Partway Share Discussion Threads

[diku] 26/8/2021 17:38

The writing was on the wall in red ink...when a CEO leaving the company with immediate effect...and then the next paragraph thanking him blah blah blah...there is always that 2 -3 months gap period before the news to come out...massage the leaving news..





Parity, the data and technology-focussed recruitment and professional services company announces that Matthew Bayfield, Chief Executive Officer, will be leaving the Company with immediate effect. Mark Braund, the Company's non-executive Chairman, has been appointed interim Executive Chairman.

Mark Braund, Chairman commented: "On behalf of the Board, I wish to thank Matthew for his work and commitment through a period of change and wish him the best in his future endeavours."

[its the oxman] 26/8/2021 14:25

Price holding up well, thought sub 6p might be seen.

[diku] 26/8/2021 13:02

The reviewing will be to infinity...what is the weather like tomorrow...will do more reviewing if it is thunder storms...




Since Mark Braund was appointed as interim Executive Chairman in June 2021, the management team have undertaken a review of the business and refined the strategy to focus on and reinvest in Parity's core business of recruitment solutions; targeting in-demand skills in the data and change management sectors, where the Group has been developing a presence.

[diku] 26/8/2021 12:58

What does a professional services company do?...and they always seem to find a way of pin pointing the reasoning for poor trading...put the company up for sale...stop ploding along...







Parity, the data and technology-focussed professional services company, today announces an update on trading for the financial year ending 31 December 2021 ("FY 2021").

Trading in H1 has been impacted by underinvestment in the core recruitment solutions business over the last two years and the failure to develop a sustainable and scalable consulting business. As a consequence, the Group is revising its outlook for FY 2021 and will focus investment in the near-term on restoring capability and capacity in its core recruitment solutions business, especially in sectors where market demand is both strong and resilient.

[argylerich] 26/8/2021 11:30

Here comes Turner Pope to the funding rescue...?

[its the oxman] 26/8/2021 11:04

Dreadful update, surely only more pain to come here.

[diku] 23/8/2021 22:38

Hence no need to plod along...put the company up for sale...



Big turnover, narrow margins in this sector.

[weatherman] 21/8/2021 09:28

Big turnover, narrow margins in this sector. They ought to use their spare capacity to develop bespoke software and widen margins.

[diku] 21/8/2021 09:23

One of a handful of Y2000 tech companies still around with huge turnover but how much profit?...where is the money going?...am I or are we missing something...probably better served under a larger umbrella company...

[diku] 05/8/2021 07:16

Buying shares here is like supporting insiders lifestyle...

[chrisdgb] 04/8/2021 08:45

Maybe Rosslyn Data or Shearwater should buy them....??

[diku] 03/8/2021 08:24

Put the company up for sale...

[diku] 31/7/2021 19:20

Soon the BOD will ask is it worth being a listed company?...

[+eysenck] 29/7/2021 17:02

The share price got so bored with itself it fell on the basis of no shares being traded.

[diku] 27/7/2021 09:20

This really gone to sleep...

[diku] 21/7/2021 07:19

20 years passed by...

[chrisdgb] 18/7/2021 16:06

Yes would be nice to focus back on the company….!

[+eysenck] 18/7/2021 09:51

There was a trading update 20th July last year, so we may get some news soon.

[diku] 17/7/2021 19:39

Think buying shares here is like keeping insiders in their jobs...

[diku] 16/7/2021 13:22

Where is the take over?...

[diku] 13/7/2021 07:56

This share has gone to sleep at 10p...

[diku] 05/7/2021 19:31

Would Capita be interested here?...this is a people business...

[insideryou] 28/6/2021 07:36

Poor old mcnugget. He is the coward that continually down ticks your posts. Karma has his address.