Royal mail shares

claystones · Post by **claystones** » 13 Aug 2020, 11:53

Royal mail say they are losing a million pounds a day so how is it that the share price is soaring there must be something going on behind the scenes perhaps we will get a statement very soon probably not good news for us posties

chickenwittle · Post by **chickenwittle** » 13 Aug 2020, 12:16

I’ve been thinking the same last few days , shares are climbing steadily, maybe a tip off that the regulator has agreed to change the uso to make Royal Mail more profitable maybe ?

Celtic warrior · Post by **Celtic warrior** » 13 Aug 2020, 13:18

Or maybe because.......

As it is share prices which fluctuate constantly you will find there is no straight answer to this phenomenon.

My pennies worth would be that due to the country and possibly global recession that Royal Mail share price had reached it's bottoming out price, due to the shortening games, then it would be a much better prospect to buy than global companies who will fall in the coming days, weeks and months.

clashcityrocker · Post by **clashcityrocker** » 13 Aug 2020, 13:42

From a share forum:

From a reliable source is deal is almost done. The I needs to be dotted and the T,a crossed. The SWW on hold and only a pay rise with inflation backdated to 2019 no compulsory job losses.. please don’t shoot me but if true then a sigh of relief for all

So it would seem the possibility of a deal in the very near future aligning the business needs for rapid change with none of the CWU demands for a SWW etc, was all it took to raise the share price.
Now all we need to know is what Kretinsky intends to do ........

toonshola · Post by **toonshola** » 13 Aug 2020, 16:15

clashcityrocker wrote:From a share forum:

From a reliable source is deal is almost done. The I needs to be dotted and the T,a crossed. The SWW on hold and only a pay rise with inflation backdated to 2019 no compulsory job losses.. please don’t shoot me but if true then a sigh of relief for all

So it would seem the possibility of a deal in the very near future aligning the business needs for rapid change with none of the CWU demands for a SWW etc, was all it took to raise the share price.
Now all we need to know is what Kretinsky intends to do ........

IF that is true then I will be leaving the union because it reads like the union have got nothing and Royal
Mail have gained everything they wanted. Just speculation at the moment though so let’s see what happens.

JKSmudge · Post by **JKSmudge** » 13 Aug 2020, 16:18

clashcityrocker wrote:From a share forum:

From a reliable source is deal is almost done. The I needs to be dotted and the T,a crossed. The SWW on hold and only a pay rise with inflation backdated to 2019 no compulsory job losses.. please don’t shoot me but if true then a sigh of relief for all

Why would it be bacdated to 2019? - we had a pay risel that year so any backdated rise would be from April 2020.

JKSmudge · Post by **JKSmudge** » 13 Aug 2020, 16:22

Share price may be influenced by the Czech billionaire increasing his stake further - he had around 13% a few weeks ago. Possible update on holding in next few days....

clashcityrocker · Post by **clashcityrocker** » 13 Aug 2020, 16:27

JKSmudge wrote: Why would it be bacdated to 2019? - we had a pay risel that year so any backdated rise would be from April 2020.

I presume because we accepted a lower offer on the assumption the working week was also going to be shortened.
A pay rise for p/t staff and a pay increase for full time staff never happened.

Anyway I was only quoting wolves postie on a share forum. He might have got it all wrong.

steve1873 · Post by **steve1873** » 13 Aug 2020, 16:48

clashcityrocker wrote:
JKSmudge wrote: Why would it be bacdated to 2019? - we had a pay risel that year so any backdated rise would be from April 2020.
I presume because we accepted a lower offer on the assumption the working week was also going to be shortened.
A pay rise for p/t staff and a pay increase for full time staff never happened.

Anyway I was only quoting wolves postie on a share forum. He might have got it all wrong.

The hour off in October 2019 would be equivalent of a 2.4% rise, so that will defo have to have been factored in to any negotiations, considering we would also be due another hour off this October.

Grumpyoldmailman · Post by **Grumpyoldmailman** » 13 Aug 2020, 17:54

It always rises before the employee shares are purchased then it drops straight after.

thelittlesthobo · Post by **thelittlesthobo** » 13 Aug 2020, 17:56

clashcityrocker wrote:
JKSmudge wrote: Why would it be bacdated to 2019? - we had a pay risel that year so any backdated rise would be from April 2020.
I presume because we accepted a lower offer on the assumption the working week was also going to be shortened.

How can there be a shortened working week when our duties are still designed to a 40 hour week? In fact, it’s been so long since there have been any revisions to duties that online shopping has gone through the roof and many new houses have been built, and it would take well in excess of 40 hours to deliver the letters and parcels during a ‘normal’ time, never-mind the Christmas levels of parcels we’re having to deliver since lockdown; yet the union wants a 35 hour week??!! So after 35 hours our pay goes down (yes, in what other company does your hourly rate actually go down when you reach overtime?!) - we’ll be doing the same amount of work and more for less pay! In order to successfully implement a shorter working week (whereby your duty actually would take 35 hours to sort and deliver over 5 days - it should only be during exceptional circumstances when overtime is required) RM need to recruit yet all they talk about is the constant rhetoric of losing money and the necessity of redundancies!!!

steve1873 · Post by **steve1873** » 13 Aug 2020, 18:31

thelittlesthobo wrote:
clashcityrocker wrote:
JKSmudge wrote: Why would it be bacdated to 2019? - we had a pay risel that year so any backdated rise would be from April 2020.
I presume because we accepted a lower offer on the assumption the working week was also going to be shortened.
How can there be a shortened working week when our duties are still designed to a 40 hour week? In fact, it’s been so long since there have been any revisions to duties that online shopping has gone through the roof and many new houses have been built, and it would take well in excess of 40 hours to deliver the letters and parcels during a ‘normal’ time, never-mind the Christmas levels of parcels we’re having to deliver since lockdown; yet the union wants a 35 hour week??!! So after 35 hours our pay goes down (yes, in what other company does your hourly rate actually go down when you reach overtime?!) - we’ll be doing the same amount of work and more for less pay! In order to successfully implement a shorter working week (whereby your duty actually would take 35 hours to sort and deliver over 5 days - it should only be during exceptional circumstances when overtime is required) RM need to recruit yet all they talk about is the constant rhetoric of losing money and the necessity of redundancies!!!

Sorry but this is utter nonsense.

The shorter working week is or rather was being implemented to take into consideration increased automation meaning less indoor work would be required.

thelittlesthobo · Post by **thelittlesthobo** » 13 Aug 2020, 18:46

Thank you for your kind words and gracious clarification. I look forward to one hour less each and every morning in the sorting office

yubin282 · Post by **yubin282** » 13 Aug 2020, 18:59

steve1873 wrote:
thelittlesthobo wrote:
clashcityrocker wrote:
JKSmudge wrote: Why would it be bacdated to 2019? - we had a pay risel that year so any backdated rise would be from April 2020.
I presume because we accepted a lower offer on the assumption the working week was also going to be shortened.
How can there be a shortened working week when our duties are still designed to a 40 hour week? In fact, it’s been so long since there have been any revisions to duties that online shopping has gone through the roof and many new houses have been built, and it would take well in excess of 40 hours to deliver the letters and parcels during a ‘normal’ time, never-mind the Christmas levels of parcels we’re having to deliver since lockdown; yet the union wants a 35 hour week??!! So after 35 hours our pay goes down (yes, in what other company does your hourly rate actually go down when you reach overtime?!) - we’ll be doing the same amount of work and more for less pay! In order to successfully implement a shorter working week (whereby your duty actually would take 35 hours to sort and deliver over 5 days - it should only be during exceptional circumstances when overtime is required) RM need to recruit yet all they talk about is the constant rhetoric of losing money and the necessity of redundancies!!!
Sorry but this is utter nonsense.

The shorter working week is or rather was being implemented to take into consideration increased automation meaning less indoor work would be required.

but didn't they pull the plug on that - turning off LSM machines etc

steve1873 · Post by **steve1873** » 13 Aug 2020, 19:03

thelittlesthobo wrote:Thank you for your kind words and gracious clarification. I look forward to one hour less each and every morning in the sorting office

It's 1 hour spread across the week. I.e 12 minutes per day.