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Share Name Share Symbol Market Type Share ISIN Share Description
Watchstone Group Plc LSE:WTG London Ordinary Share GB00BYNBFN51 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 52.10 50.00 54.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 0.0 -1.2 16.7 3.1 24

Watchstone Share Discussion Threads

Showing 3526 to 3545 of 3550 messages
Chat Pages: 142  141  140  139  138  137  136  135  134  133  132  131  Older
DateSubjectAuthorDiscuss
27/4/2021
11:33
G, Looks like it. But you could get some capital returns in the future and you can still buy/sell on the new mechanism. I gained some useful info' over on Blueshare and sold out at 57.2p a while back for a very tidy profit and added to my AZN holding when they were clearly oversold. Good Luck.
beckers2008
27/4/2021
09:42
Looks like I should have sold when I said! :)
gurjit
30/3/2021
15:12
I agree with you and in the meantime we might get some excitement with a reverse takeover
makinbuks
29/3/2021
22:43
Thank you - that's all useful info.I have a relatively small remnant holding, so may be I will play the long game & add to my framed share certificates if necessary! ??
gurjit
29/3/2021
20:10
G, Shame about your delisted holding, not a good outcome. The WTG board have stated that capital returns will be carried out, if and when lawsuits are sucessful, currently I have no reason to dispute this as they (WTG) have delivered on their commitments. Fwiw, Imo, PWC will cough up out of court, try and read a copy of the 'Private Eye' article, insinuating PWC! Aviva still to get to court and HMRC will rebate overpaid VAT. I am following the II's and holding on. Good luck in whatever you decide.
beckers2008
29/3/2021
18:27
Thank you again.TBH I'm not sure that I still want to be left holding unlisted shares.I have a similar situation with another delisted company (Mapeley) which HAVE NOT been able to set up an effective trading system since they delisted more than a decade ago! No dividends, just a piece of paper which feels worthless! Whether they distribute any money from legal wins would depend upon the board I guess (although I accept it would be hard not to sanction this).I am thinking that I will have to offload WTG if nothing happens during the first half of next month.
gurjit
29/3/2021
14:36
P, Not sure of this applies if the reverse t/o happens pre 1st May? Is is possible that WTG is brought out?
beckers2008
29/3/2021
14:29
Beckers, the announcement on 2/11/2020 implys that the company would have to re-register by 1st May and therefore pay £6 mil. This being the case on any reverse takeover the £6 mil would still have to be paid
prokartace
29/3/2021
13:52
G, I believe if WTG does not get taken over and delists later this year, you will still have your shares and I believe WTG are obligated to form a trading mechanism, in layman's terms a matched buy/sell system. Any capital return from claims against Aviva, PWC, plus a circa £5m VAT refund claim from HMRC will I guess be paid to shareholders, either in a listed state or private.
beckers2008
29/3/2021
10:02
Thank you BYou seem to imply our money would not be lost if WTG is suspended / delists? Would our money not just be suspended in limbo with no way to sell shares (or would some sort of liquidation event happen with distribution of any cash)? If the latter, I'm not sure what would happen with any successful insurance claims!?Please explain why I should not sell now & take cash now (instead of hold shares in an unlisted / untraded stock)!Apologies in advance if I am missing something obvious.
gurjit
29/3/2021
09:50
G, You are correct. WTG are now a cash shell and any company that wants an AIM listing can carry out a reverse takeover of WTG and I believe will not have to pay the £6m listing fee. WTG have outstanding claims against Aviva in Canada and PWC in England which could be rich pickings for the suitor. If WTG delists which seems unlikely, shareholders will still benefit from capital returns which has so far amounted to £1.50 per share, post share dilution and capital return of 90p a few years ago. Nice little earner thank you very much!
beckers2008
29/3/2021
09:27
Would I be correct in saying that (as things stand) trading in these will be suspended on 1st May 2021 (as per announcement on 2nd Nov 2020)?
gurjit
01/2/2021
19:41
hindsight thank you. I met 'evil-knievil' back in the 80's when he was an accountant working from his home in St.John's Wood . What a character!
konradpuss
01/2/2021
08:59
https://masterinvestor.co.uk/evil-diaries/evil-knievil-i-might-make-good-money/
hindsight
31/1/2021
17:57
webbski949, I am a late here, however can you direct me to 'Evils recent post'? Thank you
konradpuss
18/12/2020
09:49
See Evils recent post.He thinks there is a good chance PWC will pay up
webbski1949
11/12/2020
10:13
Has anyone heard any updates on what is happening regarding the action against PWC. Also do you think we are likely to get another payout in the near future after the sale of Ingenie?
trevor1234
13/10/2020
17:32
bbmsionlypostafter ASOS closed today at £53.80 you are an expensive guru to follow!
rogthepodge
13/10/2020
17:14
Group cash at 25 September 2020 of GBP17.2m including amounts held in escrow (GBP2.0m) but excluding amounts included within assets held for sale Maximum of £5.5m for Ingenie So the market cap at c. £27m is a little ahead of itself albeint there are two court cases at least outstanding against major accountancy firms. Impressive tidy up operation by this management team
makinbuks
09/10/2020
10:06
Watchstone: sale of last operating business and WTG will become a cash shell. Investor's Champion comments that group cash at 25 September 2020 was £17.2m following a return of £18.4m to shareholders in July. The current market capitalisation of £29m implies there might be more to come to shareholders from outstanding litigation.
energeticbacker
Chat Pages: 142  141  140  139  138  137  136  135  134  133  132  131  Older
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