Member Info for DabberMan

Well, @Sisteract , what you say about profits and cashflow is correct insofar as financial institutions are always happy to work with a business that actually turnsover money., it shows their product sells, thats all. Except we are not talking about financial institutions, or at least I am not., i am talking about small investors who deserve better from the people who manage the companies. When I go to work I do so on the understanding that I bring value to my role, often its easy to measure in terms on money I save the businesses I work for sometimes its not so easy. In the event I become more cost than reward to my employers how long would I last eh ?? Not long.

I have seen many companies trundle along making minimum profits, in fact all they really do is pay the salaries of those sitting on the board (these people may have multiple roles and companies-who knows) . Its simply not good enough for these people to not be measured in real terms, and when i say real terms, I mean doing some actual hands on work, for example this share price has fallen so badly I genuinely think the directors should be out doing other jobs with any money earned being paid to the company. I dont think its to much to ask that the people whos judgement has cost so many investors so much money be asked to work to replace that money, its the principle.

I doubt anyone with a proper grasp of the fundamentals would invest in this company now as I expect they dont make enough to pay the milkman let alone return on our investments

Well, this is the first time ive posted for donkeys years and I guess I want to have a moan. I read a few posts on the BIRD board mentioning how naff this share is for some people and I guess Im one of them, i do accept its my own fault for holding these shares since March 2021 but I also cant help but feel theres a general problem (aside from my ignorance).

Why is it that directors think they can keep getting paid when (in the case of BIRD and my investment) the company share price has collapsed 80 percent ?

I am making this statement after many years working in medium and large companies and knowing just how limited in their intelligence some directors are, its been pretty obvious to me over the years that directors dont actually "do" much. When a company share price has declined so significantly questions dont just need to be asked, they need to be answered and this means cutting anybody that does not perform a value added task as the wage bill and pension bill only gets bigger the longer the wastrels are employed. This government (like many) wants the british public to invest in uk based companies but when you see a record like BIRDs who in their right mind would put their money on this ??

I would dearly like to know why this share price has declined so much? Is the product they offer no longer popular ? Is it now superseded by something else ?

What has happened ?

How do we find out if the BOD ended up paying any compensation or anything ?

Well thats £3k down the swanny.

I am heartily sick of entrusting my money to directors to do some good and maybe make a few quid and then getting shafted. Each of the BOD should be liable for £50k of the company debts I thought obviously this is not enough of a penalty to make them pay more attention to the forcasted cash runway which I am pretty sure their accountants could have shown them. Lets face it they have all the numbers and also a clear view on what has or hasnt been tried to work to increase revenue.

So they waltz off into the sunset after stringing everyone along for years and done get penalised... How do we find out if the boards paid a penny in fines ? does anyone know ?

I for one want something done about this BOD, they are conmen who did nothing improve the company whilst watching it sink downhill, other than take their salaries and pensions.

Dabberman

Is this post message thing working ?

Right folks, i have a small amount of jog shares and i dont know much about the business i am afraid, so i would like to ask those who do. Whilst this business is on the AIM whereabouts is it registered for tax purposes and would this registered business address possibly make it immune from and UK parliment windfall rules?

Hi Pedsy, interesting, thanks for mentioning that. So presumably the board were confident they could pay this debt off early back in 2017 when it was arranged, and seemingly the early payment option was triggered pretty much as soon as theu could. I would expect therefore a consistent boost to income by roughly the same amount as the debt interest payments year on year for the next few years. I guess interest rates are rising across the board so this early payback will be a boon.

Afternoon all, i recieved an email today from the planning portal giving some info on the planning decisions for the plastics park where our plant is in ellesmere port.

News round-up
Plastic park approved in Cheshire

Cheshire West and Chester Council has granted planning permission for a £165 million park that will be developed at Photos, a strategic energy and resource hub near Ellesmere Port.

Peel NRE, part of Peel L&P, is behind the plans.

The plastic park will feature innovative processing and treatment technologies to make the most of up to 367,500 tonnes of mixed recyclables and plastic every year.

The consent will also see a hydrogen refuelling station developed, with the overall scheme set to create 147 new jobs.

Richard Barker, development director at Peel NRE, said: “It’s imperative that we deliver creative solutions to the UK’s plastic problem. This project clusters recycling technologies in one place so that we can make the most of a whole range of plastic materials arriving on site, avoiding the need to ship them to different facilities around the region. It’ll mean we can cut down on vehicle movements, create 147 new jobs and deliver essential infrastructure to underpin a North West circular economy that’s much more sustainable.

“We’ve planned Protos as a holistic destination to support the UK on the road to net zero. With the recently announced Protos CO2 network, linking to the proposed regional carbon capture infrastructure, the plastic park is just another example of forward-thinking development that responds to the dual-challenge of reducing our waste sent to landfill, whilst cutting carbon emissions.”

This approval comes after a number of other consents at Protos, including the UK’s first waste plastic to hydrogen facility and a PET (polyethylene terephthalate) recycling plant that will take food and beverage packaging, such as plastic bottles, and recycle them for use in making new packaging products.

Hang on ignore me folks this exercise in understanding bb shareholder voting power is taking place on the Greatland gold site.. apologies i am clearly not awake yet??

Yesterday i was reading the board and came across the post from jiffybag which was all about getting a grip on the actual numbers of shares the users of this board hold. I downloaded the pdf that jiffy kindly created
Today i cant find that post......whats going on ? Where is it.

Hi chaps, im just reading about this share issue thi ng and wanting to clarify something please, the company have created 82m new shares right? Thats not shares they have had in the company reserves held for release? . So the share base has definitely been watered down slightly.?

Thats a very good question webbo, i would surmise that post removal is done in line with the smallprint that comes when we all sign up for this forum. Therefore its a safe bet that anything that could leave the LSE body open to a criminal claim eg. Hate crime, drug related talk, inside teadung info, libel, etc. Etc. Anything like that could well be grounds for the moderator to remove a thread perhaps. In addition we are making an assumption that the moderation it's being performed by a human, in today's technical world i would expect a robot to perform the initial parsing of the posted data, after all there must be thousands of posts an hour right ?

Yes, very short and sweet. I bought into this share recently and was expecting a lift in price. As you say not much info in this Rms, certainly nothing bad anyway.

I had an interesting experience last night which was rather depressing regarding attitudes. I am in my 40s and after a good drinking session with a mate i have known for 30 years around our local beer gardens, we ended the night at a taxi rank early, about 10pm. As we chatted a young girl, i guess 20 years old, ran across the road and asked me if id she could have my mask, as my evening was finishing and hers was starting with here mates. I was suprised but as i had actually had a negative test the previous day and have both jabs in me i reasoned she was at little risk, in truth had i not given her my mask it was obvious she would go and ask someone else and they might well be less scrupulous. I did not approve of my giving her my mask but to better protect her i actually had no choice. Pretty crap position to be put in but the real disappointment was the complete disregard for her own wellbeing...i only hope she was a one off,but i doubt it, also im a stranger so sharing her friends masks and proximity would not even register would it....i avoid young people because of this selfish attitude...my own twin actually contracted covid last weekend, because he has so far refused a vaccine.

Yeah.....mine !!!??

Manipulation of some form? Im learning new stuff every day, the only thing i aint learning is how to take advantage of it....sigh

sure im invested but cant see why they dropped today so quick ? rns is out but not read it yet

any thoughts out there ?

Hi Cshade, you mentioned " nice to see bc201 / pandemic being mentioned. " was that in the q and a session ? Thanks.

Good evening to all members, I was wanting to ask a simple question regarding the deal between the 3 parties involved in this VAL301 concoction that is hopefully going to help the covid pandemic.
Basically what are Black Cat Bio Ltd bringing to the deal ?. ditto the other people, Oncolytika ? They are one man band Ltd companies, Black Cat Bio is based in the old Hinkley Rugby Club Cafe apparently....

I watched the recent shareholder webcast Tuesday, 8 December 2020 and I also checked out the june 2020 RNS which specifically stated "Oncolytika and Black Cat have filed a patent to protect the proposed use of the combination therapy." so does this mean that these two small companies could hold to ransom any other company wishing to exploit a successful combined drug (VAL301) ?
Hope this makes sense as Im only just really getting to grips with VAL .
thanks for your thoughts.