Hibu Shareholders Group Our Objectives.
Our Aims
The main aim of the Hibu Shareholders Group is to collate shareholders into one single group so that we can communicate with each other and the company and have more influence than if we were single shareholders.
We now have enough confirmed members to call an EGM and the associated powers that come with acting as a group. As of the latest figures we have a larger shareholding as a group than any other single institutional investor. These figures have been confirmed to me by Andrew Henderson of Fisher Meredith Solicitors.
Naturally the primary aim of any shareholders group is to maximise and retain shareholder value by ensuring the company takes the correct steps going forward to maintain a fairly valued company.
Hibu has probably been one of the most frustrating companies to invest in over the recent years due to the lack of news and media blackouts. A 90% fall in the share price over the last year and almost a 100% share price fall over the last 5 years do not read well for any investor.
As a group we will be able to make ourselves heard in our communications with the company. We are seeking to call an EGM the issues to be raised can be found on the EGM request page. At this stage the group is about getting shareholders together so that we can discuss and vote democratically what action we take next.
The aim of our private forum is to get genuine shareholders to discuss all things Hibu, and to know that you are discussing this with other genuine shareholders. Of course we will not always agree with each other but I believe that by ensuring only genuine holders are on here we will not descend into the personal insults and bickering that is so prevalent on the public sites these days.
Of course we all hope that Hibu manages to recover its share price to reasonable levels and that we have a fair chance to see some returns. Investing is all about making continual decisions based on the comments from the company. Decisions to buy more, decisions to sell and decisions to hold.
However I and many shareholders believe we are being denied these decisions due to the lack of information coming from the company. Even the most genuine and basic questions asked of Hibu Investor relations are rebuffed with standard pasted replies. This is not acceptable and as part owners of the company we deserve and expect more courtesy.
So, please be proactive in joining our discussions, please feel free to make any comments or suggestions. I feel certain that whichever direction Hibu goes over the coming months, we have more of a chance as a group than we do as individual holders.
The main aim of the Hibu Shareholders Group is to collate shareholders into one single group so that we can communicate with each other and the company and have more influence than if we were single shareholders.
We now have enough confirmed members to call an EGM and the associated powers that come with acting as a group. As of the latest figures we have a larger shareholding as a group than any other single institutional investor. These figures have been confirmed to me by Andrew Henderson of Fisher Meredith Solicitors.
Naturally the primary aim of any shareholders group is to maximise and retain shareholder value by ensuring the company takes the correct steps going forward to maintain a fairly valued company.
Hibu has probably been one of the most frustrating companies to invest in over the recent years due to the lack of news and media blackouts. A 90% fall in the share price over the last year and almost a 100% share price fall over the last 5 years do not read well for any investor.
As a group we will be able to make ourselves heard in our communications with the company. We are seeking to call an EGM the issues to be raised can be found on the EGM request page. At this stage the group is about getting shareholders together so that we can discuss and vote democratically what action we take next.
The aim of our private forum is to get genuine shareholders to discuss all things Hibu, and to know that you are discussing this with other genuine shareholders. Of course we will not always agree with each other but I believe that by ensuring only genuine holders are on here we will not descend into the personal insults and bickering that is so prevalent on the public sites these days.
Of course we all hope that Hibu manages to recover its share price to reasonable levels and that we have a fair chance to see some returns. Investing is all about making continual decisions based on the comments from the company. Decisions to buy more, decisions to sell and decisions to hold.
However I and many shareholders believe we are being denied these decisions due to the lack of information coming from the company. Even the most genuine and basic questions asked of Hibu Investor relations are rebuffed with standard pasted replies. This is not acceptable and as part owners of the company we deserve and expect more courtesy.
So, please be proactive in joining our discussions, please feel free to make any comments or suggestions. I feel certain that whichever direction Hibu goes over the coming months, we have more of a chance as a group than we do as individual holders.