Environ.Recycle Share Discussion Threads

[monte1] 15/11/2010 12:33

Morning bluetooth, hamble, ron tin tin.

[monte1] 15/11/2010 12:33

And teh difference is you.

[monte1] 15/11/2010 12:32

What a difference a day makes.

[monte1] 15/11/2010 12:32

24 little hours.

[warala] 15/11/2010 09:04

What a difference a day makes.

[bluebelle] 13/11/2010 08:07

Morning monte. Morning Hampster. Kind of you to say so !

[teh hampster] 12/11/2010 18:18

Morning Blue, Monte.

Indeed, a great apostrophe there as well as commas, brackets (both opening and closing) and full stops. Teh splendid use of capital letters also warrant mention as well.

Quite outstanding.

[monte1] 12/11/2010 11:56

Good morning bluebelle.

[phoenixs] 12/11/2010 11:41

New presentation on:

[2jinxed] 12/11/2010 11:16

Times do what you think is right and good to all men and women!!


morning all

[times104] 12/11/2010 10:13

Good morning 2J.. many thanks for your positive contribution.
With your approval I would like to post this on another BB.
Is that OK with you? or do you subscribe to iii/MW anyway?

TIA.

Oh! remiss of me ...morning all.

[2jinxed] 12/11/2010 09:54

above page 391 onwards to about 396 maybe of interest..




The video is interesting IMO

morning BB hope you have your application form in, could be you will have Competition, but nothing wrong in that..

[warala] 11/11/2010 15:47

Thanks Rock Star.

[rock star] 11/11/2010 11:28

Believe so. Has been a rolling start over last 8 weeks gradually increasing number of molds upto 10 on first line.

Travis Perkins have been advertising it on their website for last 10 days

[warala] 11/11/2010 08:57

Is there any plastic hitting the road yet?

[mark30] 11/11/2010 08:15

Thanks for the reply Blue, your assessment and feelings are very clear.

[bluebelle] 10/11/2010 20:56

Mark
No. This is an IP company and IP companies are dead easy to run if you have the right mentality and the likes of sugar, IMHO, doesn't. You need a small, tight Head Office team run by someone with a clear strategic vision. He must be, first and foremost, commercially orientated and have the personality, credibility and the (justified) perception of trustworthiness and reliability to do third party deals. You can delegate almost everything else.

KB, for example, would be a good Company Secretary sorting out the detail of licence agreements. Strikes me he's actually very good at that. He was never, IMHO, the right guy to be Chairman or CEO. As I've said before, had, for example only, Allan Leighton been Chairman or CEO of TDM working no more than half a day a week, this company would now be a major global player.

As it is KB and his cronies have muddled through for almost a decade now with nothing to show for it except a much reduced shareholding, a blow cushioned only by the amount of shareholders' money (good apostrophe there, Hampster) which they, both directly and through third parties to which they are closely connected, have managed to siphon off into their own bank accounts.

Whatever happens forward going this company represents a great wasted opportunity and a crushing condemnation of the corporate governance apparently common place on AIM but which, I hope, would not be tolerated on the main market.

[mark30] 10/11/2010 18:31

"The only circumstances in which I would join the Board of a company like this would be as CEO as long as I could then appoint a new FD followed by 2 independent non-Execs who would take an active role in the recruitment of a new Chairman (also probably non-exec). As I've said before, had someone done that a few years ago this share price would now be, IMHO, nearer to the heights it scaled a few years ago than to the depths in which it has wallowed these many moons now !!!"

Blue admirable that man! That said the trough is carefully guarded so dream on :0)

I suppose earlier expectation were (in a way) JUST after all the technology is without doubt useful given the landfill situation bla bla........

What was needed is a Branson or (hate to say it) a Sugar, sorry SIR A Sugar.

Still, if you want to step up to the plate go for it...............Hmmmm zzzzzzzzzzzzz

[jack horner] 10/11/2010 18:11

Blue belle, on reading your opening paragraph (1249) I would join if only to assist in the clearing out of any dead wood.

[bluebelle] 10/11/2010 17:35

Suggest what to who ?

The Board has never shown any inclination to act in the interests of non-company/family shareholders rather than in their own interests whenever the two have been different. I can't see what has changed now, other than the fact their holdings are proportionately smaller given the dilutions, which would have given what a I describe as an active institution an opportunity to act.

I can't believe that several haven't looked so presumably what they have seen has not been terribly attractive as a financial/management proposition. Most VCs have more opportunities than they can handle and prefer to take on straightforward propositions where they can work with the management rather than situations - of which this may be one, I don't know - where the management issue could be a problem.

The only circumstances in which I would join the Board of a company like this would be as CEO as long as I could then appoint a new FD followed by 2 independent non-Execs who would take an active role in the recruitment of a new Chairman (also probably non-exec). As I've said before, had someone done that a few years ago this share price would now be, IMHO, nearer to the heights it scaled a few years ago than to the depths in which it has wallowed these many moons now !!!

[2jinxed] 10/11/2010 16:48

BB why don't you suggest it to them, you never know, they may even take you on the board!!

[bluebelle] 10/11/2010 15:38

That's what I said !

Were there to be significant buying by an 'active institution' - VC, Hedge Fund or the like - who then put one or two of their boys on the Board, this would be transformed. Given that this proportion of the equity has been/still is available at circa 3p and Directors' holdings are, in the scheme of things, trivial, we must reasonably conclude that it ain't going to happen, unfortunately.

[times104] 10/11/2010 15:24

BB....correct.....as far as we know?

[bluebelle] 10/11/2010 15:14

...and no other institutional buying to take up the slack, as far as we know.

[times104] 10/11/2010 15:08

Things hotting up?
RBS shareholding:
69.21m 5th July
48.6m 27th Sept
14.5m 10th Nov
Hotting up?

A slightly different view.
Total number of days from 5 July to 10 Nov = 128
Total reduction in number of shares 54.71 million
Reduction per day 427,422
Balance remaining as at 10 Nov. 14.5 million
Therefore 14.5 million divided by 427,422 = 34 days
Say 10 December 2010, or thereabouts
Provided of course the sell off continues and at the same rate.

So, warmish, but, not hot, yet.