Westminster Share Discussion Threads

[scottn93] 01/8/2016 14:23

someuwin .... haha, you're the best position poster I've ever seen!

[luminoso] 01/8/2016 13:42

If you use the words " substantial" increase and "significantly " greater, I think you would have to be talking about a minimum of 20% greater IMO. Otherwise it could be described as hype after the event.

[someuwin] 01/8/2016 13:34

"...Contract discussions are now largely complete which has resulted in a substantial increase in both the scope and value of the contract and is now significantly greater than the estimated GBP30m pa previously reported."


significantly greater than £30m.

£33m? £35m? £40m? per year.

Hopefully all will be revealled soon.

[luminoso] 01/8/2016 11:42

And there's the tick up. Good intra day reversal.

[someuwin] 01/8/2016 11:31

No online buy quote.

[someuwin] 01/8/2016 10:39

Actually Ian, its SIX other airport MoUs in their Managed Services Division.

(The 20 year Middle East border security project is in their Technology Division)

"...In addition to the above, the Company continues to develop its long term managed services opportunities including the six other Memorandum of Understanding (MoU) signed with various governments and airport authorities in different regions of the world previously announced, all of which are still active and three of which were signed in 2016."

[ianb5004] 01/8/2016 10:20

Lungi almost back at full pax
- Lungi Cargo operating
- Company expects positive ebitda
- Favourable USD exchange lowers wsg costs

- Darwin gone for good.

- Ferry repaired, second ferry in place. Service to start next quarter, £300m rr contract

- Huge Middle east aviation contract now worth SIGNIFICANTLY more than £30m Per annum. Finalising last few issues as a matter of URGENCY.

- Middle east border contract. SUCCESSFUL trial done in May 2016. Due to substantial value now discussing funding with banks.

- 5 other memorandums of understanding to make large contracts in place, some advanced....

Rewards are clear to see here. Has to be a strong buy now.

[someuwin] 01/8/2016 10:14

Unlike some of their other airport negotiations which seem to be taking an eternity to progress beyond MoU stage. This major Middle East project is moving forward at high speed...


8th March 2016 - Memorandum of Understanding ("MoU") with a Middle East Civil Aviation Authority..for the provision of long term aviation security services...at a significant international airport.

26th May 2016 - received a Letter of Intent from a Middle East Airport Authority relating to a long term airport security contract.

29th July 2016 - Contract discussions are now largely complete which has resulted in a substantial increase in both the scope and value of the contract and is now significantly greater than the estimated GBP30m pa....working with the potential customer and various other governmental organisations in order to finalise the last few issues as a matter of urgency.

Clearly all sides are keen to see this deal done so I really don't think its going to be long before we get the final sign off which will truly be transformational for WSG's fortunes (and share price!)

[saucepan] 01/8/2016 09:57

The early morning dip was soon bought up, I see. Though price may indeed drift on lack of news. It is important to keep a watch on volume. i.e. low volume drift, no worry.

[someuwin] 01/8/2016 09:06

Had another top up.

[tidy 2] 31/7/2016 16:37

Contract discussions are now largely complete which has resulted in a substantial increase in both the scope and value of the contract and is now significantly greater than the estimated GBP30m pa previously reported. 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.In addition to the above, the Company continues to develop its long term managed services opportunities including the six other Memorandum of Understanding (MoU) signed with various governments and airport authorities in different regions of the world previously announced, all of which are still active and three of which were signed in 2016

[shrewdmole] 30/7/2016 19:02

Someuwin

Star!

Sm

[broncowarrior] 30/7/2016 08:17

Just on the airport deal once signed, with a 20mm market cap and 20% margin on the contract we would be trading at a PE of 3.5 at the moment.A quid a share here is not unrealistic on a 6 month view.

[tidy 2] 29/7/2016 18:20

50k buy on the bell full ask.

[someuwin] 29/7/2016 16:25

Great volume today.

[someuwin] 29/7/2016 15:20

Added a couple of times today.

The risk / reward ratio is too compelling imo.

Strong likelihood of major move towards £1 on ME contract award.

Downside limited due to SIX other airports in negotiation + multi-year border contract imminent too.

[someuwin] 29/7/2016 14:07

Remember that post-Brexit the UK government will be doing all it can to open new business channels into non-EU countries.

This Middle East contract is important from both a strategic and a political stance.

It will happen - and happen soon imo.

"...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."

[someuwin] 29/7/2016 13:20

? give us a clue shrewdie.

[shrewdmole] 29/7/2016 13:18

someuwin,

have a guess who wsg are in talks with for security products too.

sm

[someuwin] 29/7/2016 12:33

As I said, £1 a share is easily justifiable on this one Middle East airport contract when we get it officially signed off.

[tidy 2] 29/7/2016 12:10

Long way to go here

[tidy 2] 29/7/2016 11:48

Lse post RE: Contract values...I've revisited my previously posted figures on revenue potential from the ME contract......I've taken £33mill as the base figure each example.....10% higher than previous figures.I've also reduced the length of contract from 25 years to 20 years.Figures are based on 3, 5 and 7% air travel growth over the length of the contract. Worth keeping in mind that ME air travel grew by 10% last year...!!!!!3% growth pa.Year1...£33mill paYear5...£37.14mill paYear10.£43mill paYear15.£49.9mill paYear20.£57.8mill paContract value approx. £890million.5% growth pa.Year1.....£33millYear5.....£40.1millyear10....£51.2millYear15...£65.3millYear20...£83.4millContract value approx. £1.1 Billion7% growth pa.Year1.......£33millYear5.......£43.25millYear10.....£60.7millYear15.....£85.1millYear20.....£119.4millContract value approx. £1.35 Billion.I personally think these figures are conservative given the comment 'significantly higher than £30mill pa...'.Air travel growth links....http://www.boeing.com/commercial/market/long-term-market/traffic-and-market-outlook/http://www.iata.org/pressroom/pr/Pages/2016-02-04-01.aspxGLA

[someuwin] 29/7/2016 11:23

Correct SteveBut as soon as that RNS comes out the share price will instantly re-rate.