Anyone here know why Vanquis distributes credit cards via thimbl brand? Didn't know about this until reading annual report, is it a material amount of the companies reach in the credit card space?
This would be comedic if it wasn't for the sp collapse
"Mr R complains that Vanquis Bank Limited continued to send him paper statements after he
had requested to receive statements online only. He says this has caused him a great deal
of stress."
Wanted £500 compensation, unbelievable, says it all, system is broken
Interesting how several times he looked like he wanted to lambast previous management but just said poor past decisions. It is amusing to see how much more professional this webinar was and all the extra detail in the attached presentation was v-interesting. Impressed with the CEO as other's have said but am most happy with the new CFO and his exemplar tone about prudence and not giving speculative forecasts. IMO management seems very realistic now, no fantasies as regards to the challenges the business faces, have added :)
Once they fix the issues then EPS will recover, earnings in the next 2 years will not be great but IMO VANQ will come out much stronger from this as the business is also being reorganised under the CEO. He's made it clear that he will be prioritising profit over growth
Yeah it was illuminating on many internal DEC processes. The company ethos and the commitment to safely retiring wells as well as looking after employees. Some may say it was usual corporate "everything is amazing" speech but the guy seemed pretty genuine and impressed by his explanation of how the company used the ABS structures.
IDK cobalt looks to be in a pretty long bear market, coal assets gone and nickel oversupply may pause start of other mines. Pretty fairly price IMO, what if management had just dividend out the coal profits.Agency problem...
EU doesn't care about the environment, it only cares about being in charge
"A study of Norwegian forests discovered that “increasing the use of wood from a boreal forest to replace coal in power stations will create a carbon debt that will only be repaid after almost two centuries of regrowth.”
The Study- https://www.researchgate.net/publication/227584033_Harvesting_in_boreal_forests_and_the_biofuel_carbon_debt
DRX will get shot by environmentalists, importing ancient timber from Canada and burning it to produce energy, almost like we're still in the stone ages. Ironic that the environmental idiots caused this lunacy by stopping new nuclear plants from coming online, when nuclear is the best form of base power load and has zero emissions :)
Hey anyone know if Rusty Hutson has a brother? This FT article highlights this company HRM Resources with chief executive Roger Hutson that ran an abandoned nat gas well company in Colorado. https://archive.is/r3VI9
Natural gas prices plunge as US set for warmest winter on record https://archive.is/2d1pF
Fascinating how much methane is really leaking into atmosphere. https://www.youtube.com/watch?v=PicwnxJgd_k
IMO makes me grateful that DEC has such a good grasp and plan for the plugging problem