Royal Mail expected to announce profits of 'up to £400m'

jaxx · Post by **jaxx** » 20 May 2013, 19:35

The profits will be at least £400 million, because if they are not, then the managers don`t get their bonus - and we all know that`s never gonna happen.

Martin Walsh · Post by **Martin Walsh** » 20 May 2013, 20:07

The profits will be high for two main reasons the highest prices rises for 30 years , the biggest ever sale off of a Royal Mail premises ever £130 million for Rathbone Place. Is it any wonder that profits would be high ? It's a con and in the year of privatisation it is a swindle to make a sell off look good.

UnhappyGremlin · Post by **UnhappyGremlin** » 20 May 2013, 20:39

What a load of s**t.
Moya turned RM round in 5 minutes? Don't think so.
We were only in trouble because they put us there on purpose.

They can shove the shares, especially if they want us to pay for them. They can't realistically expect us to voluntarily buy shares, and in doing so basically agree to savage cuts and worse T&C's as a reward.

Post by **dvbuk55** » 20 May 2013, 20:56

dingo wrote:The profits will be high for two main reasons the highest prices rises for 30 years , the biggest ever sale off of a Royal Mail premises ever £130 million for Rathbone Place. Is it any wonder that profits would be high ? It's a con and in the year of privatisation it is a swindle to make a sell off look good.

Wasn't there supposed to be an audit of RMs books by the CWU - did that not happen or have they managed to cook the books without being detected. If it is a con surely that would be duplicitous behaviour, hardly the stuff of an open and honest partnership

JP1 · Post by **JP1** » 20 May 2013, 22:30

dingo wrote:The profits will be high for two main reasons the highest prices rises for 30 years , the biggest ever sale off of a Royal Mail premises ever £130 million for Rathbone Place. Is it any wonder that profits would be high ? It's a con and in the year of privatisation it is a swindle to make a sell off look good.

Any sale of Rathbone Place isn't included in this years figures. People have been going on about this for ages. Rathbone Place was sold in 2011 to Great Portland Estates (Im a shareholder of this business).

They've still got a massive empty building on New Oxford Street. That'll be worth a pretty penny.

jaxx · Post by **jaxx** » 20 May 2013, 23:13

JP1 wrote:
dingo wrote:The profits will be high for two main reasons the highest prices rises for 30 years , the biggest ever sale off of a Royal Mail premises ever £130 million for Rathbone Place. Is it any wonder that profits would be high ? It's a con and in the year of privatisation it is a swindle to make a sell off look good.
Any sale of Rathbone Place isn't included in this years figures. People have been going on about this for ages. Rathbone Place was sold in 2011 to Great Portland Estates (Im a shareholder of this business).

They've still got a massive empty building on New Oxford Street. That'll be worth a pretty penny.

Correct. The sale of any Royal Mail buildings are not included in any yearly profit figures and yet they will still be announcing a £400 million plus profit tomorrow.

wabbithunta · Post by **wabbithunta** » 21 May 2013, 06:06

I bet they still won't pay out on the outstanding bonuses and pay-rises we are owed either. Anything to maximise their "profits" to make themselves look good for the sell-off when it comes

doorstepped · Post by **doorstepped** » 21 May 2013, 12:32

So for the Managers / Moya etc to get their bonus the yearly profits had to hit £400m and it came in at £403m

well congratulations to the DIM's who will all now collect their bonuses while we the footsoldiers will just slog it out on the street without a deal for a payrise again ( unlike the managers who have already secured theirs 2.6% +£200 )

TOSSERS

iceman1277 · Post by **iceman1277** » 21 May 2013, 13:10

its just a joke 0% pay rise for us this year.

crammypostie1 · Post by **crammypostie1** » 21 May 2013, 14:17

i think your manager deserved there bonus just to hear your outcry lol.... why the hate? Show a bit of love

comeracing · Post by **comeracing** » 21 May 2013, 14:18

profits soar to over 400 million from 152 million,its a miracle thank you moya,can i have my phantom shares back now,with a few more zeros at the end,can i retire a little earlier now ?

crammypostie1 · Post by **crammypostie1** » 21 May 2013, 14:23

doorstepped wrote:So for the Managers / Moya etc to get their bonus the yearly profits had to hit £400m and it came in at £403m

well congratulations to the DIM's who will all now collect their bonuses while we the footsoldiers will just slog it out on the street without a deal for a payrise again ( unlike the managers who have already secured theirs 2.6% +£200 )

TOSSERS

Why is it that every1 has to slag off managers and moya etc. a JOB IS A JOB INNIT. Look guys we are well paid for what we do, 10 quid an hour, god paperboys would love that coin for there graft yet they get that for a 6 morning week, my son gets 12 quid a week for doing a 90 min paper round each morning 6 mornings a week and he dont complain

Darren Bent · Post by **Darren Bent** » 21 May 2013, 14:55

12 pounds for 9 hours work.

gand · Post by **gand** » 21 May 2013, 15:12

When's the strike?

Danelectro · Post by **Danelectro** » 21 May 2013, 15:19

why is it that people come on here and slag off posties that slag off mangers and moya...is it the way it is innit?

ROYALMAILCHAT

Royal Mail expected to announce profits of 'up to £400m'

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Its a miracle !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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