Westminster Share Discussion Threads

[followtheleader] 21/12/2016 10:35

In recent weeks this has become a two-way race about whether the ME contract will drop before Darwin can short sell in January (or possibly in advance of that).

If the latter Darwin short selling comes first then there should be opportunity to buy much cheaper.

I for one am happy not holding any presently

Just read the RNS with that in mind before you rush in.

[owenski] 21/12/2016 10:25

The only thing that can be said here is - when's the next cash call, lol

[graham1ty] 21/12/2016 10:20

Follow, agree, that RNS adds nothing to the sum of human knowledge. In fact, they cannot announce any new contract, so they are not imminent. With Christmas and New Year, this means any progress now confirmed as pushed back until Jan.

[abergele] 21/12/2016 10:20

86k+ delayed buy at 08.35am..showing as sells,,again the old smoke screen proceedures,whose ever share you own on aim..

Long term hold from now for me,maybe £1 in a couple of years from now,who knows..gl

[followtheleader] 21/12/2016 10:12

I've read the RNS and for me its full of the same non-specific mumbo jumbo that they all are. Pinpoint detail is scarce.

I see now also that working capital requirements from the fundraising have come to the forefront in the mentions which was always my fear. The big question mark has to be that if all is going with £100k revenues here and there and all is progressing swimmingly why the need to go back to Darwin???????

If anything the RNS has confirmed to me even more that Darwin will be able to short sell prior to any ME contract being delivered.

Its a day trading opportunity at best for anyone who bought yesterdays and I wont be re-entering just yet.

I'll read it again but that's how it comes across and that's what I think.

[loobrush] 21/12/2016 09:54

So still on track with all possible contracts.
These contracts with governments can take a little bit more time than expected however the potential is all there with the support of the government.
To my mind westminster will be a real winner next year and they could win maybe two or three of these contracts next year-what would the share price be then.
There obviously is a lot of work going on behind the scenes to secure them and I wish them the best of luck.I'm adding some more at this price as next year should be transformational.

[someuwin] 21/12/2016 09:13

Moving up nicely.

[abergele] 21/12/2016 09:07

Just about to cross the first hurdle of recovery..the 9 dma..

[78andy] 21/12/2016 08:40

Airport deal could drop anytime

[youkme] 21/12/2016 07:31

Whats the point of that? Darwin to off load?

[someuwin] 21/12/2016 07:20

All sounds quite positive.

[broncowarrior] 21/12/2016 07:08

Graham, because it is quite important...

[broncowarrior] 21/12/2016 07:07

Not bad but I'd guess the airport deal is still 2 or 3 months away.

[doodlebug4] 20/12/2016 22:16

Perhaps another "pointless company" someuwin?

[graham1ty] 20/12/2016 21:35

Bronco "cannot see why it would fall through at this stage". How about "cannot see why it would be signed at this stage". The East Africa MOU is now 5 years old. This Middle East MOU is months old,, the Letter of Intent months old. Any one looking at WSG as a potential clients would see a bankrupt business, with no working capital to take anything on. Dig deeper and look at their track record as a "security expert". One contract at Lungi with well documented security breaches. One ferry contract with a two year delay to starting.

[broncowarrior] 20/12/2016 21:15

Annoying, don't like statements about contracts that appear to be imminent but then drag on for months. Will give them the benefit of the doubt that they are dealing in a fairly difficult jurisdiction and contract negotiations can take ages.Can't see why it would fall through at this stage.

[kreature] 20/12/2016 18:51

Would it be worth making the bigger boat into a casino or a hotel, or something better suited to a more stationary dwelling?

[followtheleader] 20/12/2016 15:10

Chasing rainbows is a really good analogy.

What are your thoughts on Cloudtag. They seem to have raised money via one of these controversial loan agreements also?

[barpy] 20/12/2016 10:29

Yes follow, there has been a lot of chasing rainbows that means everyone is thinly spread. This is where a proper BOD would have reined this behaviour in and become more focused. Where all those opportunities there in the first place as you say, hard to say.
As for the uptake of the share price the metrics for a week and a half of the share price may not be helpful, per month will be better. Have they found another captain yet?

[youkme] 20/12/2016 10:19

Ferry up and running though surely? Princess at least

[barpy] 20/12/2016 10:10

Could the SQ be used to connect to Conakry? Is it a viable route? Open water, no silt. They're not going to dredge the whole of Freetown just for the SQ.
Buying in a boat not fit for purpose looks so colonial.

[followtheleader] 20/12/2016 09:24

Still no news.

Not even ferry pictures with a substantially full ferry?

Full steam ahead to Darwin

[graham1ty] 20/12/2016 03:02

Youkme, lots of us agree with the sentiment, but please restrain the language ! We do not want this board to be like LSE. Cold rational analysis of WSG will win over obscenities.

Anyhow, in about 2012 I bet someone on here that thee would be no contract by the year end, and the bet was £10 per days delay all to go to Save the Children in Sierra Leone ( this was even before Ebola). Anyhow they never took the bet, but Save the kids would probably be £10,000 better off if the bet was still open !