We would love to hear your thoughts about our site and services, please take our survey 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.
Just an errant pound symbol. Don't have a çow man.
It's only worth something when they start to produce
Not sure why you got ticked up 5 times for stating your doubt about the performance of Scott to the tune of 30 million pounds worth of shares..slightly misleading and inaccurate is it not ?
This is becoming a waste of space it's not going to sell anywhere near what folk are predicting this is why it's being held at this price.
In effect, they value the company at £2bn.
Addicknt,that's good hopefully soon then as this is dragging on too long now imho
have upped their price target to 65p.
Didn't Scott state in a recent presentation about rewarding the under performing culture. Well Scott - I can't see so far where you have performed to the tune of £30m shares.
Bottom line is that Maxit will be doing the heavy lifting here and not Caldwell so what will he be rewarded for what - assuming the title of CEO of a zombie company? All shareholders will have the opportunity to vote against these confetti options when the company gets around to arranging a vote. Of course it will be more difficult to vote this down with recent dilution but if all PI’s make the effort to do so along with BHP, NCM and others there must be some chance it is voted down. Why not simply award him a bonus on successful completion of a deal rather than risk the ire of weary shareholders? Makes little sense to me but nothing which this company does makes any sense. No wonder London markets are losing out to other financial centres. This will continue going forward that I have no doubt as Boards know it is quite easy to shaft retail shareholders.
Quite right Orthern. If they had an ambitious strike price, then I would feel his interests aligned with ours. Not now.
As I said earlier, I think he's got a huge option package because he won't have a job very long. The company obviously can't say that but that's how it looks to me.
He can't wait until he's actually achieved something to have the options awarded to him as his position is to make sure he won't have a position soon. Would you set up your reward first or hope you can do so at the end when you aren't holding the cards anymore ?
That's why I think we are close to the first offer.
Orthern …. Fair comment
To me the issue is, should they have waited until he has at least achieved something, before offering him a fat options package???
So far we have no sign of him actually achieving anything... shutting down operations and cutting staff is not an achievement.
Should the strike price have been more ambitious?
most seem to think this stinks, without anything tangible the board can point to justify it.
Should he have said, ‘thanks but no thanks?’ Would you RK?
10 millions profit at 50p, what about at100p. Oh forget..
Afternoon all.
26th April 7,000,000 25p employment options expire...it was 8,500,000
Pinot
:0)
The fact is that these options dont cost us a sou...and there is zero dilution until they are exercised...
Which let's be frank will be when there is a successful takeover bid...
And they wont cost Scott a penny either because he will exercise and sell at the same time, leaving him pursuing profit...
But at 50p he makes himself a £10 million pure profit...for what...?
This is simply greed...pure and simple...disgusting.
Hello 338 is that MMS ??, someone posted these trades and what they meant a while ago ,can't remember who it was though
Or is that 12= afoot:):):)
Hello 11 trade ,me thinks something afoot imho
Big fat bonuses being handed out, for a final skim of the cream . Imo before being sold.
Every bit of news for the last 2 years ( since I have been invested) means a bid is coming soon.
If a bid arrives in 5 years time you will have the usual suspects saying I told you it was coming(soon).
I’m irritated .. and not irritated. If we want to load up at 17p, well the shop is now open, fill your boots. I like the idea of tiering the quantity based on share price. I suppose we can be outraged when they put modifying the directors reward scheme to the AGM but will we even exist. North of 50p and release from this torment will do me now.
dbw, I think march April is the usual period of the year for SOLG lining their own pockets. We had the same ahead of the pfs last year.
To be blunt, I was expecting it but must admit that I never saw 1% of the company shares being handed to the CEO. I think I would have been spitting bullets on 20m shares... but 30m is just like sticking 2 fingers up to shareholders.
We haven't heard about the other options and rewards being planned yet! Can't wait to see those revealed and suspect that won't be too long either. In meantime, we are all kept in dark, starved of news because the BoD's don't want to inflate the share price and then issue options at a higher price.
I think we'll here some expletives from BnC pretty soon!
IN one RNS... Scott has turned from hero to zero. Very fast indeed.
Like the optimism but the other option is that they don't care.