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WDC Widecells Group Plc

0.285
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Widecells Group Plc LSE:WDC London Ordinary Share GB00BD060S65 ORD GBP0.0025
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.285 0.28 0.29 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Widecells Share Discussion Threads

Showing 226 to 248 of 18550 messages
Chat Pages: Latest  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
04/7/2018
11:29
Its a gravy train nothing more.
pictureframe
01/7/2018
17:47
Bunch of clowns but despite that there should be some big cash inflows from new contracts very soon.
imjustdandy
28/6/2018
22:44
On those salaries that money has been recouped already.

Maybe they have a lot of meetings.

rampair
28/6/2018
22:28
Lopes Gill (chief "operating" officer of a company with no operations) who is based in Lisbon took £125,000 out of this company last year, Joao Andrade took out £165,000. Yet in this latest funding round they put in less than £20,000 between the two of them. They both doubled their salaries from 2016, and took company cars, at a time when the company was getting into serious financial difficulties. In other words, they are milking the company and its shareholders.
iphone8
26/6/2018
17:23
There seem to be two of them sitting in Portugal on rather large salary, bonus and option packages, even though there is no business in Portugal (or anywhere else for that matter)
nohead
25/6/2018
21:18
After a few years you could reward yourself quite well if you’d built your business, your share price would respond.
rampair
25/6/2018
21:12
To be honest, loss making in Portugal or
Brazil / means you have no business quickly!
People work very long hours for low returns.
This business should employ a number of staff working the Social media sites,
Netmums, really working private clinics
- Portugal does very good trade healthwise
from old Colonials, and the wealthy Angolans, Macau,ETC
Build yourself a big company annuity of recurring revenues and it could be a cracking business.

R.

rampair
25/6/2018
13:50
Nohead,

I can answer that for you.

He would receive an old car to drive in, have reasonable lunches every day, and about E 1.000 monthly in salary for his private expenses. The rest would be in options.

However some Portuguese still think they rule the world.
Time for a wake up call perhaps?
MM

moreminer
25/6/2018
13:30
Rampir, how much would the CEO of a small loss-making company in Portugal expect to be reasonably paid by shareholders?
nohead
24/6/2018
16:57
It would be a great error on behalf of the management to continue this business in the way it was.
Overheads except to revenue generation is simply not acceptable & indeed it will result in the company grinding to a halt again.
I wonder just how much actual cash is left after the overdraft and Directors loans are repaid.
It’s a good idea, but it’s a good idea to run it economically, existing clients with
Cord blood frozen also need assurance that it is going to still be around in 10/20yrs
if needed.
I would love to see the company succeed.

R.

rampair
22/6/2018
11:39
No chance of cut backs its another AIM gravy train.
pictureframe
21/6/2018
19:51
Investors in the latest round should demand that the company gets its admin costs for the next 12 months down to £500,000 max. This means ditching everything but minimum legal costs, most service providers and most salaries, until this company is on its feet.
nohead
21/6/2018
19:43
Too right Rampair. All the company's corporate services can be out-sourced. The CEO should be on sweat equity only, no comment on the CFO. If Wide Academy is not washing its face, then it should be mothballed for a couple of years. The only people being paid in this company should be front-line sales, and most of that should be commission-based. This large corporate over-head is nonsense. It is not surprising that the market has marked the stock down to the value of its cash.
hobnob1
21/6/2018
12:46
Prudential used to send out people to knock on doors, today you can contact many new mums etc online through advertising. Denplan, launched very successfully by being sold from Dental surgeries the Lady who launched it is on the board.
Ironically it would boost Directors shareholding’s if they took an approach more “old
School” ie actually got a revenue stream!

Keep the Porto office and make sure a team operates from there, apart from the Portuguese speaking market(Brazil, Angola,Mozambique,Macau etc) there are excellent English speaking sales teams based there - really concentrate on that one thing and the rest can wait.
Everyone can see that Stem cells will help in the future it doesn’t need education it needs selling!

It’s a great idea and it could be a good company, but without changing course it will struggle to get a third funding done come the year end in my opinion.



R.

rampair
21/6/2018
12:42
info@widecellsgroup.com

Best to not stop writing, calling faxing and shouting at and for the Board's attention.

moreminer
21/6/2018
11:08
According to the company's own paid-for research note, it is planning to blast through £2.8m of admin costs this year, and £3m admin costs next year. These are extraordinary sums for a small service provider that doesn't produce any revenue. Much of this cash burn will be taken up by the board's salaries. They are forecasting an operating loss this year of £1.9m This means they will have to keep trying to raise new funds to pay themselves their big salaries, and blowing out the share capital of their investors in the process. They may find the market won't give them any more.
hobnob1
16/6/2018
06:05
Align Research has no credibility since its childish campaign against Bluejay, which it got completely wrong.
nohead
15/6/2018
06:42
Do you work for Align, Imhustdandy?I read the note, and it is great that they think the company is worth as much as they do, but there is very little content to what they write.The release of an RNS about a "research" note by a paid hack is also rather odd. Seems like a case of Fake News to me.Clearly the company needs to raise more cash this year and they are keen to get the share price higher to minimise dilution. However the best way to demonstrate a prospective 2020 PER of 1.1 is to actually deliver some revenue streams. Sad too for shareholders that some of their valuable investment cash is being spent in this way.The only highlight is that they have a couple of fund managers interested enough to put some pin money into this. I suspect it is just that, a little bit of risk money to give them a chance on the 100:1 runner at Haydock.For me though, it is still a case of: Avoid.
longshanks
15/6/2018
06:17
Recognising the early stage nature of the business, but considering the very low valuation should indicative forecasts be met, we initiate coverage of WideCells with a stance of Conviction Buy and initial price target of 12p representing a conservative 5 times multiple for 2020 reflecting the risks involved.
imjustdandy
14/6/2018
18:54
I say we all should write and share our thoughts with the management.
I did send a short note.
Perhaps they might even get the message.
MM

info@widecellsgroup.com
any direct addresses known?

moreminer
14/6/2018
17:47
Why on earth does this board think it should be paid? They have delivered no profits, no revenue and have crashed the share price. If they want a job, go and apply for one at a profitable company.
hobnob1
14/6/2018
05:23
Agree but think they will have contract up their sleeve otherwise Miton Asset Management wouldn't have increased their stake through the placing. Ironically this will double quickly.
imjustdandy
14/6/2018
02:48
I just don't think these guys get it. In their greed to be paid salaries, they have blown the growth capital entrusted to them, and the market has rightly punished them. If they are now using this £2m lifeline to continue to pay themselves salaries, then they will find no one will put any more money into this company. They will lose their "jobs" and any credibility as directors of listed companies.

They have completely mis-understood the world of micro-cap stock market ventures.

iphone8
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