W.h. Ireland Share Discussion Threads

[gargoyle2] 06/6/2022 10:34

Tipped somewhere over the weekend maybe.

[cwa1] 06/6/2022 07:09

Aye, aye: what's "up" here? I hadn't realised that it was permitted by the stock exchange for this stock to move in an upwards direction! This is VERY suspicious and hopefully won't last too long due to its blood pressure raising effect...

[gargoyle2] 23/5/2022 10:04

Where's the year end trading update? 4 May last year.

[gargoyle2] 23/5/2022 09:47

Polygon must be asking themselves how they ever got involved with this basket case

[davydoo] 16/5/2022 10:32

WHI paid £7.8m to acquire Harpsden

It added 14% to their AUM, increasing it by £250m to £2bn

At the interims in December AUM was up to £2.4bn (assumed lower now)

At £25m today , the Harpsden acquisition cost more than 30% of the mkt cap

So is the share price undervalued? or did they overpay for Harpsden?

[gargoyle2] 10/5/2022 09:17

More 'investment'... at a cost of, say, £1 million a year in salaries? Would be good to know when shareholders are going to see a return!

[cwa1] 17/2/2022 14:23

Small director purchase...

[cwa1] 11/2/2022 17:34

LOL, of course it was them ;-)

Still left with just under 5%, which they can hardly be committed to...

[gargoyle2] 11/2/2022 16:51

M&G the seller -- they've taken a fairly hefty loss on that, I think. Surprised, I thought it would have been Oceanwood.

[cwa1] 11/2/2022 16:44

Well, it seems like there were precisely 2 people interested in that holding announcement this morning :-) Ho hum.

I'd also be interested to see who the seller was. There's only 3 holders big enough for it to be and the most logical, as mentioned above, would be Oceanwood. It also is within a whisker of their total holding anyway, so my guess is they are now out: lock, stock and barrel. Of course I could be wrong and it is one of the other two.

Shouldn't be long until we find out.

Will also be very interested to see what they intend to do with their stake. My guess is that they won't be entirely passive holders...

[cwa1] 11/2/2022 08:01

Hmmmm. Now that IS interesting :-)

[gargoyle2] 11/2/2022 07:21

Mountain Berg now has a 9.8% stake. Apparently an investment vehicle of David Ross, Carphone Warehouse founder.. could be interesting.

[gargoyle2] 09/2/2022 21:58

Oceanwood exiting maybe?

[cwa1] 09/2/2022 17:29

Chunky trade(s) today. Just a cross(looks possible), or something more interesting?

[tomps2] 09/12/2021 09:33

WH Ireland (WHI) interim results overview by CEO, Phillip Wale - December 2021

WH Ireland’s CEO Phillip Wale presents a short overview of the Group’s half year results for the six months ended 30 September 2021.

Watch the video here:

Or listen to the podcast here:

[gargoyle2] 08/12/2021 17:59

I’ve watched the results webcast. Seems like the business is in better shape than it was two years ago, but still reliant on acquisitions for growth. Those will inevitably involve raising new equity imo (I’ve lost count of the number of new capital raises WHI has done in the last 5 years), in which presumably Polygon, M&G and the directors will get to participate at a nice discount. The webcast talks of lots on ‘investment217; in both divisions, but that really just means hiring more people. When is that going to stop, so that long-suffering shareholders can start to see the benefit? I forget when Polygon first invested here (2015?) – I wonder if they knew then that they would still not have exited nearly 7 year later. Surely they must be selling out soon?! I live in hope.

[tomps2] 08/12/2021 08:38

WH Ireland (WHI) interim results presentation - December 2021

WH Ireland CEO, Phillip Wale, CEO, Chairman, Phil Shelley, CFO, Simon Jackson & Head of Wealth Management, Stephen Ford, present the interim results for the period ended 30th September 2021.

Watch the video here:

Or listen to the podcast here:

[gargoyle2] 23/11/2021 11:29

Still no sign of the interims, even though I've asked the company. Director buying at 40p, 48p and 58p over the last year, so I assume the results will show continued strong progress..

[gargoyle2] 18/11/2021 10:07

Anyone know when the interim results are out here? 26 October last year. finncap had some decent figures today, so I'm looking forward to seeing whether WHI can carry on from the relative success of last year. Hoping this management team can be more consistent than previous managements.

News of an upcoming IPO which WHI is handing:

[gargoyle2] 08/9/2021 11:32

Looks like there's the ESOT's 50k for the month just been bought.

[gargoyle2] 30/7/2021 06:39

Charles Stanley sold to a US buyer. About time Polygon found a buyer for WHI too imo.

[tomps2] 15/7/2021 08:34

WHI Full Year 21 results overview

Phillip Wale, CEO, and Stephen Ford, Head of Wealth Management give an overview of FY21, the year ended 31st March. A strong performance from the Capital Markets Division and continued progress in Wealth Management has delivered the first profit in five years and has enabled considerable investment across the Group to ensure future growth.

Watch the video here:

Or listen to the podcast here: