Shareholder Results

[banbell]

Can the Press Release Headline be re-written

to "30% of of Port Vale shareholders have no confidence in the current board" to accurately summarize the results of the poll??????

[Twitters]

But that’s the point, it's not like a general election were public apathy and lack of interest in politics leads to 55%-60% turn outs. This was a poll of SHAREHOLDERS OF THE CLUB, of course they would have an interest in what is being asked of them unless they bought the shares for fun.

A 40% return rate is incredibly poor by any standards, in the current climate around 30% of shareholders think the current board should go – no where near enough to even generate a EGM, let alone oust them.

 

I think that shows that you have no grasp on what is happening at the club. At the last AGM, held in November 2010, roughly 180 shareholders attended. One of the directors was elected by just over 70 shareholders. That means that roughly 8% of shareholders approved the re-election of a director to the board.

 

So if you think a 40% return is incredibly poor (which is complete nonsense as it is an incredibly good return), then you must be embarassed that a director was only re-elected by 8% of shareholders?

 

As for your EGM comment, you need 10% of the total shareholding (roughly £125k) to call an EGM. So if that 30% has 10% of the total shareholding then it is easily enough to call an EGM. Robbie Williams could call an EGM on his own if he wanted even if no-one else wanted one. Anyway, the votes at an AGM/EGM are done by people in attendance and not by total shareholding. So if only 50 people attended an EGM, but all 50 wanted the board to go, then the board would be gone. Simple as that.

 

Can you even tell me who the directors are at Port Vale?

[Twitters]

Can the Press Release Headline be re-written

to "30% of of Port Vale shareholders have no confidence in the current board" to accurately summarize the results of the poll??????

 

Can you go away please and leave the debate to true Port Vale fans?

[Jacko51]

But that’s the point, it's not like a general election were public apathy and lack of interest in politics leads to 55%-60% turn outs. This was a poll of SHAREHOLDERS OF THE CLUB, of course they would have an interest in what is being asked of them unless they bought the shares for fun.

A 40% return rate is incredibly poor by any standards, in the current climate around 30% of shareholders think the current board should go – no where near enough to even generate a EGM, let alone oust them.

 

The holders of only 10% of the shares are required to call an EGM. So I very much suspect that the NLV survey has sufficient shareholders to do that.

 

The 40% return, ie 339 shareholders, is considerably more than has ever turned up at an AGM so is a far greater expression of opinion than has ever been achieved at an official club consulation with shareholders.

 

At the last AGM, even taking into account the fact that 30% of the votes came from the Board's shareholding, less than 50% of "shares" voted to re-instate Mr Jackson as a Director.

 

You can spin this result as much as you want but the fact is that the vast majority of Vale shareholders who expressed an opinion have no confidence in the Board of Directors. Now tell me, if such a poll of supporters produces a result like this, how exactly is the Board's proposed poll going to be any different? Are we going to do a Robert Mugabe and announce the result before the votes are counted???

[buffwa]

Banbell if you were to send a text message to everyone in your phone would everyone reply?? If they didn't would it mean they dint really like you??

[Jacko51]

Can the Press Release Headline be re-written

to "30% of of Port Vale shareholders have no confidence in the current board" to accurately summarize the results of the poll??????

 

No it doesn't. How many shares do you have Mr banbell?

[FRITTER]

As preiviously stated,i very much doubt the boards survey will reflect this one in any way shape or form..

 

1 - Strawberry or choc chip

 

2 - Woodchip or floral

 

3 - Should we provide pleasure beach information in the dinning room

 

4 - Have they gone yet?

[Stuart Salt]

Just to clarify to call an EGM it is 10% of the paid up share capital.

 

Please wait until later for our public announcement on our next steps Banbell.

[buffwa]

1. Do you think we spent the 2.5 million well on the ground.

 

2. Do you think we spent the 3 million well on the ground.

 

3. Do you think the 4 million we spent on the ground was well spent.

 

4. Should we not wait 2-3 weeks for investment from harlequin.

[The Man in the Stand]

Can the Press Release Headline be re-written

to "30% of of Port Vale shareholders have no confidence in the current board" to accurately summarize the results of the poll??????

 

Sir,

 

Could you tell me what your interest in our club is,being the organiser of a Notts Forest fanzine it intigues me why you have such stong feelings in our club

[Howjy04]

Maybe I'm looking too hard .thought there was going to be an article in today's Sentinel regarding the Poll.

[Howjy04]

Can the Press Release Headline be re-written

to "30% of of Port Vale shareholders have no confidence in the current board" to accurately summarize the results of the poll??????

 

And can the headline also include that only 6% of shareholders have confidence in the board.

[Timothius]

Banbell if you were to send a text message to everyone in your phone would everyone reply?? If they didn't would it mean they dint really like you??

 

Probably! :D

[Burslem Academicals]

Can the Press Release Headline be re-written

to "30% of of Port Vale shareholders have no confidence in the current board" to accurately summarize the results of the poll??????

 

You obviously don't or can't understand the meaning of words and basic concepts as well as numbers.........it was a poll of shareholders and the

response rate was incredibly high and way beyond just about every other

survey done by governments/multi nationals/social scientists at over 40%

so the poll is to be commended and is highly representative.

Furthermore as a percentage of those who cast a vote and being that Bill Bratt has stated clearly that if it is shown that the fans don't want him he

will stand down and resign then the headline should read.

 

"BRATT RESIGNS after 82% VOTE of NO CONFIDENCE."

[Jacko51]

Just received my official results letter from NLV. Superbly well presented and within abut 36 hours of the official results being announced.

 

Brilliant work lads.