Member Info for PI100

Swag - you’d like to think they’d take a look at the company valuation on arrival and what it is now - some 65%/£120m down? Dreadful rns announcements, frankly embarrassingly poor presentations, zero consideration for shareholders, pay rise.. the list goes on. Where is the list of positives?

Kaeren I am happy to hear about it but it is all meaningless without sales, of which there are none. The board fob us off with absolute rubbish like £100m organic sales. How are we supposed to trust a word they say?

Chris, because without covid revenue the company is finished, and it has all but gone. What is the use of having cash in the bank if you do nothing with it other than use it as petty cash tin for the board and to absorb the bloated cost base due to over resourcing.

This is clearly just a cv building role, once you get ceo on there you can fail and get another similar role, fail and get another similar role and repeat. He probably knew this was a dead duck when joining but why not do it for a year or two, pick up £0.5m per annum and then move to something else?

It absolutely stinks.

It is actually still classed as a pandemic?

Good idea but they won’t answer it. Far too uncomfortable a question.

Still 8. Did we de-list at midday?

They can’t go much worse, John. Although we thought that last time.

BYP it’ll never happen. Covid has made hiding from shareholders and difficult questions so much easier. They’re like the government, why face scrutiny when they don’t have to.

I for one won’t be wasting my time tuning into this rubbish to watch DA in his primark sweater talk an absolute crock of ****.

2 hours, 3 share trades in this company.

B2H - all well and good but they’ll only select questions that they have robotic answers for and won’t face anything uncomfortable. Headlines will be:

1. Confirmation of shocking h1 results
2. We believe we have strong grounds to assert blah blah blah
3. Bull**** £100m/year
4. We continue to consider share buybacks blah blah
5. Over to the Q&A where will spout off pre prepared answers with zero substance
6. We will continue to stuff our pockets full of your cash

Sharestack what is it you see he has done well? Is wiping some £120m off the value of the company success?
Are you looking forward to the event? Do yo think it’ll be any different to the last presentation, which was an utter disaster?

What I don’t get is why they even bother holding these events when there is nothing to say? Why bother wasting their own time?

Their resignations would be the best rns of the year

I’ll get the popcorn.
I predict:
1. Results worse than expected
2. Carefully selected questions only
3. £100m organic revenue etc with no actual detail about how

In fact, they’ll probably just reel out the same **** presentation as last time.

£100m/annum sales from organic growth.

Never seen such low volume. If they want to take it private, this must be their absolute dream.

No. One. Cares. About. Covid. Anymore.

The tenuous link between an admin role and this board is utterly bemusing.

Yeah it’s hard to believe we need a sales administrator but I guess we are selling the odd bits and bobs here and there.

Anytime now we’ll see an advert for a new cleaner and someone in here will make the link that we’re doubling our office space due to new contracts etc. Or the cleaner left their job and need replacing.

Shows how far this has sunk.

It’ll probably increase 4 fold to about 40p

Criminal
Negligent

Probably boils down to one of those words