[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Work Service S.a. LSE:WSE London Ordinary Share PLWRKSR00019 ORD BR PLN0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 55.00 10.00 100.00 55.00 55.00 55.00 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 0.1 0.4 137.5 10

Work Service Share Discussion Threads

Showing 851 to 873 of 1275 messages
Chat Pages: Latest  39  38  37  36  35  34  33  32  31  30  29  28  Older
DateSubjectAuthorDiscuss
22/8/2014
10:00
"Marshall's chum entrepreneur Gyllenhamer " not been doing well over last yr imo...... I monitor...and various investments not performing... C21 being one....SWL has stopped paying a divi as we know... and SWL has been one of his best performers The Gyll. strategy is not a good one imo. (buying a struggling business where there are assets to back up the sp once you have sold some assets you still have a struggling business...which is difficult to turn around long term...often struggling due to overiding reasons.. NBI going X6 shows what a growing co. with good profit margin can do.
smithie6
22/8/2014
09:44
nice to see some posters and some discussion of .... - "our" company !! even though we sadly dont have control of it.. ---- "It does seem a nonsense to run 2 similar plcs at double the cost. Russman 20 Aug'14 - 22:56 - 316 of 317 0 0 a)would mean the Marshall empire take a pay cut" One reason imo is so that there is more income to pay the costs of the City Road offices and staff.... who I assume also do work for the Marshall family investments.... and cos. privately owned by the Marshalls.... from same offices.... since they would not (could not) want to pay for London offices from their own much lower income... and they get access to City Road professional staff with knowledge about tax rules, loopholes etc....and ideas about blue chip investments....since City road is running a few blue chip portfolios anyway (which has been or is a waste of time imo....for shareholders....) ...whereas to use or access such prof. staff in London on a per consultation basis would cost an arm and a leg...which at family level they wouldnt want to pay... ---- btw Sleeping partner at LFI and at Western is imo the same.... WH Lamb Ltd... just happen to hold key number of votes that take the Marshalls to a smidge over 50%. Casuality ? Not imho.
smithie6
20/8/2014
23:02
I like your Leeds Assets thinking ! LDSG is giving the lack of finding a suitable acquisition as the reason for not paying a dividend.
coolen
20/8/2014
21:56
a)would mean the Marshall empire take a pay cut but if Finsbury Food leaves the nest, they might not have a choice. b) the Swede could use LDSG to asset strip the LFI/WSE combo; but that is not very friendly. The Bod are getting on, it is time they were put out to grass.
russman
19/8/2014
21:06
As oft been aired previously, the obvious routes to re-rating are either: a) WSEL to merge with sister company, LFI, and thus regain its Stock Exhange quote and save a bundle on duplicated costs; or b) Marshall's chum entrepreneur Gyllenhamer to take WSEL as his UK investment vehicle and leave Marshall to run LFI. It does seem a nonsense to run 2 similar plcs at double the cost.
coolen
19/8/2014
18:23
There has always been potential but we are waiting for a catalyst in order to extract the value.
russman
19/8/2014
07:32
Next update will be interesting. All their companies appear to have turned the corner. The Hartim update will be the one to watch out for as there is loads of potential here.
topvest
18/8/2014
22:56
First 2 marks were a "put-through", but odd that it put the shares better at 57-62p. Then out came a small seller at 58p. Those were the trades on Monday. Discount to nav would be looking attractive were it not for their skill in finding new banana skins to slip on.
coolen
18/8/2014
21:57
More than 1 trade today. Stranger things have happened.
russman
05/7/2014
21:06
Thanks for your research work, TopVest.
coolen
05/7/2014
20:35
Hartim accounts for 2013 are reasonably encouraging. A few highlights: Operating profit of £696k on £22,154k of turnover. Exceptional costs of £523k for Australian disaster. PAT of £125k. Net assets £681k and net debt of £1,257k. One of the directors Short resigned in May. Couldn't see any gremlins in the accounts and good that they are getting their accounts done more promptly again. Still a qualified audit opinion on limitation of scope of the Australian business. I guess we will get an update from WSE soon, but should be able to clear the net debt within a year or two.
topvest
28/4/2014
19:26
Yes, they might actually generate some real shareholder value if things keep going this well.
topvest
28/4/2014
17:18
And the recent Creston strength is another plus, presumably ?
coolen
28/4/2014
15:14
See they have sold a further 125,000 shares in Northbridge. This is a good move, albeit probably could have sold more. At least with Northbridge they are taking some profits which has to be sensible after such a good run. Maybe another investment being considered? Last sale seemed to be needed for Hartim.
topvest
18/3/2014
17:38
All those in favour ? only me and Russman supporting one of the options/actions ?? ....that one being a distribution in specie of the shares held by Western to its shareholders....and unlisted items then being held by Western in unlisted format need over 5% in order to be able to put forward resolutions to the AGM imo
smithie6
14/3/2014
17:15
New Western I'm going to run a new company on paper on this message board called "New Western" ie. Western Selection run in a different and new way ...in part to hopefully do better than the current Western managers/directors do... and hence put managers under the spotlight to - improve performance - improve the total return to shareholders (such as via buybacks etc) part of the long term intention is to move the operation to be similar to normal investment funds such as Artemis, Blackrock.....where shares are bought/sold as wanted depending where any opportunities are seen....and getting out of shares when it is considered that the opportunity has ended and hence to move away from the idea of having long term investments of 10-20 years with a Western representative on the bod... Why ? Because the 10-20 year investment strategy has been shown not to work....and all similar investment companies that follow that same strategy have also performed badly, while investment funds like Artemis, Blackrock have ALL performed well. The Marshalls would I assume vehemently oppose such a change since they get directors fees and insiders information by sitting on bods (approx 480k for D.Marshall at Creston since 2000, + MWB), and make useful contacts and useful investing suggestions from other directors. L. Marshall received a director's fee of around 90k + expenses at City Group, adds up, especially when added to dirs. fees from other companies. The investment return to the Marshalls is very good wrt the cash they have invested because of these directors fees, noting their investment is in London Finance but they also get income via Western Selection (eg. Creston dirs. fee)even though they havent invested 1 penny in Western !!!! ---- Also, having a person on a bod creates a conflict of interest since if Western sells their investment in that company then the Western representative needs to leave the bod....and lose their director's fees. The Western representative may decide not to sell Western shares because he does not want to lose his director's fees from that company !. Even though it might be the action that is the best for Western's shareholders. The 'new' Western Selection would generally avoid having board representation on listed investments....and hence be free to buy or sell as preferred. ==== First action General Portfolio a) Removal of all tobacco shares (see previous post. And noting that BATS broke its up trend from 2009 back in 2013) b) Removal of Danone (European business has been poor....laid off some staff. Europe not about to change imo. Yogurt spending in Greece, Italy, Portugal, Spain etc, likely to fall imo......in sectors with fallings sales, there is normally pressure on profit margins as producers fight for the remaining sales) c) Monitoring Walt Disney to then add it to the Gen. Portfolio (last results were very good....but laying off staff at games subsidiary....wait to see if that impacts the sp) d) Review the rest of the Gen. Portfolio and then consider any changes. ==== Second Action Partial sales of some NBI shares....1/5th of daily volumes at current price but not below....so as not to hit the share price ...or direct to other large holders. Say 10% of holding. and then a compulsory share buy back of Western Shares using the money. ===== Third action Monitoring of mkts...and if mkts start falling...to consider to sell 1M from the Gen. Port. to cancel the bank loan of 1M. Fourth Action put forward new Articles of Association including for - full and transparent reporting to shareholders - a weekly declaration of NAV (this could be just of listed holdings and Gen. Portfolio...and the mkt can then compare it with a reference value when the full official NAV was given) - any shares not taken up in a rights issue can not be allocated to any other person including LFI - that generally there shall be no new share issues, instead the company is required to grow using its existing capital/assets (and if that cant be done, then the managers should be replaced !) - that company operation must be respectful of the small shareholders ---- Calling of EGM - resolution to remove any LFI directors from Chairman position - resolution for LFI to reduce its holding to 30%. - resolution to cancel the authority to increase the number of shares by 50% - creation of - resolution to remove from the board and from any subsidiary or associate any person related to family trusts of the biggest shareholder (the company should be run correctly....and not by friends/family) - vote on adding a shareholder representative to the bod (to help observe compliance with regulations and reduce risk of WESP being used for LFI's purposes or Marshall family trust purposes) - publication of the details of share options including share price, number of options and to who. (for minor awards to staff such as receptionist that are not family members then this could be lumped together) - performance conditions for share options shall be revealed to shareholders !! (amazing imo that this basic info is SECRET !!!) - all persons who would receive more than 5% of the total number of share options must invest a part of their salary in shares of the company (Mr Beale is the main responsible for day to day operation and does not own 1 Western share. Ridiculous. This may be part of the reason for the 'Australian misadventure'....taking excessive risk in order to meet the perf. reqts. in order to get Western shares for free....while losing NOTHING if it did not work. If so, MUST be changed imo.) (the share options conditions perhaps need changing.....to incentivise good/solid performance and staying at the company perhaps....but without encouraging high risks (Auz. misadventure) which lose money for the shareholders)
smithie6
10/3/2014
10:50
Topvest in case of interest someone did a study of the financial numbers for all the companies in the equipt. hire sector...back in 2011 Speedy stuck out ...assets per share, etc ....highlighted to City Rd. dirs. City Rd. chaps did not appear to have ANY study of the financial numbers for the equipt. hire sector...to use to compare the detailed financial perf. of NBI vs the others (poor show imo) (turnover per pnd of rental equipt, assets per pnd of share, profit per pnd of rental equipt....etc) Speedy share price is now 4 TIMES HIGHER. The money managers at City Rd. ....one has to question what they spend their time doing..... ...perhaps buying/selling for the Marshall family trust funds..? ...screen spread betting ?! for NBI, CRE, SWL....(most of Western NAV)....they normally make 1 trade per year...and when Creston was at 50p last year they did not buy any (I did...and I am not getting paid to monitor Creston...and have no financial qualifications) ...nor did they top up Creston when it hit 20p in 2008/9 I also bt. NBI when it was 240p....before it doubled to 480p..... while City Rd. managers bt. ......0. (although at least they did participate in fund raising stages at NBI)
smithie6
10/3/2014
10:40
I'd settle for that. Leave Hartim and anything else inside Western...and operate as unlisted co. Shareholders would get around 95p of assets in kind (as shares in NBI, CRE, SWL etc) and save 200k per year in monitoring costs (to monitor ...NBI, CRE, SWL !) which is around 1p per share, so 50% divi increase and doubling of assets per share. All those in favour ?! Me, Russman, anyone else ?
smithie6
08/3/2014
18:25
Why bother:> asset strip and liquidate.
russman
07/3/2014
13:16
New Western I'm going to run a Portfolio called "New Western" ...in part to hopefully do better than Western do... and hence put managers under the spotlight to - improve performance - improve the total return to shareholders (such as via buybacks etc) ==== First action General Portfolio a) Removal of all tobacco shares (see previous post. And noting that BATS broke its up trend from 2009 back in 2013) b) Removal of Danone (European business has been poor....laid off some staff. Europe not about to change imo. Yogurt spending in Greece, Italy, Portugal, Spain etc, likely to fall imo......in sectors with fallings sales, there is normally pressure on profit margins as producers fight for the remaining sales) c) Monitoring Walt Disney to then add it to the Gen. Portfolio (last results were very good....but laying off staff at games subsidiary....wait to see if that impacts the sp) d) Review the rest of the Gen. Portfolio and then consider any changes. ==== Second Action Partial sales of some NBI shares....1/5th of daily volumes at current price but not below....so as not to hit the share price ...or direct to other large holders. Say 10% of holding. and then a compulsory share buy back of Western Shares using the money. ===== Third action Monitoring of mkts...and if mkts start falling...to consider to sell 1M from the Gen. Port. to cancel the bank loan of 1M. Fourth Action put forward new Articles of Association including for - full and transparent reporting to shareholders - a weekly declaration of NAV (this could be just of listed holdings and Gen. Portfolio...and the mkt can then compare it with a reference value when the full official NAV was given) - any shares not taken up in a rights issue can not be allocated to any other person including LFI - that generally there shall be no new share issues, instead the company is required to grow using its existing capital/assets (and if that cant be done, then the managers should be replaced !) - that company operation must be respectful of the small shareholders ---- Calling of EGM - resolution to remove any LFI directors from Chairman position - resolution for LFI to reduce its holding to 30%. - resolution to cancel the authority to increase the number of shares by 50% - creation of - resolution to remove from the board and from any subsidiary or associate any person related to family trusts of the biggest shareholder (the company should be run correctly....and not by friends/family) - vote on adding a shareholder representative to the bod (to help observe compliance with regulations and reduce risk of WESP being used for LFI's purposes or Marshall family trust purposes) - publication of the details of share options including share price, number of options and to who. (for minor awards to staff such as receptionist that are not family members then this could be lumped together) - performance conditions for share options shall be revealed to shareholders !! (amazing imo that this basic info is SECRET !!!) - all persons who would receive more than 5% of the total number of share options must invest a part of their salary in shares of the company (Mr Beale is the main responsible for day to day operation and does not own 1 Western share. Ridiculous. This may be part of the reason for the 'Australian misadventure'....taking excessive risk in order to meet the perf. reqts. in order to get Western shares for free....while losing NOTHING if it did not work. If so, MUST be changed imo.) (the share options conditions perhaps need changing.....to incentivise good/solid performance and staying at the company perhaps....but without encouraging high risks (Auz. misadventure) which lose money for the shareholders)
smithie6
07/3/2014
13:06
if Western do read this msg. brd. imo they should consider to remove tabacco company shares from the General Portfolio. my logic is that the developed world is stepping up its anti-smoking actions...and these will start imo in the rest of the world over time...so, the future is not bright for tobacco sector and here is an article saying sell from Motley Fool http://www.fool.co.uk/investing/2014/03/07/why-imperial-tobacco-group-plc-should-not-be-in-your-2014-isa/?source=twitter
smithie6
06/3/2014
18:55
A little excitement here for a change: A decent chunk of Swallowfield was gobbled up after the close on 5th March at 95p when the market price was only 85-91p. The buyer has been revealed today. Against that bullish news, 2 sellers totalling 11,000 shares at 50p have dented the WSE price. I shall leave others to comment further.
coolen
05/3/2014
20:27
Change the record!
topvest
Chat Pages: Latest  39  38  37  36  35  34  33  32  31  30  29  28  Older
ADVFN Advertorial
Your Recent History
LSE
WSE
Work Servi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211128 06:07:42