Member Info for zccax77

Why even bother with a TR-1 with such a small change?

BS, how come the CFO does not own that many share?

Shapre seems to have a good rep in the city. Maybe he can lift the SP.

“The future is as unknowable today as it was three months ago,” Odey wrote in the letter, without giving an explanation for the fund’s performance.

The performance follows years of losses as Odey maintained bearish bets during an historic bull run. When the market cratered in March, he was among the few bearish investors to profit from the downturn, posting a 21% gain for the month. His main fund has shrunk over the years, and now manages $624 million, according to the letter. That’s down from about $700 million in March.

https://www.bloomberg.com/news/articles/2020-07-08/crispin-odey-hedge-fund-s-losses-deepen-to-17-9-in-first-half?srnd=premium-europe

BoD pay themselves £150m but want to only pay £3.50 for labour for the people who make their clothes. Disgusting exploitation of poor people.

why hire a part-timer.

Voleon -0.11%

Plus if you read the RNS, his wife also partook in the purchase. How did he manage to convince her to partner with him in such a big financial decision?

Asymmetric information ;-)

Based on his year end results performance I thought he was a reluctant CEO of a basket case bank, why would he spend so much money and now ?

Cyberdog I am also glad as well we can now bury the M&A nonsense. Dan knows the issues and where the bodies are buried and he just spent 17 months of take home pay in this. This cannot be any more bullish!

*take home pay.

Dan has just spent 17 months of his CEO salary on this thing. Assymmetric information.

£10k might not be alot for a CFO, but I am not sure the BOD make a huge amount of money compared to other industries so in that respect £10k is alot especially for a temp.

They need a new CEO I agree. Tina seems perfect, but not sure if she would want to though.

Why would you expect H1 results to be good? They currently have no COO/CEO and are completely rudderless, these guys have been dreadful over the last 18 months. Sooner someone takes them out the better.

Why would an "interim" CFO buy ? might not have a job soon if this went under.

The BoD has assymetric information and I would not look too much into the boiler plate not re the VAT owed, twas forced to put it in by the auditors to cover their back.

Not looking good.

https://www.hl.co.uk/news/articles/households-are-saving-200-more-during-lockdown,-but-are-they-getting-a-good-deal

Jinny I think their deposit book would have increased. In the Q1 trading update they said their deposits in April were stable. Subsequent to this they have reduced their 1 year rate from 1.2% to 0.8%, they are no longer in the top 10 best list. This means they are moderating and trying to slow their deposits. So I am not expecting them to show a reduction in deposits at H1 next month.

Theo, so over a year the base rate has decreased by 0.65% but the delta in the savings rate has been 1.1%?