Member Info for LoneSurvivor

The investors wont rush to put this business up for sale. They could be sitting on a very valuable asset here. As this business is closing in on £100M a year revenue, which the now former CEO said could deliver 10-12% EBITDA they will be assessing whether the profitability switch can be flicked to the "on" position over a 2-3 year period and whether that statement from the former CEO is true. They have begun trimming the fat by removing a CEO who never delivered on that promise and took a big salary for himself while hanging the backers out to dry. If the people in charge now believe that profitability can be allowed to flow through then this business is worth well in excess of its current share price. If they don't think they can turn on the profit stream then a sale will follow. My view is that with the right leadership and a balanced approach that doesn't just pursue revenue growth we could have a tranformational approach.

Mr Moon has run 2 businesses over nearly 20 years and delivered not one profitable year in all that time. SiS was floated with a share price of 56p a decade ago and today it sits at 12p. Many institutional investors have seen their investments lost because of an obsession with growth of revenue (and a generous salary to the CEO). Yet they did nothing until now.

How they sat by for so long is a mystery. He is deluded enough to think he was successful in running these two businesses too, thinking he is an entrepreneur and not a simply a one trick growth pony. Maybe now the investors can achieve some balance going forwards and start to show profitability because this business has great potential in the next 2-3 years under the right leadership