the might of hc, page-4

Hi stuverine,
I haven't spoken to Philip Wood yet.
I need to strengthen my individual position further & see what level of support I can rely on HC.
So far I seem to be a lone wolf on this board & the response has been muted to say the least.
Some might not trust what I am posting or have doubts that I have some hidden agenda.
My only aim is to achieve some serious reform/change in Intec's culture that has been entrenched for years.
Put yourself in P.Wood's shoes & assume that Intec is YOUR own private enterprise.
What will you do?
1. You hold on tight to people with technical skills & knowhow.You pay them generously,but you demand that they own a part of the business to insure their productivity & loyalty ,so that they don't get poached by other competing entities.
2.You save cash by working harder.
You don't pay someone 250k to be a financial manager while you have 2 (not 1) accountants,merely because he was your buddy at Resource Finance( if you realy need his skills,have him as a consultant & pay him accordingly)
You don't pay someone to be a "Corporate Development Manager" while the core of your job is to assume this role. Intec is NO BHP. It has a total EV of $1m(not including cash holding)
These are fair & reasonable demands.
We will achieve them with or without HC support(more effective,though,with some support from HC)
Lastly,I am not a "nut case".I am a doctor,but my wealth was made in the market by identifying value at the proper time (I see good value in Intec & haven't changed my buy recommendation since I started posting)
Soon I'll be posting an email address for anyone with a reasonable holding who wants to discuss matters over coffee or lunch.