Westminster Share Discussion Threads

[daicaprice] 25/4/2017 12:31

The 15k @11.08p is a buy.

DC

[youkme] 25/4/2017 08:09

I'm sure theres ways, ask your mate jimzi/harold/taxdodge lol

[threeputt] 25/4/2017 07:46

I hear ya but surely they haven't got them to sell yet ?

[youkme] 25/4/2017 07:37

Staggering depths of shameless ramping the last placement holders will go to, just to sell their stock imo. Beware everyone; as you buy they sell

[someuwin] 24/4/2017 14:09

Moving up now.

[lodgeview] 24/4/2017 13:04

Rumours on Twitter ME contract has been signed. It is probably that, just rumours. I would expect an RNS before an alleged newspaper report. Still plenty of reward here!

[lodgeview] 24/4/2017 12:08

Bought in here. Risk reward potential is huge.

[nick2412] 22/4/2017 09:15

I think it is the numerous ministerial references that give the potential contract credibility. Not only do we know that the British Govt. has offered support and advice to some ME countries regarding airport security but I also feel certain that a listed company would not risk incurring Governmental wrath (with legal consequences for the directors) by deceiving investors regarding these references.

I can understand why longer-term holders are annoyed by the BOD's premature expectancy of contracts but currently it looks a decent risk / reward play.

Darwin are likely to be out, very firm statements have been made on how the potential contract(s) have progressed, revenues from Lungi Freetown are increasing with additional flights, the ferry service looks likely to be a a decent earner, the circa 300k from the legal settlement will be useful in addition to the 2m funding from Darwin, Beaufort and the other recent investor removes the prospect of further near-term funding, the recent recruitment campaign suggests things are going well and the flurry of small technology contracts will be useful revenue.

Obviously it's completion on one of the big MOU / LOI contracts that will transform the business and the share price potentially into three figures, however, the rest of the business appears to be progressing reasonably well.

So the ebitda breakeven status, the general progression in all of the Company's divisions, the positive progress towards an elusive but transformative £35m plus contract per annum and, last but not least, the 'good riddance' to Darwin factor suggests that a re-rating to a £35m m/cap or 30p per share could be on the cards prior to achieving the potential ME contract.

There might be a few Beaufort flippers to clear but I suspect the stock will have a decent re-rating in the coming weeks. The results aren't too far off and the forward statements should make encouraging reading.

[pwhite73] 22/4/2017 08:21

You're damn right he has and that is to make money.

Having read a lot more RNS announcements and other views on various bulletin boards I am becoming more skeptical about the ME contract.

How do you manage to keep a potential £500m contract a complete secret for a year. The more so when it is at ministerial level here and over there. People do talk and blabber.

[broncowarrior] 21/4/2017 22:01

Do I sense Pwhite has an agenda?

[saucepan] 21/4/2017 16:12

Interesting late afternoon strength.

[bernieboy] 20/4/2017 14:14

Graham lol

[graham1ty] 20/4/2017 13:43

I do love popping into LSE once a month or so. An "insider" there has the certainty that the new airport is Dubai !! Knows the rulers daughter.

Well it must be true then. Silly old share price Angel and Beaufort should have asked them rather than scrabbling around at 10p with their punters.

And btw Queen Elizabeth is my uncle and apparently they have an airport at the end of their Windsor garden and she wants security changed. She also has a house near a place called Westminster ( and sometimes goes to church there). All the dots add up. You heard it here first.

[pwhite73] 20/4/2017 11:32

As can be seen any rises are immediately sold into. It is unlikely any positive news will be released whilst the placees are still dumping their stock. If positive news is released before placees have dumped their stock then they would effectively be competing with PIS who bought at 10p or thereabouts. That is not going to happen.

[jimduggen] 20/4/2017 10:44

Significant progress to me means it is almost there.

No panic and very happy to hold here

[pwhite73] 20/4/2017 10:36

10p is only a floor as far as the issuance of new shares is concerned. That's all. The only real floor is suspension and delisting.

[graham1ty] 20/4/2017 10:15

Why is 10p a floor ? The fact that they cannot issue anymore below this level does not protect that price at all ? It might make people who took shares at 10p reluctant to sell at a loss, but last year it fell to 5p and the nominal value was no protection at all.

In the last few days there are 15m new shares ( and if you add in the Feb lot, 20m shares) which could act as an overhang. Spivey Placees may sell every time the share price is even a shadow over 10p. And, as last time, if there is a panic about the company running out of money, it could just as easily dip down to 5p again.

[scyther] 20/4/2017 10:08

Plz do look it up as I'm interested in entering around this level with 10p being the floor, on the off chance that they release a decent contract win that allows a quick 50-100% gain.

[sidjameslaugh] 20/4/2017 08:05

I'll wait for consolidation. That will be next if no deals on table

[yasharsad] 19/4/2017 16:48

I am new to this share, i have been reading the comments on the bb. All i can say is that someone has been buying this share.

[pwhite73] 19/4/2017 15:59

......but having said that because the last lot were issued at the nominal value of 10p they are worth a punt should any of their multitude of deals end in a real commercial contract.

[pwhite73] 19/4/2017 15:54

All of them are until they prove otherwise."No more CLN instruments for 6 months" ha ha ha.Like they're doing shareholders a favour and as if shareholders don't know why they can't issue CLNS for now.