Member Info for lindoser

"""However, as far as WTG is concerned,you are unlikely to find a single post in which I have offered anything other than good wishes to shareholders.""" Don't need to look very far back do I. Today in your 8:36 post on this thread says it all really! I do understand why you might have a bugbear with RT considering your stated financial loss but taking it out on current shareholders will not return you anything. Perhaps you get some satisfaction from doing so and see it as therapy? ATB with your future investments

Grumps, I already answered that one. Oh but look we have a "new poster"........With a crystal ball......next

Rocal and addicknt have always posted negative views on this board, from my recollection neither of them hold any shares but often like to have their 2 pennies worth. I don't fully understand why anyone would spend so much time bothering to post on a share they don't even hold?.........Its just sad IMO they need to do that.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=WTG&ArticleCode=y7fr12id&ArticleHeadline=Holdings_in_Company Blue Mountain?

Well said IMO

what a surprise, big orders filled after the close..........mates rates no doubt! moniman I agree with you on the auto/electric side of things, thats why I don't think they would consider a bid. They don't need to now IMO. Lets see what the analysts think ; )

Cant complain with those results at all. Well done BoD in turning things around.

£50k buy at bargain conditions. How did they manage that I wonder! Price dropped to take out stops...........Nah that sort of thing doesnt go on....surely

After reading this article it could be one or more of many. "Under the new structure Anchorage will emerge with about 50 per cent of Slater & ­Gordon, while Davidson Kempner, out of Hong Kong, and US funds York Capital Management, Taconic Capital and River Birch Capital will also have substantial shareholdings. Two of the original lenders, Merrill Lynch and Deutsche Bank, are believed to have retained small stakes." http://www.theaustralian.com.au/business/mergers-acquisitions/hedge-fund-anchorage-to-control-slater-gordon/news-story/e36110d15bcd4b47864d9ea86c8c6d73 "The deal is dependent on a raft of conditions, including the green light from the Foreign Investment Review Board, a shareholder vote and court approval. It also depends on settlement of a class action brought against it by rival labour law firm Maurice Blackburn over the Quindell deal and its hollowed-out share price." From reading the hotcopper bb it appears some of the top lawyers have left Slater & Gordon since to set up on their own. If that is the case how many other staff and clients will they take with them? What if anything will be left to save?? Also how many more class actions will be brought against them after the recent out of court settlement???

SP gets dropped early doors, lets see what gets sucked up later! Any idea who it could be?.....Can't be many PI's left holding now that are willing to sell at this price. IMO Anchorage could be playing it both ways.

I agree with most of that Mayfield, perhaps they know a bit more than us about things that went wrong and who to blame! Busy atm will expand on my opinion later. ATB

Mayfield, were the jibes not warranted considering the lack of focus from RC that created the downward spiral in the SP? Don't get me wrong I think while Rob had his eye on the ball he did a fantastic job, but basically I think now he has better fish to fry.

£2 gone Matt........Can I borrow your crystal ball ; )) Do you see NCC going back into the 250 by the next review?

Lol........Marsh I did those windows last week and they were sparkling, must be all the dust after all the sweeping up you did and the photo copier has a very strange imprint on the top?

Looks like JPM have now reduced (see link for shorttracker in earlier post). So that is 5 out of the 6 notifiable reported so far, must be thinking the same thing maybe. How will they all cover the rest? Also late reported buy trade's from 19th for over £1.7m showing last night. More latent buying will be done IMO.

Very good presentation well worth watching. Considering the short space of time since Stone and Tenner took over they certainly seem to have got a grip on the situation.

http://shorttracker.co.uk/daily/ That was on 17th, will be interesting to see how many more will be reported since then!

Matt, thanks for the link will have a read later when I have a bit more time. I got the impression looking at Rob Cottons twitter account a few months back that he was much more interested in his cycling than running the business, midlife crisis perhaps! At least he did the decent thing and resigned so that things could be turned around by a more dynamic team.

Excellent indeed. Just seen the RNS and as you guys say what a great vote of confidence, putting their own money where their mouth is. Thanks BoD

I see what you have done now, you have mish mashed two statements together Lol The second one being part of the usual risk assessment criteria. Just to add a bit of balance this is how they plan to manage that risk. "As part of its medium term strategy, the Board remains committed to making value-enhancing acquisitions. The need to establish a robust and scalable 'Target Operating Model' for the Group, including integrated ways of working, processes and systems, means that the Group is less likely to make any material acquisitions for the next 1 to 2 years while that TOM is put in place. Furthermore, the significant write down in the carrying values of goodwill following the acquisition of Accumuli and Fox-IT has led the Board to commence a review of our acquisition process and disciplines to identify areas for improvement and ways in which to reduce the risk of future impairments on any new acquisitions. This includes developing a more robust post-acquisition integration process to deliver targeted benefits." All opinions are welcome. ATB