W.h. Ireland Share Discussion Threads

[gargoyle2] 22/3/2023 15:12

One thing's for sure - it's not crystallising any capital gains!

[chrisdgb] 22/3/2023 15:09

Tax related...?

[harry_david] 22/3/2023 12:50

Is this knowledgeable buying or is it knowledgeable selling? Mind you it is only £80,000 over two days.

[gargoyle2] 22/3/2023 12:06

Something brewing here? 208k shares traded yesterday, 200k today so far...

[dartagnan4] 13/3/2023 19:35

The 50k trade is probably just the monthly ESOT

[oceans4] 13/3/2023 19:04

A couple of decent sized purchases going through today. Could this, at long last, be the time WHI gets sold.

[oceans4] 10/3/2023 19:35

Yes. The Wealth Management side of the business. The corporate broking side of the business are great, but this hasn't always been the case for many years they were loss making the side.

[oceans4] 10/3/2023 19:21

For 1p. They control the assets - lol

[harry_david] 10/3/2023 14:32

Are you guys all talking about the fund management side? I only know the broking part, which I presume is the biggest area, they are very good.

[davydoo] 10/3/2023 12:57

Maybe what's left will retrench to Henley

[gargoyle2] 10/3/2023 10:03

And another one gone -- www.portfolio-adviser.com/oberon-recruits-wh-ireland-investment-manager/

WHI should be able to get bought out once all these pesky investment managers have left..

[oceans4] 09/3/2023 18:42

I don't think London clients will be getting a first class service going forward. Mark Burtenshaw, the head of the London office, has left. It has got to be gameover for Wealth Management now. Well done Michael Bishop! And Philip Wale! A series of awful decisions made, which were not necessary at all.

[chrisdgb] 09/3/2023 11:14

check the whi rns's......

[gargoyle2] 09/3/2023 10:27

2020? The article is dated 7 March 2023? It just came up on my Google alert

[harry_david] 09/3/2023 09:22

I use the London office, service first class.

[chrisdgb] 09/3/2023 09:06

That was 2020......

[gargoyle2] 09/3/2023 08:54

I don't really understand your question. I'm just pointing out that WHI is closing its IoM office. Presumably if you are a WHI IoM client , then you will get transferred to Ravenscroft.

[harry_david] 08/3/2023 23:14

Gargoyle I don't understand, what is the relevance of Ravenscroft buying an IoM business to Irelands. Irrelevant I know but I use them occasionally as a broker and have found them very good especially on small caps.

[gargoyle2] 08/3/2023 12:26

And more folks leaving: www.portfolio-adviser.com/wh-ireland-investment-manager-leaves-for-atomos/

[gargoyle2] 08/3/2023 12:25

Isle of Man business sold off (£300m under management):

www.captiveinternational.com/news/channel-islands-investment-group-ravenscroft-buys-isle-of-man-business-5820

[oceans4] 10/2/2023 18:36

It's a mystery. They must enjoy losing money. I could think of a million more enjoyable ways to lose it.

[gargoyle2] 10/2/2023 15:47

Phillip Wale became CEO here in August 2018, at which point the share price was around the 120p mark. Today, less than 5 years later, it's 20p, an almost 85% destruction of value. What the hell is he still doing in his job? And what are Polygon playing at? Useless.

[oceans4] 10/2/2023 07:40

My view is that it's either now or never for a takeover. If someone was to aquire the firm today then there is a chance clients can be retained and some value remain within WM. It's the Company's best chance. They don't have the resources, experience or proposition to defend the client base without help.

[oceans4] 10/2/2023 07:22

Thanks for sharing. I didn't realise Paul Sheehan has also left. He was key to the Company's AIM portfolio service and I imagine a key member of their stock selection committee. The investment managers leaving all have 15 years plus time spent at WH Ireland and prior to that more time spent with the same clients at other stockbroking type firms. The current management probably have collectively 3 years plus time spent at WH Ireland, no time spent with clients and zero stockbroking experience. It's all banking experience, hence the 'one strategy fits all' approach. I don't think Company will be able to retain the clients.