Watchstone Share Discussion Threads

[rogthepodge] 21/10/2019 12:11

it was T.W. that wrote time after time that the SFO had a sure fire case!
Now tell me the few things he has got right
won't take long
he is a very prolific scribbler, bound to get one or two calls right

[kemche] 21/10/2019 12:03

RT vindicated as being straight as the day is long. It woz TW wot done it.

[rogthepodge] 21/10/2019 11:49

yes! surely if the SFO had a case it would have brought it by now. Even more red faces at Share Prophets and particularly T.W.!

[beckers2008] 21/10/2019 11:40

With the Escrow release of £39m and with the bonus of not going through the courts to get it, WTG has roughly £77m cash in the bank plus the proceeds of the sale of its Canadian healthcare services business for about GBP22.3 million so just shy of £100m cash which is around £2.15 per share!

As reported on Morningstar the current market cap is £55m!

A fair way to go yet, plus no doubt the SFO will finally drop their case after years of messing around.

Congratulations to all shareholders, well done for hanging on and for those that topped up through the summer months.

[leadersoffice] 21/10/2019 11:37

Who gives a toss about share prophets...live by the sword, die by the sword.

[kemche] 21/10/2019 11:02

I continue to average down here and at S&G.

[kemche] 21/10/2019 11:01

"rog" - totally. There must be some red faces there eh? Called it totally wrong - how embarrassing!

[rogthepodge] 21/10/2019 10:20

Rather embarrassing for 'sweetkarolina' and the Share Prophets crew

[kemche] 21/10/2019 09:29

I think the directors will need to award themselves some bonuses first. It's only fair after all.

[leadersoffice] 21/10/2019 08:49

I hope the board decide to do return some of the cash to long suffering shareholders who have been through it.

[spectoacc] 21/10/2019 08:48

Not sure on tax implications, director dipping implications, working capital needs etc. What we need is a clear "returning £X to shareholders" RNS.

[eezymunny] 21/10/2019 08:47

I'd love these 200+p/share people to show sums of how they got there. I get a significantly lower number.

[cheek212] 21/10/2019 08:43

Should be worth over £2 per share now with known cash in hand, escrow money and sale proceeds from Canadian business due imminently. Still got the Ingenie business and I haven't added a value for this. Probably nearer £2.50 when all included. Still some way to go yet.

[owenga] 21/10/2019 07:41

It will allow people to sell out on heavy volume too.

[simon cawkwell] 21/10/2019 07:27

Gentlemen,

I am not sure where this goes on today's news. But 200p is not impossible....

Simon Cawkwell

[cheek212] 21/10/2019 07:20

Gonna be a big blue day today

[leadersoffice] 21/10/2019 07:10

Both sides agree truce. Money to be released from escrow with 11 million being paid to slater & Gordon. We keep the rest.

[kemche] 17/9/2019 22:41

Nick, Let us know when you do too!

[rogthepodge] 17/9/2019 20:37

'kemche' let us know when you sell!

[bdbd11] 17/9/2019 19:53

By my calculations, there are 6 institutions that between them hold nearly 85% of the shares in issue, the largest holding 28%. I would imagine they have paid close attention to the legal case and are confident of a favourable outcome, having spent the last few years hoovering up shares from disenchanted QPP holders.

[kemche] 04/9/2019 13:45

I continue to average down - along with steamy and Nicky and the boys at Blueshare.