This is from EuroWeek magazine dated September 29, 2000.
"Worldlink IPO before year end as mobile data takes off" "Worldlink is banking on its unique technology getting investors' attention when the company lists on the LSE toward the end of the year..." "...IPO is likely to raise around £70m of new money and the company should have a market capitalisation of between £120m and £130m on listing, according to Neil Riches, managing director of the company." This was 11.5 years ago. ps. If WGP go under, you will find that the Preference Loans in favour of certain people (5% and 7% preference) are the highest level of precedence which will enable them to cut a deal to get the IPR off the Liquidator. That has been the MO the last two times. pps. let's give them a chance on the numbers. they announce in less than six weeks so if revenue is £1M+ or even high hundreds of thousands for 2011, all is forgiven because they would have proved themselves with real results.
Might be people with negative sentiment in here yes but there are DEFINITELY people in here that do not want anything negative said and fire it down irrespective of the content. The arguments used for positivity are the same arguments originally used in WGP's favour by the now negative people before they got burnt. That is why this Board is often argumentative because many think history is relevant ("what does history tell us"), others think it irrelevant. Dismissing irrelevant history is fine but dismissing relevant history is foolhardy. You know, some people regard WW1 and WW2 as two events. Others regard them as a single linked event. Either way, if someone has a history of doing something, of saying certain things, of acting in certain ways, which result is negative outcomes; being aware of this when they 'look' like they are doing it again is not irrelevant. That is not to say they are necessarily guilty a second (or third) time or that the same outcomes will arise, just that caution is required and a willingness to know the facts even if your own judgement then dismisses it (which is every person's right). People pointing out that they might be doing the same thing again does not mean they have an agenda except maybe to stop other people being hurt the same way (or they are the bravest Short traders I have ever seen!).
I have no agenda either ...except I dont like seeing people fooled and loosing money. Just look at the headings above..... WGP Fundamentals....there are none WGP Financial Diary..Nothing WGP DirectorsDeals...No information This must be the only FTSE Standard List Company with such a pacity of information. Yet they trumpet a deal with a tiny football club as if its a major issue. Extraordinary !!
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