Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agree he just keeps saying the same thing again and again and again about LSE but nothing at all on the promised strategy update ( over a year late) big wins, New Jersey opening all the things that matter.
It's very weird it's not normal it's like he's got stuck in a fit of anger over LSE. God knows what sanders and the IR guys are up too. Very quiet. God knows why saunders not snapping up shares since he became CFO.
To all who say sell up its a naive observation as a value investors often invests in businesses where the Board is making a mess of things r are incapable of unlocking the value which itself creates a value opportunity to unlock. THG is a perfect hostile takeover target as I'm sure many IIs have now had enough of this and given them 3 years
We need the NEDs to really do their job here now more than ever
Https://www.cnbc.com/2023/11/16/deflation-holiday-walmart-ceo.html
ONS
Just read you post and perfectly summed up all that is wrong with our very limited CEO moulding
Nobody cares less about his bloody gorilla or his "look at me holiday pics". Im sure his staff don't exactly love it either.
We just want decent normal boring business updates on progress on rhe major issues strategy amd progess as you put very well.
Hi Canary
Not sure I agree with that. PE, hostile bidders, asset strippers, M&A loads of examples where current management team fail to realise value and removed to get a decent team in . Its a very big theme.
Sooner of later the IIs will say enough is enough
Hi Canary
Ill try to answer your question. Don't confuse the value gap with our opinion on moulding. The value gap is an order of magnitude to peers and moulding is pretty much the only remaining reason as you can see from the large number of investor's comments. Its a perception i agree but one that is also reality in the SP . Apart from early IPO investors most of us are not far from.our average
Moulding is a different issue. He may very well not be the one to close the value gap and ld say this is getting more amd more obvious evidenced by his behaviour and the depressed share price vs peers for way too long.
We are here for value gap closure in whatever form that takes as it will be closed. We are not here fur moulding ( although a year ago most were abd saw him as a victim of a short attack) as he is not here for us ( he has blatantly said that). This does not worry us however as we are tied to the IIs intetests and so protected by that