Wyg Share Discussion Threads

[value viper] 18/3/2019 13:34

Why are AB Traction building ?

[highly geared] 18/3/2019 13:33

Wait for FY results , you’ll see how bad things are then...

[value viper] 18/3/2019 13:28

Sitting duck ?

[pre] 18/2/2019 09:50

interesting rns...AB traction have just snapped up just over 3m shares...holding 19.15%

[tomboyb] 14/2/2019 11:08

I've sold for a small profit -

Can buy quite a bit online now so good luck -

[highly geared] 14/2/2019 08:24

2018-19 profit likely to be £1.5 million against a £5 million forecast.Current PE of around 10 which is rich for a business slow to implement financial, operational , cultural or structural change.Their main UK client DIO MOD now using CCS RM3741 Framework meaning more more competition for their core work and ever lower fees.Nuclear sector in the doldrums with the cancelled projects in Cumbria, another of their core areas. Not for me I’m afraid. I see they are moving the HO to expensive office space in central Leeds...

[topvest] 13/2/2019 20:27

Phew - glad I sold out in September now. The business needs a more radical overhaul as its not really generated any cash flow in a decade. I think it needs to retrench to the UK and sell its overseas business.

[pre] 13/2/2019 15:40

think breach of covenants big issue and profit warning with brexit related matters are a concern here...but you never know:-)

[tomboyb] 13/2/2019 15:39

154million worth of turnover -

Not looked at fundamentals yet but cap is £14mill -

Will someone be interested here -

[bungeetrader] 13/2/2019 15:38

Had 10 seconds earlier with an online quote of 15p for 10k then got an incoming call, and it was gone.....
Might have been as difficult to sell as buying anyway but still bloody annoying!

[tomboyb] 13/2/2019 15:33

at 13.6 million i wonder if someone will be tempted to make an offer -

[pre] 13/2/2019 15:28

wasn't tempted, but those that got 14/15p did well...

[tomboyb] 13/2/2019 15:26

Missed that level -

Was only offered 1750 -

Next update is 30th march -

[pre] 13/2/2019 15:14

very illiquid...well done to those in at 14 & 15p...mkts ruthless with breaches of covenants and profit warnings..

[tomboyb] 13/2/2019 15:10

My broker offered 1750 -

someone got 10k -

[tomboyb] 13/2/2019 14:58

68%!!! down!

[tomboyb] 13/2/2019 14:56

Could be a trade here -

No quote to buy though!

[tomboyb] 13/2/2019 14:52

Will update on 31st March -

Banking cov -

66% down now!

[tomboyb] 13/2/2019 14:47

62% down on that profit warning -

[rndm355] 05/2/2019 12:24

WYG discussed on the Cube Podcast, 12 minutes in:

[norbert colon] 12/10/2018 18:28

Swedish Value investor AB Traction now up to 14.64%

[castleford tiger] 12/10/2018 09:29

topped up this morning

tiger

[norbert colon] 12/10/2018 08:39

I was not aware of any large scale redundancies but changes in head count is an inevitable part of any people business.Although there may well be some redundancies if you look at their careers page they are also recruiting nationally.The recent fall in the share price is more macro related.