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WYT Wyatt Group

1.75
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wyatt Group LSE:WYT London Ordinary Share GB0030320112 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.75 0.00 01:00:00
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 1.75 GBX

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Wyatt Forums and Chat

Date Time Title Posts
15/4/200909:40Wyatt Group PLC540
02/3/200419:47I'M BACKING BOB - How about You?19

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Posted at 08/4/2009 09:04 by currypasty
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!
Posted at 06/1/2009 12:13 by tiredoldbroker
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.
Posted at 11/8/2008 14:27 by tiredoldbroker
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.
Posted at 09/8/2008 13:41 by treacle28
Well summarised and good number of positives and highlighting that a hell of a lot more upside potential than downside at current mkt capt and share price:-hopefully may bring in some buyers next week. The 5 year chart shows another one of those 150-200% spikes is due imo!

But two encouraging developments last week left the impression that the shares have, even in today's depressed market, been overlooked. The group has accomplished what looks like a rewarding deal and another is in the pipeline. It also produced figures rather better than I expected.

Indeed, there is a reasonable case for hanging on.

The last right issue was in January 2005, raising around £600,000 at 18p and all the participants have held their shares. A rights issue for an acquisition which would transform the company (similar deal talks failed last summer) would also bring more positives even though they would be issuing more shares imo. Only 14m shares in issue!

The percentage of AIM securities which are in issue that are not in public hands is 52.75%

Institution Interest Percentage
Ruffer LLP 2,676,000 19.03
Dartington Portfolio Nominees Ltd 2,041,887 14.52
Mr Bob Holt 1,112,556 7.91
Mr Ian Rummels 1,066,086 7.58
Noble Fund Managers Ltd 500,000 3.55
AXA S.A 449,444 3.20

Shareholding data last updated on 14th July 2008
Posted at 07/8/2008 11:54 by tiredoldbroker
Poor old Treacle, not got anything useful to say, not got any honest answers, so reduced to imagining that other people deal in the same penny packets he does ! I wouldn't even waste £40 on WYT, the share price is not going up.
Posted at 06/8/2008 10:23 by tiredoldbroker
Yeah but Treacle the problem is, you expected the share price to go up ahead of the figures; then on the figures; then after the figures; and you're wrong every time !

The balance sheet is shot to bits, the company will be lucky to remain in profit at the pre tax level this year, there's nothing to go for.
Posted at 04/8/2008 15:47 by tiredoldbroker
Of course, Cancer6/Treacle28 was claiming the share price would go up ahead of the figures... then on the figures... then after the figures... now 'soon' but in the future... and all the time, ignoring the company saying its only profitable business "was hit by a change in tax legislation at the end of 2007 which will have a significant adverse affect on Group's trading in the current year"; a 25% drop in gross profit and the group is lossmaking in the current year, at the pre tax level.
Posted at 29/7/2008 18:44 by tiredoldbroker
So what if they can turn over £3m, that doesn't mean the mkt cap should also be £3m, there's no logical relationship between t/over and mkt cap - just Cancer6's ramping. Also, the one remaining buiness may be profitable at the operational level but it's perfectly likely that - even excluding losses from all the discontinued businesses - this won't be enough to cover central costs & listing costs, and WYT will be lossmaking at the pre-tax level. Whereas as I've suggested, you could find a whole list of profitable £3m mkt cap companies, even dividend payers, if you spent 10 minutes looking, and most of them would have much stronger balance sheets than WYT.

Don't be taken in by Cancer6, the deathwatch beetle of share tipping.
Posted at 18/7/2008 22:28 by tiredoldbroker
"Lord" Santafe, do stop posting such drivel. What you've actually said above is that apart from FPS, nearly all Cancer6's stock picks have gone down the pan; yet your conclusion is that 'he knows what he's talking about' ! Can't you see that you're contradicting yourself and talking sheer nonsense? No wonder you were apparently made bankrupt earlier this year as a result of your disastrous stock picking over the last few years.

And as far as FPS goes, the accounts may show that the company has cash; but it's along way between that and the shareholders seeing any of it. They have just over £1m in Jersey and forecast their overheads for 2008 as about £730,000; that might leave them £300,000 in January 2009, if they don't just blow the lot; and if they get into hassle with the Chinese authorities, you can write off any hope of extracting funds from China. Every chance that the shareholders will get less than the suspension price.

And have you even tried to work out the state of WYT's balance sheet after the closures, mothballing and sale to management they've done in the last year or so ? There's simply not enough left in WYT to support their debt, their battered balance sheet, and the vastly higher share price Cancer6 keeps telling fairies about.
Posted at 17/7/2008 21:38 by tiredoldbroker
How sweet amd sentimental of Cancer6 to quote a newspaper columnist who was also long of LNX, another of Cancer6's ramps, and one which bit the dust earlier this year - like how many other of your ramps, Cancer6 ?

So what that WYT might be 'engaged in further corporate activity' at some stage - there's no evidence it will be at a premium to the current price, or that the deal will be any better for WYT shareholders than oh, let's say AMS, or Biotech, or Risksmart.
Wyatt share price data is direct from the London Stock Exchange

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