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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 3476 to 3498 of 3575 messages
Chat Pages: 143  142  141  140  139  138  137  136  135  134  133  132  Older
DateSubjectAuthorDiscuss
11/2/2020
14:16
Slight issue for me is does the 195p cash indicate Ingenie has been losing money as was expecting 200p
hindsight
30/11/2019
10:46
hTtps://www.dailymail.co.uk/money/markets/article-7736625/Investors-Quindell-claiming-insurance-group-misled-stock-market.html
eezymunny
29/11/2019
17:53
Just read the RNS. Ahem..... of course they need more time as the board are soooooooo busy with all their other activities!
spbcscw
25/11/2019
09:53
Appreciated for sharing those notes - saves me quite a bit of time. They typically gun down the professional indemnity insurance of the directors. So it looks to me this could be "bought out" for a couple of £m - max.
actofwill
25/11/2019
09:04
Having trawled back through my notes and the news releases I am heartened to see the the letter of claim in 2015 that threatened action under the FS&MAct2000 was from 342 claimants amounting to £9.4m and importantly did not prevent court approval for the distribution back then. On that basis I have been topping up this morning as I see few other opportunities that are cash backed with a 30% kicker :)
the dark horse
22/11/2019
15:32
The trouble is the "suing class" is more likely to be previous shareholders who bought at the height and panic sold in the midst of the bruha that followed so they took a loss and are looking for someone to blame. Truth is they bought with greed in mind and got it wrong but by rattling the cage they might obtain a settlement they don't deserve. I think the SFO will be looking for a convenient way out with a fine that covers the cost of the investigation. If there had been anything serious it would have surely been acted on by now.
the dark horse
22/11/2019
15:21
Assuming the suing "class" consists mostly still of current shareholders it would be largely a wash, except for paying lawyers fees in the middle... so better off to drop it and just distribute the whole cash pile directly to shareholders? Any thoughts on the presumably ongoing SFO investigation?
actofwill
22/11/2019
13:54
All recent results have been accompanied by: There have been no further developments at this stage on the threatened class action litigation first announced in September 2015. Now there is money in the pot you can bet the solicitors will try and resurrect the class action and since we just agreed to pay S&G £11m for no good reason other than getting our hands on the remaining £39m now I worry how much we might have to pay these disaffected shareholders. Still feel its a buy now they've dropped back below 150 but it will take patience and unless the company is bid for the next distribution won't be the last and will therefore only return part of the 100m. So say 70m - So £1.50 in cash? the city reckon the rest is worthless/at risk/ but since its in for free who are we to argue!
the dark horse
22/11/2019
13:24
Happy to sit and wait - won't be the most exciting in the short term but worth it once it is all sorted and distribution agreed.
otemple3
22/11/2019
13:22
If the City are seemingly offering £20 notes for £15 there is generally a reason ;-) IMO there are two outstanding issues and it is unlikely that they will be allowed to make a distribution until they are settled: 1. SFO investigation 2. Shareholder actions - you may feel these are settled but the RNS did not say they were all settled, just the ones surrounding old friends! I am referring to potential class action suits that were started by disgruntled shareholders who bought at the peaks I personally don't feel either have merit but it doesn't alter the fact that limbo remains likely and the £5 discount is being offered for patience and the outside possibility that they have to settle an action and it costs £25m to avoid further lengthy delay. caveat emptor
the dark horse
22/11/2019
12:41
If estimates are correct and there's £2 a share of assets here surely there would be more buys
makinbuks
22/11/2019
10:36
Seems someone is continuing to sell but not seen an rns as to who
hindsight
05/11/2019
15:57
Drifting lower out of boredom
makinbuks
23/10/2019
10:52
See the RNS on 16th.
skinny
23/10/2019
09:30
Did they settle the shareholder disputes
strongbuy
23/10/2019
09:04
They will close it down ..... and hand out the cash.
squire007
21/10/2019
15:21
The question now is what the directors will propose to do with the cash. A buy back programme seems sensible enough to me. And paying 200p per share forthwith seems eminently sensible too.
simon cawkwell
21/10/2019
15:04
Beckers ... good call and don't forget Ingenie which must be worth another ~£12-15M
spbcscw
21/10/2019
13:58
apart from S&G lol
rogthepodge
21/10/2019
13:01
SIMON CAWKWELL Well done SIR you called this right-spot on-hope you made a bucket full. Can you give us a bit more info on how you come to 200p
loobrush
21/10/2019
12:25
Rog- I cannot recall a single thing he has called correctly. Certainly not here. Nor at S&G.
kemche
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
rogthepodge
21/10/2019
12:03
RT vindicated as being straight as the day is long. It woz TW wot done it.
kemche
Chat Pages: 143  142  141  140  139  138  137  136  135  134  133  132  Older
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