Wyg Share Discussion Threads

[highly geared] 12/10/2018 07:42

Share price collapsing ; noted via social media, a number of senior PM’s have been made redundant.

[topvest] 02/10/2018 21:17

Not really...would have been smarter avoiding in the first place. If you are not comfortable holding something for at least 10 years...don't even think about owning it for 10 minutes!

[highly geared] 01/10/2018 15:03

Topvest, smart move. Your penultimate sentence will likely come to pass.

[topvest] 25/9/2018 14:09

Update a tad disappointing, albeit still expecting to be in-line. Be interesting to see if AB Traction buy some more. Nevertheless, I've sold. Cash flow is very poor here and net debt is increasing. Too marginal a share to hold. Made a small loss. Bought as a recovery share, but it’s not really working out. Shouldn’t have purchased. More risk of a profit warning in H2. Lesson for me...don’t buy marginal shares!

[norbert colon] 11/9/2018 18:52

https://www.investegate.co.uk/wyg-plc--wyg-/rns/holding-s--in-company/201809111755474740A/AB Traction up to 10.3%Plus some nice new Govt contracts in the bag:https://www.wyg.com/news-and-press-releases/wyg-appointed-to-deliver-host-of-projects-for-the-fco

[norbert colon] 10/8/2018 13:32

Yep and they keep on picking up contracts including Lot 3 of NHS Building for Wales Regional Cost Adviser Framework (North Wales) worth £2.75m - not a big framework / contract but they are winning plenty across the UK and EU which is encouraging.

[topvest] 10/8/2018 13:07

Looks like a well timed entry..hopefully. Certainly moving upwards strongly now. XD to come soon as well.

[norbert colon] 08/8/2018 15:51

Welcome on board TopVest

[topvest] 08/8/2018 15:33

Decided to add a few. Golden cross event definitely pushed through (i.e. 50dma crossed 200dma is bullish). Swedish investor with 9%. Change is probably afoot here and the business is a relatively easy turnaround prospect really given its order book. Its a fairly marginal business so will keep a strict stop loss, but good scope to bounce up to a £1 or so in my view.

[topvest] 16/7/2018 15:56

Yep, same old story. Lack of cash generation.

[norbert colon] 16/7/2018 14:23

Annual Report can be found here:https://www.wyg.com/news-and-press-releases/annual-report-account-2018

[pireric] 08/6/2018 12:11

Prefer yours based on fundamentals. That share talk reasoning is absolute bs

[norbert colon] 08/6/2018 10:59

Listen at 4.10 mins - same initial target price of 80p as I have (mine based on fundamentals)http://www.share-talk.com/share-news/share-talk-bulletin-board-heroes-7th-june-2018/Always good when these 2 coincide

[castleford tiger] 08/6/2018 10:43

Looking at forecasts its clear they have not been updated.

Just how I like it.

Tiger

[18bt] 08/6/2018 08:26

Mkt forecasts sem to be around 4p, but agree they could well do better.

[norbert colon] 08/6/2018 08:11

Waterman were acquired on a PE of 17 so 6p x 17 = 90p which is just one rough metric by which to value them. A market cap of circa £80-90m (double current mcap) is equally achievable based on peer group P/S so the current valuation is still very attractive.WYG are ~10% of both my SIPP and ISA

[castleford tiger] 08/6/2018 07:53

based on what earnings? 4.11p a share?

I think they will do better looking at repeating the 2nd half of last year.
I think 6p plus

Tiger

[18bt] 08/6/2018 07:36

Filling back up to 70p, where would be 2019 PER of 17 or so?

[castleford tiger] 07/6/2018 21:32

Director buying

[norbert colon] 05/6/2018 19:28

Certainly I would be disappointed not to see any bid from their peer group at 100p+ so it's very possible

[castleford tiger] 05/6/2018 18:35

AGREE and see 100p in a year or less
Tiger

[18bt] 05/6/2018 08:12

Recovery story building

[castleford tiger] 11/5/2018 18:51

Climbing now
Tiger

[value viper] 20/4/2018 07:27

i wondered who the selling insti was gonna be ; so Traction essentially buys FT's shares (and some others from somewhere else - guess we'll find out where the other 3.78% came from).
Who has 3.78% of the company ? AXA is / was around there I think.

[castleford tiger] 19/4/2018 14:36

IF 13 m were traded and 6.6 bought by AB, was the other trade the sell?

someone had to sell for them to buy?

Tiger