Member Info for TRENCH123

Looking forward to what happens next. Interesting times ahead

Well said

Correct

Burt, they have had over 200 applicants for Peter's job. You would expect that there will be someone who can do a decent job here

Burt, your sudden re-awakening of interest in PYC since the placing was announced has been quite remarkable. You are (rightly or wrongly) giving me the impression that you were involved in the placing

I believe that JM and PS do work hard and earn their pay and have created an excellent business. Their downfall (and I hope it is not) has been their failure to align themselves with shareholders by not investing their own money in the business. Hence, they have been shielded from the effect of low-ball placings and have come to accept it as the norm

Sensible comments

Avocet, if it was a lifestyle company - and I am sure there must be a fair number on AIM - then maybe so.

PYC is a well controlled progressive company so not relevant here. Very impressive raise it has to be said

Did not involve myself with the WRAP. Happy with my near 1% holding. I thought the funds from the main placing plus the £50k WRAP were quite sufficient. Board had no need to dilute with extra £150k in shares from WRAP, should have been scaled back IMHO

PYC likely has cash until late year, I expect the raise now is to avoid any distraction when the new CEO takes charge from June. I was surprised by the unnecessary excess fundraise (proposed) from the WRAP. This could influence my voting intentions

Trout, I am beginning to wonder if you were involved in the 10th March placing, you seem very clued up on it. I am quite relaxed with the way things are moving, it will be fascinating to see how things develop

Trout, I watched the latest video from the Doc and, as a shareholder with a genuine interest in the company, I was encouraged and reassured by what I heard.

Iknownuffin, thanks for taking the time to present the excellent detailed account of PYC position. Much to look forward to here

Jim Millen is still fully committed to PYC. He has been behind many of the initiatives which will be successful. Great respect for him

New large shareholder (Ian Bagnall) from a few minutes ago :-

'Happy to join the journey here at pyc looking very undervalued with the excellent team delivering contract wins, expecting further progress and consequential increase in company value. Will add further on any weakness'

I cannot understand why LSE have failed to acknowledge or list a number of key RNS releases over the last few days. This includes the new major shareholder announcement after hours last night

The WRAP offer is scheduled to close tonight. Will this still go ahead ?

Miniscule market cap, but genuinely should to be multiples of present mcap.

Can we please hear from the rogues who involve themselves in cut-price placings and then look to rip off true shareholders by advance selling the shares they don't yet own. I have absolutely no sympathy if they get caught out. Well done to Mike W and others

Thanks for the update. RNS on London Stock Exchange 18.04, not posted here yet

We have the Doc to thank for giving the market a bit a shake up