Wigmore is now turning a profit. A great little support services company that looks as if it is going to shine over the next few years. IMHO Any thoughts appreciated.

Fundamentalist

My comments were in response to Maxton's query. 10p was suggested as a target price based upon growth to come. I have concentrated on Mears (45%) and ROK(115%+) in the last two years. I still hold these and in ROK's case I am convinced I will double my money again. I then checked out WGT last year and saw a great future based upon all the information available. I expect significant growth in contracts - turnover and profit. We may also see takeovers in the next two years to further expand the business. I like this share a lot and don't see 10p being a problem, what I can't foretell is how quickly we are likely to get there. I said yestreday that the 2.5p wouldn't be around for long and we are up 10% today. It might drop back before going forward but I am convinced these levels (whilst fair value on paper - so you are right) are far to cheap for the story which is unfolding here!!

Thanks guys,

I shall keep a watching brief until the results are announced - anyone know what date they are (or am i right in assuming a date hasn't been announced). Good luck to all holders.

Prophet - ROK still being tipped by Hemscott analyst (both a month ago and again today) - I'd still be happier if they bought out GFRD at a nice premium lol!!!

Well WGT up another 4% today and still we await the news which surely must be coming sonner rather than later. I wonder if we will see enough volume in the morning to take us higher? Nice tick up on ROK as well today.

Yes, SP is still moving up.. gradually. There's no announcement of when the results are due yet.. last yr, full yr results came out on 30/06/03 and interims came out 19/09/03. so it's anyone's guess as to when they will announced this yr...

Contract win announcement today for 1m... looking good but results are probably still a month or two away or they would have released at the same time.. unless there are more potential contracts wins in the pipeline due to be complete soon. :) SP should continue to strengthen over next few months I reckon :)

A relatively small contract but for Blanchards which is encouraging. The Local Authority market is huge and once in you stand a good chance of contract renewal and other tenders. I think these issues are more important than the actual monetary value of this one. More could certainly follow. IMHO

100k buy just gone through. Wonder if we will see further upturn on volume shortly?

Tuck these away because they should do well over the next 3 years - taking any short term profit on the results may prove foolish.

I expect them to continue to buy other unquoted companies in the next 3 years copying the Mears approach - and share price gain.

Company Wigmore Group (The) PLC
TIDM WGT
Headline Re Contract
Released 07:00 29 Mar 2004
Number 0088X






RNS Number:0088X
Wigmore Group (The) PLC
29 March 2004



THE WIGMORE GROUP PLC

Speymill - 700,000 Contract Win

Aim listed support services group The Wigmore Group Plc is pleased to announce
that Speymill, its Leisure and Hotel Division, has been awarded a series of
contracts by The Spirit Group worth, in aggregate, over 700,000.

The contracts are for the refurbishment of 28 pubs for The Spirit Group, as part
of their planned refurbishment of their estate throughout the UK. The contracts
start in early April 2004 and run for 8 weeks.


Peter L Hewitt
Executive Chairman

____________________________


For further information please contact:

Peter Hewitt Executive Chairman 01293 423 301
Mark Sidlin Finance Director 01293 423 319
Jeremy Porter Seymour Pierce 020 7107 8000

Note to Editors:

The Wigmore Group PLC (LSE: WGT) is a focussed support services group deriving
its business from a mixture of term contracts with good covenants, after-sale
housing services, domestic and commercial building insurance solutions, and
speciality contracting. It provides business to business building and
maintenance services to both the public and private sectors as well as fast
track design, construction and property refurbishment services to the leisure
and hotel sector throughout the UK.
www.wigmoregroup.com

The Wigmore Group plc has three principle subsidiaries:

www.speymill.com
----------------

www.fnpm.co.uk
--------------

www.dfblanchard.com
-------------------

Small contract but bodes well for expanding customer base.

Well results out on Tuesday. The biggest day in WGT's devlopment as a growth company yet. If the results impress the price must be ready move up. On the other hand there has ben a steady stream of sellers. My money is on WGT proving us right.

I agree the results AND outlook statement are crutial to attracting some investment interest.

There are lots of rumours about contract wins so lets hope the statment is positive and attracts some institutional buying.

Well the results point to a good future.

Nice move upwards first thing.

Wigmore suspended this afternoon.
To be lifted next Wed 5th June. but... Wed is 2nd June...anyway, must be a big aquisition due and massive placing of shares to fund it. etc.. Will be interesting to see what it's all about !
Anyone have any views ? :)

It is rumoured that Wigmore Group are buying another company together with a rights issue. I dont think they have run out of cash as suggested by some investors, they could have raised a lot more cash when they raised the 495,000 if they wanted to so that it not the issue.
Does anybody have other reasons.

Well, still nothing announced... perhaps they did mean the 5th June afterall ? on a Saturday?

This is turning out to be a real cliffhanger ! Will they be;
1)Reversing into a much a larger and successful company and the share price rockets ?
2)taking over another company but will need lots of further funding for it - share price plummets ?
3)Wigmore being taken over ? share price ?
4) or company gones or is going big tits up and folds ? share price disappears ?

Which is it going to be ?....watch this space ! IMHO, DYOR, PYO. :)

Well, surprise surprise ! It was option 4 ! :-(
Gone tits up in a big way. Share price almost disappeared. Good time to buy (IMHO) How long is it going to take to get back to 3p ?

Anyone with any views?

This was on my watch list!!!!!!!!!! by the grace of god!!