Westminster Share Discussion Threads

[dave4545] 09/7/2021 11:46

lol

Shake of the week award goes to WSG mm's offering 0 online at 5.9p dropping on a 50000 sale

[dave4545] 09/7/2021 10:46

mm's have fallen asleep

5.7-5.9p

Last trade 100k at 5.92p premium

5.812p bid above mid price

Nothing offered online so when the mm's wake up it's going back to 6p or over

[jimarilo] 07/7/2021 11:35

follow the money

[philjeans] 07/7/2021 11:26

Looking good.

As ever, still an amazing bargain under 10p!

BUY

[dave4545] 07/7/2021 11:18

6.2p paid

I'm surprised we are still around the 6p level

7p tested this week ?

[dartboard1] 06/7/2021 18:56

Not sure you understand the corporate broker relationship and the reason for releasing such a report... bit of self interest in there and I'd take those forecasts with more than a few grains of salt.. There's some possibility of hitting the targets, but it's pretty much the most bullish thing they can release without getting sued

[deanowls] 06/7/2021 17:29

Contracts. Still not signed the new one. SL will not recover over 2019 revs where I would imagine they lost money for at least the next 18 months.
The port one, seems good and with the amount of freight etc I would expect it to grow, strength of relationship is key, many stories of governments/companies changing their minds.
Cash. Really, they’ll burn through it pretty quickly with set up costs and, staffing, capex in equipment etc. I’d expect any further contracts to require cash to get going.

Profits, I’d expect to see something booked if they treat all these costs as one off start up.

Time will tell, however history tells us cash raises, jam tomorrow keep the gravy train going.

Difficult place to do business but that may play into their hands.

[drmaccers] 06/7/2021 16:50

What's your bear case vs contracts, cash in bank and 2022 booked revs/forecast?

[graham1ty] 06/7/2021 07:35

Arden doing their best to ramp this. Got to get a turn for all those 5.7p Placees, currently out the money..........

[unknowntrade83] 02/7/2021 16:44

HSBC Seem to care ;-)

[drmaccers] 01/7/2021 18:50

And they are still adding

[dave4545] 01/7/2021 10:46

You despair at the people trading shares now in the UK

They are devoid of emotion or facts or fundamentals. They do not care what the story
if a share is not moving they sell regardless.

So people today selling the same price a giant like HSBC is adding at.

Not to mention the massive contracts signed, the strong placing etc etc

sigh

[drmaccers] 29/6/2021 07:45

Looking great. PIs have realised they shouldn't be selling cheaply to the IIs!

[johnwise] 29/6/2021 07:00

29/06/2021 7:00am

RNS Number : 3884D

Non-Executive Director Appointment

Simon Barrell, aged 62, is a Fellow of the Institute of Chartered Accountants in England. He is an experienced Non-Executive Director of numerous public companies, including those quoted on AIM, and has experience acting in the roles of Chairman, Chair of the audit committee, and sitting on the remuneration committee and nominations committees.

Simon will be assuming the role of Chair of the Audit Committee.


Commenting on Simons' appointment, Westminster's Chairman, Rt Hon Sir Tony Baldry, said:

"We are delighted Simon has agreed to join the Board of Westminster and I am sure his wealth of experience gained from a variety of business sectors, in particular working in AIM listed companies and serving on boards of growing and successful companies, will be of great value to our business as we expand and deliver on our significant potential.

"He has worked in groups in adjacent sectors who also serve emerging markets. This gives him an understanding which will be invaluable to Westminster in the next stage of its growth."

Commenting on his appointment Simon Barrell added:

"I was very impressed by what Westminster has achieved in recent years including the recent contract wins. I am joining at an exciting time for Westminster on its growth trajectory. I look forward to serving on the Board in this time of growth."

[johnwise] 29/6/2021 06:52

28/06/2021 5:45pm

RNS Number : 3880D

Westminster Group PLC Holding(s) in Company

Wishes to report that HSBC Holdings Plc notified the Company that on 22 June it owned a total of 17,881,891 shares in the Company,

[owenski] 29/6/2021 06:11

Another snout for the trough then, lol

[dave4545] 28/6/2021 21:46

I'm disappointed with the deramp hippo

$130 minimum of new contracts

premium placing

HSBC adding aggressively, for them or a client we do not know but it does not matter.

Now if this was 50-100 mil market cap perhaps I might agree with you it's price in or overvalued for now but it's £16 mil

[hippo] 28/6/2021 21:36

Must admit, disappointed with the ramp here...I expected a RNs from the company confirming they had under estimated revenue from the contract and it was double.Done that with lungi and it has fell short of even the original expectations.

[dave4545] 28/6/2021 19:26

Cannot see this staying under 6p for long now.

How many hints do pi's need now.

Meanwhile they chase Rms up again to the moon. Ask them how much their contract they signed for 300k of masks is worth...200k perhaps ?

[drmaccers] 28/6/2021 17:15

HSBC added 2.2mill more. And PIs sell lol

[drmaccers] 24/6/2021 14:54

As you you Dean, the tiny costing details of complex contracts will not be given to us. The Arden analyst will have gone over anything and has stated £15mill revs this year with circa £1mill PBT and 2022, £23mill revs and £5.3mill PBT. If you want to dig deeper then go ahead. Seems strange to be a massive bear but claim you want a randomer on a BB to sell you the company so you can buy. More likely you are just prolonging the arguement.

[dave4545] 24/6/2021 13:16

I'm pretty sure there will be a nice profit left over after other costs.

[dave4545] 24/6/2021 13:14

From the AGM 50% gross margin on the new contracts !

lovely