Westminster Share Discussion Threads

[paulscb] 11/4/2024 14:35

£10 million revenue and they need to take on further debt to realise the revenue. Oh my lord. Sell this dog.

[bimbamboom] 11/4/2024 14:25

Load up more and moreJust the start

[deanowls] 11/4/2024 14:01

You should join the wsg board then.

[bimbamboom] 11/4/2024 13:46

Dnt know whats going on here

[bimbamboom] 11/4/2024 11:33

Ive added more here

[bimbamboom] 10/4/2024 22:34

That drc deal is landing any day. Tweets are good now, videos, company is positive This is a 20 year contract with revenues forward looking and is worth 8-12p when that rns lands. I will be buying more tomorrow.

[drmaccers] 10/4/2024 20:38

They've not raised cash in getting on 3 years. Point me to how many on aim under £20mins mcap have done that?Also who cares, markets look forward. This will be a huge deal for them and makes additional ones seem all the more likely.Tough titties as they say

[hairballradical] 10/4/2024 18:40

Brother? That's me buying more tomorrow if the monks have started investing.

[deanowls] 10/4/2024 18:30

No gibbo they have been loss making and raised cash numerous times as well as the other business activity’s they have going on. It really is a honest question, have they managed to take cash out of SL.

TIA brother.

[only1gibbo] 10/4/2024 15:57

“If they get the contract how will it be financed?” UKEF

“Have they ever repatriated money out of Sierra Leone?” Clearly they have or else they wouldn’t have been able to pay the UK salaries - if you mean, have they paid a dividend, well we all know they haven’t - but the margins from this deal will go straight to bottom line. So the ability to pay future dividends will be there. That was one of the reasons for the capital reconstruction, the removal of accumulated losses to enable dividends to be paid a lot sooner than they would have had been able to otherwise.

[bimbamboom] 10/4/2024 15:34

Rns could land tomorrow with deal signed 13p target

[drmaccers] 10/4/2024 14:58

UK export finance. They are at the trade envoy and will be funding the majority with the remaining debt from bank

[deanowls] 10/4/2024 14:36

If they get the contract how will it be financed?

Noted that they will be needing. Few French speaking staff, he looked proper out of his comfort zone on that YouTube video.

Have they ever repatriated money out of Sierra Leone?

[wynterwilde] 10/4/2024 14:12

marktime 1231

And therein lies the rub!

Provided the contract is ratified this month (It was signed in 2021 if memory serves me correctly....) the share price could easily double from today's level of circa 3.40p.

However.....as you rightly say, it never seems to materialise.....so who knows.....
I'm a born optimist and am still holding........

[marktime1231] 10/4/2024 12:15

Still puzzled by the strength of the rally here, being sold on fabulous prospects which never seem to materialise, so I decided to exit this morning.

[drmaccers] 09/4/2024 16:23

https://x.com/ukindrc/status/1777702896684999156?s=46&t=3_JitvS28oCOklCUYImVoAThe trade delegation is the next 2 days in Kinshasa with UK export finance in attendance. The deal RNS, funded by UKEF will be coming this week

[homebrewruss] 09/4/2024 14:57

Also see recent company tweet/video from yesterday

[1savvyinvestor] 09/4/2024 14:52

It was flagged in the RNS. . No need for explanation. People punting on the very real prospect of substantial changes in profitability

[marktime1231] 09/4/2024 14:47

Hmmmmn still going like a rocket, doubled up in a week, in the interests of orderly markets this extraordinary movement is worth an explanatory rns. It can hardly be due to the interim results, they were of the not-so-bad rather than excellent variety and the reaction on the day was modest.

Relatively high trading volumes but even so no more than 5% of total stock changing hands today.

[lookinggood] 09/4/2024 10:36

3.8-4p Pop

[lookinggood] 09/4/2024 10:26

Hope we get to 6p before rns then mms will whack it up to 10p