RE: Vice Chairman Buys SEYE8 Mar 2019 16:18
S2020, S7
It does make you wonder what Jack is there for, is he just a titled figurehead with little or no influence just picking up his director fees?
If he had any influence would a CEO who had given an interview saying all was now well, the SP responding positively to it, only to four days later, and mid morning I think, issue an RNS laying bare the full extent of the Fleet problem? Ken may be a visionary but it appears he didn't see that one coming. His, and by association SEEs, credibility were shot when it became apparent that others were paying the price and he wasn't. Most CEOs would have walked without being asked and I'm surprised that Jack and significant IIs didn't order him to go. Let's hope they know something good that we are unaware of (maybe Semicast is correct and that out of TFD SEE got lucky with an overengineered G2 perfect for AV testing that will more than outweigh TFD) but until SEE decide to be transparent and tell us we don't know.
Even so, Ken should have moved on.
SEE Baxter, even I have my doubts about Ken.