Westminster Share Discussion Threads

[pre] 31/1/2020 15:41

Yep thanks Rivaldo, i think that's significant in light of the current situation - orders in from Hong Kong, other countries likely to follow suit with orders for WSG's coronavirus detection system as world health organisation has declared this a global emergency plus the number of coronavirus cases have now taken over the number for Sars.

[kcowe] 31/1/2020 12:32

Took a small punt here , Cheers for the heads up rivailo... ref byot thread .

[theapplefreak] 31/1/2020 12:18

Nice to see rise is taking place now. This mornings pre open looked great but fell flat upon open. Next month will be very interesting here. The Ghana contract should be formally signed and results which are expected to be fantastic. 2020 looks to be on track for the best year yet!

[rivaldo] 31/1/2020 12:10

Cheers philjeans - credit to pre on the other WSG thread for spotting the coronavirus contract. I only used this thread as I like one with charts.

Looks like word of the contract is starting to filter out.

[philjeans] 31/1/2020 11:51

Well spotted Riv - I think that's quite significant.

Couple with good update, this is a BUY!

[rivaldo] 31/1/2020 11:16

I bought some of these this morning.

WSG have news out today on their web site that they have been contracted in Hong Kong to provide advanced fever detection systems against coronavirus:





"Coronavirus – Fever Detection Contract – Hong Kong

January 31st, 2020 News, Contracts

Westminster have been contracted to provide advanced fever detection systems to help with the fight against Coronavirus in Hong Kong

Westminster are a leading provider of detection and surveillance systems and are assisting clients around the world, by providing suitable fever detection equipment and systems.

Details of some of Westminster Fever Detection systems and equipment may be found here"

[broncowarrior] 31/1/2020 08:32

This is good stuff. Going in the right direction and the more scale they get, the better contracts they will be in consideration for.

[pre] 31/1/2020 08:17

just found this on the news section of their website - they've won a fever detection coronavirus contract in Hong Kong - posted 31/1/20:

Coronavirus – Fever Detection Contract – Hong Kong
Contracts 31 Jan 2020
Westminster have been contracted to provide advanced fever detection systems to help with the fight against Coronavirus in Hong Kong.

Westminster are a leading provider of detection and surveillance systems and are assisting clients around the world, by providing suitable fever detection equipment and systems.

Details of some of Westminster Fever Detection systems and equipment may be found here.

[pre] 31/1/2020 08:15

That is a cracking update - they are also involved in the detection of the coronavirus - see their website link on the news tab:

[this_is_me] 31/1/2020 08:02

A very impressive trading update. Some quotes:


Overview

We are pleased to announce that 2019 was a record year and the Group expects to report, subject to audit, around a 63% year on year increase in revenues to circa GBP10.9m, an increase of GBP4.2m on the GBP6.7m reported in 2018. This is the 5th year of double-digit percentage revenue growth and shows the momentum we are building.


we expect to report a greatly improved EBITDA performance for the full year as compared with 2018 which was a GBP0.38m EBITDA loss. As a business we are operationally geared in that we have relatively fixed operating costs and as our revenues continue to grow our profitability will grow proportionally faster. In this respect we believe we are now approaching an inflection point.


Our passenger numbers for our West Africa airport operations for the year are at record levels

Recent developments would indicate that the formal exchange of contracts, which the Board consider a formality given we are already appointed and operational, are likely to be signed in February 2020. We are excited by the prospects of this long-term managed services project and we expect our subsidiary Westminster International (Ghana) Ltd. to be an important and growing part of our business.


Our training business continues to grow

In December 2019, we finalised the sale of the Sierra Queen which has a book value of GBP170,000. The vessel has been sold for a total consideration of $643,000 US Dollars

In summary, 2019 was a busy year and a year of growth during which we have made significant strides forward.

[kreature] 31/1/2020 08:02

Dare I ask, has the propeller been glued back onto the boat yet?

[graham1ty] 31/1/2020 07:25

A long description of jam tomorrow

[dodge_city] 28/1/2020 22:28

If they RNS that they are selling Coronavirus detection systems to airports and given the current hysteria this will rocket,

[inthemix] 28/1/2020 18:24

https://www.wsg-corporate.com/news/coronavirus-update/

[inthemix] 28/1/2020 15:10

I've had a gamble due to the pick up in trading. Possibly a contract incoming? I hope so!

[enfranglais] 28/1/2020 14:52

Someone knows something & like all on AIM, IT STINKS!!!!!!!!!
Does anyone EVER check on the "boys in the know", who get inside information & use it for their private gain?!!!!!!

[dodge_city] 27/1/2020 18:14

An underwhelming update on Friday = 7p.

[deanowls] 24/1/2020 09:02

Look at the last seven to eight years of fundraises. Shareholders definitely do not benefit. Diluted out of it.

[dudishes] 24/1/2020 06:12

I think Riverfort got wind of Baldry some time ago, maybe time to take him out?

[dodge_city] 23/1/2020 10:20

YA and Riverfort will destroy this company, the shorting has already started.

[letmepass] 23/1/2020 10:14

Back to 7p?

[barpy] 23/1/2020 09:42

One month before 8 years without a meaningful deal.

[dodge_city] 23/1/2020 08:36

And back to square one with share price.

[youkme] 23/1/2020 08:34

more dilution. Theres a surprise