Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Watchstone (WTG) has offloaded another of the joke/frauds bought during the Rob Terry era to its management at a stonking loss. The sale of Quintica for £1.35 million is good news for Watchstone but shows once again what a crook the fraudster Rob Terry was.
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Comments
Kolo
Another shockingly poorly performing company crawls out of the woodwork – Quintica.
It takes me back to the rebuttal of Gotham document from Quindell in April 2014, where they said that every acquisition they had made had performed on or above their profit targets. We now see as this all unravels, that it was just a slip of the tongue, and in fact what they actually meant was NONE of the acquisitions made had hit their profit targets.
Unbelievable Jeff !