Westminster Share Discussion Threads

[threeputt] 05/5/2017 21:18

who would you include in the 'brigade' please, I have a general inkling in advance who you would suggest but I count myself as cautious and aware and it has served me well

[youkme] 05/5/2017 21:12

ok, I suppose, that bb is toxic and you can't say anything without the brigade moving in, be careful they are good imo

[threeputt] 05/5/2017 21:07

because I can't prove it even though I have my doubts, and yes it could potentially have it's uses

[donk7] 05/5/2017 16:36

Added a few at these levels. The nice thing about this share is that the ME contract makes this a 100m to 200m m/cap company (an instant ten to 20 bagger) based on a 35m revenue 15 year contract. With one contract then investors will expect one or two of the other MOU's to move to contracts.

At around breakeven levels then this probably represents the best risk reward on the market. A lot of behind the scenes Govt. support as well so I think for bigger international political / diplomatic reasons beyond WSG that means we will get the big one. Lots of stale bulls around but from the recent RNS there looks a more than decent chance this will progress to a signed contract. Then pick a number between 100p and 200p on a conservative P/E for what will be a massive growth story.

"The Company is pleased to report that the significant 15 year airport security opportunity in the Middle East with revenue potential of GBP35m per annum has made significant progress recently.

Whilst there is never any certainty of the outcome or timing of such prospects, several key infrastructure milestones in this large and complex deal have either been achieved or are close to achievement. The British government remains highly supportive and the Company are engaged in discussions at a ministerial level.

Recent events regarding airport security have added impetus to the customer. The transaction is now expected to cover a wider range of airports in addition to the main international airport. Furthermore, in the event that the contract is finalised, which at this juncture is not guaranteed, it is expected to include a wider range of adjacent services which could further increase revenue potential and a significant amount of recent activity has centred on the associated supply chain."

[graham1ty] 05/5/2017 13:45

Not much margin left for Beaufort placees.....

[argyle underclap] 04/5/2017 14:14

Graham - agreed, great summary.

Investors beware

[graham1ty] 04/5/2017 13:38

The closeness of every single MOU has been overegged.

East Africa MOU, Nov 2012, delay 54 months
Asia MOU, Feb 2015, delay 27 months
"New country" MOU, Oct 2015, delay 20 months
East Africa 2 MOU, Dec 2015, delay 17 months
MIddle east 1 MOU, JAn 2016, delay 16 months
Border project MOU, Feb 2016, delay 15 months
Middle East 2, MOU and LOI, March 2016, delay 14 months

That "adds up" to 163 months of aggregate delays, or 13 years wait !!

Just shows that the MOUs are meaningless, unenforceable, and give no guidance at all as to likelihood or timing of receiving any contract at all.

[saucepan] 04/5/2017 12:49

Just checked back and it was 29 July 2016 when the market was told:

"Contract discussions are now largely complete"

"The Company, together with UK Governmental bodies, is now working with the potential customer and various other governmental organisations in order to finalise the last few issues as a matter of urgency.

We are now well into May, 2017. What are the odds of there being a one-year anniversary of disappointment?

However things eventually turn out, the closeness to a contract was clearly over-egged and I simply cannot believe anything management says.

[youkme] 02/5/2017 13:02

never really thought of that. AGM will be all fine and some will report back just how happy they are so no need to worry about the agm

[graham1ty] 02/5/2017 12:03

Youkme, one question never answered is why it takes five and half months for this mob to report figures. There is only one major revenue stream, and even that is only a couple of £m. It also means that whenever they report the balance sheet is MONTHS out of date. At Dec 31 they will be able to report a nice healthy cash balance, having received £1.2m weeks before. The fact that there have been two fundraisings since will not be on the balance sheet, and the cash flow will not show anything subsequent to the year end.

So, but the time of the AGM everything financial discussed is six months out of date. WSG must be one of the very very last December year end Companies to report.

[youkme] 02/5/2017 08:33

Or you could have the east africa one! soooo close now after 5 years lol!

[youkme] 02/5/2017 08:32

Not even chartists and rampers clearly in the know on the placing have helped this dog. Still no contract pmsl you know the one in final negotiations lol what is it? coming up to a year! agm should be fun (na you can all pat yourselves on the back I guess and say "well done Peter" you've really added share holders value this year.

[graham1ty] 28/4/2017 13:16

Abergele, the difference that you quote is 27000 shares, or hardly £3000 worth

Not really a massive wall of money.

And you complain about the MMs. On a spread of 1p they make £1000 on 100,000 each way. Again, hardly worth getting out of bed for

[abergele] 28/4/2017 09:05

DC,
what pee's me off is that after 08'15am there's,127k of buys against 100k of sells,
but it has little or no affect on the price,
as once the m/m's have their claws in,it's a hell of a job to turn their minds..gla..lth's

[daicaprice] 27/4/2017 12:53

Back blue after the sells, at least we are clearing a few out.

DC

[lodgeview] 26/4/2017 13:11

This is about to blow.

[daicaprice] 26/4/2017 10:42

Nice little flurry of buys in the last 20 mins, is it being promoted somewhere?

DC

[daicaprice] 25/4/2017 15:56

Too many 10%ers still here unfortunately, need to clear them out before any real gains.

DC

[someuwin] 25/4/2017 15:14

Here we go.

[maxmarilli] 25/4/2017 14:51

going blue....

[theunluckyone] 25/4/2017 14:11

abergele - That trade was from yesterday not today

[abergele] 25/4/2017 12:46

Thanks dc,,,it's always nic when clarification happens from spurious m/m's tactics that we have to suffer..gla lth's

I have been out so can't comment on specific trades but one at 11.75p seems well over the top ,poor fella..