Westminster Share Discussion Threads

[luminoso] 23/8/2016 11:59

Hmmm. Lurches down on little volume every now and then. Smacks of desperation to acquire stock by MMs as its soon gobbled up, when peeps do sell. Does level 2 confirm my thinking, anyone ?

[mac_steven] 23/8/2016 11:58

neo-Don't forget to add per annum in post 11767.Anyway,we know now the contract will be worth more than that assuming we can get it signed.

[neo26] 23/8/2016 11:41

"substantial increase both in scope and value.." $50m per annum will be great.

[neo26] 23/8/2016 11:31

yup,

so hargreave held 3.3m shares in dec 2014 amd in july 2016 purchased another 10m. This bodes well.

So the big boys are fully loaded.

[someuwin] 23/8/2016 11:22

Certainly looking primed for something big.

[neo26] 23/8/2016 10:30

this daily price increase may imply that news is very close.

[neo26] 23/8/2016 10:05

the noises coming out of the company suggests they are very close to finalising the airport contract. The 30m per annum contract will be worth more than previously expected.

Come on...

[bernieboy] 23/8/2016 09:54

Good volume again, good buying going on. Think we will see further rises today..... 30p+ coming soon!

[neo26] 23/8/2016 09:32

quadruple my investment, fingers crossed. :)

[someuwin] 23/8/2016 09:17

Cairo would be a major win for WSG.

[luminoso] 23/8/2016 08:38

Another airport badly needing improved security is sharm el sheikh. Tourist industry in tatters and investment necessary to turn it round. All speculation, though.

[qs99] 23/8/2016 08:23

looking strong in opening minutes so anything possible iMO!

[bernieboy] 23/8/2016 08:19

Yep! Will we see 30p today?

[qs99] 23/8/2016 08:18

off again this morning

[mac_steven] 22/8/2016 19:15

neo26-It's obviously in ours and other countries security interests.Think hijackers,suicide bombers etc,flights to the west.One ME airport that's been heavily criticised for lax security is Cairo.Wonder if it could be that.

[someuwin] 22/8/2016 19:14

WSG work closely with the Department of Trade & Industry (DTI) to help with overseas contracts, but I expect there are other departments who get involved.

A lot of their contracts are for sensitive security products for foreign governments and agencies and probably require special export / security clearance etc.

These International Airport contracts are of strategic importance to the countries involved (in sensitive areas such as Middle East, Asia etc). UK government will do whatever they can to ensure smooth passage and regulatory compliance.

Especially in the new post-Brexit era where UK is keen to forge new trading partnerships with non-EU countries.

[neo26] 22/8/2016 18:58

one question why is the UK govt involved with the negotiations of the contract with the middle eastern airport?

[goodbloke1] 22/8/2016 14:44

Good luck Neo

[neo26] 22/8/2016 14:37

Please to join, this is just a punt. Jacob Engle's recommended it to me. Will read up on the company tonight..

[bernieboy] 22/8/2016 13:44

Looks like 7010 neo! ;-). Welcome.....

[neo26] 22/8/2016 13:43

a little punt here now. Just 7k shares, see what happens.

pure gamble from me..

[neo26] 22/8/2016 13:30

hands up who purchased at 6p?

How come the UK govt involved in negotiations.

[goodbloke1] 22/8/2016 12:16

Online but quote I should have said.

[goodbloke1] 22/8/2016 12:15

Can't even get a quote to buy 500 but can sell all my considerable holding

[someuwin] 22/8/2016 11:54

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 previously reported."

Having looked back at the original 8th March RNS they say...

"The airport which is the subject of this latest development is strategic both in terms of location and forecast growth, with potential for further agreements in respect of the country's other international airports."


So it seems to me that this "increase in scope" could well be that they will be supplying security services not just to one international airport but several.

If this is the case then you can see why the total yearly value of the contract will be 'significantly' greater than the £30m quoted for the single airport!