WGT- what are traders views on the Company results out today

Company Wigmore Group (The) PLC
TIDM WGT
Headline Contract Win
Released 07:00 26 Jan 2004
Number 6075U


RNS Number:6075U
Wigmore Group (The) PLC
26 January 2004


The Wigmore Group plc

1.2m contract win

AIM listed support services group The Wigmore Group plc is pleased to announce
that Speymill, it's Leisure and Hotel Division, has been awarded a 1.2m
contract by Closegate Hotel Developments (Stevenage) Ltd.

Work on the new hotel situated, in Stevenage, is scheduled to start in late
January. The project comprises of a design and build to form a developers shell
for a new 5 story Premier Lodge hotel with 115 bedrooms and includes restaurant
and bar facilities.

The contract period is 18 weeks and is worth in excess of 1.2m.

For further information please contact:

Peter Hewitt Executive Chairman 01293 423 301
Peter Grisman 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


This information is provided by RNS
The company news service from the London Stock Exchange

END

Just the type of news feed we are expecting, nice to see it so early in the new year.

Good & positive news... Price should double over the next month or two. the next results should be good etc..

Given that this share has consistently dropped recently; does anyone have any hopeful news or other rational reason why I should take the opportunity to increase my holding? I bought some at 1.2 and have watch them fall ever since - now could be agreat time to get some more - but not unless they are really likely to climb back.

Any opinions?? (please!!)

Well, my opinion is not to be trusted ! just look at my previous posting back in January ?
Just shows what I know ! I wasn't the only one to be stitched up though.. I've still got my original holding of 35k shares, now worth next to nothing, so I'm holding on.

You'll need to do more research on this. I haven't read the company releases in detail. Is there any dilution of shares involved ?, if not, then IMHO it could be worth a punt, assuming all the bad news is out of the way.
It would be nice to to see some contract wins etc..

I'll do what I can of a financial analysis to see if the asset worth actually has any worth. If I can get enough decent info., I'll post it.

Thanks, skyhigh.

Looks to me that the market has already voted with its feet..

why have the shares magazine not mentioned wigmore afterall they reccomended them?

It's because they do not want to draw attention to themselves as they got it completely wrong.

shares magazine lost investors a lot of money and dont want to talk about it.How much research DO THEY DO.

shares magazine lost investors a lot of money and dont want to talk about it.How much research DO THEY DO.

If Peter Hewitt goes it will be worth a punt

SOME GOOD NEWS

Derek Pain, one of Saturday's Independent's private investor diarists, features Wigmore (WGT.L), as he highlights the vulnerability of smallcap shares. He reviews recent events and noted that two slow trading quarters attracted the attention of its bank, despite having an encouraging order book and a terribly dilutive fundraising was undertaken. However, according to Mr Pain Wigmore should survive, but it has "lost the ebullient image that once made it such a promising player on the small-cap stage." The shares were unchanged from Friday's close and stood at 0.43p.

NB: The prices quoted above were taken on or around 11 am on Monday 21 June 2004.

Announcements

Jesus SAGEM give it a rest!!

Here we go ! WGT going down,down, deeper 'n down ! next stop = .001p

Oh gee!!! Thanks, Skyhigh! :))

Tell it like it is! that's what I always say...
I've got 50000 shares that I've held for nearly a year (bought at 2.69p) I've lost practically all the value. Wish I'd put a stop loss on this to minimise the loss. It's too late now so.. .will hang on for a recovery. Don't care how it comes about or how long it will take. :)

I have a large holding in Wigmore and will waite for recovery. Their is no reason why this company will not recover. They have a very high profile customers plus a 12 MILLION ORDER BOOK. Given time more contracts will be achieved. Look at their web site and their clients.

CLIENT LIST




Austell Brewery
Belgo Restaurants
British Airways
Charles Wells Ltd
City Centre Restaurants
Compass Group
Crawley Borough Council
Daniel Thwaites
De Vere Hotels
Elbow Room
Everards Brewery Ltd
Gala
Glendola
Gray and Sons
Greenalls Pubs and Restaurants
Green King Pub Company
Grosvenor Inns Plc
Kentucky Fried Chicken
Luminar Leisure Ltd
New Downland Housing Association
McMullen and Sons
Millhouse Inns Ltd
My Kinda Town Plc
Market Taverns Ltd
Out Of town Restaurants
Perthshire Leisure
Pizza Express Resturants Ltd
Pizza Hut UK Ltd
Punch Taverns
Queens Moat Houses
Regent Inns Plc
Rolls Royce Plc
Samuel Smith Brewery
Scottish and Newcastle Retail
SFI Group Plc
Six Continents
Southdown Housing Association
Taipan Taverns
Taylor Woodrow Development Ltd
Vanguard Leasing
Waterfall Holdings
J.D.Wetherspoon Plc
Whitbread Plc
Wizard Inns
Wolverhampton and Dudley
Worthing Homes Ltd
Yates Group Plc

Jesus Sagem give it a rest.