Privatisation was supposedly to lead to greater funding but it hasn't. All that's happened is that share holders have pocketed all profits that have been made.
But there is a way for RM to raise funds and they haven't used it yet and I can't understand why? They can issue more shares to raise funds! Ok so the share price will drop but current share holders can hardly complain when they have already milked this cash cow for years!
So in basic terms they can issue more shares to cover the cost of a decent pay rise and be half way to settling this dispute for the good of everyone! Why have the CWU not pushed this idea? Or have they and got nowhere with it?
They would need a solid business plan to get people to buy the extra shares, including measures to transform the business so that it generates profits and an attractive dividend.
But this is what they say they are trying to do with their proposals that have led to the dispute.
Other people have said on here - and which sounds perfectly logical - that issuing new shares would dilute the ownership share of existing stockholders.
It's so f@#$ing easy,,,I don't know why no ones mentioned it,,specially the union.
All that shitty DSA that we deliver on 'the final mile' for peanuts,,we basically make a loss on. I guess it's just been to cosy,, or too stupid to raise the price,,I mean who else is gonna deliver it. Just a smallish increase could easily pay for a inflation busting pay rise
It's so f@#$ing easy,,,I don't know why no ones mentioned it,,specially the union.
All that shitty DSA that we deliver on 'the final mile' for peanuts,,we basically make a loss on. I guess it's just been to cosy,, or too stupid to raise the price,,I mean who else is gonna deliver it. Just a smallish increase could easily pay for a inflation busting pay rise
I think the maximum we can charge for DSA is set by OFCOM.
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
Privatisation was supposedly to lead to greater funding but it hasn't. All that's happened is that share holders have pocketed all profits that have been made.
But there is a way for RM to raise funds and they haven't used it yet and I can't understand why? They can issue more shares to raise funds! Ok so the share price will drop but current share holders can hardly complain when they have already milked this cash cow for years!
So in basic terms they can issue more shares to cover the cost of a decent pay rise and be half way to settling this dispute for the good of everyone! Why have the CWU not pushed this idea? Or have they and got nowhere with it?
A rights issue here now would not be ideal for the share holder. I'm sure a big dilution would go down really well with all the posties who have been putting money away every month buying shares. A rights issue to raise money for a wage increase would not be well subscribed as that wage bill would have to be found year after year and besides, to give everyone a baked in £1000/yr pay rise would cost 600-700million. Every yr, on top of any further rises. Don't think many institutions would go for that. Think in the companies currently state of finances they're really going to struggle to rais that sort of cash.
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
Your humour is your most appealing feature.
Thank you for your support. It’s great that a man of such upstanding integrity should even acknowledge my presence - please keep posting your Informative content - your musings are a godsend to us all,Filthy Len
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
Your humour is your most appealing feature.
Thank you for your support. It’s great that a man of such upstanding integrity should even acknowledge my presence - please keep posting your Informative content - your musings are a godsend to us all,Filthy Len
Clearly you are having some kind of breakdown where you feel the need to comment like a child.
I’m not going to bite. I’m going to pray for you. Solidarity, brother.
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
Your humour is your most appealing feature.
Thank you for your support. It’s great that a man of such upstanding integrity should even acknowledge my presence - please keep posting your Informative content - your musings are a godsend to us all,Filthy Len
Clearly you are having some kind of breakdown where you feel the need to comment like a child.
I’m not going to bite. I’m going to pray for you. Solidarity, brother.
Whatever you say,Filthy Len - I’m with you all the way - love your content - I’m on your side
