no colleague share value, but making profit

[pants123]

thanks Dingo, im always grateful for your comments and advice, i don't give you any abuse, i prefer the truth whether i like it or not.. i hate lies...

many thanks..

[hampshireman]

im no expert here, but it was only a few months ago, that Moya Greene and her henchmen said there was no value to colleague shares as the business was not making money...

there was also going to be an independent valuation to be carried out to determine colleague share value.. what has happened to that..

NOW ALL OF A SUDDEN ROYAL MAIL HAVE MADE BIG PROFITS, INTERIM PROFIT OF £144 MILLION..

WHAT THE HELL IS GOING ON HERE...

But if you look at turnover to profit. In the grand scheme of things it relates to the square root of Eff all

[fishtank]

But if you look at turnover to profit. In the grand scheme of things it relates to the square root of Eff all

RM is always going to have a low profit to revenue ratio.
The only way around that is to make savings on your highest cost item(60-70%)....us.

[mr ford]

they werent real shares they were phantom

[hampshireman]

just
But if you look at turnover to profit. In the grand scheme of things it relates to the square root of Eff all

RM is always going to have a low profit to revenue ratio.
The only way around that is to make savings on your highest cost item(60-70%)....us.

Agree with that. Was just trying to make the point on profitability.

And you are completely right ; we are the target as the biggest cost. Hence park and loop?

[brookstar]

i still have my share certificate, phantom or not, so now royal mail are now in profit am i entitled to a share of it , the certificate must be legally binding

[fishtank]

i still have my share certificate, phantom or not, so now royal mail are now in profit am i entitled to a share of it , the certificate must be legally binding

I think at the bottom in small print it simply says....mug.

[brookstar]

thanks fishtank i've known that for past 25 years and if you look closely on your wage slip at side of net pay it says, lol

[mr ford]

i still have my share certificate, phantom or not, so now royal mail are now in profit am i entitled to a share of it , the certificate must be legally binding

yes it is take in to barclays

[fishtank]

Royal Mail could hardly pay out colleague share money at the same time they had the begging bowl out to the European Commission.

No but they could pay out £24,986,626 in performance-related bonuses to managers at the same time they had the begging bowl out to the European Commission.

The reality is that colleague share was always a con and the revaluation of the company by Royal Mail was also a con.

How is that independent valuation,commissioned and paid for by members of the CWU going anyway.
Seems to be taking an age.....

[dvbuk55]

Royal Mail could hardly pay out colleague share money at the same time they had the begging bowl out to the European Commission.

No but they could pay out £24,986,626 in performance-related bonuses to managers at the same time they had the begging bowl out to the European Commission.

The reality is that colleague share was always a con and the revaluation of the company by Royal Mail was also a con.

How is that independent valuation,commissioned and paid for by members of the CWU going anyway.
Seems to be taking an age.....

Ahem .................yep it's on the shelf right next to the folder that says "Pension Fund Voting Papers"

[pokos27]

Any mistake at royal mail will be judged at a far higher level, even more so if you have a full time contract, management are after heads, so they get a cut.