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WGP Worldlink Group Plc

8.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Worldlink Group Plc LSE:WGP London Ordinary Share GB00B3P21X12 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 8.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 8.00 GBX

Worldlink (WGP) Latest News

Real-Time news about Worldlink Group Plc (London Stock Exchange): 0 recent articles

Worldlink (WGP) Discussions and Chat

Worldlink Forums and Chat

Date Time Title Posts
19/12/202217:06WorldLink Group - RERATING5,708
30/4/201407:38WorldLink - (Suspended) - Up **** Creek Without A Paddle96
12/11/201316:41Re: Admininstration1
01/6/201322:32Worldlink - Another Bulford disaster ?447
17/9/201220:04Worldink - Up S**t Creek without a Paddle1

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Worldlink (WGP) Most Recent Trades

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Worldlink (WGP) Top Chat Posts

Top Posts
Posted at 19/12/2022 16:50 by scamper
My Club Europe Ltd has announced a 10-for-1 Subdivision, whereby holders will be issued with 10 new shares in exchange for every 1 share held.from iii

New shares will be issued to shareholders upon receipt from the company.
Posted at 13/6/2018 17:27 by sojourno
Yes JakNife, The Co is dead but shareholders, ex-shareholders, were notified a long time ago that their holdings have qualified them for an issue in NR's next venture.
That issue already exists in WGP holder's accounts without them needing to part with any money, though it's not yet listed.
That is what I'm talking about. Obviously.
Posted at 03/12/2017 10:25 by cromarty
W H Ireland returned my shares in WGP and my club as certificates. They think there is no chance of ever trading them.
Posted at 06/9/2017 12:35 by hugosamuel
Papillon deal is off. Papillon terminated MCB and "As part of the termination,
Myclubbetting has agreed to refund all costs incurred by Papillon during
the transaction process."



No news on US appeal.
Posted at 19/7/2017 19:45 by warwick69
I respect all your opinions ? But IMHO I think you are all wrong and this is a real going concern and will gain traction in the betting industry As for the patents we will hear soon enough the results of the appeal and don't be surprised if Bloomberg does not actually settle prior to this as the previous decision was a farce ! If I am wrong I will take all the flack you would rightly throw at me but give me some leeway until after the patent case and the floatation before you pass judgement That's all I ask I feel for all investors in this share as it truly has been a bloody nightmare I had too written of my investment but I do believe there is a big twist coming
Posted at 18/7/2017 08:03 by cromarty
Thank you Warwick.
I understood the patent case has been lost.
My investment was in Wgp SO MY £50,000 HAS NOW BEEN DILUTED SO MUCH AS TO BE VERGING ON 1 TANK OF FUEL FOR THE YACHT.
Posted at 12/12/2016 11:34 by cromarty
Myclubbetting.com Limited is a reincarnation of Worldlink Group plc which listed on the Standard list (surprise) in late 2011 at a share price of £2.50 and was in liquidation a year later with over £4 million of debts and the shares suspended down at 8p. Its performance, however, clearly merited a bonus of over £1 million to its CEO, Neil Riches!

Upon liquidation, the assets were acquired by the CEO and others for £180,000 plus a future potential revenue share and that company is now called Myclubetting.com.

It enables local sports clubs to run betting services; however, this is a hugely competitive market. It was so when Worldlink went bust 4 years ago and is even more so now with recent consolidation in the online sports betting market.

On the plus side, it has had some recent press as Sam Allardyce, one of its brand ambassadors, had to step down from the role on taking on the England manager role. I guess all publicity is good publicity, right?

The recent abbreviated accounts of Myclubbetting.com Limited for the year to 30 April 2015 show losses to date of £2.7 million. I am interested to see more up-to-date financial information in the forthcoming prospectus but would be very surprised if the business is profitable at the moment or will be in the near-term.

By now, Papillion will have less than £700,000 in cash and once costs of the RTO are taken into account, it is highly likely that it will need to raise further funds to fund Myclubbetting.com. I can’t fathom why third parties will provide additional funding for a business and a management team that took a very similar business into liquidation a few years ago. Guess this is the Sub-Standard List though so anything is possible.

I feel for the shareholders locked in here as I reckon the share price is only going one way, as and when it comes out of suspension. I’ll review further once the prospectus comes out with a more definitive view on the RTO.



- See more at: hxxp://www.shareprophets.com/views/23633/papillon-holdings-a-shocking-deal-even-by-the-sub-standard-shockers-xi-standards#sthash.IFE8eVHR.dpuf
Posted at 13/11/2016 09:59 by cromarty
I first wrote about Papillon Holdings (PPHP) when it joined the Sub-Standard List back in June (HERE) assessing whether it was “fit” enough for the squad. Well, I had no reason to worry as a mere three months later, it has issued an appalling RNS which will have the inevitable disappointing long-term consequences for shareholders.

As a reminder, Papillon is one of the many sub-scale investment companies with limited funds and was established to make an acquisition in the industrial and services sector which, I noted at the time, was previously was pretty wide.

Yesterday it announced that it was:

“…pleased to inform shareholders that it has signed non-binding Heads of Terms to acquire the entire issued share capital of myclubbetting.com Limited, a specialised betting and gaming related business, for new shares in the Company (the "Acquisition"). The Acquisition, if completed, would result in Papillon shareholders having a minority interest in the enlarged group (the "Group").”

As a potential RTO, the shares were suspended yesterday at 1.325p giving a market cap of £1.75 million and shareholders are now locked in.

So what are my concerns?

First, although the investment policy was drawn as broadly as possible I still think it is pushing it to make an investment in an online betting company particularly as the admission document pushed the energy and resources experiences of the Board of Directors; however, I imagine if pressed on this point, it would argue that it squeezes into the definition of the “entertainment” sub-sector of the “services̶1; sector.

Nevertheless, it still feels a bit disappointing.

More importantly though is my concerns with the deal itself.

Myclubbetting.com Limited is a reincarnation of Worldlink Group plc which listed on the Standard list (surprise) in late 2011 at a share price of £2.50 and was in liquidation a year later with over £4 million of debts and the shares suspended down at 8p. Its performance, however, clearly merited a bonus of over £1 million to its CEO, Neil Riches!

Upon liquidation, the assets were acquired by the CEO and others for £180,000 plus a future potential revenue share and that company is now called Myclubetting.com.

It enables local sports clubs to run betting services; however, this is a hugely competitive market. It was so when Worldlink went bust 4 years ago and is even more so now with recent consolidation in the online sports betting market.

On the plus side, it has had some recent press as Sam Allardyce, one of its brand ambassadors, had to step down from the role on taking on the England manager role. I guess all publicity is good publicity, right?

The recent abbreviated accounts of Myclubbetting.com Limited for the year to 30 April 2015 show losses to date of £2.7 million. I am interested to see more up-to-date financial information in the forthcoming prospectus but would be very surprised if the business is profitable at the moment or will be in the near-term.

By now, Papillion will have less than £700,000 in cash and once costs of the RTO are taken into account, it is highly likely that it will need to raise further funds to fund Myclubbetting.com. I can’t fathom why third parties will provide additional funding for a business and a management team that took a very similar business into liquidation a few years ago. Guess this is the Sub-Standard List though so anything is possible.

I feel for the shareholders locked in here as I reckon the share price is only going one way, as and when it comes out of suspension. I’ll review further once the prospectus comes out with a more definitive view on the RTO.





- See more at: hxxp://www.shareprophets.com/views/23633/papillon-holdings-a-shocking-deal-even-by-the-sub-standard-shockers-xi-standards#sthash.sVxX85OC.dpuf
Posted at 26/10/2016 00:01 by hugosamuel
Seriously, his comments on WGP, MTV and PHE are clones! Paid derampers/hidden agendas/shorters with power to hold share price down (who are about to get their comeuppance!)/criminal marketmakers/been promised news etc etc.

I would mind except since his involvement in each, one is delisted, one has been in suspension 4 years and has liquidators in, the other looks rather unwell.
Posted at 25/10/2016 19:15 by apfindley
Yes Hugo wise words.A loss in this particular case is a total loss for wgp regarding further infringements so will be gameover.An outright win and large award is very unrealistic.A win plus conciliatory award (ie costs) might not bring the windfall, but will favour them greatly.A settlement and undisclosed "terms" with some form of exclusivity might be the likely amicable solution... Maybe bloomberg et al may agree to pay a settlement, knowing that quest/wgp wouldn't win anyway, and want the patents too in an exchange.The threat of taking it to conclusion and the plaintiff losing, and having to pay costs etc may force the above alternative to at least give future value in the patents. If wgp had to fight this themselves, it would've been gameover long before now.Hope remains of some value to come back, even if only a million to either put into mcb or to bring back wgp as a cash shell for another company wanting a market listing.
Worldlink share price data is direct from the London Stock Exchange

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