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General Chat Thread, Royal mail selloff in General; True but if I'm not mistaken an equally huge pension liability and I can't but help recall several delivery companies ...
  1. #16
    speckytecky's Avatar
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    True but if I'm not mistaken an equally huge pension liability and I can't but help recall several delivery companies that have proved so difficult to manage that their boards have ended up selling them on for peanuts just to get rid of the liability. Rentokill Initial recently sold Citylink for 1 for example. Yet Citylink seemed to have a very nice segment of the market which must surely have been profitable?

    Quote Originally Posted by zag View Post
    Royal mail also have a huge property portfolio, its an incredibly good business to buy into in my opinion as an investor.

  2. #17
    zag
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    Quote Originally Posted by speckytecky View Post
    True but if I'm not mistaken an equally huge pension liability and I can't but help recall several delivery companies that have proved so difficult to manage that their boards have ended up selling them on for peanuts just to get rid of the liability. Rentokill Initial recently sold Citylink for 1 for example. Yet Citylink seemed to have a very nice segment of the market which must surely have been profitable?
    The government took over the Pension Liabilities I think last year.

  3. #18

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    For the record, I applied using some money in an isa which was earning less than inflation - otherwise known as devaluing.

    The missus will kill me if it all goes pear shaped but I think it's worth a punt.

  4. #19
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    Quote Originally Posted by Flatpackhamster View Post
    You are mistaken. You have mistaken a party political point (which I was not making) with a general objection to playing fields sales over the last 40+ years (which I was).



    Neither would be necessary if mass immigration hadn't created a second Baby Boom which will take 50 years to work its way out of our demographics. Still, so long as Guardian readers get their cheap au pairs and ethnic basketwork shops...



    In that case the games session is too short.
    You seem to be all over the place there with a random rant based on generalisations and no actual facts.

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    Quote Originally Posted by Gibbo View Post
    You seem to be all over the place there with a random rant based on generalisations and no actual facts.
    If you don't understand the words I can explain them to you.

    You were the one that made a massive, wrongheaded assumption. Don't take it out on me.

  6. #21


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    Anyone manage to sell @4.50 and make 270 overnight?

  7. #22
    zag
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    30% profit, cant complain!!

    Since the staff also made an instant 500 minimum, I guess they may actually be happy for once, well until they vote to strike....

    The real question is what would they strike about haha

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    Quote Originally Posted by zag View Post
    30% profit, cant complain!!

    Since the staff also made an instant 500 minimum, I guess they may actually be happy for once, well until they vote to strike....

    The real question is what would they strike about haha
    Because its stupid, short sighted and wrong...ha ha

  9. Thanks to SpuffMonkey from:

    jcollings (11th October 2013)

  10. #24
    Gibbo's Avatar
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    Quote Originally Posted by Flatpackhamster View Post
    If you don't understand the words I can explain them to you.

    You were the one that made a massive, wrongheaded assumption. Don't take it out on me.
    Condensing now, is your argument really that weak?

  11. #25
    nicholab's Avatar
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    I have to say that the Royal Mail is not what it used to be my Grandfather was a Postman and it was a respectable job. Now they do not care and their customer service is poor.

  12. #26

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    Personally I'd approach with caution as to the real worth of Royal Mail.. I think this attempt by the Government will be short lived to generate interest.

    As it stands, Royal Mail are years behind in terms of their tracking technology compared to other companies. The last I checked, I can track a parcel with Royal Mail once it's been delivered. That's really handy isn't it?

    I'd take Royal Mail more seriously if they came out with a revolutionary policy such as delivering on a Sunday. Many companies/shops and websites are available to purchase on the weekend, so why not deliver on a Saturday and Sunday? No one's tapped into this market and I think the response would be more than positive.

  13. #27

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    Quote Originally Posted by Michael View Post
    As it stands, Royal Mail are years behind in terms of their tracking technology compared to other companies. The last I checked, I can track a parcel with Royal Mail once it's been delivered. That's really handy isn't it?
    As far as I remember it depends on which service you buy. The after it has been delivered I think is the signed for service. I'm sure you can get a blow by blow tracking.

  14. #28

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    Quote Originally Posted by TechMonkey View Post
    As far as I remember it depends on which service you buy. The after it has been delivered I think is the signed for service. I'm sure you can get a blow by blow tracking.
    But clearly it's a poorly thought out service. The step by step tracking is available as standard from all other companies I've come across. The future of Royal Mail is delivering parcels, it won't be delivering letters - so they need to focus on this a lot more. Internet sales are rocketing every year, yet Royal Mail report big losses and requires investment. It just doesn't add up, bearing in mind they're the biggest in the UK.

  15. #29
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    I am looking forward to the next Postman Pat to see what he does with his money!

  16. #30
    zag
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    Parcels is clearly a huge growth business, and royal mail is in excellent shape to be able to make lots of money out of it.

    I agree they need to improve their tracking and website simplicity.

    Those automatic postal machines also need an upgrade. I've used them a few times and the touch screens are so slow.

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