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Opting out of Shares

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
phronsias
EX ROYAL MAIL
Posts: 207
Joined: 28 Oct 2011, 17:59
Gender: Male

Opting out of Shares

Post by phronsias »

Hi
What are the reasons for opting out?
And what are the reasons for taking the shares?
Thanks
clashcityrocker
Posts: 16692
Joined: 22 Sep 2009, 13:50
Gender: Male
Location: strummerville

Re: Opting out of Shares

Post by clashcityrocker »

For:
No-one says no to free money.

Against:
It isn't free money.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
Richard007
Posts: 84
Joined: 09 Mar 2010, 20:34
Gender: Male

Re: Opting out of Shares

Post by Richard007 »

Don't opt out give it to a good charity or moya will just get more cash :crazy:
veryn
Posts: 82
Joined: 30 Jan 2011, 09:10
Gender: Male

Re: Opting out of Shares

Post by veryn »

So where is this 'free' money coming from exactly???

Im opting out

I just can't be arsed with it.

While on the subject, can someone confirm to me the address the opt out form goes to? I have an envelope here where all my clutter is,not sure if it came with the opt out form? The address is Aspect house, Lancing ?
Last edited by veryn on 17 Sep 2013, 15:02, edited 1 time in total.
Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

Re: Opting out of Shares

Post by Theghost »

Do nothing and you will get shares.

Opt out you get nothing.

What is the point in opting out? It wont change anything in your life by doing so,Just means you miss out on some cash.
IcanthelpthewayIam
Posts: 4067
Joined: 26 May 2009, 13:37
Gender: Male

Re: Opting out of Shares

Post by IcanthelpthewayIam »

The government is intent on privatization, as part of that they are giving us free shares

opt out you will get nothing

dont opt out then you get the free shares which you can sell, its a no strings attached thing, royal mail are rail roading through the privatization, the share are not linked to any agreements, they dont tie you to doing extra work in your office, they are simply free with no strings attached other than the company is being privatized which is going to happen even if 100% of members opted out of receiving them
clashcityrocker
Posts: 16692
Joined: 22 Sep 2009, 13:50
Gender: Male
Location: strummerville

Re: Opting out of Shares

Post by clashcityrocker »

zx135 wrote:The government is intent on privatization, as part of that they are giving us free shares
But why are they giving us free shares?
Do I want to be complicit in this share-owning democracy engaged worker nonsense?
Do I want to receive my dividend knowing my colleagues are worse off in order for me to attain it?

I agree that opting out will achieve nothing except maybe a clearer conscience.
I don't want to be rich, I want to be ideologically correct.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
numberone
Posts: 44
Joined: 24 Oct 2010, 19:31
Gender: Male

Re: Opting out of Shares

Post by numberone »

If you don't want them....I will have them. Just transfer them to me please...... :Very Happy
Jefferson Starfish
Posts: 905
Joined: 12 Aug 2011, 15:32
Gender: Female
Location: Greendale DO

Re: Opting out of Shares

Post by Jefferson Starfish »

clashcityrocker wrote:I don't want to be rich, I want to be ideologically correct.
Taking the shares will not make you rich, but not taking them will make you poorer.
clashcityrocker
Posts: 16692
Joined: 22 Sep 2009, 13:50
Gender: Male
Location: strummerville

Re: Opting out of Shares

Post by clashcityrocker »

Jefferson Starfish wrote:
clashcityrocker wrote:I don't want to be rich, I want to be ideologically correct.
Taking the shares will not make you rich, but not taking them will make you poorer.
How will it make me poorer?
On paper you will have approx. £2 000.
In 3 years your paper £2 000 might have grown or it might have shrunk.
I will have exactly the same amount as when I started. I won't be poorer.
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
Shambles
MAIL CENTRES/PROCESSING
Posts: 736
Joined: 25 Jul 2013, 21:30
Gender: Female
Location: Tree house

Re: Opting out of Shares

Post by Shambles »

veryn wrote:So where is this 'free' money coming from exactly???

Im opting out

I just can't be arsed with it.

While on the subject, can someone confirm to me the address the opt out form goes to? I have an envelope here where all my clutter is,not sure if it came with the opt out form? The address is Aspect house, Lancing ?

Equiniti
Aspect House
Spencer Road
Lancing
BN99 6GD

:cuppa
I have No Friends,
Or Enemies....
Only Teachers.
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: Opting out of Shares

Post by dvbuk55 »

zx135 wrote:The government is intent on privatization, as part of that they are giving us free shares
Well in reality they aren't giving you free shares! If someone gives you something then they can't take it back, if they are your shares you should be able to sell them whenever you wish, if you leave the company under a cloud you lose them. Those restrictions don't apply to real customers buying shares, there is also the fact that the profits made to enable the sell off has been produced by the work force.

I'll be accepting the shares, who knows it may be a long shot but I won't be investing my own money - in the words of the Dragons in that instance I'm Out.
Shambles
MAIL CENTRES/PROCESSING
Posts: 736
Joined: 25 Jul 2013, 21:30
Gender: Female
Location: Tree house

Re: Opting out of Shares

Post by Shambles »

dvbuk55 wrote:
zx135 wrote:The government is intent on privatization, as part of that they are giving us free shares
Well in reality they aren't giving you free shares! If someone gives you something then they can't take it back, if they are your shares you should be able to sell them whenever you wish, if you leave the company under a cloud you lose them. Those restrictions don't apply to real customers buying shares, there is also the fact that the profits made to enable the sell off has been produced by the work force.

I'll be accepting the shares, who knows it may be a long shot but I won't be investing my own money - in the words of the Dragons in that instance I'm Out.

I'm buying £750 worth to send to Moya... ;liar :left:
I have No Friends,
Or Enemies....
Only Teachers.
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: Opting out of Shares

Post by dvbuk55 »

Shambles wrote:
dvbuk55 wrote:
zx135 wrote:The government is intent on privatization, as part of that they are giving us free shares
Well in reality they aren't giving you free shares! If someone gives you something then they can't take it back, if they are your shares you should be able to sell them whenever you wish, if you leave the company under a cloud you lose them. Those restrictions don't apply to real customers buying shares, there is also the fact that the profits made to enable the sell off has been produced by the work force.

I'll be accepting the shares, who knows it may be a long shot but I won't be investing my own money - in the words of the Dragons in that instance I'm Out.

I'm buying £750 worth to send to Moya... ;liar :left:
Moya, my precious, pay no attention, Shambles is only joking - if you need money come to me ...........I'm sure we could reach an accommodation that would satisfy us both :angel
Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

Re: Opting out of Shares

Post by Theghost »

Opting out is as good as throwing money down the drain,Give your head a wobble and understand how daft you are being.
Refusing them is quite simply stupid,Then again it means more shares for everyone else,So Yeah,Refuse away please :nana