Westminster Share Discussion Threads

[deanowls] 28/3/2018 18:57

It’s not per annum bronco. Funnily enough tho I was in jordon a few weeks ago and they have bought a smiths vehicle scanner for their cargo area with the warehouses paying a wirght tax on any goods going into the free zone.

[football supporter] 28/3/2018 17:44

This could be heading much higher tomorrow, intra day rns has caught a few people on the side lines. It's the biggest contract in the Company's history I believe.

[broncowarrior] 28/3/2018 16:29

The 4.5mm per annum incremental deal doesn't hurt either!

[someuwin] 28/3/2018 16:22

The MAJOR move up gets ever closer.

[daicaprice] 28/3/2018 16:17

Can’t believe we have halted @25p, 30p by close tomorrow for me.

DC

[joosepi] 28/3/2018 16:01

Simple. Wait and pay higher........why not?

[graham1ty] 28/3/2018 15:49

Tax, the tech division contract is a very good one. Brilliant in fact when you consider how that division has declined. That alone should have taken the share price up to 25p.

So, nothing factored in for the ME contract ? Still nothing signed

[miahkaysor] 28/3/2018 15:48

Heading to 30p ia

[nick2412] 28/3/2018 15:44

Graham you appear to be ignoring the $4.5m contract just signed. Hardly guff. Obviously separate to the 24m Euro contract and to be delivered in this financial year. The increase in flights to Sierra Leone probably has just about taken WSG to ebitda profitability even prior to todays announcement and this contract certainly will.

The Company looks to have a bright future with quite a few valuable contracts. They needed one decent contract to give credibility and therefore I wouldn't be too ready to dismiss the statement in the rns release that says:- "This contract is one of several large-scale projects we are negotiating in the region".

I think it's best to keep an open mind in this game but your closed mind default position is probably not overly healthy for investment success. I think at 10p you were saying they would have to have an EGM to issue shares at 5p or something like that. They raised at 22p in complete contrast to what you were suggesting.

[tax dodge] 28/3/2018 15:39

Did you read both rns mr nomad. A contract for 4.5 million dollars is signed. So something has been signed and hopefully the big contract soooon..... as it is imminent. Lol

[rolo7] 28/3/2018 15:33

24 million euros!

[graham1ty] 28/3/2018 15:32

Tax, I am here, do not worry !!

Still not signed is it ? Or did I misread the RNS ?

If it is signed, then this will double at least. But it isn’t, and it hasn’t.

Just enough guff to keep everyone excited, while actually, nothing has yet been signed

If people really believed, they would chase this up to 50p

[qs99] 28/3/2018 15:21

Ok 24m p.a., margins on it? Likewise they have stated they need finance to do it, so please tell me how! Have been in WSG before and yes not a holder now, but asking a fair question should not be shot down! Market cap is high, it loses money currently and may make say £3m p.a. from this contract at a double digit margin. BUT it needs to raise money to get it done no? DYOR and only after answers!

[beills] 28/3/2018 15:13

As we have previously announced, the major Middle East project opportunity is awaiting completion of the client's internal approval process, and we have been informed that the remaining contractual and commercial issues referred to in our 31 January Trading Update are now agreed. The initial phase of the project is still expected to be worth approximately €24m per annum to Westminster, with any future extensions and changes of scope expected to be subject to price revision.

[shirley83] 28/3/2018 15:11

24 million per annum.. Huge

[beills] 28/3/2018 15:11

Will they ever announce the name. But move in right direction anyhow

[lodgeview] 28/3/2018 15:08

Is that the best you can do? LOLLOL!!

[qs99] 28/3/2018 15:04

Wonder how they will finance this? Surely that is the risk now to buying in, a rights issue or placing? DYOR

[lodgeview] 28/3/2018 14:59

YouKme now what do you have to say? Hahaahahahahahah!!!

[tax dodge] 28/3/2018 14:52

Hahahahahahahaha

[this_is_me] 28/3/2018 14:51

Two pieces of good news.

[hippo] 28/3/2018 14:47

Lol..... couldn't make it up.