80 days ago
In 2023 Harry ”trougher” Adams earned £362,000 as executive chairman of Kefi Gold & Copper (KEFI). In 2024, despite missing all operational and financial targets and diluting investors to buggery, Adams trousered £733,000 including a £75,000 cash bonus for his outstanding performance and £173,000 for having to work more than four days a week. So, on the day Adams awards himself yet more options and gives three hundred grand of free shares to his best mate, what about 2025?
126 days ago
I wonder what Harry Adams’ total takings from Kefi Gold & Copper (KEFI) will be this year. As we muppets who put our own hard earned into the shares consider yet another shafting and 28% dilution I will open a market on ‘arry’’s total trough in 2026: salary, pension contribution, payments for working more than 4 days a week and bonuses. My spread is $1.2 million to $1.5 million. Put your guess in the comments section below.
168 days ago
At the urging of a man with a bee in his bonnet I have found myself reading the main market prospectus of the Smarter Web Company (SWC) thus morning. Truly is there no rest for the wicked? And natch it is director’s remuneration that is my first port of call.
253 days ago
A kind reader brings my attention to the Kefi Gold & Copper (KEFI) website Q&A section and a comment from last month. Harry Adams your sense of entitlement is nauseating. I remain a loyal shareholder as I regard the shares as very cheap but “Trougher” shames even the low standards of AIM.
309 days ago
If you lie down with dogs you end up with fleas. Adam Pollock of Oberon Investments appears to have forgotten that.
406 days ago
408 days ago
413 days ago
1094 days ago
It is on page 42 of the Wandisco (WAND) annual report, sent to shareholders yesterday, where you find what must be the most disgusting reward for failure the AIM sewer has ever seen.
1340 days ago
When David Budd joined Genedrive (GDR) as its CEO in early 2016 the shares were 116p. Today after diabolical full year numbers the shares are now just 10.5p. So we are all in it together right? Er wrong. While investors have lost 91% of their cash Budd has trousered just over £2 million including an inexplicable 2020 bonus of more than £207,044 taking his total package that year to £444,615. Oink. Oink. It gets worse…
1548 days ago
As folks guzzled on the covid testing hype one man grew very rich. Graham Mullis was CEO of Novacyt (NCYT), a nothing biotech perennial dog which just happened to have a test. Mullis was to be awarded a cash bonus, the size of which was dependent on the share price on October 17 2020.
1723 days ago
Scumbag Labour Lord Drayson has today stated that the market fails to value his Sensyne (SENS) company and that as a result the company is enterimg a formal sales process as he tries to secure funding. So why might the market “undervalue” this company? Take your pick from these reasons.
1768 days ago
You may remember that directors of Novacyt (NCYT) made an abosolute killing because of a cash bonus plan which was dependent on the share price at October 17 2020. Assisted enormously by news of a massive contract win with the DHSC announced on September 29 the shares were c930p on D day. Today they are 325p as the horror of the DHSC feck up emerges. As a reminder here is what Novacyt said on 29 September sending its shares roofing it:
1965 days ago
As per its recent trading statement, Finncap (FCAP), like every other City advisory and broking firm, has enjoyed a quite amazing year. It is the nature of this industry that it is either feast or famine and with massive M&A activity, debt and equity refinancings and even IPOs in the small and mid cap space, even Finncrap must have coined it in. That brings us to today’s news that its, self-important, smug and woke, CEO Sam Smith has bought 130,000 shares at 30.5p.
2164 days ago
With its hand forced by media reports, Reach4Entertainment (R4E) has been forced to admit that it could be set for a material cash windfall, but this comes only after the CEO of the soon to de-list AIM company, Marc Boyan, has engaged in massive share buying. It gets worse.
2541 days ago
As it announced pretty decent full year numbers, shamed Hargreaves Lansdown (HL.) did its best to pull the sting from the Woodford scandal by announced that CEO Chris Hill would skip his 2019 annual bonus altogether. But with respect the firm talked utter shite…
3280 days ago
The Financial Reporting Council has announced that it has opened a formal investigation into the accounts of outsourcing group Mitie Group (MTO) for the years to March 31st 2015 and 2016. Mitie is in the spotlight and auditors Deloitte will also be investigated. So what has Baroness Ruby got to say about this?
3747 days ago
I am still a tad under the weather but still I am jolly productive on the article front. In today's podcast I cover a valid point made by a UK Oil & Gas (UKOG) owning moron, look at Andalas (ADL) and 88 Energy (88E) - you were warned folks. Likewise Northern Petroleum (NOP) where I have no sympathy for CEO Keith Bush. He deserves a black bag and a P45 pronto. Frankly after his 2014 bonus piano wire is called for.
4436 days ago
I see that the Sunday Times has had a go at Quindell (QPP) CEO Rob Terry for picking up a £720,000 cash bonus last year given that the share price has halved in recent weeks. The Newspaper is right but for the wrong reasons.
Bonuses should not be linked to share price performance. We all want to see a CEO present a case well so the shares go up that is part of the job. But to link a bonus solely to short term share price movements merely encourages ramping and is not the way to deliver a sustainable long term growth in shareholder value. So in my view a bonus should not in any way be linked to the share price.
As it happens
