Member Info for Trisor

Well I must say it makes a pleasant change to see some blue

If Adolfo was capable of stripping out £160m out of this business in what appears to be a reasonably short period why could JL. I mean he only had the rights issue and then the sale of the businesses to play with. I just cant see any rationale explanation other than inept mismanagement

As for Takeovers -I cant see who would buy this given the government contracts. What I personally would like to see from the strategy update is a diversification away from the public sector and a much more aggressive international strategy. I simply dont trust Labour to run a bath . Starmer and his team are far more left wing than they are making out in my opinion and Im concerned that they will be having an irrationale look into outsourcing and increasing the state like their misconceived policy of charging VAT on education. Thats already petty ideology

@simpiles - not sure. What’s the average notice period in the industry and do they pay in lieu of a notice period ?

Savage-"notch taxation up a little"-people are at their limit. Tax burden is way to high particularly here in the UK as we stand

@Divan do you think these cuts come from the £60m initial cuts or are they the beginning of the £100m cuts?

Its only a matter of time before QE starts again-there will at some point be a debt crisis of magnanimous proportions which is why its extremely important to be diversified in my opinion over a number of asset classes-property , cash, shares, precious metals etc. DYOR and good luck all but the notion that all is tickety boo with the US ecomony or indeed and western economy is a falsehood and in my opinion will get worse with increasing populations and ageing populations

Savage they will only be able to service their debt via money printing -this notion that the US economy is doing very well is simply wrong. By the way true inflation figures are also considerably higher than quoted by most western governments and have been for years . Most of the jobs were created in government and health. the state is getting bigger -more mouths to feed. Please see below on interest on debt

"The Congressional Budget Office (CBO) projects that interest payments will total $870 billion in fiscal year 2024 and rise rapidly throughout the next decade — climbing from $951 billion in 2025 to $1.6 trillion in 2034. In total, net interest payments will total $12.4 trillion over the next decade"

Most of those are part time jobs...there are 300m plus people in the US...so 300000 additional jobs most of which are part time is absolutely rubbish.

The US is in huge financial trouble. Debt is through the roof. You are falling for the spin of the Democrat party

Which is why gold is now 2300 driven by central banks acquiring gold in addition to the usual suspects

The US economy is in real trouble. Debt is astronomical

@ JG -all I can say (and this is little consolation) that I'm in the same boat . Without being too philosophical, there is very little we can do to control what will unfold . The only decision one has to make is whether you can handle the stress and handle the loss. And write to IR.

I suspect if TW doesnt jump to AH's tune he will be out

People have been talking on here as to government debt etc. True but I would still reckon it will be cheaper to get professionals to run things than to bring everything in house

@JG68. I feel your pain. I think you need to assess whether you are willing to believe the new ceo or not. After that you need to assess whether you are willing to take a massive loss.

I’m still in utter disbelief as to how badly misled we have been .

Probably the shares have been allocated to Adolfo

Is there a list of upcoming dates for determination of our key revenue targets for this year? There is a list of key targets in the presentation

@Culley-IHope this is a steal of a price. Quite frankly if the revenue stays stable and there arent any other one offs this will do a switcheroo..even on their own numbers during 2025 when they will have stripped out 160m of cost, probably reduced property footprint, no pension contributions ,cyber in the rear view mirror and a couple of big contract wins

On the face of it that should be what's happening but how many Ceo's are full of utter crap...a lot

@NoFear-it seems from your 2 page link that most funds have been selling recently but a couple have come in . So in my opinion, unless I have misread the data, the drop since August 23 has had a lot to do with the II's

How the hell has the company allowed shareholders to be so utterly disregarded in this way?

@ Hexam -yes good point but I believe only shareholders over a certain percentage (cant recall teh threshold) have to TR-1 so there is some (albeit) limited value

@Hexam -isn't the underlying point that II's are not stampeding towards the door , which accordingly is of comfort ?

@JG -some days Im optimistic, others not. The Thames Water situation hasnt exactly filled me with much joy! Im not in there but still .......

@Trenners-you may wish to include a framed photo of JL and AH in the coffin!

AH mentioned 100m further cuts but didn’t specify what these were. Probably mostly staff but may be other areas too