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Bullboard - Stock Discussion Forum Aimia Inc T.AIM.PR.C


Primary Symbol: T.AIM Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.D

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets... see more

TSX:AIM - Post Discussion

Aimia Inc > Special AGM
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Post by nozzpack on Aug 12, 2022 12:48pm

Special AGM

Only need 5 % to call  a special AGM.
The agenda will be to replace current incompetent management and replace with a much reduced management team.

Second, we spin out the Investment Segment as a new public equity  to shareholders after monetizing whats left of Kognitiv and the MIM investment while allowing  Clear Media a little more time to turn itself around...Trade X seems to be doing ok ...but we could monetize all current investmenbts which would give us a good chunk of cash  whose business model wil not be as a holding company.

WE have a huge majority of the shares, so it only matters to line up a replacement board.

Who agrees with this move..
Comment by Commonguy on Aug 12, 2022 1:50pm
I agree , incompetence cannot be rewarded without some confidence in the board. I am on board with taking drastic action now before his situation gets away from us. The board mentions perhaps haing a special dividend in passing without ever intending to follow through with it. This is nothing more than posturing or dangling a carrot knowing we will get the stick. Time gentleman please!
Comment by AIMIATARD on Aug 12, 2022 2:22pm
Anything is better than the current situation. Literally, anything. So, yes.
Comment by Malpeque2 on Aug 12, 2022 4:03pm
I arrived recently when I saw it was a Ben Graham type Net net.  Market Cap below Current Assets minus all liabilities.  I would vote for a few new Directors,  outside people to cut back the G&A.     They are buying back share at this discount.   That is a good move.    Buy back as many as possible at or near these prices.  I do think ...more  
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