ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

WYT Wyatt Group

1.75
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Wyatt Group WYT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.75 1.75
more quote information »

Wyatt WYT Dividends History

No dividends issued between 23 Apr 2014 and 23 Apr 2024

Top Dividend Posts

Top Posts
Posted at 02/9/2008 16:35 by seanmiller
lol, sold out at 2p. ny holders out there, time to come back. It's safe now, and you can chat amongst yourselves again lol.

WYT will probablt fly now that she has left the building!!
Posted at 07/8/2008 11:54 by tiredoldbroker
Poor old Treacle, not got anything useful to say, not got any honest answers, so reduced to imagining that other people deal in the same penny packets he does ! I wouldn't even waste £40 on WYT, the share price is not going up.
Posted at 01/8/2008 13:00 by tiredoldbroker
Yeah, the usual Cancerstix approach, try to bury the bad news by cut 'n' pasting vast amounts of other stuff, the company itself says its PES business will be going backwards this year, not forwards; and WYT can't actually afford to buy anything without piling up more debt, more 'goodwill' - and meanwhile Treacly old Cancerstix has shares to sell on the back of any mug who gets lured in.
Posted at 01/8/2008 11:13 by tiredoldbroker
Like I said in post 454 "Cancer6 wants to get out before the company announcement" - I reckon his/her £500 position got cut at a loss while he/she was still trying to ramp it up - which we've seen happen before.

Meanwhile look at the WYT numbers and staement: the only ongoing business "was hit by a change in tax legislation at the end of 2007 which will have a significant adverse affect on Group's trading in the current year".

The balance sheet looks like Dresden 1945 - current assets £660,000 swamped by current liabilities £1.56m; total assets of £1.985m include intangibles of £1.2m but even so are submerged by total liabilities £2.5m; the group's net liabilities of £526,000 plus intangibles give a 'total black hole' of £1.75m. And this is what Cancer6 was trying to ramp up to 20p, where the market value would've been £3m. He/she lives in a fantasy world, get sucked into it at your peril !
Posted at 29/7/2008 18:44 by tiredoldbroker
So what if they can turn over £3m, that doesn't mean the mkt cap should also be £3m, there's no logical relationship between t/over and mkt cap - just Cancer6's ramping. Also, the one remaining buiness may be profitable at the operational level but it's perfectly likely that - even excluding losses from all the discontinued businesses - this won't be enough to cover central costs & listing costs, and WYT will be lossmaking at the pre-tax level. Whereas as I've suggested, you could find a whole list of profitable £3m mkt cap companies, even dividend payers, if you spent 10 minutes looking, and most of them would have much stronger balance sheets than WYT.

Don't be taken in by Cancer6, the deathwatch beetle of share tipping.
Posted at 18/7/2008 22:28 by tiredoldbroker
"Lord" Santafe, do stop posting such drivel. What you've actually said above is that apart from FPS, nearly all Cancer6's stock picks have gone down the pan; yet your conclusion is that 'he knows what he's talking about' ! Can't you see that you're contradicting yourself and talking sheer nonsense? No wonder you were apparently made bankrupt earlier this year as a result of your disastrous stock picking over the last few years.

And as far as FPS goes, the accounts may show that the company has cash; but it's along way between that and the shareholders seeing any of it. They have just over £1m in Jersey and forecast their overheads for 2008 as about £730,000; that might leave them £300,000 in January 2009, if they don't just blow the lot; and if they get into hassle with the Chinese authorities, you can write off any hope of extracting funds from China. Every chance that the shareholders will get less than the suspension price.

And have you even tried to work out the state of WYT's balance sheet after the closures, mothballing and sale to management they've done in the last year or so ? There's simply not enough left in WYT to support their debt, their battered balance sheet, and the vastly higher share price Cancer6 keeps telling fairies about.
Posted at 18/7/2008 20:38 by lord santafe
FPS early this week have confirmed the cash is there, so plus around 200% if re-listed before January 09, or a payout of about 1.25p cash in January 09.

PLW probarly bust

Some you win and some you loose so Chancer6 is not all so bad.

Before FPS and PLW nearly all Chancer6's selections where suspended, but he stlll knows what he is talking about.

From experience WYT is like betting on black or red, but with a much better payout than just doubling your money.

WYT is a good bet, IMHO
Posted at 17/7/2008 21:38 by tiredoldbroker
How sweet amd sentimental of Cancer6 to quote a newspaper columnist who was also long of LNX, another of Cancer6's ramps, and one which bit the dust earlier this year - like how many other of your ramps, Cancer6 ?

So what that WYT might be 'engaged in further corporate activity' at some stage - there's no evidence it will be at a premium to the current price, or that the deal will be any better for WYT shareholders than oh, let's say AMS, or Biotech, or Risksmart.
Posted at 13/12/2007 11:25 by drain
I asked WYT when the interim results would be available.The reply was:

"I expect to announce the results on a similar date (i.e. next week).

David Curtis

Group Finance Director"

Last year they were announced on 21 December.
Posted at 13/7/2007 11:58 by swag2
I wonder what they mean by:

"a transformational acquisition"

Transforming WYT from a £2.7m market cap to a £xxxm market cap?

Your Recent History

Delayed Upgrade Clock