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"£1.164m was paid to the CEO. £489k was salary and £675k was bonus."
Thank God. I was really worried about how he would afford his electric and gas bill this Winter. Let's face it, he's earned that bonus.
Just received the annual report. A loss of £3.7m made up pretty much by legal costs (£1.1m) and wages & pensions (£1.9m) of which £1.164m was paid to the CEO. £489k was salary and £675k was bonus. So he got paid more than the lawyers.
The claims are going to run on into 2023 and 2024 so he’s not going to do too badly. Mind you he does have to deliver some value back to shareholders.
There must be some well paid jobs at WTG, for a company doing flip all.
That might explain the lack of activity over such a long period. Still, I understand the problem....
Would I want to end my gravy train?
Watchstone Group plc
Preliminary results for the year ended 31 December 2021
· Group cash at 31 December 2021 of £13.0m (31 December 2020: £16.7m)
So with a cash burn of over £3m a year lets hope the board can get things sorted out,
with regards litigation, before the end of 2025 !!!!
Otherwise the sp will continue to slide......
;-)
GLA
Is there anything worth talking about?
No I stopped following this turd after the last shareholder return…
If you hold WTG shares you can join the WTG forum on Blueshare...
GLA
If you think that, then you obviously haven't been following matters very closely !!!
Hint...... Litigation !!!
;-)
I’ve got a few dogs I can sell to reduce my tax bill… should this be one? Looks like it’s got absolutely nothing going for it now…
Yep. Same boat and hoping and waiting for some kind of payout but it won’t cover my losses. Terry should be prosecuted in my view but it won’t happen. Much more wary of AIM stocks as a result mind you so useful lesson learnt.
Lets just hope for better news next year.
good luck to all
Morning all,
Is this the only discussion board for WTG now ?
Previously i thought there were a couple of live chats ?
Yes Sir, I have been in since2014, not as long as yourself.
I had shares back around 2013 in Quindell when a Robert Terry was running it. I lost a lot when the scandals re mis-management of the co went public. There was the possibility of a crowd funded case against Quindell up to 2016 I think, but in the end it was dropped as deemed too risky. Quindell became Watchstone around 2014 so, if latter win their case, then us ex-shareholders of Quindell shd also get compo. Anyone here in same boat as me ?
I agree with you Sir, I see we are on the move this morning.
If anyone doubts the level of wrongdoing in both major claims, they need only read the full documentation and transcripts.
It's a long wait....but the final outcome will be positive. In my simple Scouse opinion.
Thank you for responding, I hope so too, I believe in the end we will be rewarded.
After todsys rns you'd hope so!
Can we expect a price rise tomorrow ?
Please what is going on with this share ? i had few thousand over 10 years but i have not checked this year because it wasn't doing well , i just log onto my broker and found out its been marked with red cross ! trying looking for the any relevant rns but none on the platform
I would imagine they simply bought them via their broker !!
Plus a few more from the gullible who accepted their miserly offer !!!
.................................................................................................................
At the going down of the sun,
and in the morning,
We will Remember Them !
...........................................
Could anyone answer , how did polygon collect 30% plus share , was it under the radar / numerous account or full blown 1 account ?
More trades than usual listed today, although most took place yesterday. Preparing for action, lining up the ducks or mere "admin"?
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
21-Oct-21 16:13:46 38.00 821,277 Unknown* 35.00 41.00 312.09k O
21-Oct-21 16:13:35 38.00 821,277 Unknown* 35.00 41.00 312.09k O
21-Oct-21 16:13:46 38.00 -821,277 Unknown* 35.00 41.00 -312.09k O
21-Oct-21 16:13:46 38.00 821,277 Unknown* 35.00 41.00 312.09k O
21-Oct-21 16:13:35 38.00 -821,277 Unknown* 35.00 41.00 -312.09k O
21-Oct-21 16:13:35 38.00 821,277 Unknown* 35.00 41.00 312.09k O
21-Oct-21 16:13:46 38.00 -821,277 Unknown* 35.00 41.00 -312.09k O
21-Oct-21 16:13:46 38.00 821,277 Unknown* 35.00 41.00 312.09k O
22-Oct-21 11:58:37 35.06 657 Sell* 35.00 41.00 230.34 O
Calm down mr.c...... think of your blood pressure !!
They are just trying it on.... they all do it.... it's just business...
......no serious holder is gonna sell for less than a pound :-)
Relax
I'm sick of these city types thinking everything they do can be done to turn a mega profit cus its their birth right !