Member Info for Pebble101

Wilson

As per their Corporate Governance statement - How does the Chairman intend to ensure the company 'Seeks to understand and meet Shareholder needs and expectations' in future?

I have voted again on HL and it did accept my vote although said the cut off was the 10th.

Who is going to the AGM? I want to but flying is out for me so will need to be by train. I was hoping to stay with my neice who lives in Paris but typically she's back in the UK then.

OG, the accounts would have been prepared in line with accounting policies, therefore if such a statement redarding the dispute was missing I would be concerned. FRS18 states the following regarding prudence:

Prudence and consistency, fundamental accounting concepts under SSAP 2, are still relevant under FRS 18. These two are now factors to be considered when assessing the appropriateness of an entity's accounting policies. Prudently prepared means that a degree of caution has been applied in exercising judgement and making the necessary estimates.

However, the application of prudence is restricted to situations where uncertainty is present, for example as regards existence of assets, liabilities, gains and losses, or at amounts at which they should be recognised. The following principles should be observed:

Accounting policies should take account of uncertainty in recognising and measuring items;

Conditions of uncertainty will require more confirmatory evidence;

Prudence should not be exercised where there is no uncertainty.

FRS 18 emphasises that prudence should not be used as a reason for creating hidden reserves, making excessive provisions, deliberately understating assets or gains, or deliberately overstating liabilities or losses.

No, they didn't answer many of the other questions I had asked either. No wonder they won't meet face to face.

I asked if they thought JW was fulfilling his role in ensuring the effectiveness of the BOD. Suggested he was failing on several counts particularly understanding shareholders needs. I wish I had taken a copy of the previous Corporate Governance statement as I am sure the updated one has changed quite a bit.

Just voted. As I said previously I only got one response to several questions I asked some months ago and I was told the board aren't asking for a payrise!

It would also depend on what their Articles of Association say, although I suspect they will not tie the BOD down more than necessary.

WBAFC for what it's worth I'm doing the same. I did buy some at 50p but have invested far more than I should have done and decided that would be my limit. It will be what it will be. If it gets back to my break even I will be selling 3/4 of my holding whatever. It has been a lesson!

I've now sent one Kaeren, however I only got a part reply to the last one I sent and she ignored the difficult question.

OG. if you find any links showing what the chance is of winning the dispute could you put it here please :)

OG, read note 44 of the Annual Report 2022 about Contingent Liabilities . That will give you a summary and is about as much as we know.

So Tobias and Nigel Thomas gone, I wonder if they were voluntary considering NT's comments about NCYT staff and the 'restructure' wayside. Marketing needed a good shake up.

CS, you are right about the bowel cancer kit being sent to the over 60's. It arrives a few weeks after your 60rh birthday - nice little present.

Davand, I think their marketing is lacking.

Naewise - I think their whole marketing strategy needs a serious overhaul.

It's a nightmare and still out there wreaking havoc. I have no taste or smell and haven't had for a few months. Course of steroids in case of sinus problems, MRI and ENT investigations have shown no cause so it's now down to long Covid. I had it last June unless I had it since with no symptoms. It's miserable and also makes life difficult for things you wouldn't even think about - thank heavens I'm not a chef. But probably a better option than my brother who suffers from parosmia since he caught it in the first wave over 3 years ago.

Agree Kaeren, it took us 8 months to go through DD once terms had been agreed for a small business. This has been going on for longer and I'm hoping there might be another in the pipeline too.

What have you all done? I'm obviously a good girl :)

CS from what I have seen it seems the BOD are worse than NCYT but we appear to be having LR on the NCYT board and the blame for poor management is down to him. Maybe JW can justify his position and sort it out but I won't hold my breath. Still trying to find time to see what YGEN does as not familiar with them.