Heywood Williams Share Discussion Threads

[morro] 03/8/2011 09:29

The company has now been dissolved. RIP

[davidosh] 21/1/2010 11:12

Anything to add to discussion ?

[davidosh] 21/1/2010 11:11

Can any of you shed light over there ?

[george6767] 21/10/2009 08:49

nightmare stuff

[mitzis] 21/10/2009 08:47

The Directors have been well rewarded for planning this coup.

[george6767] 21/10/2009 08:26

i would agree as the news came rapid.still suffering from the backlash trauma

[philwalker36] 21/10/2009 08:21

George

Pre-planned IMHO

[george6767] 21/10/2009 07:21

crooks 3 statements in 1 day and within hours of each other.

[waleriuszwatrobka] 20/10/2009 22:03

...cheers, lee ;-)

[leaderzzz] 20/10/2009 21:37

guys, I feel sorry for the poor peeps who have had long term investments in a business like this and rewarded with jack.,
unlucky as it was ww i did follow you in....

simply as a pure punt..... they can go both ways, and some shares dont go the way we like... so dont appologise for me..

i pressed the buttons..
Also I hope the heavily invested get something back from heywood.

there in bristol by the way... so no fires at the warehouse please..

[mitzis] 20/10/2009 21:30

about a years time.

[lefrene] 20/10/2009 21:19

Good ol Banks mug the shareholders again. How long before a phoenix gets floated off, and the management get nice big freebie share handouts for their services?

[philwalker36] 20/10/2009 19:52

Looks to me like this was prearranged. In which case do we think the Directors were acting in the best interests of the shareholders?

[lefrene] 20/10/2009 18:29

Bell seems to have clout in the building services arena, perhaps he has a deal going on?

[mitzis] 20/10/2009 18:08

Looks like a stitch up by the banks here Wal.

[pugugly] 20/10/2009 15:19

Bust - Sorry for all who still held.

[waleriuszwatrobka] 20/10/2009 15:00

...punt is a punt, mitz, win some and lose some ;-)

Likely HWYD's assets are going to get sold off and come back stronger as rns does state "temporarily suspends". Administration means that the appointed officials will try to salvage some or all of the business, either by selling it on or finding new sources of finance, maybe with a help of Bell (he previously helped Styles & Wood Group) and Graham, bwtfdik.

[wskill] 20/10/2009 14:43

I am sure if the banks had given the shareholders 20% of the equity this disaster could have been avoided the directors who caused this failure were to be rewarded for destroying HYWD and still taking huge salaries equal to the market cap this beggars belief.

[george6767] 20/10/2009 14:35

making the headlines all the wrong reasons im afraid

[mitzis] 20/10/2009 14:21

What happened here Wal..?

[hvs] 20/10/2009 14:19

The MIS MANAGERS SHOULD ALL BE SACKED.

[george6767] 20/10/2009 13:51

yes a punt but gone im afraid.

[pillion] 20/10/2009 13:43

Heywood Williams Group PLC - Application to appoint administrators

Following the announcement earlier today regarding the shareholders' decision to
reject the Proposed Restructuring and other Proposals as set out in the circular
sent to shareholders on 1 October 2009, the Board confirms that, having
completed a detailed review of the options available to it, it has now
concluded, with regret, that it is necessary for the Company to apply to Court
for an administration to safeguard the operations of the Company.