Westminster Share Discussion Threads

[inv] 15/5/2017 15:46

This has so much further to go upwards

[runwaypaul] 15/5/2017 15:45

slowly slowly catchey the monkey

[lodgeview] 15/5/2017 15:37

Hold for gold folks!

[daicaprice] 15/5/2017 15:19

There she blows.

DC

[neo26] 15/5/2017 11:30

This stock alone on speculation can go above 30p.

[joesoap3] 15/5/2017 10:08

Lodge - yes I was aware which really reinforces my point. To rise another 20% in the first few minutes this morning was due - I believe- only to the report in the Mail. I have seen it so many times with the Daily Mail and Midas in the Mail on Sunday.

Don't get me wrong, I am glad it has happened but I was only warning others of what I thought and have seen happen so many times in the past. I am also grateful to the Mail for highlighting the Company.

[qs99] 15/5/2017 09:24

Yup fair point lodge, sustained buying this morning even on a slight pull back...Mail factor helping, but IMO just continuing that 40% rise...DYOR

[lodgeview] 15/5/2017 08:53

Joe,You obviously aren't aware of the almost 40% rise from circa 10p before the 'Mail factor ' then are you? This company isn't all about the one contract. There are many more on the horizon. This is without taking into account their other day to day activities which could be highly profitable.

[joesoap3] 15/5/2017 08:33

This has risen purely on the 'Mail factor'. The only thing that has changed since Friday is the article in the Mail and that has sent the price up this morning. There seems now to be a lot of people happy to sell now.

If news of a contract win actually comes then I may buy then with reduced gains but that is better than the price drop if another Company gets it instead.

[qs99] 15/5/2017 08:16

well it seems to have opened very positively....

[aliaspc] 15/5/2017 06:16

Nice post Donk...I think in fact I will up my holding on this again. I took 25k out of this last week and did well on MYSQ, Now might me the time to put some back in here 8o)
Don't let Graham wind you up...if it looks like a duck, walks like a duck...

All the evidence is there and you gotta be in when the news drops, 1 week? 1 month? Not sure, but no longer IMO.

When I visit, I for one will be happily paying the 1 OMR extra airport tax, levied to pay for the WSG contract....and my holiday 8o)

GLA

[neo26] 14/5/2017 23:04

whens the agm?

[neo26] 14/5/2017 20:14

No one in the middle east speak French, and with Thales getting major contract in Oman airport one would speculate the airport would want both sets of security firms that won contracts to speak same language (French) .

[donk7] 14/5/2017 14:53

No doubt premature a couple of years ago Graham. I can (genuinely) understand your issues with WSG if that's when you invested.

I wouldn't say it's premature to suggest Oman given all the supporting evidence. Which country do you think it is then? In terms of taking a position I believe it's better to be premature at share price lows with funding out the way and growth in other parts of the business than trying to get stock at what would be substantially higher prices post any contract news. Now seems rather timely with plenty of pointers to Oman ...

* Westminster apparently advertising specifically for Oman Airport staff
* Successful passenger simulation tests for Muscat International Airport taking place with unspecified groups involved in the project.
* Westminster recently announcing significant progress on the ME contract. Yes, they have done so prematurely before but in context of other developments then it looks good.
* French security Group Thales getting the security contract for the new Oman airport except for functions that would fit with the contract duties anticipated for Westminster
* Westminster advertising for airport personnel and specifying it's essential they speak French.
* Muscat International Airport previously hit by delays that tie-in with earlier WSG delays but now "96% complete" and looking on target for opening before year end with all contracts in place.
* UK having Close diplomatic and trade ties with Oman with recent high level UK ministerial talks with the Gulf 6 nations that include Oman on matters including airport security.
* The value of the ME contract 35m plus and the add-ones fits with Oman and it's new regional airports.
* Your good self projecting a run-up to 20p.

[graham1ty] 14/5/2017 11:42

Donk, think it is a bit premature to say Oman.

Think it is a bit premature to say £500m contract.

Actually a bit premature to say they will ever get the contract.

So, 600% profit, a little premature !!

[donk7] 14/5/2017 09:49

Obviously early in the morning for you Graham. I assume you meant to type "a great opportunity for 10p placees, current holders and buyers at around this level to await the potential Oman 500m contract and make 600 to 700% plus profit."

[graham1ty] 14/5/2017 08:02

Well done Beaufort ( or whoever) getting this in the Mail. This will probably run up to 20p.......on the back of hope or hype.

Until we get the results ( almost the latest prelim figures for any company with a Dec 31 year end........why does it take 5 1/2 months to add up just £4-5m of revenue ??)it is all speculation. Even then, the figures reflect a historic period, that ended almost six months ago, so excludes most ferry revenue, and any uplift in air passenger numbers. This will allow them to say "currently adjusted EBITDA positive" without defining what they mean by that.

The cash position will be almost six months old, and they will not tell us how much is left of the £1.6m raised so far this year.

Anyhow, all speculation until the results. But a great opportunity for 10p Placees to get out at 100% profit. Well done them

[x54v] 13/5/2017 07:42

"Last month, it had made significant progress on an airport security contract in the Middle East, which could be worth more than £500million."

That snippet alone is bound to tempt a few new investors especially with the current market cap being just £13 million.

UVEL showed yesterday just what's possible in a very short period of time with a huge contract in relation to the market cap.

WSG could be next.

[x54v] 13/5/2017 07:31

Coverage in the Daily Mail bound to attract a few buyers - "SHARE PUNT OF THE WEEK: Westminster Group provides security services and surveillance"

[john henry] 13/5/2017 03:46

should see 15p tested and broken Monday/Tuesday

[daicaprice] 12/5/2017 16:36

Very happy the way we have held up this week, lots have taken their 20/30% and from here we should see 17p plus before the traders start selling again, have a good weekend all.

DC

[neo26] 12/5/2017 13:01

X54No offence, they have been on late stages of negotiations for nearly year. The board have stressed there is no guarantee of signing deal but vital infrastructure is placed and nearly placed.Don't get me wrong if it comes in, it would be transformational. Ramadhan is fast approaching and the Arabs don't like working in this month.Deal will not be signed yet...