Surgical Innovations Share Discussion Threads

[bashor] 17/10/2014 09:49

Lets hope Chris Rea can put some good engineering heads to work and get this back above the 4p he invested at, after all that's what he's all about, he may not know the medical industry but he does know how to shape metal, in the end cost will out

good luck all

[argyle underclap] 16/10/2014 22:58

With a decent whiff of good news, the share price - as we are shy of a tiny 10M Cap - could see this race up.

Here's hoping

[bashor] 15/10/2014 11:43

Thin volume, it's going to be tough to add today

[cliley454] 14/10/2014 12:31

CR new of all the skeletons before he put his cash in. All just mho.

[kenone] 14/10/2014 11:28

Told you we should have bought at 2p - cant get that now

[bashor] 14/10/2014 10:48

I have just placed an order to top up here, or should I say average down

[kenone] 14/10/2014 10:27

I think CR will soon announce his plans for the future. When he does, the share price will start to go back up - perhaps that will be the time to buy ? Hopefully we will all be kicking ourselves in a few weeks time for not loading up at 2p !

[meijiman] 14/10/2014 09:56

so what's next here? Are the shares worth buying? I don't have a clue. The most reassuring thing is that CR has skin in the game -unlike the previous who cashed in his chips.When he put in £4m I don't think he quite envisaged having to sort out this mess. Still the time to buy is often when it looks darkest.

[darrin1471] 13/10/2014 17:17

How does Sun fit into CR's other businesses. I could not find see any medical companies in his portfolio.

[mandate] 13/10/2014 16:05

This is where I bought at all those years ago! Agree, a big plus for CR getting involved.

[argyle underclap] 13/10/2014 15:37

Yikes.

Didn't ever think we'd ever sink this low.

I take comfort only in CR sinking his own money in.

[boonkoh] 13/10/2014 12:02

I like how decisive action has been taken wrt management. Really impressed with the speed. Looks like the board and senior execs have the urgency to try to turn things around, although a fundraising is probably still on the cards I think....

[cliley454] 13/10/2014 11:56

It's his latest project and he will already have a viable plan which he is now executing. Cutting out the dead wood with more to follow, all the way from top to bottom. They have a good business that was badly run. All just mho.

[kenone] 13/10/2014 11:42

Lets hope Rea can sort it out - he must have thought it viable to have sunk his money in. I wonder how much of his time he can commit bearing in mind his other business interests ?

[jmf69] 13/10/2014 11:39

More reshuffle and a couple of directors chopped. Chris Rea taking charge.

[gbh2] 07/10/2014 13:37

Need to cut down on the Chips mate ;)

[argyle underclap] 07/10/2014 13:22

hoping for a double bottom here

[cliley454] 03/10/2014 12:33

Mr Rea is running things now so he will be cutting out all the dead wood first, then he will bring a couple of his own people in on the ground. Any parts of the business losing money will be axed and any gaps will be filled by sub contracting. In 12 months it will be a slick operation. All just mho.

[meijiman] 01/10/2014 16:33

Lots of good posts. I'm wondering whether to dip my toe in again having thankfully sold out rather higher up. Assume Yorkshire Bank would not have given them a new £3m line without pouring over the numbers a bit.That said the poor old ordinary equity holders are always last in line if things go very badly wrong.

[gbh2] 01/10/2014 15:57

Bashor, this is the best explanation:

[mandate] 01/10/2014 15:56

Perhaps the shake-up has more to do with CR

[gbh2] 01/10/2014 15:30

Very true mandate, they've always been the backbone of the company and it was GB that brought them on-board when they revised manufacturing interests, that's why I was surprised he was the one to bite the bullet!!

[meijiman] 01/10/2014 13:00

Thanks. Joseph and Max will not be pleased with their investment -as they look down from on high.Maybe they threatened to dump their holding if some management changes were not forthcoming.

[bashor] 01/10/2014 12:51

"Who are these Getz Brothers"

[meijiman] 01/10/2014 12:37

Who are these Getz Brothers and why have they sat by passively whilst the value of their investment has plunged? Doesn't make any sense. Wonder if CR spoke to the Getz's before investing. (Sounds like a US rock band) Clearly these Getz Bros may have had a hand in forcing management change in the company. We may never know.