Getting paid millions for this. Sack them all. |
And don’t forget all that investment in solar panels on their warehouses |
Likewise aren’t down
Tapi have invested big |
If you don't know the market is weak, you are clueless. Industry stats confirm, Headlam, Victoria, most manufacturers and wholesalers are struggling. Restructuring and job losses are happening for a reason. The downside is, these clowns didn't know how to negotiate it correctly. |
Who says the market is weak ? |
Like do appear to be doing better, along with Kellars. Everyone knows the market is weak, but it is the quality of the decisions and strategy from Headlam that is under scrutiny. The recent consolidation should have been done years ago, being just one point. |
Likewise RNS
Likewise Group plc (AIM:LIKE), the fast growing UK floor coverings distributor, is pleased to announce that trading in October and November has been particularly positive, with like for like performance showing strong growth against the corresponding period last year.
Total sales revenue in the two months showed an increase of 11.0% taking the year to date to 7.5%.
Sales revenue in Likewise Floors increased by 18.8% and year to date 15.3%.
That’s ok compared to Headlam |
Likewise is not doing so well either. |
Likewise sales are flying
Headlam just float on with underlying promises.
Selling off properties - to pay ? Reasonable rent |
bda3490
You know the whole sector is struggling at the moment due to the results at VCP, so yes, expect the fy results to be bad. |
I'm staggered that he received so many votes for reappointment. Major shareholders must be asleep at the wheel here to continue supporting Chris Pain. Top brass salary levels are ridiculous given the results and they've made no sacrifices, just continue sucking blood out of Headlam. No clue on strategy, chopping and changing and making it up as they go. In short they are a disgrace and an embarrassment to themselves. |
The board need a wholesale change - they have implemented so many bad decisions since Covid that have really bitten them. I was surprised the one going was not the Chief Executive, although this may surely come with the next set of results... |
They've already screwed last year's buy back up, taking most shares at more than double this level. Incompetent beyond belief. |
Sneaking the chairman leaving on a plaster RNS on the last Friday before Xmas . Buried that on .
No new blood just shuffle another NED across.
Obviously one expects the full year to be bad. |
No, please don't! |
Finally a sensible move... although very late...
Please buy back some shares!!! |
Buyers coming in?... |
Only 75% below the 5 year high |
On the move today... |
Perpetual Ltd increased their holding in HEAD by 638,404 shares yesterday (10 Dec) - just over £804k based on the closing price of 126p. |
Don't they have property disposal sale news pending?... |
Vcp is heavily indebted and Head is not. The downside looks limited and 3-4 times upside. |
The board have basically less than 80,000 shares c .001 % but loads of nil cost options in 2026?
No meaningful stake
Klingons !! |
Victoria went up 60% on Md share buy
Maybe Headlam lot could buy a lump
Its not like any on the board have a stake |
I doubt it bda with that balance sheet |
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