Meeting pt119 Oct 2018 12:20
Good morning MMXers.I am pleased to say that ,thanks to Toby's assistance ,I was able to listen in on the investors meeting held on Wednesday.It was interesting to note the lack of PI interest ,but also very note worthy was the significant numbers of newly invested wealth and private client fund managers in attendance.Note..newly invested.
It was good to hear from SjL also, who provided a great deal of logical support for the investment case..Bravo to him.
Toby impressed with his clear and reasoned financial objectives for the company.He is steering away from the large ,one off super premium sales that accounted for too large a share of revenue in the past,and was disliked by city institutions, because it was never predictable revenue,instead moving to a mix of sustainable premium and non premium .The objective being achieved is to have the company positioned in a solid; diversified ,highly profitable and visible revenue stream..I am clear that this is the correct path to take and that we will see the results in future updates.