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maisymoo04
- Posts: 2226
- Joined: 07 Apr 2010, 17:11
- Gender: Male
- Location: You dont want to no
Re: colleague shares??
alrite dv havnt been on for ages how our ye mate 
"Some day I will have the bottle to take the money"
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dvbuk55
- EX ROYAL MAIL
- Posts: 16650
- Joined: 02 Jun 2007, 19:17
- Gender: Male
Re: colleague shares??
maisymoo04 wrote:alrite dv havnt been on for ages how our ye mate
Well I'd be better if I didn't keep backing the losers maisy