Watchstone Share Discussion Threads

[rogthepodge] 16/8/2016 22:38

Maybe IOnlyPost could answer the very reasonable question? Are you also part of the Share Prophets organization hvs1? Let's have a look at your posting history.

[rogthepodge] 16/8/2016 17:48

IOnlyPOst, I just had a look at your previous posting history. It seems you only post to criticise companies that are being attacked by Share Prophets. Are you connected with this organization in some way?

[rogthepodge] 16/8/2016 17:40

Watch this space. The moron will soon be revealed.

[rogthepodge] 11/8/2016 00:49

A journey of a thousand miles begins with a single footstep. But it's a big stride so far. Watch this space.

[ionlypostafterbbms] 10/8/2016 23:56

SGH closed at 49 cents yesterday so I guess it is true to say it's up a fair bit from the 20 cents or so it crashed to.

Only about another 2,000% to go to get back to where it was before it bought the plague from QPP.

[rogthepodge] 10/8/2016 23:14

Slater and Gordon up 168%, must be doing something right.

[ionlypostafterbbms] 09/8/2016 15:50

The whole company was founded on fraud & lies, much still rotten remains.

If it wasn't for the stupidity of SGH every QPP mug would have lost every penny of their money, deservedly so.

[funkmasterp12] 09/8/2016 14:59

Admittedly not a lot to do with Watchstone in its current form, but a reminder of the legacy it is still dealing with. The SFO investigation is going to be very interesting.

[funkmasterp12] 09/8/2016 14:58

Key excerpts:

"Of particular significance is the working capital report. A company seeking a
Premium Listing is required to satisfy the Authority that it has sufficient working capital for at least the next 12 months ... Market practice is that the company and its accountants will prepare a working capital report to support the working capital statement which the sponsor will review and then conduct further due diligence if required. However, the working capital report had still not been commenced in early June 2014. The Authority found no evidence of Cenkos seeking to ensure that this report was progressed or considering the risk to the Transaction of not having a working capital report."

"In April 2014 Cenkos circulated a proposed timetable for the Client’s move to a
Premium Listing. It was very ambitious and did not take into account the
significant questions that had already been raised by the Readers about the
Client’s ability to demonstrate that it met the eligibility criteria. Cenkos failed to re-evaluate whether this timetable was realistic in light of the considerable comments raised by the Authority on the eligibility letters and prospectuses"

"On 22 April 2014 the Gotham Report was published, and as a consequence of the
allegations it contained, the Client’s share price suffered a significant fall.
However, following the negative claims in the Gotham Report there was no
consideration by Cenkos of the impact it might have on the Transaction; whether
there was now a risk of investor detriment, whether there was a need to conduct further enquiries into the issues raised by the Gotham Report; and whether these enquiries could be completed by June 2014."

[funkmasterp12] 09/8/2016 14:52

The Cenkos judgment makes for interesting/damning reading:

[solanki2000] 09/8/2016 13:21

No1 actually knows what this company actually does or stands for

[ionlypostafterbbms] 09/8/2016 11:17

Yeah, hopefully someone can now tell me what WTG does.

[funkmasterp12] 09/8/2016 10:08

So can we finally get this thread back on track?

The next scheduled update here should be interesting as it should divulge more info about the cash position. Very curious to see this.

[ionlypostafterbbms] 03/8/2016 20:45

Staggering some of the things you see on LSE.

gallini
Posts: 697
Price: 222.50

RE: Capital Return
Today 14:20

Q1 2017. If there is no claim for the waranty money. It will be around 100p. This is not factored into the share price, so if it is paid it should not drop like an ex div share.

[ionlypostafterbbms] 03/8/2016 11:26

NN doesn't care. It's just another one of the many lies the mug QPP bulls told.

He's one of a large group of die hard QPP mugs who wouldn't hear of anything being amiss at QPP or with RT's leadership.

Rather than listen & have a bit of a look to see if there was anything actually true in the Gotham City exposé or mountain of criticism from TW he went on the offensive, taking particular umbrage at TW & his unmasking of the irregularities.

He has paid the price, holding QPP all the way down from the top to pennies & losing at least 90% of his money in SGH, where he bought just out of bloodymindedness thinking that'll show TW.

I reckon it has cost NN about £30 per post straight out of his pocket for every one of the 7,000 odd posts one he's made on ADVFN QPP & WTG threads, to say nothing of the hundreds of hours he's wasted on this dog.

[andy] 03/8/2016 00:36

IOnlyPostAfterBBMs 2 Aug'16 - 16:11 - 2405 of 2408 0 0

Agreed, I'm sure he can't post any proof.

He's fortunate share price are not pursuing him for defamation!

The accusation is quite serious in terms of the DPA.

[ionlypostafterbbms] 02/8/2016 19:27

While I agree the sentiment is 100% valid I'd tone down that last post Solanki.