Wyatt Share Discussion Threads

[swag2] 19/12/2007 11:34

So results not so good then? Leaky leak........

[drain] 13/12/2007 11:25

I asked WYT when the interim results would be available.The reply was:

"I expect to announce the results on a similar date (i.e. next week).

David Curtis

Group Finance Director"

Last year they were announced on 21 December.

[currypasty] 10/12/2007 16:18

208k

i would guess so

but i didnt think mm's would have that much stock!

[swag2] 10/12/2007 16:12

A buy perhaps? ;-)

[currypasty] 06/12/2007 16:25

"The consultancy services company also said today that trading in the first
half of the current year has continued to be buoyant with strong growth in
Premier Employment Services (PES) in particular."


Could be ready for a move up, if the figures stack up!

[swag2] 06/12/2007 16:18

Interims last year were on the 21st December - not too long to wait now!

Last update said sales were bouyant, which should translate into a good set of numbers imo.

[swag2] 07/11/2007 08:46

Does this share ever do anything exciting??

Come on MM's just double it for a few hours!

[currypasty] 25/10/2007 14:22

RNS Number:3715G
Wyatt Group PLC
25 October 2007



Wyatt Group Plc ("Wyatt")


Wyatt, the provider of specialist employment services to businesses, announces
that it has today been informed that Bob Holt, Chairman, today purchased 125,000
shares in the Company at a price of 13.5p per share.




price was 13.0 - 17.0 i thought it was a sell, especially as price ticked down... obviously what market makers wanted us to think !

[swag2] 25/10/2007 13:55

Lol Bob buys some shares and the price falls!

[currypasty] 16/10/2007 08:13

come on Wyatt, up a half this morning, still too cheap imo

[swag2] 01/10/2007 13:37

Chart says it all really - it's just too small to really sustain any share price growth. The spread is enough to put anyone off buying!

Bottom drawer share this one. Oh well, maybe next year for my CGT bill!

[currypasty] 01/10/2007 12:57

shame this has fallen back so much... even without reverse takeover, the company's fortunes had turned round, and is starting to look a good recovery play.

[currypasty] 28/9/2007 11:21

LONDON (Thomson Financial) - Wyatt Group PLC said the talks for a reverse
takeover have been terminated as both parties decided not to proceed with the
deal. Trading in Wyatt's shares is expected to resume later today on AIM.
The consultancy services company also said today that trading in the first
half of the current year has continued to be buoyant with strong growth in
Premier Employment Services (PES) in particular.
Wyatt also said that under a revised earn-out agreement with the vendors of
PES it has issued about 1.1 mln shares to Ian Rummels, managing director of PES
and a director of Wyatt, following which he holds an about 7.6 pct stake in the
company.
The 2.0 mln stg cap on any deferred payment for PES relating to results for
the three years ending March 2010 is reduced by a 360,000 stg payment made under
the revised arrangements, the group added.



Looks like PES will be our saviour, interesting IR took the 1.1 mil shares

[currypasty] 28/9/2007 11:12

you have to have at least 2 mm's ... perhaps others not woken up yet ?

[tonyx] 28/9/2007 11:12

lol!

I think we had SCAP as well....maybe they're having a long coffee break :-)

[swag2] 28/9/2007 11:09

Lol - it's such a long time ago that I even bothered to look at trades that I can't remember either!

I think this is the usual MM's reaction - the news is not the done deal, so lets wipe off 20% until someone can tell us what the news actually means!

[tonyx] 28/9/2007 11:01

Yep-not sure whether it warrants an 18% drop. I see only WINS on L2-can't remember how many MM's we had before. Any ideas Swag2?

[swag2] 28/9/2007 10:56

Disappointing news, but some good positives hidden away in the text:

Trading in the first half of the current year has continued to be buoyant with
Premier Employer Solutions ("PES") in particular showing strong growth

JV with Biotech lessons the risk with shared costs, with inventor injecting funds.

Acqusition of H&S Dept will imo be earnings enhancing as part of a larger plc will increase exposure. Since it is only turning over £30k to make a £9k loss it should be a quick turnaround.

[swag2] 05/9/2007 08:50

Still no news to report from the company. Can we deduce that that things are progressing well - silence speaks volumes and all that? ;-)

[swag2] 30/7/2007 13:10

Just nit picking here, but why in the statement of the suspension say:

"pending an announcement and publication of a document"

when the HoT haven't even been agreed? After all, they might not even agree Heads of terms, and hence there would not be a document to circulate!

[swag2] 25/7/2007 08:28

Interesting, but a bit too enthusiastic.

"is near to clinching what could be a major deal" - it hasn't even got Heads of Terms drafted yet!

[currypasty] 23/7/2007 09:08

By Derek Pain
Published: 21 July 2007
It has been a long, often agonising four years but it seems that shares of Wyatt, one of the No Pain, No Gain portfolio's more recalcitrant investments, are at last coming in from the cold.

They were suspended last week at 22p. The company, it transpired, is near to clinching what could be a major deal which may, I believe, be regarded as transformational. These are early days and due diligence has still to be carried out. But the signs are that the take over will be completed within a few months.

Still, even if Wyatt's expansionary hopes are not fulfilled, the little group is at last doing very nicely. It has just recorded its first-ever profit. And its move into the black is unlikely to be a flash in the pan.

Operating profit emerged at £354,000, against a £542,000 loss, with a "pure" pre-tax return of £122,000 compared with a £687,000 deficit. Turnover soared from £1.2m to nearly £3m.

This is quite a turnaround, then. The shares climbed from 14p to 19p on the figures and then the takeover talk lifted them to 22p before trading was halted. The portfolio paid 27.5p in April 2003. Assuming the signalled deal goes through I would expect them to top 40p this year. Even without the acquisition, I believe that the shares have put their dark days behind them and should be capable of exceeding the portfolio's recruitment price. It's a far cry from those not-so-distant days when the on-line group slumped to a miserable 8p. True, trading in the shares was invariably thin. Indeed on occasions they slithered and slipped with, according to the www.advfn.com screen, not a solitary share changing hands. Whether the company had a future was a relevant question.

If I had adopted the traditional stop-loss approach I would have dumped the shares. But faith and patience are sometimes rewarded. My gut feeling was that Wyatt would eventually prosper. It is closely related to the management of Mears, the support services group that is one of AIM's success stories, although its shares have come under pressure lately following allegations of contract problems, which Mears rejects. Mears was one of the portfolio's early hits, more than trebling to 84p. But, it transpired, I sold far too early. The shares have since gone on to even greater things, reaching, at one time, 380p.

Wyatt has three divisions. Star of the show is PES, offering a range of tax and legal services. It has swung handsomely from loss to profit. And Risksmart, a risk-assessment group, is now trading close to break-even. Both are expected to make further strong headway with, perhaps, year's profits getting near £500,000. The third division, featuring a drug-testing kit, has yet to get off the ground. Wyatt has capped its expenditure and its United States partner is now funding the venture.

[swag2] 18/7/2007 19:14

Dull this share! Doesn't it ever move?;-)