Member Info for win4call

It will probably pave the way for Zorbas not to leave, he can cite corporate governance rules or some other such excuse not to go.

As said, many have walked away from MRS based on JZ whether it be directors, PR, market commentators Or shareholders. He is toxic , in it for himself and the few cronies who suck up to him.

I don’t find it particularly amazing, come to expect this as the modus operandi of Fowler.

With a tricky AGM to face and a need to raise funds with the SP well under nominal of course he was going to tell all , go on the charm offensive and roll out the media campaign. Job done, back to ‘don’t tell them Pike’ mode.

Well find out eventually, hopefully soon -damn started using his words now !

Well he lasted long.

Asking for another stock.

I remember reading someone explaining theory behind trades that are reported just after 5pm - often 5.06 - and that they were to do with spreadbet businesses. As a generally knowledgeable poster on such matters I’m taking a leap of faith that it maybe you that posted or perhaps can confirm anyway. I’ve seen a few of late on different stocks, often of reasonable size that indicates it’s nothing to do with a PI.

I read somewhere that trades around this time - 17.06 - are to do with spreadbet firms, though can’t remember the details. Have seen similar on other stocks with large trades and always around this time.

So who’s now the childish one with the personal remarks.

Clearly one of the Zorbas loving cronies.

If that’s all they see is that they’ve won and can therefore ignore reasons behind the last 2 EGM requisitions then , sure, they’ll carry on failing the business, failing shareholders other than the few large holders ie. themselves and their cronies and this will continue to be seen as an uninvestable dog.

Past history suggests no desire to run this as anything but a scam for the few, however much the BoD try to pretend otherwise.

Just thought both sides might want to ry and move forward but not if it’s seen in the context of winners and losers.

Personally, I’d rather that there not be another EGM attempt .

It would be better if the 2 sides try and come together and thrash things out. Maybe have representation via the 2 proposed non-execs.

This would depend very much on whether the BoD have only their own interests and also whether rebels would be prepared to work with them.

Also depends a lot on whether Zorbas steps aside as proposed and whether he and the likes of Hogan distance themselves.

I don’t see how this can ever move forward whilst there are constant battles. That’s pretty much been the case for the last few years.

But all the SVS shares were at 10p ? Whilst some maybe went in the teens prior to the placing, we’ve been sub 10p for a few weeks now so they won’t want to let too many go at this level surely ? Or is this all done to keep below nominal for now and why ?

Too many puzzles.

Interesting reply given the shouty comments you’ve had removed today.

Regarding the EGM , not a surprise to me and nowhere will you find posts from me suggesting that he BoD would be defeated.

We have 2 large factions, one bigger than the other that are vehemently opposed to each other. What is clear though it that it is the boards actions for the demise of the SP. Let’s not forget, it was the ludicrous Alerion deal that saw this drop , not any of the EGM requests- they were a response to the resulting fallout from the deal and all the subsequent confessions / clarifications around the selling parties and all the related linkages.

The BoD have facilitated failure at many levels:

The placing last year which went to Hogan but was covered up.
The failure to refinance.
The failure to appoint a non-exec and meet corporate governance requirements until it was brought to light earlier this year even though there had been a board commitment last year to address this.
The issue of Hogan and his dodgy TR1 reporting.
The Macquarie TR1 , 18 months late.

There are those, like yourself, who blame the rebellious shareholders for all the issues with the SP and sentiment. I think many , including commentators on social media point the finger at the board.

Questions, if you are so supportive of the board. Will Zorbas step down as previously announced ? Will the refinance agreement ever get announced and more importantly, will it be good for the business and SP. Will the next new non- execs be truly independent ? How will the company demonstrate that it is truly working for shareholders - other than a few major ones ?

A bit of Anto gloating.

Nobody likes him but he don’t care.

I’ve been reading a few posts and comments on line recently regarding stocks which have been manipulated / shorted / controlled by market makers and / or brokers , sometimes to force companies in to placings to help close out their positions. Particular one mentioned a few times has been Berenberg.

Can’t help thinking that NCCL is being played in some way by market participants for their own ends.

Or under valued given all that’s going on.

I thought we’d prefer the SP to be higher even without the anticipated contract announcement ?

Fair to say the market is ambivalent to the results, same as it is to MRS these days.

Long, long way back from here - if at all. This has had so much garbage going on around it that trust and sentiment are non existent.

Let’s see if Zorbas really does step down and what the next surprise is. Probably have him and Hogan as our 2 new non-execs.

I’ll be happy to find myself wrong on this but difficult to be optimistic as a WSG shareholder after so many cuspy years.

I agree that any rise will be temporary without follow up news.

I also think 25p is optimistic, my guess would be 20p max and maybe not even reach that. Previous announcement was out of the blue , this is expected news now.

I’m not sensing any great anticipation ahead of Fridays EGM. Only a couple of trades a day, SP stagnant, bulletin boards silent.

Can’t see the BoD being overthrown. Future depends on whether the BoD approach changes or whether they continue to be at war with holders and determined to trash the SP for their own end.

This might seem ready for a move up but at the moment it only seems to be going one way. Not sure what the catalyst would be for reversing the trend here. Looks like further to fall before any change in fortunes.

I see Hogan now claims to work for LH Asset Management. I wonder how long they’ve been established and how long before MRS acquire them for another few million shares ?

Somewhat off topic but talking of missing shares ...,

Did anyone see the RNS today from MRS where a 3% plus holder has informed them that they divested their holding in February... last year !!

How can that happen , it wasn’t even an individual but Macquarie bank ?!?