The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser. All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
wandle wrote:
So, we should get £722.50 this year, and £722.50 in 2012, surely ?
Only if you value the shares at over £2 each which would mean that the company's value had increased by over 35% in one year.
Possible?...anything is possible.....Likely?...not really.
Financial accounts can be manipulated by banging-in exceptional items (one-off costs) to show what you want to show. Remember RM supposedly losing £1m a day, then suddenly showing a healthy profit one financial year later ??? Does anyone really believe ANY Chief Exec can transform a business to that degree in only 12months ? A 35% increase in net value would be relatively easy to ahem, achieve
Reminds of the old joke
Q. What is 20 x 12 ?
Mathematician's answer: 240
Accountant's answer: What figure did you have in mind ?
If we don't get this money then the BT2010 agreement should be scrapped, this £536 was part of the reward for all the s**t we have had to put up with, no reward no agreement, simples!! If HQ have settled for this then watch the members leave by the thousands and who could blame them, this would be one step over the edge. I do have a feeling dingo is having a laugh and just trying to wind people up still think we will get the £536.
Look a lot on here might dislike me or even disagree with me but I do care and do fight for the members
The fact is fishtank when royal mail announce the value of colleague sharenext Tuesday members should b very angry ! We have all been victims of a con ! What's more it will be accompanied with a number of other cons including CPI on pensions , longer introduction of the deal and whether the business can afford the BTA deal going forward as they are not achieving a net profit value on the revisions or whether royal mail want a new business plan over and above what has been agreed!
I won't go into detail for obvious reasons but in my view members need to know the truth of what's happening and it's not the unions fault , it's the failure of royal mail's whole strategy which ihas now placed royal mail at risk !
Something is puzzling me regarding these shares. I joined on 9th june 2007 so therefore missed the allocation of these shares by a couple of weeks. when the aggreement was made these payments due this year and next year were surely to make up for the crap wage increase. but people like me who have to work rough these terrible revisions get shafted. so basically i get a wage cut cos of this deal and dont even get the sweeteer of the shares payouts. what a useless bunch of tits, this union is!
The £536 is not our reward for the BT2010 agreement as CS pre dates BT2010. Shares no matter what their value were going to be bought back from us this year and next regardless of BT2010.
That said RML and CWU top bods were convinced this time last year that BT2010 would increase the share value.
I won't go into detail for obvious reasons but in my view members need to know the truth of what's happening and it's not the unions fault , it's the failure of royal mail's whole strategy which ihas now placed royal mail at risk !
The membership don't blame the union for the failure of Royal Mail's business strategy.
The membership blame the union for abandoning it's core values in following this strategy.
A year ago according to Dave Ward and Bob Gibson it was the future...now it looks like it has put all of our futures at risk.
The blame game is pointless,but responsibility is obvious and well earned.
I hear what your saying about the cs predating the 2010 agreement ....but why in our office on the union board where the agreement paperwork hangs , is the two payments on that paperwork where the wage increases for the new agreement are shown ? if they have nothing to do with the 2010 agreement why are they stated on the paperwork at all?
dingo wrote:Look a lot on here might dislike me or even disagree with me but I do care and do fight for the members
The fact is fishtank when royal mail announce the value of colleague sharenext Tuesday members should b very angry ! We have all been victims of a con ! What's more it will be accompanied with a number of other cons including CPI on pensions , longer introduction of the deal and whether the business can afford the BTA deal going forward as they are not achieving a net profit value on the revisions or whether royal mail want a new business plan over and above what has been agreed!
I won't go into detail for obvious reasons but in my view members need to know the truth of what's happening and it's not the unions fault , it's the failure of royal mail's whole strategy which ihas now placed royal mail at risk !
Over and out till after Tuesday !
for fecks sake I hate these ' I know something but can't possibly tell you' posts
If you have been told then surely you have an obligation to 'the members' to tell them and not keep them hanging on and speculating till Tuesday - and ifit is as bad as you make out then why on earth would you not tell all? What it's really really bad but I can't tell you cos i'm not allowed?
either post what you know or don't bother posting anything
Ok we have been victims of a con (surprise surprise).
Thing is does the top brass have any stomach for a fight over this con.
Or is stopping privatisation still the only fight worth it for them.
If they truly believed 2010 & Beyond was in good faith they should be fuming and all out for a fight.
If just accepted they are part of the con and cannot be trusted ever again.(know some will say trust has gone allready).
This ain't no baseball game, you get only one chance and you blew it.
Daz as already discussed the colleagueshares were sold to the membership in the Rewards section of the agreement as a....reward.
What you or i personally think of them is immaterial.
It's a case of a sneaky underhand selling technique coming back to bite you on the arse.
Some of you need to read the message you will be told the value of colleague on Tuesday ! Did you know that before ? What's more it ain't going to be good news and is going to get worse !
So is that more than you know or not ! Ps moya Greene addressed the pec today !
Does anyone really believe ANY Chief Exec can transform a business to that degree in only 12months ? A 35% increase in net value would be relatively easy to ahem, achieve
and just trying to wind people up 
All this C/S business, reminds me of the saying, 'Your cheques in the post'! 
