ROYAL MAIL GROUP SHARES. YEAR TO DATE:
196.45 GBX -326.55 (-62.44%) year to date
23 Sept, 16:35 BST •
Only going one way under Liz Truss.
Update;
As much as that would be the horror nuclear disaster for the staff of this business, I would quite enjoy seeing how they would tie themselves up in knots trying to sell letter franchises after their decades of wailing and doom-mongeringrobking wrote: ↑28 Sep 2022, 13:49The lowest it's ever been was £1.19 from memory, around early March of 2020.
At some point the price might drop below break up value, someone could take over the whole company, separate GLS and Parcelforce and combine them into one company that delivers parcels, competing with the likes of DHL, FedEx, DPD etc.
Then they could take the letters and small packets business and institute a franchise model where bidders could bid for delivery and collection contracts for each town or area, the franchise holder would be responsible for the universal service and might lease branded vehicles from the parent company but they would be responsible for employing the staff.
Many of the staff who currently work for Royal Mail would be in pole position to get jobs with the franchisees but you can bet that the terms and conditions will be a lot worse than they are now in the long term although in the short term there might be some clause whereby any franchisee has to take on existing staff and honour their Ts&Cs for a set period.
Anyone taking a franchise offered by ROYALMAIL need their head examining for being so backward they could be Neanderthals or just ST and his mates burning £20 notes for fun!BigSacks wrote: ↑28 Sep 2022, 14:26As much as that would be the horror nuclear disaster for the staff of this business, I would quite enjoy seeing how they would tie themselves up in knots trying to sell letter franchises after their decades of wailing and doom-mongeringrobking wrote: ↑28 Sep 2022, 13:49The lowest it's ever been was £1.19 from memory, around early March of 2020.
At some point the price might drop below break up value, someone could take over the whole company, separate GLS and Parcelforce and combine them into one company that delivers parcels, competing with the likes of DHL, FedEx, DPD etc.
Then they could take the letters and small packets business and institute a franchise model where bidders could bid for delivery and collection contracts for each town or area, the franchise holder would be responsible for the universal service and might lease branded vehicles from the parent company but they would be responsible for employing the staff.
Many of the staff who currently work for Royal Mail would be in pole position to get jobs with the franchisees but you can bet that the terms and conditions will be a lot worse than they are now in the long term although in the short term there might be some clause whereby any franchisee has to take on existing staff and honour their Ts&Cs for a set period.