Member Info for Taser

You seem incapable of putting up a coherent argument. I must follow the adage when arguing with an idiot just stop.

Why don’t you put forward any analysis of the company’s financials or strategies? The only comments you add are a simple one liners with no inherent value. That’s fine but if you are going to challenge a post add substance. I will leave you to your ignorance

With all respect you haven’t a clue what you are talking about.

But whose money do they use to purchase the shares? Pretty much same net effect as diluting!

Nice to get some debate. Thanks for the comments.

I agree there was a phase here whereby it attracted the speculative investors and hype surrounded by the franchise model which drove the sp to heights beyond its worth and understandably fell back. However, part of that was due to management making poor choices. There was an inflexion point whereby with the right strategy things could have been different. We are where we are as they say.

As to huge buybacks and cancellation to drive price that will not happen. Firstly, buyback percentage is limited by daily trade volumes and a fundamental issue with their buyback programme is that they will never get the daily volumes to execute the buyback with any speed. It will take months or even years to get the volumes required. But the kicker is they have no intention to cancel the shares just hold the to cover the options. No benefit to you or I.

On a positive note they are in a virtually recession proved market with a stable model and products. Just need to leverage synergies and investment to lift profits. Revenue is vanity profits sanity

So no news between year end results and qtr1 update next week. Let’s hope they don’t do my interviews again and pull down the share price!

The sp performance over the last months and years is a huge indicator that management are not addressing the fundamental issues. The market price is the ultimate judge of performance and the verdict given is ‘guilty’. Step off that high horse and pay attention to investors concerns.

Director buys may help rather than ‘nothing to lose’ options.

Management here have had plenty of time and patience from investors in order to create shareholder value. They argued an investment phase over 2023 and 2024 would reward holders. It hasn’t. The decision for buybacks dressed as an investor benefit is in fact just a way to award employee options. The management are tone deaf to feedback and if they are alienating existing holders how will they attract new ones.

Ideally need director and non executive director buy ins.

A realistic pathway to dividend distribution

An move away from Revenue and EBITDA as key metrics

A more proactive approach to RNS corporate updates

Address concerns this is a life style company

We are virtually at 5 year lows and the slide was way before the Trump issues. That must indicate a change is needed.

Great. Currently bounced 5p after falling by a £1 over the last few weeks. Do you think just once we could get a positive RNS. Still holding.

They stated a dual listing was their aim.

Is it apathy or resignation that is the overriding factor here. So frustrating as this could be turned around so easily with a change in approach. It almost as if they are too stubborn or short sighted to see the obvious. Time for some support for weary holders.

Over 10% fall from the results on top of an already depressed share price and they think investors should be happy! Why hasn’t will Knell purchased any shares? Oh hang on he has thousands of options given to him so he is in a no lose situation whereas we continue to suffer.

Thanks Patrick. Thanks Will. Cancel the proposed options and cancel the shares in treasury and please revisit comments made about the payback for investors would begin in H2 2024 when our patience for 2 prior years of investment would be repaid.

Where are the director buys, where is the share price appreciation, where are the profits, where is the institutional buying, where are the independent broker reports?

It’s our cash they are using! And buying them to cover employee options. The buyback dressed as an investor benefit is in fact the opposite. They are losing their investor base. The share price is the reference point. Shareholder value is eroded and the rhetoric from Patrick proving to be just that. You can’t come out each of the last three years stating we are building shareholder value through various investments (Saleforce, new training centre) and strategy paths and see no corresponding increase in the share price.

I continue to hold and hope they take note of the markets judgement on the company and shift gears but nuts admit near the end of my patience

It’s a

By the companies own admission it was a response to investors that have made them look at the dual listing. Why didn’t they advocate this based on internal strategy meetings? It is a no brainer. However, it is still many months away.

The next update is due in May. They desperately need to shift the narrative and engage the investor community with their story. Something they have failed to do consistently. They need to RNS contract wins. Looking through the historical RNS announcements the last standalone one regarding new contracts was Feb 24.

Investors are not on board with the buyback unless they are cancelled in Treasury and add value, not to feather the nest of employees. It is a great sector with big rewards and a virtually never ending customer base it shouldn’t be this hard.

Rewatching the promo video interview I learnt that investors, workers, management and the board were all part of a ‘jet stream’ to a brighter future for the company. Funnily enough it does not feel like that. In addition, to stating that we the investors are more than within our rights to demand more from the board and chairman and to question strategy. Well guess what the update, the interview, the rhetoric set us back.

Don’t measure performance by revenue and EBITDA. State that the two brokers with high targets (RNC and Dowgate) are ‘in house’ and admit the buybacks so far are just covering the options for staff. What do we get? No dividends, no share price appreciation and talk of a listing in the US years after called for and now the worst timing for such a plan.

True the market is pretty dire at the moment and a lot of smaller companies are getting hit but the problem is we had none of the good times preceding the pull back. What is an investors incentive to stay put? Come on Patrick give us something tangible - cancel 50% of all share in treasury bought as part of the buy back, give us dividends or share price appreciation through immediate tie ups. I know there is something good here but is not achieved chasing revenues at expense of other metrics.

Genuine question? Can you then confirm whether you are holding ONDO shares as more cynical investors may see this post as mischievous rather than genuine?

It is all rather grim at the moment. The update and the obligatory video did nothing to provide share price momentum. In fact the opposite. The emphasis was wrong and it is obvious what they need to do. The frustrating thing is it is a good business with the potential to be a great business but their messaging is missing the mark. RNS contract wins, concentrate less on revenue and more on PBT, show investors a pathway to returns - dividends, clear projections and the monetisation of the passed years investments.

Maybe the market will turn and maybe people might buy into the growth company this can be but they have to be more vocal on timelines after a wasted 3 years. I don’t want to wait until mid May for the qtr 1 update, be aggressive, build momentum and shareholder value.

Yep the buyback is flawed in the sense it has not provided liquidity and is limited based on daily volumes. It will take an age to get any significant volumes. If this is a policy sold as an investor benefit but used simply to cover options it is not great. But we need clarification based on final purchase amounts and also the terms of the options shares.

The buyback authorisation was upto circa 10% of share capital. We are yet to know what will happen to the shares held in treasury once the buyback is completed and the scale of it.

Whilst dividends aren’t a necessity it would be preferable to the buyback.

Really surprised that anyone would recommend CEO’s post. Most of which are one line of rubbish. The fact that they are already returning funds via an approved buyback is an indication that the funds could easily be switched to fund a dividend. You can’t say look elsewhere if you want dividends when the direct alternative is already in place and funded.

Nice to see them contemplating a US listing. Maybe a year or so too late as investors are diversifying away from a top heavy US market but welcome nonetheless.

As they say revenue is vanity and profit sanity and the PBT before tax was hidden further down the update than warranted. With all the acquisitions and partnerships it is hard to get a clear picture of the company until the full financials are available but on the surface it looks a good fit.

And there you go. Investor trust gone. Thanks and all of the company’s own making

To be honest the trading update should hold no surprises in relation to the 12 month financials. The 9 months have been published and there was no indication of issues with qtr 4. What they are not doing is convincing the market that prior investment is set to pay off in 2025. That is what they must do. Fingers crossed