I have a feeling the GDPR regulations had more of an effect on marketing mail than RM expected. Maybe if we can drop out of the EU completely in March, as the EU never had any intention of signing an agreement, we can ditch all their **** regulations and the DSA system. We could then lower prices and attract more business.Sir Henry wrote:Wasn't it due to RM spunkinng all the profits up the wall on a fleet of Noddy cars and golf trolleys?
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Celgar
- Posts: 2795
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The views I express here are mine alone and do not represent the views of Royal Mail Group.
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frankieboy
- Posts: 303
- Joined: 12 May 2008, 18:34
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I totally agree, CWU solicitors should be looking into this, it is totally transparent why RM have brought out this statement now, absolutely disgusting. Royal Mail should be ashamed how it is treating its work force.hans solo wrote:rm should be done with manipulating the share price
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arnold cheshire
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I suppose it will depend on how much share dividends are . Also Joe public has shares in the business not just postie's
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arnold cheshire
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I suppose it will depend on how much share dividends are . Also Joe public has shares in the business not just postie's
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rambo1
- EX ROYAL MAIL
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Wouldn't be so sure on that. A record Christmas isn't gonna turn around that loss in profit they're forecasting. It's a 25% drop yr on yr plus £130m they thought they were gonna save that they admit they can't. This is BIG. Couple this with general market malaise regards brexit and I reckon it's gonna be a long while before we see £4.50 again. The dividend as we stand must be under threat too as its only covered 1x by earnings l believe and a 6.5% yield for FTSE 100 is rather high which means unsustainable, either the div has to drop or the sp has to rise and ATM I see no catalyst for that to happen. Us posties know, what more can we do? We're already working our buts off. There's another thing too ,come November we'll surely be kicked down a division into the FTSE 250. Not looking too rosy if you ask me. I've always said that there would come an infliction point where the amount of packets ( which we know takes much more man hrs to process and deliver) would go above a level that we could profitably cope. It's clear that GLS is propping royal mail up. How long before we try and offload the letters part to some (mug) who would want it, and just have an extended parcel force if you like. If they would do away with the USO we could stand a chance with letters being delivered every other day and parcels every day but that would mean job losses. Personally I would take VR but not everyone is in that position, and it would never get past union without strike and further damage to the company. That's my stance anyway . Up the creak with maybe half a paddle, and clinging onto it too.Bernardson wrote:The recent brochure sent out by RM about the sale of shares warns about the consequence of selling so many shares could be detrimental to the company bringing down the share price sending jitters through the stock exchange. Yet it was they RM whom yesterday released the statement which wiped the value from the share price. If I had chosen to sell at this time putting my shares in the trust of Equiniti, the brokers and Royal Mail? I would be extremely angry.
Hardly anyone I work with expresses surprise at this turn of events and most had forecast that the share price would fall once the five year anniversary had been reached.
Shares rise and fall on snippets of news and reports from companies. No doubt that when RM reports another record Xmas in a few months time the share price will have recovered back to where it was on Monday.
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needadvice
- MDEC
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Once the share price goes back up at a price where people are likley to sell....do people really think they will be given a fair chance to sell them? As soon as the price rises to a good price, its the fat cats who will no doubt have priority...and then RM will decide to put on hold all sales as there will be too many to sell...until the price goes down. We have no chance of being given a fair chance to sell these shares at a decent price and we never will
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rambo1
- EX ROYAL MAIL
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Not true. The batch we have had for 5 yrs, come the 15th ,are ours to do what we want when we want. Nothing to do with royal mail. Just between you and equinity, your broker in this case. Just log on and get live quotes whenever you want Mon to Friday 8am to 4.30pm. In periods of high volume or volatility you may get a quote knocked back, but persevere. Important thing is YOU are in control of the price you sell at. Leave it a while though, they're promising continued dividends ,id wait for a recovery first even if it takes a few yrs . Hope that helps.needadvice wrote:Once the share price goes back up at a price where people are likley to sell....do people really think they will be given a fair chance to sell them? As soon as the price rises to a good price, its the fat cats who will no doubt have priority...and then RM will decide to put on hold all sales as there will be too many to sell...until the price goes down. We have no chance of being given a fair chance to sell these shares at a decent price and we never will
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dancingqueen
- Posts: 128
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Royal Mail have never promised "continued dividends" at all.
I expect another profit warning and a dividend cut.
Shares could easily go sub 100p
I expect another profit warning and a dividend cut.
Shares could easily go sub 100p
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elteleltel
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Sub a pound , that's very pessimistic. We are still forecast for almost 10 million a with profit.Every high st retailer that fails is a boost for RM
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dancingqueen
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elteleltel wrote:Sub a pound , that's very pessimistic. We are still forecast for almost 10 million a with profit.Every high st retailer that fails is a boost for RM
Haven't a clue what your figures mean.
Royal Mail is now ex growth. Letters market in terminal decline. Parcels on the up but with serious pricing pressure.
if dividend is cut which is a real possibility then shares will crash even more.
Don't forget Marxist Corbyn could also re-nationalise for a pittance.
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elteleltel
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My figures ...Share price under 100 pence and forecasting 500 million profit still so around 10 million a week
Obviously no one knows what will happen but the shares have been in demand lately , until the profits warning !
Obviously no one knows what will happen but the shares have been in demand lately , until the profits warning !
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dancingqueen
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Current forecast is £500 million ish anuual profit. A further decline in forecasts could easily come. Profit warnings normally come in 3's.
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wacko74
- EX ROYAL MAIL
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I think there are 3 reasons behind this announcement and the timing of it....
1. Our new CEO pushing the bad figures on to the period up to Sept 18, therefore on Moya's watch.
He can now demonstrate how he's ''transforming things and turning the companies fortunes around''.
2. The start of a campaign to get the USO revised/reduced.
3. To shaft the poor posties who have committed to selling in the pre-election period.
1. Our new CEO pushing the bad figures on to the period up to Sept 18, therefore on Moya's watch.
He can now demonstrate how he's ''transforming things and turning the companies fortunes around''.
2. The start of a campaign to get the USO revised/reduced.
3. To shaft the poor posties who have committed to selling in the pre-election period.
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manchesterpunk
- Posts: 57
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There was lots of data pointing towards loss of mail due to GDPR ... it was either Norway or Denmark were reporting losses of up to 12% of letters due to GDPR which they implemented well before it came into effect here ... it was no surprise... RM should have budgeted for a worse case scenario regarding GDPR.
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Coinbags
- Posts: 34
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Utter Tripe.dancingqueen wrote:Royal Mail have never promised "continued dividends" at all.
I expect another profit warning and a dividend cut.
Shares could easily go sub 100p
This profit warning has been timed.
MM and Asset Funds are all over this share - price manipuation.
It will be up to £4 + within a few weeks.
RM are said to have a conservative estimate of £2 billion in property alone.
The property alone would account for £2 per share.
Anything below £3.75 per share is an absolute steal.
If you are locked into selling and get less than £4 per share you have mugged yourself / have been mugged off !
As I write share price £3.75 - big money men are making millions out of RM shares at the moment.
Buy £10Million worth at £3.50 per share = sell at 3.70+ - Profit 1/2 million - nice work if you can get it !