As has been posted before, the bankruptcy crap has been spouted since at least 2003 with Alan Leighton, ZZzzzzz.....walthmstowman wrote: ↑18 Mar 2023, 19:24One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .norm wrote: ↑18 Mar 2023, 13:40You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.
Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
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The Future of the Business with Thompson & Williams?
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pieoftheday
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Re: The Future of the Business with Thompson & Williams?
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k979aaa
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Re: The Future of the Business with Thompson & Williams?
They gave £567 MILLION to shareholders their own bonuses for the whole Royal Mail board was based on giving dividends all £567 million of them and in return they cannot invest in YOU and by the way YOUR not worth it so says the simpilton of a CEO. The workforce is the biggest asset this whole company has without anyone realising it and it is YOU who make this business or service happen!jbo5066 wrote: ↑18 Mar 2023, 20:15If this is true what are the union and RM talking about???walthmstowman wrote: ↑18 Mar 2023, 19:24One of my workmates told me last night the management have informed the union the company is only four months away from bankruptcy . Has anybody else heard this ? Personally , I wouldn't believe anything management said anymore .norm wrote: ↑18 Mar 2023, 13:40You forget the more important influence behind the scenes that is David Kretinsky the major shareholder of RM. He must have some bearing over what Thompson and Williams are doing.
Let's not forget the government gave him the green light to buy out the company as well if he wanted. He is obviously just biding his time at this point, until either the CWU are beaten into submission/irrelevance or RM go broke and he can split off GLS and make a killing on that.
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WalkerX
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pinstripe
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Re: The Future of the Business with Thompson & Williams?
It’s weird that the share price is roughly 40p more than it was almost 6 months ago
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k979aaa
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Re: The Future of the Business with Thompson & Williams?
Share price is not indicative for the value of the business some buy shares as to acquire stock or not let the banks rob them with 0.05 interest rates and the ease of taking the money out of such!
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pinstripe
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Re: The Future of the Business with Thompson & Williams?
Yeah, I get that, but some people like to indicate that RM are deliberately tanking the share price to enable a cheaper takeoverk979aaa wrote: ↑18 Mar 2023, 22:24Share price is not indicative for the value of the business some buy shares as to acquire stock or not let the banks rob them with 0.05 interest rates and the ease of taking the money out of such!
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DirtyHarry
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Re: The Future of the Business with Thompson & Williams?
There is no future.
Not with the calibre of CEOs there is nowadays.
They are the something for nothing brigade.
The something they want is, your never ending hard graft, and the nothing is, practically what you will get.
Whoever follows Thompson and Williams will be of the same mindset.
Not with the calibre of CEOs there is nowadays.
They are the something for nothing brigade.
The something they want is, your never ending hard graft, and the nothing is, practically what you will get.
Whoever follows Thompson and Williams will be of the same mindset.
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FilthyBloke
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Re: The Future of the Business with Thompson & Williams?
The future will be driven by the main shareholders. Regardless of the puppet CEO.
The writing was on the wall when the company went down that route a decade ago.
The writing was on the wall when the company went down that route a decade ago.
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Shadedpostie
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Re: The Future of the Business with Thompson & Williams?
There is no future with the current tools ruining this place to the ground. What a complete and utter sham this company has turned out to be
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k979aaa
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Re: The Future of the Business with Thompson & Williams?
Royal Mail founded 1516 by Henry VIII deceased 2023 by Simon Thompson what a epitaph on your CV that would be!
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postieblueshirt
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k979aaa
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Re: The Future of the Business with Thompson & Williams?
In terms of ownership yes but it took all but 10 years under privatisation which was accelerated by the guy who f****d up test and trace!
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RTP
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Re: The Future of the Business with Thompson & Williams?
Just watching Under Cover Boss Australia.
The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.
What a bloke this fella is. Realises just how hard his team works and what good people they are.
He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.
He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.
One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.
Wow.
The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.
What a bloke this fella is. Realises just how hard his team works and what good people they are.
He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.
He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.
One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.
Wow.
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mjd24
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Re: The Future of the Business with Thompson & Williams?
I personally believe that if something like this was implemented within Royal Mail, SImon Thompson et al joining some of us on our walks . . . theyd be quite staggered at what a day of work is like for us. And then to imagine doing that 5 days a week, week after week . . .RTP wrote: ↑19 Mar 2023, 16:03Just watching Under Cover Boss Australia.
The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.
What a bloke this fella is. Realises just how hard his team works and what good people they are.
He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.
He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.
One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.
Wow.
But doubt they’d then be inclined to be any kinder.
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k979aaa
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Re: The Future of the Business with Thompson & Williams?
They think of us as serfs or slaves and don't think about the future but about how much the can get now in the smash and grab!mjd24 wrote: ↑19 Mar 2023, 16:17I personally believe that if something like this was implemented within Royal Mail, SImon Thompson et al joining some of us on our walks . . . theyd be quite staggered at what a day of work is like for us. And then to imagine doing that 5 days a week, week after week . . .RTP wrote: ↑19 Mar 2023, 16:03Just watching Under Cover Boss Australia.
The CEO of Great Southern Rail goes undercover, serving customers, cleaning toilets etc.
What a bloke this fella is. Realises just how hard his team works and what good people they are.
He then calls a board meeting and informs them that he thinks it would be a good idea to send them all out working for a day or so with the team who serve the customers on a daily basis to see with their own eyes what it's like and how hard they work.
He then also rewards people he has worked with undercover and takes some of their ideas onboard in order to make the workplace better and safer.
One guy from Vietnam hasn't seen his mother for 5yrs, so the CEO offers to pay for his family to go back to Vietnam to visit his mother.
Wow.
But doubt they’d then be inclined to be any kinder.