We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Royal Mail Shares
Options
Comments
-
You do know strikes don't just happen at the drop of a hat?
Members get a vote , votes are counted as to if staff are prepared to strike then a date is announced, or not if members vote not to strike.
Posties don't just get the hump and walk out.
There's a strike ballot with results in about 2 weeks; just after applications close and dealings start lol. Don't think I'll be investing here.
http://www.walesonline.co.uk/news/wales-news/royal-mail-staff-vote-strike-61064600 -
There's a strike ballot in about 2 weeks; just after applications close lol. Don't think I'll be investing here.
http://www.walesonline.co.uk/news/wales-news/royal-mail-staff-vote-strike-6106460
No, the ballot papers were delivered today, so if it turns out as a yes vote (and it's not guaranteed as many posties feel let down by the 2010 deal the union got) the earliest date for a strike is going to be late oct.0 -
That was my thoughts too.However when you have to deliver everywhere 6 days a week how do you cut staff ?
I would be much happier if it was parcels volumes falling and letters rising.
If letter volumes fall 10% it still costs the same to deliver them.
Wheras a 10% increase in parcels necessitates more vans and drivers to deliver them.
Parcels traffic isn't increasing hugely because Books/DVDs/CDs and films are changing to downloads. And there is fierce competition from other carriers that don't have RMs costs - like defined benefits pension schemes. The taxpayer has only taken over the deficit, RM is still liable for future contributions.
The only think I really like about RM is the share price - looks very cheap based on current profits. On the face of it Stagging them looks the best bet, except that everyone else seems to have the same idea :undecided“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Glen_Clark wrote: »That was my thoughts too.
I would be much happier if it was parcels volumes falling and letters rising.
If letter volumes fall 10% it still costs the same to deliver them.
Wheras a 10% increase in parcels necessitates more vans and drivers to deliver them.
Parcels traffic isn't increasing hugely because Books/DVDs/CDs and films are changing to downloads. And there is fierce competition from other carriers that don't have RMs costs - like defined benefits pension schemes. The taxpayer has only taken over the deficit, RM is still liable for future contributions.
The only think I really like about RM is the share price - looks very cheap based on current profits. On the face of it Stagging them looks the best bet, except that everyone else seems to have the same idea :undecided
Not quite,
Over the past 3 years royal mail have scrapped the bikes so you now have 2 posties sharing a van, so they are already able to deliver more parcels as they have more vans.
As a postie i think people will take the dividend which the government has guraranteed for the 1st year then sell them as the dividend dries up in years 2/30 -
I haven't done the sums but even in that situation would question whether the advantage gained for a single dividend payment would be enough to justify it determining the optimum time for sale. Something to be taken into account of course, but I think we need to be cautious about acting solely on the basis of tax advantage, whether buying or selling.gadgetmind wrote: »I sometimes do it to reduce my wife's capital gains and instead take dividend income but that's because she usually pays CGT but isn't a HR tax payer.0 -
Royal mail can only machine sort letters possibly a4 sized items in the future after that the only savings are made by slashing staff numbers.
One of the advantages of privatisation is that you can invest for the long term and so can get the costs benefits of (for example) more automation.
However, unions don't like streamlined organisations and will kick and struggle every step of the way.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Rollinghome wrote: »I think we need to be cautious about acting solely on the basis of tax advantage, whether buying or selling.
I'd only typically do it if wanting to sell anyway but will admit to rarely bothering to look at XD dates when trading.
Some reckon such "dividend washing" can work when done right but I agree with you that it's marginal at best.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I've decided against because they have such a strong trade union and will probably start striking at every tiff and turn.
They will be shareholders too.
And if they do strike its only a backlog of mail - not like the lights going out, a run on petrol stations, or passengers stranded.
A strike could soon backfire on them when they lose public support (very important when you meet the public every day) - especially since the popular press will likely point out their employment conditions are already far better than RM competitors.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
gadgetmind wrote: »One of the advantages of privatisation is that you can invest for the long term and so can get the costs benefits of (for example) more automation.
However, unions don't like streamlined organisations and will kick and struggle every step of the way.
My point was all letters are already machine sorted, once into the right delivery and then again into the correct order the delivery is done, postie just transfers the letters from a tray into his frame.
A4 stuff i'm guessing could be done same way, however i don't see how you could do parcels, they are not a uniform size plus how do you move them from sorting machine to posties frame all in delivery order?0 -
A4 stuff i'm guessing could be done same way, however i don't see how you could do parcels, they are not a uniform size
Automation is changing. I regularly get to see automated systems for manufacturing and materials handling that are still in development, and they're breathtaking. There really is serious talk of developed countries taking back the lead in manufacturing, which is something I'd have openly scoffed at just a few years ago.
I don't think "the final mile" is going away any time soon but everything else is up for grabs.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards