The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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So, what's been Leeser's contribution in the last 5+ months I wonder?
Revs should be growing though. They reckon 20% is no probs. Can anyone believe them.. ?? No is the answer.
Trouble is they are nowhere near break even. Business model is and always has been useless . Doing things now any good CEO and business would have done from day one as basic . Not this lot though.
Might we get some kind of update next week? All we need to know is that revenues continue to grow - even a whiff that the business is now close to running at break even would massively change sentiment here.
GLT, you still holding all yours?
Average down anyone?
Andyken will soon be the only option left at this rate
Pretty shocking really.
Even 1 x sales (!!) is worth 0.6p.......
Andy , under 1p will do me. I think that's achievable still.
Agreed but I don't think any of us will see any reward from it unfortunately LR should be under lock and key
Clarky, what's the linkedin stuff you mentioned?
Over cooked drop again
Let see if it recovers at all?
What is really going on here!!!! Stinks
Andy, thing is there is a profitable business here . Just incompetents running it atm.
The lights are going out on this disaster, I feel for everyone involved apart from the BOD obviously
Running it into the ground to buy it for pennies out of admin. Can't think of a better reason for their actions.
They have no roadmap, no clue or idea in what they are doing. They have already proven that haven't they! Don't do linkedin so don't know what they are spouting on there. Not a lot it seems.
Andyken is the way to go folks!! A duty of care to themselves more like.
Andyken is the way to go folks!!
BOD have a duty of care if nothing more than to their salaries to announce a road map to recovery or provide detail on how they intend to sustain the business going forward
It feels intentional and the lack of news release to market in favour of linkedIn posts is a typical example
The spectacular news has already been delivered. If recovery was the play they should be communicating on overdrive not asleep at the wheel!
Lyn REES Out! Out! Out!
The incompetents who got us into this mess are not the ones to get us out of it. I expect Leeser is pulling the strings backed up by BGF.
If only they were on it davand!
I've called for a sale for last 2 years but they think they can grow value and rescue reputations. Trashed both!
Sale at 4/5x revenue will do me. At a push, even 3x would do.
Surely the best outcome is a sale, or maybe a merger with a big player? They obviously can't do it alone, so for me that's the best outcome.
I did not endorse the BOD. I merely asked the question. I actually had said ..."another masterclass in talking things up and believing their own hype only to fail miserably to deliver- yet again. Surely not!!"
Hardly an endorsement!!
Still the rabid misleading stalking dog with a bone I see. lol
Post-Postscript.
It ill becomes for twix to offer an endorsement of the BOD as evidence of positives to come. The poster who averaged-down ad nauseum, lost a shed load (paper loss at this stage), and then hangs his faith on ‘the BOD knows best’ wholly discredited belief. Not even the tiered Taiwan deal inspires.