Member Info for Desertsands

The company simply says on dividends that they are committed to shareholder return but do not give a date.

2 billion less in debt is the key figure for me ….

Well this is not explained by the last updates and figures. Someone knows something that the PI’s don’t …… let’s hope the rise in sp continues ….

Deutsche Bank reinitiates Johnson Matthey with 'buy' - price target 2,400 pence

That’s more like it …

Trades looking like the share is in auction - not what I expected but most welcome on the back of 6% rise early doors.

Maybe Mr Kelly woke up this morning and decided to crack on ……

Placing of 162,500,000 shares at 0.2 included in the news …..

a mixed bag RNS ……

Https://www.telegraph.co.uk/business/2024/05/03/north-sea-oil-drilling-net-zero-deadline/

Worth a read …..licences for extra 20 years of North Sea drilling

Deutsche Bank initiates IP Group with 'buy' - target 100 pence

Whether you hold much store in broker upgrades or not, we still like to see a buy recommendation when it appears ….

ML has reduced his holding again ….

I was wondering if JMAT might go the same way as Darktrace ……

So that’s a wrap for today - a 7.51% drop. We need good news but the sp movement seems to show otherwise - let’s hope the slide is not indicative of adverse incoming news.

Anyhooooo - enjoy the long weekend everyone. Mine starts now so I’m signing out until next week

Stephen Kelly is on record last year as stating Cirata will attain world leader status within 4 years. He stuck his head above the parapet by doing so and he will be judged as having failed should he miss - wise not to promise to deliver such a mammoth undertaking unless you are very sure of success. The market is very unforgiving and it doesn’t reward ‘ steady as she goes’ or ‘growth/ revenue is on target’ , let alone failing to deliver. He also admitted in the last update that new business was much slower to secure than anticipated and their new ‘go to market’ strategy has not delivered the uptick in sales and revenue that was expected.

Trust needs to be rebuilt but in the meantime, other companies are coming along, without the baggage or stigma and are attracting customers that Cirata relies on to grow.

It’s very much a hold and re- appraise on a quarterly basis share in my portfolio. I hope he can do it -

EYAUH - you sound like a seasoned IAG shareholder ! Welcome - we are not called long suffering for nothing 😂

sinitta - “ just before the shares were suspended the shares were flying, which indicates this must be a desirable product, regardless of irregularities “

it was only a desire able product based on the supposed volume of sales which turned out to be grossly and i mean eyewateringly exaggerated. if it was such a desirable product, the true volume of sales would have attested to that.

i’m a holder here and must admit that i find the current state of play alarming. i’m not a holder from pre- suspension so am only just underwater. i’m struggling to see how the bod - which i believe to be top heavy as do other posters - are effecting the turnaround when there is no acceleration on sign ups or high value contracts. by their own admission, the company admit to being behind schedule on delivery.

as for a buy out - there doesn’t seem to be a lot for a third party to actually buy ! what would they be getting for their money?

and before anyone dashes out to slap a troll label on this post, like all holders here i genuinely hope the bod can light a fire under the sp ….. the cash burn cannot be dismissed as inconsequential when the incomings are so sp****.

the next update cannot be like the previous one - there must be something tangible on offer to shareholders moving forwards.

Now this is EXACTLY what is needed -

“ Pablo has extensive experience operating as a senior finance executive across a range of sectors with companies directly comparable with Capita. He is highly experienced in driving change in complex businesses and has delivered significant cost savings, streamlined organisation structures and enhanced processes and systems. ”

CR888 - no one was comparing the two scenarios……. It’s yet another British company delisting from London. The City is haemorrhaging at a n alarming rate

Flutter’s shareholders have approved the gambling giant’s plans to move its primary stock market listing from London to New York, dealing a fresh blow to the City.

Around 98pc of investors voted in favour of the Paddy Power owner’s shift across the Atlantic at a meeting today, as the company seeks to cash in on rising demand for sports betting in the US.

It is thought the move, which will become active at the end of the month, will prompt Flutter’s inclusion in America’s S&P 500 index.

Flutter’s shareholders have approved the gambling giant’s plans to move its primary stock market listing from London to New York, dealing a fresh blow to the City.

Around 98pc of investors voted in favour of the Paddy Power owner’s shift across the Atlantic at a meeting today, as the company seeks to cash in on rising demand for sports betting in the US.

It is thought the move, which will become active at the end of the month, will prompt Flutter’s inclusion in America’s S&P 500 index.

AI - “ Question: Can Thoma Bravo or someone aligned with them just hoover up these shares being sold in order to increase their percentage of shares for the vote? “

HKK - “ Makes total sense - why pay 620 when you can hoover them up at 600 now”

Wouldn’t this be considered a closed period ?

Https://www.businesstravelnewseurope.com/Air-Travel/Aer-Lingus-fully-restores-North-American-network

Progress …… it’s shaping up to be a better year for shareholders. We haven’t been called long suffering for nothing.!

* unless the powers that be ….. missed out unless