QHL 2.70% 18.0¢ quickstep holdings limited

Ann: Major Customer Contract and Volume Update, page-8

  1. 450 Posts.
    lightbulb Created with Sketch. 56
    Well, maybe you need reminding of how incompetent the CEO and the QHL board really are :

    * Lost a lucrative Chemring contract because they didn't meet the specification requirements.
    * No new contract for more than 2 years.
    * The QHL share price has dropped more than 80% in the past 5 years and more over 10 years.
    * QHL board members have done absolutely nothing to action this falling share price.
    * QHL board members receive free shares and bonuses for doing absolutely nothing for the company or shareholders or the share price decline.
    * CEO Burgess receives free shares and bonuses for a declining share price year after year. do you think that is acceptable ??
    * No news to shareholders on the US Wichita manufacturing, no update on progress, production or anything.

    This company needs a good shake up and kick in the a_se to get things going.
    First and foremost I would sack the entire board .... they are not required as they only burn cash and get free shares for nothing, remove them.
    Secondly, Put Burgess on a remuneration that is share price linked .... if no increase in sp then no share or bonus for him.
    If Burgess doesn't perform, remove him ... he's had ample time to turn this around.

    It really is a pathetic and embarrassing performance by Burgess & the Board....





    Last edited by onthecash: Friday, 10:28
 
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