Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Bad enough with a resident bi-polar troll on this bb but yesterday was embarrassing on here,
Gizmo…hope you are well too.
That doesn’t even include the employer taxes and contributions made to his salary. I bet his buffet bill ain’t cheap either lol.
Hi byp you been busy..... Value for money....he thinks so
The only people who should be attacked right now are the board members and its very shoddy investor relations team and personnel. I suggest DA puts them in a different position within the company because their name alone damages the company relations with its investors. This stock is a complete joke.
Investor relations- if you are reading this, I’ll be pushing for a separate audit of the vote count come the AGM.
I’d also like to know why James Wakefield has been rewarded large percentage increases year on year for such poor performance? In terms of his time per year, that’s 15 of 16 meetings he attended in 2021. That’s about 30 hours per year (based on most plc companies).
2016 - £ 48,973 - baseline
2017 - £ 53,266 - 8.77% increase
2018 - £ 62,163 - 16.70% increase
2019 - £ 62,861 - 1.12% increase
2020 - £ 90,000 - 43.17% increase
2021 - £ 95,000 - 5.56% increase
2022 - £ 105,000 (based on 11%) - 10% increase
That’s about £2,463 per hour (210 hours 2016 to end 2022).
"No need for personal attacks to members on this board though."
saint - I do not want to rehash yesterday. though it would seem some clearly want the matter to continue
If you read the thread yesterday i was the only one that got insulted - and to be honest it is water off a ducks back.
i don't play the victim mentality game that is so prevalent these days with offence used as currency.
if you read my post yesterday you will see that I did not insult anyone i specified that i don't like salad or find a particular description attractive. A poster took this to heart - even though she said it did not fit her description and insulted "elderly men" which she assumed I was . It was all a bit silly as firstly i am not and secondly we will all get old in time . i guess most of us have relatives who would fit this description too? not sure how they would have liked these comments!
Well that 100m is a complete red herring for me and I've duly ignored it. They couldn't predict Q1 revenue at the end if Jan so forecasts for upcoming years are irrelevant. They have to to put out something I suppose, but forecasting for the future considering the transition now taking place is nigh on impossible. I'm more concerned about short/medium term.
johnny
James McCarthy - same day, - even more disappointing, - no hint of how it will be achieved:
"If you look further ahead we are calling on a figure of £100 million of revenue in 5 years and just to be clear this does not include any acquisition activity. "
I agree DA has done NOTHING to improve PI's confidence in the company. He doesn't tell us ANYTHING about his long term or short term plans going forward, his strategy - nothing at all. Why is bio reducing their holding - isn't that a sign that they no longer have confidence in DA or the company's future. It would have been very different if the company had II - they would have been duty bound/obliged to update them on a regular basis.GLA
Hypocrite,imo, thats keeping it short.
Now back to waiting…
Good Post, BH. I was disappointed in that answer at the time, it's vague and is basically stating they hope the strategy will attract investors. They need to be a lot more proactive on that account. Progress and actions on achieving the strategy is what II's are interested in, not empty corporate speak.
The ceo and BOD certainly deserve a lot of flack at the AGM .
I also have a holding with SNG and at least their board had the courage to meet face to face with share holders , I hear they even introduced themselves to many of them after the AGM.
That shows guts and respect for share holders .
Our AGM is being held on line .
It speaks volumes .
I’m certainly not impressed with our new CEO or the share price .
No need for personal attacks to members on this board though.
Hi B2HSL..... Its a plan....white knight...... Price for game... 25%...price pressure bio...share buyback ... Rns favourable contact outlook... Bio control rise.... Rns victory... +....Good will Spike... Controlled decent... 3.50..... Bio exit lot richer.... I aint been happy a long time 2 things happening at once.......im glad i see the negative its bloody helped.... Its lethargic in everything its doing... Waiting..
completely agree B - and this is why some many posters have to come up with the most tenuous links of any article anywhere remotely connected to diagnostics and companies liking linkedin profiles. and this is passed off as "deep research"
it has been 3 months since a very verbose but non substantial presentation in April. we are invested in a company which either still does not know exactly where it is going or chooses to not inform the owners of the company - retail SH
bio deciding that they are no longer so interested and disposing of some of their holding in my opinion shows that even big boys are losing patience with a ceo who has quite honestly delivered no value since taking over - only the destruction of the SP
@b2hs2l, absolutely concur.
"AGM in 2 weeks, take your frustrations out on those who deserve it."
Nothing to discuss, and a few hot heads get their kicks taking chunks out of the LTH's.
Yesterdays posts, now deleted, are what happens on bulletin boards when there is a total vacuum of information from BoD.
Each shareholder is expected to put up with this scenario, whilst seeing the value of their investments dwindle week on week.
From the 'Investor Meet' meeting shareholder question 4 was
"How do you anticipate increasing institutional support in the business, and is this important to you?"
James McCarthy answers: "The first thing is to acknowledge and thank the existing retail shareholder base, we are conscious of the twists and turns along the way, it hasn’t been an easy ride.
I think institutional investors, - yes it’s desirable, it’s something I think the strategy will attract, So part of the strategy - giving all future investors more certainty about where we are going to invest our money how big a business we think we can grow, - our right to succeed in the chosen areas we compete, - that’s part of building the strategy and the story and I think and hope it will attract institutional investors and reward existing shareholders, that’s clearly a priority."
With the sp dropping from £11 to £1.50, it would be in the BoD's best interests to try to steady the sp by putting effort into attracting II's.
That would mitigate some of the sp movement - but no such effort is visible.
What would be their chances of success when so little information is released?
No info = no II investment = more sp damage.
The AGM provides the only point where shareholders are required to validate the proceedings by registering / voting in sufficient numbers.
We should not be registering/voting, and using those missing votes to send a message to the BoD that their way of leading a business is not a way that is recognised as being successful by any shareholders who's funds are locked up in this sp vortex.
GM went quiet and DA has never been vocal, common theme - James Wakefield.
Sort out the comms James, PI's are unhappy and you have few II's, one reducing their holding just yesterday, possibly for the same reason.
Mandy please share this with JW, we know you monitor this board.
Half of yesterday's posts deleted because people can't help getting personal. If your position is so weak that you have to resort to insults then you should probably keep your thoughts to yourself otherwise you're just wasting your time at the keyboard.
AGM in 2 weeks, take your frustrations out on those who deserve it.