Member Info for Sundaysun

My best wishes to you Norrab1.You have been a credit to this BB over many years..

My view is that they are worth their salaries and that those salaries are in keeping with our industry standard.I get the frustration re SP and feel it myself,however I also get the substantial problems Toby Hall has had to overcome in order for this company to make future returns to shareholders.The legacy issue has been a huge drag on our balance sheet and is now resolved,worth $1m pa until expiry of the contract to us.
The fact remains that they must perform in order to benefit from these options..it isn't free money in that sense.
12p is a figure plucked out of the air by someone and has no basis in reality..I believe it will be a good deal higher..I plan for 15/16p and have added to my holdings to reflect a lower aquisition end price,a price that is only possible because of the restructuring of the past three years.
I feel that we will have to agree to disagree on this one..with my friend Norrab 1 also .I respect both your long contributions here..I suppose we cant agree all the time.

.30paid

No need for that return JAL..You have said more or less the same as I have in your last post.Ie..Salary in line with other CEOs,the fact that we both dont like the SP.,I compared to CNIC,we also both dont like the lower strike price.I am perhaps more comfortable with the awards because they have to meet certain targets and if they dont they get nothing..not a problem to me

Yes, you said it first Bakky.They wont have any trouble finding work,that's for sure

Seems I've opened a can of worms in asking who he is..I've no problem with an armed robber..The banks have been robbing us for years lol..He seems to provide good quality information..that's all that counts..atb all.

For sure they are well renumerated but not more than executives in similar positions.I have never liked the strike price being lowered but I think this has a lot to do with what valuations in the market reducing from the bubble days. Where I am critical of management , the lack of SP progress.CNIC have been far more focused on their valuation and are worth double MMX on little more financials.We cant simply rely on operational progress and hope the SP will come good.For what it's worth,I feel that this is a reward in advance of being acquired..Ive seen this before ..but in that case, its a result for all .

Who is brokerman Daniel..that we should take notice of..just asking?

I'm.not in agreement with the Pi55 take accusation.What should be understood is that these options are conditional on performance ,previous awards having lapsed because the strike target was not reached.As such directors fortunes are aligned with shareholders ,which is what we want to see.Scotty, they are not using their own cash to buy shares..

Wresstle is valued at between £4/5m income to UJO.Take a simple multiple of say 12, and you have a back of fag packet value to us..

I agree Rykan.Its true to day that there are more deletes than ,perhaps expected ,but there is an ongoing sales surge to compensate.Before this seasons deletes kicked in ,we stood at 850k for VIP.Tjings are still in a state of flux but I can clearly see the number of VIP sales will exceed 850k when everything settles,the amount it exceeds is of course our growth.All in all ,although revenue is the most important factor ,having critical mass is also important to any acquirer of MMX.Im happy with operational progress...
Unfortunately sentiment is at an all time low and attention to address our valuation cant come soon enough.

Not a good comparison.One is a self obsessed and deluded liar and DB is a man of integrity .

Excellent DB interview.Very interested to hear mention of Wresstle also....30 coming.

No news from the planning meeting.Looks like they may want to **** tax payers money up against the wall..I hope there will be personal liability for the planners if they proceed and lose.

Yesterday's share price movement was utterly bizarre.Unfortnunately I was unable to get in on time.
I see the usual **** strurs are up early,poison at the ready.sad lot.

I just missed a golden opportunity to buy in super cheap..by seconds..sod it.

Why would a anyone read a negative in that RNS..Unbelievable...

I will eat my hat ,shoes and socks if Parsons gets more than 50p.The silence tells it all for me..Total BS Parsons is keeping the pay cheque going.

We would earn £4m/£5m a year from production,give that a multiple of say,12,and add in the other prospects,we should be mid 40s to 50,however this is AIM.

Short and sweet.Everthing looking good for us here.Most interested to know what the Wresstle meeting has concluded.Lets hope some heads were knocked together and sense prevailed.