Westminster Share Discussion Threads

[kreature] 22/7/2016 13:22

are the boats generating revenue yet?

[someuwin] 22/7/2016 08:01

Contract update getting very close now.

[adthorn] 21/7/2016 15:13

Agreed. Another high trading day with neutral share movement is positive for me and bodes well for next week

[someuwin] 21/7/2016 14:42

People talk about margins of 30% or more - who knows. lets get the contracts signed before worrying about the details.

One thing we do know is that they wouldn't spend all this time negotiating to end up with unprofitable deals.

[adthorn] 21/7/2016 14:36

What's your view on profitability of these contracts? Difficult to quantify for me

[someuwin] 21/7/2016 14:31

Yup - completely different projects. Although both are in the Middle East.

[adthorn] 21/7/2016 14:28

Do you think this is seperate to the £30m MOU someuwin

[someuwin] 21/7/2016 14:15

Been loking again at the border crossing project...

22 February 2016....

"The project will involve the provision of equipment, training and ongoing maintenance of security screening checkpoints for the duration of the contract, being initially 20 years, at an import border crossing within the Middle East. The border crossing is a major and very busy transit point between two countries and due to the volumes of traffic passing through the crossing vehicles can be queued for several days waiting to cross. The purpose of the project is to provide advanced screening, monitoring and detection systems that will significantly speed up the crossing process whilst maintaining a high degree of security. The MOU has been entered into with the authority responsible for border security."

The authorities in the country concerned regard this project as a high priority and have selected Westminster, entering into an exclusive MoU with them, based on Westminster's reputation, experience and capabilities. In accordance with the terms of the MoU Westminster will now be undertaking a gap analysis and feasibility study prior to finalising contract negotiations.

Under the proposed contract and project programme Westminster will establish an office in the country and will provide the specialist equipment and technologies and the ongoing support and maintenance teams necessary to ensure all equipment is regularly serviced and any malfunctions are quickly rectified. The Company will generate its revenues from a security charge on vehicles and containers passing through the crossing with certain minimum revenue guarantees provided by the authorities."


So, no competative tender. WSG have been exclusively selected to deliver the solution.

The government concerned regard it as a high priority.

WSG will get revenue from a security charge on all traffic (similar to their airport business model).


The latest update 30th June 2016...

"The Company has successfully carried out trials and demonstrations in relation to this project in May and is now discussing funding and deployment options with the authorities."

So sounds to me like final sign off is very close!

[adthorn] 21/7/2016 13:47

Only a maximum of 6 trading days and we'll know the answer. The best part of the new and revived WSG for me is that there are so many contracts and opportunities out there. With brexit high on everyone's agenda, a market innovator and British company like WSG can do amazing things, just look at the support we have

[bernieboy] 21/7/2016 13:43

Got the feeling that the WSG shareprice may do a similar climb to the one that HNR did recently. Was in that one for much of the climb and reckon we could well see similar action here. Hopefully without the big pull back that HNR had though! ;-)

[someuwin] 21/7/2016 13:21

I've seen people suggest that - but I've no idea.

I am expecting several price moving news events very soon though.

[adthorn] 21/7/2016 13:12

Someuwin- do you think darwins conversion of loan notes was timed in advance of positive news before July end with the big MOU update?

[someuwin] 21/7/2016 12:58

...As predicted.

[someuwin] 21/7/2016 12:00

Tick up coming.

[someuwin] 21/7/2016 09:36

No buy quote now.

[someuwin] 21/7/2016 09:19

Time to add.

[someuwin] 20/7/2016 13:24

Good churn for the last 2 days.

Consolidating here creates a solid base for the next rise - which I am hoping for before the end of this month.

[alamaison] 20/7/2016 11:32

Transaction Complete
Share Name Mayair Group PLC ORD NPV
Order Type At Best Buy
Account Trading Account
Symbol LSE:MAYA
ISIN JE00BWV6BD02
Settlement Date 22-07-2016
Trade Details
Quantity 3702
Trade Price 0.45
Trade Date 20-07-2016
Consideration £ 1,665.90
Commission £ 10.00
Total £ 1,675.90

[alamaison] 20/7/2016 11:22

Want to make some money?

Check MAYA (floated in May) today new contract $10m and a $22m contract recently too.


Value @ 1/3 of the turnover, lol.

Absolutely mad...
Compare value against other company:

[someuwin] 20/7/2016 09:15

No quote for £3k worth.

[someuwin] 20/7/2016 08:38

Still flying under the radar here..... News expected within the next seven days.

[someuwin] 19/7/2016 16:18

No buy quote for any volume.

[adthorn] 19/7/2016 16:08

Remark you are a 100% idiot