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WSG Westminster Group Plc

1.80
0.35 (24.14%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Westminster Group Plc LSE:WSG London Ordinary Share GB00B1XLC220 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.35 24.14% 1.80 1.70 1.90 1.95 1.40 1.40 6,401,128 14:30:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 9.53M 121k 0.0004 45.00 5.95M
Westminster Group Plc is listed in the Security Systems Service sector of the London Stock Exchange with ticker WSG. The last closing price for Westminster was 1.45p. Over the last year, Westminster shares have traded in a share price range of 1.04p to 1.95p.

Westminster currently has 330,514,660 shares in issue. The market capitalisation of Westminster is £5.95 million. Westminster has a price to earnings ratio (PE ratio) of 45.00.

Westminster Share Discussion Threads

Showing 16851 to 16869 of 18600 messages
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DateSubjectAuthorDiscuss
26/6/2020
11:12
If there is no significant update in July this will be 7pence in the blink of an eye!
dbnout76
25/6/2020
16:19
Airports will have to put these fever screens in, otherwise passengers wont have the confidence to travel. I expect a major announcement next month.
igoe104
25/6/2020
16:05
If enough airports and businesses buy Westminster's screening solutions then the 2nd wave should be less severe.

Ended flat on a generally volatile day, blue tomorrow I suspect as today's positive news sinks in.

bountyhunter
25/6/2020
13:43
Good news CoVid is coming back.
dodge_city
25/6/2020
11:31
Nothing left at 11p now

Never should have went down in the first place

Should get to 12p soon enough

dave4545
25/6/2020
08:53
Westminster Group starts PPE vending project and sees unprecedented growth opportunities.
igoe104
25/6/2020
08:53
Try buying chaps no quote for even 5000 shares online
dave4545
25/6/2020
08:51
I'm adding, in readiness for a extremely positive RNS.


Following successful fever screening trials at Stockholm's Arlanda Airport, both Menzies and their clients have been impressed with the versatility of the system, adapting to different challenges and processes within the airport environment. As the trial period comes to an end, Menzies Aviation is confident that they can now offer the Westminster solution to their global clients as part of their wider commercial package.

igoe104
25/6/2020
08:42
Cannot buy even 5000 online at 10.5p

Watch this reverse from red to blue and all the pi's scramble to buy in again

dave4545
25/6/2020
07:40
The share price movement this morning says it all really.
dbnout76
25/6/2020
07:38
Because no one believes a word that comes out of Fowler's mouth.
dbnout76
25/6/2020
07:38
I am greatly in favour of boring companies - they tend to get on with making money. I hope that WSG becomes more boring in the future with revenue and profits rising predictability.
this_is_me
25/6/2020
07:36
Menzies operate at over 200 airports worldwide, you would think this is positive for the share price so why the fall ?
igoe104
25/6/2020
07:26
Clearly people are not impressed...sub nominal here we come again.
dbnout76
25/6/2020
07:12
Is this the most boring company in the world?

You can't get more boring than vending machines selling face masks. It's a real turn off for investors and Fowler must be one of the most boring CEOs in the world.

dodge_city
25/6/2020
06:48
Great chance for Riverfort to sell more shares.
dodge_city
25/6/2020
06:32
A very positive statement, well done to all at Westminster!

"In our 2019 Annual Report I was pleased to report that we have achieved impressive year on year revenue growth over the past few years and that we expected this to continue. Notwithstanding the impact of COVID-19, trading for 2020 started on a positive note and this has continued throughout the first six months of the year. Since the start of the COVID-19 crisis, we have maintained full employment of all our staff and have remained extremely busy, even expanding parts of our business. We are continuing to manage our cash resources well, and as of today's date the Group has cash in the bank of circa GBP1.7million.

"I am pleased to report that our container screening operations in Ghana have been largely unaffected by COVID-19 and continue to generate healthy returns.

"Following successful fever screening trials at Stockholm's Arlanda Airport, both Menzies and their clients have been impressed with the versatility of the system, adapting to different challenges and processes within the airport environment. As the trial period comes to an end, Menzies Aviation is confident that they can now offer the Westminster solution to their global clients as part of their wider commercial package.

"As previously announced, we have embarked on a project to introduce specialist 'unattended retail' vending machines that dispense masks and facial coverings to the UK market. For this project Westminster has entered into two exclusive partnerships in order to deliver the best possible vending solutions to clients. Tru Vend are a subsidiary of an existing supplier and are the manufacturers of a wide range of vending machines specifically for PPE items. Westminster has signed a UK exclusive agreement to distribute and market the machines in the UK unattended retail space. SV365 Technologies are Westminster's second partner in this venture and have been involved in the vending machine industry for 30 years bringing a wealth of experience to the process. SV365 will manage the day to day operations, restocking and maintenance of the deployed machines across the UK, utilising Westminster's products, as well as delivering the cutting-edge telemetry technology. The telemetry systems are the only one of their kind in Europe that have a live feed of the machines actions when in operation, which will give the stakeholders full live visibility of the machines performance and vending output. UV Hand Sanitizer applications and complete contactless payment methods ensure that the Westminster vending machines are the most advanced in the market, which is important, especially during the current pandemic environment.

"Continuing our programme of targeted joint ventures and strategic partnerships, we are delighted to have signed a new strategic alliance agreement with JP International Training Limited ('JP International'). As part of our expansion programme in today's "New Normal", we have been developing solutions to provide our worldwide clients, organisations and businesses with e-Learning platforms to help maintain skills and competency of their staff. Our strategic partnership with JP International will further enhance our e-product services and will allow access to industry-leading training, delivered at our clients' own pace and tailored to enhance their employees knowledge, skills and ability so they may carry out their roles effectively.

"A key strategy for 2020 has been to redefine our diverse businesses in line with our 'One Company, One Vision' approach which involved rebranding parts of our business to better reflect the global Westminster brand. To those ends we are implementing several new strategies.

"We have recently launched the first phase of the new Westminster website. The website has been designed to ensure the visitor journey throughout the site is an informative interaction with the Westminster Group and its strong and trusted brand. The new website is still a work in progress with more content and applications constantly being added. The other Group websites are in the process of being migrated. The new website brings better focus on the Group's vast range of LAND, SEA & AIR products and solutions, and will in due course encompass a sophisticated e-commerce section and enlarged customer and investor engagement areas.

"In addition to the new website, a re-branding exercise was completed with the Westminster Group logo being modernised and aligned with tones and formats of the new website.

"We have also implemented a UK focussed TV advertising campaign across a variety of channels, with the theme 'Get Back to Work Safely'. Whilst this is principally targeted at generating sales, it is equally designed to enhance brand awareness and the expansion our UK client base. We have also expanded our product base to not only include all levels of fever and detection and associated equipment but also a range of sanitisation products and systems to assist businesses maintain compliance with social distancing requirements.

"These are exciting times for Westminster, and I look forward to the website's further expansion in the weeks ahead together with the various other expansion and marketing initiatives we are undertaking.

"Despite the lockdown and inability to travel, discussions have been continuing with a number of prospective clients for significant managed services contracts.

"Over the next few months and years, we have an opportunity to achieve unprecedented growth from the prospects we are pursuing, and the Board and I remain committed to delivering on this potential."

bountyhunter
25/6/2020
06:30
Very upbeat statement. COVID is the best thing that ever happened to this company.
samdb
25/6/2020
06:29
Ahhh I see why you think this is me now.....for the record it's not. Look closely and you will notice that they are different names.
dbnout76
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