Watermark Share Discussion Threads

[mrphil] 21/2/2007 11:58

Been watching these for a while and jumped on board with a few this morning but I see the trade hasn't appeared yet on the advfn screen, 5000 @ 26.5p

[chicken] 16/2/2007 14:19

A few buys today and we see some upwards movement - could be recovery play of the year imo.

[chicken] 15/2/2007 14:40

Now AXA have sold their entire holding these will start moving up HSBC possibly increased their stake again we should know shortly.

[damanko] 09/2/2007 15:06

Last post..... from SEC accounts dated September 2006. They state that their holding in WMK cost £6,102,000, and valued at £6,068,000 (at 18th September 2006). Elsewhere in the +3% disclosure table they state that the holding in Watermark represents 11.44% of WMK.

[damanko] 09/2/2007 14:07

Also from SEC results:

Portfolio analysis
The investment portfolio is predominantly focused on small and medium sized
companies with market capitalisations ranging from approximately £12 million to
£500 million.

No detail of the SEC holding in Watermark, as it is not one of their top 10 holdings. Will investigate further, as SEC is basically part of SVG, safe to assume it is all wrapped up in that holding. As we know SVG has a decent reputation, they seem to have a lot of confidence in WMK turning things around.

[damanko] 09/2/2007 14:01

This taken from Strategic Equity Capital (SEC, 70 million pound investment trust, part of the SVG stable) results, out a couple of days ago. Will look up their holding and paste further soon (if this has already been covered/mentioned previously, my apologies):

Watermark Group has seen its share price fall significantly following the
termination of takeover talks and a subsequent profits warning. Following this
there has been a change of management and we believe that there is considerable
upside in the shares should the performance of the business be restored. In
order to oversee this process, since the period-end, Graham Bird, a fund
manager of SVG's Public Equity Team, has been appointed to Watermark's board as
a non-executive Director.

[chicken] 09/2/2007 11:36

Been watching Watermark for a long time and feel the worst is now over, only one way from here - positive news flow and we could see some serious upside.

Today HSBC increased their holding to 16% and i believe at these levels WMK are a good recovery play and obvious takeover target.

[chicken] 09/2/2007 11:01

HSBC have notified this morning they have increased their holding to 16% up from 6%!

9 February 2007


Watermark Group plc (the "Company")

Disclosure of Interest


Watermark Group plc has received notification that SVG Investment Managers
Limited have a notifiable interest of 7,183,000 ordinary 1p shares in the
Company, which represents 16.11% of the issued share capital of the Company. The
shares are held in the name of HSBC Bank plc.

[spaceparallax] 09/2/2007 10:02

Good luck remaining/entering investors - share price doing well despite today's IC maintaining a Sell stance.

NJP,

I think it was 109p when I exited - down from my 127p entry. Not that long since it was being courted by many, but then the bad news continued to drip.

[chicken] 09/2/2007 09:53

Im in only one way from here - up!

[njp] 09/2/2007 01:09

Space

I guess you and I reacted at the same time. Sold mine at 108p and 111p. Did briefly wonder whether I'd made a mistake, but not for long and happier to watch from the sidelines.

Still on the monitor, though I haven't kept more than half an eye on it.

Sorry for those still in and hope it can recover. It did have a reputation as a well run business once and I'll certainly take an interest if it looks odds on for a recovery.

Intrigued by the SVG interest and well aware of the money to be made in recovery stories - witness RNO and such.

[Abuse team] 08/2/2007 11:00

Post removed by ADVFN

[nickcduk] 08/2/2007 10:37

Im in at 22p and 25p from a couple of days ago. I think the decks have been cleared and that next year will see a sharp turnaround in fortunes. SVG will steer the ship in the right direction and may even fancy taking a pop at it once they have sorted out the operational problems.

[blobby] 07/2/2007 17:05

I disagree... 3.5m changed hands IMO. However price was 20p which may mean further falls.

[1ocnik] 07/2/2007 16:51

7m dumped....Not good...;-(

[churchtower] 02/2/2007 15:56

I got out some time ago, but I often look in on this thread as I too am waiting for the decline to end. However it is still too early. Incidentally if the reverse is true have a look at Dyson Group (DYS) where AXA have been adding substantially over the last few weeks. The chart looks much more favourable too.

[vmjmurphy] 01/2/2007 17:17

I had considered 'bottom fishing' here since the share price really seems to have fallen too low. WMK has had its problems in 2006 but this is still a profitable business. The market ALWAYS over-reacts and this can create opportunities. Short term, If AXA keep dumping, and it looks as if they well might, there is likely to be a further decline - creating an even better opportunity in due course. Hard to see why anyone would get on board while AXA are offloading and depressing the share price But once they've fininshed it's a different story IMHO ...

[chicken] 01/2/2007 15:07

My money is on AXA dumping again.

[chicken] 26/1/2007 15:23

Looks like AXA want to be out and quickly!

For immediate release: 26 January 2007



Watermark Group plc (the "Company")

Disclosure of Interests


Watermark Group plc has received notification from AXA Investment Managers UK
Ltd that AXA S.A and its Group Companies (whose registered holders include AXA
Framlington, Throgmorton Trust; AXA Framlington, Framlington Innovative Growth;
AXA Framlington, UK Smaller Companies; Sun Life Pensions Management; AXA
Framlington Xerox Pension Scheme; AXA Framlington Islington Pension Scheme and
AXA Framlington SEI UK Equity) have a notifiable interest in 4,723,880 ordinary
1p shares ("Shares") in the Company, representing approximately 10.60% of the
Company's issued ordinary shares. This interest comprises a beneficial interest
in 2,562,615 Shares (5.75%), and a non-beneficial interest in 2,161,265 Shares
(4.58%).

[chicken] 25/1/2007 11:41

AXA have started dumping shares!

For immediate release: 25 January 2007



Watermark Group plc (the "Company")

Disclosure of Interests


Watermark Group plc has received notification from AXA Investment Managers UK
Ltd that AXA S.A and its Group Companies (whose registered holders include AXA
Framlington, Throgmorton Trust; AXA Framlington, Framlington Innovative Growth;
AXA Framlington, UK Smaller Companies) have a notifiable interest in 5,120,771
ordinary 1p shares ("Shares") in the Company, representing approximately 11.49%
of the Company's issued ordinary shares. This interest comprises a beneficial
interest in 2,647,904 Shares (5.94%), and a non-beneficial interest in 2,472,867
Shares (5.55%).

[chicken] 24/1/2007 09:12

Its all gone quiet over here?

Last year results announced 31st march. Suspension looming?