Westminster Share Discussion Threads

[blondviking] 17/12/2021 07:51

At last some good news!

[graham1ty] 15/12/2021 15:29

All the spivs and tampers disappeared. Sunk like a ferry.

Volume today about £10,000 worth.....

Not even any traders thinking it might bounce.

You are the weakest link. Goodbye

[kreature] 14/12/2021 10:34

Will take a punt at 0.01p

[terminator101] 14/12/2021 05:42

Sub 2p is where this will end up when fowlup goes for another massively discounted placing

[deanowls] 10/12/2021 21:42

0 although there is always a stream of people that invest for the promotions aed rise hoping to get a doubler.

There will be some pump go through as another cash raise will be required imho.

You’d be better at the casino picking a color and walking, as has been the case for the last several years.

[goodday1] 10/12/2021 15:42

Anyone can predict the bottom of this dog???

[graham1ty] 08/12/2021 22:21

What would a new Board do with a business with no material contracts, haemorrhaging cash, and no assets ?

[deanowls] 30/11/2021 15:58

Wonder where maccers is?

[sapper2476] 30/11/2021 14:53

This outfit don't need to keep shareholders happy. in fact, I doubt you are rarely thought of until they are forced to. This is a superb business model to fill pension pots of the Directors for a decade or so. Endless fundraising keeps the lights on, exorbitant wages paid and retirement sweet. It will eventually all end. Losers, shareholders... winners, Directors with large pension pots off to milk the next cow.

[graham1ty] 30/11/2021 14:35

How the hell did clients of HSBC shift that much stock ? They may still be just below 3%, but that means they shifted at least 2.7%. That is over 9m shares......How ?????

[graham1ty] 29/11/2021 08:37

Last one out, turn off the lights

[graham1ty] 27/11/2021 13:25

Why fair value of £5 ? This organisation haemorrhages cash, has no assets, and no profits. You could argue that some of the contracts have value. Really ? The Tower of London and Westminster are prestigious but de minimis. Lungi ? Never been the cash flow it might have been, and with new variant, probably worthless. Tema? Again, far smaller than ever expected. Possibly could be bought out of the contract by their partner. Everything else is just hot air.

WSG could spin off the U.K. security arm ( try a management buyout, taking with it Longmore. Westminster, and Tower. Raise a bit of money. But then left with nothing.

To raise the amount of money they need to carry on (say £1m to get through three months, £1m as working capital for new contracts) it will need 100m shares at 2p. So, the per share value massively diluted.

WSG has never been worth anything

[terminator101] 27/11/2021 07:48

Good research Grahan1TY. Its amazing how much shareholders cash these clowns have burned through over the years and how little value has been created. Fair value is probably around £5 million market cap, so it could easily fall another 50% from here.

[last on line] 26/11/2021 12:32

I was under the impression that WSG will not drop under 4p and was thinking about buying some at that level. How wrong was i?

[graham1ty] 26/11/2021 11:47

This could be the end for WSG. They cannot raise meaningful amounts of money, at any price. There is no point in raising just £500,000 when admin expenses eat that up every month. And even at 3p, just to raise £1,000,000 is another 35m shares.

This may be the end game playing out

[neo26] 26/11/2021 11:18

Is a placing coming?