More directors from Dana come on board as Mr Cross looks to be building another Dana using the very same team. What’s the betting the Koreans buy PMG out in 5 years time!
These guys mean business and have their reputations at stake.
As the very apt Warren Buffett once said… “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently”. END
I don’t think Tom knows how to build anything other than another Dana. That’s why i’m invested in PMG. 11p range looks a lofty valuation for a company with very little in assets. But assets are worthless without brains behind them and it’s the people that make businesses not the other way around. Current sp 11.75p.
From today’s RNS on director oppointments
Tom Cross, Chairman of Parkmead, commented:
“Brian and Faysal have served Parkmead as directors with great skill, experience and dedication over a number of years, including during the significant process of acquisition and integration of Aupec Limited, which is now completed. I would like to take this opportunity to thank them for their important contributions to the Group. The Board is delighted that Philip and Ian are joining Parkmead and we look forward to working with them in the future development of the Group.” END.