Post Office Sell Off - Welcome To Tory Britain

[cmonstanley]

they wont tell you that the government is still paying the wages thats why the government still own 38% but their hedge fund mates are coining it in. ive heard the major shareholders now are the Singaporean and Kuwaiti governments respectfully are now the major shareholders. The next objective is to get hold of the property especially in London and then outsource and TUPE the postal workers if not sack them off to tnt the dutch tax dodging firm who have already got a lot of government contracts. how can they say it was a good deal for the taxpayer this government has borrowed more money than gordon brown and tony blair together . this is one reason why they are having a fire sale and to line their mates pockets at the taxpayers expense.plus the pensions robert maxwell was going to jail for things like this now its the norm. this country is really a disgrace. the public take it now through the brainwashing by the right wing press. this country is a laughing stock.

[cmonstanley]

the post office is dead now as well ,thats why the crown post offices keep going on strike the rest are franchises which were run by the hedge fund companies which are now shutting them all down now because the clause is up in their contracts to keep them open. who owns the crown post offices yep you heard the next fire sale is coming soon.

[Retlaw]

Originally Posted by jaysay

This sell of is nothing what so ever to do with the Post Office, its a different animal altogether, different business.

Ok, so I made a mistake between post office & Royal Mail, you post your mail at the post office, so who actuallay owns Royal Mail then, some one keeps rabbiting on about the singaporians, are now the owners, yet last nights news said that those who orderd 10 grand or more of shares won't get any, so how can any singa whatsits own the postal service if shares are limited to small investors.

[cmonstanley]

they are not limited to small investors they were open to hedge funds the same hedge funds who own the right wing press. you will now get limited information who bought these shares as they were private companies which are not covered by the freedom of information act.. other words the taxpayer has been stitched up

[cmonstanley]

dirty robbing tory scum its not theirs to sell Royal Mail - Wikipedia, the free encyclopedia

[cashman]

Originally Posted by cmonstanley

dirty robbing tory scum its not theirs to sell Royal Mail - Wikipedia, the free encyclopedia

yer link states clearly its government owned, so whilst i don't agree wi the sale, yeh sure don't help yer cause. If its goverment owned please explain how they cannot sell it?

[Margaret Pilkington]

This sell off is no different to GB selling the gold reserves at rock bottom prices.

The Royal Mail needs investment which the government are loath to commit to.
As a business it has been losing money..after all who posts letters anymore...but there is a vast increase in the number of parcels being handled.

It isn't only hedge fund managers who buy into such businesses, but pension funds and organisations also buy into them to make their money go further.

I suppose you would do away with all capitalism would you?
Please tell us what you would replace it with...and how would this work better.
I'm sure you will have an answer, you always seem to know what is coming..or so you would like us to believe.

[essexshar]

if they sell up will the queens head still be on the stamps?

[GEaston]

Small investors were allocated 33%, the government retains 30%, and multiple institutional investors 37%. The government therefore remains by far the largest shareholder.

The Singapore government is an institutional investor because they aren't stupid enough sell the countries gold reserves at $300 and they have not racked up mountains of debt. Singapore is a solvent state with $110,000 of surplus reserves for every man woman and child in the country. They have to put that money somewhere. Bankrupt Britain has the converse position.

[cmonstanley]

Originally Posted by GEaston

Small investors were allocated 33%, the government retains 30%, and multiple institutional investors 37%. The government therefore remains by far the largest shareholder.

The Singapore government is an institutional investor because they aren't stupid enough sell the countries gold reserves at $300 and they have not racked up mountains of debt. Singapore is a solvent state with $110,000 of surplus reserves for every man woman and child in the country. They have to put that money somewhere. Bankrupt Britain has the converse position.

so the 10% given to employees counted in these figures who cant sell them for 3 years. i think you need to read the history of the Singaporean government lol if britain is bankrupt why do the tories keep borrowing lol

[Margaret Pilkington]

Originally Posted by essexshar

if they sell up will the queens head still be on the stamps?

Yes, but apparently the vans will lose the 'Royal' prefix.

And c'mon, you didn't bother to answer my question...again.

[Margaret Pilkington]

Originally Posted by cmonstanley

i think you need to read the history of the Singaporean government

I would bet he knows much more about the Singaporean Govt than you do.

[Gordon Booth]

Originally Posted by cmonstanley

they are not limited to small investors they were open to hedge funds the same hedge funds who own the right wing press. you will now get limited information who bought these shares as they were private companies which are not covered by the freedom of information act.. other words the taxpayer has been stitched up

cmon, check your facts before you start ranting!
Anyone who ordered £750 worth got them. Anyone who ordered £10,000 or more got none.
A hedge fund would't order £750 worth- it wants millions. So the big buyers are having to buy them off the little buyers(including the Royal Mail workers) at the new price. Nice profit for the little buyers! And if they don't want to sell they don't have to.
When it all settles down you'll find huge blocks will be owned by various pension funds who pay UK pensioners from the income from these and other shares.
So it's not all bad.

[cmonstanley]

Originally Posted by Gordon Booth

cmon, check your facts before you start ranting!
Anyone who ordered £750 worth got them. Anyone who ordered £10,000 or more got none.
A hedge fund would't order £750 worth- it wants millions. So the big buyers are having to buy them off the little buyers(including the Royal Mail workers) at the new price. Nice profit for the little buyers! And if they don't want to sell they don't have to.
When it all settles down you'll find huge blocks will be owned by various pension funds who pay UK pensioners from the income from these and other shares.
So it's not all bad.

check your quotes a 100,000 people who subscribed never got any. the hedge funds got theirs first as you were allowed to buy more through registered brokers read the facts first not listen to sky news as their parent company also has hedge fund links to the Singaporean government

[cmonstanley]

Originally Posted by Margaret Pilkington

This sell off is no different to GB selling the gold reserves at rock bottom prices.

The Royal Mail needs investment which the government are loath to commit to.
As a business it has been losing money..after all who posts letters anymore...but there is a vast increase in the number of parcels being handled.

It isn't only hedge fund managers who buy into such businesses, but pension funds and organisations also buy into them to make their money go further.

I suppose you would do away with all capitalism would you?
Please tell us what you would replace it with...and how would this work better.
I'm sure you will have an answer, you always seem to know what is coming..or so you would like us to believe.

im not against capitalism im all for the normal person in the street starting their own business ,but in this country you are in a disadvantage as the hedge fund companies dont pay the right tax and destroy all opposition with government support. the tories are not for business they are for destroying competitive business. thats a fact the fact and figures tell you that . the country needs infrastructure for normal businesses to suceed.