|changed name to green co2 (GCO)
I sold a few at 3.125, seemed strange they would only give me 0.5p a few days earlier...
|To illiquid to move many at anywhere near the bid.
The only thing is if they ever got this right it would fly and the MM would snap your hand off in the rush!
As only 12% took the offer up they will probably need to raise more cash just dont know how they will do that unless they chuck in their own money and take it private at some point?|
|i tried to flog a few, prior to year end for tax loss, was quoted 0.5p|
|Too right Currypasty,
Read through all the documents and projections etc and was not impressed.
Hope they pull it round as I hold but I am not certain that the new buisness will be awash with orders/cash generative etc.|
|RNS Number : 3326Q
Wyatt Group PLC
08 April 2009
Wyatt Group Plc (the "Company")
Results of the Open Offer
As announced on 16 March 2009, the Company issued an Admission Document which
included, inter alia, details of a placing of 41,400,000 new Ordinary Shares at
1.25p per share (the "Placing") to raise GBP517,500, gross of expenses, and an
Open Offer of 28,130,838 new Ordinary Shares at 1.25p (the "Open Offer") in
order to allow Shareholders of the Company to participate in an investment in
the Company at the same price as the Placees.
The Company is pleased to announce that applications have been received under
the Open Offer for 3,544,728 new Ordinary Shares at 1.25p per share. This
represents a take up of approximately 12.60% and, since the Open Offer was not
underwritten, has raised GBP44,309.10, gross of expenses.
Subject to approval of the resolutions being proposed at the Extraordinary
General Meeting on 8 April 2009, admission for the Ordinary Shares issued under
the Placing and Open Offer are expected to commence on 9 April 2009.
onlt 12% takeup, dont think shareholders thought very highly of it then!|
Just seen this this morning, not sure what to make of it but I guess they have no other options in the current economic climate and rising unemployment.|
|He's on the NSAM thread TOB, desperate as ever :-))|
|Let's revisit what toss-pot Treacle said about this stock:
"Treacle28 - 10 Aug'08 - 20:03 - 519 of 531
Just 25K available at 4.20p at close on Friday and then 4.45p for higher amount. Not many shares in free float though. Think some Independent readers will have a speculative punt tomorrow with mkt capt only 0.60m. With all the disposals now made the next set of figures will be extremely positive on 2-3m minimum turnover and 500K minimum gross profit (20p at Interims in December with 2.80m mkt capt). Plus, one more acquisition coming. May well be RTO as pursued last summer."
Yes, Treacle being as "accurate" as ever - those two forecasts of "next set of figures will be extremely positive... 500K minimum gross profit" and "20p at Interims in December" contrast so fundamentally with the £371K pre tax loss and share price of just 1.5p bid. No wonder Treacle's gone quiet.|
|RNS Number : 1661L
Wyatt Group PLC
06 January 2009
Wyatt Group plc
6 January 2009
Wyatt Group plc
("Wyatt" or "the Company")
Change of Nominated Adviser and Broker
Wyatt is pleased to announce that it has appointed Zeus Capital Limited as its Nominated
Adviser and Broker with immediate effect.
For more information:
Wyatt Group plc Tel: 0845 450 9110
Zeus Capital Limited Tel: 0161 831 1512
Richard Hughes/Ross Andrews|
I am reporting on what has been a challenging period for the Group. In the 6 months to 30
September 2008 the Group made an operating
loss on continuing activities before joint venture losses and interest of £332,195 (2007:
£567,602 profit ). This was on a turnover of
£468,288 (2007: £1,557,818). The marked decline in results is due to the partial withdrawal
of a highly lucrative tax scheme administrated
by Group company, Premier Employer Solutions Limited ('PES'), which is detailed further
The main trading companies in the Group are PES, PES Employee Benefits Limited, Health &
Safety Department Limited and TEBC Limited.
These businesses work closely together to provide a range of integrated employment services to
organisations across the UK.
TEBC was acquired on 1 August 2008 for an initial consideration of £150,000 that could
rise to £600,000 dependant upon performance. It
is authorised to provide support to businesses on pensions and other regulated employee
benefits. This will be fully integrated with our
existing regulated business, PES Employee Benefits Limited and will trade under this name
going forward. This integration process will be
completed by the end of this calendar year.
I am delighted with the progress that TEBC has made since joining the Group. The business
is profitable and the management has
integrated well with that of PES. There are some very exciting opportunities in the pipeline
working with some high quality blue chip
clients. Current market conditions are leading companies to review their employee benefits
arrangements and the combined TEBC and PES
Employee Benefits team is well placed to offer support. This, coupled with the opportunities
presented by the current PES client bank, gives
us every reason to be optimistic about the growth potential of this business.
PES provides a range of employment related consultancy and support services focused around
human resources, reward and employment tax.
On 31 July, I reported that a change in tax legislation had had an adverse effect on this
business. This, coupled with the current economic
climate has led to a particularly challenging period for PES. A number of its SME clients have
been casualties of the tough economic climate
and one or two areas have under performed.
We are however seeing a drive towards outsourcing and we remain confident about the
Group's long term prospects. The management team
has been working hard to rebuild the core business. We have recently completed a cost
reduction exercise across the whole business and have
made some progress in growing the recurring income streams. As a whole, our Employment
Services business is on target to show a much
improved trading performance in the early part of 2009.
Some of the recent developments to note include:
* Partnership with GP Care to provide an exclusive HR service to GP Practices in the
* Partnership with Vision Risk Management to exclusively provide their clients with HR
and Health & Safety support in the South
West. Vision Risk Management is part of Liberty Group and provides a range of Legal Expenses
* Launch of our HR Franchise. We believe that it is a perfect time to expand our
franchise business giving us:
- A wider geographical coverage
- Additional revenue streams
- Routes to market for the wider range of PES / PES Employee Benefits products and
We have partnered with a national recruitment business and have already had a tremendous
response; with a large number of potential
franchisees already in the pipeline.
* We are now one of only 3 preferred partners of GWE Business West, giving us access
to 5,000 SME clients all across the South
The Health & Safety Department Limited is being integrated into PES and by the end of this
current financial year there will be just 2
operating divisions in the Employment Services business namely PES and PES Employee Benefits.
Despite the challenging market conditions the Group continues to make progress following
its recent divestment of non-performing
activities. However, the Board recognises the need for growth and to start to reward the
patience of our shareholders. In addition to the
improvements in our existing businesses, we are still actively investigating acquisition
opportunities and anticipate further news in this
area in the fourth quarter of our financial year.
15 December 2008|
|lol, sold out at 2p. ny holders out there, time to come back. It's safe now, and you can chat amongst yourselves again lol.
WYT will probablt fly now that she has left the building!!|
|But you sold at 2p !
All that ramping and you were the person that dumped that 50k odd and
it's easy to spot because the ramping continues for a few days then
nothing for weeks + you dont tip it on that ups thread.|
|lol. missed that treacle !!!! going up now your gone rofl :)|
|Might I refer you to post 520 above, and my advice even to Treacle at that point - on 11/8/08 "look at something like WLW". If Treacle had taken my kindly advice, he/she/it might have made money for once !|
|she has gone to the bgt thread now ,use to be a good thread but now it will get trashed by her constant ramping ,guys there are all ok just got unlucky with a placing ,but she will have to be lucky there to make money on her t trade mm have a habit of stitching up the t traders on bgt|
|Poor old Treacle, tries everything to ramp it up over the weekend, gives up going out and having a life to scour the net for something to post here, and the share price goes down!
Guess Treacle must be at least £60 down on this penny punt by now, that's a lot of money off a fortnightly giro.|
|4p bid for just 2500 online v 4.2p offer for 37,500.
Not what i would call good limits.|
|Enough watchers still it seems...waiting for the price to go blue and then possible big lift off imo.|
|Just 25K available at 4.20p at close on Friday and then 4.45p for higher amount. Not many shares in free float though. Think some Independent readers will have a speculative punt tomorrow with mkt capt only 0.60m. With all the disposals now made the next set of figures will be extremely positive on 2-3m minimum turnover and 500K minimum gross profit (20p at Interims in December with 2.80m mkt capt). Plus, one more acquisition coming. May well be RTO as pursued last summer.|
|What i always find strange is the belief that somebody actually believes
chancers ramblings, he/she does the same thing week in week out for the
last 5 years+ and every Monday morning and usually all week there is no
trades, complete delusion that punters will read this and buy the stock
especially when the same punters are fully aware of the abysmal track record
and deceit of a person who is desperate to get out of this stock but will
not take the current price and is again fully aware that anybody buying
will be completely trapped in this stock, it's a good job that others give
a few minutes now and again to warn others and lets not forget what that
50k+ sale got last week, just 2p against a 4p bid price, a 50% discount for
a £1k sale.|
|that guy (who wrote that piece in the independent) is the same bloke who had LNX in his portfolio and you chancer posted his piece on the LNX thread in attempt to ramp it.... what happened ? LNX went bust soon after.|
|PES Health & Safety expanding into franchises having successfully opened second office in London:- £15,000 and £350 monthly payments from month four. Nice additonal revenue earner imo.