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Will the Royal Mail share price keep dropping like a stone?

first_imgWill the Royal Mail share price keep dropping like a stone? Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Over a month or three months, a year, three years, or five years, whichever timeframe you look at, you see the Royal Mail (LSE: RMG) share price falling like a stone. Results out this month will have done little to convince most investors that the postal operator is anything other than a terrible investment. There are a number of reasons for investors to be concerned. Highly unionised workforceOne of the big challenges Royal Mail is always likely to struggle with is the prospect of its workforce – in the UK at least – going on strike. Even now, trade unions are planning strikes. The workforce is highly organised and unionised, unlike in many UK companies today, and management seems unable to find a way to keep its workers happy. I think it must be a massive reason why the shares aren’t recovering – but it’s far from the only one.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Barely a boost from e-commerceIt’s a positive that Royal Mail is looking to use more automation. Many successful companies do it to cut costs. But the firm is saddled with a long history and isn’t as nimble on this front as some newer rivals. Change is needed though. Revenue at its UK Parcels, International & Letters business (UKPIL) for the nine months to end-December rose 1% on the prior year, growth that’s anaemic, especially given booming e-commerce that should mean a parcels bonanza for the firm.Chief executive, Rico Back has called the outlook for 2020/21 “is challenging” and with no recovery in letter volumes and the lingering business uncertainty, the board has downgraded its expected volume decline for the coming year to 7%-9% from 6%-8% and “increased the likelihood” that UKPIL will be loss-making.Big debtAnother problem for the share price is the firm’s ballooning debt – which is especially a concern given the lack of growth or productivity at the group. Its borrowing has increased as management has tried to get the business into better shape. Net debt was £1.4bn at the end of the company’s last reported period, whereas back in 2016 net debt stood at just £244m. This increase must be a massive concern as it can become a company’s undoing – the collapse of Carillion is an example of this.One positive Investors can cling to the hope that the international business will save Royal Mail and eventually lift the plummeting share price but I’m doubtful. GLS is the overseas parcels operation and arguably the best part of the business. Its most recent figures showed it grew revenue 11.1% – and no doubt it’s where management should put most cash and investment. But I believe it won’t be enough to offset declining UK letter sending and small parcels growth. The shares may appear cheap with a P/E under six, but I think it’s a value trap. There’s still plenty of potential for the shares to fall further – and that’s exactly what I expect them to do. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images See all posts by Andy Ross Andy Ross | Wednesday, 19th February, 2020 | More on: RMG center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Andy Ross owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

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53 patients waiting for beds at UHL

first_imgLimerickNews53 patients waiting for beds at UHLBy Staff Reporter – September 29, 2020 63 WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Previous articleConstruction of Laya Health & Wellbeing Clinic begins at Limerick LandmarkNext articleNo change in Limerick’s Local Property Tax for 2021 Staff Reporterhttp://www.limerickpost.ie Roisin Upton excited by “hockey talent coming through” in Limerick That’s down on yesterdays figure of 65 patients waiting for beds. Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Facebook 242 admitted patients are waiting for beds this morning, according to today’s INMO Trolley Watch.212 patients are waiting in the emergency department, while 30 are in wards elsewhere in the hospital. Print Twitter RELATED ARTICLESMORE FROM AUTHORcenter_img TAGSKeeping Limerick PostedlimerickLimerick Post Linkedin Donal Ryan names Limerick Ladies Football team for League opener Limerick’s National Camogie League double header to be streamed live University Hospital Limerick Limerick Ladies National Football League opener to be streamed live WhatsApp Email Advertisementlast_img read more

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Jobs saved as Lancashire bakery is sold

first_imgForty-four jobs have been saved at a bakery in Blackburn after it was bought out of administration.Cheshire-based company Flash Sandersons purchased the business and assets of Sandersons Confectioners, renamed Sandersons UK Limited, for £65,500, securing the jobs. According to an official report produced by administrator Leonard Curtis, “the economic climate had a significant effect on the business”, which resulted in cashflow difficulties, and pressure from creditors, in particular HM Revenue & Customs. The bakery owed approximately £256,000 to creditors.Following losses of £14,695 for the year ended 31 May 2013, the business was placed into administration. The administrators sought to find a buyer to take the business on as a going concern and received interest from 18 parties, before a sale was finally agreed with Flash Sandersons – a company unconnected to the original business.Jonathan Barton, director at Sandersons UK, said that he planned to expand the business with more outlets, product lines and staff. “I want to move further into foodservice, which is my background, and try to knock on the doors of hotel and restaurant groups. I’ve taken on six new members in the last four weeks,” he said. “I’ve not bought a business to leave it tinkering along. You put investment into the business to bring new customers and to make it grow. In the new year we’ll open a few more shops.”Barton added that although locations for expansion have not been decided, he will be looking towards towns and cities for a high footfall.Founded in 1930, the business expanded and began trading from the village bakery in Mellor Brook, Lancashire in 1949. It then relocated to a 12,000sq ft leasehold premises at Ramsgreave Bakery, Blackburn, in 1984.Mark Colman, director of Leonard Curtis, said: “The demise of a well-established, traditional East Lancashire business, which has traded since the 1930s, demonstrates the ongoing challenges to the SME market in the north west.“However, despite the company falling into administration, we were able to secure a successful sale of the business as a going concern, which has resulted in securing 44 jobs in the local community.”The bakery supplies bread, cakes, pies and pastries to sandwich shops, hotels, schools, hospitals and catering establishments around the north west of England.last_img read more

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HSPH graduates told that career flexibility key to personal, professional growth

first_imgIn his opening message at the 2012 Commencement ceremony on May 24, Dean Julio Frenk spoke about the importance of “career plasticity.”He quoted Sheryl Sandberg, the chief operating officer of Facebook, who said, “Fortune does favor the bold, and I promise that you will never know what you’re capable of unless you try.” Explaining why he chose to quote a business person instead of someone like Einstein, Pasteur, or even Plato, Frenk said that “tightly-defined career paths … are no longer the only routes to personal and professional achievement” for graduates of Harvard School of Public Health.Frenk noted that the day’s commencement speaker, HSPH alumnus Gerald Chan, went on to a “bold, non-traditional career path” as an entrepreneur and innovator, but has continued to work on improving people’s health.“No government—even that of the wealthiest nation—can afford to pay for all of the scientific research and public health programs that we require to keep people healthy,” Frenk said. “As a result, it is vital that we have people educated in science and public health who see opportunities where others see barriers—who are comfortable moving easily between the worlds of government, business, civil society, and academia, to improve people’s health.” Read Full Storylast_img read more

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Secret Service increases protection on Joe Biden as he unofficially becomes president-elect

first_imgAdditional agents are reportedly being added Friday to the team protecting Biden.That full protection may still be delayed if Donald Trump refuses to concede, though: “If Biden is considered the clear winner and Trump does not concede, the Secret Service could wait under agency protocol until the electoral college meets in mid-December to certify the vote results before officially treating Biden as the president-elect,” the Post reports.- Advertisement – – Advertisement – The airspace over Biden’s home in Delaware is now considered National Defense Airspace, however. So things appear to be moving in the right direction for Biden to get the protection his position merits, and the threat of Trump’s supporters demands.last_img read more

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Club set to terminate Balotelli’s contract

first_imgRelatedPosts Lampard: I still have confidence in Tomori Mane double eases Liverpool to win over 10-man Chelsea EPL: Chelsea, Liverpool in cagey duel Brescia are set to terminate Mario Balotelli’s contract after the Italy striker failed to return to training ahead of Serie A’s restart this month, Italian media reported on Saturday.The 29-year-old Balotelli signed a three-year contract with his hometown club last year after they earned promotion to the top flight for the first time since 2011. Balotelli has earned a reputation as a troublemaker during his career.It was a career in which he has played for Inter Milan, Manchester City, AC Milan, Liverpool, Nice and Olympique de Marseille, and won 36 international caps.A television station had reported that Balotelli was involved in a row with Brescia president Massimo Cellino.This was after the striker did not return to training when COVID-19 restrictions were eased in the country.The report said Balotelli was offered a consensual termination, which he refused, and the club then sent a letter to his lawyer saying his contract would be ended. Balotelli has scored five league goals in 19 appearances this season for a struggling Brescia side who are bottom of the league standings.They are nine points from the safety zone with 12 games left.Serie A, suspended on March 9 due to the coronavirus pandemic, is due to resume on June 20.Reuters/NAN.Tags: AC MilanBresciaLiverpoolMario BalotelliSerie Alast_img read more

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Garcetti urges USC’s involvement in city

first_imgFollow Daniel Rothberg on Twitter @danielrothberg Before Eric Garcetti became Mayor Garcetti at his inauguration on June 30, many USC students knew him by a slightly more academic title: Professor Garcetti.Heated Debate · Los Angeles Mayor Eric Garcetti debates former mayoral candidate Wendy Greuel at the Galen Center on May 5. – Ralf Cheung | Daily TrojanA visiting instructor at USC’s School of International Relations from 1998 to 2000, Garcetti taught a class on humanitarian intervention and human rights, as well as a course on developing countries in world politics. While teaching at USC, Garcetti helped form a chapter of University Watch, a program of Human Rights Watch, and brought a group of students to meet then-U.N. Secretary General Kofi Annan, according to the School of International Relations’ alumni magazine.While his tenure at USC might have been short, Garcetti has had a long relationship with the university.In fact, Garcetti has appointed some of his former USC students to serve as city commissioners, he said during an interview with the Daily Trojan, and came back to campus in 2003 to deliver the commencement address for the School of International Relations. As a three-term city councilman representing Hollywood, Echo Park and other communities, Garcetti said he worked with USC on everything from homelessness to rebranding Los Angeles.But, for at least the next four years, Garcetti will work with USC in a more direct capacity as Los Angeles’s leader.And as newly elected politicians adjust to their new roles in city government, so too must USC and other stakeholders.“[A change in government] does affect the university because even though we’ve known a lot of these folks for years, they’re in a new role,” David Galaviz, USC’s executive director for local government relations, said. “We have to reach out to them, we have to be proactive in explaining to them USC’s role, both as a community partner and a partner with local government.”The university’s lobbying efforts extend far past the mayor’s office. Perhaps no one is as important as the university district’s city councilman, Curren Price, who, after working as a state legislator for seven years, is beginning his first term as Ninth District City Councilman.Since taking office, Price has met with university officials to discuss USC’s $1.1 billion renovation of the University Village and a project to improve the Figueroa Corridor. Last March, Price served as the keynote speaker for a student leadership conference hosted as part of USC’s EdMonth.“I think ‘SC brings a lot of energy, a lot of enthusiasm and a lot of intellectual power to problems and to opportunities in the area,” he said during an interview with the Daily Trojan. “Overall, it’s a very positive resource and we hope it continues being a good neighbor for the community and the businesses that surround it.”Price said that he’s looking forward to working with the university, noting several shared priorities: beautification, public safety, economic development and youth empowerment.Garcetti is also focused on youth empowerment. Since Garcetti’s tenure at USC, the university has become increasingly active in civic life, he said.“I think that every year USC becomes more and more integrated, not only with their neighborhood, but with the city of Los Angeles in the wider sense,” Garcetti said.When it comes to city politics, USC has considerable influence.“The university has access,” Sherry Bebitch Jeffe, a senior fellow at the USC Price School of Public Policy, said. “And you don’t ignore the largest employer in the city of Los Angeles. That doesn’t mean you cave in every time that employer breathes. But that employer will certainly get a hearing.”Several of Garcetti’s commission appointments have USC affiliations, Jeffe noted. On Aug. 14, Garcetti named Steve Soboroff, who sits on the Price School’s Board of Councilors, to the commission that oversees the police department. Robert Saltzman, associate dean and professor at the Gould School of Law, already serves on the panel.But Galaviz said his office is careful not to treat USC-affiliated officials differently in its interactions with the city.“We have to approach them like any other constituent,” Galaviz said. “We cannot assume nor do we think that just because a certain community leader has a tie to the university they’re going to do everything the university wants.”When an issue does arise, Galaviz said the first call is always to the university’s councilmember, one reason forming a strong relationship is so crucial. Over the next few years, USC will collaborate with the city on priorities as small as fixing potholes and as large as the University Village renovation, Galaviz said.Price, like Garcetti, isn’t new to working with USC. Recently, as a California state senator, Price criticized an agreement that gives USC a 98-year lease to manage the Los Angeles Memorial Coliseum. Though he supported USC managing the Coliseum, Price was part of a group of critics concerned that museums in Exposition Park would suffer from a loss of parking revenue during several university events. Since the letter was written, Gov. Jerry Brown’s administration has said the state plans to compensate the museums.“My concern was there would be some reimbursement, either from the state, the university or from somewhere,” Price said. “These are important cultural resources in the community and we didn’t want to turn over the Coliseum to ‘SC at the expense of decreased access by citizens.”The Coliseum isn’t the only area where the university and the city have worked together. In recent years, public safety has become an issue that has required greater collaboration with the city. After an on-campus shooting in October, the university installed additional gating around campus and placed restrictions on visitors after 9 p.m.Though Garcetti said safety in South Los Angeles has improved in recent years, his administration plans to do more work in the area.“I do believe it’s tremendously safe,” Garcetti said. “Certainly compared to 20 years ago, 10 years ago, it’s better. But there’s still too much crime concentrated in South Los Angeles and it will be a focus of mine, particularly with youth intervention and gang intervention, to give young people other pathways.”Despite USC’s efforts to extend its reach beyond the University Park Campus, many students remain reluctant to get involved in city life. After all, turnout in the mayoral election stayed at a low 10.2 percent for 18-29 year olds, according to an exit poll sponsored by Loyola Marymount University.Garcetti hopes to change that. As mayor, he plans to make volunteering easier by creating a forum that lists opportunities. But he also said he recognizes that increased involvement requires a change in attitude.“L.A. is a complicated place to get engaged and involved civically but it’s my goal that not only do we build an easier way to do that but we build a new culture,” he said.As for USC, Garcetti hopes that the university’s presence continues to increase beyond its campus gates.“The university is much less of an island than it’s ever been,” Garcetti said. “But it’s still too much of an island. It reaches its arms out regularly, but I want to see ways in which, specifically with City Hall, we can engage graduate students and professors in coming up with the solutions to problems we all face.”last_img read more

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Lewis makes 2016 Contender debut tonight

first_imgRamel ‘Sub Zero’ Lewis, a former finalist in the ‘Wray & Nephew Contender’ series, will make his 2016 debut tonight against Fard ‘The Messenger’ Muhammad from Las Vegas, Nevada, in a five round fight.The fight will be broadcast live on Television Jamaica at 9.30 pm.Lewis, who has a record of six wins, which include three knockouts and three losses, has not fought since May 2014, when he lost to Tsetsi Davis in another Contender bout. He added a lot of weight during this time and had some difficulty coming down to the 147 welterweight limit.LOSING WEIGHTHis camp has stated that he has been working very hard over the past six weeks, that his weight is down to the welterweight limit, and that he is in good condition. He told The Gleaner recently that he is “feeling great, and looking forward to the first fight.”Lewis is known to be a hard-hitting fighter with power in both hands and is always a feared opponent. He is also quite vulnerable, however, as he leaves himself wide open at times.His opponent, Muhammad, is a late replacement and is a mixed martial arts (MMA) fighter, who is making his debut as a professional boxer. His record shows that he has a 3-3 MMA professional record and fought as recently as February 20 as a bantamweight. Fighting as a welterweight tonight, he should not have any problems making that weight and could well be giving away a lot of pounds against Lewis.It will be interesting to see how he adjusts to the cleaner style of professional boxing. In MMA, one can use hands and feet and wrestle an opponent to the canvas. Boxing skills are necessary, but are not the primary weapons in MMA. The rules of professional boxing are very different, and Muhammad will have to change his style a lot to cope with the new format.The boxers in the competition are vying for the Wray & Nephew Welterweight Contender 2016 title and prize money of $2 million for the champion, $500,000 for the runner-up, $250,000 for third place, and $200,000 for fourth place.last_img read more

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A look at how the Warriors might defend James Harden

first_imgKlay Thompson subscribes. You can too for just 11 cents a day for 11 months + receive a free Warriors Championship book. Sign me up!OAKLAND – The Warriors try to follow the rules. Even when they do, the Warriors still often get penalized.Then again that is what happens to most of the 28 other NBA teams that defend Houston guard James Harden. He will either make a step-back 3, sink a floater or go to the free-throw line after drawing contact both real and imagined.Yup, the Warriors will sure …last_img read more

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Young South Africans urged to volunteer

first_img15 June 2012Human Settlements Minister Tokyo Sexwale has called on young South Africans to make positive changes in their communities by volunteering their services.Sexwale was speaking during the handing over of new houses built by youngsters in the farming community of Kirkwood outside Port Elizabeth in the Eastern Cape on Thursday, just two days before South Africa celebrates its Youth Day national holiday.“We emphasis this thing of volunteerism because this is the month when young people took to the streets and took matters into their own hands to better the lives of South Africans – they never sat back,” Sexwale told scores of young people at Thursday’s handover.Youth build programmeThe houses were built by a group of youngsters as part of the National Youth Development Agency’s (NYDA’s) “youth-build” programme, which encourages young people to participate in community development through the construction of houses.The 36 houses are part of the 36th anniversary of the June 16 Youth Day commemorations. The agency said each house was subsidised through sponsorships to the value of R79 812.78, which included all the building material.Sexwale said there was often a misconception among the youth of today that voluntary work was mainly for old people and the unemployed. He found it strange that many young people refused to do voluntary work even if it would equip them with skills.“This the month we remember a painful year 1976, but what we need to encourage in today’s youth is that despite the challenges, they can still do things to better people’s lives, things like what these youngsters here have done,” Sexwale said.Sexwale hailed the 150 youngsters who were involved in the construction of the houses, describing them as an inspiration to the nation and the heroes of 1976.He said that his department and the NYDA would spread the initiative to other provinces to encourage more youngsters to get involved in the programme.Human settlements projects ‘across the country’Among the beneficiaries of Thursday’s handover was 75-year-old gogo Nongazelo Maqhabase, who had been sharing a small shack with her three grandchildren for many years.She said: “I do not have words to describe how I feel, I never thought I would one day own a decent house of my own. I am a happy person today, I express my gratitude to all those who were involved in the building of the house.”Sexwale said the government was currently busy with human settlements projects across the country. A total of 10 000 houses were being built in Lephalale in Limpopo province, 50 000 in KwaZulu-Natal, and 35 000 to the south of Johannesburg.“So we are building human settlements all over the country, and by doing so we are not just putting a roof over people’s heads but we are creating jobs for the youth, because construction is a skill – we are providing skills, educations and knowledge.”‘We are also present in construction’NYDA CEO Steven Ngobeni said the agency was impressed by the interest it had attracted from young people, considering that construction was viewed as “a sector for the unskilled”.“As young people we are making a statement that we are also present in construction, and we need that skill to be further strengthened in us,” Ngobeni said. “As young people we refuse to let our challenges stand in the way of us seeing progress both for ourselves and our communities.”Deputy Minister in the Presidency for Performance Monitoring and Evaluation Obed Bapela, also speaking at the handover, decried the fact that more than 50 percent of South Africa’s unemployed youth were under the age of 35.He blamed a lack of skills and a high dropout rate at schools as contributing to the country’s youth unemployment.“In 1991, we enrolled more than 1.5-million, but only 500&nsbp;000 reached matric,” Bapela said. “We cannot pride ourselves over that; we have to change focus and the way we do things.”He said the Presidency would be requesting all ministers to produce a report on “what they have done for the youth”.“We will be requesting them to give us reports on what is it that they have done in job creation and youth development since we established youth directorates in all departments”.Source: BuaNewslast_img read more

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