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Royal Mail chief warns Labour:

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qwerty2
Posts: 2070
Joined: 30 Jun 2009, 00:42
Gender: Male

Royal Mail chief warns Labour:

Post by qwerty2 »

enskied
Posts: 1877
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: Royal Mail chief warns Labour:

Post by enskied »

Oh shut up,

I'm suing you for making me work too hard. Shove your three days untouched duties up your arse. :sad:
postslippete
Posts: 4188
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Royal Mail chief warns Labour:

Post by postslippete »

DK has been a long term investor in the company and a few of the larger shareholders believe that if the universal service is changed sufficiently that Kretinsky's offer undervalues IDS and that is why Martin Seidenberg is pushing for greater urgency on reducing the letters service.

OfCom are obviously stalling in making a decision until next year. RM have already made a lot of the changes that should allow us to be more profitable than before and they won't be able to keep using the bleak 'financial situation' as a stick to beat the USO with; but alas they will. :roll:
On the face of it, shareholder value is the dumbest idea in the world.
TopperGas
Posts: 3448
Joined: 13 Feb 2021, 22:46
Gender: Male

Re: Royal Mail chief warns Labour:

Post by TopperGas »

postslippete wrote:
08 Sep 2024, 08:00
DK has been a long term investor in the company and a few of the larger shareholders believe that if the universal service is changed sufficiently that Kretinsky's offer undervalues IDS and that is why Martin Seidenberg is pushing for greater urgency on reducing the letters service.

OfCom are obviously stalling in making a decision until next year. RM have already made a lot of the changes that should allow us to be more profitable than before and they won't be able to keep using the bleak 'financial situation' as a stick to beat the USO with; but alas they will. :roll:
It's seems inevitable the USO will change eventually but I've not seen anything to suggest that the larger shareholders intend rejecting the offer, this seems just media talk. If RM is such a bargain then why haven't any other company made any counter offers?
postslippete
Posts: 4188
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Royal Mail chief warns Labour:

Post by postslippete »

TopperGas wrote:
08 Sep 2024, 14:39

It's seems inevitable the USO will change eventually but I've not seen anything to suggest that the larger shareholders intend rejecting the offer, this seems just media talk. If RM is such a bargain then why haven't any other company made any counter offers?

Perhaps there is a certain irony in what you have just said about media talk. Most people who read the news (and that includes potential investors) believe that Royal Mail are really struggling financially, that it is loss making, and that it desperately needs to change the USO or it could plunge into administration as of next month because its still losing over a million pounds a day.

For other investors, buying Royal Mail outright is bold and comes with a lot of challenges, not least the fact that it is an iconic British institution and requires security clearance from the government.
On the face of it, shareholder value is the dumbest idea in the world.
GRS
Posts: 818
Joined: 15 Jun 2015, 18:38
Gender: Female
Location: South West

Re: Royal Mail chief warns Labour:

Post by GRS »

Oh do F Off Sodberg you ring piece!!! No one forces you to be head of this company. Stop blackmailing everyone in this country & get on with your highly paid job.

He sees the likes of us & the public as the s**t on his shoe but he himself is the lowest of the low……worse than scum that bloke. Hopefully when his time comes it’s slow & painful.
pieoftheday
Posts: 1834
Joined: 11 Mar 2010, 16:43
Gender: Male

Re: Royal Mail chief warns Labour:

Post by pieoftheday »

GRS wrote:
08 Sep 2024, 19:42
Oh do F Off Sodberg you ring piece!!! No one forces you to be head of this company. Stop blackmailing everyone in this country & get on with your highly paid job.

He sees the likes of us & the public as the s**t on his shoe but he himself is the lowest of the low……worse than scum that bloke. Hopefully when his time comes it’s slow & painful.
Ring piece :chuckle havnt heard that for ages, brilliant