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Jack, perhaps we should also have HRH Prince Andrew on the board - that would certainly get attention of many in authority.
OK, thanks stokey.
Piltick In relation to your 13.10 post I cannot find it. The post was giving the response to an email from DR which gave answers to questions for the AGM. Sorry I cannot remember more I am not sure if any other posters can recall.
stokey: " there was a post I believe it was yesterday that financial close is due in November..."
Can you remember where that was posted - was it on here?
JackRussell2 In relation to your 10.15 post there was a post I believe it was yesterday that financial close is due in November of this year with completion due to by November 2021. It was originally going to be earlier in 2021 but because of the Covid restrictions it is delayed. So the unit will be up and running before 2022.
Why Q1 2022? DMG should be up and running in test mode in Q1 2021, will it really take another year to have a saleable product? Surely not.
Dave_1 - Send it as a question for the AGM.
Wolves
Do you think this was one of the conditions when PHE acquired W2T? Just asking?
Great post Wolves
Tim Yeo was Chairman of W2T. He must have had the support of the White family as major shareholders of W2T. It is not therefore surprising that this has occurred. Now, the Peel deal is probably done judging by the placement etc.
Where does that lead us as a company? International markets, some of which still value position, title and the past. Tim Yeo brings all of these things. Contacts within the Conservative party along with numerous foreign contacts both political and industrial. The big money for PHE wont be with the deal with Peel, it will be with these foreign countries, initially in the far East. Based on this I have absolutely no problem with the appointment. The jigsaw has another piece fitted and these are coming together faster and faster.
AS long as DR is at the company to ensure that any engineering issues are ironed out, the rest will follow. I will back DR 100%.
Wolves
Dr A 'I'm a qualified economist and do this for a living'!!
So's the wife!.
That should put another 10p on the shares, or not!!
@Dr.A Some good points but all that about TM a bit yesterdays man but I guess he can still press the flesh.
@Dabler TM's Bio - I found that even more interesting is the relationship between AFC. W2T, PHE, Mr White, AB of Russia, Panama/Malta Papers? Not to mention paying £28Mill for a company with almost zero revenue. It was fascinating research and would make a great book or programme for Panorama.
But that I hope was yesteryear, this chapter is all about the Peel Group, PHE and the DMG Technology and the sooner it comes on stream the better.
It is amazing how fickle the market (people) can be. He was on the board anyway and so heavily involved. And even Tim Yeo statistically speaking is likely to get it right at some point. The people who have appointed him have more skin in the game than us. This company is too good for Tim Yea to PHEck up
GLA
Shady it took Klopp a good season to turn the Anfield ship around ,don’t believe there is anything to turn around here just keep going in the direction we are.
Perception plays a big part in a companies rating /share price but I suppose you have to give the guy a chance before you condemn him .
Anyway another 7 knocked in last night always good target practice.
Dr Anomaly - yes it is a free market, and we are all entitled to do as we wish with our money. I am not one for hoping from ship to ship, although I did move away from AFC as I felt their direction was very poor and guess what - Mr Yeo was in place there at the tme....
I admire your positivity, however I think your comments are misplaced, how much influence and contacts do you think this man has as a 76 year old has been politician? I think any residual influence has severely diminished, and I'd rather base my opinion on actual business form, which seems to be very poor to say the least.
Im VERY torn, because I think this company has excellent potential, it just strikes me as completely baffling that they appoint an old ex politician with a more than questionable track record in business. That is a major red flag for me, perhaps a barrel is being scraped here, for political influence rather than business acumen, the question remains - WHY?
I liken this to when a football club sack the Manager and then promote the Assistant. They had their chance too to make a difference in the positions they were in. Anyway great chance to top up and let the shallow investors move on. The technology and the companies involved exist we've got great things to look forward to. They'll be back next week after the AGM I'm sure but thinking one man is going to change the direction is just ludicrous. Only man ever to change a business on his own is my man Jurgen Klopp :) Happy Friday have a great weekend all
He is well connected. It's what I hear. I don't find that difficult to believe. It's a politician's bread and butter.
But if Yeo was worth his salt he could chat up his mates as a director just as easily as chairman. i don't get this appt on present facts.
Jabberba In relation to your 08.37 post yu say he is well connected in government on what do you base that on he is a conservative and wasa formr Mnister over 20 years ago. The current government is from a different party and it si unliely that any of the officials he worked with when he was a Minister are still in place.
'well connected' judging by past record I would not think he has any credibility. But then in politics that's probably a bonus.
Agree with you 100% jabber. I cant see how the appointment of Tim Yeo changes any of the story of the last 12 months
Dr.Anomaly While he is a former Trade Secretary that was over 20 years ago so I am not sure how good his contacts from then would be.
Personally, I don't think this will make any difference operationally. The future trajectory is baked in. Peel are the driving force here and Tim Yeo is well connected in government which is only a good thing. He is definitely passionate as are Peel. I will be buying at these low prices. Don't be fooled out of your money.
Going by his history at AFC. No good will come from Tim Yeo joining Powerhouse.
Very disappointing