Member Info for StrollerB

I attended.

there will be no further cash distributions after the current plan.

Any residual funds will be used to cover the winding up processes and salaries.

Business is expected to be wound up before year end.

Litigation costs over the last 2 years were approx £3m

Rob Terrys outfit was my first foray into share dealing. It taught me a lot and its been one hell of a ride.

Signing off wishing all remaining shareholders the best of luck.

Cheers Bob

Sold out over yesterday and this morning. Lived through Labour governments ,I dont see the SP going anywhere but down.

Taken my profits and will get back in when the market stabilises .

The G.E. is not a foregone conclusion. Two expressions come to mind and Labour better remember them if they want to get elected.

"A week is a long time in politics"

and

"Events ,dear boy , events"

Having spent far to many times being treated in NHS hospitals i came to the following conclusions.

1) The emergency response and care is second to none.

2) The after care and general wards are a disaster.

3) Most patients I have spoken to did not care whether they were being treated by a "private" hospital or NHS as long as they were treated and cost them nothing. Nothing quite like excruciating pain for clearing the mind of social conscience.

I , like everyone else on here can speculate. Non of us know whats really going on in the background. What we do know with absolute certainty is Suzy will have to update us soon as year end beckons.

Toph: thanks for the explanation..

So if I am reading you correctly LLOY are providing a financial service for which they will get paid.

Isn't that what banks do ? So why the RNS ?

Is there some sort of inherent excess exposure/risk involved that's not obvious to ordinary punters ?

"Excessive wage rises do nothing to help the fight against inflation".

And neither does further increasing the biggest single cost families ,with a mortgage, have.

Especially against a situation where background i.e. imported costs are reducing

The inflation we have been suffering from is nothing to do with wages.

Todays general inflation rate was caused by a number of factors.

BOE incompetence; pumping hundreds of billions into the economy then failing to start to raise interest rates far earlier claiming looming inflation would be transitory thus not giving the economy time to adjust to return to more normal interest rate levels.

To make matters worse the world (not just us ) were hit with a triple whammy of energy price shock , cereal and wheat price shock ( Russian invasion of Ukraine ) and poor harvests around the world.

The wage inflation is a symptom not the cause of our inflation.

The combination of interest rate , energy and food price hikes made the clamour for above normal wage increases inevitable and whilst I have no data to back it up I would expect to find the public sector have received better wage increases than the private sector.

I have little doubt the BOE will continue to increase base rate and keep them at too high a level for too long thus continuing with their track record of always being behind the 8 ball.

Https://watchstonegroupshare.freeforums.net/

The BoD have been served notice. Get on with the job at hand i.e.get the lab up and running and generating income at the same time as integrating the recently bought business. This in parallel with identification and development of existing and new compounds.

In my opinion now was not the time for wholesale change.

Stage: probably of more importance will Putin do the unthinkable ?

Be careful what you vote for. We have a lab to get off the ground for both internal testing and external commercial work. We need to integrate Imagen and get funds flowing from that. Who knows what other negotiations are going on in the background.

Will ripping the guts out of the Board at this time help or hinder these processes ?

59.03% ?

Rejected.

The BoE has form. They were well late starting to increase rates . They will take them too high and and leave them too high for too long. In short they are next to useless when it comes to managing inflation.

It would appear that you , i and the company are all in agreement. The effect of share buybacks is to increase the percentage of the company held by the remaining shareholders. This in turn should lead to an increase in future dividends.It is quite clear therefore that of its self buybacks are not a return to the shareholders. The return only takes place when increased dividends are issued. None of which are guaranteed . I therefore posit that both you and the company are wrong to continually describe buybacks as a return to shareholders

Hardup: thanks for that. Silly me thinking LSE would have the correct details under the Financial Diary section.

LTI: I agree debate over the cancelled dividend is pointless. However I do have issue with the continual use of the expression returned to shareholders. We can argue forever about the merits of buybacks v increased dividend v accretive business purchases and combinations thereof.
As I see it buybacks mean i have a larger share of a smaller asset. That is the company has reduced in size. This larger share may show through as increased dividends over and above the norm. Until this happens share holders have received zilch

Card: not sure what you are referring to 3rd May but interim management statement is due tomorrow

Steamy: Suzie didn't have skin in the game when you chose to but your shares.
I'm sure you can find the sell button if your not happy with your choice of investment.