Tern Share Discussion Threads

[still waiting] 15/1/2020 13:29

we've been through all this before.

last year and the year before that etc

If you don't trust the management sell or vote against their re-election at the AGM

I'm here for the exits and as AS is one of the largest holders he will benefit the most.

I am in favour of additional directors however as the existing NED's are next to useless in looking after shareholder interests via shareholder communications etc imho.

[jprich] 15/1/2020 13:29

I thought Dave444 said Al has until 31 Dec 2019 to do something and get the share price to 30p+ otherwise EGM.

What happend!

[ff2345] 15/1/2020 13:25

Excellent jp.

Please can others take some form of action today or tomorrow. Email, letter, phone call..... however you want to do it.

But just ranting on here will get us nowhere.

[duxy786] 15/1/2020 13:21

JonC15 Jan '20 - 13:20 - 182711 of 182712


only "115%", you sure....his last calculation was closer 900%?

[duxy786] 15/1/2020 13:21

jprich15 Jan '20 - 13:18 - 182710

Thank you for posting your response. This is the only way the BOD are going to listen.

[jprich] 15/1/2020 13:18

Thank you for your email, copied below, regarding Tern Plc (the “Company”;).



AIM Regulation considers all enquiries as regards the conduct of AIM companies and nominated advisers in respect of their compliance with the AIM Rules for Companies (“AIM Rules”) and for Nominated Advisers (“Nomad Rules”), and takes action where appropriate. Please note that AIM Regulation's remit does not extend beyond the AIM Rules and Nomad Rules. Further information regarding the remit of AIM Regulation, and that of other regulators and competent authorities, can be found at the following: AIM Regulatory Landscape.



As indicated, we can assure you that we consider all enquiries and investigate alleged breaches of our rules. However, you will appreciate that confidentiality is essential in maintaining the integrity of our work and, accordingly, please note we are unable to comment on individual enquiries.



Thank you for bringing your concerns to our attention.



Kind regards,



AIM REGULATION

[monte1] 15/1/2020 13:16

Duxy786

I am considering proposing you as a NED in this freebb boardroom shake-up that is going on. Are you up for it?

[par4artthou] 15/1/2020 13:14

True ff Johnma and his associates combined would be key to this.

Could someone better qualified on here and in support, contact him to sound him out. We have to be sure of our position before setting anything in motion.

[duxy786] 15/1/2020 13:11

"Johnma may be key here"


Lol, I can get you a chocolate tea pot if you want.

[ff2345] 15/1/2020 13:07

Agreed part4. I have the feeling that there is a large number of PIs who are deeply frustrated by how we are being treated. I have ticked you up.

Momentum is key here. And I feel we now have some. Let's keep it going and force the BoD to pay attention and act like a BoD of a public company.

Johnma may be key here.

[sweepie2] 15/1/2020 13:05

Could have quite easy had a Wyld update with a new client and their event in USA which could be transformational to the company.
A shot across the bows if nothing else

[par4artthou] 15/1/2020 13:02

I feel a storm a brewing. Lets do it.
All those in favour tick this post up.

[ff2345] 15/1/2020 12:56

At least 2 letters are in with the regulator. If we have a few more send letters, Johnma require the BoD to call a GM, and people on here email and write to the company we will start to see some action.

It is in our hands now.

[par4artthou] 15/1/2020 12:50

My posts from last month.......


For me a boardroom shakeout would be welcome and will be the only thing that will improve this operation.
We could do with someone on this forum who could advise on the procedures and legalities involved with all this.
However good AS may have been in the past he is proving completely ineffective when it comes to TERN and its shareholders. The radio silence, the bucket shop placings and the seemingly suppressed share price are beginning to make me wonder weather the guy is actually out of his depth here or he just sees us as a bloody inconvenience, either way I would prefer to see him moved.

I expect a placatory RNS shortly, as has happened in the past whenever this has been raised, just to keep us peasants from revolting. Wait and see.

[andrbea] 15/1/2020 12:41

A.S. didn't answer questions at key times
So no compassion, from me, if he gets a rocket up his 'xxx'

while he did tell us.... about the salary rise:
he was quiet on:

where the last placement went/or is going
what ternf is all about
what US Capitals have (still) on their website, and which even got to Yahoo Finance as a press release.
Why use bucket shops in 2019 when Primary Bid is there (and everyone can participate)?
Why the channel 9 video by Microsoft didn't even merit a (short) RNS? (or the Microsoft webinar in October...). Microsoft is SIMPLY HUGE.

I would applaud the last director in, taking over.

[podium] 15/1/2020 12:39

Good posts Vitec. The derampers and enslaved to post 24/7 are irrelevant to the share price. That is all down to the BoD and their conduct.

[duxy786] 15/1/2020 12:32

ff234515 Jan '20 - 12:17 - 182693 of 182694

Johnma; fancy requiring the BoD to call a General meeting? Call them to account!!"



#cahoots

[sweepie2] 15/1/2020 12:30

Largest contract ever for a 50% owned investment with a global multi billion euro turnover company with additional contracts to come and we are down, you not make it up
but a good reminder to all what can be achieved

Tern Plc ("Tern" or the "Company")

Significant commercial order for InVMA

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, InVMA Limited ("InVMA"), has secured an initial order commitment worth £817,000 over a two-year period to provide its AssetMinder(R) solution to a global, multi-billion Euro revenue supplier to the industrial and construction sectors (the "Supplier").

This represents the start of a global partnership between the Supplier and InVMA, which will see AssetMinder(R) deployed into the Industrial Internet of Things ("IIoT") sector. InVMA will enable the Supplier to deliver a condition-monitoring offering for the smart manufacturing and process industries, IIoT sensor, and other asset management that incorporates predictive analytics to maximise uptime and productivity.

InVMA Chairman and Tern director, Bruce Leith, said,

"We believe that InVMA is a pioneer in the digital transformation arena and this order commitment highlights the level of acceptance that its AssetMinder(R) solution has gained within the industry. This is a significant strategic relationship and provides a foundation to expand the capabilities of the Supplier's IIoT product portfolio. As a major shareholder in InVMA, we look forward to benefitting from the value that this contract should create within this exciting investment."

Tern has a 50% equity ownership of InVMA. Tern's investment in InVMA was valued at £1 million in the Company's unaudited interim results for the six months to 30 June 2019.

[poppet123] 15/1/2020 12:28

What happened to BIGJOHNMATHEWS ?🐖

[mudbath] 15/1/2020 12:25

I am sure we could marshall sufficient shareholder backing,with or without Johnma.

All we need is a suitable agenda.

[ff2345] 15/1/2020 12:17

Johnma; fancy requiring the BoD to call a General meeting? Call them to account!!