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so we are now sold.

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.
mickeymacca
Posts: 501
Joined: 21 Jun 2012, 18:03
Gender: Male

Re: so we are now sold.

Post by mickeymacca »

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.

The guaranteed dividend makes an investment an attractive proposition sadly - vote Yes absolutely but I fear the horse has bolted the stable...
'Libraries gave us power'
egor110
Posts: 75
Joined: 11 Nov 2012, 23:38
Gender: Male

Re: so we are now sold.

Post by egor110 »

k979aaa wrote:
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.
He said a lot about what he was going to give, he failed to say how it was going to paid for.

Be interesting to see what edf do with the nuclear power station they started to build in somerset, now miliband has said if he gets in he'll cap energy costs.
DirtyHarry
Posts: 5051
Joined: 13 May 2007, 23:16
Gender: Male
Location: London

Re: so we are now sold.

Post by DirtyHarry »

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.
Exactly. They opened the door, and when they lost their nerve, they dropped the idea but left the door wide open for the 'sell Britain to the highest bidder' Tory toffs, to just step in and finish off the already half finished job.
She Raa
Posts: 162
Joined: 30 Jul 2013, 19:39
Gender: Female

Re: so we are now sold.

Post by She Raa »

If it is not sold yet, when will it be? What date, how long have we got?
PMC Network Driver
MAIL CENTRES/PROCESSING
Posts: 11
Joined: 04 Jul 2011, 23:46
Gender: Male

Re: so we are now sold.

Post by PMC Network Driver »

Not yet but we are going into the private sector no matter what I will strike if the CWU wants me to but its not going to stop this pointless sell ,off the only way to beat these conservative scumbags is to take up your preferential share options to keep as much of our company in our own hands
barbario
MAIL CENTRES/PROCESSING
Posts: 411
Joined: 31 Jul 2007, 11:28

Re: so we are now sold.

Post by barbario »

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.
And that's why i will never vote Labour again as long as i live.
BingBong
EX ROYAL MAIL
Posts: 755
Joined: 12 May 2011, 12:36
Gender: Female
Location: the north

Re: so we are now sold.

Post by BingBong »

TrueBlueTerrier wrote:
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
Yes! Everyone Vote YES! Has to be done! It's propaganda all the way!
Toon Army!
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: so we are now sold.

Post by daveyeff »

we havent been sold,,,,we have been sold??? well bbc business editor robert peston came on and said they've SOLD the amount needed already to put this company into private hands, more in fact. is he lying.??? the quote him, ''the royal mail is no longer in taxpayers hands'' are we sold or not ??
tincatinca
Posts: 19
Joined: 05 Jan 2009, 14:26
Gender: Male

Re: so we are now sold.

Post by tincatinca »

daveyeff wrote:we havent been sold,,,,we have been sold??? well bbc business editor robert peston came on and said they've SOLD the amount needed already to put this company into private hands, more in fact. is he lying.??? the quote him, ''the royal mail is no longer in taxpayers hands'' are we sold or not ??

Technically no. but practically yes.

The offer for sale started last friday and was oversubscribed within hours, ie investors were after more shares than are available.
Technically we will be sold in just over a week on Tuesday the 8th of October when the Gov accepts the money and allocates the shares. job done! :wave :wave :wave
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: so we are now sold.

Post by cloherty1976 »

A long shot and will please a lot of you but it could be possible that if the Americans don't do a deal tonight market will tumble and that could lead to the postponement of privatisation. The price of Royal Mail shares could drop if the ftse takes a tumble.