I wanted to give you a brief update as to how the campaign for compensation is going (yes, it still is going!).
A shareholder has won a battle to avoid an attempted charge of £25,000 by Capita Registrars to indemnify against the consequences of a lost share certificate.
John Hunter, our Chairman, is enormously appreciative of the result of the informal donations appeal
John reports that the informal donations appeal has so far yielded over £1,500. Our thanks to you all. Substantial individual donations are welcome, of course, but equal leverage comes from small amounts spread among large numbers of members. Donations can still be made by credit card or PayPal by clicking on this link.
A paper by David Pitt-Watson and sponsored by Pension Insurance Corporation,‘The Purpose of Finance’, shines a spotlight on an industry where ‘……many of its activities fail to achieve the purpose that they could and should be pursuing.’
This company was born out of Helphire which hit hard times following the financial crash. It seems to be making good progress now but what business is it really in? Is it a provider of outsourced services to the insurance industry or is it a good old-fashioned car-fleet management business?
This is a fast-growing provider of generic pharmaceutical products. From an investor’s standpoint, however, one would like to hear how the rapid increase in revenues can be turned into increased profitability by increasing Gross Margins – which is likely to mean changing the product mix, putting pressure on suppliers, increasing prices, or a mixture of all of these.
In mid-February 2017 UKSA submitted its response to the government’s Green Paper on corporate governance to the Department for Business, Energy and Industrial Strategy (BEIS). The response to the Green Paper was developed jointly with ShareSoc. The full Green Paper response can be read here .
Better Finance, the European umbrella body of which UKSA is a member, commissioned a major study to identify potential falsely active funds (“closet indexers”) and is calling on regulators to investigate.