Wallgate Share Discussion Threads

[masonman] 23/7/2004 12:27

50 million dumped!

[psmith64] 23/7/2004 11:38

Great News SAGEM - If that is the case and that happens, then the odds on my Gamble will be getting better, slightly

With Peter Hewitt gone, that can only be good news, hence the rise today.

Lets wait and see what happens 0n the 28th July, don't forget, Mr Hewitt is clever and he knew this to be the case a few weeks back I would guess when what appeared to be a hostile bid from Global, at which point he cleverly switched from Square Mile to Burnbrae, who I would guess he bought in to save his bacon.

That is the only hope for this share now, but from what I have read about Stephen Dean, it will not be shareholders interests he has at heart, so the chances of getting all your money back will be slim.

Regards

Paul

[nissi beach] 23/7/2004 08:42

are the mm playing games again

lift the offer to make it look like the stock is rising or do they have big buys pending

lift the bid then we know which way

[blavod extreme bes] 23/7/2004 08:16

bid up to .0019 so even though the spread is huge there are buyers and the bid IS going UP !

[blavod extreme bes] 23/7/2004 08:07

Sagem Hello,

Thanks for that piece of very interesting news :)

[blavod extreme bes] 23/7/2004 08:06

TOP of the risers !!!!!

UP 35.9%

So much for 'sell' !!!!!

Don't say I didn't tell you to hold ;~)

LOL !
AYE !

[sagem] 23/7/2004 07:25

Article in the Daily Mail today suggests that Global Investments a Gibralta based fund will attemp to unseat Chairman Peter Hewitt and his wife as well as co director Fidelma at the AGM ON WEDNESDAY. If they do achieve that then what happens next to Wigmore. Will it be sold off in parts I wonder.

[tiredoldbroker] 22/7/2004 14:54

Until something new happens, I think everything has been said, even if some have chosen to ignore the evidence.

Sagem, surely the most optimistic and gullible person on ADVFN. When you quote the old maxim about having to speculate to accumulate, the problem is that many a small investor has speculated without doing their homework - and the last thing any of them will do is accumulate. They'll continue to piddle their cash away on no-hopers, and guys like me will continue to waste our time trying to discourage them - because they'll take no notice.

psmith - thanks for all the well informed comment, it's rare to see a board where someone can actually give a real insight into the day-to-day aspects of a company. Don't worry about tipping other stocks in the future - nobody has a 100% track record, and you learn as you go along. WGT has probably taught you a lesson or two, at relatively little cost.

And to anyone else, good luck. I'm going to do my best to say no more about WGT for a while, but will probably return to it some time in the future.

[tamaybroke] 22/7/2004 14:07

Paul i admire your resilience,SAGEMS problem is a big one inpaticular in trading in the fact he cannot accept a loss and also cannot accept there are genuine investors out there posting on these threads with a history to the back them up.I suggest SAGEM you analise particular posters on the ADVFN site,find these posters and take advantage of the useful information being given to you FREE of charge and without obligation.But sadly SAGEM i feel you are incapable of that,because if you cant accept when youve lost, investing will be your downfall.
You have a nice day now ye hear!

[psmith64] 22/7/2004 13:32

SAGEM - I have no problem investing on the stock market, but people must be made aware of what they are investing in, and avoiding a disaster if they can, and if I can help that situation, then feel I have done a bit of good.

Already since last week, any new investors would be 29% down, I think there is better value elsewhere at the moment, with less risk, but since tipping Wigmore earlier last year, I don't give out tips any more, as I feel personally responsible to those I told and did invest in this company, based on personal meetings with Peter Hewitt and his forward thinking which is now obvious was pipe dreams because he would not have been able to afford all the things that were going to be done, and the fact that he bought a decent company like Blanchards, which has now been desimated while under the ownership of Wigmore, I would stake my last penny at the moment, that there is no way Blanchards would ever be worth £ 2.1 million that was paid for it now.

There is one other reason why I am bitter about Wigmore, and it is not the money that they owe me, I am not that hard up, something really personal that I am not going indepth on here with, lets say I introduced a long term friend of mine to him, Peter Hewitt will know what I mean by this, what he did was disgusting with the knowledge he had at the time, for which I will never forgive him.

Regards

Paul

[psmith64] 22/7/2004 13:15

ARGY2 - who says my company is little ?????, the investment I have in it dwarfs anything Peter Hewitt is likely to ever invest in Wigmore, infact, if I thought that the sale of Blanchards and Speymills, together with the Yard in Salisbury would cover its debts, I may even have had a stab at Buying Wigmore to get a cheap listing for my own company, to do exactly what I think Burnbrae and Global are up to, but unfortunately, I don't think the sales will cover the debt, and the only way I think you will offload Speymills and Blanchards is by offering it at a knock down price to its management, we will see in due course what happens, but it is going to have to happen soon, whatever is in the wind.

Regards

Paul

[sagem] 22/7/2004 13:11

Are we really bothered what P.SMITH has to say about a company he once did some work for. As far as I am concerened I am a shareholder in Wigmore Group. I bought these shares on the understanding that we all take a chance with our money when we invest in various companies. Some we win some we loose. I can accept this, but it appears that P.SMITH has a problem in investing on the stock market. You have to speculate to accumulate. P.Smith cant even get percentage of shareholders stakes correct or in the manner that they should be interpreted. I am not complaining about Wigmore, nobody suggested to me that I should invest in this company. When you loose on one comany you can gain on another AND THATS WHAT IT IS ALL ABOUT. P.SMITH OR NO P.SMITH. I shall not be refering to Wigmore or P.SMITH in the future. CHEERS.

[psmith64] 22/7/2004 13:05

All sales today, must be based on the fact that Peter Hewitt has bought more shares, and obviuosly thinks he is staying, bad news for the investors hoping for something out of this one.

Wouldn't you sell if you thought he was going to stay at the top of the tree.

If there is to be any salvation for this company, it has to be with somebody running it that has the ability to make money in this sector.

I am still trying to think of a reason why two investors look like they are currently going to have a dog fight for control, Burnbrae and Global Investments ( or Stephen Dean ), and the only logical reason I can come up with is this:-

They move in, asset strip the company, close FNPM, sell off Speymill & Blanchards, and end up with a nice shell to reverse something into, a nice way of getting a cheap listing, this is what I am pinning my £ 100.00 500/1 shot on, and if they bring something in there worthwhile, the Gamble may pay off, we know Mellon has a string of hotels, maybe he wants to float that, Stephen Dean obviuosly has other business ventures, maybe he has something that needs a quick way to the market.

It is all guesswork, but in my view, is the only hope of something coming out of it, but not worth investing what you can't afford to lose

Regards

Paul

[argy2] 22/7/2004 12:57

You can hardly compare your % holding in a little private company to that of Directors in a Public Company.More important is the size of that investment compared with their net worth etc.Otherwise you could point the finger at BP,Teco Directors etc.

[ejudge] 22/7/2004 12:53

Paul

I have to admire your patience towards those who won't (not can't) absorb the obvious. Interestingly the directors bought between them £30,000 worth of shares at 0.1p per share. Are they too looking to offload to the unwary at 0.17 (or less when they are actually admissable)?

[freelunch] 22/7/2004 11:55

SAGEM are you on something......."damaging Wigmore Group" how much more damage can be done, I do hope you have written these off.

[sagem] 22/7/2004 09:03

RNS Number:1076B
Wigmore Group (The) PLC
22 July 2004


The Wigmore Group plc
("Wigmore Group" or the "Company")

Director Shareholdings

The Directors of Wigmore Group have today converted in aggregate #30,000 of
convertible loan notes held by them into 30,000,000 new ordinary shares of 0.01p
in the Company.

The Company will make application for the 30,000,000 new ordinary shares to be
admitted to trading on AIM and admission is expected to occur on 28 July 2004.

The issued share capital of the Company is now 783,711,111 ordinary shares of
0.01p each.

The Directors now hold the following ordinary shares in the Company:

Director No. of shares acquired New % of enlarged issued
upon conversion shareholding share capital

Peter Hewitt 10,000,000 12,503,357 1.60%
Fidelma Hewitt 5,000,000 5,085,486 0.65%
Keith Lassman 5,000,000 5,568,973 0.71%
George Brooksbank 10,000,000 11,070,000 1.41%




This information is provided by RNS
The company news service from the London Stock Exchange

END
RDSRTMPTMMATMFI

[sagem] 21/7/2004 22:15

P.SMITH...it seems that you are willing this company to be a bad deal. Why I just dont know. All your dribbling about how much the share is going to be worth, how can you know. Wigmore will win the day and come up trumps. So start trying all your bad remarks on another company and leave Wigmore alone

[psmith64] 21/7/2004 21:20

BLADVOD - that is fine and a good game plan.

But please, do not come onto this board ramping your gamble.

That way we will all get on better.

If you have any hard and fast facts, that stack up to make this a valid good investment, that is fine.

Because, everytime this share gets ramped on this board, I will continue to post fact to warn people against it, until there is a pretty good convincing case to make it a good buy, but at last you admit, like I have said, it is an out and out gamble, and no better at the moment than a 1000/1 shot at the races, with the odds going out by the day.

Remember, a 29% loss since last week in real terms, last week you could have got 0.22p, this week only 0.17p, next week who knows, but my guess is nearer the 0.10p where they will eventually end up

Regards

Paul

[blavod extreme bes] 21/7/2004 21:10

Many people have a portfolio with their long-term 'winners' and their short term 'traders' and their 'gambles' .. this fits mine as a 'gamble' and the big money is on the other two :)