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Filthy Forty Walcom – the Wagnerian opera continues, but for how much longer?

By Nigel Somerville, the Deputy Sheriff of AIM | Friday 29 May 2020


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.


AIM-listed Walcom (WALG), one of the handful of remaining members of our AIM-China Filthy Forty has once again updated the market over its grim financial position……and the CEO loan which has still not arrived. This melodrama has been ongoing since January – one wonders whether the company thinks that if it drags on long enough the Fat Lady, who has been well warmed up for months, will finally be too hoarse to sing. But I fancy the denouement is now on the way.

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