Westminster Share Discussion Threads

[deanowls] 18/10/2021 15:21

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

[optomistic] 18/10/2021 15:00

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 14:38

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 14:35

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 14:29

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 10:33

Why the buying this am?

[graham1ty] 01/10/2021 08:34

Has the propeller arrived ?

[deanowls] 29/9/2021 11:18

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 12:45

Where's this ratification then? Tick-tock!

[this_is_me] 01/9/2021 19:39

Oops, corrected it.

[on target] 01/9/2021 17:18

Thanks, but wrong link. Right link is:

[this_is_me] 01/9/2021 17:11

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.

[optomistic] 25/8/2021 08:44

43 million shares...that's a lot. More than me and my mate added together ;-))

[drmaccers] 24/8/2021 12:12

Working hard Graham. Keep going buddy lol

[graham1ty] 24/8/2021 12:02

Above 5.7p expect a flood of Placees. Mugs ( surely long term investors, Ed ?) bought 43,000,000 shares at 5.7p and have been out the money for two months.

Quite a few will be happy to nick 5.8p, count their fingers and be glad of the lucky escape.

[wynterwilde] 24/8/2021 08:31

Hehe,deanowls, I wish!
However I am ex military and I really do think this coming 12 months will see a return to share price growth. A few years ago I bought in at 27p and sold at 84, so here's hoping!

[deanowls] 24/8/2021 08:17

Wynterwilde is the chairman it seems or believes more in the company than the chairman does.

[johnwise] 24/8/2021 06:59

24/08/2021 7:00am

UK Regulatory

RNS Number : 5118J

Westminster Group PLC Purchase of Shares by Director

[drmaccers] 24/8/2021 06:29

Lots of directs buying and the IIs lumping in

[this_is_me] 24/8/2021 06:09

The chairman finally decides to buy a few. He must be getting a bit more confident.

[wynterwilde] 23/8/2021 16:25

Thanks On Target, very interesting and I for one believe the story enough to have invested £10k in the business.