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so we are now sold.

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daveyeff
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so we are now sold.

Post by daveyeff »

just been announced by robert peston on bbc news. ''this business, this service, HAS now been privatised. the deal in effect is done. there is a twin track process for selling this business, some shares are are being sold to invested institutions, and some to retail investors, individuals. the government has already sold the minimum it wanted to sell, in fact more, to get this business privatised. so as of this second it has now got commitments to buy more than 41% of the company. so as of this moment in effect this company IS NOW in private hands. most of the shares are no longer in effect with the taxpayer. its a very significant moment.
daveyeff
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Re: so we are now sold.

Post by daveyeff »

is it, you have to wonder, an act of desperation by the government/royal mail, to lower morale of the workers into voting no, as it would seem pointless. i defo think so. smacks of it.
vmaxv4
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Re: so we are now sold.

Post by vmaxv4 »

daveyeff wrote: So as of this moment in effect this company IS NOW in private hands. most of the shares are no longer in effect with the taxpayer. its a very significant moment.
It is a very significant & SAD day for all of us :evil/mad
borders
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Joined: 11 Sep 2007, 09:10

Re: so we are now sold.

Post by borders »

in my eyes its a sad day ....... , but to others - its good , they don't care , I am about to fill my boots with more shares, private is always bound to provide a better service, I am management so I am sure I will be looked after , huraah for the Tories , I am working class but I know my place etc , etc , ........... just tick off the one that best describes your good self....... :sad:
"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.
DirtyHarry
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Re: so we are now sold.

Post by DirtyHarry »

What's the betting, that more public money will be showered on the postal service, now it's very nearly part-privatised, than when the public actually owned it all ?

Can see the British public being right royally screwed on this one, just as they have been on all the others.

Never before, have so many privately-owned companies, been given so much of the taxpayers hard earned money. And that has gone far beyond being just plain wrong.

The fact that the energy companies, the multitude of rail companies too, get so much taxpayers money, seems corrupt to me.
Bernardson
Posts: 320
Joined: 11 Dec 2007, 23:22

Re: so we are now sold.

Post by Bernardson »

DirtyHarry wrote:What's the betting, that more public money will be showered on the postal service, now it's very nearly part-privatised, than when the public actually owned it all ?

Can see the British public being right royally screwed on this one, just as they have been on all the others.

Never before, have so many privately-owned companies, been given so much of the taxpayers hard earned money. And that has gone far beyond being just plain wrong.

The fact that the energy companies, the multitude of rail companies too, get so much taxpayers money, seems corrupt to me.

I always thought that capitalism was about innovation and creating new markets. This ConDem capitalism is all about handing over the state assets to the private sector i.e. their mates. Labour gets embarrassed if it shows support to its core supporters, the tories have no compunction.
TrueBlueTerrier
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Re: so we are now sold.

Post by TrueBlueTerrier »

daveyeff wrote:just been announced by robert peston on bbc news. ''this business, this service, HAS now been privatised. the deal in effect is done. there is a twin track process for selling this business, some shares are are being sold to invested institutions, and some to retail investors, individuals. the government has already sold the minimum it wanted to sell, in fact more, to get this business privatised. so as of this second it has now got commitments to buy more than 41% of the company. so as of this moment in effect this company IS NOW in private hands. most of the shares are no longer in effect with the taxpayer. its a very significant moment.
But we haven't been privatised yet, not a single share has been sold.

All that has happened is they have released the share prospectus for interested parties, and they did that on the same day as the CWU officially launched the ballot, it was a purely political move and completely cynical. They are trying to get posties to think its a done deal and give up.

They are crapping themselves and we need a YES vote, and if its a big one then the price of the shares is going to plummet and the Government will be pissed off.

Vote Yes

To stop minimum wage.
To protect your T&Cs for more than 3 years.
To protect your pension
To put the bullying and harassing managers on notice
To get the workload situation sorted in Deliveries
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k979aaa
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Re: so we are now sold.

Post by k979aaa »

SOLD OUT!
Still we have a vote I will be voting YES
And in 2015 voting LABOUR and getting rid of this scumbag coalition I hope both parties get exterminated.
TrueBlueTerrier
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Re: so we are now sold.

Post by TrueBlueTerrier »

k979aaa wrote:SOLD OUT!
Nope - just that the governments share allocation has been fully subscribed - which means that there is an interest shown for every share they MIGHT sell. Not a single share has been sold yet - the game is still on, there is everything to fight for still. If we create enough problems defending our pay claims and protecting our T&Cs by voting YES, then a lot of the interest may dry up.

Its like when you are selling your house, some people have had a look round your living room and have taken away the brochure - it doesn't mean they are going to move in next week and change the wallpaper. You can still let the kids draw on it.
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UnhappyGremlin
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Re: so we are now sold.

Post by UnhappyGremlin »

TrueBlueTerrier wrote:
k979aaa wrote:SOLD OUT!
Nope - just that the governments share allocation has been fully subscribed - which means that there is an interest shown for every share they MIGHT sell. Not a single share has been sold yet - the game is still on, there is everything to fight for still. If we create enough problems defending our pay claims and protecting our T&Cs by voting YES, then a lot of the interest may dry up.

Its like when you are selling your house, some people have had a look round your living room and have taken away the brochure - it doesn't mean they are going to move in next week and change the wallpaper. You can still let the kids draw on it.
:chuckle :chuckle :chuckle
Made me chuckle.

We haven't been sold yet.
But, even if we had, the dispute is about pay, T&C's and pensions. Vote..............................YES
Sometimes, I wish I wasn't a Rep.
k979aaa
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Re: so we are now sold.

Post by k979aaa »

Sold or not I will fight for my terms and conditions my pension a fair workload and a pay rise consistent with a business with a 5% profit this year.
Pete22
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Re: so we are now sold.

Post by Pete22 »

TrueBlueTerrier wrote:
k979aaa wrote:SOLD OUT!
Nope - just that the governments share allocation has been fully subscribed - which means that there is an interest shown for every share they MIGHT sell. Not a single share has been sold yet - the game is still on, there is everything to fight for still. If we create enough problems defending our pay claims and protecting our T&Cs by voting YES, then a lot of the interest may dry up.

Its like when you are selling your house, some people have had a look round your living room and have taken away the brochure - it doesn't mean they are going to move in next week and change the wallpaper. You can still let the kids draw on it.

Well put lets bring the price down and make the sh*ts suffer.
borders
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Joined: 11 Sep 2007, 09:10

Re: so we are now sold.

Post by borders »

some of the richest traders in the world , usually bought the shares at its lowest price ?? buy low , sell high !!
"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.
egor110
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Re: so we are now sold.

Post by egor110 »

k979aaa wrote:SOLD OUT!
Still we have a vote I will be voting YES
And in 2015 voting LABOUR and getting rid of this scumbag coalition I hope both parties get exterminated.

Why vote labour? they tried to sell us off last time they were in so there no better.
k979aaa
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Re: so we are now sold.

Post by k979aaa »

egor110 wrote:
k979aaa wrote:SOLD OUT!
Still we have a vote I will be voting YES
And in 2015 voting LABOUR and getting rid of this scumbag coalition I hope both parties get exterminated.

Why vote labour? they tried to sell us off last time they were in so there no better.
New Labour was like the conservative party but having listened to Ed Miliband earlier this week I think he gets it and is more a socialist than any leader of the labour party since Neil Kinnock. Also LABOUR is the only real alternative against the TWO parties whom I detest for it is they and their capitalist ideology which has left OUR ROYAL MAIL in it's perilous state today.