bonfield
- 21 Jul 2006 12:50
After years of being heavily touted by certain tipping services, WMK has fallen rapidly from grace. Is it now at bargain levels close to multi-year lows or just on a ledge and ready to drop further.
A quick glance of the last accounts showed a bit of a cash outflow but no horrors apart from that. Cash in bank and debts of a manageable size, anyone care to put a value on it?
P.S. I don't know how to post streaming charts btw so feel free.
diydave
- 26 Jul 2006 23:14
- 3 of 10
Locked in again, its becoming a habit. Was away last week when broker rang me. Apparently he wanted me out at about 90p but it was down to 60 odd when I got back. Seems to me, in line with bonfields comments above, that there has been an over-reaction to the takeover negotiations failure and that there is no reason that the company should go down the tubes... but at what growth rate now?
However, my broker was scathing about the current management's "all eggs in the one (takeover strategy) basket" and their complete mis-management of the negotiations. It remains to be seen whether they have a sound plan B for survival or if they've Blair-like not considered the future at all. Too tight to call at the moment but I've lost most of my outlay anyway, so in to the bottom draw with them!
moneyman
- 30 Aug 2007 18:54
- 4 of 10
Guys must be time to revisit WMK at this price.
moneyman
- 31 Aug 2007 14:40
- 5 of 10
Moving up nicely today.
moneyman
- 03 Sep 2007 12:04
- 6 of 10
Bid up on PLUS this AM.
moneyman
- 02 Nov 2007 16:03
- 7 of 10
Buyers now coming in after a vicous drop.
moneyman
- 05 Nov 2007 13:08
- 8 of 10
Interest now picking up at this low level.
moneyman
- 07 Nov 2007 12:32
- 9 of 10
Some serious price action today.
diydave
- 07 Nov 2007 17:00
- 10 of 10
But why? I contacted my broker who got me in originally (at 160p!!!). He remains strongly against averaging down even at this 10 to 1 ratio. Shall watch with interest tomorrow. And probably kick myself for missing an op. but even if I double my investment, I still need a double to break even.......