Member Info for ABitForward

Vet, interesting spot re Hawk and WSHP, nice one!

Yes the options at 3p are good but I’d like to see a higher SP than that. I think the fundamentals are very sound, time is the factor. I don’t get the impression anyone here is particularly fussed how long it takes for the announcement we are waiting for, it has to be by 25 May.

WSHP:

Great they are building their client base, some big names continue to sign up. Regarding Dec sales figures, you say not long until an announcement, have they communicated when exactly?

WCAP:

Interims will give some low purchase prices here unless of course the DCB news comes before. I honestly think that if I were Hawk I wouldn’t be in a massive rush to extend just yet, especially as the current deal has months to run yet. Why not wait and monitor the performance of wshp before rushing to a decision, there’s literally nothing to lose in them doing that.

All that said, if it does happen before 25th May, excellent!

1041.49 actually, apologies folks

The black trade just posted was cancelled. There was a mill traded at 10.49(ish) though.

I don’t know charting but that sounds positive.

I think this is one big dip compared to where it could be, but you are right, whatever the chart says, the absence of DCB news will mean this drift continues. I still think that there will be lower in the short term given the impending interims, but that’s no probs and certainly not bad news, just is what it is whilst we wait for the news we need. Another day closer to 25 May…although today would be nice and then all bets are off!

WHSP need to get the PR machine whirring in the U.S., volume is microscopic right now.

That one is delayed from yesterday afternoon by the looks of it.

Nice to see WSHP continues to grow their accounts. Hopefully this kind of news gives Hawk the confidence to extend the DCB to Nov, sooner rather than later here.

Because I’m happy to wait for the announcement, they aren’t going to give little old me the date ahead of time and to be honest, for once, I think I have an idea as to the variables as there aren’t many. DCB extension - a given hopefully, announced when? - at some point between now and 25 May. As I said earlier, main market would be nice but a let’s get one thing sorted at a time.

I know they stated this from the 4th Dec RNS -

“The current priority for the Company is engaging with the DCB holder to find a solution that unlocks the highest possible value for WeCap shareholders.”

and Tom Richardson says -

“….it means that WeCap can focus on the valuation disconnect between the Company's equity holding in WeShop and the market capitalisation of WeCap.”

Is there another communication somewhere that says “as soon as possible”? I’m delighted they are prioritising shareholder value, and if it’s sooner rather than later great, but it’s not a given in my opinion, definitely happy to be wrong though!

I know it was another poster, and as I say, I certainly won’t be partaking in make believe. All the info you can make an informed decision upon, on this very straightforward investment, is in the public domain now. Any speculation as to what is coming and when is exactly that. Not bashing, not deramping, not trying to hurt your feelings. The simple fact is that whilst we are in this state of limbo, everyone will have their own strategy. Having a position is a good start in my opinion, how/when you build it is up to the individual.

No need for that rhetoric Vet, I don’t think anything I’ve said is unreasonable, unless you’ve got info to debunk it all in which case I’m happy to be wrong. My position here now and future are very clear. If it “flys” now then happy days, if it “flys” later, happy days. I’m not going to be announcing I’ve paid £260 for “inside info” here so sorry if that’s upsetting, doesn’t constitute a “subtle deramp”🤣

Some good points been made (if a little antagonistic at times).

Clarity around the DCB has been earmarked as a “priority” for WeCap, great, but are Hawk going to be in a rush to agree to an extension given the existing arrangement has until 24th May? There is logic in the thought that they may well wish to monitor WSHP’s performance for now and see where things settle, it would seem sensible and the least risk option for them at present.

The SP reaction will be interesting here as well. I believe (as do you all I’m sure) that this SP, whilst cheap, will get cheaper in absence of clarity of the aforementioned, particularly when they put out the interims. Great buying opportunities for those with a few spare quid.

Assuming an extension is agreed at some point in time, I’ll be interested to see how high this goes. Owning 11.8% of WSHP’s shares both directly and indirectly is a good amount, I don’t think it’s as straight forward as some think though, Nasdaq and Aquis are very different markets and this isn’t a dual listing (obviously), so this needs to be credible in its own right, a move to main market would provide better visibility imo. For me the status quo remains, hold what I’ve got for now, buy as many as I dare through Feb/Mar/April and hope the DCB gets sorted some time in there. If not before (which hopefully it will be), then by the time we get to May, we should have a pretty good idea.

I’m not on X, so don’t know what was surmised. I do know that in the RNS update last month that it was said that - “The current priority for the Company is engaging with the DCB holder to find a solution that unlocks the highest possible value for WeCap shareholders.”

This doesn’t necessarily hint at a timeframe imho, however it’s heartening that a solution is a priority, and let’s face it, it would be fairly unlucky if they were denied the extension given the end of lock up period would only require another 6 months.

Could be different, but I can’t imagine it was not a priority last time either. Nevertheless from our side sooner is better than later for sure.

However, if one believes in this, then later would potentially provide some even bigger bargain basement prices than we are seeing now.

If the previous DCB extension is anything to go by, it’ll be announced post period end, so 25th May 2026. Agreed there’ll be nothing much in the interim results.

For me, the next few weeks have become fairly straight forward. Hold for now….if the DCB situation is resolved positively, hopefully this starts to move, or, we get towards the end of the month, interim results won’t show much (a loss), SP will reduce further. Then it’s decision time, buy a load at v.cheap prices, or continue to hold at my current level. If the DCB not extended, it’s bottom drawer time for a while.

I’m thinking interim results published at the end of this month(‘ish). It will be interesting to see how those read but can’t imagine there’ll be any great revelations.

Poor lad on here paid £260 for those figures. I think we’ll all know for sure once the obstacle is clear here. The only certainty is that we’ll have to know by May.

There’s too much expectation that this is going to fly all over the place purely on the movement of the Wshp sp. It’s already evidenced that this is unlikely to be the case until the DCB situation is clearer.