Post by
Gorilladome47 on Mar 19, 2024 9:19pm
Another NGC management FAIL
So lets hire YET ANOTHER form of capital market management...hiring the previous two IR entities, as well as our full time IR, Pav, all resulted in a colossal failure in market messaging. HUGUES, news flash....our stock plunged in market cap after the above hires, give your head a shake.
Incompetent messaging a result of incompetent management. The more people HUGUES hires the more our sp and market cap go down.
So now instead of good ol fashion, I don't know.....execution! You know back in the good ol days...management teams delivered, executed and the market rewarded them by buying the stock...creating positive trends...less shareholders selling, more market buying....you know the ol fashioned way.
Now I guess, as a result of HUGUES and other's incompetence in, well, everything...messaging, capital market management and execution...we now are spending almost 30k of shareholder's money to supplement and enhance our CEO's inability to do his job. WOW.
Just when you think this team has sunk to its absolute lowest....we find out yet again that the bottom just seems to get deeper and deeper as we go.
A CEO in a junior company needs to do three things to be successful....1) Execute, 2) capital market management, and 3) Market messaging.
If he or she does those three things well, shareholders will have success every time.
How many of these three pillars does HUGUES do well based on his last two years of CEO performance?
A BIG FAT ZERO.
HUGUES is a liability to this company. I say this based on what he has not delivered and the shareholder valuation destruction he has overseen. He needs to be fired, as well as others on this BOD. VP or communications, PAV whatever is a train-wreck of messaging...the best story in the industry to tell and what do we get......over compensated IR hires that sink our share price??
Someone show me I'm wrong.
Enough is enough. This group is horrible and aren't a new round of options and bonuses just right around the buffet corner?