Royal mail profit

[Rommagic]

https://uk.finance.yahoo.com/news/royal ... 50969.html

[Jefferson Starfish]

Income of £8.4 billion and only made £5 million profit.

[Rommagic]

When Dm26 hits all 1200 offices see the rise of profit,martin thinks 800 by august.

[scotchy1962]

Thought they were losing money, £1million a day, so the business is sustainable as it is now, it just comes down to greed and £5million isn't enough.
Feckin boo hoo.

[Rommagic]

He spending £240m on west ham this month.

[TopperGas]

He spending £240m on west ham this month.

How's that relevant to RM it's not like RM are the only only company he owns or he's only obliged to spend his money on RM?

Although I doubt he's spending anything like £240m as most of that will just be loans from financial institutions.

[BenacreNick]

Rommagic, we are in line for 10% of £5m profit right ?

As we hold the Golden Share.

[Jefferson Starfish]

Rommagic, we are in line for 10% of £5m profit right ?

As we hold the Golden Share.

That's about £4 each before tax and NI.

[qwerty2]

https://www.theguardian.com/business/20 ... al-service
https://www.msn.com/en-gb/money/other/r ... r-AA26kkUK

[Mr Rush]

Although I doubt he's spending anything like £240m as most of that will just be loans from financial institutions.

Of course he's not spending his own money. No-one at his level ever really has to even have anything in a bank account. Serious point: play the Trump board game. I found it very revealing - the banks just hand out money. Not to you or me, but to the rich and powerful. It doesn't matter if you're financially incompetent, just well connected.