Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Finally a much welcome breakthrough by Umuthi Healthcare Solutions and an update which is explanatory.
Companies on the LSE and other stock exchanges regularly issue new shares for a variety of reasons especially acquisitions, so this is a most plausible RNS
Still Mr Gerhardus Viljoen as CEO of Umuthi healthcare Solutions needs to step up and declare what is going on now and where UHS is headed
The question is "what is the CEO Gert Viljoen doing" where is the man exactly, behind his desk, in the warehouse, where and perhaps he should do a London South East video blog and explain what the company is doing and going to do.
Mr Viljoen can we arrange an interview for you on London South East?
That's a huge negative and warning. Best he stand down and a proper CEO steps in if there is a candidate for succession and someone who can generate a news release.
Mr. Viljoen, wherever you are, would you mind posting something on this blog and say what is going on? Simple
Does a holiday in South Africa count as the company UHS is on the LSE.
This impasse and silence does question the competency and suitability of the CEO Gert Viljoen to run a LSE company.
We need a leader to lead from the front, not the rear!
Put out a release and let’s get on with it.
Are we going to get a reply from:
Umuthi Healthcare Solutions Plc
Gert Viljoen, Chief Executive Officer
or
Via IFC
IFC Advisory Ltd
Graham Herring & Zach Cohen
Will there be a statement put out on the www.umuthiplc.com website and whilst there please update it
If Gerhardus Viljoen the CEO of Umuthi with some 47m shares of the 92m in issue, which Prospectus declares he is critical to the business can't come out with a statement or update for Umuthi declaring what is going on, will find that Temporary will go to Permanent in a London nanosecond.
What is really going with him and Umuthi?
Pity that the Umuthi CEO is unable to keep shareholders and customers apprised of what the hell is going on!
Set your alarm clock and put out a release for heavens sake.
No need to be snippy YAE
If it is all shareholders and the CEO signed off on that as per the RNS then that is of comfort.
Would these agreements be those significant shareholders listed on the companies website or relate to the collaborative business agreements in South Africa.
The Board needs to put out more information than this wallpaper statement.
Scrounging for news from South Africa is that UHS is in discussions with a M&A of 2 health facilities which is a good sign that trading will be restored hopefully in about a couple of days and that there is a heartbeat.
Why the BoD are not able to put out a communique over www.umuthiplc.com is shortsighted & disrespects shareholders now and in the future as open channels of comms is essential.
Can we read something please and update the website!
From the UHS Prospectus:
Lems requires a licence to market, manufacture, distribute, sell or supply medicines or medical devices in South Africa. Lems’ licence was last renewed on 18 November 2015 and is valid for five years from
that date subject to on-going compliance requirements, including costs of licensing and accreditation.
Any failure to retain the current licence, obtain necessary renewals or such additional licences as the Board
may consider desirable may negatively impact the prospects, operations and financial condition of the
business.
If this has or has not been renewed, either way the BoD needs to issue a release to that effect.
That might still happen depending on findings.
The absence of any BoD statement or release whatsoever, even from the website, which corporate update was last done on 23 March, becomes ever more ominous as the Temporary Suspension is held in place.
Going back to study the UHS Prospectus and see what gaps and vulnerabilities could be under investigation
Looks like the share dump of last week over 3 days could have been flagged & is being looked into
Looks like the 3 big share blocks (2 X 250,000) and 1 X 500,000 shares attempting to offload - caused some concerns at the FCA - as trading halted after the 500K sell order at around 2:00 pm
They will be asking questions expecting proper answers
Umuthi Healthcare Solutions Plc Ord Gbp0.001
It has a market capitalisation of £32m, with approximately 92m shares in issue.
Over the last 2 months, Umuthi Health. share price has been traded in a range of 130, hitting a high of 160, and a low of 30...............
Can we please get the CEO out front & centre and hear how he is going to take the company forward?
Keen to hear a 5 point plan and review a PPT presentation on going forward as there is much potential ahead in these times for a technology enabled biopharm company out of South Africa.
Finally the auditors conundrum has been cured - now lets see the proper trajectory of Umuthi Healthcare Solutions and reveal its leading edge proprietary IP.
Next up must be to surely commence trading.
Is in talks with the UK Financial Conduct Authority regarding the resumption of trading in the company's shares on the main market.
Let's get trading underway..... when is the next RNS people?