Ken has affe ear. Look around at AIM, and then decide wether AB is doing a bad job. He is doing things. Market against. In these low times, don't let the likes of AFFE and toxic win. These guys have a vendetta against AB. It's personal and they don't care that it will take us down with RRR. They would be ashamed. They lost, and want us all to lose.
The question for the "no" voters is do you seriously believe Andrew can stop this share from falling to 0.10p? Because if you don't believe he can then once we got to 0.10p we affectively would't be able to get any more loans because we couldn't give discounts below 0.10p. So we'd be finished!
So i'd sack AB (HE MUST GO!) and to protect our ability to get loans then of course vote through the lowering of the nominal value.
Finished converting a wharehouse in east london into office space.office that houses 8 people and more 2 k p month.how many more salaries does he pull.he will walk away a wealthy man and do it again ,it is us suckers that feel the real pain.Again i compare my 2 holdings in cnr and rrr,both bought in 2010. Cnr .98 rrr 3 p.both had similar shares in issue .rrr with a larger m cap. Taking into account cnr consolidation shares stand around 3.5 p with under 1 billion shares issued mcap near 50 million. Wont bother stating rrr figures ,they may well have changed as I write.cnr also sitting on a fresh injection of 6 million so well funded.cnr ceo holds 10 pcent f shares.this is my personal long term experience .I have bought in both along the way .cnr slightly down.rrr are a write off in my eyes.if el limon money doesnt happen we are doomed mr mainwaring.
He's picking up the same again as RGM chief, who of course share our premises and staff etc.
As mentioned before, why not merge the companies as that would make us both stronger, as the mcaps and sp are a similar level, we share premises and staff and originally RRR was actually spun out of RGM, then it would make perfect sense imho.
Our big paid workforce & premises in my opinion are killing us because with them they mean guaranteed dilution. Some AIM companies (unpaid bare minimum workforce + cheap out of London offices) can get by on minimal dilution until the next project comes along. Unfortunately with how AB runs things that's not possible for us.
If we sell El Limon I'd get rid of AB because with his bloated workforce and expensive premises the money will not go far. I'd rather a new person takes charge and we move out of London with the minimum workforce. Unfortunately full time secretary Natasha would have to go because the new person in charge would be able to answer the phone himself/herself.
If El limon doesn't sell I'd still get rid of AB and do the same as above because let's be honest AB is a despised figure in AIM who most think is abysmal. So if we could somehow get rid of him and d_s could temporary take charge then with him gone I'm sure our share price would rise.
In a circumstance of ousting AB I'd have no problem with lowering the nominal value because I believe without AB running things our price would rise and so lowering the nominal value would be prudent but I suspect not really needed.
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.