Westminster Share Discussion Threads

[hamidahamida] 03/7/2019 11:59

Placing next

[nowenterprise] 02/7/2019 14:12

Better snap em up while you can at these prices I reckon.

"Westminster, together with local partner Scanport, are undertaking the technical screening operations of all containers passing through the port. As a result of careful planning and trials, operations have commenced smoothly and successfully".

DYOR GLA

[graham1ty] 01/7/2019 16:01

I see that it is being suggested there might be a road link to the Lungi airport, costing £2bn.

Why does WSG not try and undercut that by setting up a ferry service ??? You heard it here first

[someuwin] 01/7/2019 14:32

Interesting to see that Sierra Leone is planning on building a ($2bn) road bridge linking the capital Freetown with Lungi Airport.

This would have a transformational effect on the country and on the number of flights using the airport (and thus WSG's revenues).

Thinking bigger, WSG could be part of the solution as they already charge the passengers for the airport security tax, so could get involved in the bridge security / toll collection too?

"There are reports of expression of interests already received from several European and Chinese companies who are willing to undertake the project on a ‘build, own, operate, and transfer business model’. They will recover their investments by charging road users a toll fee."

[someuwin] 01/7/2019 09:14

Back over 20p is the next target.

[broncowarrior] 28/6/2019 21:14

Risen from the ashes. Fair play.

[youkme] 28/6/2019 15:07

Edged my bet at 13.19 Graham
Play a dangerous game of holding longer with the rest. Particularly with WSG track record. But you never know they might have turned a corner? Can’t see the nomad signing off these RNSs lately even for them!

[graham1ty] 28/6/2019 14:11

Placing next week ? Or the one after ?

[youkme] 28/6/2019 14:07

Easy money nowenter, every dog has its day. You can make money on dogs you know? It’s one of the most ramprastic stocks out there so why not ride the wave.
Question is to hold for possible confirmation of actual contract signed or bail? Given 7 years of no contract it’s a tough one

[altered carbon] 28/6/2019 13:52

We are breaking out of that downtrend channel

[altered carbon] 28/6/2019 13:52

We are breaking out of that downtrend channel

[ianb5004] 28/6/2019 13:51

Looking good.

[altered carbon] 28/6/2019 13:51

Gimme gimme gimme more

[nowenterprise] 28/6/2019 13:29

Nice RNS confirming start on Tuesday 2 July, price got a fire under it. Sweet. Very quiet here lol.

[someuwin] 28/6/2019 12:55

Ghana is a huge deal for WSG. But the potential of the new Saudi Arabia JV is on another level altogether.Plus all the other known and unknown deals coming to the boil too!

[someuwin] 28/6/2019 11:55

Its as good as a done deal now - keep buying imo.

[someuwin] 28/6/2019 11:39

28 June 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

Westminster Group Plc

('Westminster', the 'Group' or the 'Company')

Formal Opening of Tema Port, Ghana

Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to note the formal opening of the new Tema Port facility today, Friday 28 June 2019.

In the Company's AGM Statement on 18 June, it was announced that Westminster had entered into a Technical Partnership Agreement with a Ghanaian company, Scanport Ltd. with the aim and purpose of entering into substantive negotiations with Meridian Port Services Limited ('MPS') regarding a contract to manage, operate, maintain and upgrade, as necessary, the container screening services at this new port. It was also noted that a Letter of Intent was received setting out the preliminary terms regarding the appointment and scope of work and that negotiations were underway towards concluding a contract within the 30-day exclusivity period. These negotiations are proceeding, and draft contracts have now been exchanged. Westminster's revenues will commence once the final terms have been agreed and the formal contract finalised. Further details will be announced in due course.

The first phase of the $1 billion USD Tema Port expansion project will be formally opened for business today with commercial operations expected to commence on 2 July 2019 when the facility is expected to receive the first vessel to discharge its cargo consignment.

Westminster is pleased to confirm that it has a team on the ground which has already undertaken the initial phase of recruitment and training, and that scanning trials have been undertaken ready for commencement of scanning operations.

For further information on the port please see

[someuwin] 28/6/2019 08:49

Moving now.

[someuwin] 27/6/2019 14:42

The new $1.5bn Tema Port in Ghana officially opens Tomorrow (with first ships due next week) WSG will be in charge of all container scanning.

Importantly, they will get paid for the total throughput of containers coming into and out of the port (capacity over 3.5 million pa), irrespective of how many actually get scanned.

[vimster] 27/6/2019 14:18

Yes there definitely is more good news coming.