I see that as another potential benefit of a negative vote RBMInvest. For 2 years they have struggled to rope together all the myriad private investors to agree resolutions. This years its been much more organised, but they may well still fall short, particularly if a decent number of people vote no. It may then force their hand to try to bring more II in to reduce the need for this annual game of catch the shareholder. If it forces them to bring in new brokers to get II support, or provide a clear investment decision for them then all the better for us. Its acedemic though anyway I feel, it will pass.
For me personally if a negative vote is the consensus (which I would be utterly amazed if it were by the way) then it matters little what short term impact it has on the share price. It's already massively below fundamentals, so a bit more makes no difference to me at all. However it may well have an impact on the board, in that they may understand finally that they can't just take shareholders for granted, and that if they want to prosper then we also have to prosper, and not as it is now where they prosper at our expense. Many of us are angry at how they have allowed us to get to this Mcap position. if they have big dreams to make us midcap then they'd better start showing us exactly how they will do it, and we'd better to start seeing capital gains, not endless capital losses. I've drawn my line in the sand, no further support from me until they show positive action for shareholders.
I don't think it sends the right message agreeing bonus incentives etc after investors get screwed. I get it's forward looking, but if you took your approach you would always agree everything in the hope next year will be better, bad performance would never be penalised. If they come back with performance payments directly linked to shareholder returns I will 100% back it, but not a carte blanch right to incentives at their discretion.
Sent mine in as mentioned but I voted against. I dont reward failure, which this year has been. Each person can vote as they wish, but mine went against. I expect it to pass mind you.
Thats not accepted ChasPB, you can do that to go to the footie etc but its domestic. To travel you need to book in to a test centre for an LFT or video LFT etc. Has to be a proven test, not one of the joke tests from the NHS. I imagine many will try the free ones of course, but I suspect closer to date the gov will do a big info drive to tell people thats not accepted, and you run the risk of being put into isolation/fined. Another logistical mess theyve created for themselves of course.
Im not 100% on it but I believe that you can't just use one of those in the post free chinese lfts as proof for travel. I think you have to get an accredited one you pay for to fly. Otherwise the gov effectively subsides travel, not to mention no one will actually take them, they'll just scan the barcode and put a negative result regardless.
Makes me laugh how other LFT providers just went up 10-15% on the news, but we (who have lfts available the same as they do, all pending home approval) don't move an inch. Market sometimes forgets we aren't just PCR testing. Could be a cracking day for us tomorrow when it filters through to people. Perfect day tomorrow for a new product RNS NCYT, hint hint nudge nudge
Might try that down the car dealership. What do you mean by selling me this 2019 porsch 2 years ago, you've got a 2021 one now, I want that and a full refund for the 2019 model I've been happily using for the past 2 years...
It's relative though Brentw1. Lets say we are disputing c£70m. Unless we are going to make more than that profit from them in new deals then I'd sue them. To be fair I suspect they expect more than the £70m in additional business which is why they've taken the softly softly approach. But need to see that come to fruition otherwise it's time to sue them for payment.
I'd even go as far as saying I would take them to court right now rather than arbitrage. Why arbitrage when you've factored in the worst case scenario into your accounts, sue them and get the money back and costs. No point messing about anymore, sue the life out of them.
Hard ball all the way now. Why would we do them any favours if theyve made a mess of our company? Only way i would even contemplate engaging with them on a new contract is if it was substantial (I'm not talking 10-20m I'm talking 100m plus), and it has to be paid 100% upfront, caveat emptor no refunds. Other than that knock yourselves out with the Chinese rubbish.
Its the usual thing, get to the bottom of the range then trade up to the top of the range. You can usually tell when its about to turn by reading the massive increase in nonsense that gets written on this board. Works everytime, more percentage of green boxes there are the more imminent the price is due to turn.