Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
whats weird ink i was gonna ask u the same thing lol no idea matey
Any idea why the Bid-Ask isn't going up? 90% buy volume this week and lots of it but they remain in the 16-18 range. This time last month, half the volumes per pushing the prices right up.
sea of blue day after day after day nice!
thanks kindly for that mate
Still think the same really as I have done since 2007. Long term is a potential big win. If they get a bona fide patent license from a real name (William Hill, Ladbrokes, IDC/Esignal, TD Waterhouse, Saxo etc), this would soar past the IPO price in my opinion but I've been saying that since 2007 and thinking it might never happen now. However, IF they can set a big name precedent, they will finally start to release big value. There is a growing feeling though that the patent is not enforceable in a court so feeling a bit negative on it personally but I have ups and downs on that. Irrespective of the above, you can still make money on the price movements in the 10p to 60p range. The OMT PR popped it from 23p to 57p and who wouldn't complain about a 100% plus rise? Paros out of the way is the BEST news for ages because Paros were going for an amount of money that would have put WGP into a winding up order if they'd won so the big threat on the horizon is gone completely. My only fear short term is the last two PR releases did not pop the share price when each RNS used to. Plus a dominant buy volume for the week which isn't giving upward momentum to the price. As the Broker now concluded, it has a potentially highly geared return but also accompanied with a high downside risk.
ink whats ur opinion mate medium/long term i know u have been here for a while but dont know if u are still here or even care lol thanks in advance mate
Did you see the big news release last week on the Worldlink Broker launch? See the RNS tab. Also see the Monday morning announcement on the conclusion of the Paros-Worldlink AIM costs case.
See below on why WGP only had to pay the £150K cap not the extra Paros wanted. "The High Court held as follows: There was no reason why the change in deal structure from a share purchase to an asset purchase should affect the costs undertaking. The parties had chosen to vary the heads of terms in one respect and could have varied it in others, had they wished to do so. They did not do so. The agreement by Worldlink, a public company (without material net assets), to pay Paros's costs or a break fee in the contemplation of an acquisition of shares in Worldlink was unlawful. The agreement amounted to 'other financial assistance', contrary to what are now sections 677(1)(d) and 678 Companies Act 2006. However, the unlawful element of the contract was merely unenforceable, not void. It followed that, when the heads of terms were varied so that a share acquisition was no longer contemplated, the costs provisions ceased to be unenforceable. Because Worldlink never re-registered as a private company, the break fee provision applied, meaning Worldlink was liable to pay only the capped amount of £150,000. The discussions by Worldlink's directors with professional advisers relating to possible alternatives, such as an AIM listing of Worldlink, did not breach the exclusivity undertaking. However, to the extent that such discussions went further so as to contemplate direct investments in Worldlink by third parties (as they probably did in March and definitely did in May), the exclusivity undertakings were breached. However, the breaches of exclusivity did not cause the failure of the transaction. The transaction failed because of personal differences of opinion and expectation between the representatives of Worldlink and Paros. Nominal damages of £2 were awarded for each breach." There is a nice analysis at http://www.wragge.com/analysis_8501.asp WGP lawyers argued a very good case I think.
are we expecting any news, or anything to happen? All very quiet in here at the moment!
spread of 26.67%........never seen that ever before
That tells you that the market makers don't want to know....
know much but about what it means, but what i can say is you got back in at a very good price mate gl to us all i am sure the experts on here will answer your question tomorrow
After offloading last week I've been tempted back in on the news this morning. So where do we think this leaves us regarding the "patents"? Is the show back on the road?
buys all day and 1 sale lovely
I think it was a Paros document as it was technically an acquisition by Paros but reclassified as a reverse takeover. It is a good indication that Worldlink's solicitors are on the ball though (both the drafting ones in 2009 and their legal counsel in 2012). The wording was obviously watertight on the cap.
also could mean that their contracts are watertight which hopefully applies to their patents too.
80,000+ volume Buy already, 0 in the Sell column.
"Worldlink Group Plc, (LSE: WGP) the UK listed Company with gatekeeper patents on providing changing data in real time for mobile devices are pleased to announce that they have concluded their case against Paros where the Court ruled that the cap of £150,000 did apply, although Paros had claimed otherwise. Worldlink also secured a costs order in their favour." Only £150K to pay out is good as Paros wanted £700K-£1.2M. That is the biggest negative out of the way. Odd that having a judgement against you for £150K is good news but I guess in the scheme of things, everyone was worrying about the cap being held invalid. With Paros and OMT out of the way, no real threats on the horizon.
come on les youve been asleep for more than an hour, ive got some news for you ?
They have les http://www.investegate.co.uk/CompData.aspx?code=WGP&tab=announcements
There has been an rns re the takeover.. i myself still think the company is going in the right direction and just wish that some people would leave whats happened in the past in the past there is nothing you can do about it.
Ive seen it all mate, it's a big risk, I know
What that it's fallen through? We probably know that already, don't we. Do think that there'll be another offer on the table?
buys and it goes down lmao!!