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Apologies- Stephen.moon@sisplc.com
Thanks. Sure I will do.
Believe that is correct. Might be worth adding in Henry Turcan as he’s the NED who represents around 25% of the share capital. Assume he will have an sis e Mail address.
Thanks. I will send him an email through SIS email. I assume his email address will be Stephen.Moon@sis.com. If not please let me know.
Link to Strava
https://www.strava.com/activities/9537525176
Could you please put the Starva links here?
I thought looking at LinkedIn a couple of months ago he’d had a major accident on his bike 15 fractures and a damaged lung - I don’t know how strava works, maybe someone else is on the bike or he’s still in recovery?
Alas you can’t paste into this chat, it would appear, or else I would have done. Look on Strava itself, it’s likely still there.
Please post it here and we will ask question about his don't care attitude and behaviour.
I have a screenshot from Strava with date, time & profile picture. 100% accurate. I do appreciate it’s hard to believe, hence the thread title.
I’m not sure how accurate this actually is but if it is it’s downright inappropriate and utterly reprehensible. How disrespectful to SH’s and the internal team. It’s perhaps an indication of why internal culture appears to be out of control?!
InsideStory,
Thanks for sharing your thought. He should be answerable why the SP crashed to this level and what action he is doing to improve it.
The day Stephen Moon didn’t attend the recent AGM he posted in Strava a 15km ride around central London. I’d suggest that highlights - given a truly appalling set of numbers - (1) the contempt investors are held in by Moon and (2) the air cover John Clarke has always given him. Does anyone else know of an instance where a CEO was well enough to ride his bike but not well enough to attend his AGM? About time he was held to account - I’m sure that will be top of the new chair’s agenda
Can’t believe that the Dick Turpin of this shambles of a persistently loss making company is still taking a pay cheque, truly some people should be banned for life from ever being involved in any company of any description and in any capacity and he knows who he is
Very insightful and clearly an employee or recent. Looking at Glassdoors and Amazon product reviews there is clearly something up.
I assume you used to work there or still do ?
Let's be clear what is happening currently. John Clarke 'retired" because he did not want the ignominy of being voted off as chair. Tim Wright misjudged it and stood for re-election only to resign just before the AGM - i.e he knew he had been voted off. With 2 of the 3 ex GSK self-interested incompetents now history that leaves only Stephen Moon outstanding. He's history frankly, and with that the many current and former decent people he has abused at SIS plc over the years of his commercial and organisational failure will feel justice has finally been served. The business can be really something but it was never going to be under Moon. Here's to a brighter SIS plc future.
I’m assuming Otus Capital Management we’re not happy with the way SIS is being run ant therefore ousted Tim Wright.
Suggests to me that all is not going well .
AGM this week, is anyone attending?
IMO I don’t think they ever thought an offer was likely. Even with the share price crash nobody was interested. If you look at the tone of the RNS it’s as if to say, criticise us and we’ll sell up. Realistically SIS is not an attractive proposition. They have created a company that sells products for less than it makes them.
It has also changed tack on the amount of advertising it does and this has had a knock on affect with sales to the website. So the high growth formula that just increased losses has been scaled back.
The company is fundamentally flawed and employee reviews suggest all is not well within
Surely that statement was a load of bull, i suspect the board were hoping someone would make an offer before now.
It’s all in the company financial report. It’s on the sis website if you’re struggling to find it
I'm reading considerable economic illiteracy from you new bashers. Don't make yourselves look even more foolish ehh.
All about future sales, as ever.
Thg will pick this off with kelso imvho
John Clarke was given a 40% plus payrise
Losses to date since the company was started £28.6m
Total comprehensive loss for the year was £10.9m
Shareholders losses to date, tens of millions