Member Info for JG68

Snufkin

Surely that would be corporate suicide to the CEO and the whole BOD.

Didn't they also just take out a US bond?

If they need to raise more money than the remaing proceeds to come in, they might as well just actively try and and sell the business.

Wish they would now.

Surely not a RI at this price after the last 6 years.

It's certainly acting like ones coming.

And the new CEO to start q4, that could be December, 10 p by then.

If ever there was a time for the BOD to step in and back up their guidance after such a capitulation in market cap, with share purchases , then this is it.

They either are unable due to insider knowledge, or they don't believe in their own strategy and guidance.

Simple really, toss of a coin, which is it.

Me too 460k

Had a reply from IR who have generally said they will be attending several sales events in the next few weeks to drum up interest where they will reiterate their guidance/ targets etc.

But one interesting comment that has led me to think this decline is something specific

"We can’t comment on the specific factors driving the current share price but will be getting investor feedback as part of this process."

Anyone else think that there is something unknown to us?

Yeah I think Jon is Mr Nice guy, all the staff love him bla bla, he's forgotten he works for shareholders.

This needs a serious cull and a move into the future.

Stephanie from IR made the point to me about how they are meeting all their KPIs, and I thought , " so what, this isn't a local b----y authority, its a supposed to be a profit making business, get a grip".

This acting like its going bust, or will be subject to a windfall tax.

At this rate it will be single figures by the time Adolfo takes over.

Has the market got this totally wrong?

Is it just sentiment towards the current CEO?

At what point does a company step in to At least give a reassuring statement after seeing 40% of the market cap wiped off in a month?

Give it a rest with your deramping FFS

Don't you mean it should finish above 70

Only in London can they turn a positive day into a down day.

The problem with this country is that the media seem to thrive on negativity, and eventually they will have no choice but to start reporting positivity which will impact markets here and general sentiment.

Take Friday the revised GDP figures, UK economy actually 2% larger than pre covid, but the media and sections of the market focus on falling house prices.

Bringing that US shorter into UK relevant markets is desperate deramping, even if the US market falls like it did the beginning of this year, the FTSE kept rising and then they both changed direction.

Same will happen here, just a matter of time imo.

Well it is valued below bust when you actually think about.

If they were to sell off the remaining businesses, pay off the debt, they would have multiples of current sp.

Problem is when you consistently make glossy comments like " acceleration in financial performance" the markets heard it all before from this BOD and so have we.

We were being told last year that a return to free cash flow was expected H2 last year, so its no wonder the markets reacted as it has, and there's only so much you can blame on the hack.

CPI have a habit recently of producing complex and misleading financial statements and I think the market and mms have said " have some of that until you prove us wrong".

And then that's it for 6 months from October to March which imo is ridiculous for a global company to not update for half a year.

And then we get some monotone revenue gloss from an uninspiring CEO, with a few unexpected costs thrown in and a write down for good measure.

Not that I'm moaning or anything.

Me too, got suckered in before and gad to wait over a year to just break even.

If I hadn't topped up after the results I would have 100k shares and be 11k down.

Because I did I now have 300k shares and I'm 20k down with that money now also essentially tied up for however long.

I'm so angry with myself and the cfo/ceo for not buying any shares with their own money seeing they are responsible for where we are.

And imo the ONLY excuse a ceo on 1.8 million salary that has overseen this circus, for not to buy shares is they are in takeover talks.

On that salary overseeing this capitulation, that is their only excuse.

Unless they've misled investors and there's more under the hood of very flakey financial presentations, that the market knows and we don't. IMHO

Crap name, crap company, crapiest cfo/ceo, crap month, and a crap investment over 1, 2,3, 4, 5 years.

The sooner the new ceo is in post q4 the sooner he can at least try and stop the never ending markdowns by cpi mms.

Kginvest

I know what you're saying, it's just frustrating how little coverage we get. You what they say, "every little helps" especially if the market is in a good mood on the day.

And not that they've got stellar credibility, but even the motley fool hasn't covered us for 1, 2 years, can't even remember.

Trenners

That's my only glimmer of light at the moment!

They can't exactly use disposals as an excuse though, can they!

And still no director buys.

What an uninspiring CEO/CFO we are currently stuck with.

Imo disgraceful that they can't even soend 35k of their own money to buy 200k shares.

You're on 1.8 million Mr Lewis ffs.

And it's a cut 145 from 180 RBC.

Sure the market will overreact to that!

They do not want this over 18