Their debt is not bad at all. Not good but nothing that can't be cleared - and part of it is a mirage because they added 500 million of debt by wiping off 500 million of good will which is an asset. Once the dispute is over and some old customers return that 'good will' can be upgraded and 500 million assets added back on balance sheet thereby reducing debt by 500 million.
Creative accounting my friend !
The likelihood of that happening isn't high. Financial analyst's that cover rm all have bleak outlook's on Rm's future. Why do you think they wanna seperate RM from gps?
RM business model is dying.
You are wasting your time trying to explain this. We have RM, the CWU, the PEC and financial experts, telling us that the company is in a terrible position, but the ‘experts’ on here will always claim otherwise, despite offering no evidence to the contrary.
You are deaf to any opinion contrary to your set views.
First of all, financial analysts are commenting on IDS financials of which RM is but a part.
I have made half a dozen posts explaining that financial experts - not me - but experts - say that RM's position is not one whereby there'd currently recommend a share buy, although obviously Kretinsky disagrees as he is gobbling up shares like there's no tomorrow [ever wonder why Lou?]. Obviously anyone with spare capital to invest can choose from hundreds of other shares of better run comapanies.
But IDS' financial situation it is not 'bleak' (to use your word) as in 'without hope'. A 'bleak' cancer diagnose would signify probable death - IDS is not in that situation.
Their debt is not bad at all. Not good but nothing that can't be cleared - and part of it is a mirage because they added 500 million of debt by wiping off 500 million of good will which is an asset. Once the dispute is over and some old customers return that 'good will' can be upgraded and 500 million assets added back on balance sheet thereby reducing debt by 500 million.
Creative accounting my friend !
The likelihood of that happening isn't high. Financial analyst's that cover rm all have bleak outlook's on Rm's future. Why do you think they wanna seperate RM from gps?
RM business model is dying.
You are wasting your time trying to explain this. We have RM, the CWU, the PEC and financial experts, telling us that the company is in a terrible position, but the ‘experts’ on here will always claim otherwise, despite offering no evidence to the contrary.
You are deaf to any opinion contrary to your set views.
First of all, financial analysts are commenting on IDS financials of which RM is but a part.
I have made half a dozen posts explaining that financial experts - not me - but experts - say that RM's position is not one whereby there'd currently recommend a share buy, although obviously Kretinsky disagrees as he is gobbling up shares like there's no tomorrow [ever wonder why Lou?]. Obviously anyone with spare capital to invest can choose from hundreds of other shares of better run comapanies.
But, say some experts, IDS' financial situation it is not 'bleak' (to use your word) as in 'without hope'. A 'bleak' cancer diagnose would signify probable death - IDS is not in that situation.
You are deaf to any opinion contrary to your set views.
That isn’t true at all. I listen to people with more expertise than myself before forming an opinion, hence why I listen to experts from both sides of the dispute and independent arbitrators. If you, or anyone else, offered literally anything compelling enough, you might change my mind. It hasn’t happened so far.
Probably should add that you will be doing all of those if you vote no too.
We dont know this for sure ,why haven't they already done it,we know they need a yes vote for some aspects of the deal,witholding pay for 8 months is illegal they need that change of contract or be in breach
Because we have been in dispute for nearly a year now. Bringing in big changes such as those in the agreement during negotiations would have been, at the very least, in bad faith and might have not been possible while there was external moderation of talks. Now, we have both the CWU and RM saying that changes will be enforced either way. You would think that the lawyers of both would understand employment contract law more competently than either of us.
That and RM have already said they will be enforcing change with or without an agreement and union involvement. What do you offer to dispute this claim?
What i have learnt in my years at royal mail is the union work in conjunction with royal mail and we are led to believe everything is lawful and above board ,but sometimes it can be challenged,carers for the disabled,elderly and children are all in the equalities act 2010,i was told the other day that royal mail were ready to pay the people off who challenge this at a tribunal,as for the seasonal hours you'd find hard to challenge under a yes vote but as for pay they still have to pay you for the hours worked within 12 weeks and that is written in law so you could challenge it and get the extra hours paid now and take lower pay in the summer if that's what you wanted,i would suggest anyone who has any doubt about legality to seek independent advice from an employment solicitor and by pass the union,i've done it myself on a couple of occasions with good outcomes.At the moment we can't fight something that has not happened and no one has a crystal ball on what will happen next but be careful what you vote for not everything is black and white,with the responses from managers in our office after today's zoom meeting i wouldn't turn my back for a second they are primed and ready to take us out.
You are deaf to any opinion contrary to your set views.
That isn’t true at all. I listen to people with more expertise than myself before forming an opinion, hence why I listen to experts from both sides of the dispute and independent arbitrators. If you, or anyone else, offered literally anything compelling enough, you might change my mind. It hasn’t happened so far.
I've just told you that financial experts are saying the financials of IDS are challenging but not bleak. That would peak the interest of somebody with an open mind and they would request a link.
But because your mind is closed on this subject you didn't ask which says it all.
You are deaf to any opinion contrary to your set views.
That isn’t true at all. I listen to people with more expertise than myself before forming an opinion, hence why I listen to experts from both sides of the dispute and independent arbitrators. If you, or anyone else, offered literally anything compelling enough, you might change my mind. It hasn’t happened so far.
Sorry lou but nobodys trying to change your mind because nobody cares about your opinion.
You are deaf to any opinion contrary to your set views.
That isn’t true at all. I listen to people with more expertise than myself before forming an opinion, hence why I listen to experts from both sides of the dispute and independent arbitrators. If you, or anyone else, offered literally anything compelling enough, you might change my mind. It hasn’t happened so far.
Sorry lou but nobodys trying to change your mind because nobody cares about your opinion.
I do. Everybody's opinion is important to them and we should respect that, wether we agree or not.
VOTE YES! Respect it you f***ers.
You are deaf to any opinion contrary to your set views.
That isn’t true at all. I listen to people with more expertise than myself before forming an opinion, hence why I listen to experts from both sides of the dispute and independent arbitrators. If you, or anyone else, offered literally anything compelling enough, you might change my mind. It hasn’t happened so far.
I've just told you that financial experts are saying the financials of IDS are challenging but not bleak. That would peak the interest of somebody with an open mind and they would request a link.
But because your mind is closed on this subject you didn't ask which says it all.
Could you provide some sources for these claims then? At the very least.
