Worthington Share Discussion Threads

[wfcreserves] 27/12/2020 11:19

IPO Capital don’t appear to be having much luck on their investments. Having substantial incurred losses up to March 2019, including an investment in Rapid Nutrition since 2012, they acquired 1m Whetstone shares in Oct 2019, coincidentally the same date as David Papworth acquired 2m shares. Possibly part of the placing @.001p? Allan Biggar was allocated 2.5m same day. Others
Finsbury Nominees 2m. Mark Butterfield (of IPO) 500k. Jean Giles 500k (also IPO).
Placing not reported until 22nd January 2020.
Wonder if they expect any return from Whetstone?

[abadan2] 26/12/2020 20:06

I don't know that they have/had an investment in WHET. There is no evidence of investments under assets, and no reference to such an investment under related parties items. Equally, there is no reference to the activities that took place during the year, which resulted in negative net assets increasing from £2k to £533k, a figure matched by net liabilities. Could AB have played a role in this transformation?

[wfcreserves] 26/12/2020 12:49

@ abadan2

Did you find where they accounted for their investment in Whetstone in their accounts?

[abadan2] 26/12/2020 12:11

The GRC World Forum accounts show that Allan Biggar owed the company £10,000 at 30 Nov 2019, but this sum was written off in the accounts as the board considered there was little chance of recovering the funds. WRN and WHET seem to have attract these high rollers!

[wfcreserves] 26/12/2020 10:26

Re post 1674
Data Protection World Forum Ltd looks interesting. Now GRC World Forums Ltd after change of name 2020 and after the resignation of Allan Biggar in 2019. A “trusted information source” re “governance, risk & compliance professionals”.

Well there you go.

[knigel] 25/12/2020 22:20

What did JJW say last year about people posting on Christmas Day? Btw Santa is more likely to exist than these brown envelopes that are being delivered by snails :)

[spikeyj] 25/12/2020 17:48

400k shares, but hardly £400k.

[arthur_lame_stocks] 25/12/2020 12:06

I see one Thomas Williams still owns over £400k shares. I wonder how he's explaining that to his family over Christmas gruel.

[vaneric1] 25/12/2020 10:08

Not all of them Roy, I guess those held at brokers are not there, my tiny holding isn't.

Couldn't see nurse Paula on there :-)

[roydyor] 25/12/2020 09:10

A peaceful and as happy as you can make it Christmas to all.
If you get bored reading the 2000 page Brexit agreement you can peruse the confirmation statement showing all the shareholders of Whetstone.

[arthur_lame_stocks] 24/12/2020 14:12

It's a shame WHET sold out of RAP. After all their slimming pills can cure coronavirus; apparantly.

[jackjackjack1] 24/12/2020 13:57

Merry Christmas to you all . Let’s hope South Africa can sort out the new strain off covid.i do hope so . Me thinks someone with a fake tan could tell us how it is mutating . All the best have a happy new year

[knigel] 24/12/2020 11:58

Seasons greetings - it’s been a horrible year - Worthingone still suspended and still on radio silent - Whetstone suspended without explanation and on radio silence - the Royal Mail unable to cope with a dozen brown envelopes all gone missing under the parcel mountain - and a pandemic just to rub it in... let’s just hope 2021 is a better year because it can’t get any worse (surely?)

[arthur_lame_stocks] 24/12/2020 07:49

Sorry Johnbri, I just can't keep up with all his usernames, be they male, female or trans.

[roydyor] 19/12/2020 09:56

Whetstone compulsory strike off action has been discontinued, waiting for document.

[arthur_lame_stocks] 19/12/2020 09:39

And a merry Christmas to JJW, JJW Fan Club, Paula the naughty nurse, Fan of Genius Dyno Rod and of course Neo.

[spikeyj] 18/12/2020 16:26

agree, happy & safe xmas all honest folks,
and let’s hope 2021 brings more good cheer.

(... had my vaccine this week, feels good,
hopefully being rolled out soon near all.)

[filthylucre01] 18/12/2020 15:52

This turkey is completely stuffed.
The goose is cooked.

We have one reason to cheer this year, we’ve seen the back of two narcissistic, pathological liars with dodgy tans.

Merry Christmas to all the honest folks out there, happy and healthy 2021.

Cheers, Luke