Better to be presenting / speaking to an audience who have chosen to be in the room for that topic, than smiling at folks wandering post your poster, looking for refreshments. Big difference imo. It’s a talk, 30mins allocated for it and another big chance to impress / raise the Company profile. Don’t care what the market thinks of the RNS today!
Jatw - lots of different words in your response but seeing straight through that, you are saying the exact same thing I posted previously ie. you have no confidence in the growth and status of the Company in the short, medium or even long term. In response you have simply underlined that.
But you remain a Shareholder!
PS: My user name has nothing to do with football.
Jatw you say “ they are operating a small company in some small market niches and I dont see anything here to change that even if they do increase sales by low teen % for a few years”
Translates to you having no confidence in the growth and status of the Company in the short, medium or even long term.
Are you actually a Shareholder here?
Greater clarity……
https://www.londonstockexchange.com/news-article/DSM/result-of-meeting-special-dividend-announcement/16406474
Wasn’t the Downing wind down blocked by Milkwood?
https://www.morningstar.co.uk/uk/news/AN_1712161896305451400/downing-strategic-wind-down-blocked-by-new-shareholder-milkwood.aspx
Can’t deny there is risk attached to M&A. However, there can also be reward that propels a company forward, rather than treading water (and the SP doing the same or worse). From what we’ve seen since Dec 22, they seem to have got it right with HL Healthcare.
Wouldn’t class Earol as a small brand Jatw, hence why they bought it and as I previously said, there was hint of further M&A activity from Jerry Randall. That would be in addition to any in-house product development / launch which they say is “ready”.
Hopefully this brings in some PI’s who are unsure what to do with their £20k ISA allowance this tax year. Also in general, yesterdays positive update will have been shared across various other media sources and has had 24hrs to sink in.
Thanks Krull.
I’ve watched and Jerry Randall appeared convincing when talking about the strength and direction of the business. It caught my interest when they spoke briefly about M&A and I got the impression there will be some activity in 2024.
Particularly like these……
· 5+ new key VLG brand products in the pipeline, ready for launch across 2024
· Group net leverage7 reduced further to 1.15x at 31 March 2024
“Ready” for launch would suggest inside the next 3 or 4 months which if correct, would therefore impact 2024 bottom line significantly.
Some photos from the 2024 Conference that you may find of interest. Could be one or more of the photos shows Ballroom 20.
Guess there is disappointment in some quarters that there was no RNS today but who knows what conversations took place and with whom and what the outcome might be from those, in due course.
https://www.aacrmeetingnews.org/attendee-map-gallery/