Thanks for your continued efforts on this SIMLA.... hope you remain on board in some form or other. Your postings must take considerable time and effort.... greatly appreciated from this shareholder for one.
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Thanks for your continued efforts on this SIMLA.... hope you remain on board in some form or other. Your postings must take considerable time and effort.... greatly appreciated from this shareholder for one.
Thanks, Gr8day. Yes, it takes time. But I continue to care about the fate of this company, and the shareholders, even though I sold my own shares with massive frustration because my need for rigorous logic no longer matched the level of information I was able to perceive with BLT over an extended period.
That's why I think it a great idea to vote Barry on. His annual reports always dripped with vigorous thought and logic and data and I think that is a great asset for any company and for Blis. I cannot possibly agree with the assertion of the company that Barry does not "add to the Board’s capability" when we have already seen what he gave and what the company in my opinion needs more of: rigorous in-depth analysis of every move. The company is hardly in a strong position as the financials show. Careful and deliberate thought are about the strongest asset a company can have in a situation like that. It is extraordinary to me that Barry is contributing his capacity on that front at little cost and yet they are not interested they tell us.
Didn’t the directors get a decent pay rise as well
Guess what folks, I'm a shareholder again. ;)
A very small holding that certainly won't change the vote, but I wanted the pleasure of voting for Barry to be appointed as I strongly believe that will strengthen the company and I remain interested in the fate of this company.
No idea what I'll do with it afterwards. Keep, sell? Who knows. It's not big. Proof that small shareholders should vote anyway.
Welcome home SIMLA!! (your 250,000 trade this morning?)
yay, Simla back in the house! One thing is for sure you have absolutely convinced me I need to make my vote count. I wont be going to Dunedin unfortunately. Was it Pierre who went a couple of years ago and pressed them on info? Wonder if he is going again.
Oui, c'etait moi. Would love to go again this year but not sure if I can get away to attend. Will see how things go over the next few days.
The last two years under the new CEO have been particularly disappointing as the momentum he inherited has slowed to a crawl. And as Simla has commented all that seems to have happened is that more high cost staff have been appointed but with little apparent effect.
Great to have you back in the fold again Simla. I always enjoy your well-researched analysis - there's no need to be apologetic about it either.
I urge all shareholders to vote in the forthcoming.election of directors - and to give serious consideration to voting for Barry Richardson. Even if Barry does not gain a seat at the board
table, there's no harm in sending a message to the directors and management that we are not happy with the company's performance.
July 2018 (today) "Guidance for the full financial year ending 31 March 2019 is for revenue in excess of $7.0 m, an EBITDA in excess of $0.6 m and a small profit emphasising the steady business growth we have experienced over the last four years." https://www.nzx.com/announcements/320595
July 2016 "Blis Technologies Limited announces an updated guidance that the company expects to achieve FY2017 trading revenues in excess of $8 million and Net Profit Before Tax in excess of $0.7 million." https://www.nzx.com/announcements/286392
I cannot think of any useful comment on that. Good that they updated on the June quarter anyway.