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Privatisation shares.

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
RoyalSlave69
Posts: 74
Joined: 11 Feb 2013, 16:33
Gender: Male

Privatisation shares.

Post by RoyalSlave69 »

I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
TrueBlueTerrier
FORUM ADMINISTRATOR
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Re: Privatisation shares.

Post by TrueBlueTerrier »

RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
No details have yet been announced you may even have to pay for them.
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north london driver
Posts: 560
Joined: 18 Aug 2010, 21:51
Gender: Male

Re: Privatisation shares.

Post by north london driver »

TrueBlueTerrier wrote:
RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
No details have yet been announced you may even have to pay for them.
if we have to pay for them i will buy them with my other shares as i got nothing with them yet.
steven100
Posts: 1391
Joined: 09 Aug 2009, 12:35
Gender: Male

Re: Privatisation shares.

Post by steven100 »

If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
interesting
Posts: 217
Joined: 29 Jun 2012, 19:16
Gender: Male

Re: Privatisation shares.

Post by interesting »

Maybe , but the buying and selling of shares in general is not easy to predict
As a workforce as a whole do we really know what's best for ourselves
nataddick
MAIL CENTRES/PROCESSING
Posts: 362
Joined: 10 Jun 2010, 09:47
Gender: Male

Re: Privatisation shares.

Post by nataddick »

What we do know is what appeared in the 'Myth Buster's document to questions from the Department for Business, Innovation and Skills :-

Employee Shares
Any employee share scheme will be worthless like ColleagueShare

The employee share scheme, which Parliament has enshrined in statute, will not be the same as ColleagueShare. Real shares will be allocated to the employee share scheme – meaning that employees will own at least 10% of the company by the time the Government sells its last share. Our objective in setting up the share scheme is to secure strengthened employee engagement in the company and to ensure that staff benefit through dividends from any future profits.

The key points are we don't get ANY shares unless the balance of shares are sold up to say 90%. We should also get at least 10%

Obviously, if we were to be given 15% then the remaining 85% would need to be sold.

Whether we will be given some shares or have to buy them at a discount or a combination of the 2 remains to be seen. If there is insufficient demand from institutional investors, we may get offered some free shares with the option to buy more at a discounted price so RM get a 100% sale.
Darren Bent
Posts: 2150
Joined: 05 Oct 2007, 15:38
Gender: Male
Location: Pride Park, Derby, DE24 8XL

Re: Privatisation shares.

Post by Darren Bent »

if we have to buy the shares we should have it for say 15 pounds a week instead of paying 15 pounds for tax. so if we earn 400 pounds and take home 307 a week and then we should pay 15 out of 93 for shares (and the rest will pay for pension, CWU, National Insurance and Income Tax)

I don't know if we can do that or not.
nataddick
MAIL CENTRES/PROCESSING
Posts: 362
Joined: 10 Jun 2010, 09:47
Gender: Male

Re: Privatisation shares.

Post by nataddick »

There was really good article in the Money section of the The Times on Saturday June 15 'Make the most of wokplace share schemes' - it made reference to our Royal Mail shares and explained the differences between Sharesave (Save as your earn) and Share Incentive Plans. I have the paper version of the article but cannot provide a digital version of the article as I am not a subscriber to The Times.
spoodoo
Posts: 829
Joined: 06 Sep 2009, 18:07
Gender: Male

Re: Privatisation shares.

Post by spoodoo »

Shares,,,remember the last time ?...........
DB1100
Posts: 1976
Joined: 10 Sep 2007, 14:30

Re: Privatisation shares.

Post by DB1100 »

steven100 wrote:If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
They said that about the N.F.C shares.
For we were soldiers once,and young
DirtyHarry
Posts: 5051
Joined: 13 May 2007, 23:16
Gender: Male
Location: London

Re: Privatisation shares.

Post by DirtyHarry »

RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
No. Moya Greene, and all the other executive thieves, do far less hours than we do, and do far less work than we do, yet.....Will get shares worth hundreds of thousands of pounds more than the pittance we'll be given.
borgpicard
Posts: 486
Joined: 05 May 2011, 22:45
Gender: Male

Re: Privatisation shares.

Post by borgpicard »

DirtyHarry wrote:
RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
No. Moya Greene, and all the other executive thieves, do far less hours than we do, and do far less work than we do, yet.....Will get shares worth hundreds of thousands of pounds more than the pittance we'll be given.
never mind the shares, the canadian c*** is up for a million and half pay out ????
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Privatisation shares.

Post by cloherty1976 »

Think of the tax she will have to pay
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: Privatisation shares.

Post by maisymoo04 »

steven100 wrote:If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
Stevo I don't think we our dieing you no mate we our so busy and making money . Considering we're in a ressesion we made more money when crozier and Leighton were at the helm . Well sayin that ha :hmmmm :hmmmm
"Some day I will have the bottle to take the money"
OnAFlyer
Posts: 1938
Joined: 16 Aug 2009, 14:24
Gender: Male

Re: Privatisation shares.

Post by OnAFlyer »

steven100 wrote:If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
Until this 'new technology' can deliver parcels RM isn't going anywhere for a long time yet. Technology (as in Internet shopping) is what is keeping us all in a job and will keep doing so. Without that we'd be f*cked.