The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Fyoz......it is great news and if there was positivity around the company just now we would probably be 20% or more up.
A company like btg taking an interest in moving forward with qed is a massive green flag give how varied they are and they now move into prime position as our suitor imo.
Alas, the company is now in an awkward position and the market wants to see more by way of a turnaround in fortunes before we get any proper reaction.
Red......in your email you said that shareholders would organise to stop a massively diluted fundraise.
And i never said pay yourself less or nothing, i suggested a suspension of salaries to a later date when cash is available or taking shares in leiu of salary.....if these shares were to end up being worthless, do you think after taking millions out of the company for years JM would have much to complain about.
Your view is clouding the water mate and instead of being pro active you are providing the bod with a nice cover.....instead of threatening them with boycotting a placing unless they acheive a commercial deal you would be better served lobbying them to reduce costs by way of salary suspension etc etc, which will reduce the size of any placing, extend the runway with that money and if done in the right manner the market might respond favourably too and they might get the placing away at a higher level.
You are going at it ass over tit😂
So lets get this right....you would try to stop a fund raise and probably force the company into administration rather than suggest alternative routes so that the runway is prolonged....i dont know how you can consider that school of thought leverage.
If they could announce a commercial deal now they would, if they could announce one in 2 months they will but they cant magic one up because they shareholders are threatening to put the company into admin.
You need to do better....are you one of the bod👋
I cant be bothered looking at back rns but i would think they still have authority to issue some shares without approval......correct me if im wrong?
Its a fair email but i think you should have included a suspension of salaries for certain bod members or a reversal of salaries into shares for a period of time......and what the hell, if they are confident why dont they do a small placing for insiders only, that way they would not huge broker fees!
Where's haggis?
Its also more than possible that BTL will takeover qed when the time is right and if things go to plan so hopefully the agreement is a precursor to bigger things.
Lets see if a corner is being turned👍
They are a huge business so that is very encouraging.
Is this a preclude to them being the tripartite supplier.....would make sense i think?
Unfortunately its starting to look a bit dodgy that any negotiations are actually ongoing for the fuel supply.
I was hoping for a while that the parties might have been leaving it to the last minute so that the commercials would be better reflected in the contract and that might still be the case but the longer it goes on you would have to start fearing the worst.
I said a few months ago that a lot of things might be falling just right at the same time.....but in true qed style😂
I must admit as the days ticked nearer i was thinking about putting some in but thanks god i did not and hope most have not went heavy.
Vlad should have been gone with what happened on cdx and mint.....the bod failed to take actions as shareholders suffered.
Instead they put in a 'board watcher'.......a biard watcher ffs😂.
Further failure by the bod to take action here only reinforces the view that they are only there to pick up a few coins along the way.
Its not the end of the world but as a ceo he is a first class clown and its gualling for shareholders who have put money in here to rely on him🤷♂️
Thanks for posting the vid, the bit about customers is interesting but she was trying to flanel over it and ended up making a huge mistake when she highlighted their turnover😂.
There's no doubt when you look at the amount of companies in the eco fuel field that the transition is gathering pace but that pace is nowhere near what governments etc are projecting in the targets and a huge market for fossil fuel will still be required come 2050 and beyond imo.
So, there's plenty of opportunity there for varied alternatives but where are qed.
The bod need to make a statement of intent and either complete a deal in June or suspend the salaries and provide some definitive guidance to shareholders and the market!
Its long past bedtime but they still playing tiddlywinks😂
Wow...finally👏👏👏
Cant wait to see how many shares haggis has😂
That would be fair enough if it was only about a part failing but its not.....nowhere close.
Its the timescale of things relating to how much cash they have, morocco is just another small cog in the projects that are being extended for trials and commercial possibilities.
Jm has made serious money out of this business while shareholders have suffered massive losses.....i dont think it would be too much to expect a 'suspension' of salaries of certain people who could afford it for a period of time to help the business through the hump.
And it would send a decent message to the market and potential further funders.
If your happy defending the bod after every failure then fair enough:)
The bod should make a move too calm shareholders and the market.
Without any obvious good news on the cards and a possible raise on the horizon....they should move now and suspend salaries for at least 6 months until the route forward is clearer and extend the finance runway.
And in the meantime, exploring a route to sale....are they the wrong company at the right time?
Both rns are annoying, to state that a client has been awarded licences when they have not is very worrying....i dont know how such a mistake could be made but JM has commented on the update so wtf has gone on there, if he did not create the content then surely he read it!
They might be busy but they need to get some decent news out to the market pdq.
I can sort of understand the leandra part because if they had said that she had left port then they would have needed to explain the next step and they are clearly not in a position to do that as of yet.
On the face of it and in the current climate, you would have thought that buying shares in qed might be a nice easy hold but what a nightmare the last 6 or 7 years have been🤷♂️....chin up!
If you want to look further back months and years, i have always said they should sell it.
If they were able to get something over the line then that might be different but here we are in limbo again....morroco agreement running out amd we dont know if the trial has even started or will start before the agreement is terminated and given the silence its even less likely the client will proceed anyway.
The americas are just a joke and while you would like to hope that something might actually happen with msc, i would also not be surprised if that opportunity evaporated also.
Its very high risk but the product has value in todays climate so in the event that nothing is actually about to happen....
I would rather they put the business up for sale to see if they could recover something for shareholders that way instead of raising more money under false pretences and keeping the gravy train going for another couple of years.
Maybe they have been unlucky but they have let shareholders down massively over the years while they have gained handsomely so maybe its time to call it a day and get what they can imo.
Wow fyoz.....are you JM in disguise😁
Defending is one thing but your pushing the boat out there.....one proceeds the other surely.
Too much of a struggle here....the bod should do the right thing and put the business up for sale, shareholders here have suffered enough imo.
I think pi's played a fair part in lobbying the company to go down the bio route which might just be the catalyst to sealing the deals.
Msar in most cases followed by biomsar as its becomes more readily available....biomsar in certain cases where it can be procured to satisfy the requirement.
Works for everyone and would tick a lot of boxes for the likes of msc.
The results are what i was expecting, was hoping for something tasty but as long as there was no pull outs then that is the main part.
As such, have backed then with another 5.6k to bring my average down to 2.5.
Not happy with that but this sp will be morphed on the hint of a commercial deal.
Can we get serious here.....
I have held because i think they will sell and it will come about quick.
Although its been said a million times here, a lot of stars are aligning at once and im a lot more confident than i was say 2 or 3 years ago.
9 months left of this calendar year, lets see but i think we could be in for a bumper few quarters.
The time is right now imo.
Not been able to look at this for months....what the heck happened here, i hope soh has got some good news around the corner because now is not the time to go missing!
Did your team get knocked out the cup last night don........you sound like rab c nesbitt:)
I think english is not your first language, where you from if its ok to ask?
Your not sicilian are you?