Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 1 minute ago, TheTeapot said: Because it is more efficient to send one truck to Ramsey and split it there than 20 (?) smaller vans? So why can’t this still happen - sort in Douglas and as you said - transfer to Ramsey in one vehicle and split into multiple smaller delivery vehicles Quote Link to comment Share on other sites More sharing options...
Cueey Lewis And The News Posted October 22, 2023 Share Posted October 22, 2023 Turnover of £24,200,000 so profits of around 0.022% how on earth can it cost £24M a year to run an operation like IOM Post on an island of 85,000 people? Unbelievable bloat. Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted October 22, 2023 Share Posted October 22, 2023 41 minutes ago, Manxman1234 said: Who is delivering parcel force now? Manx Independent Carriers are the new contractors to Royal Mail for the Parcelforce business. 2 Quote Link to comment Share on other sites More sharing options...
HiVibes Posted October 22, 2023 Author Share Posted October 22, 2023 3 minutes ago, P.K. said: @HiVibes Your hatred of Mr Peters is blinding you to a very important point about organisations like the PO and their profitability. Put simply the more profit the PO makes the more we are all being taxed twice. What happens to the IOMSPCo profits, if any, should be interesting.... yer drama queen, I don't hate anyone. 1 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted October 22, 2023 Share Posted October 22, 2023 1 minute ago, Manxman1234 said: So why can’t this still happen - sort in Douglas and as you said - transfer to Ramsey in one vehicle and split into multiple smaller delivery vehicles This is what happens. 1 Quote Link to comment Share on other sites More sharing options...
Cueey Lewis And The News Posted October 22, 2023 Share Posted October 22, 2023 (edited) 1 minute ago, Non-Believer said: Manx Independent Carriers are the new contractors to Royal Mail for the Parcelforce business. I bet they make a profit of a lot more than 0.022% of turnover too. Edited October 22, 2023 by Cueey Lewis And The News Quote Link to comment Share on other sites More sharing options...
Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 1 minute ago, TheTeapot said: This is what happens. So there isn’t a sorting office in Ramsey, Peel and Castletown then? Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted October 22, 2023 Share Posted October 22, 2023 It’s an organisation that won’t exist in a few years anyway so I would t worry about it. What will we need post for in ten years? 1 Quote Link to comment Share on other sites More sharing options...
HiVibes Posted October 22, 2023 Author Share Posted October 22, 2023 (edited) 40 minutes ago, 2112 said: I’m sure before long you will have IOMG cheerleaders on telling, you as wrong, and how it’s an illusion and the PO has made mega money profits. Oddly they put this down to a sharp increase in costs but in the Annual report they claim to have reduced operational costs. Lots of bullshit spouted in there, not least by 'straight talking' anti-woke warrior Stu Peters... "Given our high fixed cost base necessary to service our universal service obligation, it does not always follow that costs can be readily reduced in line with revenue decline; however it is pleasing to note that we were able to react quickly to reduce operational costs (excluding foreign exchange activity) by £0.9m." Edited October 22, 2023 by HiVibes Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted October 22, 2023 Share Posted October 22, 2023 2 minutes ago, Manxman1234 said: So there isn’t a sorting office in Ramsey, Peel and Castletown then? What? It's a little early to be drunk. Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted October 22, 2023 Share Posted October 22, 2023 3 minutes ago, Cueey Lewis And The News said: I bet they make a profit of more than 0.022% of turnover too. Until they find that they can't cope and farm it back to the PO at less than the PO were being paid in the first instance. Remember the Covid test kit distribution? That went well... Quote Link to comment Share on other sites More sharing options...
HiVibes Posted October 22, 2023 Author Share Posted October 22, 2023 Just now, TheTeapot said: What? It's a little early to be drunk. Nah, it's Way past lunchtime on Athol Street. 1 Quote Link to comment Share on other sites More sharing options...
WTF Posted October 22, 2023 Share Posted October 22, 2023 so what was turnover in both years ?? easy to say profits are down when the real story is overheads are up significantly. Quote Link to comment Share on other sites More sharing options...
P.K. Posted October 22, 2023 Share Posted October 22, 2023 7 minutes ago, HiVibes said: Oddly they put this down to a sharp increase in costs but in the Annual report they claim to have reduced operational costs. Lots of bullshit spouted in there, not least by 'straight talking' anti-woke warrior Stu Peters... I rest my case... Quote Link to comment Share on other sites More sharing options...
Manxman1234 Posted October 22, 2023 Share Posted October 22, 2023 12 minutes ago, Cueey Lewis And The News said: Turnover of £24,200,000 so profits of around 0.022% how on earth can it cost £24M a year to run an operation like IOM Post on an island of 85,000 people? Unbelievable bloat. 11 minutes ago, Cueey Lewis And The News said: I bet they make a profit of a lot more than 0.022% of turnover too. I think you need a new calculator or need to re check your numbers as it’s around 2% of turn over 1 Quote Link to comment Share on other sites More sharing options...
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