Westminster Share Discussion Threads

[bountyhunter] 30/4/2020 20:10

no problem bunz I'm still in NCYT still some way to go there imho

[bunz3] 30/4/2020 18:07

SORRY WRONG BOARD at 16,53 today
watching to many shares today

[bunz3] 30/4/2020 16:53

so amusing the predictions of derampers
the strength of this share now
the income now coming in
the manufacturing increasing
to try and match the demand
people post regarding other shares
if they want of some
they braver than myself
punt money for some of big enough risk
if no income coming in
or approval ncyt has in countries
every one do their own research
work their own risk out
personly feel relaxed now with this share
if the elastic snaps in some of other shares
happier with out to much money in them
have lost big profits in
shares in the past
with the wrong rns

[igoe104] 30/4/2020 15:10

Here is the BBC link.

[1liam] 30/4/2020 13:48

Little bit of news and the confidence picks up. Along with the share price.

[stockport loser] 30/4/2020 13:21

watching it now,

[rivaldo] 30/4/2020 13:08

There's going to be a big report on the BBC news in a minute about thermal cameras and their potential across the country...

[igoe104] 30/4/2020 11:01

It's a shame they cant move to the Nasdaq. They would multi bag if they moved from AIM to the Nasdaq. wsg would need more of a American presence to able to do that.

[1liam] 30/4/2020 10:33

Holding up very well. Bodes well for the coming days ahead ;)

[1liam] 30/4/2020 08:23

Nice blue start to the day ;)

[rivaldo] 30/4/2020 07:32

I also thought the update and outlook were nicely positive.

Thermal cameras are one of WSG's products. So this is from the BBC overnight:



"Will thermal cameras help to end the lockdown?

Thermal cameras detect whether people have a temperature. They are being tested at Bournemouth Airport, to see if they can detect carriers of the coronavirus before they infect others.

Hospitals and restaurants are also considering whether they could be a useful tool to enable the transition to a more normal world.

The BBC's transport correspondent Tom Burridge reports."

[1liam] 29/4/2020 21:38

Low mkt cap. No brainer, will continue to add for sure.

[davethechef] 29/4/2020 21:04

Agreed! Positive outlook reinforced.

Ups ' n' downs part n parcel with Aim stocks; gotta ride with it. But was an unfortunate Rns timing.

Having said that though, Holding firm & looking to add.

[dodge_city] 29/4/2020 19:04

You have to wonder whether Riverfort have got anything to do with todays shenanigans.

[bountyhunter] 29/4/2020 18:42

"..fever screening solutions will now be a standard requirement for airports and many commercial and governmental organisations."

That's what I've been thinking all along and the reason why I invested here when I started this thread.

[bountyhunter] 29/4/2020 18:38

"Overall, despite the disruption from COVID-19 our business has performed well and been profitable in Q1 with revenues of over GBP4.2m."

Not bad for a company with a market cap of just £15m.

[chinadog3] 29/4/2020 18:26

Who are the Auditors?

[deanowls] 29/4/2020 17:34

Any company that cannot get its accounts filed in four months have poor control practices in my opinion

Does seem they are picking up sales though which is good

[igoe104] 29/4/2020 16:59

20% swing downwards in the last couple of hours- unbelievable bunch of fragile investors we have WSG. Especially when the statement was extremely positive. That's AIM for you.

[1liam] 29/4/2020 16:19

Nothing has changed. The below is a positive from the RNS. Great opportunity to top up lMO."Overall, despite the disruption from COVID-19 our business has performed well and been profitable in Q1 with revenues of over GBP4.2m. We continue to receive a high volume of enquiries from around the world particularly around our fever screening and safety solutions, including some major blue-chip clients. We believe fever screening solutions will now be a standard requirement for airports and many commercial and governmental organisations".

[1liam] 29/4/2020 16:18

Nothing has changed. The below is a positive from the RNS. Great opportunity to top up lMO."Overall, despite the disruption from COVID-19 our business has performed well and been profitable in Q1 with revenues of over GBP4.2m. We continue to receive a high volume of enquiries from around the world particularly around our fever screening and safety solutions, including some major blue-chip clients. We believe fever screening solutions will now be a standard requirement for airports and many commercial and governmental organisations".

[bensdad2] 29/4/2020 16:18

Well that was a nice unexpected opportunity to top up on the share price drop. I continue to believe that the price will move up to around the 18-20p zone in the fairly near future, so even though I am fully loaded here, I have been unable to resist a few more.

Against:
- history of making losses
- queries about the management, due to past performance
- possible overhand from Riverfort for the near future
- adverse effects of Covid on the previous mainstays of the business: airport security and training

In favour:
- screening business is booming.
- turnover is up about 50% for first 3 months is £4.2m compared to T/O of about
£2.8m for same period last year (£5.6m for 1st half.
- the real boom in screening sales will only have kicked in during March, and has
continued throughout April, and will now continue for the short-medium term.
- airports around the world will now be looking to buy this type of equipment if
they are not using it as yet. See the comments of the boss of Heathrow last week.
- use of screening equipment is extending beyond airports. Contract secured to
supply one of big NFL teams just announced.
- new line of business established in the massive new port in Ghana.
- scope of expanding new port business around the world.
- new contract announced for non-airport security in UK (see recent announcement).
- we are still well below the price prior to the Covid-related fall in the share price

The fact is that the prospects are immeasurably better for WSG than they were just a few months ago, but the share price is still lower. Makes no sense. Nor does the sudden fall, with the results being delayed by 2 weeks. A safe bet to double (gently enough) from here over the next month or so - and all without any idiotic puff and spikes we see on all the tiny biotechs at the moment.

I am hopeless at trading, so that suits me fine. Buy and come back in a few weeks, and get a little richer without trying.

[dbnout76] 29/4/2020 16:16

This never ever fails to disappoint.....

[bensdad2] 29/4/2020 16:15

Well that was a nice unexpected opportunity to top up on the share price drop. I continue to believe that the price will move up to around the 18-20p zone in the fairly near future, so even though I am fully loaded here, I have been unable to resist a few more.

Against:
- history of making losses
- queries about the management, due to past performance
- possible overhand from Riverfort for the near future
- adverse effects of Covid on the previous mainstays of the business: airport security and training

In favour:
- screening business is booming.
- turnover is up about 50% for first 3 months is £4.2m compared to T/O of about
£2.8m for same period last year (£5.6m for 1st half.
- the real boom in screening sales will only have kicked in during March, and has
continued throughout April, and will now continue for the short-medium term.
- airports around the world will now be looking to buy this type of equipment if
they are not using it as yet. See the comments of the boss of Heathrow last week.
- use of screening equipment is extending beyond airports. Contract secured to
supply one of big NFL teams just announced.
- new line of business established in the massive new port in Ghana.
- scope of expanding new port business around the world.
- new contract announced for non-airport security in UK (see recent announcement).
- we are still well below the price prior to the Covid-related fall in the share price

The fact is that the prospects are immeasurably better for WSG than they were just a few months ago, but the share price is still lower. Makes no sense. Nor does the sudden fall, with the results being delayed by 2 weeks. A safe bet to double (gently enough) from here over the next month or so - and all without any idiotic puff and spikes we see on all the tiny biotechs at the moment.

I am hopeless at trading, so that suits me fine. Buy and come back in a few weeks, and get a little richer without trying.