Chugginsthesnag23 Sep 2021 19:55
Turns up on cue, every time the share price is falling.
Disinformation/misinformation, selective facts to underpin a narrative designed to damage this company. He claims to be an investor yet will not sell, claims impending doom, a share price in the teens, yet will not sell. How many serious investors do this, try to destroy their own wealth? The answer is of course - none.
Truth is, as we all know and understand; things happen, get delayed; things go wrong; third parties let you down/go under/ a myriad of possibilities. In most people's world, these things are normal - not Muggy's. His is a world of selective facts that have been outlined, guided, but now must be met rigidly - nothing else will do. His is a world where any success, any progression is met with a form of amnesia where details go in, but then disappear in an acerbic fog of malcontent, giving rise to the same tired points - that fit the destructive narrative, and nothing else...... no acknowledgement, no positive notes - it's all bad! Just bad.
But he's merely a dismayed investor, here to save you, whilst he clings on, spitting fire and venom...... I don't know about everyone else, but colour me curious? Someone write to Buffet, there's a new investment strategy on the block, the 'arse over the parapet, defecating on your foundations' strategy.' It's genius!
The CEO of DVRG has said many times there is no need for any placing, moreover, 10M recently raised and at very minimal dilution (FTSE comp would have been over the moon) yet he (Muggy) pointedly ignores ongoing revenue generation from the areas of the business that are income positive; the ongoing opportunities that haven't, somehow 'gone away', the potential for transformation that is still there - waiting - building. Businesses take time to grow, complex multifaceted business more so - all lost on Muggy. The most recent guidance reiterates 10M 2021 income; makes clear that a prudent, cautious outlook toward income generation from expanding areas of the business (STC,Labskin,MW) are necessary - seems fair, not in Muggy's world.
It really is unfair to investors to have to put up with an individual who manifestly hates the CEO, wants to see the share price on its knees and will say anything to pursue that goal, pumping out the same themes, over and over, week in, week out, month in, month out. Relentlessly negative, abusive, rude, mostly wrong, either plain lying or at the very least being creative and selective with facts.
If that doesn't qualify as abusive and disruptive, I can't imagine what would. Sad that someone would let their rancour and bitterness from the past drive them to this degree; to happily attempt to destroy not just a business, but its shareholders' wealth, merely to try to even a score. Pathetic, tragic and so very sad to witness..... I give you all Mugginsthedog, broken, raging, wallowing in self-pity - let's all give him a cuddle! Maybe not!
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