Evening Gentlemen, sad thread this…we knew that “orrible” things would happen…but somehow we never expected the “cows to come home”…but they have!
Bewick, has the basics correct…, and the future direction,… as do so many of you!
Restructuring…debt management…redeployment of resource…the weasly words of Boardroom speak…quite frankly they make me puke…(apologies, but I feel strongly), for the stupid cavalier activities of Stobart, (the corporate body) have ruined so many honest, family businesses, by ludicrous undercutting of rates, and now “innocent” men and women wearers of the green, will have an uncertain future. They do not deserve this…and contrary to the posts of so many, Stobart does employ good men and women, for they are no different to you or I, and they have skills, families, and commitments, just as we all do.
But note, the real asset , “the Brand” does not pass, because that image, “the Brand”, is just about all the net worth of the business as it stands…and please Gentlemen, do not expect any “support” from Tesco…red in tooth and claw, no loyalty there, I speak as one who once, (despite all the threats…repossessed over 50 vehicles from their clutches…if you do not pay, I have my assets back…and I did)!!
Bet there is some “rectonial twitching” at Warwick, and Milton Keynes, as the redeployment of rented “assets” is considered…some cavalier residual forecasts no doubt…
The whole saga gives me no pleasure whatsoever…for was once a lorry driver, and lorry drivers deserve better employers…and Managers than this shower
I shall drown my sadness with a Magnum of 19 83, Mr Bollingers finest , and salute you all, and hope for the best for you all
Good Luck.