Westminster Share Discussion Threads

[nowenterprise] 26/9/2018 23:46

Signed contract worth £22 million per year (at least) over 15 years; contract being amended to reflect changes in political circumstances; UK EU Russia China still actively supporting JCPOA and making efforts to maintain trade with Iran; tech division delivering smaller but meaningful revenues this year; no more SQ to deal with; EBITDA neutral or likely postive end year ... Hello? The past does not predict the future. Look at the actual developments, how can folks be quite this pessimistic?

[hvs] 26/9/2018 18:39

Looks like the mis managers are making a packet here.

LOL !!! lol !!!!!!

The whole lot should be SACKED It seems its going UNDERGROUND very nice solution.

[saucepan] 26/9/2018 18:25

"I have way more invested here than I should. Greed no doubt has a part to play in that!" That makes me shudder, ThePurleyKing.

There are so many other profitable good companies where decent money can be made.

I recall the bulletin board claims that the share price would soon be soaring to over a £1 and beyond, back in 2015 and earlier, but look where the price is now.

Have you properly researched the track record of WSG management and the years of over-promising and under-delivering?

[thepurleyking] 26/9/2018 17:32

Its impossible to know what they are doing behind the scenes. They are saying all the right things, but none of us PIs really know.
I very much hope they are making progress, from an admitedly pretty amateur perspective such as mine, it doesn't sound like the changes necessary are insurmountable. Lets just hope that they are on the right track.
Not much else to say or do until we get the announcement (or not) that they have sorted everything else.
Until that happens, this remains a very binary company. Either it happens or it doesn't.
I am happy(ish) to hold as I have way more invested here than I should. Greed no doubt has a part to play in that!

[nowenterprise] 26/9/2018 14:00

I get the impression WSG were not relying on such political action and have found solutions to financial transactions and banking independently. However this special vehicle should hopefully help to keep Iran exporting more than otherwise under sanctions and help maintain relative stability, which would in turn be good for WSG.

Edit: of course time will tell how effective these measures will actually be in encouraging EU companies to trade with Iran.

[wynterwilde] 25/9/2018 13:53

I wonder what effect the new Special Vehicle the EU is setting up to clear payments for work/trade done with Iran will have on the airport deal?

[nowenterprise] 25/9/2018 10:51

They're actually doing it. Brilliant 'up yours' to the Tango kid.

[nowenterprise] 24/9/2018 23:12

"has secured a contract valued at approximately £300k for the supply of a Dual View Cargo Pallet X-Ray Screening Solution for an air cargo logistics operation at a major UK Airport"

[kreature] 21/9/2018 12:10

Has the propeller arrived yet ?

[thepurleyking] 21/9/2018 11:37

The only thing that is going to move this share is when the exchange of letters happens. Until then we'll hover between 9p and 12p.
Reading back through old RNS's promises have been made an routinely broken, so understandable that the market doesn't believe it this time around either.
I'd love to believe it personally given this makes up a larger percentage of my portfolio than it should!

[catch007] 21/9/2018 10:30

8k shares in WSG is very high risk!

[owenski] 21/9/2018 09:01

New CFO

"Mark currently holds 70,000 ordinary shares in the Company, representing 0.05 per cent. of the issued share capital of the Company."

Mark will be joining the Risk Committee.

He holds £8000 quids worth of shares, I guess he's qualified to join the risk commitee then as he's not a high risk person. lol

[graham1ty] 21/9/2018 08:35

Horay, this is brilliant. The lower the price goes, the more upside. BOOM. A falling shareprice shows real confidence in their prospects and means shareholders will get more shares in the next Placing. In fact, I am hoping it goes to 5p, as I will then get twice the number of shares.

And no new MOU is actually good news as the number of potential MOUs has not fallen, which is brilliant.

[youkme] 21/9/2018 08:26

New CFO so soon?

[graham1ty] 21/9/2018 07:23

30p today, BOOM, EBITDA positive in 2026, ferry to be sold for £2, tech contract hotwiring friends wifi, new FD from Sesame Street, Chairman used to be a brown envelope salesman.

BOOM

[pilkersa] 21/9/2018 07:18

30p today easy! That rns is not the words of a company that doesn't intend to deliver the Iranian contract. Everything lining up nicely. Finance in euros too.

[pilkersa] 21/9/2018 07:06

Excellent update q4 funding due for Iranian contract. BOOM

[youkme] 10/9/2018 18:55

Wonder what the no nuts nomad will allow this time?

[nowenterprise] 10/9/2018 12:01

The run up to Friday should be interesting.

[youkme] 07/9/2018 21:06

LSE wow poster Wulbert. If you have any information from posters or PF could you please private message me

[youkme] 07/9/2018 14:38

Doesn't matter Graham, PF says he didn't do it. He is a man of his word so i guess he didn't