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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Wallgate | LSE:WGT | London | Ordinary Share | GB00B29Q2280 | ORD 0.075P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.625 | 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 | 0.625 | GBX |
Wallgate (WGT) Share Charts1 Year Wallgate Chart |
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1 Month Wallgate Chart |
Intraday Wallgate Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 08/8/2005 | 13:21 | WIGMORE COULD BE IN FOR A REVERSE TAKEOVER | 73 |
| 19/6/2005 | 22:56 | Wigmore Group.....honest and sensible debate..! | 103 |
| 01/9/2004 | 14:13 | WGT - WINNING CONTRACTS | 1,082 |
| 09/7/2004 | 13:37 | 1P BID FOR WIGMORE | 19 |
| 04/6/2004 | 16:18 | Wigmore Group-NOT winning contracts | 7 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 07/8/2005 01:19 by cwem Starsiva6 - I think that the 3.3 billion shares in WGT you referred to earlier was the number of shares before the recent 1 for 100 consolidation. That means that there are now around 33 million shares which, at Friday's mid-price of 36.5 pence, gives a market cap of £12 million for wigmore/Speymill Group,or probably a bit more if you add in the recent equity issues.Oneforthemoney - sorry i didn't reply before, been on internet-free holiday. I asssume that the name change will come in soon, given wigmores press release on Friday. Checked with my broker about the new ticker - no news yet but they assured me that as soon as they knew, they'd e-mail me. Until then, WGT seems to work, but not on the Motley Fool site. Anyone - I'd be interested in who the major share holders are in Wigmore / Speymill. Any info much appreciated, thanks. |
Posted at 05/8/2005 21:37 by sagem I note that this company is now involved in the German property market. They certainly know where to go to get the best investment as the German property market is at its lowest and can now only rise in value. Has nobody realised this yet and what a good investment to have a holding in the newly formed company now called SPYMILL.The share price is rising almost daily AND SLOW BUT SURE OUR LOST MONEY IS RETURNING. Am I glad I did not sell like so many others who had no confidence in the company. IT COULD HAVE GONE BUST AND ALL MONEY WOULD HAVE BEEN LOST. In Germany the only major property market not to have seen any rise in prices in the last decade, there are some signs that prices are beginning to move in the right direction...articles are appearing about Polish people going across to Germany to buy up property there because its so cheap .....THATS GOT TO TELL YOU SOMETHING ( like Speymill seem to know exactly what they are doing and why they are doing it) SEE BELOW......... It is our intention to establish a fund management business, focussed to begin with, on property. To this end Speymill Property Managers Limited has been incorporated in the Isle of Man. As a first step, we announce today Heads of Agreement for the incorporation of a new joint venture with a German company for the management of a portfolio of properties (initially over 900 apartments) in Berlin. The majority of the properties are owned by our major shareholder, Burnbrae, with the balance coming from our German partner. Plans are already advanced to take advantage of substantial Funds which are being organised to invest in German properties particularly in Berlin. The joint venture we are announcing today will be well placed to participate in that process. The joint venture company we are planning is to be called GOAL Services Gmbh. Ownership of GOAL will be divided in the ratio of 51% to Speymill and 49% to LAGO Services, which is controlled by Herr Florian Lanz, who is based in Berlin. LAGO is an existing German property management business with in depth knowledge of the German construction market and a wide range of property contacts |
Posted at 27/7/2005 18:52 by wantage Wigmore unlike many of these new property companies rushing off to Bulgariafor pie in the sky property profits has done a great deal in Berlin.Nearly all Germans rent and don't own their property.Current yields in Berlin are roughly 10% and they can borrow at 3%.Their partner is heavily involved in the local property scene,in development and architecture.This new deal underpins the share price, and hopefully will propel it higher in the future. |
Posted at 27/7/2005 17:01 by sagem SVERDLOV....I have been predicting for some time now that Wigmore is in recovery mode and although a consolidation has taken place today the share price has risen which is very good news and shows that confidence in the newly formed company is a real asset to all investors. Certainly no sign of dilution so I am confident that this company is well on the way to RECOVERY, but their are others on this bulletin board who think differently.....I for one take no notice of these doom and gloomsters, but you must make up your own mind as I do always. GOOD LUCK. |
Posted at 13/7/2005 21:08 by knitcraft SAGEM - 4 Mar'04 - 14:34 - 765 of 897This is Sagem...That was not my post. I only give info as I see it or have read it. I only state that I think this share price is undervalued as the potential is very great. This is not a tip I am not a tipster and cannot see into the future. |
Posted at 11/7/2005 09:18 by sagem TAMAYBROKE...Keep looking at the share price going up...YOU must be very wrong in your anaylasis. |
Posted at 02/9/2004 14:54 by tiredoldbroker Just one more point. The most recent Burnbrae loan agreement would raise £500K, convertible into ordinary shares at 100 per 11p nominal, plus warrants for 50% of the number of shares issued, also exercisable at 0.11p.Thats 454,545,454 shares for the loan and 227,272,727 shares on the warrants. Which would bring the total number of WGT shares issued or to be issued to 3.7 billion. Given that Topchat believes the share price is going to 4p (well, he says he believes that, I don't think anyone is that stupid), perhaps he can explain how and why WGT would justify a market value of £148m - which is what a 4p share price would mean. WGT has carried out the most audacious dilution of shareholder value I can ever remember seeing. What I mean by that is (in very round numbers), from just over 200m shares in issue before they revealed their problems, priced at around 2.5p to value the company at say £5m, they have gone on to issue or promise to issue another 3.5 billion shares at barely 0.1p, to raise £3.5m. Lets say WGT was worth £5m, and that the cash raised isn't all being wasted on stemming losses, and that the combined value of WGT plus cash is £8.5m. The problem is that, divided between 3.7 billion shares, that works out to a value per share of 0.22p. That's if you think WGT was worth its pre-crisis price (I didn't think it was) and that the cash raised won't go on trading losses and fees to bankers, brokers and consultants (which I think it will). There is no way, given the massive number of shares being issued, that small shareholders will ever see their money back. The shares might be worth 0.2p, but that's on an optimistic view. |
Posted at 06/8/2004 11:54 by tiredoldbroker Sagem, I couldn't help but break into a laugh when I read your post "all that I said in the past seems to have been correct".You're the person who was saying how cheap WGT were at 3p, weren't you ? Aren't you down about 95% on your original investment ? As far as announcing new contracts is concerned, the last set of accounts said that in 2003, turnover from "continuing activities" (i.e. WGT excluding Blanchards) was £18.43m and when Blanchards was purchased, its annual turnover was running at £6.7m. SO adding them up, WGT should be announcing £1m of new contracts every fortnight, just to be standing still. But they don't. They've made one announcement of new contracts in about 4 months. The logical conclusion is that many potential customers have decided not to give any work to WGT, because nothing screws up a project like your contractor going bust half way through, or the subbies walking off because they haven't been paid. If WGT's customers have lost confidence in WGT's ability to efficiently complete any work awarded to them, they'll just give the work to another company. Oh, and a nasty in the tail which I should have mentioned before. I bet the guys who sold Blanchards to WGT are feeling angry and ripped off right now. They took a lot of the purchase price in shares which in 12 months have lost 95% of their value. But the purchase terms included a deferred cash payment to the vendors of up to £340,000. If I was them, I'd be scrabbling to recover whatever value I could from the original deal - like instructing solicitors to make sure that the full £340,000 was extracted, in cash, ASAP. I don't think WGT can find that money right now. Still, they might just agree to issue a further 340 million shares at 0.1p to the vendors, for them to sell in the market. A drop in the ocean with all the other stock WGT has agreed to issue. |
Posted at 29/7/2004 14:34 by psmith64 SAGEM - I do have work to do, I can't waste all my time giving free advice to pillocks like you that still after everything put faith in a board of directors, that quite frankly, if they can't make a profit after the last five years, aquiring profitable companies, are never going to make profits.Time will tell, but I am sure with Global and Burnbrae now having a 51% share, they are not going to leave Hewitt & Co in place, and if they do, then frankly, they are not going to make any difference are they !!! As for your comments, like, "the share price will be up tomorrow", based on no news, just your hopes, you are the one that makes yourself look stupid, because if you look at moment, the highest price obtained in todays sales is 0.17p, like TOB says, don't just write statements like that if you can't back it up as to why the shareprice will be back up tomorrow, because it isn't is it, they may have upped the offer, but the bid, and what you can get if you sell, remains firmly at the bottom of the spread. When I made statements based on fact a couple of weeks back advising people not to buy, when you could have got 0.23p, at least I haven't locked them into 35% losses have I !!!! Who do you think people are taking more notice of SAGEM, me or you ????? And just a reminder of some more fact, Blanchards turnover in the last two years has probably been 50% provided ( £ 3.0 millon ) for their work with Annington homes ( this info was provided in a round about way in the buyout document, and was one of the against points that Peter Hewitt brough to investors attention, based on the fact that if they lost this work, or it dried up, it could have a detrimental effect on the trading of Blanchards ), well, I think you will find that this fact will now come back to haunt Peter Hewitt, because in the last six months, the significant amount of work this client provided has not been there, and in fact the current live job they have with them has not gone too smoothly due to a site problem, hence Peter Hewitts comment on a slow start to the new financial year, which probably part contributed towards the financial problems, because when one of the best parts of the company begins to underperform, its means problems ahead, which has now been bourne out. Furthermore SAGEM, I think you will find in the Buyout document, Peter Hewitt did also mention that Wigmores own credibility could have an adverse effect on Blanchards trading accounts. What I think he probably failed to mention here, is that it may also have an adverse effect on clients, as you will probably agree, people want to be sure that a large contract can be financed, before it is awarded, and clearly, Wigmores current situation will not have helped that. Yes, they may have refinanced in recent times, at great cost to you the investor, but this by no means, means they are going to now suddenly make profits and the share price is going to go into hyperspace. Before this share price lifts, people are going to want to see good some positive results, but it is going to be some time, as we already know, that this year is not going to reach managenment expectation, because Peter Hewitt has already told us this in an RNS. So once again SAGEM - keep your mouth shut on your maybe's until you have some fact to back it up, and don't worry, if I hear anything good before you to make me think this is going to be a good recovery stock, I will let you know, right here, likewise, any info I find out to warn people against losing money, like they still would have in the last few weeks, I will continue to let you know that also. I am lead to believe there is something going on in the background, what I can't say because it would implicate others, and whether it will be good for the price, if it happens, that is difficult to say, time will tell. At present, I am happy to leave my £ 100 invested in Wigmore as a pure gamble, based on the hope that Wigmore becomes a cash shell, that a new management and new idea comes into the shell, but that is a 500/1 outsider, left as it is, the chance of this share even reaching 0.50p is a long and distant hope in my opinion only, but do your own reserach, and if you want to wait for the 1p, well, you would be better buying lottery tickets to make your fortune, and if you think your original 3p is acheivable, the stories that used to be on Jackonory have got more chance of becoming fact. At present, as of today, with the man that lost you 90% combined with his board of directors still in place, my current thoughts on this share remain firmly against buying, and you have to agree, that over the last few weeks, I have been right. You probably won't hear from me for a couple weeks now SAGEM, but it is not because I am keeping a low profile, it is beacuse in a couple weeks time I am going on holiday, so will be extremely busy pricing works for Blanchards competitiors before I go. Regards Paul |
Posted at 16/7/2004 15:51 by tiredoldbroker I think it's more likely that a senior market maker was off at the dentist or something, and widened the price before he left the office because he was leaving a trainee in charge for an hour, and wanted to be quite sure the youngster wasn't caught out in the absence of a real MM. No trades at the higher price and it looks to be back to unchanged on the day. No improvement on the bid price - and it's what you can sell at that decides whether or not you make a profit.psmith64 - what you have to remember about some of the posts on here is that they are either by people so daft that they don't read any of the prior history of the company, so they are posting in blissful ignorance; or they are from out and out rampers, hoping to lure naive punters into buying, so they can get out at a profit; or they are punting shares priced in fractions of a penny as an alternative to backing a lame 3-legged donkey to win the Grand National. As an old colleague of mine once said, "A horse only goes round once; shares go round again and again and again". But what he didn't add was that a 3-legged donkey is always going to be a 3-legged donkey. So to recap the facts: On 6.4.04, WGT's directors released figures for the year to 31 December 2003. They didn't suggest in any way that there was a crisis brewing; indeed, they said that everything "leads the Board to be confident in the future prospects of the Group for 2004." On 8.4.04 they announced that they'd stuffed the market with 22 million new shares at 2.25p to raise £0.495m before costs. Still no mention of a crisis looming. On 30.4.04 the boss of Speymill quit suddenly. On 19.5.04 the WGT Finance Director quit suddenly, after only a few weeks in the job. Still no admission of problems. On 28 May the shares were suspended, until on 4 June, they announced the first refinancing scheme and admitted that everything had gone to hell in a handcart. They cobbled together a deal with Square Mile which almost wiped out existing shareholders, had an EGM to approve it, then on 7 July came up with another scheme and had to grease Square Mile's palm to get them to ok it. So when the suggestion is made that WGT is going to be a massive success, just remember that under the continuing management - none of whom have resigned in shame or as an admission of failure - the FNPM subsidiary has been through one liquidation and still it seems it can't make a profit; Speymill has been bought for far too much money, and seems to make less now than before WGT bought it; the vendors of Blanchards have been stuffed, just before they retire, and will never see the value they thought they were getting for selling their company; that Blanchards has been damaged, maybe irreversibly, by apparently being unable to pay subbies and suppliers; and now the guy who started the game of pass-the-parcel with Speymill pops up as a major shareholder in WGT, and he doesn't have much of a reputation for making money for small investors (to put it mildly). So it is still a lame 3-legged donkey - one which will have 3 billion shares in issue, most of them chucked around at 0.1p, and the only people making money are EVBG who will carry on turning their loan in shares and flogging them to mugs for a 100% profit. Anyone who really thinks the shares are going to 1p must first explain how and why WGT would ever be worth £30m, which is what that price would mean. |
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