Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Aim.... are you a shareholder?
So many if's and but's. Will Hooland does not command the respect of shareholders so how does that affect the thinking of potential partners. All very fine coming up with wishful rhetoric, which means nothing until those words are translated into posititive actions that genuinely grow Shareholder value. Something WH and friends appear to have sight of during the last couple of years.
Will Serenity happen...doubtful, the senior partner has problems of it's own.
Using income from Wressle to benefit Directors is almost corporate theft when PI's are seeing share value decreasing by the day.
DP, how long can Blind Faith continue?
Without seeing the full minutes, it would appear ludicrous to maintain the high number of Board members that WH intends. Conclusion, they (BOD) are bleeding the company dry, and do not care a stuff for Ordinary PI's.
WH knew the way the wind was blowing hence the RNS yesterday withdrawing propositions, but then was determined to stamp his authority.
Is WH fit to be CEO???
Delt should have a head start on JOG, having, with partner Shell, discovered the largest Gas Field in the Southern North Sea in over 10 years. The energy security the UK is begiing to realise essential, makes one wonder why we are not getting updates from the BOD, but then historically the CEO has a poor record when it comes to keeping ordinary PI's informed. Is MS treated with such disdain??
SC it is a "New Broom", which when considering your praise of the Former CEO, was needed many months ago.
Any merger/takeover will need the blessing of Carlsberg. The Brewery JV has explicit conditions, in Carlsberg's favour, that must be approved should Marstons sell out.
Purdey, some truth in what you say, however this time they have the Shell resourced Gas field to capitalise on.
We were hearing a lot about moneterisation many weeks ago, and yet to get an update.
Unless they instigate another Fund Raise!!
Even if it happens or not, all the more reason for a massive turnout at the AGM next Thursday. All very well moaning here, the BOD must be made to understand and mostly removed. They are not custodians of shareholders funds as pretended.
Get rid.
It was Ralph Findlay, Andreas pre-decessor, who is the architect of MARS problems. Findlay rejected the offer without initially informing Shareholders. At the time RF was "too busy" arranging a get out of jail agreement with Brains.
You may be right, this move could lead to a takeover, which will need to satisfy the JV with Carlsberg.
Interesting that Stonegate,an aquistitive Pub Group, have recently appeared on the scene. Make of it what you will. It could be the Saviour many under water investors need.
Well well, what have some us been saying for months, at last the Board have acted. Lets hope the new CEO has left the Amusement Park's misfortunes behind him!!!
EOG presenting alongside I3e at Proactive event. Has the BOD got another trick up their sleeve?
That is a reasonable argument, which should be balanced against the ongoing cash-burn(Salaries). It has got to right to oust the hangers on who are creaming it at our expense. An interim arrangement as already suggested will be the best way to protect any existing arrangements. After all what would happen if SO and WH fell under a bus??
Serif, if you have not, suggest you contact PB who could put your mind at rest.
I was incensed to be told the Board are the custodians of Shareholders Funds. In normal circumstances that is correct but with EOG it is joke and the laugh is on us.
One way or another the Court Decision must be known by now, unless the Case was adjourned in which case we should have been told. I3 would have Legal Reps in Court who would have reported back to Majid.
Our Board have achieved an exercise in self preservation, which must come to an end as soon as possible.
""Custodians of Shareholders Funds"" really, my piggy bank is safer.
Salaries recommended by Remunerations Committee, quite, every experienced Investor knows exactly how they operate( friends of friends and all that)
Remunerations are compared with Peer Group, EOG are in the bottom quartile. Says a hell of a lot about the upper quartile groups.
It has been said many times, remunerations must be based on performance, Income, Profits and above SP performance.
Not impressed with the presentation. Thought WH looked uncomfortable??
It would be appropriate, 1 day after the Court Hearing, to have received some sort of update?
Even this good news, convenient as it may be, does not detract from the dis-proportionate and obscene salarys the BOD have awarded themselves.
I have not changed my views and hope other Shareholders stand firm too
The Court Ruling should be available as soon as it is made. There must be Court reporters who publish results. Do not expect Companies House to record quickly, I know of Companys who have notified of changes which have taken more than a month to publish.
Will Holland only made a prestation 1 month ago, unless something dramatic has occured seems co-incidental to have another presentation unless he has been tipped off????