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Share Name | Share Symbol | Market | Stock Type |
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Wfca | WFCA | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.50 | 0.50 |
Top Posts |
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Posted at 08/5/2012 16:22 by jefftwo The rumour seems to have arisen when Bob Morton (Hawk Investments bought into Porta Communications unofficially 2 weeks ago but officially according to Honest Bob back end of last year.Todays announcement mentioned one of the acquisition targets of Porta Communications was an Advertising and Media buying company. The rumour or question is Could it be WFCA? DYOR!!!! |
Posted at 23/4/2012 10:54 by jefftwo I did notice a similar comment on another site.It has gone very quite on the WFCA site since they supposedly borrowed £300,000 from Hawk Investments (bob morton) and in a similar fashion he has done a similar deal with PTCM. Wright and Morton are well connected and probably even greater pals now since the MSQ fiasco. I wouldnt be at all surprised if the two companies came together in a share deal. This would be good news for all parties and a way out of WFCA for Bob Morton. I also suspect good things will come from this stock in the short to medium term. |
Posted at 15/2/2012 17:51 by jefftwo It was only a week ago that a mini hysteria broke out over this stock.The interims were ok in that they made a slight profit after a write back. The key in my opinion was the confident talk about an acquisition and with serial investor Bob Morton at the helm he doesnt often give false information. Additionally I have been reading back reports over the past few years and the latest is the most confident since WFCA merged with Ekay back in 2008. The share price has slipped back to 0.30 with the buying price at around 0.28 An undervalued share and plenty available to the small investor IMHO I will Keep hold of mine the majority of which I have bought in the last 2 weeks |
Posted at 09/2/2012 19:45 by jefftwo Bob Morton not only bought at 1p last year but also at 2p year before and 6p on the reverse with Ekay.The company seemed on a slippery slope when Wfca joined with Ekay (and by the way I bought at 6p after following Bob Morton) today i could only get just over 300k. On the Morton front he is always up to something and has not invested a few million into a stock for nothing. I would imagine either a reasonable client win or an acquisition is on the horizon. Decent interims will be a bonus. I did notice a few people cashing in their purchases earlier.IMHO they must be mad as I can see this stock rise to somewhere north of 1p fairly quickly. Will be joining the ration que in the morning. |
Posted at 09/9/2011 23:06 by schrodingers_cat WFCA Plc (AIM: WFCA.L) announces today that, following the expiry of his sabbatical leave as notified to shareholders in the Company's interim statement, Michael Richards has decided not to return to his position as Group Chief Executive Officer and has now left the Group. The board would like to extend its thanks to Michael for his considerable contribution to the development of WFCA and wishes him every success in the future. shocking... Knowing - 16 Jun'11 - 16:03 - 4 of 16 Up to 150K available at 0.64 over that then it's 0.8 |
Posted at 16/6/2011 13:35 by knowing Major ShareholdersAs at 23 July 2010, shareholders holding more than 3% of the share capital of WFCA Plc were: Michael John Richards 41% Southwind Ltd 16% Pershing Nominees 14% Edward Kenneth Powell 13% Herald Inv Management 6% Rodger Gordon Braidwood 5% Shares not in public hands Insofar as it is aware, the percentage of shares not in public hands as at 23 July 2010 was 79.7%. |
Posted at 16/6/2011 13:33 by knowing Web site - Some of our clients |
Posted at 06/9/2010 12:24 by standtall DJ WFCA FY10 Pretax Profit +42%, Sees FY11 Below Market Views LONDON (Dow Jones)--WFCA PLC (WFCA.LN), a regional advertising and marketing agency, Monday reported a 42% rise in fiscal 2010 pretax profit and warned that it expects a challenging trading year ahead but still remain profitable, although it is likely that profit will fall below current market expectations. MAIN FACTS: -Revenue for year ended June 30 GBP26.46 million (2009: GBP33.39 million. -Profit before tax, exceptional items and discontinued operations GBP802,738 (2009: GBP750,113). -Pretax profit GBP677,149 (2009: GBP477,649) -Diluted EPS 0.19 pence (2009: 0.36 pence) -Net assets increased to GBP7.8 million.(2009: GBP7.2 million). -Gross margin increased to 18.7%, from 18.1%. -Strategic growth through acquisition has been deferred; Continues to pursue opportunities as they arise and it remains a corporate objective to develop the Group moving forward. -Directors don't consider it prudent to recommend the payment of a dividend. -Anticipates the loss of a significant client in the second quarter of the new financial year which will necessitate further cost restructuring to mitigate the associated income loss. -Board remain positive about the future prospects of the Group. -Shares at 1220 GMT up 0.63 pence, or 39%, at 2.25 pence valuing the company at GBP6.04 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones. (END) Dow Jones Newswires September 06, 2010 08:23 ET (12:23 GMT) Copyright (c) 2010 Dow Jones & Company, Inc. |
Posted at 06/9/2010 12:11 by standtall DJ WFCA PLC Final Results TIDMWFCA RNS Number : 2151S WFCA PLC 06 September 2010 WFCA plc ("WFCA", the"Company" or the "Group") AUDITED RESULTS FOR THE YEAR ENDED 30 June 2010 WFCA plc (AIM: WFCA.L), a leading regional advertising and marketing agency, today announces its final results for the year ended ended 30 June 2010 Highlights - Net profit before tax, exceptional items and discontinued operations of GBP802,738 (2009: GBP750,113). - Net assets of the Group have increased to GBP7.8 million.(2009: GBP7.2 million). - gross margin has been increased from 18.1% to 18.7%. Further enquiries: WFCA plc Stephen Latter, Financial Director Tel: 01892 511 085 Daniel Stewart & Company plc Oliver Rigby/James Felix Tel: 020 7776 6550 Chairman's and Chief Executive's Statement for the year ended 30th June 2010 Business Review & Summary We are pleased to announce that, for the year ended 30th June 2010 and despite the on-going challenging market place, WFCA has delivered a net profit before tax, exceptional items and discontinued operations of GBP802,738 which represents a 7% increase on the previous year's profit of GBP750,113. This performance is particularly pleasing as it has been achieved against a background of a GBP1,104,120 reduction in gross profit and is therefore primarily the result of careful internal cost management. We are mindful however that the company needs to win new accounts and are pleased that the current pipeline of opportunities remains buoyant. The new business environment remains challenging but we are pleased to say that we won a series of new accounts including Zip, Codorniu Wines, Kent International Airport, Dream Doors and Caravan Club. We have also continued to be successful in winning awards for the quality of our advertising. Dream Doors won two honours for 'Best Print Advert' and 'Best Overall Marketing Campaign' at this year's Franchise Marketing Awards and Yazoo followed its gold at the 2009 Fresh Awards with further success at the Roses in the category for best 30-second TV commercial. As part of streamlining administration to achieve optimum control, we critically evaluated all internal processes and costs during the year. While ISO 9001 was not the prime reason for embarking upon this exercise, we are pleased to announce that we subsequently invited the British Assessment Bureau to audit our systems and were awarded ISO 9001 accreditation in March 2010. The review was crucial to achieving the increase in operating margin referred to in the financial summary below and the company intends to review its processes annually to maintain optimum operational efficiency. The on-going credit restrictions within the market generally and the desire to improve the Group's working capital position, has meant that strategic growth through acquisition has been deferred. However, we continue to pursue opportunities as they arise and it remains a corporate objective to develop the Group moving forward. In a very challenging market place we would like to thank all our staff for their unfailing support and commitment to the company. Financial Summary Our results have been the reward for very tight internal control during a period of depressed marketing budgets. Despite the decrease in gross profit referred to above, gross margin has been increased from 18.1% to 18.7% reflecting the Group strategy to move upstream and into higher margin services. The operating margin has been increased from 14.5% to 17.1%. The net assets of the Group have increased by GBP641,200 to GBP7.8 million. In reaction to the significant client loss in December 2009, the Group immediately restructured its cost base to minimise the adverse affect and consequently there was only a marginal impact on profitability. The exceptional cost of GBP125,589 reported in the accounts reflects the cost of associated staff redundancies. The GBP46,526 profit from discontinued operations arose from the write back of all provisions connected with the cessation of the Group's Channel Islands division in 2008. Over the last two years the company has looked to improve the Group's working capital and we are pleased that good progress has been made. While some of this improvement arose from the inward investment reported in the 2009 statement, much has arisen from the cash generated from the Group's profitability. As part of this process, the banking facilities of the Group have been restructured to create GBP700,000 of Long Term Debt The directors do not consider it prudent to recommend the payment of a dividend from the reported year's profits. The delivery of profit in the year reveals a shift of emphasis from the first half of the financial year to a more even distribution. This change is expected to accelerate into the new financial year as the client base becomes less reliant on Autumn and Christmas marketing budgets. Outlook Client marketing budgets continue to be depressed with few of our clients expecting to increase their marketing expenditure in the next financial year. Also, we anticipate the loss of a significant client in the second quarter of the new financial year which will necessitate further cost restructuring to mitigate the associated income loss. We therefore expect a challenging trading year ahead but with the board's commitment to react to changing conditions we still expect to remain profitable, although it is likely that profits will fall below current market expectations. Despite this the board remain positive about the future prospects of the Group. Michael Richards Chief Executive Group Income Statement For the Year Ended 30th June 2010 +------------------- | | | | | Year | Year | | | | | | ended | ended | +------------------- | | | | | 30th | 30th | | | | | | June | June | +------------------- | | | Before |Exceptional | 2010 | 2009 | | | | Exceptional | | | | +------------------- | | | Items | Items | Total | Total | +------------------- | |Notes | GBP | GBP | GBP | GBP | +------------------- | Revenue | 1 | 26,458,225 | - | 26,458,225 | 33,387,852 | +------------------- | Direct costs | | (21,504,575) | - | (21,504,575) | (27,330,082) | +------------------- | | | | | | | +------------------- | Gross profit | | 4,953,650 | - | 4,953,650 | 6,057,770 | +------------------- | Other operating | 2 | 6,513 | - | 6,513 | 8,700 | | income | | | | | | +------------------- | | | | | | | +------------------- | | | | | | | +------------------- | Operating costs | | (4,015,484) | (125,589) | (4,141,073) | (5,353,464) | | before share option | | | | | | | charge | | | | | | +------------------- | Share option charge | | (7,600) | - | (7,600) | (14,100) | +------------------- | | | | | | | +------------------- | Total operating | 3 | (4,023,084) | (125,589) | (4,148,673) | (5,367,564) | | costs | | | | | | +------------------- | Depreciation | | (90,561) | - | (90,561) | (95,210) | +------------------- | | | | | | | +------------------- | Total operating | | 846,518 | (125,589) | 720,929 | 603,696 | | profit | | | | | | (MORE TO FOLLOW) Dow Jones Newswires 06-09-10 1210GMT +------------------- | Net finance cost | 7 | (43,780) | - | (43,780) | (126,047) | +------------------- | | | | | | | +------------------- | Profit before | | 802,738 | (125,589) | 677,149 | 477,649 | | taxation | | | | | | +------------------- | | | | | | | +------------------- | Income tax charge | 8 | (167,676) | - | (167,676) | (128,123) | +------------------- | | | | | | | +------------------- | Profit before | | 635,062 | (125,589) | 509,473 | 349,526 | | Discontinued | | | | | | | Operations | | | | | | +------------------- | | | | | | | +------------------- | Profit from | 10 | 46,526 | - | 46,526 | 265,093 | | Discontinued | | | | | | | Operations | | | | | | +------------------- | | | | | | | +------------------- | Profit for the year | | | | | | | attributable | | | | | | +------------------- | to equity holders | | 681,588 | (125,589) | 555,999 | 614,619 | | of the parent | | | | | | +------------------- | | | | | | | +------------------- | Earnings per share | | | | | | +------------------- | | | | | | | +------------------- | Basic earnings per | 15 | | | 0.21p | 0.37p | | share | | | | | | +------------------- | Diluted earnings | 15 | | | 0.19p | 0.36p | | per share | | | | | | +------------------- No Group Statement of Comprehensive Income has been prepared because there were no material gains or losses for the year other than those recognised in the Income Statement. Group and Company Balance Sheets At 30th June 2010 +------------------- | | | Group | Company | +------------------- | | | As at | As at | As at | As at | +------------------- | | | 30th | 30th | 30th | 30th | | | | June | June | June | June | +------------------- | | | 2010 | 2009 | 2010 | 2009 | +------------------- | |Notes | GBP | GBP | GBP | GBP | +------------------- | Assets | | | | | | +------------------- | Non-current assets | | | | | | +------------------- | Property, plant and | 9 | 143,517 | 291,135 | - | 156,341 | | equipment | | | | | | +------------------- | Goodwill | 10 | 8,497,909 | 8,497,907 | - | - | +------------------- | Investments in | 10 | - | - | 10,100,509 | 10,100,509 | | subsidiaries | | | | | | +------------------- | Corporate income tax | 11 | 420,716 | 541,764 | 420,716 | 541,764 | | recoverable | | | | | | +------------------- | | | | | | | +------------------- | | | 9,062,142 | 9,330,806 | 10,521,225 | 10,798,614 | +------------------- | | | | | | | +------------------- | Current Assets | | | | | | +------------------- | Trade and other | 11 | 2,417,987 | 3,162,676 | 847,018 | 565,181 | | receivables | | | | | | +------------------- | Cash and short term | 12 | 105,719 | 80,917 | 2,359 | 8,753 | | deposits | | | | | | +------------------- | Assets held for sale | 9 | 190,000 | - | 190,000 | - | +------------------- | | | 2,713,706 | 3,243,593 | 1,039,377 | 573,934 | +------------------- | | | | | | | +------------------- | Total Assets | | 11,775,848 | 12,574,399 | 11,560,602 | 11,372,548 | +------------------- | | | | | | | +------------------- | Equity and Liabilities | | | | | | +------------------- | Share capital | 14 | 2,684,660 | 2,657,809 | 2,684,660 | 2,657,809 | +------------------- |