Member Info for horsetrader2

Can you be more specific ? There is no point making that kind of comment if you don’t back it up !

investegate.co.uk/oxford-metrics-plc--omg-/rns/strategic-partnership-with-sandbox-vr/201903150700069264S/

If you check out the online booking system for the shopping centres, they are woefully quiet. Hopefully the other stuff such as Sealife centres etc is more productive.

I disagree with you Stalin. Yes, they will get a load more customers this coming year. However , in the process, they are going to have large capital expenditure and the balance sheets are going to take quite a while to start to look good.

About a third of the way in , he mentions last two weeks in their shopping centres have been best ever and that they expect a huge boost at Easter. The rest of the interview is interesting, but he did stall a bit when asked if he thinks they will go into profit this year and he stressed that land grab was important. My summary would be that patience is needed and share holders will need to sit tight for a couple of years to see the fruits of the business they are now doing. Would not be surprised to see another cash call if they get another big customer. /soundcloud.com/investors_champion/more-than-money-7-martin-higginson

Unfortunately, there is one aspect of the business that does not seem to be flourishing yet. Looking at the online booking system and the slots available , it look like the shopping centre offerings are not very busy at all. Perhaps it will take time for the word to spread, or perhaps, these are just the wrong type of venue .

Looks like the Al Hokair trials have been successful and they will roll out the new installations there in the near future. Handy to have someone there with feet already on the ground as it will save on the set up costs. All good and lots to like imo.

I find it obscene that a CEO can award himself such a high salary whilst the financial position of the company was so bad. Corporate greed at its very worst. There is something very wrong with a system that allows such large rewards for total and utter failure.

Awesome performance !

How sad for the staff, that the management team had their heads stuck so far up their own rear ends

That must be horrible for the staff working there, and with the morale of remaining staff so low, it won’t be long before the business is worthless. I don’t know how it’s possible to make such an almighty mess of things.

No doubt, it will be a post of some poor member of staff holding a p45 . mobile.twitter.com/utilitywiseplc?lang=en Followed by a BF post about “a thousand ways to ruin a company” The fact that the board didn’t kick him out yesterday shows they are also culpable.

How can he possibly pay himself 400k when the market cap is only 1.5 million. It’s totally obscene and the board have a lot to answer for. How anyone is allowed to get away with this in a publicly traded company beggars belief. To add insult to injury, BF has the bare faced cheek to get the begging bowl out for even more funds.

400 k a year for what ? Nothing short of a disgrace !

If you do go, then I would be inclined to ask the CEO exactly what he has done to merit the obscene sum of £400k per year. Their water offering has been a failure,, the customer numbers have not grown at all ( even though the ceo spouted some ridiculous targets which he will fail to hit by a monstrous margin .) There have been numerous redundancies, and key members of the management team have upped sticks and left. Instead of specialising in energy management , they now sell insurance and internet services. ( probably makes them a fiver a year, and next they will be selling package holidays and ice creams ) Accounts are late for the second time and it looks like a second suspension is looming. To be two years into a job and still blame legacy issues is a complete joke. Best of luck with your holding, but unless the CEO is ousted, I can’t see how this company has any chance of surviving.

It would not be a good sign if the banks were getting nervous. If that were the case, they would be nervous because UTW were unable to persuade them otherwise. Hopefully , that’s not the case.

You would have to be bonkers to invest in any rights issue if it ever came to that. If they have not got it right now, they never will All you would be doing, is paying for a over inflated salary for a Boss who to date has appeared to do nothing well.

It almost beggars belief that a company could be so late with results on such a regular basis. All well and good blaming auditors etc, but the ongoing silence from management is quite pathetic. Two of the last three of Flattery’s tweets are titled “ mistakes that entrepreneurs make “, and “ obstacles to watch for in a start up business”. Hardly inspirational is it ?

The later the results, the worse the news imo. They can’t keep blaming legacy issues for everything and they appear to be resembling a rudderless ship.

UTW appear to incapable of producing any type of report in a timely manner. . No doubt, when it comes it won’t read well , and the CEO will tell us all about the bright future of his new cleaning services offering or some other gibberish. Lateness has always been my pet hate and this company seems to excel in it.

.bbc.com/news/business-46397367