Pos 98 I am not on any side really. QPP (WTG) is sitting on a...

Pos 98

I am not on any side really. QPP (WTG) is sitting on a large pile of cash , a number of businesses which could be sold off (eg canadian clinics ?$40M) & nominal short term profits. WTG has even appointed Muckerjee to oversee these businesses and tidy them up. There is even an RNS to show how he has been incentivised to sell the businesses. WTG also announced they had had an approach - but rejected as unworkable in short term but which could result in a subsequent revised approach. WTG chairman was parachuted in and I bet wants out.

WTG also has its Telematics Data management business. Every car now made has telematics inbuilt. Some co has to manage that data to enable insurance company actuaries to radically improve risk assessment based on an individual driver. Talk to an ins co actuary and they will tell you why telematics is really really exciting for them ( who processes ins claims isnt ) . Put simply the improvement in individual risk assessment will enable ins companies to reject too risky business and target good drivers.....enhancing profits.

SGS is a "services" bulk processing company with effectively an ins co customer base. SGS is much enhanced by being in a group with legal clout ensuring ins cos can be less dismissive with litigation as the SGS option now much higher on the scale.

It can be argued that The Huge growth in telematics data management is a service SGS could take on.
It could do so as a JV with one of the big boys ( eg Vodaphone / BT/ Facebook/ Google etc>) until it becomes huge .....and, trust me , SGS would be bought out. Data Management for cars ( telematics) is going to be huge in time. SGS solves problems for Ins companies. Why not incubate the next 5 years of telematics? Short term WTG has too much money not enough profits. Short term SGH has too much debt and WTG amalgamation would finish the job of SGH takeover of QPP and provide it with a new division in which rapid growth almost inevitable. The Problem is the "new division" would need the right "Geek" leaders and they wouldn't be lawyers.

This is a debate and nobody is discussing. It could be the daftest notion I have ever had ....but SGS
has the same target customer base as WTG telematics needs. .....and Ins cos need it and quick.

Mel