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International Distributions Services PLC (IDSI)

London
Currency in GBP
Disclaimer
275.40
-0.60(-0.22%)
Closed

IDSI Price Commentary

Visa equity holds 27.5%...increasing the stake
Sorry. Vesa Equity holds 27.5%
expect a no vote if the agreement isn't changed
all sorted....formalities left
The business is in an appalling state, employees are completely disillusioned and fed up, the service just doesn't work anymore. until they can get a grip of things, reinstate some confidence and turn the business around expect this to languish around the 220-250 mark, it's a real shame because it could be, and should be, a leading company.
madness game r m playing will lose so much this Christmas..better to have moved forward with the workforce onside, would still have changed as they always have
ceo is a patsy for someone else pulling the strings.
Just received my mail from 3 weeks ago posted 1st class, quality service... Sad really everyone wants a pay rise but I think they'll destroy the very thing that pays them.
it's not all about pay..
it's not about pay. their conditions are appalling.
business will lose out if they don't settle soon
now heard management will get 20% of wage as a bonus if they push through all the changes
true.
Thompson wasn't talking yesterday, he doesn't care about service just shareholders
This CEO must go. completely wrong strategy.RM must work with union not against.
Give the postmen a wage that reflects living costs. Shame on IDS.
Can't up wages if your losing money hand over fist. They should try and strike a deal though and agree when the company is in profit postie's get some kinda raise. Looks like they will just sack everyone to break the union to be fair.
if you pay 400 million to shareholders you cannot then claim to be losing money when employees need a payrise.
fair comment but remember people invest money which is used in the company to employ people and grow the company. If you look recently share holders have lost an absolute fortune when they want the company to succeed.I send lots of parcels with royal mail and the service has gone down hill massively when it used to be no 1 if you wanted to be sure something would get there on time.Mark my words they'll sell the parcel part of business and before you know it the letter end will probably go bust in a few years. I would imagine they'll be purchased by the state again possibly a Labour government at a massive loss.Share price is in free fall at the moment with all the uncertainty. Royal mail needs to be able to compete and at the moment they can't. They are now equaled in the parcel delivery service for usually half the price.You can't really strike if the competition is paying the same money and providing a better service currently.As an investor I'm out.
Come on Royal Mail - goive the posties a fair wage!!
Royalmail will need to break the union unfortunately. It is unrealistic for it to compete against competitors without extensive changes to working practices.
but they had a way forward agreement with the union that was working. this dispute is of the CEOs making and is unnecessary.
maybe but not yet ...see what happens
Big money to be made here.
By shorting it? Many more strikes looming
will fall till rm and union agree a deal
falling knife
Brexit ensured foriegn buyouts reign, UK plc is for sale en masse
19 days!
this CEO is *****bent on destroying this company
oh dear.. rm look desperate to break up the company at any cost
Plunge coming before 3pm UK
sort out a good deal for the postman asap before you get bought out
Down to simon 🙃
CEO with government plotting takeover from foreign investors
rm should do a deal now and not lose any income
We are far apart from any deal, paying management £1000/1500 to fulfil the work of a posties job says it all its a long war ahead!
Strike your jobs away.. personally I'm getting sick of all the gimme more money inflation inflation inflation... won't they just start bringing in temp workers to replace strikers. I think people need to realise everyone is struggling we've just come out of a pandemic let the company fill it's coffers first. Strikes just damage the companies reputation which means less money for it's staff as customers find more reliable alternates which means less staff... I'm on a low wage but I just live within my means and change jobs if it comes unbearable. People striking need to think hang on do I want this job long term or do I want the company to be sold off in a few years. I don't know the wages but I'd love a comparison to the other delivery firms DHL FedEx Ups etc. I suspect Royal mail pays the best but greed always want more. I honestly can see this dropping and it gets gobbled up by Bezos or worse.
same again it aint just about pay do some research lol
if u speak to anyone that works for the other courier firms they will tell u they would bit your hand off to work for royal mail because they have a strong union good pay holiday and breaks the other company treat they workers terrible
You are right: The CWU said hhe posties demand a "no strings attached" pay rise. They stated "The changes would see our members delivering up to 5 hours in the height of summer heat and in the darkness of winter. This is just one example of how the Royal Mail are runn8ng down the postal service." The fact that they are not ashamed to say that is mind boggling- upto 5hrs, that means mostly its less. All other workers do 8 hour shifts. I'm a labourer, 8 hours for us is much harder and we dont get their pension. They push a trolley or drive a van / carry a bag for a few streets at a time. Other couriers work far longer hours with much less pay (google and check for yourself).
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