Watchstone Share Discussion Threads

[spectoacc] 30/8/2018 08:39

Agreed, but "in the price" to an extent - cash worth current market cap, at least one of the remaining businesses has value on top, and a further c.£1/share if/when the Slater & Gordon case goes the right way & escrow can be released.

Interesting to see the class action mooted in 2015 has basically gone nowhere.

[spectoacc] 28/8/2018 09:50

Only just noticed 1.3m went through in a single trade last Thursday (probably earlier) at 97.2p.

[spectoacc] 24/7/2018 16:20

All gone very quiet.

(@bbmsionlypostafter - those chins have been taken from shareholders).

[bbmsionlypostafter] 19/7/2018 13:50

Is he getting fatter? Looks like he's added a couple of chins.

Rob Terry appears in court over Quindell indemnity claim

[rogthepodge] 29/6/2018 13:33

hxxps://www.lawgazette.co.uk/practice/slater-and-gordon-fined-80k-over-quindell-file-sharing/5066683.article

personally, I can't see SGH claim succeeding v. WTG

they spent millions on due diligence

[spectoacc] 11/6/2018 13:55

Utterly pathetic, small change for both KPMG & the partner involved - and why the big discount on the actual fine imposed? Why should they pay much less for actually paying?

[bbmsionlypostafter] 11/6/2018 13:00

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KPMG fined £3.2m over work with Quindell

UK accounting watchdog says KPMG conduct ‘fell significantly short’ of standards

[spbcscw] 31/5/2018 23:06

Perhaps they've decided to sack the board who do f##k all year in year out apart from proudly acknowledging the success of losing a little bit less than they did last year. Oh, and we still draw a fat salary without giving any insight, leadership or direction for the forseeable future. Blame it all on the Rob Terry legacy blah blah blah. Why don't they grow a pair, resolve their differences with S&G or have the decency to resign and do something useful with their lives.

[spectoacc] 31/5/2018 16:18

Bit of interest today; any reason?

[rogthepodge] 30/4/2018 23:12

troll alert!

[kemche] 30/4/2018 22:19

FYI - I am averaging down at SGH and buying more here. You as well Nick?
How is Steamy these days?

[rogthepodge] 30/4/2018 22:02

I have made clear that I don't think SGH will get much of the escrow funds. What don't you understand, you foul-mouthed vulgarian?

[rogthepodge] 29/4/2018 16:21

why? if I don't think SGH will get the escrow funds.

Are you sure you are cut out to be an analyst 'Sweet Karolina'?

you don't seem very rational or logical

just rather unpleasant

[sweet karolina] 29/4/2018 14:52

Don't forget to buy some more SGH too rog / nicky

[owenski] 29/4/2018 14:01

Wow, what a cretin

[spectoacc] 29/4/2018 07:16

@Sweet - from WTG's defence to the claim, they (and I accept they would say this) seem convinced it's totally without merit - so what about the option of the claim being completely dismissed? I just can't see the directors rowing back from what they're currently saying, to say instead "Yeah, well, we've paid shareholder money to SGH to settle".

[spectoacc] 27/4/2018 08:47

Ah but they're reducing losses :)

Still all about the Slater claim - happy to hold them here.

[owenski] 27/4/2018 08:22

Pretty much a failing business propped up by a diminishing cash pile from a fraudulent sale of QPP assets.

What does Lord Howard actually do for his slice of the pie here?

[sweet karolina] 28/2/2018 18:11

Don't underestimate how much can disappear in fees in a solvent liquidation. However I agree, unless there are some nasty unforeseen surprises, breakeven is a worst case scenario.

[spectoacc] 27/2/2018 10:24

Picked up a few having watched ages without buying, having also missed much lower, but figure every day is a day closer to resolution, be it good or bad! Thanks for posts above.