W.h. Ireland Share Discussion Threads

[noahstitanicarc] 26/3/2009 11:28

if that's what tickles your bubble :-

[whiterussians] 25/3/2009 16:10

my my

regulatory capital no longer there then? Dont they need this to do floats and fund raisings?

[andyh78] 25/3/2009 09:22

12 million overdraft, 5 million negative cash flow, oh dear.

[westcoastrich] 25/3/2009 09:19

Gower, Yes I have heard that also, it was an offshore entity that took placing stock....looked dodgy


Going Concern

In the judgement of the Directors there is a more than reasonable expectation that the Group has adequate resources to continue to trade for the foreseeable future and thus they continue to adopt the going concern basis in preparing the financial information. As with many companies in the current economic environment, the directors acknowledge that there is uncertainty arising from the risk of further deterioration in the market environment and associated declines in trading volumes and corporate finance activity. The uncertainty described above may cast doubt on the Group's ability to meet its regulatory capital requirements and therefore its ability to continue as a going concern. The going concern basis of preparation is discussed in the basis of preparation section of the financial information.




Dont be too sure m8. The asset impairment reported today may impinge on regulatory capital adequacy requirements. Balance sheet looks very much weaker than a year ago, still need to shed expensive people which will cost dough.

[whiterussians] 24/9/2008 16:34

their research is awful

[gowermonkey] 12/9/2008 12:26

Big derivatives loss is the rumour ,company in turmoil is the rumour,key staff walking is the rumour .

[gowermonkey] 24/7/2008 14:47

I hear that the contracts of some of the half comm big hitters that make this mob a load of cash are near and end.These guys go and there is hell to play. I expect they are being eyed by others and it will be interesting to see if they stay.

Rationalisation needed and a new managment throughout in my view

[andyh78] 27/6/2008 13:06

I see they still haven't appointed an FD.
Last I heard the golden boy who hasn't worked in Finance for over 15 years was acting as FD and MD and chief cook and bottle washer.

[fillipe] 30/5/2008 21:43

Seems to me that there is quite a strong new "consortium" now in place at WHI. Presumably they have some sort of plan and perhaps, although the recent deals looked on the surface to be a cheap sale, maybe it could be the start of something good for all???

I'm sorry that I didn't book a very healthy profit on the two recent opportunities but hopefully there might be a decent ride to come?

I think that only about 20% of the shares are not held by the dirs/instis - need to check that when the dust has settled.

Incidentally, I notice that PGC today took their bat home and appointed a new Nomad/Broker (Arbuthnot) - having WHI didn't seem to get them very far as regards share price performance goes, despite being a bit of a gem

[gowermonkey] 28/4/2008 16:37

Well said Sky . They (the incompetant limpets) are making a pigs ear of it.They couldnt give a monkeys about shareholders in my opinion, save that THEY are holders.As one of the board once said "this company is everyman for himself".

So Beavers and Youngman sell out over 1 1/4 million of their own shares at 100p . They then tell us that Blue Oar deal isnt good enough for shareholders !!!!

So gentlemen for your own personal fear or greed you sell at 100p ,clearly a fair price for your shares or you wouldnt have sold them.Are we therefore to believe that the BO offer was less than 100p and that if the price at which you sold WAS offered you d take it?

Clearly a right mess particularly when the price is 113p


What a farce.The market know what this is really worth and price it accordingly at a big discount to real stockbrokers ...IMHO ,dyor

[skyracer] 25/4/2008 09:40

" does not believe its outline proposal to be in the best interests of shareholders. "

You mean not in the best interest of Directors. You know, I got out during the last "talks". We now know those talks were very certainly in the best interest of shareholders. Same will happen again. Lost all confidence in these incompetent limpets.

[onlyonestorm] 21/4/2008 11:27

Early days yet!!!

Stormy

[deadly] 21/4/2008 11:22

The bid is announced. But this is worth much more than 130p - should be nearer 200p

[3800] 20/4/2008 18:33

Hi jon thanks for the link I just hope there is going to be some free and fair competition if it comes to a take over bid.
3800

[3800] 19/4/2008 20:11

It's all gone quiet on this board since the takeover talks ended, can anyone enlighten me as to what is going on here? I have just read this report of the AGM It all sounds rather bizare I would like to think that all current shareholders are not going to get shafted over this.
3800

[mathisvale] 17/4/2008 00:49

Peach - your letter contains several good points, which I think need answering. I will be very interested to hear the reply if and when you get one.

Incidentally, I think your chances of getting a reply might have been improved if you had started 'Dear Sir David', rather than 'Dear MR Trippier'. Just a thought.