Just from my own experience and perspective Korg. I spoke to a senior official within the company and he advised me it was NOT the PR company but someone in the IT dept who cocked up and that that person had effectively received a good kicking. Unfortunately the same individual (who shall remain nameless) also, shall we say, misled me regarding the company results, completely unnecessarily.
I also recall the company advising last year that they were trading at more or less neutral at that point. The strong implication being that they were on the verge of turning profitable. We now know that was nowhere near the case.
So, I feel I have some justification for being a bit wary of this lot but, at the same time, I do see possibilities for recovery.
I think your mistrust of management is a bit harsh. It WAS the pr company who hashed the "rns that wasnt". As for management, all they have done is deliver on promises to return to profit. Todays anouncement was the start, at least confirms deal done. But some of us already knew that.
Also got a feeling newsflow may become more frequent too.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.