The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
They also lack 'religious' card for Christmas believe it or not. I wrote to head office and they said there was no demand!
Hi All,
Genuine question. When a share placing was happening in times gone by, I used to get resolutions with voting choices sent through the post (with the usual resolution re pre-emption rights). Haven't had any for ages. Have I just dropped off the mailing list, or has BOD just been given unlimited powers in this regard? Hopefully, hopefully, we have had the last one recently.
Will buy my sweet VAST warrants? Two for a penny! .... Who will buy this wonderful morning?
More boy? More? Never before has a C.E.O. asked for more!
Happy Christmas to one and all. Here's to a better 2020 for all Vasters. Think I better put the sherry down.
Will surely be some additional costs attached to deferring these expansion/new-build projects late in the day?
On a slightly different matter, my local Tesco has recently gone back to selling five 500ml bottles of beer for a fiver, having raised the price to £5.25 a year ago. Wonder who has taken the squeeze Tesco or the brewers?
I was at the meeting, and as FOOL$ says, AP was careful with his words.
Castaway points out that the NOMAD would be present. - He was, though admittedly he did have to leave just before the end of the meeting to catch a train. Throughout the whole proceedings the board were very conscious of what could and couldn't be said.
AP's comment about 'family' (possibly a wide term) holding shares in the company seem to have generated froth here, and this is, in my opinion, a distraction from the main issues of the immediate and on-going finances of the company, which was why we had the meeting in the first place. I took his comments simply to mean that he and members of his family believe in the company and have put their money in accordingly. There was absolutely no suggestion of anything our of order.
I was at the meeting yesterday (pink shirt standing at the back). When we arrived we were asked for Letters of Representation etc. and two staff were counting hands when votes were taken (and presumably tallying hands with number of shares held). I guess that the twelve or so shareholders there hold only a small percentage of VAST's shares. The Board knew the numbers already I would have thought (and the Chair at one point alluded to "this motion being passed by a smaller margin"). I think everything was above board, so as to say.
It does seem an astute move financially; however licenced brewing often fails to replicate the familiar taste of old favourites (Boddingtons from Manchester still being a good example). Let's hope that there is no change in quality.
"A comprehensive start up and mining plan for Baita Plai is now near completion by the Company's technical director. This plan allows for first production after six months and for an accelerated move to full production (13,000 tonnes per month) after 12 months". …. Weren't we told that once the licence was granted, mining would start almost immediately? Yet now we hear that they are still only working on a plan! I suppose that there would always be the possibility of a winter shutdown, but six MORE months before any production? For heaven's sake!
I use HSDL and they sent my vouchers automatically. However, I also hold Whitbread shares and this year had to apply directly to the registrars. I think it's a GDPR thing about contact names and addresses.
Apologies if this has already been raised … The postman has just delivered a letter from HSDL dated 18th June regarding voting for the upcoming general meeting. The letter states that for any instruction to be valid, it must be back with HSDL by 9am 20th June, which is, er, today. No chance ! Is it too late to do anything?
You wont receive one from HSDL from now on as they are hiding behind the GDPR legislation to avoid doing the leg work. You will have to contact Whitbread to apply for one. HSDL will send you a letter explaining what to do. I realise that's no good for you weekend away, which I hope was good!
..fair point, I could have written it a bit more clearly - I suspect (but don't have numbers to back it up) that quite a few of the pubs next door to hotels don't get the trade that was expected as they have been located primarily for travellers.
Bamps21, There was a similar discussion about low priced food on the Greene King board a few weeks ago, as they are also going for quality rather than 2-4-1 or 2-4-�10 type meals as the margins are so low on these, especially with minimum wage etc. It was pointed out that Wetherspoons succeed with their low-priced food as they are mainly in town centres with lots of footfall and have customers who see their pubs as an all-day destination (breakfast, lunch, coffee, dinner). I suspect some brewers and pub co's now regret building joint hotel-with-eatery-next-door ventures.