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Time to think outside the Box.

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
sindba
Posts: 1451
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Gender: Male

Re: Time to think outside the Box.

Post by sindba »

Jesus wept
sindba
Posts: 1451
Joined: 05 Feb 2012, 20:27
Gender: Male

Re: Time to think outside the Box.

Post by sindba »

Even if 100,000 posties bought 20 quid of shares a week, in 1 year we'd own 4% of the company. It would have zero impact on the share price, and put zero pressure on billionaire investors and execs.

Is this even a serious suggestion as an alternative to collective bargaining? Jesus wept.
milly
MAIL CENTRES/PROCESSING
Posts: 1265
Joined: 14 Sep 2007, 09:43

Re: Time to think outside the Box.

Post by milly »

rambo1 wrote:
19 Feb 2023, 19:40
Ok if that's the case then everyone putting max in will increase total holding by 2.5% ish. As we are all individuals though and not one entity I don't see how it would be of any benefit?
I believe that Kretinsky knows that the value of the company is worth far more than it's Market Cap so pushing up the Share price would hopefully scare him off.
I may or may not right about Thompson and Co acting as Kretinsky's Confederates but this dispute has been resolvable from the outset and should never have got this far.
Our Union isn't Millitant and only wants a fair deal and has tried to deal with some pretty outrageous behaviour from Mr Thompson.
milly
MAIL CENTRES/PROCESSING
Posts: 1265
Joined: 14 Sep 2007, 09:43

Re: Time to think outside the Box.

Post by milly »

sindba wrote:
19 Feb 2023, 19:49
Even if 100,000 posties bought 20 quid of shares a week, in 1 year we'd own 4% of the company. It would have zero impact on the share price, and put zero pressure on billionaire investors and execs.

Is this even a serious suggestion as an alternative to collective bargaining? Jesus wept.
100000x £20x 52 = £104 million which at the current Share price would buy over 45 million Shares to add to our 94 million giving a total of 139 million Shares compared with Kretinsky's 221 million Shares.
stevejm
Posts: 495
Joined: 09 Dec 2017, 16:16
Gender: Male

Re: Time to think outside the Box.

Post by stevejm »

Just stop please. Just nonsense because ...

even if your premise is right about Kretinsky and even if your maths is correct - both dubious i.m.o,

what is a nailed down certainty is that you will NEVER get 100,000+ posties acting in unison to do this - its not even possible to get them all to do things that should be much easier:-

do the job properly
perform an overtime ban
don't start early
do van checks every day
not work on strike days !

need I go on?
milly
MAIL CENTRES/PROCESSING
Posts: 1265
Joined: 14 Sep 2007, 09:43

Re: Time to think outside the Box.

Post by milly »

stevejm wrote:
19 Feb 2023, 20:18
Just stop please. Just nonsense because ...

even if your premise is right about Kretinsky and even if your maths is correct - both dubious i.m.o,

what is a nailed down certainty is that you will NEVER get 100,000+ posties acting in unison to do this - its not even possible to get them all to do things that should be much easier:-

do the job properly
perform an overtime ban
don't start early
do van checks every day
not work on strike days !

need I go on?
This hasn't worked so far.
SpacePhoenix
MAIL CENTRES/PROCESSING
Posts: 12134
Joined: 12 Nov 2008, 17:03
Gender: Male

Re: Time to think outside the Box.

Post by SpacePhoenix »

stevejm wrote:
19 Feb 2023, 20:18
Just stop please. Just nonsense because ...

even if your premise is right about Kretinsky and even if your maths is correct - both dubious i.m.o,

what is a nailed down certainty is that you will NEVER get 100,000+ posties acting in unison to do this - its not even possible to get them all to do things that should be much easier:-

do the job properly
perform an overtime ban

don't start early
do van checks every day
not work on strike days !

need I go on?
Them two would very likely require a fresh ballot as if everyone does it, there's the risk of RM construing it to be unofficial industrial action
stevejm
Posts: 495
Joined: 09 Dec 2017, 16:16
Gender: Male

Re: Time to think outside the Box.

Post by stevejm »

milly wrote:
19 Feb 2023, 20:20

This hasn't worked so far.
That's my point doh!
What you propose is a lot more difficult - so also won't work
stevejm
Posts: 495
Joined: 09 Dec 2017, 16:16
Gender: Male

Re: Time to think outside the Box.

Post by stevejm »

SpacePhoenix wrote:
19 Feb 2023, 20:21

Them two would very likely require a fresh ballot as if everyone does it, there's the risk of RM construing it to be unofficial industrial action
I'm not proposing that they should be done. I was replying to Milly.
rambo1
EX ROYAL MAIL
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Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Time to think outside the Box.

Post by rambo1 »

:Applause
stevejm wrote:
19 Feb 2023, 20:18
Just stop please. Just nonsense because ...

even if your premise is right about Kretinsky and even if your maths is correct - both dubious i.m.o,

what is a nailed down certainty is that you will NEVER get 100,000+ posties acting in unison to do this - its not even possible to get them all to do things that should be much easier:-

do the job properly
perform an overtime ban
don't start early
do van checks every day
not work on strike days !

need I go on?
:Applause exactly.
enskied
Posts: 1877
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: Time to think outside the Box.

Post by enskied »

Eduardo wrote:
19 Feb 2023, 14:13
The union should encourage it.
Would it be hard to set up automatically to have £20 a week taken from my wages to buy shares?
I think they've flinched.
Wait for Wednesday and the parliamentary committee meeting.
Woody Guthrie
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Re: Time to think outside the Box.

Post by Woody Guthrie »

milly wrote:
19 Feb 2023, 19:21
Woody Guthrie wrote:
19 Feb 2023, 19:16
Another conspiracy theory.

Joy.
So conspiracies don't exist?
Billionaires are far too honest to rig things in their favour :thumbup .
Just because something exists doesn't mean everything is one.
Kretinsky's main game is Gas transportation, it's where he made the kind of money that makes Royal Mail look like pocket change.

VESA is an investment vehicle and their investment in Royal Mail is one of many. They may be trying to get their hands on GLS as cheaply as possible but that's business and a long way from a complex plot to undermine the company's financial viability by using an agent provacateur to drive down the share price.

He may want to make some money out of Royal Mail but I don't think he's willing to go to jail for it. He is notoriously careful in keeping his distance from some of the more dubious practices involved in the gas business.

This isn't a James Bond movie.

Williams is a notorious Tory anti-union zealot.
Thompson is a notorious serial f**k up.
There's your real conspiracy in a nutshell.
Only dead fish follow the current
stevejm
Posts: 495
Joined: 09 Dec 2017, 16:16
Gender: Male

Re: Time to think outside the Box.

Post by stevejm »

Woody Guthrie wrote:
19 Feb 2023, 21:06

This isn't a James Bond movie.

Williams is a notorious Tory anti-union zealot.
Thompson is a notorious serial f**k up.
There's your real conspiracy in a nutshell.
Come on Woody - we all know that Kretinsky is GoldFinger, Williams is Dr. No and Simon Thompson is Jaws.
milly
MAIL CENTRES/PROCESSING
Posts: 1265
Joined: 14 Sep 2007, 09:43

Re: Time to think outside the Box.

Post by milly »

Woody Guthrie wrote:
19 Feb 2023, 21:06
milly wrote:
19 Feb 2023, 19:21
Woody Guthrie wrote:
19 Feb 2023, 19:16
Another conspiracy theory.

Joy.
So conspiracies don't exist?
Billionaires are far too honest to rig things in their favour :thumbup .
Just because something exists doesn't mean everything is one.
Kretinsky's main game is Gas transportation, it's where he made the kind of money that makes Royal Mail look like pocket change.

VESA is an investment vehicle and their investment in Royal Mail is one of many. They may be trying to get their hands on GLS as cheaply as possible but that's business and a long way from a complex plot to undermine the company's financial viability by using an agent provacateur to drive down the share price.

He may want to make some money out of Royal Mail but I don't think he's willing to go to jail for it. He is notoriously careful in keeping his distance from some of the more dubious practices involved in the gas business.

This isn't a James Bond movie.

Williams is a notorious Tory anti-union zealot.
Thompson is a notorious serial f**k up.
There's your real conspiracy in a nutshell.
He is very shrewd and got a good deal from the dodgy Slovak Prime Minister Robert Fico.

https://voxeurop.eu/en/gas-and-russian- ... kretinsky/
Eduardo
Posts: 182
Joined: 14 Sep 2016, 08:27
Gender: Male

Re: Time to think outside the Box.

Post by Eduardo »

Staff buying up shares as a group is a good thing.
However having more shares may mean that one becomes more interested in the share price and dividends being paid than the welfare of the workforce and eventually becomes the very thing that one started out fighting against.
It happened once at a mine I think in Wales where the staff clubbed in and bought the mine to run as a community.
I'll have to do some research but I think it all went t1ts up.
This is a bit of a vague post but you kind of get my point, money can have a special power in making people change their outlook on things.

Edit:
Here's the story of the mine
https://en.wikipedia.org/wiki/Tower_Colliery

I watched a documentary on TV about it, some miners wanted to employ agency workers at a reduced rate to work the pit to maximise their profits so you get my drift.
Last edited by Eduardo on 19 Feb 2023, 22:03, edited 3 times in total.
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