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Mushty you cant honestly believe that the Zim gov who cant even make a decision on ownership are going to stump up funds any quicker. That road will be an even slower process. It may just be another carrot.
Yes correct he should have gone already, He certainly should not be here on twice the salary. As the group seem happy its pretty irrelevant anyway.
Lets hope for some progress/news soon.
Yes they do, I Believe Noels group has around 15%. Unfortunately they seem content with the current continued decline and latest carrots. There was a smaller group Craig was trying to get support for but it appears not many really want to actively try to remove Mr Roach.
You still in here or are you part of the action group?
GR clearly trying to imply that there may be news due on CIRCUM and possibly imminent lol. If there is one thing Mr Roach is good at its dangling carrots to mislead investors.
He basically operates in the following way.
Vocal = Interviews left right and centre and blabbing to anyone who will listen = Raise coming.
Silence = Bad news due /incoming or simply no news.
Haven't managed to pin down his behaviour for good news as I am still waiting after 4 years.
If you have been here long enough and have witnessed good news please feel free to cover that one for me. Alternatively If you have been here 6/12 months and still pretty upbeat with a far better average than mine please dont bother coming on and calling me a troll.
Not sold a single share myself. Sitting on around 50k loss and also wont be selling. I just cant come on this board and post endless positive dribble anymore. I posted positively in the first 2 years holding here but after a time reading continual broken deadlines and last years promises of profitable production for months and endless talk of how once RHA was up and running how this company would be transformed only for Mr Roach to truly shaft his shareholders with the January RNS stating the complete opposite I feel its highly inappropriate to post anything he says or states as fact until proven so as the man has proven completely incapable of delivering anything that does not benefit himself. The pay rise he awarded himself was the absolute kick in shareholder nuts a disgraceful act considering the state the company was and still is in.
I would love to get back on board the happy train but until he achieves anything then thats not likely. I honestly think the whole NEWCO situation is an absolute disgrace relisting our own assets as the way forward due to the fact he has completely ruined PREM through incompetence.
We just seem to clutch at whatever straw he offers here and always at a lower SP than the last straw. I honestly feel embarrassed to admit I am so far under and still invested here when my views of the man are so low. Should of bit the bullet and sold up but the longer I left it the harder its become and I am sure I am not the only one here now that is in a position where selling at this level is not an option and holding in the hope he actually achieves something seems like the best option with CIRCUM having had years now.
For me CIRCUM is our best hope and it shows everything that is wrong with the company that we hope another company will save us as our own CEO is just a complete greedy liability IMO.
Nice sentiments Charlie but somethings got to give soon. Can not see the start to the year being to positive think things are going to get worse before better. The last RNS quite possibly just another pathetic attempt to get the price moving for a raise. Unfortunately not a soul left who trusts the man.
God help us if Circum does not land soon as even if there is any truth in the last RNS it will not happen quickly as we have all witnessed over the last year of trying to get any kind of meaningful progress out of the Zim Gov is a very painfully slow process I cant imagine getting funds out of a country on its arse financially will be a quicker than a sign off so dont expect much there..
I think the first half of the year will be more of the same unfortunately IMO.
So wrong Tedoby on the rear view this company would be even worse without one as we only ever go around in circles and quite often backwards at a rapid rate. Feel free to let me know when we actually start moving forward as all we ever do is propose ways of moving things forwards whilst doing the opposite.
Hey and if you want to believe a man who said who would step down at PREM 18 months ago and is still here and with a 100% pay rise to boot will just give up control of NEWCO then more fool you.More likely he will remain at both and be paid handsomely by both.
If you would have told me I would need to 4 bag to break even and it would be 9 bags to a penny I probably would of thought you were a troll after what we were still being told at this point last year after some epic raising at the back end of 17 to get RHA producing profitably.
Outstanding Mr Roach keep up the good work and hope your enjoying your well earned pay rise.
Mr roach IMO is a disgusting self serving CEO with no regard for holders.
Your sitting there with enough numbers to remove the problem and have probably another 5%+ happy to join the group if you just get some nuts.
Roach needs removing now as its his ineptitude that has got us here, I dont see the latest government debacle as an excuse for him as we were already a long way up the creek before this arose with a less than flimsy grip on the paddle and as always our position continues to deteriorate with nothing more than the latest carrot to clutch at..
Does the group even have a plan of action or are you all just watching and waiting?
Every year for the past four we have been told next year will be transformational and our year etc Sadly this has proven false every time and the company's position has deteriorated year on year to the current sorry state of affairs so forgive me for having little faith in these predictions as I really dont think there will be a significant and sustainable upturn until Mr Roach is ejected.
He is quite literally a financial and managerial mill stone.
Thanks for reply CF interesting. Still baffles me how folk have any confidence here though as we continue to head in one direction, The Shareholder group really puzzles me as since its formation things have deteriorated massively and yet they seem content to do nothing.
If his little grouop secure the next loan against Circum which I am kind of expecting and expecting him to try and slide the news out whilst he thinks its quite over the next few weeks then I will be selling up regardless of how far under I am. If that happens I dont think the company has a future and we wont see them again. Testing the water with the ARCM shares IMO and found out what he needed to know about the shareholder group
Thanks for reply CF. How many you holding at present and is your average descent you never seem to concerned presume you are not over stretched here.
Not on for a slanging match or to insult anyone Thom It was a straight question for CF73.
CF are you alligned to the shareholder group or just PREM if you dont mind me asking.
Well if it does at least CF will have the consolation of maintaining his 100% record of never predicting anything right in my time here :).
His predictions are on a par with Mr Roach's delivery.
Yeah fair enough. Will refrain from further posting as Its pointless. Maybe they should consider a change of name though as action group is wholly inappropriate.
Not sure whats worse though waiting on Circum or Mr roach to deliver.
The pain goes on.
Just out of interest would you guys ever move to remove him?
So what your saying is instead of asking him and the board to take a pay cut you asked him to give himself another pay rise. He must love you guys lol.
No coincidence the price has been driven down whilst he is taking shares.
Did the action group not push for Mr Roach to take payment of his obscene salary in shares?
Is that your own opinion the groups or Mr Roach's. As you don't appear able to make a decision yourself. Weak.