Westminster Share Discussion Threads

[on target] 15/6/2021 08:30

I guess this is the ‘catch’. What are the wage bills of all these staff?

“Under the contract, Westminster will assume the employment and management of the airports' aviation security teams and technical staff and fund the upgrade of the security infrastructure, installing new security equipment and fencing, including a wide range of detection and surveillance technologies which will be maintained and updated throughout the life of the contract.“

Revenue might be $6m+ but the bottom line will be far less based on the above.

[babbler] 15/6/2021 08:24

That was ages ago and most sold by now with bordum

[this_is_me] 15/6/2021 08:19

There is a huge stock overhang from the giveaway placing so there is very likely to be plenty of selling over the next number of days.

[deanowls] 15/6/2021 08:16

I’d expect it to rise and if they can manage it locally it’s a good contract. I’d expect some form of fund raise to get it off the ground tho.

And remember TIA

[philjeans] 15/6/2021 08:12

Off the bottom and rising........

[dodge_city] 15/6/2021 08:03

Great job Mr Fowler.

[philjeans] 15/6/2021 08:02

Easy doubler here now.

BUY

[graham1ty] 15/6/2021 07:34

“Reaches the parts other beers cannot reach”

Mainly because they would not want to go there.

I wonder how much competition for a country such as DRC ? Going to be fun recruiting expats willing to go and set this up

[bean02] 15/6/2021 07:33

12.8 resistance. Hee hee. Gla

[drmaccers] 15/6/2021 07:27

Jam tomorrow ffs lol

[dave4545] 15/6/2021 07:23

Wonder how the mm's will open this one then.

Considering how bombed out the share price is and low market cap if I was a mm I'd not offer a bean of stock below 6p but maybe one will want to clear their lines of stock first and let some lucky people in below 5p, they cannot open this near unchanged surely.

[this_is_me] 15/6/2021 07:11

An important breakthrough. It will have a big effect on turnover numbers for 2022.

[philjeans] 15/6/2021 07:08

Excellent news of a significant new contract in The Congo.

Westminster shares super value down here.

[optomistic] 12/6/2021 10:33

Thanks dgarvey...so that is one that we had but have now lost :-/

[dgarvey] 12/6/2021 10:15

Contract taken over by iJet.1

[optomistic] 11/6/2021 15:37

dgarvey "Juba Airport in Southern Sudan"

2009 that contract, has that all expired and forgotten now dgarvey?

[dgarvey] 11/6/2021 13:26

https://www.google.com/url?sa=t&source=web&rct=j&url=

[dgarvey] 11/6/2021 13:25

None of them are earth shattering but it does help build contacts and confidence in their services.

[dgarvey] 11/6/2021 13:23

https://www.wsg-corporate.com/news/category/contracts/

[drmaccers] 08/6/2021 08:43

They've won and continue to win many contracts. They are now in a position with cash in the bank and cash generative so the operational gearing can take effect and increasing revs boosts profits exponentially

[drmaccers] 08/6/2021 08:42

I've given multiple they just get ignored.Revs are growing YOY. 2021 is predicted to be £16mill with £1.5mill PBT according to Arden note. 1/2 way through the year they confirm they are on target for this. 2022 is then £23mill revs and over £5mill PBT. A large majority of the revs are multi year contracts so there is great revenue visability into the future

[deanowls] 08/6/2021 05:00

Well it is to an extent isn’t it. The market as a whole. The task is to find individual companies outside that.

I’m still waiting for a decent bull case here other than the “USA will change 40 years of policy and we will supply the whole of Iran” brigade.

[loafofbread] 07/6/2021 21:31

Did the same with NSCI earlier in the year @52p.

Don't forget the market is never rational.

[drmaccers] 07/6/2021 20:48

Read where? The RNSes? Annual reports? Emotional investing loses you money