Member Info for Batfasted

Aspers. You appear to be an argumentative idiot. Is aspers short for aspersions directed at Billzo?

Poker.

It is not odd to keep him for a couple of months after a sacking. It is the normal process. They need him to keep quiet and so remain gagged while the next bloke gets started.

The market thinks that the sacking of the CEO must mean bad results are to be announced and so the sacking is advance notice of poor results.

The worrying thing about this good news is the timing just before the year end. This might be because they know the results are bad and they can blame it on the outgoing management.

Hey Rogue. Nice Post.I feel the same but when do we start to see the increase in SP?

Should say. …investor from Dubai….

You two squabbling like children are very irritating. Have you noticed the RNS? It appears our investor Rome Dubai bought another 1%. Divert your attention to this news.

I thought I might get a sensible answer from someone intelligent.

Why are there three trades for 1 share and one trade for 7 shares this morning?

Sorry Billzo. I thought we were talking about somebody’s suggestion that there might be a buyout offer. In such a scenario, I don’t think £2 would be anywhere near enough but £3.50 might be. Pure conjecture because someone from UAE took a small stake.

Billzo. Your post makes it obvious that you think £2 is enough. My question is why would you do this?

Yes Rogue. I agree we want to get over £3.50 per share. The chairman bought in at £2.76 I think.

The CEO said will be £6 by September 2027

Does anybody know anything about the circumstances of this big buy?

Both old and new were underwritten by LV.

I forgot to mention the Saga policy was to be underwritten by LV, not by AICL. Is this significant?

The Company has been knackered by the management. Who is the director responsible for insurance and who appointed him? I had a 3 year motor policy at £302 per year and renewal offer with no changes is for £666 per year. I had to ring Saga to cancel my policy otherwise they would renew it and so I spent ages listening to “we are very busy”. The young chap tried very hard to reduce the premium but couldn’t get it down very much and in any case too late. I got a new policy from Aviva for £375 per year. There is some market research for them but this is also too late and I doubt they will ever learn.

Has anybody looked at the Saga App? It is the most appalling amateur attempt at an App that I could imagine. Somebody in this business is being paid a fortune for pushing digital business and the CEO is pleased with their efforts.

I agree fully with Billzo about the management. However, as with the rest of you, I have no idea what the results will show. Probably good travel and cruise results, poor insurance and a lot more BS about new digital ventures. I say sack them all.

There have been more shares bought than sold today so the price should be rising due to normal market forces. Something else at play to make price fall.

Velindre

They will be” “read the riot act” if they do not sell AICL as promised. As Billzo says, the management are funding their lifestyle and filling their pockets at the expense of shareholders and using the Chairman ‘s funds to keep the gravy train running.

Hi Billzo. I am still left in with a massive holding but I totally agree that the CEO is raking in free shares, excessive salary and free cruises and should be stopped. He won’t resign because he has got the best job in the world. Surprising he could get such a job looking at his prior record. When you look at the fact that the shareholders are getting nothing, it is surprising that they keep voting him back in. What can we do?