Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hop,
Do one know a lot about phd but sis has a great product range and market position - giving ltip on brand reputation should not happen as a move of 1 or 2 percent won't make much difference now.
More cyclists out again this weekend than ever, I think the growth should be in amateur rugby / football moving to proper nutrition not half time oranges.
The ltip should be a mix of revenue and cash, with gates based on absolute profitability and nothing for a loss.
Well that STIP/LTIP bonus looks like value for money NOT as we edge ever closer to sub 30p, at a time when cycling is booming no doubt next year it will be the same again, sales percentage up, zero profit as usual and losses increased and so they will award themselves another bonus from non existent profits, no wonder they changed the STIP/LTIP and removed the profit goalpost, it’s almost laughable if not tragic how they keep taking bonuses for trashing share holders investments as the SP is down nearly 20% since their last joke bonus announcement, great work if you can get it
No surprises here, still has his snout in the trough, must be due a DIY bonus soon going on his previous history, as for both the STIP and LTIP that only reward failure and the inability to turn 1p profit then he truly has no shame IMHO, how many consecutive years of losses and counting
That is a slanted critique IMHO.
Clearly the pandemic was always going to impact short term performance, and the share price reflected that on lock down. That must have turned some profit in to some loss for many holders. However, the need for fitness and regular exercise is more valid than ever, a benefit to the two brands over the medium term.
Taking this massive bonus does grate on nerves, really bad timing IMHO
Joner,
I am no longer a shareholder so haven't looked at the detail.
I sold my shareholding when the last LTIP was changed retrospectively after the terms were not met, so even if you are aware of the terms of the new agreement these may change if they are not met. I am a shareholder in CNS corero where their LTIP was repriced and extended, similarly outraged.
Absolutely no problem with senior management being well remunerated for exceptional performance provided these align with shareholders. From floating at 55p and numerous placings at various prices shareholders have not been well served.
Don’t worry Skid I found something- the measures are Sales Growth and Brand Reputation within the enlarged group (I’m not wholly certain what this means)
It looks like they’ve ticked the boxes by selling more (albeit at Lower margin and still at a loss overall), and the brand reputation box has been ticked off by ref something called the Midmover report 2019 which I’ve tried to google to review the relevance of and can find nothing.
I may contact investor relations to see if they can send me a copy.
Skid - can you give me some detail as to what the performance measures are in the LTIP.
Is revenue, profitability, share price etc or is it subjective things like “brand equity” and the like.
Like Alf I genuinely have no issue where executives are well rewarded for great performance
Alf. Glad to see you coming round.
As I have said before, as as a cyclist, their products are great.and this company should be a great British success story. I feel all decisions are basically based on how to make moon's wallet fatter.
I was a shareholder until the ltip change rewarding complete failure.
Don't normally dispute exec pay, but this does look a shocker under the circumstances
Seeing STIP and LTIP options awarded when the share price is 51% Lower than when I invested just before the PHD purchase.
Very gracious to comment it is lieu of cash. What are the performance measures exactly does anyone know?