Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Positive discrimination does have a place when it is a short term tactic to balance out longstanding structural issues.
I did say earlier that the major problem is inertia, board members are not hired based on fair and open competition. When was the last time a ftse 100 board job was advertised openly.
Firms may say they are looking for a new chief exec, but its not a case of submitting cvs. They hire people to go head hunting.
Headhunting in itself is a discriminatory practice as you can only really head hunt people who are in your circle of knowledge which usually reflects your own socioeconomic background.
So it's not that people actively decide to discriminate when head hunting but that practice has unfairness built in.
If you force the process to at least consider that imbalance in the range of choices they put forward by stating that actual when looking for a position you must interview at least a proportion of BAME, women etc then if the best candidate happens to be a white male then you will still get the best person for the job as the white male chosen will have been the best they could have got with or without forcing the process to interview a more diverse mix.
However by forcing the process to interview a more diverse mix than traditional headhunting you may consider someone who would not have been identified due to them being outside your normal circle of knowledge.
The issue of diversity at the boardroom level is one of inertia.
People on boards of directors tend to be recruited from other boards, so if you have FTSE 100 companies hiring/head hunting from other FTSE 100 companies you are fishing in a very limited pool.
I was expecting a fall but post consolidation not pre.
Gonna have to bottom draw this as clearly the additional capital has not made traders think this companys prospects have improved..
Only a trading update will shift this share.
I read that actually as short positions unchanged at
Segantii Capital Management (UK) Limited 0.80%
WorldQuant LLC 0.51%
The strange thing is that short positions were showing at 0 prior to the 29th September 2020. So not sure why those short positions are now showing when previously they were not. As the change is zero so they have not increased or decreased their short positions.
They just seem to have failed to report their previous position.
Does make you wonder whether it would be cheaper to sail the boat around the UK during lockdown and up some major rivers, basically use it as a moving billboard to drive up interest whilst it can currently serve no other function.
At the moment it is still just an offer, the offer needs to be approved by SAGA share holders and then the shares issued. Which if memory serves will be on the 5th October and I think that is post consolidation so the price and number of shares will be either x15 times more and x15 times less respectively.
Yes, kernowlad. But HL didn't.
They had to send out a corrective email at the end of last week. Which most people will not have read if their inbox is anything like me.
I only picked up the correction from posts on this board.
SMorty welcome to the board and your first post. Not exactly a brilliant start.
If you had been here a while and took the time to read before treating this like the sewer that is Twitter by straight off attacking another user, you would have realized that some of the confusion has been caused by brokers.
One of the biggest Hargreaves Lansdown issued the share offer with an option to take up more than the basic allocation.
Either the broker got it wrong or the information to the brokers from Saga was not clear cut.
Either way it is understandable why people would get confused as people have opted for that option only later to be told it had been removed.
Smorty try reading rather than shooting from the hip
I see the daily fail has used all its usual resources to write an inciteful and in depth journalistic wonder. They have talked to 2 shareholders who are down a bit at the moment.
No analysis of the deal beyond the current SP being at the offer price.
Surely one thing we can agree on is that this near decade long investigation with no charges brought is in itself a harsher punishment in terms of destruction of capital, loss of income and tax revenue and jobs than fits the crime (if indeed one took place).
If a charge had been brought at the start and PFC took a fine there is no way the fine would have caused as much harm as the never ending investigation has. The company would have took a short term hit and recovered.
But without any charges the company cannot even consider taking an early guilty plea and move on (regardless of whether they are guilty or not).
This is industrial destruction over a crime which even if true harmed little to no one in the UK, certainly when measured against the harm caused by the SFO by dragging their heels and not bringing a charge.
Jointhedots, you have just provide advice on a share investment etc etc.
Calm down, everyone here is entitled to give an opinion, if someone choose to follow slows or your pattern of investment that is their choice. Its not professional advice.
I may also cancel taking up the offer as at 11.4p the additional charges become less of a barrier. Why buy at a higher price?
Interestingly the shorts seem to have all closed their positions
https://shorttracker.co.uk/company/GB00BLT1Y088/
Millennium International Management LP closed theirs on Friday when we had that small bump up to 13.5p, bizarrely they had only increased their short the day previously. Someone must have pressed the wrong button (lol)