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GrumpyScouser

244 Posts.

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10/11/18

18:23

Post #: 36459177
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Originally posted by ballybay ↑

Originally posted by GrumpyScouser
I'm most appreciative of your advice, thank you. My own research doesn't line up with your comments. But we shall see: maybe one of us right right.

Do take a read of the SGH claim, the terms of the PSD sale warranties and finally old statements from SGH about the BIG business: you'll find your enthusiasm is based on a misunderstanding.

Again, for the record: I would prefer for both companies to thrive as a result of good business practices rather than litigation caused by dreadful management decisions.
100% with you on that point. Unfortunately questionable business behaviors is going to be tested in the courts and Watchstone has by far and away has the most to loose by this. SGH has already payed the price for the alledged illegal behaviour by Quindell now Watchstone.
Have you weighted up the risk of watchstone losing the court cases into your investment strategy? The 50 million warranty is a better than 50/50 chance of going jnto SGH bank account in my opinion grumpy. Watchstone could easily become a penny dreadful stock if the verdicts go against them. Goodluck to you grumpy i think you'll need it.

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Well we shall see Stressed? Not me.

Take a re-read of the claim and response just so you're clear on the basis of what SGH are claiming.

And then: research why the courts carried out their most recent action (in WTG's favour) in this saga in the light of the news about the UK operation.

SGH Price at posting: $2.72 Sentiment: None Disclosure: Not Held
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