The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Way I see it is, they have six months to play with ... pointless selling out now until after the GM or seeing what happens with the new guys on board. Atleast give them a month. We all believed James was not right for the business and wanted him out. I would not be suprised to see a company name change soon , new business model new direction
why has walker crips not sold , considering their 18% stake
you mention L&Q but James never mentioned L&Q in any of his RNS's . It was through article that was writtern that suggested it was them, So we are not 100% sure it is even them
yer but its the management that sells the product , the may have fantastic products but not the ability to sell the product. Two new directors on board with previous experience in turning business around
say
"The net proceeds of the Placing will provide the Company with additional working capital and will also enable the Company's board to evaluate new business opportunities. The Placing will also further strengthen the Company's balance sheet."
plus it stated in the RNS the board is still reviewing other business opportunities
They have six months basically to turn the business around .. any major contract will effectively put the rule to bed. There is a small chance that this could survive
is there any light at the end of the tunnel or is this the complete end ? why are they continuing to trade if its all over
What an update !!
Very true , but surly if they are at stage where they are confident it’s a done deal and it’s just paper work holding them up, they could atleast say ? I’m sure I read one similar the other day announcing it’s in progress.
I top up 5million the other day. Brings my total to 7.5 million but still 6.4k down
totally agree. I am so frustrated as well, but when you said all "companies start from nothing" technically this is a new business and we are at the bottom. Come on James prove the Haters wrong
huh !! what's Y
if they do get a nomad sorted, which I m confident they shall. Then one thing for is sure in my mind and that is ! this company will eventually do well. The rules are getting stricter for Nomads and if they sign then it safe to say the company is not going anywhere any time soon. The price has been driven down massively and it can only go up
Today be the day !!
they are not priced to fail like us so we should see us back to where we was before the announcement. we should at least get back to 0.14 / 0.20. But you are right, they are hardly flying
people holding off until confirmed !! Hopefully James will get the news out soon. Or at least give us a reassuring RNS saying we are in progress of sorting one out , just in case we do get suspended on Friday
I believe the new Nomad will be announced. It does not make any sense for James to announce he's looking for one if he believes its not going to work. Also with the New guy on board I feel the business is starting to move towards a new business model.
For an exciting week !!
doesn't have to be lol this fear of Fridays news is bad news.