WFCA Plc Share Discussion Threads

[jefftwo] 14/9/2012 12:33

Its not BUY BUY
but
Bye Bye

This company completely lost its way when they merged with Ekay.
Ekay apart from one debt were succesful.Should have kept the Ekay board on imho
Still thats on reflection and in the meantime I will lick my wounds unless something spectacular happens at Porta

[bill-e] 21/8/2012 13:56

Strange!!! why sell now for 0.25 when agreed bid @ 21:1 works out at 0.33???

[viktormeerldrew] 17/8/2012 07:44

take-under

[acta_topup] 17/8/2012 07:02

Absolutely rubbish price for shareholders.

[jefftwo] 08/5/2012 17:22

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!!!!

[killman2] 08/5/2012 15:00

There must be a rumour that there is a rumour!

[greedfear] 08/5/2012 14:00

What's the rumour? lol

[killman2] 08/5/2012 13:48

Buy on rumours!

[jefftwo] 08/5/2012 12:13

Amazing jump of 35% so far this morning
Is something happening?
Cant find any news

[jefftwo] 23/4/2012 11:54

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.

[equitydealer007] 17/4/2012 22:36

Checkout PTCM and their RNs re Bob Morton's investment vehicle Hawk investments...buying into PTCM!!! also BM was the chairman of Incepta which was David wright success story as CEO at Incepta, whom is now the CEo of PTCM....are peeps starting to get the same feeling as I am right now? i suspect good things to come this year!

[killman2] 13/4/2012 13:56

Some good strong buys this week. Out of the ordinary so news coming?

[jefftwo] 21/2/2012 19:47

seems strange posting on this thread. However I was just looking at the most recent posting back in 2010.
The figure that hit me was the NAV of 7.2 million. The figure at present is in excess of 8 million.
The gross margin was less than the recent interims. They were just about to lose a major client when again according to the recent interims they have acquired a few smaller ones and lost nothing.
They had almost given up on an acquisition and now they have recently bought and are looking to buy again.
The market cap was over 6 million and today its 1.34 million.operational costs have been slashed.
The old CEO has departed and an experienced part-time one in place.
I already have a million shares in this stock at various prices and after convincing myself to write these comments I may add a few more before any gossip starts to kick around.

[jefftwo] 15/2/2012 17:51

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

[goodboke] 13/2/2012 15:54

Thanks Billie

[bill-e] 13/2/2012 12:28

I agree goodboke this does look good value.
As at 30 June 2011 intangibles ie goodwill =£8.5m which is covered by shareholder funds. Trading assets ie Cash/Debtors = £2.2m less creditors £1.8m =net assets £420k.
With a sound portfolio of "Blue Chip" clients who presumeably do due dilligence before commissioning contracts I believe the future looks good with a return to profitability this year.

[goodboke] 12/2/2012 17:56

Seems very good value.I See from results assets over 8 mill! Are the assets goodwill mainly or over 8 mill physical assets?Trying to work it out from results ?

[jefftwo] 10/2/2012 10:06

The key to this stock is threefold
Firstly we shouldnt read too much into the interims. It looks like the company is now sound and moving forward from a dangerous position
Secondly there isnt a great deal of stock around at present which means the trade buyers albeit interested will not come in.
The piece in the statement that interested me was that they are activly talking to/with acquisition targets and its on this point that I am excited.
I have added this morning taking my holding to 1m. and still believe based on their info that the rich pickings are not far away IMHO.

[zac_mo] 10/2/2012 08:21

They have turned it around...looks like a good stock to hold mcap of 1 mil

[olly2] 10/2/2012 07:20

well atleast its a profit...........

[jefftwo] 09/2/2012 19:45

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.

[almost] 09/2/2012 16:43

Surely this load of txxds is going straight back down again, once the ramping is over?

[zac_mo] 09/2/2012 15:35

Tken a few at 0.53