PR department is doing an excellent job…… for Ofer. Ensures they give the stock answer to any investor that contacts them to say that all information is in the public domain while acting as a buffer to make sure no shareholder can ever contact the Board directly.
If you want to effect change, time to lobby the big shareholders, they are the only ones who can fix things. They better have a Plan A, B and C otherwise we are all fooked…
Gdog
Unless we can amass 5% from retail holders to put forward resolutions to remove the board, nothing we can do and they know it.
Why our big shareholders have allowed this is however beyond me because it's been crystal clear what's been going on fo the last 3 years
One way for Israelis to wipe out Saudis. I hope for his sake (actually I hope not) that Ofer still has the protection of Mossad.
Congrats on your graduation
Unhooked? More like unhinged…. Go back to nursery school
Time for this management team to be eviscertared by the big shareholders.
Total crooks
I did the same.
Virtually no one else did
So why gdog does no retail punter ever vote against the board at the AGM? We all sit here whining but do nothing.
Q1 actually better than expected and Finncap reiterates target at 1300p. Time to keep the faith….
Yeah Curly.
There’s a stereotypical puny fat bearded Jewish New Yorker whose job is to ensure the fat cat Israelis never have to answer a question, including holding AGMs in Israel so no one can meet management. If you try and send him an email you will either be ignored or referred to the investor presentation which never answers any questions and only the analysts are allowed to ask them…and they never ask any decent ones. The NEDs won’t speak to investors either.
Yeah, well management need to raid the piggy bank to keep buying back their shares so the transfer of wealth from shareholders to Ofer and his crew will continue at pace..and get this they actually said on the call that as shareholders voted down their new equity deal then they will have to pay more cash to themselves this year. Disgusted
So why did none of the Lillylivered posters on here not vote against the resolutions. Look at the share price in NY right now. No one believes their forecasts. Shareholders have been bamboozled by Ofer the tech and financial engineer. Still he and his tel aviv mates have a lovely bank balance and throw some great parties with our money.
Join the club…
Ditto any of the directors.
When Tim Weller was chairman they engaged with their investors. Now we are irritating excrement.
A few of us are thinking about going to tel aviv to make a point and very publicly vote down every resolution and to try and do it as publicly and loudly as we can. Any one like to join forces and deliver a message in person. I gather the weather is still ok for a day in the beach while there
Way too smart. You are correct. However it’s important for retail holders to understand what is going on and devise their own strategies to counter the game. This could include: doing the same as the hedgies on both sides of the pond; taking advantage of price drops to build a long term hold at a very attractive entry price; shorting in the uk before the us opens to buy back the adrs in New York taking advantage of the reverse arbitrage; and most significantly hitting the uk market with a wave of collective buying, robinhood style, to spike the shares while the us is closed and force the adrs to close…although they have deep pockets …and finally getting Tosca, Schroders and the company to play ball …..good luck with that!
Suspect the exact same thing will happen tomorrow. I don’t know about the reliability of Fintel but Nasdaq only report short interest twice a month, the next time for Tremor adrs during this week. There was a big hike 2 weeks ago. I expect a bigger number this time. Also, if you look at the ADR register, again via the NASDAQ website, it’s dominated by hedge funds and interestingly Schroders are also there alongside Tosca. What an abject failure the IPO was to get any quality long only US institutions. Great job Stifel…..bet that wasn’t in your marketing pitch to the company.
Grog, you are so right on all fronts.
Stt
I’ll tell you what. Why don’t you drop one of them an email and have a chat. They are very open minded and objective. Your encyclopaedic knowledge of the sector would make for an interesting debate between you and then you can both post your respective opinions post conversation.
Surely an open debate is healthier than anonymous post scoring?
Stt
The CEO didn’t sell 2/3 and then got more incentive shares.
The CFO didn’t sell any
I suppose that’s not a good outcome for you to highlight
You have to laugh stt suggesting that believing an anonymous poster was a bad thing. As one of a number of people who have been encouraged by and communicated with Dags and Schroedar off public websites, they are very well researched, intelligent and transparent professionals with nothing to hide.
Now as for Stt, shall we examine his anonymity. F**k it, is it even human? Certainly evasive and completely private.
Loves dissing other people. And the more the blue corner lines up, the more he rants and multiple posts. And to think there’s no agenda. As if!!
The other liquidity issue people fail to mention is that one of the ways most consumer companies have survived has been to turn off their suppliers and stop paying their landlords. This has to reverse and there is a mega working capital outflow to come