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Profits down, shares down, are we doomed?

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.
postmanzach
Posts: 515
Joined: 18 Jul 2011, 15:01
Gender: Male

Profits down, shares down, are we doomed?

Post by postmanzach »

wacko74 wrote:
mattycash wrote:As a postie I can't really see how this would bother you? It's not your problem, just come in do your job & go home, end of. You'll live a lot longer & sleep a lot better, switch off mate.
Not sure where anyone has said they're ''bothered'' by it?

Some people including posties have a dabble in share dealing and like to take an interest in the general machinations of the stock market , if only for a bit of fun, just like any other pass time.
Ay exactly, I feel like I’m in the minority here I actually enjoy working as a postie! I just like to keep my ear to the ground sort of thing, as I was investing in shares with Royal Mail and it doesn’t upset me or cause me to lose sleep I enjoy the job more when I know what direction the business is heading in.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Profits down, shares down, are we doomed?

Post by rambo1 »

mattycash wrote:As a postie I can't really see how this would bother you? It's not your problem, just come in do your job & go home, end of. You'll live a lot longer & sleep a lot better, switch off mate.
Because it's a reflection of the state of the company. We're a business, in business to make money. We're simply not a service anymore. If the business doesn't make money or can't change it's model to make profit with falling letters and rising packets, which as we all know,are much more labour intensive and as such, expensive to process and deliver; then we may just die a death and go out of business, and you won't have a job anymore. That's why you should take an interest and 'be bothered' . This job ain't as secure as some may think.
Vickihamill1
Posts: 18
Joined: 02 Feb 2016, 14:07
Gender: Male

Profits down, shares down, are we doomed?

Post by Vickihamill1 »

Rambo wake up man, the government won’t allow 150,000 people to go on the dole. Stop trying to scare people.
clashcityrocker
Posts: 16467
Joined: 22 Sep 2009, 13:50
Gender: Male
Location: strummerville

Profits down, shares down, are we doomed?

Post by clashcityrocker »

Vickihamill1 wrote:Rambo wake up man, the government won’t allow 150,000 people to go on the dole. Stop trying to scare people.
We have lost something like 60 000 full time jobs over the last 10 years.
At that rate of attrition it will only take another 20 years to do away completely with a full time workforce.
Anyone who is in their 30s with young children and a mortgage wouldn't be wise to view this job as a vehicle for providing for that family.
I don't think anyone is trying to scare people.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.