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colleague shares??

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.
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delighted
Posts: 36
Joined: 19 Mar 2010, 16:36
Gender: Male
Location: sunny lancaster

colleague shares??

Post by delighted »

Whats the latest on the colleague shares we have been promised £537 pro rata ? ive heard a rumour we aint gonna get a bean?? :crazy:
Last edited by POSTMAN on 03 Apr 2011, 15:15, edited 2 times in total.
Reason: Title
pinstripe
Posts: 2464
Joined: 25 May 2007, 16:42
Gender: Male
Location: 2 left turns from reality

Re: colleague shares??

Post by pinstripe »

I haven't heard any rumours except on here, but I don't expect anything.
Quick question regarding them though (instead of starting yet another thread), If you were full time when they were issued to you and you are now part time, or vice-versa (ha, bloody ha), does the amount of 'shares' you have change? :hmmmm
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: colleague shares??

Post by fishtank »

pinstripe wrote: If you were full time when they were issued to you and you are now part time, or vice-versa (ha, bloody ha), does the amount of 'shares' you have change? :hmmmm
No...if you were issued a full-time allocation...that's what you have....and vice versa.
good times, bad times you know I've had my share
pinstripe
Posts: 2464
Joined: 25 May 2007, 16:42
Gender: Male
Location: 2 left turns from reality

Re: colleague shares??

Post by pinstripe »

Thanks Fishtank. Not for me though :sad: , always been an AG.
Still pro-rata of sweet FA is the same as the full amount.
Martin Walsh
Posts: 4258
Joined: 19 Sep 2007, 20:12
Location: neverland

Re: colleague shares??

Post by Martin Walsh »

The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.

Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
gb93
Posts: 1462
Joined: 29 Oct 2009, 16:25
Gender: Male

Re: colleague shares??

Post by gb93 »

dingo wrote:
Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
Well that doesn't sound very promising does it.
Me thinks it's already written. And the ground is being paved ?
This ain't no baseball game, you get only one chance and you blew it.
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: colleague shares??

Post by fishtank »

dingo wrote:The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.

Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
The shares are based on the value of the company dingo...not it's trading position or the effectiveness of the transformation program.
The value of the pension fund is not part of the valuation of the company....otherwise we would be throwing £23Billion into the pot.
The problem is the union has no idea what formulae Royal Mail have concocted to con the members out of their money.
The real question should be...What will the union do if Royal Mail renege on the share issue.
Roll over or fight?
good times, bad times you know I've had my share
woofwoof
Posts: 1516
Joined: 13 Apr 2007, 16:23
Gender: Male
Location: stinky land

Re: colleague shares??

Post by woofwoof »

fishtank wrote:
dingo wrote:The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.

Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
The shares are based on the value of the company dingo...not it's trading position or the effectiveness of the transformation program.
The value of the pension fund is not part of the valuation of the company....otherwise we would be throwing £23Billion into the pot.
The problem is the union has no idea what formulae Royal Mail have concocted to con the members out of their money.
The real question should be...What will the union do if Royal Mail renege on the share issue.
Roll over or fight?


Roll over
shall i say anymore
silly suffolk
MAIL CENTRES/PROCESSING
Posts: 728
Joined: 04 Mar 2011, 21:31
Gender: Male
Location: deepest suffolk

Re: colleague shares??

Post by silly suffolk »

as the colleague share payout is a major plank of bt 2010, i don,t believe the union will roll over if were stiched, but it will be decided by the membership what we do in response
pokos27
Posts: 657
Joined: 15 Apr 2010, 19:32
Gender: Male

Re: colleague shares??

Post by pokos27 »

full timers who left in the past, had their shares purchased off them.
I think the company should honor them, but there should be some communication, which is lacking about them.
BT2010
Posts: 352
Joined: 11 Feb 2011, 20:45
Gender: Male

Re: colleague shares??

Post by BT2010 »

fishtank wrote:
dingo wrote:The shares are being revalued by an independent body , the company is not in a great postion , it is losing revenue faster than it can introduce change. Add that to the pension defcit , the fact that the BTA agreement is going back to 2015/16 rather than 2013 also is hampering their ability.

Who knows wether they will be a colleague share payment or what amount will be paid. The CWU have raised this with the business and we will have to all wait to find out wether there will be a payment.
The shares are based on the value of the company dingo...not it's trading position or the effectiveness of the transformation program.
The value of the pension fund is not part of the valuation of the company....otherwise we would be throwing £23Billion into the pot.
The problem is the union has no idea what formulae Royal Mail have concocted to con the members out of their money.
The real question should be...What will the union do if Royal Mail renege on the share issue.
Roll over or fight?

FISHTANK for president!
its simply not the size of the man in the fight.
Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: colleague shares??

Post by Big Daz »

Of course we will get a payment but it might be a pittance but a payment is a payment. The shares are being bought back from us so unless they are worth ZERO pence then some money will be had.
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: colleague shares??

Post by dvbuk55 »

Big Daz wrote:Of course we will get a payment but it might be a pittance but a payment is a payment. The shares are being bought back from us so unless they are worth ZERO pence then some money will be had.
Right so really it's no different to backing a horse at 10/1 and it romps home at 3/1..................a bit of a gamble..............like why you never see a poor bookie but a punter with a sad face.
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: colleague shares??

Post by maisymoo04 »

alrite dv havnt been on for ages how our ye mate :wave
"Some day I will have the bottle to take the money"
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: colleague shares??

Post by dvbuk55 »

maisymoo04 wrote:alrite dv havnt been on for ages how our ye mate :wave

Well I'd be better if I didn't keep backing the losers maisy :wink: