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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)

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  • edited September 2022
    I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.




    Not often I agree with @golfaddick, but as can be seen by above graph, the shares nosedived during 2022 with a minor recovery recently, but nowhere near the peak of mid 2020
  • Interesting to see Bournemouth potentially being sold to a group led by the Vegas Golden Knights NHL owners for £150m , seems low for a PL club but they don't own Dean Court and their Training Ground is very basic. 

    Does make me wonder if the original plan from TS was a quick promotion and sell on as a championship club... 
  • Not gonna quote it - but is the post by @RodneyCharltonTrotta the longest in CL history !!!

    Happy to be told of a longer one !!

    Grapevine believed RCT is verbose.
  • Calling it now...............Dobson and Clare will be sold in January to recoup more money

    Unless we're challenging towards the top 6 (don't laugh) then expect Clare to be sold for sure, would make to much business sense not to (and even if we are up there, still expect him sold)

    Bought cheap, developed into a better player, we already have his replacement in the building with Egbo, the kids would have played a few more cup games by then as the back up, 6 months left on his contract with no possibility of signing on again...Champ club comes in and offers us a million it's the model in action. 
  • edited September 2022
    I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.




    Not often I agree with @golfaddick, but as can be seen by above graph, the shares nosedived during 2022 with a minor recovery recently, but nowhere near the peak of mid 2020

    All true. But the post I was responding to which you made, conflated the share price drop with Zynex losing a major customer.  That was announced 18th Feb.  If you go to the day before that announcement to now then the share price has risen 35% and 80%+ from it's nadir.

    Hence, it would appear, the loss of that customer has not had a negative impact medium term on the share price.  It was wrong to suggest so.

    It has been quoted so many times on here about the longer term drop in share price since our acquisition everyone knows about that and that was not the point of my post.

    The share price is actually up about 3% overall between the start of the year and now during a very tough economic climate that is not too shabby.  It's a small cap company and they can suffer wild share price rides often outside of normal economic sense.
  • swordfish said:
    mendonca said:
    Just need to be wary of them trying to sell Leaburn and Rak-Sakyi to Palace in the next transfer window :-/

    Not seen Airman on here for a while. Him and Varney busy on the phone?!
    I expect Airman is busy on the final VoTV, delayed reportedly due to a postal strikes, but likely to be such a weighty tome now that it could well be the cause of another.
    Not being printed until beginning of October. 
    I'm sure it will be worth the wait.
    Indeed, such a huge pity that it's the last one especially with the way things seem to be going.
  • I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.




    Not often I agree with @golfaddick, but as can be seen by above graph, the shares nosedived during 2022 with a minor recovery recently, but nowhere near the peak of mid 2020

    All true. But the post I was responding to which you made, conflated the share price drop with Zynex losing a major customer.  That was announced 18th Feb.  If you go to the day before that announcement to now then the share price has risen 35% and 80%+ from it's nadir.

    Hence, it would appear, the loss of that customer has not had a negative impact medium term on the share price.  It was wrong to suggest so.

    It has been quoted so many times on here about the longer term drop in share price since our acquisition everyone knows about that and that was not the point of my post.

    The share price is actually up about 3% overall between the start of the year and now during a very tough economic climate that is not too shabby.  It's a small cap company and they can suffer wild share price rides often outside of normal economic sense.
    Additionally, Golfie post ignores the special dividend paid in January this year together with the "stock dividend" of 10%. In other words, shareholders have 10% more shares than they had at end 2021.
  • mendonca said:
    Just need to be wary of them trying to sell Leaburn and Rak-Sakyi to Palace in the next transfer window :-/

    Not seen Airman on here for a while. Him and Varney busy on the phone?!
    You couldn't make this stuff up.
    Think I might have made up 5 things there! 
  • edited September 2022
    I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.




    Not often I agree with @golfaddick, but as can be seen by above graph, the shares nosedived during 2022 with a minor recovery recently, but nowhere near the peak of mid 2020
    Yeah, but if you look at the whole graph, that peak is a bit like beating Plymouth 5-1. It's an outlier No idea what caused any of the movements in Zynex, but overall, it looks as if Zynex shares are around 10USD or less most of the time. If you draw a line from the start of 2019 to september 2022, they hace shown a gentle rise, though I doubt that's much consolation to anyone who bought shares in may and june of 2020.
    Whatever, Zynex is not Charlton - he may have other assets, or find other investors. 
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  • edited September 2022
    Can anyone involved in the Fan's Forum let us know if we can expect an update today?
  • cafcfan said:
    I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.




    Not often I agree with @golfaddick, but as can be seen by above graph, the shares nosedived during 2022 with a minor recovery recently, but nowhere near the peak of mid 2020

    All true. But the post I was responding to which you made, conflated the share price drop with Zynex losing a major customer.  That was announced 18th Feb.  If you go to the day before that announcement to now then the share price has risen 35% and 80%+ from it's nadir.

    Hence, it would appear, the loss of that customer has not had a negative impact medium term on the share price.  It was wrong to suggest so.

    It has been quoted so many times on here about the longer term drop in share price since our acquisition everyone knows about that and that was not the point of my post.

    The share price is actually up about 3% overall between the start of the year and now during a very tough economic climate that is not too shabby.  It's a small cap company and they can suffer wild share price rides often outside of normal economic sense.
    Additionally, Golfie post ignores the special dividend paid in January this year together with the "stock dividend" of 10%. In other words, shareholders have 10% more shares than they had at end 2021.
    yes - that graph is a lot more positive than i thought it would be - the high when he bought us was not the norm so doubt he would have been relying on it 
  • edited September 2022
    I suspect he was willing to make losses on his way to the Premier League. But he has realised that it isn't as easy on relying on his own superior football knowledge. So when you take that away, all he has left is to try to make us break even in League One, which is not possible. We are a club which if you give us something to support, we will but he has failed to do this, partly down to his ineptitude. It was his approach, not our one.

    It doesn't help when we know of the bullying ineptitude in which we are run. It is hard to love and indeed defend that.
  • I think one of the problems is that Sandgaard demands and expects unconditional gratitude and love. Many of us have been too damaged to give it and indeed we need to see the club start to move forwards. When that happens support will increase. Sorry, if it happens.
  • Chunes said:
    Can anyone involved in the Fan's Forum let us know if we can expect an update today?
    Was there one then?

    Amazed that nothings been said if so.
  • edited September 2022
    I
    Does Raelynn have an official role at the club? 
  • edited September 2022
    In a way, it could be a good thing Sandgaard doesn't own the training ground and Valley. It does look very much like he is skint.
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  • Bailey said:
    Rob said:
    Garnerball was looking promising after the Plymouth game but since then everything has fallen apart and our players are being shown up as just not good enough. Or, is it the coaching that is being shown up as just not good enough! So much for needing 2 more windows to make us promotion challengers. Looks to me like Garner is starting to run out of ideas. The wheels may very well be coming off the bus and it’s all down to penny pinching by our owner. That’s how I see it anyway. Not good times to be a Charlton fan. We are well and truly going backwards. Who fancies L2 next year? That’s where we could well be heading. 

    Managers can only do so much with what they are given..
    So why sack Jackson?
    The football under Garner is better and whilst we limping along at the moment, the football under Jackson was truly awful. If Jackson was in charge, we would have lost last night.


    33 games under JJ were not all awful !
    There was me thinking that winning football was best and attractive, and since when did we do a tunnel jump because we did a 20 pass move together despite the no shot on target at the end of it when we only draw ?

    I gave up my season ticket at the beginning of last season because I couldn't be duped anymore and felt that Nigel Adkins who I liked as a person was struggling with his day job and I needed to watch football when it was more fun and it didn't intrude on my mood with a negative effect; Youth football and part time football did help.

    So I picked my games to go to at the Valley and under Johnnie Jackson managed to select well as we won every game we didn't concede a goal (mainly 2-0) and even the two games we lost against Morecambe and Lincoln (we created enough chances including 5 against Lincoln to win with 10 men)

    Of course we played some bad games under JJ because we were short of the quality and consistency to challenge the top 6 over a season. 

    But to label the 33 games under JJ when we moved from 22nd to 11th as awful  before the lack of quality and injuries (as usual) meant we turned into what we are a mid table League 1 side and finished 13th after the Ipswich thrashing in the last game.

    Ben Garner had to be backed in the window and leaving the striker/forward to the last day was asking for trouble when the House chain analogy kicks in.

    Steve Gallen and Ben Garner were so gutted that words can't hide their feelings.

    Sad football times for Charlton athletic.


    Absolutely spot on. When people describe football under Jackson as awful, they never mention the winning run that gained him the job full time or the fact that he never had his first choice forward line for almost three months after he was appointed. Adkins was sacked because he was told to play the high press game and never had the players to do it, Jackson was sacked because he refused to play that system because he knew he didn't have the players to do it. TS has demanded that we play a high press game and has not addressed the mistake he made under Adkins, no goalscorers . 
    That is exactly how I see it.
  • There is a clear and definite mystique about the Club and it's operations now. The openness from Takeover time to now couldn't be any more different. 
  • In a way, it could be a good thing Sandgaard doesn't own the training ground and Valley. It does look very much like he is skint.
    I’d love to be as skint as him. 
  • edited September 2022
    T_C_E said:
    Interesting to see Rui back but I think he’d avoid some criticism if he dropped his unnecessarily misogynistic use of the eggplant emoji…
    Do we know for sure that Martin Rightguard has a valid work permit? Our rules must be great if you can just get a permit for a job here that you’ve never had any experience at or got any skills for…
    Up the tories….
  • I
    Does Raelynn have an official role at the club? 
    Word has it that she is micro managing just about everything at our club.

    It is also rumoured that she doesn't have the necessary visa ( and qualifications ?) to allow her to have paid employment in the UK.

    Just passing on what's been posted on here in recent weeks....
  • In a way, it could be a good thing Sandgaard doesn't own the training ground and Valley. It does look very much like he is skint.
    I’d love to be as skint as him. 
    It's all relative.
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