Westminster Share Discussion Threads

[broncowarrior] 23/6/2021 16:02

HSBC won't be taking a stake as a principal. They will be holding for someone else. Still a nice slug of shares though, whoever is behind the scenes.

[dave4545] 23/6/2021 12:31

You need to wake up and play the game.

How many times have I bought Wsg and made 100% or more in those last 6 years

Plenty

Last year it went from around 5.5p and touched 13p

A few years back it went from 8p to 30p

Or better still do not buy and sit and moan on the bb and miss out.

Makes no odds to me

[hippo] 23/6/2021 12:27

Are you for real ? Have you seen the share price performance over the past 6 years...

[dave4545] 23/6/2021 12:14

I cannot do anything for those selling for losses that cannot hold stocks.

I mean the patience levels now in stocks is crazy, no matter what news is presented infront of them they still sell and most for a big loss.

I mean if the big funds are buying at 5.7p why on earth are people still selling at 5.7p now.

Why not hold and be patient and get 10p for them perhaps 15p who knows.

[deanowls] 23/6/2021 12:10

Nobody talks about the facts though Dave. It’s a group backslapping exercise on up days and people disappear on down days.

HSBC taking a stake is good news though.

[dave4545] 23/6/2021 11:12

So predictable

Traders are just idiots these days, they sell regardless of news and facts.

A super strong placing at 5.7p and they sell below it for days because they cannot bare to hold a stock and want to lose that money on something else flying with a wide spread and they will buy that then sell it for another loss.

I really believe these will motor to double figures, why not hold and sell for that instead of placing prices, these funds do not buy to sell for 5% you know, they will sell for multiples with patience, something nobody has now

[roughandtumbleone] 23/6/2021 11:03

HSBC believes 15,679,876 at 5.7 was compelling value!

[drmaccers] 23/6/2021 10:23

There will be more RNSes as placement shares settle today

[roughandtumbleone] 23/6/2021 10:22

I think you're about to see anyone who's short or sitting on the sidelines wanting to get in. Two very strong II as investors and with HSBC they have global clout.18p broker target seems far too low.

[bean02] 23/6/2021 10:05

Like buses! The grown ups are buying ;)

[drmaccers] 23/6/2021 09:28

That's all open market buying too. Wait until placement settles.Shares are being transferred from PI to II nicely.

[dave4545] 23/6/2021 08:44

And now HSBC pops up with a stake

The scramble starts to buyback in.

If you have them as a major shareholder I'm sure they can negotiate any future
funding at a good rate.

[dave4545] 23/6/2021 08:09

They work for much bigger margins than that !

Note not one Rns to say any of them have reduced.

[this_is_me] 23/6/2021 07:59

On the other hand those institutions that got their shares at a giveaway 4p may well be happy with a 30% profit with at least part of their holding.

[dave4545] 22/6/2021 19:59

I find it crazy that a company with a already small market cap can announce two contracts with a minimum total of $130 mil turnover to come over x years can add just £3 million to the market cap.

Mind you the mm's do not have to push it to the moon if day traders have no patience to hold even if it is trading below a very strong placing price.

I reckon it will get above that 5.7p placing price again this week and then push on.

[roughandtumbleone] 22/6/2021 17:36

Well considering the Institutions were over subscribed at 5.7p I don't expect it staying at these levels for long. The broker note states 18p is fair value based on the two recent contracts and let's be honest I doubt they'd have sold the placement at a premium unless they had some compelling USP to convince the bigger boys to part with some cash. They'd have sold the placement with the enticements and we just need to sit and wait this unfolding.I'm expecting a significant upside drive looking at the current situation, recent premium placement and contract awards. Happy to wait

[dodge_city] 22/6/2021 15:49

Fowler had better announce another contract before this falls back below 5p.

[dave4545] 22/6/2021 15:42

Well mm's are bidding mid price if anybody else chasing recently wants to take a loss.

Then when it's flying next time you can buy back in way higher

Good spread online 5.4-5.44p

[dodge_city] 22/6/2021 14:27

Biden wants a deal with Iran.

[this_is_me] 22/6/2021 14:12

maccers. You are about 11 hours late with that post.

[drmaccers] 22/6/2021 08:35

https://masterinvestor.co.uk/latest/small-cap-round-up-featuring-halfords-bloomsbury-westminster-group-and-more/

[dave4545] 22/6/2021 07:39

Sadly there is a token out there called WSG so it clogs up all the twitter searches.

tipped yesterday lets see if we bounce back today

[drmaccers] 22/6/2021 07:16

Arden have had their 19/18p target published with market forecasts for some time and continually update it after every RNS. I've posted their numbers lots of times.You can get them on Sharepad for example or the full note on Researchtree

[marktime1231] 21/6/2021 22:54

Difficult to "remember" what Arden think of WSG when it is news that they have published their research. A quick interweb search indicates it is behind a wall, so thanks for the above snippets. And reveals WSG is hashtagging up a twitter storm of interest.

What is interesting is that Arden, who as house broker managed to place £2.5M of shares at a premium to over-subscribing institutions, on Thursday last week, were able, on Friday to publish their views of what all this contract news might mean. What's the betting the insiders had all seen it already?

Let's take Arden's view with a little caution, since they are being paid to flog it. Nevertheless, they are probably more qualified than anyone to assess what the contracts might mean in terms of revenue growth, a strong swing to profit next year, and WSG a Buy up to 18p. Assuming we can get through all this excitement without another diluting fund raise, which I doubt.

10p for my remaining WSG stock, yes please.