Member Info for PI100

And 30% year on year, are you serious?

30% growth - where on earth is that coming from? Excluding inflation we are circa 50% down on 2019 revenue.

Great set of questions, Kaeren. It's just such basic stuff that shareholders should be informed about. Every single one is valid and should be answered (maybe with the exception of dispute related queries as they probably can't talk about that) but I would wager that none would be answered if posed, or certainly not answered in any informative manner. I imagine they'll have a pre-prepared list of questions and a few strategically placed people in the audience for 'any questions from the floor'.

It already picked up to the 80's and has been in freefall ever since. Operationally, this company is dead so the SP reflects that however from time to time there is either a pump and dump or some news like the acquisition which boosts it temporarily, then the market digests it and brings it back down. Long suffering shareholders have seen it time and time again since covid finished.

Without reproach *

The £100m line was so so unrealistic and had no basis. Is there a case for misleading investors with such words? Or can they just say what they want in investor presentations reproach? Surely he has to be accountable for his words? Not saying it was deliberately to mislead but the operational performance is so far detached from that number it’s about as believable ad pigs flying.

Far too early to say that LR has had any impact on the SP. The SP debacle is fully to do with the complete lack of strategy and post pandemic revenue generation and that sits squarely on the shoulders of the current and past board. After the windfall of 2020 and all the learnings, contacts etc. they completely wasted 2021, 2022 and 2023. 3 entire years of absolute nothingness. 3 years. Unforgiveable, yet they're still there cashing their massive pay cheques.

CS the mob in charge here before LR completely slaughtered the share price so there’s nothing to lose.

30’s before year end at this rate. Another shocking fall from the giddy heights of 80’s.

The market clearly digested the acquisition and decided it was a total dud.

And what do you mean by that?

Just responding to the thread with basic facts.

HarChris - paying down debt would not contribute to a P&L loss, debt repayments are purely a balance sheet item. The interest expense on the debt impacts the P&L loss but not the debt repayments. Is net cash outflow being confused with 'loss' here?

30-40's by dispute time, can't see the final few months of the year changing that. We're back into the miles below cash balance territory again so there's clearly no link between that and the SP any more so there's no floor for this.

Let's face it, if any of us were not invested in this and looked at the interim results we wouldn't touch it with a barge pole so it's no surprise that it's dwindling as it is.

Is he sweating? Absolutely fine last year and the year before this last one was just as bad. I can’t even get my votes registered so no idea how many more people are in a similar vote. And I can assure you I would be voting against anything in his or the BoD’s interests. As we saw last year, those who can vote in big numbers clearly think he’s doing something right.

On that note, what does he do? And how much does he get paid from our money?

Risks? Pretty much everything - no new decent revenue streams, massive cash burn, incompetence at board level, market hates the company, bankruptcy if we lose the dispute.

Another -7% to start the week. Torrid.

Probably a sell. 6%+ down today. What a truly awful month.

oh it was rescheduled after all, shock horror. when will the penny drop with those ******* idiots? every year it isn't quorote. pathetic.

engage with your shareholders, you idiots.

Kind of hope we do just get taken out by a bigger co, at least it'd put us out of our misery.

All resolutions passed? Presumably it worked out well for the big cheeses?

Where is the link to it? Haven’t had an email. Pathetic comms as usual. Note that the SP is getting slapped again.

The AGM is just a formality to ratify another 3 years for certain people and exec pay rises. Some ordinary shareholders can't even vote. Total waste of time.