Member Info for Wilfred1

Nice one for those whp read the script.. ie, director buy in the face of negative sentiment in the ,market They deserve to succeed... long may it continu

Lets just hope for better news next year.
good luck to all

Maybe they will pick up some passing trade in the queues forming for jabs, maybe they wll set up some trade with the local pub groups, hoteliers and restaraunts, with some promotional literature, etc..This could help fill the gaps caused by the cancellations of bookings, etc..

I guess that many of those invested in Vodaphone will be thinking likewise, but the debt situation is different, along with the slow-ish take up of 5G

Yes, very gloomy bunch.. most stocks have been trending `south` this past few weeks or so.
Anyone remember the great Atlantic telecom debacle. when` they ` issued a fairly positive outlook statement in the June 2001..only then in September to tell us that it was now bust to the tune of circa 400ml, I understand. Right bang on the half year reporting stage ?? They couldnt even bring themselves to publish the figures for the half year then just ending???
And no-one was able to ask any searching questions re the reasons for such a dramatic collapse??
No prizes for guessing who was advising on that occasion.. apparently the bond holders were getting `cold feet` regarding there money, and called `time` on things before it got any worse...or was that really `better`. who knows. But no accounts were ever produced by ATN to cover the period in question. In just over 3 months they went from `cusp of a wave to bankrupt` and little was actually said to the shareholders about what had happened. only the the bondholders had called `time`, apparently.. they had spotted that there was still enough in the balance sheet to enable them to get first bite of the cherry, if the business folded.

Hopefully something more sensible will materialise..

I read somewhere in the Telegraph that this was what is fueling the takeover stocks.. ie, the sharks are out looking for bargains.. Isn`t this what has DRIVEN SAINSBURY`S.
However, we`ll need to keep tabs on the latest tax options the tories are planning. That could put a damper on economic growth. but I have to agree that such social benefits cannot come free They do need to be careful regarding the pension crowd.. they are living on a knife edge and look to be easy targets

I see the BOD have poured `cold water` on the latest offer from Polygon.. and with much chatter in the market just now regarding the value of these `so called` cash shells it might be interesting to see what else comes out of the woodwork. Time for investors to keep the powder dry on this one I think.

Polygon`s latest offer...a very look warm pittance. I`m presuming the board will be holding firm on this?
So i ill be interesting to see what comes of the court case.. should it ever get that far.
I1`d expect a settlement out of court, which might lead to a return to shareholders of say circa £1 a share. thats just my guess.. anyone got other views on the progression of this matter

Absolutely. this bunch of asset strippers are having a laugh. Our board have been very clear in there efforts so far to maximise returns from this business. And yes. patience is required, but so far ther track record looks very good I`d say. And I understand that Polygon actually were running a short position against WTG.. and yet here they are trying to buy up the remaining stakes... no deal is my responce to that `offer`..

Please ignore the link mentioned below.. anyone heard back from the Polygon crew yet ?

https://www.lse.co.uk/ShareChat=WTG.PL&share.asp?ShareTicker=Watchstone-Group-Plc&thread=2FF0CE30-10AA-42B7-A20B-26161CA8D524
My view is that we should hold for a better offer...
Just as a further point here.. you will know that the first closing date was 6th Aug.. have they decided to extend the dead line? Hopefully they have taken the hint from investors and decided either to significantly up the offer, or to withdraw and let the courts decide, or go for a signifantly improved offer to settle out of court...

The first sentence (below), should have read as follows..
That's true.. I`m wondering how far away they are from `dunning` the shareholders out of there money..
I see the first deadline date went by on the 6th of Aug...

Basically, the investors, I think, would like to have the real value of this business, and given some compensation for the follies which have led to the present state of play.. So a fair settlement reflecting the legal wrangles, which are outstanding at present lead me to support the company`s position on the claims that they seek proper settlement for..

Thats true.. I`m wondering how far away they are from dunning the shareholders out of there money..
I see the first deadline date went by on the 6th of Aug.
Anyone know when the second deadline will come along??
and to think that they were shorting wtg recently... a cunning stunt??

They will be reporting soon..it will be interesting to see how things progress. Certainly the gold price is not bad at present I wouldnt mind seeing someone of Hambros calibre back the helm again. It should certainly help keep the party`s straight

Have you had as call from some group representing Polygon, asking qns like .... Are you a shareholder for Watchstone grp.?
and `have you had the paperork for the offer? then the crunch qne..
how are you intending to vote??
I`m wondering if this was some kind of hoax.. or maybe they are getting desperate..?
Or is it getting to close to call??
Hopefully they will be booted out with there offer...

Have you had as call from some group representing Polygon, asking qns like .... Are you a shareholder for Watchstone grp.?
and `have you had the paperork for the offer? then the crunch qn..
how are you intending to vote??
I`m wondeing if this was some kind of hoax..
Or is it getting to close to call??
Hopefully they will be booted out with there offer...

I`d expect that this share will now be seen as a serious recovery play, and as such, should be attractive to funds looking for such stocks to add to there portfolios. I`m expecting this hare to recover in the cpming months.

Remember the old addage `go away in May and return on St Ledgers day`, sometime around Mid September if memory serves me..

Fair comments. my gripe about Barclays is that their top executives (market traders, etc), in line with other banks, don`t seem to have taken any pay hits, as far as I`m aware, yet they`re closing down branches, left, right, and centre.. Many of these branches are very well equipped to deal with some strong, well placed financial people, whom Barclays might regret losing, if they are not careful.