Westminster Share Discussion Threads

[someuwin] 03/7/2017 10:16

Not surprised its moving up.

[sweethungar] 03/7/2017 10:14

this is moving ,,

[...]

[daicaprice] 03/7/2017 10:13

Nice bit of buying pressure this morning, would be nice to get close to 20p when the new contract lands.

DC

[joesoap3] 30/6/2017 14:59

I feel a deja vu with Minoan (MIN) waiting and waiting and still waiting for the transformational news. I will give it till end of July if indeed we are that close. In the meantime the share price could well drift downwards

[broncowarrior] 30/6/2017 14:23

Nice and stable today, no sell off which is good.

[madmonkflin] 30/6/2017 08:02

If they can wrap up the contract in a month I'll be well pleased

[basem1] 30/6/2017 07:57

The charts looking good for 20p

[basem1] 30/6/2017 07:56

Great stuff, let's hope there's a buying frenzy.

[jambam] 30/6/2017 07:54

yes in Daily Mail. Stock to watch no less!!! Very bullish piece

[basem1] 30/6/2017 07:40

Any newspaper comment this morning ?

[deanowls] 29/6/2017 17:11

Lol, of course. Let's see, all those government employees and where they go. See what that margin is.

[broncowarrior] 29/6/2017 16:50

Some good board appointments too, good experience of international trade.

[ianb5004] 29/6/2017 15:40

They have already raised the money.

Look at the margins on the Lungi airport 70% area. If e get any where near that then its £20m profits

We dont cahrge the airport £35m the revenue is generated by a fee that each airport passenger pays, it costs the airport nothing.

[madmonkflin] 29/6/2017 15:28

yes good one, so we'll charge £35m a year and make no money. that obviously makes sense.

[someuwin] 29/6/2017 15:10

WSG airport contracts are very high margin 30%+ due to their unique business model - essentially getting the passengers to pay for the service via flight security surcharge.

[deanowls] 29/6/2017 15:06

If anyone on this board believes you will get 40pc margin you'll be wrong. Look at he margins g4s and seco make, it'll be single figures.

[someuwin] 29/6/2017 15:05

Further good news today (confirmed at the AGM) is that Turkish Airlines are stating flights from Istanbul to Freetown.

- New 'top 20' airline about to start service into Lungi. PF wouldn't name the airline (I guess it's Turkish Airlines), but he did say the WSG's security at Lungi had been very highly praised by the airline.

[pilkersa] 29/6/2017 15:02

Last year they were in discussions with specialist finance partners. I'd like to hear updates on that..... They certainly can't fund a project this size from current capital.

[pilkersa] 29/6/2017 14:55

Also if they do sign the contract how many millions will they have to raise and on what terms.

[ianb5004] 29/6/2017 14:55

£35 MIL PA IS GBP NOT DOLLARS

TYPO

[deanowls] 29/6/2017 14:48

What's the margin on the contract, how many locals have to be employed, what are the capex expectations and start up costs, what percentage of the local company will be owned by wsg if they are required a local partner, just some questions to ask .it will not be a huge money spinner in my opinion.

[loobrush] 29/6/2017 14:09

WSG is a risky share to buy,however having said that I must admit the AGM statement and comments from those that attended AGM is indeed very bullish.
Clearly the Directors who are flying to see the customer expect to come back with an order otherwise they would not have mentioned it.
The share price, if the contract is won could easily surpass 60p based on the contract value and once one contract is agreed I feel that the others might well also follow as it will give others the confidence to go ahead.
So to my mind you risk the share price dropping 50% if its a no go or it multiplying by 400% or more if the contract comes in.
I think that even if news comes out that they have flown could well see a price in the mid twenties,it has reached 30p before on possible news. .
All in all this is one of the best odds on thing I have seen on Aim this year and have increased my holding.

[someuwin] 29/6/2017 13:51

Some good AGM feedback on LSE website.