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macy has been wrong about more things than right, he is mostly right about pies recommendations though ... I have no idea what he means, these days everything is a puzzle
I'm not sure about Malcy's logic, though, Daltry:
'The company has made it clear that there is no financial, legal or regulatory reason for his departure and that recent weak share price performance I assume has been the trigger for the smoking gun.'
Why would Malcy need to assume something that the company had made clear?
LW - that is much more acceptable.
What do you mean by 'smoking gun'?
According to Malcy:
It seems that at this challenging time for HUR that Mr Stobie has paid the price demanded by angry shareholders and has died by the sword, so to speak. The company has made it clear that there is no financial, legal or regulatory reason for his departure and that recent weak share price performance I assume has been the trigger for the smoking gun.
I reckon confidence in him was lost by institutional investors. Let's face it, wasn't the best really.
maybe the cfo resigned because the board want to sell out for a acquisition bid, could be that too and it does happen when people don't agree with strategy. I have seen this happen with many other companies.
Oilheadgame - I concur with your sentiments completely. I just thought it would have been more prudent to remove him after the CMD, or an announcement from him that he is moving on after all these years. This sudden departure sounds like “keep him away from doing any more damage”. This present RNS is a bad call.
perhaps a flight and taxi guy.
I want to know.but nobody liked him how he has performed at hur. I'm surprised he has lasted this long. people give credit for 500mil fund for Lancaster with spirit.but look what it has cost LTH like me. phuck all for us. private investors prior to hur getting listed on aim is even more ****ed. main market listing , there was no progress. overall he has has beem a terrible.
Oilheadgame - Not possible, I am in Tenerife.
It seems you are in a minority (or are a minor) about who wants to know.
Do your own thing, and stop ****ging others.
exactly right Daltry - I made the point yesterday that this is a very bad signal to send three weeks before 2019 financials come out. Just hoping there aren't some big accounting errors that have been discovered from y/e audit. I suspect the picture is bigger - ie he has failed to successfully cultivate relationships in the City etc.....
daltry have you got the balls to take a taxi to guildford and find out? think not.
stop your nonsense and get back in line man. wait for cmd to find out about operations and don't expect a 10min presentation on why stobie left cos no body gives a fk.
Hur does not look so bad where it is now does it, considering where everything else is.
I would still like to know why Stobie had to leave his position.?
The appalling timing sends a ‘ trouble at mill” message.
I am not deramping. . I just want the truth and clarity?
Too much to ask?
Come on BoD , finger out!