Member Info for PI100

Ok maybe I was harsh on the company but not on the exec. 330k salary and a 200k bonus for a dreadful financial performance. Where’s the incentive for these people?

Operating loss of 10m but still managed to find 300k for executive director bonuses. Funny that. Reward for failure is the norm for these crappy little aim companies

Or the ground

Yes but we still have the utter incompetents of NCYT running the show, I imagine that will put them off. It feels like the company is now just a bigger YG so maybe in time they'll all be paid to go away.

Not having:

- court case which could bankrupt the company

- an interim CEO

- disastrous operational performance

- lack of future guidance and strategy

In short, II’s likely see this as the total dead duck it is turning out to be

So it is sinking then?

Leaving the sinking ship

Amers, not fair but that’s the tories for you. They are utter scum who hate working people, the nhs, public services etc. How we are in 2024 in a supposedly developed country and we still have to put up with these criminals is beyond me.

Ditto, I stand to benefit 1K+ from the nic drop but would happily swap that to see it go to proper frontline services. They’ve totalled destroyed the uk.

Yes, health and safety is important to me. Health. The thing that will be taken away from us with more years of these right wing maniacs. No free at point of service healthcare, sound good?

Agree with CS on election date, they’re in the final throes now so Jan 2025 is most likely as it gives them another autumn statement to bribe us and stitch up labour, further destroy services and steal more money for themselves. How did we get into such a mess with such a corrupt government? If the tories win another term I’ll be looking to exit the uk asap, my young children will have zero future.

Re £3, why is this even being talked about? Even if we won outright and ended up with c.£120 cash (obviously most of that would probably take years to get off the government but still due to us) that’d make the SP £1.71 to match the cash, so where would the other 1.30 come from? It’s a failing business burning millions in losses. Just having cash doesn’t mean the business is successful, especially with the incumbent BoD

HC - you really think it would take us to over £70m marcap? £44m in the bank at year end, less say £5m cash burn by June add £8m VAT rebate and we're up to £47m with a massively loss making business. £1 is pie in the sky.

Gladiator - this is a huge case compared to others. Do you think the government want this hassle 3-4 months before the election?

agree cs, scenario 3 is nailed on for me. this is a tiny, weak company who do not want to be fighting the behemoth that is the corrupt uk government. any hint of a nil liability settlement will be snapped up because they can’t be ****d, like they can’t be ****d with the actual business. it’d be a massive massive disappointment but that would sum up this investment for most. it’s a tiny tiny company wanting to stay that way, talk of mid cap was just bluster to shut up shareholders in times when it looked like they should be doing more.

the government wouldn’t go to court if they didn’t have a watertight case so if it goes to trial i think we lose, but likely that’ll we’ll just settle at nil to get the monkey off our back. if so, may get a 10p uplift but nothjgn more as hardly any cash coming in and that £8m wouldn’t even cover a years loss.

still convinced the government won’t want to do the case prior to the autumn election so that’s 2024 out and a new date will be for the next government to deal with.

No end in sight to the drop here. Anyone see what happened to AVCT? Yet another covid company seemingly over promoted and requiring a cheap placing to continue, we all know what happened to ODX. It may be only the cash in the bank preventing similar happening here, and how long do we have that luxury?

No one has any interest in it, least of all the board. 45p a share and still none of them are interest. Tells the entire story, lifestyle company going nowhere

What makes you think they would return cash to shareholders in any circumstance? They appear to have only contempt for us

Still just the spread, HC?

https://stocks.apple.com/symbol/NCYT.L

I imagine you could fit the plans on a post it note, with room to spare. With large writing.

Literally opened HL which was showing a live move of -6.18%

Opened 6% red here so looks like the dump continues. They want 30’s!

So after 2 complete write off years, is this going to be another? Dispute aside, have the board told shareholders anything? 2 months in and we have zero idea what the plans and financial projections are. I imagine they’ll hide behind the YG integration and not give us anything.