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Royal Mail to be sold within a year

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.
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POSTMAN
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Royal Mail to be sold within a year

Post by POSTMAN »

Various,hope the Google link works...
https://www.google.com/news?ncl=dKKGbdi ... lish&hl=en" onclick="window.open(this.href);return false;
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
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POSTMAN
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Re: Royal Mail to be sold within a year

Post by POSTMAN »

http://www.dailymail.co.uk/news/article ... ds-newsxml" onclick="window.open(this.href);return false;

Royal Mail to be sold to the public this year in move echoing Margaret Thatcher's privatisation policies

http://www.telegraph.co.uk/news/uknews/ ... cades.html" onclick="window.open(this.href);return false;

Royal Mail to be sold-off by next April in biggest privatisation for over two decades
People will be offered the chance shares in Royal Mail in the next 12 months, ministers have told MPs.

http://www.thisisgloucestershire.co.uk/ ... z2RYcP8s2M" onclick="window.open(this.href);return false;

Royal Mail could be sold to public in a year

http://conservativehome.blogs.com/front ... -2013.html" onclick="window.open(this.href);return false;

Fallon to sell off Royal Mail. But there will no "Tell Sid" campaign
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
borders
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Re: Royal Mail to be sold within a year

Post by borders »

well there you have it, its going to happen or is it ? down to the workers now , are we bothered enough to strike over Privatisation ? interesting to read the comments from readers considering they are Tory rags. many are against it , I think we would get more support from the public than we might imagine. however , taking into account that so many members cant even be bothered to vote on their own pay deals etc I think the Tories may get their way ?
"why should it just be the bankers, politicians and the idle rich who get all the best things ? we demand a standard of living for our members that enables them to share in the fine wines and times that the likes of Cameron and his Eton buddies take for granted " - the late great Bob Crow RIP.
fmrPOSTIE
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Re: Royal Mail to be sold within a year

Post by fmrPOSTIE »

Seriously , this privatisation probably won't go ahead this parliament. Nobody is interested in taking over RM
hubbahubba
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Re: Royal Mail to be sold within a year

Post by hubbahubba »

Anyone have any info on if the government will remain the majority shareholder,or is it more likely to be a equity group or rival with deep pockets?
same as it ever was...
UnhappyGremlin
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Re: Royal Mail to be sold within a year

Post by UnhappyGremlin »

hubbahubba wrote:Anyone have any info on if the government will remain the majority shareholder,or is it more likely to be a equity group or rival with deep pockets?
Don't think any decision of any kind has actually been taken yet. It does appear as though the Government/RM board are testing the waters to see what would be their best option.
Sometimes, I wish I wasn't a Rep.
SP115
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Re: Royal Mail to be sold within a year

Post by SP115 »

borders wrote:I think we would get more support from the public than we might imagine.
Agreed, I think the CWU need to stepup a gear or 3 too.
genesis
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Re: Royal Mail to be sold within a year

Post by genesis »

SP115 wrote:
borders wrote:I think we would get more support from the public than we might imagine.
Agreed, I think the CWU need to stepup a gear or 3 too.
They are ,very soon we are going to ballot on various concerns within royal mail, not for a strike,but if we get a good turnout it will certainly give these business investors cold feet.
fishtank
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Re: Royal Mail to be sold within a year

Post by fishtank »

genesis wrote:
SP115 wrote:
borders wrote:I think we would get more support from the public than we might imagine.
Agreed, I think the CWU need to stepup a gear or 3 too.
They are ,very soon we are going to ballot on various concerns within royal mail, not for a strike,but if we get a good turnout it will certainly give these business investors cold feet.
Hypothetical situation genesis.
The union are involved in high level talks over pay and other issues with Royal Mail at the moment.
What happens if...Royal Mail throws a big tasty pay rise on the table,makes some concessions over this and that and ends the meeting with...cancel the consultative ballot or it's all off the table again.
good times, bad times you know I've had my share
hubbahubba
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Re: Royal Mail to be sold within a year

Post by hubbahubba »

UnhappyGremlin wrote:
hubbahubba wrote:Anyone have any info on if the government will remain the majority shareholder,or is it more likely to be a equity group or rival with deep pockets?
Don't think any decision of any kind has actually been taken yet. It does appear as though the Government/RM board are testing the waters to see what would be their best option.
My point was more one of who would be our employer,be it RM through the government being the major shareholder,or an outsider?
same as it ever was...
Cut Off King
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Re: Royal Mail to be sold within a year

Post by Cut Off King »

fishtank wrote:
genesis wrote:
SP115 wrote:
borders wrote:I think we would get more support from the public than we might imagine.
Agreed, I think the CWU need to stepup a gear or 3 too.
They are ,very soon we are going to ballot on various concerns within royal mail, not for a strike,but if we get a good turnout it will certainly give these business investors cold feet.
Hypothetical situation genesis.
The union are involved in high level talks over pay and other issues with Royal Mail at the moment.
What happens if...Royal Mail throws a big tasty pay rise on the table,makes some concessions over this and that and ends the meeting with...cancel the consultative ballot or it's all off the table again.
Simple, take the pay offer deal....wait a month....reinstate the ballot :left:
NWpostie
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Re: Royal Mail to be sold within a year

Post by NWpostie »

fmrPOSTIE wrote:Seriously , this privatisation probably won't go ahead this parliament. Nobody is interested in taking over RM

Possibly I would imagine for ideological reasons they will pursue this privatisation, if the general floatation does not work out as expected they will have lined up asset holding companies to take over, they will asset strip it and sell off the profitable part, load the remaining part with debt from another company and sink it.

Thats how they make their profit. What the public and the post workers want is irrelevant.
Six of Nine loves Seven of Nine, together in Electric Dreams.