Westminster Share Discussion Threads

[graham1ty] 01/11/2021 09:18

One patsy for another ???

[deanowls] 01/11/2021 08:58

Jobs for the boys. Loads of ladies, right honorables, majors. It’s okay having them in the board, are they out there selling something that ermmmm wsg have? Which essentially is a recruitment agency with some added on reselling of scanners.

[1savvyinvestor] 01/11/2021 07:33

Looks positive

[this_is_me] 22/10/2021 19:04

Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide has been notified by a holder of 7p Warrants issued on 22 December 2020 ('Warrants') that they have elected to convert Warrants to the value of GBP8,925 into 127,500 ordinary shares.

That seems daft when you can buy them for a fraction less than 5p in the market.

[deanowls] 19/10/2021 15:05

I can read Maccers. I read somewhere about commencing ops in October, about a contract needing to be ratified.

What I can’t read is either of those things happening or any announcement as to why it hasn’t.

I can also read the last ten years you ver promise under deliver announcements.

Tell me again where that profit will drop in, there’s 11 weeks of the year left.

[drmaccers] 19/10/2021 15:00

If you read about the company you see where the profit is coming from. Maybe you can't read? They go to lengths to tell you in the interim presentation if you can't

[deanowls] 18/10/2021 16:54

They lost 900k first half, 1.2m second half last year.

I keep asking where does everyone think a profit is coming from.

My guess they are trying to get something signed before they drop the “outside our control,blah blah blah, there’s jam tomorrow”

[optomistic] 18/10/2021 16:32

deanowls...oh ye of little faith :-))

[deanowls] 18/10/2021 16:21

They will be no profit this year. Same as previous years.

[optomistic] 18/10/2021 16:00

Points noted but I would like to see an upward move to show that it is approved by the market.
In the meantime I beleive that we will shortly see a very good announcement on profits which will be driven by the large expansion of capacity at Tema in particular, as well as the many projects that are producing good returns two of the latest being the Westminster and Tower of London security contracts.

[marktime1231] 18/10/2021 15:38

The capital reduction is a distraction, an accounting fudge. As has been pointed out they are strangely quiet on confirming the huge orders announced earlier in the year. The share price is struggling because as graham as others have put it so neatly there is a credibility gap.

[on target] 18/10/2021 15:35

Not sure you can draw any conclusions on today's RNS from the light trading today. My understanding is that this will allow the company to pay out dividends more easily, and so hopefully benefit all shareholders including the directors in the hopefully not too distant future. Obviously there is a high degree of cynicism about this company in the market, and rightly so based on past performance. The onus remains on the company to prove it wrong of course.

[optomistic] 18/10/2021 15:29

I can only assume that the market is wiser than I, so looking a today's news and the resulting share price I can only beleive it is not a good move that is to be made...yet I would love to be convinced that it is a good move for the company and its shareholders and not something that would only be advantagous to the directors.

[blondviking] 14/10/2021 11:33

Why the buying this am?

[graham1ty] 01/10/2021 09:34

Has the propeller arrived ?

[deanowls] 29/9/2021 12:18

Expecting big news tomorrow that they are live in DRC and they have cornered the market in petrol vending machines, but the reason they are behind is they have no drivers to get them to site!

[on target] 17/9/2021 13:45

Where's this ratification then? Tick-tock!

[this_is_me] 01/9/2021 20:39

Oops, corrected it.

[on target] 01/9/2021 18:18

Thanks, but wrong link. Right link is:

[this_is_me] 01/9/2021 18:11

From:


Westminster Group (LON:WSG) – taking the knee?

On Friday of this week this managed services and technology-based security solutions supplier will be presented with the Queens Award for Enterprise for its contributions to International Trade.

The company will be holding an Open Day for group clients, investors and other stakeholders at its Banbury offices, showcasing examples of the multitude of security technologies and solutions that it deploys around the world.

The mid-August announcement of its interims to end June was well received and highlighted the various contract wins that it has secured in 2021.

CEO Peter Fowler stated that “Not only are we seeing recovery and growth in our existing operations, but we are developing new initiatives and revenue streams, such as the Covid-19 testing programme, and in recent weeks and months we have announced several significant new large-scale, long-term contract wins that will produce a several million-pound step change in our annual revenues, together all underpinning confidence in our business model and growth trajectory.”

Around a year ago the shares were up to 8.27p and have since been down to 3.8p, but now at 5.7p they are looking cheap, especially so considering the group’s potential.