They reported earnings this morning.
report went on to say sales benifited from-------- and
strong consumer demand for our new low emission outboard
engines.They went on to say the continuing ramp up of low
emission out board production-----
Optimax seems to be
selling up to their expectations.
I have not asked anyone their holding - and
Pierre correctly pointed out that having such
information has certain responsibilities that go with such
information. So I decided not to worry about the share
holdings as - the reason we started the count was because
I belive that Roberta told Maverick that we on
these threads were just just minor shareholders. We now
know that we are not minor and if we can get a few
major shareholders on our side, we can effect positive
change. However we must be very careful with our actions.
Speaking for myself only , I have written to the Chairman
of the Board and asked if he would comment on the
recent performance of management. I told him that I was
one of many shareholders in the USA that were very
concerned about performance and the new low in the share
price. I also said that if there was no action
progress that itwas my intention to seek the removal of
the CEO by shareholder vote. I have not heard back
from him, and I intent to wait a about another week
for a reply. Any response I get I will let you know.
No response I will seek the removal of the CEO at
the next AGM. Of course if management can show me
that progress is being made - I will be very happy to
admit that I have misjudged them. For the time being I
am just waiting to see what develops.
I totally agree with your last post. I belive
that there is a future for Orbital in both the 2S and
maybe the 4S markets. Revenue is coming to OE in the
future ( hopefully in the not toodistant future ) As I
am sure you know, lot of revenue will cover up a
multitude of sins in a corporation. Here is the question:-
When OE get its revenue stream do you want it managed
by the same people who thought that there was
nothing wrong with the Convertible? That is a scary
the reason I say that management who
looses sight of shareholder value, and is not up front
with the shareholders needs to be replaced.
I agree with you that the latest news under
"WHATS NEW" is luidcrus,most of the info is 2-3 years
old and a lot of new info. was not included. Why
With that said,I still believe that the ducks are
being lined up in a row and the upcoming emissions
timetable is the ONE AND ONLY driving factor when it comes
to OE's success.
Merc went to market to beat
OMC,Tohatsu will follow very soon Bombardier will because of
Polaris,etc.Piaggio will because of Aprillia,Sundiro will force the
Asian region to compete.
OE will succeed in the
2-stroke world and will probably get a large share of it.
Texmaco could be a huge profit center for OE in the not
to distant future. I also believe that DI is going
to be the next fuel delivery system,replacing MPFI.
With 50m vehicles produced per year,I also believe at
least one of the co's will use OE,just to be
Beanie Condos have arrived and I got em !!!!!!!!!
Put put your
beanies in these modern homes so they
can truly enjoy life !!!!!
Only $67.00, which
includes the special little Beanie Buggy.
great or what ????
Ralph: You are very kind but it would be unfair
IMO for anyone of us to accept your offer- because
our discontent is not with you or the other
shareholders, it is with the performance of our company. You
and other may belive that management is doing a great
job, - Others including myself think otherwise and I
have stated my reasons for my opinions. No one has
come to me and said, " the reason you are wrong is
Understand, Ralph, I want to belive ---- I just am not a
beliver anymore . let me clarify - I belive in the
I do NOT belive in the management of the
technology. I think that they are screwing with shareholder
value - let me rephrase
that - I do not think that
they give a damn about shareholder value and I think
that we should hold our directors responsible
whole series of screw ups. They put out something new
on the OE web site - give me a break - that is the
same old garbage they have been selling the share on
for years. It is time as the old saying goes " to
start taking names and kicking ass"
those from Ohio
know the saying - "It is show me time Mr CEO
These guys have been playing with shareholder money for
-- the bill is due - perform or leave!!!
It is not big news - it is the same old B/S that
they have been feeding the shareholders for years - it
is just there are not as many belivers