Westminster Share Discussion Threads

[hamidahamida] 18/3/2021 10:06

IMO Overhang will be cleared today Onwards and upwards

[bugsbunny10] 18/3/2021 09:45

Some big buys here today.

[philjeans] 18/3/2021 09:20

UP she goes...

[philjeans] 18/3/2021 09:12

6P FIRST TARGET.

[this_is_me] 18/3/2021 08:45

However, the stock overhang due to the give away share issue at 4p is going to keep a lid on the price rise in the short term, as those who bought big in the expectation of flipping the shares quickly at a nice profit, sell out.

[this_is_me] 18/3/2021 08:39

So Dodgy, is the selling you are talking about responsible for the share price going up 7% in half an hour?

[philjeans] 18/3/2021 08:24

BARGAIN .

Right place right time.

BUY

[loafofbread] 12/3/2021 10:14

Some decent airport/vaccine news out yesterday.

Uplift in passenger traffic bodes well for us.

[deanowls] 11/3/2021 12:45

Boom. Apparently two people spotted buying a face mask at their vending machine.

[philjeans] 11/3/2021 12:07

So much potential but priced to fail!

BUY

[loafofbread] 11/3/2021 11:26

Lets hope someone has had a sniff of the next deal!

[optomistic] 08/3/2021 10:14

....and we all know what thought did LOL

[graham1ty] 08/3/2021 09:04

I thought they had won an £8bn contract ?

[this_is_me] 08/3/2021 09:02

LOL 6 trades so far and the share price hasn't budged. Even if it happens it is not likely to make a huge difference on its own, particularly with the huge overhang caused by those who were given cheap shares at 4p expecting to flip them.

[graham1ty] 08/3/2021 08:22

Absolute frenzied activity in WSG shares this morning. Getting ramped through the roof

[philjeans] 06/3/2021 17:18

I wonder if little WSG will be involved in this?


"Yes, even MyHealthChecked (MHC) where I am a shareholder should have its shares suspended. The reason is a webpage which went live yesterday and which is now being widely discussed on social media which seems to show that the Government is soon to announce contracts worth £8 billion for covid test suppliers. This is going to cause share price mayhem on Monday.


Shareholders in Avacta (AVCT), Novacyt (NCYT), MyHealthchecked and others are already speculating wildly. My suggestion to the Oxymorons at AIM Regulation and to the FCA is that the markets on Monday will be extremely disorderly and that they should thus force all companies who claim to be involved in Covid testing to issue a statement as to whether or not they have submitted or will submit a tender. And then to suspend all the shares until the tender results are known.


Of course that will not happen. Folks will instead engage in Leni-Maths and arrive at quite spectacular conclusions which will, almost certainly, be completely wrong.


And then, I gather, that the webpage, will be updated once a day as new contracts are concluded. That may well be a transparent way for the Government to operate after the contracts for chums stink associated with PPE contract awards a year ago. But it does not quite work when listed companies are involved, some of them with such low market cap’s that any material contract will be transformational for the share price.


I suggest that the FCA/AIM Regulation acts this weekend to stop manic mayhem on Monday."

That was from Share Prophets today.

This is from WSG's update last week!


We have recently entered into an exclusive service agreement with a company about to launch an innovative and verified Covid testing service with UK government approval, under which Westminster will provide a range of specialist services. Whilst too early to assess the likely scale or success of the project, this initiative could potentially lead to interesting business developments in what could be an important new service in helping to open up the leisure and entertainment sector

[mastersmix] 05/3/2021 14:12

Not sure they'd be doing any of the testing hence the service agreement with the company that is....

[deanowls] 05/3/2021 08:53

What skills do they have in COVID testing, really they hop from one thing to another. COVID testing is becoming very cheap. Next they be telling us they are taking blockchain to Africa.

[sean spicer] 05/3/2021 08:45

There's quite a few positives in the Outlook section of the trading statement including a bit about Covid testing.

[dartboard1] 04/3/2021 13:49

They should pull out of this Iran deal, ... any contract like that in Iran will be made with the blessing of the IRGC... as well as bribery risk, you'll risk not getting paid a large amount of receivables and make a much smaller margin than in the initial contract... if they end up getting this watch the aged receivables blow out...Not worth the risk

[dartboard1] 04/3/2021 13:45

Yes, a lot of talk there about potential contracts and hopefully some of them are delivered.Revenue for 2020 not a disaster considering the year we've had.. looks like they're cash flow positive (but will wait to see the annual report until that's certain) so it all depends on whether you believe they can grow revenue now.