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WSG Westminster Group Plc

2.36
-0.04 (-1.67%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Westminster Group Plc LSE:WSG London Ordinary Share GB00B1XLC220 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -1.67% 2.36 2.40 2.60 2.50 2.40 2.45 611,541 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 9.53M 121k 0.0004 62.50 8.26M
Westminster Group Plc is listed in the Security Systems Service sector of the London Stock Exchange with ticker WSG. The last closing price for Westminster was 2.40p. Over the last year, Westminster shares have traded in a share price range of 1.04p to 4.15p.

Westminster currently has 330,514,660 shares in issue. The market capitalisation of Westminster is £8.26 million. Westminster has a price to earnings ratio (PE ratio) of 62.50.

Westminster Share Discussion Threads

Showing 11651 to 11675 of 18700 messages
Chat Pages: Latest  472  471  470  469  468  467  466  465  464  463  462  461  Older
DateSubjectAuthorDiscuss
10/8/2016
13:39
Yup - now onwards to 30p+
someuwin
10/8/2016
13:37
Was eventually right about another blue day!
bernieboy
10/8/2016
13:32
back up to 24p.
someuwin
10/8/2016
10:19
Here's a summary of where we stand with the SEVEN major contracts under negotiation. Any one of which will be transformational for the future of WSG...

29 July 2016 - All MoUs still active, all making progress. The ME CAA airport has progresed to 'Letter of Intent'. Contract discussions largely complete. substantial increase in both the scope and value of the contract. WSG working with government & customer to finalise the last few issues as a matter of urgency.

08 Mar 2016...

-- New MoU Middle East Civil Aviation Authority - significant international airport (£30m+ per year)

22 Feb 2016...

-- New MoU relating to a 20 year border security project in the Middle East

As at 20 Jan 2016...

-- New MoU with a new government client for the provision of long term (up to 25 years) aviation security services at several international airports.

-- The MoU signed on 9 December 2015 for the significant airport hub has advanced quickly, with our specialist aviation security team organised to deploy w/c 25 January 2016 in order to carry out gap analysis work ahead of contract negotiations.

-- The MoU signed on 12 October 2015 has progressed significantly. We have now completed the gap analysis and are moving to contract negotiation stages.

-- The MoU signed on 9 February 2015 for Airports in Asia is making progress through the parliamentary process to enable foreign companies to enter into government Private Public Partnership and Build Operate Transfer contracts without going to tender and has passed 1(st) reading.

-- Local issues and bureaucracy continue to delay the East African MoU. Discussions remain positive though it should be noted that this is now one of the smaller of the opportunities being progressed given the recent MoU's secured by the Group.

someuwin
10/8/2016
09:52
News of contract will push this alot higher

Contract significantly ahead of 30million per annum will easily see wsg above 100p imo

ileeman
10/8/2016
09:50
Breakout of 25p over next couple days imo


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ileeman
10/8/2016
09:16
Very low chance of going bust - virtualy at breakeven now. Passengers increasing at sierra leone (plus cargo processing too now).

Costs reducing. Focussing on Managed servioces. Ferries being outsourced. Joint Ventures being negotiated to share costs and revenues.

Strategic review underway. Board changes to focus more on the huge opportunities of the Airports and infrastructure long term projects.

3 bagger highly likely on imminent announcement of Middle East contract.

10 bagger? might have to wait for a few more of the airports to come in - but that could happen anytime!

someuwin
10/8/2016
08:21
My small holding is in the 10 bagger or bust part of my portfolio and is still likely to be one or the other.
this_is_me
10/8/2016
08:02
Blue day again today perchance?
bernieboy
09/8/2016
16:01
Its all about the Managed Services business now - Airports, Ports, Borders etc. Long term, Recurring revenue, High value, High margin contracts.

Watch this space!!

"we believe the size, number and geographical spread of the various opportunities we are developing provide significant potential for growth. We are encouraged by the momentum of the Managed Services business, which is now our core focus"

someuwin
09/8/2016
15:51
Rumour is STAR will be added to WSG range not holding either just letting you know what I've heard.
tidy 2
09/8/2016
15:19
It certainly is very frisky today - haven't seen it like this for a long time.
someuwin
09/8/2016
14:38
If you look back at the RNSs over the last 9 months you will see the real progress being made on the various airports. Site surveys, GAP analysis, MOUs, Getting security clearance, detailed contract negotiations etc etc. So much going on now that contracts completions will have be coming through soon.

Incidentally - I had overlooked the fact that the 20th Jan 2016 RNS MoU is for multiple airports!...

"..has entered into a Memorandum of Understanding (MoU) with a new government client for the provision of long term (up to 25 years) aviation security services at several international airports within the country concerned."

someuwin
09/8/2016
13:58
No buy quote - again.
someuwin
09/8/2016
13:47
Thanks for your replies, much appreciated.
basem1
09/8/2016
13:32
basem1 - letter of intent is a precursor to an award of contract, so competition for middle east either non existent or frozen out
The rest I don't know although a memorandum of understanding is a precursor to a loi lol

threeputt
09/8/2016
13:32
There is also a major border crossing project which we are waiting for news on too...

"In February 2016, the Division announced the signing of an MoU relating to a proposed border security project which involves the provision of equipment, training and ongoing maintenance of security screening checkpoints for the duration of the contract, initially 20 years, at an import border crossing within the Middle East. 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."

someuwin
09/8/2016
13:29
There are other companies out there supplying infrastructure security services and WSG are in direct competition with them.

However, I believe WSG have a unique proposition for a total airport security management and funding package.

WSG currently have seven airport projects under negotiation. i.e the country / airport authority in that particular country has selected WSG but the wheels of beurocracy move slowly is some of these places. All seven are at (or beyond) memorandum of understanding stage and all are 'live'.

THe ME one is the one we are waiting for right now (and I think WSG were hoping to have it delivered before the end of July - hence the earlier RNS.)

someuwin
09/8/2016
13:18
Have we much competition for the contracts ?
basem1
09/8/2016
13:14
Yup - its certainly true that the other six Memorandum of Understanding's for airport contracts have failed to convert to contracts yet. (although three of them were only signed this year anyway).

However, this Middle East project has moved from MoU to Letter of Intent (all this year) and we know the basic financials (significantly greater than the estimated GBP30m pa previously reported.)

It really seems that all parties are keen for this to complete. And with government agencies both here and in the country concerned pushing to finalise the last few issues. I really believe we will get the go ahead very soon.

someuwin
09/8/2016
12:48
I would agree Saucepan, and probably why it has failed to lift off on the LOI, Hargreave Hale had the balls to back them though, and East Africa we were told was always down to local bureaucracy (in other words they probably wanted a br...)
threeputt
09/8/2016
12:32
The problem is WSG has "form" in telling the market that big contracts are close. Some of us remember the "imminent" East African airport contract from several years ago, which has never materialised.

However, perhaps it really is different this time. It is beginning to smell as if it might be.

saucepan
09/8/2016
12:28
You got the OPTI rns date right, someuwin, so any predictions on ours here !! :-)
luminoso
09/8/2016
12:14
30p without news possible.When we get the Middle East airport contract (£30m+ per year) 80p or more imo.
someuwin
09/8/2016
12:01
Be an hour delayed probably. I'm not sure if these are qouted on any other exchanges ? Isdx or Plus ? Anyway safely tucked away now along with the other 25000. 30p anyone ?
basem1
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