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Can the Lady or Gentleman quoting some sort of racism give details where it was and when ?.
Now in the FTSE100 , hopefully will help to lift the shareprice .
So ladies and gentleman there you have it. Record sales, record profits. So why are all our shares, uniquely in the history of the company, worth less today than they were 365 days ago?
I am sad to say that to me this comes as no great surprise.
The stewardship of the current board has a lot to answer for. The claims of racial abuse on social media are costing us, the shareholders, millions of pounds.
A manager who told a member of staff from an ethnic background not to go to a meeting because he could not stand being in the same room as him (not denied), unbelievably still in a job.
A legal department, who represents this board, putting in writing:- racial abuse and racial bullying in busy times does happen and is acceptable behaviour. The advocate who wrote that letter still at her desk.
There is nowhere in the world where these despicable and deplorable actions are acceptable, except of course in the Howdens world.
How bad does the evidence need to be, how vindictive do the actions have to be for these matters to be delt with in a correct and appropriate manner?
Noticeably this has only occurred since the new management team took over in 2018. We all know Matthew Ingle's morals and sense of decency and fair play would never, ever, have tolerated these outrages acts.
The damage inflicted on the share price means the AGM next month will be an interesting meeting.
Howdens reported to be joing the FTSE100 later this month . Two Russian companies out possibly helped .
Berenberg seem happy with this well run Company , just a little down on their previous happiness .
ffs, r a c i s t
especially using the ****** undertones.
Seems to me an obvious attempt to claim compensation ; certain people are very good at doing that .
Congratulations today
Where is the peak ?
FTSE 100 Adds:
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Endeavour Mining PLC
Howden Joinery Group PLC
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not too sure what your on about, as I stated I new that the Sheridans acquisition was on the cards months ago, it wasn't a big secret.
Absolute stonking set of results, every crucial metric in the right direction. Howdens have half a £billion sat in the bank !. Good to see that the year has opened well with sales compared to last year up again quite significantly. Growth plans look entirely realistic based on a demonstrated plan so far and its great to see that after exploring European depots that Howdens has a model which is working well in France and backed for expansion. I will start the bidding early - what do people think.... could this be a 2.4bn business by this time next year
Sheridan will be a good fit for Howden and brings the potential for new products. Looks like an aggressive push in the branches to gain lower value kitchens at the same time as pushing much higher end ranges too. I'm confident of £10+ by the year end and I'm betting on a bumper set of results tomorrow
You are incorrect losealot. Accieslad made a correct statement regarding the purchase of a 2nd worktop supplier to expand their offering in solid surface products. Results out tomorrow. Question is how much over 2bn is the turnover ?
I was thinking along the same lines AL .
As for MP it should name more names just to justify its claims .
If you honestly believe that a company's legal department sent a letter stating that "in busy times bullying is acceptable behavior", then I have a bridge for sale.
Sounding more and more like a disgruntled ex employee and heading for the green bucket.
So, another week of the shares continuing their downwards spiral .
Since the initial claims of bullying surfaced on Christmas Eve 2021 shareholders are the ones who have truly paid the price.
If the claim is correct, that, at the intervention of the investor relations department the legal department sent a letter stating
that "in busy times bullying is acceptable behavior" then the cost of a class action litigation from ex-employees could run into the millions.
As was widely reported Howdens recently paid a seven figure fine for doing the wrong thing, this looks like it could be going in the same direction.
Maybe, behind the scenes, Howdens factor these things in as a day-to-day cost of doing business.
The manager, who bullied a member of staff whilst he was seeing his Nan through her final days, is a disgrace to Howdens.
Even worse, with those view and that attitude this "manager" is a disgrace to the human race.
We now start to see the cost shareholders are paying for Howdens protection of this bully, the company shares have lost almost a billion pounds.
The value of the company has dropped by 25%, every day the loses are mounting.
Howdens need to do the right thing, quickly before things get even worse.
Thats quite old news , my local branch manager told me about that months ago, it was because the firm that they originally subcontracted out the quartz and granite worktop installations too, were over whelmed by the amount Howdens were passing to them.
Hearing on the grapevine that Howden have bought a worktop supplier to source solid surface product and expand their offering
Currently # 107 on the Sunday Times share listing .
It looks like it as it dropped out of the ST share listing a couple of weeks ago . It needs consecutive 100 or less , no drop outs .
so does this keep it out of ftse 100 at next reshuffle.
Probably one of the least commented shares on this site .
Now a bit of a correction and panic . LTH and will hang on .
The share price dived again this morning!!!
That is another week of losses how long will this be tolerated?
This has the whiff of a contrived smear campaign. 'Sarahsgems' has no history of posting and she/he/it has suddenly arrived to echo the deranged observations of a previous none entity. Proclaiming a 'holier than thou' perspective just doesn't work, particularly if you can't spell 'Holy'.