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SPGH

Superglass Holdings – recommended takeover offer; from Russia with a bailout for shareholders

Manufacturer of glass wool and mineral fibre insulation products, Superglass (SPGH) has announced a 5.6p per share, £8.7 million, takeover offer from Inflection Management Corp which it is recommending to shareholders...

By Steve Moore | Published 2016-07-23 00:05:00 |

Superglass Holdings – shares slumping as cash position has done likewise. Hmmm…

I previously wrote on Superglass Holdings (SPGH) towards the end of last year HERE and now update with the shares currently fast-falling back to the levels of then…

By Steve Moore | Published 2016-06-21 00:58:54 |

Superglass Holdings – full-year results: company positive, I not so…

Following a negative smashing of trading expectations in March, I commented on the track record of glass fibre insulator Superglass (SPGH) and concluded that at 3.25p the shares were on the bargepole list – see HERE. The following updates with the shares currently at 2.25p post results for the company’s year ended 31st August 2015…

By Steve Moore | Published 2015-11-19 06:02:50 |

Superglass Holdings (#SPGH) - Struggles to get to the point, this is a profits warning!

2015-08-06 23:29:25

Superglass Holdings - trading expectations smashed (negatively, natch)

Shares in glass fibre insulator Superglass (SPGH) currently trade approaching 20% lower today, at 3.25p, on the back of an announcement that “demand for the company's products remained subdued during the majority of the first half of the current financial year” and that it “expects to post an EBITDA loss of approximately £1.9m in H1” as well as that CEO Alex McLeod is to step down. The company does express “cautious optimism for the remainder of the financial year and beyond”, but is this justified?...

By Steve Moore | Published 2015-03-10 04:21:49 |

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Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

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Recent Comments

TOYIN10 Nov 2026

P&G does not publicly disclose a definitive total number of Senior Vice-Presidents (SVPs) across the entire organisation.However, there is an important distinction:Corporate leadership: P&G's published global leadership team lists around 35 senior executives, many with CEO, President or Chief Officer titles. Wider organisation: P&G operates globally across numerous business units and regions, with additional SVPs below the corporate leadership team. Independent organisational data identifies hundreds of executives across P&G, but doesn't provide a reliable, complete SVP count. For Gill Whitty-Collins, the more important point is that she wasn't just one of hundreds of middle-ranking SVPs. She held a very senior global role in P&G Beauty, with responsibility for major international brands.That is a meaningful distinction when assessing her appointment to SBTX.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

TOM10 Nov 2026

no she is either desperate enough to accept any gig or not very good at doing DD. Either is in my view a red flag but you know better as you have all the way down

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

DUCKnDIVE10 Nov 2026

I get it now. She's dodgy because she didn't read your articles. On the upside, she probably still isn't reading them.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

TOYIN10 Nov 2026

I agree Cellular Goods is a fair point to raise but you are throwing the baby out with the bath water, poor judgement, yes, bad NED, not necessarily. We all make mistakes, she deserves a chance before you throw her under the bus, her experience in the sector says so.As for group think, I would not be happy with that on the BOD but again you are just speculating, wait for proof.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

DUCKnDIVE10 Nov 2026

Clutching at straws. She clearly has over 25 years of relevant experience with a blue chip company and has been appointed for her commercial nous. She has sat on several boards and she is will be an asset on mine.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

TOM10 Nov 2026

The record of Cellular Goods and of Bixby/Edwards was flagged up on thus website well before Gill joined and as such joining shows a spectacular lack of judgement /desparation and that is pertinent. How many SCPs foes P&G have BTW?You may be happy with GroupThink on a board but as BP showed that is a recipe for disaster. I am throwing back at those who have demanded diversity a demand for diversity!

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

TOYIN10 Nov 2026

I think this article does the new NED a considerable disservice and confuses political and demographic diversity with commercial competence and diversity of thought.The Cellular Goods connection is a fair point to raise, and her contribution there deserves scrutiny. However, suggesting that simply accepting a NED position at a company that subsequently failed means she has "no standards" is an extraordinary leap. Where is the evidence that she was responsible for, or failed to challenge, the decisions behind its problems?Why ignore her other 26 years at Procter & Gamble? As a Senior Vice-President, she had responsibility for major international brands including Olay, Pantene and Always. That is substantial experience in brand building, marketing and commercial execution.Surely that's exactly the sort of experience SBTX needs, particularly given my concerns about AxisBiotix and the company's wider commercial performance?I also disagree that a predominantly female Board automatically lacks diversity of thought. Different professional backgrounds, experience and the willingness to challenge assumptions matter far more than someone's sex, skin colour or political beliefs.Ultimately, I don't care where the directors went to university or what their politics are. I care whether they can deliver.Can Rachel improve performance, can Gill help unlock the commercial potential of the business, and can Alyson restore confidence in governance? Gill's appointment guarantees nothing, but based on her career I think SBTX has made a very good appointment.Let's judge the Board on results, not demographics or presumed political beliefs.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

TOM10 Nov 2026

Really, this woman has sat on 1 plc board and it was a bixby edwards con and you berate me for flagging that up?

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

DUCKnDIVE10 Nov 2026

Scraping the bottom of the barrel now… "'Tis but a scratch" springs to mind. Each positive Skins RNS cuts off another of your limbs. Only when you are just a torso will you give up and call for a draw.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink

Sohail10 Nov 2026

We have to accept that “society” produces what society wants in every age.I note in my age group a constant desire to reproduce what we were used to.However there is a complete failure to grasp that the next generation do not want a continuation of what has gone before.As for skins we await results and guidance.

Skins NED appointment – not very diverse & comes with a Bixby Edwards stink