Jam, have been in and out a few times at MHC. Not in at present, but do keep an eye on it. A bit underwhelmed with their wellness offering and not sure it will sell. I notice the Amazon venture didn't go too well.
on the flip side (if there is one) if you feel they won't go bust then there could be tremendous upside from here. Quite a few buyers today seem to think so. What are the positives here now. if any?
at least the board numbers have been seen to somewhat. Looks like he has been running it into the ground on purpose. No rns, radio silence etc to get to this point. All part of the big plan eh?
Jamrock, you are correct. I did call it out at the time and like you sold most of my holding quite a while ago and now only keep a relative handful. Have been selling down from just over 12p, thankfully!
if nothing else he needs to taken to task about the no need for any more cash comment just a few months ago. So what has changed so drastically in the last couple of months to warrant a placing at these ridiculous levels? Where has the cash gone?
my guess would be Bill Chang who has been selling. I can't see who else it would be, then again isn't it reportable if he is selling those big numbers? Should also hear soon what they are doing with Taiwan.
a few months ago in the presentation LR said they DON'T need any more cash , just need to execute on the many organic growth levers they have. Also the business is seriously undervalued and now is great time to invest (3 months ago)... Hmmm!
GLT has given many many reasons why it's not game over.. and what has gone so wrong since the Sept AGM when they were confident and would hit forecast?