Ann: Result of AGM, page-9

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kybosh

311 Posts.

02/02/17

15:06

Post #: 22323233
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Originally posted by madamswer ↑

"Q1.....Early days, Madam, early days."

Gee, I dunno. These guys came out a little over a year ago with some seemingly ambitious targets; some time after that they brought forward one or two time lines.
Then Brexit hit.

And despite this, today they say they say nothing has changed and that everything is still on track.

And the ultimate arbiter of these sorts of things - namely the equity market - seems to be acknowledging this, what with the share price up almost 50% since the IPO took place.

I'm no apologist for corporate executive types, but you don't think the above summary scores CYB management, maybe a 6.5 or 7.0 out of 10? Or, at the very worst, at least a pass mark?

Q2......Please identify those "truly competent"

In most cases, I can't.

Which is why I tend not to vote on these sorts of things.
But you, evidently, actively do.

And the way you do so is exclusively and universally in the negative.

Which means that everyone on the executive competence spectrum - from even the seemingly-modestly competent right through to the comprehensively and holistically competent - gets tarred by you with the exact same brush as executives who are demonstrably inept charlatans.

It's no biggie; its just that if one is going to incur the effort to vote on company resolutions, doing so without applying an discretion whatsoever appears to be a somewhat strange way to do it.

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Jeez, you're taking me way too seriously. At the start of this thread I was out for a bit of light-hearted piss-taking about the 99% vote. Maybe I should have gone over to the humour topic.
That'll do me for the day, time for a beer & the cricket.
Cheers, big ears.

CYB Price at posting: $4.61 Sentiment: Hold Disclosure: Held
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Ann: Result of AGM, page-9

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