Wyatt Share Discussion Threads

[tiredoldbroker] 06/8/2008 10:23

Yeah but Treacle the problem is, you expected the share price to go up ahead of the figures; then on the figures; then after the figures; and you're wrong every time !

The balance sheet is shot to bits, the company will be lucky to remain in profit at the pre tax level this year, there's nothing to go for.

[treacle28] 06/8/2008 10:13

Looks like the full time filtered bashers got someone who bought at 5 and 5.45p last week to bail out. Market makers not keen on dropping the buying price at all is a good sign imo. Would expect the directors to start buying now at these very cheap levels (all time lows) or takeover imo.

[seanmiller] 06/8/2008 09:37

treacle/chancer

not "easily taken" that one was it rofl

you got 2p for your shares!!!!

2p!!!

[tiredoldbroker] 05/8/2008 20:47

Yeah, shame that (as the company itself has just said) the operating profit from PES is going to be well down this year - which probably means the whole group making a loss.

[treacle28] 05/8/2008 18:03

More Updates and in turn more services being offered on PES website today:-

News Coverage

Flex can trim spend

June 2008 - courtesy of employeebenefits.co.uk

Victoria Furness discovers that far from being seen as a drain on resources, flexible benefits could help employers reduce their spend on benefits.
Buyers guide to childcare

June 2008 - courtesy of employee benefits.co.uk

Of the four main options employers have when providing childcare for staff, vouchers and emergency childcare have seen the strongest growth in the past year, says Alison Coleman.

Monitoring raises privacy issues

May 2008 - courtesy of Employee Benefits Magazine

News that Microsoft is developing software that can measure an employee's productivity and physical and mental wellbeing raises concerns about the level of monitoring in the workplace.

[treacle28] 04/8/2008 20:38

PES-Newsletter

July '08 Dispatch
Voluntary Benefits

[treacle28] 04/8/2008 20:35

Growth Business
Monday 4th August 2008

Wyatt acquires benefits consultancy

Employment consultancy Wyatt Group has acquired employee benefits specialist TEBC for £150,000. Two deferred payments each of £75,000 are to be made on the first and second anniversaries of the deal's completion.

The Marlow, Buckinghamshire-located business will operate alongside existing employment-based subsidiary Premier Employer Solutions Limited (PES) and, more particularly, PES's own benefits consultancy Premier Employee Benefits. Wyatt says there is also an element of deferred contingent consideration based on the turnover of TEBC, although this is capped at a maximum of £300,000.

In order to help finance the acquisition, non-executive chairman and serial entrepreneur Bob Holt agreed to loan the company £100,000. The loan is unsecured, will carry an annual interest rate of three per cent above the Bank of England base rate and is repayable over five years in quarterly instalments.

The most recent year-end results show TEBC making a profit before taxation of £64,295 on turnover of £387,414, and having net assets of £220,474.

[tiredoldbroker] 04/8/2008 15:47

Of course, Cancer6/Treacle28 was claiming the share price would go up ahead of the figures... then on the figures... then after the figures... now 'soon' but in the future... and all the time, ignoring the company saying its only profitable 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"; a 25% drop in gross profit and the group is lossmaking in the current year, at the pre tax level.

[seanmiller] 04/8/2008 07:49

chancer, why did you change your name?

[treacle28] 01/8/2008 20:21

The Employee Benefits Consultants

[seanmiller] 01/8/2008 17:42

lol, that it is. Xaviar Uni is great!!

[nick faldo] 01/8/2008 16:15

Indeed Sean,

Trading shares is a nice distraction from Ryder cup selection, as It is I imagine for you with teh old Basketball coaching, eh!

[seanmiller] 01/8/2008 16:07

Hi Nick

Didn't know you were into shares, thought you would have made plenty on the golf circuit.

Anyways, good to see you on here. Are you going to captian the Ryder Cup??

Cheers

[nick faldo] 01/8/2008 14:30

Another idiot that thinks it is still 1999, who doesnt realise that the internet trading phenomenon for beginners has passed and hasnt realised that people now know what ramping is and most certainly do not take advice from anonymous avatars writing rubbish on a free (public) bb.

[seanmiller] 01/8/2008 14:14

lol, old chancer in her new role as treacle. her wording is ideticle. So desperate it's untrue. Ramping this on other boards rofl :)

PLW went bust, FPS went bust, she is stingin badly so desperatley setup another advfn account!!!!!

Now that is the cream on the cake.

what a true, genuine novice!!!! LMAO!!!

[tiredoldbroker] 01/8/2008 13:19

Where's your 100,000 order gone Cancerstix ? Talk big don't you, but tiny when it comes to performance ! Must be such a disappointment if you're the same in every department !

[treacle28] 01/8/2008 13:17

Would expect Mr Holt and other board members to buy a few now out of closed period. Bought 16,000 worth at 13.50p last October and rest of holding at 18-25p.

[treacle28] 01/8/2008 13:08

Continuing Activities

Our employment consultancy and support business Premier Employer Solutions Limited ('PES')
represents our primary trading subsidiary,
the other being the newly acquired Health and Safety Department Limited. PES has enjoyed a
period of significant success and is solely
responsible for the Group's turnaround. The 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. However, the management is
busy building up the core business and have
some exciting things in the pipeline. We remain confident that the long term prospects for
PES are positive despite the current challenging
economic climate.

[tiredoldbroker] 01/8/2008 13:00

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.

[treacle28] 01/8/2008 12:56

Wyatt buys TEBC for 150,000 pounds, 2 deferred payments of 75,000 pounds each




LONDON (Thomson Financial) - Wyatt Group Plc. said it acquired TEBC Ltd., an
employee benefits consultancy, for an initial 150,000 pounds plus and two
deferred payments each of 75,000 pounds.
The consultancy services company said there is also an element of deferred
contingent payment based on the turnover of TEBC, capped at a maximum of 300,000
pounds.
For yhe year to Dec. 31, 2007, TEBC made a pretax profit on ordinary
activities of 64,295 pounds on turnover of 387,414 pounds, and having net assets
of 220,474 pounds.
Additionally, the company said, in order to help finance the acquisition,
its non-executive chairman Bob Holt has agreed to loan the company 100,000
pounds.
Separately, Wyatt posted a full-year pretax profit on continuing activities
of 415,026 pounds against 410,923 pounds last year on a turnover from continuing
activities of 2.25 million pounds versus 1,81 million a year earlier.
[e-mail]
pvi/ssa/ra

[tiredoldbroker] 01/8/2008 12:54

Sure Treacle28 is Cancerstick's new identity - the total dishonest disregard of what the company statement says, the inability to read a balance sheet, it's got Cancersticks written all over it.

[tiredoldbroker] 01/8/2008 12:53

I wonder if Treacle28 is the new name for Cancer6 ? What I can tell you is that you won't see a buy order for 100,000 shares. The baqlance sheet is a horror story, 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"; a 25% drop in gross profit and the group is lossmaking in the current year, at the pre tax level.

[treacle28] 01/8/2008 12:52

Next year? More success with PES as shown yr on yr. Plus, more acquisitions in coming weeks/months.

'We are committed to building the Group and are also looking at opportunities in the wider
service sector where, in the opinion of the
Board, there are synergies with our core business. I look forward to bringing you news on
this in the future'.

[philjeans] 01/8/2008 12:47

Next year?

Zilch!