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Trackwise and Stevenage built on empty promises. Looking back I should of left months ago rather than waiting until it closed.
We were told again and again contract is coming. Turns out we just quoted. Madness really. Not sure how Tewkesbury site is open. There's only 2 or 3 in there. Reckon the trackwise side of things gets asset stripped. Stevenage still going I believe but that will be a hard sell with the MD and management team that a running it. Still, they must be keeping the material suppliers happy with all the scrap they made. Millions in debt so will be a tough sell indeed.
So what happened then. Or is the farce still going on?
Did Johnson and Cook face it out at Stevenage or did they get the 25 mill they need to get it back in black and a few million to chase the dream again.
Anyway the ashes finally finished and then it goes belly up.
That's so trackwise management.
Absolutely Karl. They knew best. They didn't listen to anyone.
If they start again I'm not sure it would be any different.
Karl, are you not angry these guys bent us over. Look at the money they have had, it's shocking management, shocking decisions. It makes me question now what we were told about Stevenage. We were told they were poor and MD Mr Bukeke was clueless, production would scrap loads, the production management give excuses and it was just a circle of failure. At least they were producing something though. There was very little here. What a massive mess. There's lots of anger towards management as you would expect.
I'm sure Mr Johnson and Mr Cook will be OK Karl.
Liars
Karlon, yeah apparently bids are in for Stevenage. What they are who knows and if accepted then due diligence will follow. Will take weeks / months.
Is there enough time before administrator comes in and closes the lot down.
Stevenage are part of the group it's on companies house so it could all go any day.
I heard Stevie Wonder had looked at the books and even he said no.
I've got my eye on the reel to reel press for my tagliatelle.
Good post Karlon.
At the beginning I would say farce. These guys are shockingly incompetent on basic things. Simply not ready and not the right tools to play with the big boys. Buying a bigger company in Stevenage proved this.
Scam is a big word. I don't think there was this intention. Decisions further along the long are highly questionable at the very least. They were in trouble and didn't have the tools or staff to cope. The hole just got deeper and deeper.
Their final nail was the MD at Stevenage. This guy is something else. He sweeps good staff out the door faster that Usain Bolt.
Anyway last day of the cricket so triggers broom is ready.
Management will have packed up and landed now. Probably have some champagne and then quick shower before a lovely dinner with Richard Branson.
Come on. Let's be positive here.
There's a £billion pipeline.
I can smell something you're right. Horsesh#t.
Karl.
Maybe in Germany they had long sausage.
I think they will say positive things to everyone or the share price would of gone down. This is the pattern.
Karlon I'm not sure they are hiding good news. I don't think they have any.
Your email does state very positive agreed but this is typical of the news / town hall meetings staff have. Everything is positive, pipeline pipeline pipeline. From colleagues at Stevenage its similar apart from cut scrap and you're not meeting targets.
A con you mean Boombag
How can there be volume today???????
Can anyone explain to a mere machine polisher.
Thanks
Plural?????
Blimey Karlon, what you got. Exiting times
Absolutely there is. Secrets is what they are all about.
Was hoping to get sent home for the cricket.
Really????
Surely not off suspension Karlon. Going into administration scuppers this.