Westminster Share Discussion Threads

[apache_dropout] 10/8/2021 16:15

Criminally overvalued.

[on target] 10/8/2021 13:46

Need to get that contract ratified - better get it sorted soon as it's meant to start next month!

[drmaccers] 10/8/2021 12:44

Criminally undervalued. Forward PE of 3 is nearly unrivalled on AIM

[graham1ty] 10/8/2021 12:42

Is the propeller mended yet ?

[apache_dropout] 10/8/2021 12:14

Over valued rubbish.

[drmaccers] 10/8/2021 11:36

It's the best share ever.

[unknowntrade83] 19/7/2021 14:23

Some decent buys been holding this up, question is, is it ii's buying up... ;-)

[dave4545] 19/7/2021 13:43

Stands out on my monitor for support in the last 2 hours

[drmaccers] 19/7/2021 11:56

Have a look on internet. Fowler co firmed too. The 5 DRC airports were running at over 1mill passengers outgoing per year pre Covid, then dropped to half. They will get $25 per embarking passenger so building in a huge safety net in the $6mill first year expected revs. He stated it's a $500mill+ contract. 20 years, 1mill+ passengers at $25 each. Then there is the cargo screening...

[dave4545] 19/7/2021 10:25

Today is just a car crash.

The reckless measures by the government have killed our penny share market and now the FTSE itself is collapsing

Wsg for me is a bargain but even bargains struggle in bear markets

[deanowls] 19/7/2021 10:20

My bad. I took it as SL not DRC. Apologies.

Comments on fees for certain flights and how airport figures are reported stand.

[on target] 19/7/2021 09:45

They only announced the contract in June!

[deanowls] 19/7/2021 09:45

Just checked the 2019 accounts. Pax served for the whole year and this was prior COVID and their record year, 121,000.

Dyor.

[deanowls] 19/7/2021 09:30

Not true Maccers. Not true at all.

If there were firstly 1m pax and I am not disputing this if you’re saying 25 per pax where we s the 25m dollars booked by WSG.

Now here’s something I do know. Airports report both incoming and out going pax. I would expect and if you want you could ask WSG this as I maybe wrong that they take a few from the airline for departing pax only.

Then you have international flights and internal, they may only be taking from international as internal flights are usually hand luggage or they may get a small fee for providing the scanners to handle the foot pax if indeed they do handle this aspect of the operation. Some airports will have different service providers for different services.

But in no way did they get anywhere near 25m dollars per COVID.

[drmaccers] 18/7/2021 20:35

Last line autocorrected.So as Dave was worried about targets they are being very conservative. Perhaps 50% so for DRC Year 1

[drmaccers] 18/7/2021 20:33

"Booked in" in that the people who need to fly and containers that need to ship are predictable.Tema port for example is growing with new berth opening sept.DRC numbers are apparently based on 1/2 usual Covid passenger numbers and then conservative.To get the $6mill revs "booked" for 2022 in broker note, would need 240k passengers at $25 each. The fact is there was over 1 million passengers a year pre Covid and it's running at 500k now. So as Save was scared of before they are being highly conservative

[graham1ty] 18/7/2021 13:48

And if the total cost of the share issue last year was £733,000 ( from the results, and over 10% of the £6.9m raised) and probably about £250,000 on this years £2.5m raised, then the house broker would not overegg this would they ? They can be relied upon to be totally objective........

Some will have gone to lawyers, accountants, etc, but WSGs broker will have done very well, thankyou very much.

[dave4545] 18/7/2021 13:36

Or another way.

House Broker forecast £2 mil profits and company does make that £5 mil shares go crazy.

But if they forecast £5 mil and they make £5 mil it's seen by the market as oh they have met their forecast no big deal.

Frustrating game

[dave4545] 18/7/2021 13:33

Personally I hate it when a broker pencils in a really high profit target when they have years of losses or break even.

Example.

2 stocks both 5.5-5.6p both worth £18 mil, identical fundamentals and business.

House Broker A targets £3 mil profits for 2021

House Broker B targets £5 mil profits for 2021.

Company makes £4 mil profits in 2021.

Shares plunge because well below House broker A forecast of £5 mil

Shares soar because well above House Broker B forecast of £3 mil

They are really setting the bar high given WSG long history of losses, I'd have preferred, losses to break even then say £2-3 mil profits growing steadily. They are really demanding a perfect year next time no issues to hit that profit forecast.

[deanowls] 18/7/2021 13:21

Maccers. How are they booked in when it needs passengers to fly and containers to move.

Nothing is booked in. Certainly not 5m profit.

At least understand what you have “invested̶1; in.

[this_is_me] 17/7/2021 12:25

From: hxxps://masterinvestor.co.uk/equities/small-cap-round-up-featuring-smiths-news-augean-hotel-chocolat-and-more/?mc_cid=b25d8e3bc4&mc_eid=101881f8e5

Westminster Group (LON:WSG) – This managed security services and technology-based security solutions group has won another useful contract. This one refers to it supplying security services to help protect the historic Royal Palace and Fortress of the Tower of London. That is added to the recent contract news from the group – the long-term Central and West Africa mega-million contracts, as well that at the Palace of Westminster. Its profile is growing and so too are its shares, now 5.85p. Higher to go yet.

[drmaccers] 17/7/2021 11:38

Post away regardless. Whatever me or you post here makes virtually no difference to anything. I just find the psychology interesting as to why you do. Basically all the 2022 revs/profits are booked in at the point ????

[graham1ty] 17/7/2021 09:00

Maccers, if it makes £5m, I undertake to cry into a bowl of cornflakes. If it does not, I will continue to post !

[drmaccers] 17/7/2021 08:06

This year Graham. And make £5mill next year.When will you cry into your cornflakes when you watched your hated WSG 10 bag?