RE: Seriously weak CEO appointment2 Nov 2024 16:07
Probably the first thing MA will do is boot out the Kamani lot ….. i hope he takes over or takes control. They will be desperate to keep him out. I can see him just making an offer for the whole company if he doesn’t get his way
RE: Seriously weak CEO appointment1 Nov 2024 21:57
Hard to see MA accepting this. I would expect all out war now. Kamani has effectively said this guy is better choice than MA For CEO and MA you get no say even as the largest shareholder. MA isn’t afraid to get the gloves off. The prize for him is seven hams and using all the online infastructure for his other brands.
MA is a gentleman. He will come along with a wad of £50 notes, kick them in the nuts and chuck them out. There days are numbered and they have had their chance. The only question is at what price
I doubt any collaboration…..all out war. The big man usually gets what he wants. Debenhams was the one that got away, and i suspect he wants to show Kamani who is boss.
It’s amazing what has gone on here and betts is still around and on the payroll…..it’s been a complete disaster in the best gold environment ever….there is hum producing hardly anything and constantly taking out new payday loans to keep the lights on. No wonder the SP is 6p
The dividend is nice but the gains at the current gold price and increased production will be huge. We even have the added bonus of a weaker oil price. Happy to sit and watch this go up.
I’m glad to hear other investors here. These guys are swimming in cash like no other industry……wait until the next quarterly update for signs of life and the following quarterly update the herd to stampede this way……not just endeavour but the gold stock producers.. although Endeavour is super well placed.
I’m surprised not more interest here considering it is payday tomorrow (31p per share), with the promise of buybacks and some increased dividends to come with the rising production and gold price.