ShipTap
29 Feb 2016
Re: Some news please It's been relentless Sorry News Flow.
46Gillingham
29 Feb 2016
Re: Some news please Sorry News Flow46G
46Gillingham
29 Feb 2016
Some new please When are we going to get some new flow??46G
deepsleeves
08 Jan 2016
Update Anyone got any idea when this turkey will be updating the market other than Woodford et alDeep
deepsleeves
30 Sep 2015
BIG Wow So the directors buy at prices from £0.50 to £0.68 and within months announce a placing at £0.40.This follows a loss of $25M on revenue of less than $2M. At this rate the cash will be gone in 18 months assuming the cash outflow gets no worse.The stitch up also announced, sorry placing that ignores any preemption rights, should provide enough cash for a further year.The directors by way of explanation suggest that they hope to produce more pallets......Given the financial accumen shown by them so far in purchasing shares I suggest any PI's who are unfortunate enough to hold this dog get out now.Deep
deepsleeves
25 Sep 2015
Re: Wow! JDNot sure why you find this shocking. The directors seem to have little understanding of the requirements of pallet users.They continue to focus on and quote potential and expected production volumes rather than any hard figures and facts on sales and customers. Given the track record so far why believe that even these will come to pass?Also the RNS mentions packaging companies but they are not the key drivers of pallet volumes. Its remains the retailers who control the volume in logistics.Deep
ShipTap
25 Sep 2015
Re: Wow! Wash your mouth out, jonny d : the man walks on water (did somebody say DRAX)?
jonnydurex
24 Sep 2015
Wow! Woodford or no Woodford this has been a shocker! gla
deepsleeves
18 Aug 2015
Re: Solution to a problem? KuznetsovDid not pick up on that connection, it could be useful but I am not sure that "who supplies the pallets?" is the sort of area that executive or non execs should be consideringDeep
Kuznetsov
18 Aug 2015
Re: Solution to a problem? Deep - Thanks. I was thinking of de Seze Carrefore non exec connection.Kuz
deepsleeves
17 Aug 2015
Re: Solution to a problem? Not sure about De Seze, a long time since he was involved at Volvo, and anyway by comparison to a supermarket they would have a small volume of pallet movements. Others, Rose and Blouvac may have some contacts but I suspect they would or should have been beneath those pay gradesMore interestingly Walsh and Decker who seem to be the founding figures are from a financial backgroundDeep
Kuznetsov
17 Aug 2015
Re: Solution to a problem? Hi Deep. Do you not think that de Seze and Rose might have some useful strategic contacts in the Big Box/Super Market sector?KUZ
deepsleeves
16 Aug 2015
Re: Solution to a problem? BBInteresting comments re Woodford that if I can convince myself that they are true may make me reconsider my investment strategy, do it yourself and never pay for advice or a % fee for what is laughingly known as asset management.If indeed Woodford is getting no remuneration other than from success, how defined?, then I think it must be a first for the financial service industryDeep
gamesinvestor
16 Aug 2015
Re: Solution to a problem? "The Company and the man do NOT get any fee unless the fund outperforms"Hi Brookie, RM2 is in both Neil Woodfords main fund, which is a fee based fund. The fee is fixed annual amounts (1% + churn fees) which the fund receives irrespective of the performance of the fund. Obviously if the stock values rise, the value of the fee rises, but there are no performance kickers.RM2 is in position number 55 in this fund and represents 0.37% of the funds total investments.The point you raise relates to the Patient Capital Trust Fund, which is a speculative fund and as you state, attracts no fee unless the funds performs above 10% of a stated hurdle rate, annually (this might be difficult to define) in which case the fund receives 15% of the gain above that.RM2 is position number 20 in this fund and represents 1.91% of the fund.I'd expect most investors and believers in Woodford would have only a small amount of their capital invested in the Patient capital Trust fund (closed end Investment Trust) and most invested in the core equity, "open ended fund".The top 10 holdings of the Patient Capital Trust are still highly speculative in that many have not proven their product in the predominantly healthcare/bio market.Games
Brookie Boy
15 Aug 2015
Re: Solution to a problem? Interesting views on RM2. Please let me correct you on Woodford. The Company and the man do NOT get any fee unless the fund outperforms. Secondly any fee is given in Woodford Patient plc shares. So their interests are very much aligned with investors, indeed they are an investor too. In addition their business is new, well just over a year old, so sustained poor performance would indeed damage their business and therefore their livelihoods. Just to be clear, my name isn't Neil, I just want people to be properly informed.Best of luck with investing.
