It's
important to grasp that as a shareholder you have an irrevocable right
to current accurate information and news from a public floated company
that you are investing in or intend on investing in. This is a fact....
Let's start with their main website, Vasseti.co.uk.
I
will break my website review up into daily blog posts to allow readers
to digest all the information I post on a day by day basis.
Starting
with the main home page, you are greeted with the groups themed colour,
ubiquitous orange. Nearly all their associated companies of the Vasseti
group have orange as their themed colour, except Zavarco the new name
for Vasseti which has dropped any link to colour orange completely.
What's the reason ?
The Vasseti site feels and appears as if it
has been completely abandoned, the site is completely out of date and
last year's 2014 AGM awareness banner still dresses the top right corner
of the home page..... Professional ??
Personally, my biggest
issue here resides with the fact that the website homepage mentions
nothing of the name change to Zavarco neither does it offer any links to
the new site or any automated diversion taking you to the new Zavarco
website.... Why ?
You would think that a company floated on the
Frankfurt stock exchange and making claims to becoming a leading
telecommunications provider from Singapore to Calcutta would be diligent
and precise in updating their news feed so that the public and their
long suffering loyal shareholders can make informed positive decisions
on whether or not to buy, hold or sell their stock. Not the case, their
last news feed update which is presented to us in the most illegible of
formats, shows us that the last press release was issued on the 13th of
May 2013 !!!
Continuing with their last press release it states
that they are "poised" to deliver the "VSAN" network up to and including
Kunming in China by the end of the 2013....!!
What happened ?
Is it finished ?
Have they given up ?
What's going on ?
WHERE ARE THE UPDATES ?????
Summary:
What
an absolutely atrocious start to any public company's website and it
really does in my opinion demonstrate their despicable lack of care and
attention to their shareholders who grasp for information and hope that
"all is okay" as they are presented with this sorry excuse for a
website.
Vasseti / Zavarco has a duty of care to its shareholders, employees and the public to provide accurate and current information.
What do you think ?
Please share.
RR.
