Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Thanks flop , not encouraging at all. Not the first time the BODs integrity has been called into question. I do believe they are decent people and truly want the best outcome along with every other investor .
Make5mil, as it was Mr Flip who posted it , the author so would start at source of information. Clearly a large contradiction in the response. Given this was only days ago, you would expect the BOD to have been lining up this cash raise / placement .
I am not giving my opinion, just stating the facts. I am well invested into UPL. Things like this. Do not give me much confidence .following the last after hours Friday R.N. S it certainly didn’t put the face of the integrity of the BOD .
If the posted response was from UPL, clearly that is not encouraging is the significant investment they have secured from the placement. The investors must have confidence in a return on their funds put forward. They can’t be privy to any more information than what we are?
MrFlipFlop, can you please explain that within the last two weeks your response from the Bod regarding the cash raise was posted stating “lies” and “there is no plan to cash raise” etc.
They stated it was lies, now who is telling lies? As an investor, this is worrying.
Can you substantiate this correspondence was from the company?
Yes last May , strong growth on capital markets day . Yes would seen huge return in 3 wks ! Are you not concerned at all about the 40% drop it had from late July until final results day in October?
There seem to be hardly any trading over those months and the company was silent . I for one was severely underwater with them then.
Bearing in mind last July high £10.80 fell continuously til October results down to £6.85. This was off the back of robust figures that exceeded expectations. The BOD seemingly didn’t do anything to help stop the sp slide. The media reported in the July that the profits would be at the lower end of expectations and that the CEO was stepping down . The news of the CEO was announced the previous year October 22 , so nothing new to people familiar with Yougov. Steve Hatch was announced at time of Stefan Shakespeare notice period. Once full year results released they had 20 %plus rise on the day . The reporting of the above events were not accurate and had a 40% demise of the share price , whilst the BOD made no noises to correct any of it . Not great if your a substantial investor. Really seems to be a guessing game.