Re: QPP Stream Log - It is absurd to blame...

It is absurd to blame the media, negative bloggers, commentators for the decline of this company. The blame lies fair and square with the Board. Even the most cursory review of recent events from the non-listing, the RAC contract, the misleading RNS statements, the fiasco of the recent share sales have contributed to a near total loss of confidence. The good news is that IF there is still something of a decent business within QPP then confidence can be restored- but a prerequisite is a cleaning of the stables- new Chairman, new strong NEDs, new advisers- and probably new accounting policies ( the price won't fall on new policies- it will rise if the numbers are believable). But the time for change is running short. A pity M&G are selling rather than forcing resignations. It would be a pity if RT hung on in his bunker and in so doing brought the whole company down.