Watermark Global Share Discussion Threads

[moreforus] 28/9/2012 08:24

pmsl Howie Wowie

LONG is worth 1.5p and you are buying at 3p!!

this is worth 0.40....

do the math!

[moreforus] 28/9/2012 08:24

ta Richmond ..anything on that 60 mill sale

[richmond5] 28/9/2012 08:23

P+L you have had interims now wait for the news!

[moreforus] 28/9/2012 08:23

Peas its not going to re rate in a blink from 0.10 to 0.40 not in this market - the market is distressed but the company quite clearly isnt it.

However its slightly better news than JJB AAT HIBU with no value for shareholders and people buying in droves.

[cufes2] 28/9/2012 08:21

Peas_n_love

Out of interest did you get an answer from moreforus . . .

Peas_n_love 23 Jul'12 - 16:02 - 26 of 50

M4, you are being unusually quiet, I need to know about this accusation of you creating a false RNS - can you please give us your side of things?

[scientologyweirdo] 28/9/2012 08:18

I don't think the market will fall for accounting wheezes and related party transactions like mug punters do.

[peas_n_love] 28/9/2012 08:14

What are we all missing here? Is there something none of us have thought about ( or know ) that keeps holding the price at such pathetically low levels ? How is this happening....and why ?

[moreforus] 28/9/2012 08:13

lol peas - and most of them were sales too

[gb234] 28/9/2012 08:13

Bid 0.6p and folk are buying at 0.13p,wow and I thought I gambled on shares but compared to buyers here I am a very very cautious investor! :)

[peas_n_love] 28/9/2012 08:11

No trades since 8:04.is that it ? That's the best we can do......boy am I disappointed

[moreforus] 28/9/2012 08:08

The Company's assets now comprise largely listed investments and cash or cash equivalents. At 30 June 2012 they were more than GBP5.0 million or 0.33 pence per share. The Company's net asset value is significantly greater than the Company's share price even without adjusting for the current market price of MRI (which would make the net asset value nearer to 0.4 pence per share) and we are working to achieve a share price that more accurately reflects the value of the Company.

[ertugrul] 28/9/2012 08:01

Good opening 0.20 is on card

[vivgav] 28/9/2012 07:57

marked up....silly valuation.

[ertugrul] 28/9/2012 07:57

Pre open 11 - 13

[scientologyweirdo] 28/9/2012 07:56

Oh dear. Down to single figure micropennies today ?

I don't think the Market is going to 'buy' accounting wheezes and related party transactions.

[ertugrul] 28/9/2012 07:15

This is simply 4 times undervalued

[moreforus] 28/9/2012 07:09

Well guys we all did say.....


The Company's assets now comprise largely listed investments and cash or cash equivalents. At 30 June 2012 they were more than GBP5.0 million or 0.33 pence per share. The Company's net asset value is significantly greater than the Company's share price even without adjusting for the current market price of MRI (which would make the net asset value nearer to 0.4 pence per share) and we are working to achieve a share price that more accurately reflects the value of the Company.

[fatfish] 28/9/2012 07:06

not a bad rns and we should be valued at .4p and plenty of cash in the bank.

[ceo_illuminati] 27/9/2012 22:11

Edited again.....

[ertugrul] 27/9/2012 19:38

Buy signal given todayhttp://www.britishbulls.com/StockPage.asp?CompanyTicker=WET&MarketTicker=Utilities&TYP=S

[moreforus] 27/9/2012 16:27

that'd be a first....

very interesting thanks!

[ertugrul] 27/9/2012 16:25

interims coming tomorrow.

i am also expecting some broker report after the interims... which can confirm how WET is undervalued at current share price