Westminster Share Discussion Threads

[runwaypaul] 07/3/2017 10:35

Im sorry but you do have form for calling this seriously wrong in the past and I have a hunch youre likely repeating that bad advice.

[youkme] 07/3/2017 10:31

They have been advising for a second Captain for the ferry for years! It means nothing with this lot. 5 years since they were GIVEN the only contract they have ever got!

[runwaypaul] 07/3/2017 10:29

the hiring of the staff is for all to see...

"the Company has been actively preparing the required support structures and infrastructure necessary to deliver the projects, including organising a complex supply chain. "

expecting news anytime personally

48

[abergele] 07/3/2017 10:28

more buys than sells now,but the m/m's carnage has been done ,giving way to rollies.imho and still at red status as I post.

buys.507368.....v.....sells 329161..approx t 09.56am...what gives ...

[runwaypaul] 07/3/2017 10:25

one only has to look at the likes of BLUR to see what kind of effect the expected contract will have on the price here.

"With the major airport contract discussions largely completed"......

well worth tucking a few away at these prices imo

[youkme] 07/3/2017 09:49

Why has someone voted down a fact post? strange folk around a someyouwin

[youkme] 07/3/2017 09:44

Graham; a good post. Shame you will never see such a post on lse imo

[runwaypaul] 07/3/2017 09:41

isn't that the point of being listed on the market-to raise funds?

[graham1ty] 07/3/2017 09:37

I am puzzled by WSGs assertion that they are almost EBITDA positive. In Feb 2016 they said "This enbled the Company to produce an overall near break even EBITDA during the month". In June 2016 they said "Group close to EBITDA break een". In Sept 2016 they said "Positive adjusted operating EBITDA" an in Feb 2017 they said "Expected break even at the adjusted EBITDA level".

Yet, since Feb 2016 when they suggested they were nearly at break even they have had FOUR fundraisings, raising £3.475m. Even in the last four months they have had to raise £1.7m.

Nothing has changed with WSG: no contract, massive cash burn

4/10 £250,000 in placing at 33.5p
4/10 £500,000 in placing at 41p
8/10 £505,000 in placing at 20P
10/10 £1M in placing at 25P
7/11 £625,000 in placing at 12p
4/12 £500,000 in placing at 17p
7/12 £1.4m Loan Note
2/13 £1.48m in placing at 30p
4/13 up to £5m at prices yet unknown
6/13 £1.18m convertible loan note
7/13 £100,000 drawdown from EFF
9/13 £700,000 drawdown from EFF
9/13 issue of 4.6m shares against the Convertible
9/13 £200,000 under the EFF
11/13 £530,000 under the EFF
3/14 £450,000 EFF/new investor
8/14 £1.25m at 40p
12/14 £1m at 25p and 33p ( EFF)
4/15 £2.3m ( gross) from CULS and EFF
10/15 £1m gross from CLN.
2/16 £475,000 Loan Note to Darwin
6/16 £1.3m from institutions at 10p
11/16 £1.1m from Darwin
02/17 £0.6m from a new investor at 11.625p

They have had TWENTY TWO fundraisings since 2010 raising £18.5m. Over seven years that averages £2.6m per annum or £0.6+m per quarter.

[graham1ty] 07/3/2017 09:35

I am puzzled by WSGs assertion that they are almost EBITDA positive. In Feb 2016 they said "This enbled the Company to produce an overall near break even EBITDA during the month". In June 2016 they said "Group close to EBITDA break een". In Sept 2016 they said "Positive adjusted operating EBITDA" an in Feb 2017 they said "Expected break even at the adjusted EBITDA level".

Yet, since Feb 2016 when they suggested they were nearly at break even they have had FOUR fundraisings, raising £3.475m. Even in the last four months they have had to raise £1.7m.

Nothing has changed with WSG: no contract, massive cash burn

4/10 £250,000 in placing at 33.5p
4/10 £500,000 in placing at 41p
8/10 £505,000 in placing at 20P
10/10 £1M in placing at 25P
7/11 £625,000 in placing at 12p
4/12 £500,000 in placing at 17p
7/12 £1.4m Loan Note
2/13 £1.48m in placing at 30p
4/13 up to £5m at prices yet unknown
6/13 £1.18m convertible loan note
7/13 £100,000 drawdown from EFF
9/13 £700,000 drawdown from EFF
9/13 issue of 4.6m shares against the Convertible
9/13 £200,000 under the EFF
11/13 £530,000 under the EFF
3/14 £450,000 EFF/new investor
8/14 £1.25m at 40p
12/14 £1m at 25p and 33p ( EFF)
4/15 £2.3m ( gross) from CULS and EFF
10/15 £1m gross from CLN.
2/16 £475,000 Loan Note to Darwin
6/16 £1.3m from institutions at 10p
11/16 £1.1m from Darwin
02/17 £0.6m from a new investor at 11.625p

They have had TWENTY TWO fundraisings since 2010 raising £18.5m. Over seven years that averages £2.6m per annum or £0.6+m per quarter.

[abergele] 07/3/2017 08:54

youkme,
so sorry to read the above,did not know the situation you are at,
this has been the trouble with many aim shares as it seems...

more buys than sells now,but the m/m's carnage has been done ,giving way to rollies.imho and still at red status.

[youkme] 07/3/2017 08:13

runaway; I didn't have any experience at all I'm afraid and I was stupid. I accept all of that. I listened to mindless rampers and got sucked in. Its very true what people say about only blaming ones self I agree now.

[runwaypaul] 07/3/2017 08:06

didn't you think about using a stop loss?

[runwaypaul] 07/3/2017 08:02

I guess you don't trade shares anymore after that?

[runwaypaul] 07/3/2017 08:00

72 grand loss.

that must have hurt.

[youkme] 07/3/2017 07:59

Still no sign of this investor pmsl. Selling already imo

[abergele] 06/3/2017 17:32

I shall assume the late trades blue and black are both sells to help the book,plus that roll,'''''
so I make trades 309921 buys.......v........280646 sells..= 590567total...
any thoughts..still 30k approx. more buys..

"someuwin,and the unluckone"..should be what I could use as a monacle.
my mate who was with CHLL Churchill,was hoping to have had good news and retrieved his cash during last Novemeber,and asked me,if it did happen where he thought he might re-invest.!
so I said Purplebricks ,by the looks of the chart,when it was under £1.10p to buy,he couldn't and I didn't
and look at its close today...£3.50p to sell....aghhhhhhhhh,....why did I not take my own advice eh,bahhhh

[theunluckyone] 06/3/2017 17:28

abergele - totally agree but I call them a different name although still starting with the same letter !!

[abergele] 06/3/2017 17:16

someuwin,
ah yes,
daft me forgot the dilution,I should have remembered it, as a couple keep banging on about it to the detriment of holders...

Still doesn't explain how these m/m's have walked it down other than the dilution has affected the share price...but how many times can they readjust share prices to suit themselves,when no doubt we had a drop when that specific news met with our eyes and ears...crooks,

[someuwin] 06/3/2017 16:55

The number of shares held HARGREAVE HALE has remained the same but the percentage has droppped below 14% (to 13.4%) because of the increased total number of WSG shares.

[abergele] 06/3/2017 16:46

Unless there is a late trade to be reported at 17.00 or thereabouts,
It's quite criminal what's happened here that they can march this down on more buys than sells..

rns,
explains nothing as previous to triggering is the same,what gives??

[youkme] 06/3/2017 16:21

Darwin back sooo soon. Another batch being sold imo

[abergele] 06/3/2017 16:19

just back,
I believe a 25k rollie at 09.42,the sell in blue,but no logical reason for being down other than a treeshake,for he needed sells covers for the buys..imho

buys 310k.....v....205k sells...approx.?

[runwaypaul] 06/3/2017 14:52

long and strong for me.looking forward to doing v well out of this.gl

[youkme] 06/3/2017 14:31

ramp ramp ramp and dump! rinse and repeat imo