Westminster Share Price (WSG)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Westminster	LSE:WSG	London	Ordinary Share	GB00B1XLC220	ORD 10P

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	-0.25p	-1.23%	20.00p	180,357	12:27:36
Bid Price		Offer Price	High Price	Low Price	Open Price
19.50p		20.50p	20.25p	20.00p	20.25p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Support Services	4.4	-2.0	-2.5	-	24.32

Related Shares
Experian (EXPN), Ferguson (FERG), Servision (SEV), Nakama (NAK)

Westminster (WSG) Latest News

Westminster News

Date	Time	Source	Headline
05/4/2018	12:51	ALNC	Westminster Group Starts Project In Middle East As Receives Payment
05/4/2018	11:00	ALNCF	Alliance News Flash Headline
05/4/2018	10:51	UKREG	Westminster Group PLC Middle East Vehicle Screening Contract Update
28/3/2018	14:37	UKREG	Westminster Group PLC Major Middle East Project Opportunity Update
28/3/2018	14:37	UKREG	Westminster Group PLC New $4.5m Contract Award - Middle East
02/3/2018	14:18	ALNC	UPDATE: AIM Turmoil Amid Beaufort Insolvency As Placings Put On Hold..
02/3/2018	12:28	UKREG	Westminster Group PLC Change of Adviser
28/2/2018	07:00	UKREG	Westminster Group PLC Total Voting Rights
31/1/2018	09:38	ALNC	Westminster Group Raises GBP750,000, Makes Baldry Executive Chair (ALLISS)
31/1/2018	07:05	UKREG	Westminster Group PLC Issue of Equity

More Westminster News

Westminster Takeover Rumours

Westminster (WSG) Share Charts

1 Year Westminster Chart

1 Month Westminster Chart

Intraday Westminster Chart

Westminster (WSG) Discussions and Chat

Westminster Forums and Chat

Date	Time	Title	Posts
23/4/2018	10:51	Westminster Group (WSG) Secure future	13,723
23/4/2018	07:30	Not for rampers	1,149
21/3/2017	06:22	Plenty of upside for Westminster Group says Doc plus #blnx #tsco #gkp #lgo #sbry	1
20/3/2017	16:50	TipTV: Westminster Group Support towards 30p	2
11/8/2014	14:55	Westminster Group (WSG) - recovery from 40p zone.	-

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Westminster (WSG) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2018-04-24 14:52:55	20.22	4,909	992.76	O
2018-04-24 14:51:55	20.10	114,422	22,998.82	O
2018-04-24 13:00:25	20.10	9,950	1,999.95	O
2018-04-24 12:56:30	20.10	5,000	1,005.00	O
2018-04-24 12:11:23	20.10	5,013	1,007.61	O

View all Westminster trades in real-time

Westminster (WSG) Top Chat Posts

Date	Subject
24/4/2018 09:20	Westminster Daily Update: Westminster is listed in the Support Services sector of the London Stock Exchange with ticker WSG. The last closing price for Westminster was 20.25p. Westminster has a 4 week average price of 19.25p and a 12 week average price of 19.25p. The 1 year high share price is 29.50p while the 1 year low share price is currently 8.63p. There are currently 121,618,420 shares in issue and the average daily traded volume is 556,217 shares. The market capitalisation of Westminster is £24,323,684. Read Full Thread Reply
08/4/2018 08:10	youkme: Yes but if the share price is where it is it will take far more shares to repay the 2.2m. It can only convert at 35p if the share price is at or above that price. So as you say 2.2m in cash or X number of shares depending on what price share price Angel can get them away at imo. Couple that with the "keep the lights on" and circa £3m might not be an unreasonable amount. Can share price Angel get that much away? Who knows. Nominal value at 10p darwin might well be interested AGAIN imo Market cap £26m, as I say considerable dilution can be expected just imo Read Full Thread Follow Reply
28/3/2018 15:49	graham1ty: Tax, the tech division contract is a very good one. Brilliant in fact when you consider how that division has declined. That alone should have taken the share price up to 25p. So, nothing factored in for the ME contract ? Still nothing signed Read Full Thread Follow Reply
23/2/2018 08:01	youkme: Thats why I think it needs reporting? Surely someone can see that the ultra ramptastic RNS over the years are always when the company share price is rock bottom and in some cases below their nominal value so they can't raise money! then RNS and bobs your uncle, placing! Read Full Thread Follow Reply
16/2/2018 08:11	graham1ty: 4/10 £250,000 in placing at 33.5p 4/10 £500,000 in placing at 41p 8/10 £505,000 in placing at 20P 10/10 £1M in placing at 25P 7/11 £625,000 in placing at 12p 4/12 £500,000 in placing at 17p 7/12 £1.4m Loan Note 2/13 £1.48m in placing at 30p 4/13 up to £5m at prices yet unknown 6/13 £1.18m convertible loan note 7/13 £100,000 drawdown from EFF 9/13 £700,000 drawdown from EFF 9/13 issue of 4.6m shares against the Convertible 9/13 £200,000 under the EFF 11/13 £530,000 under the EFF 3/14 £450,000 EFF/new investor 8/14 £1.25m at 40p 12/14 £1m at 25p and 33p ( EFF) 4/15 £2.3m ( gross) from CULS and EFF 10/15 £1m gross from CLN. 2/16 £475,000 Loan Note to Darwin 6/16 £1.3m from institutions at 10p 11/16 £1.1m from Darwin 02/17 £0.6m from a new investor at 11.625p 04/17 £1m from Beaufort at 10p 09/17 £750,000 from Beaufort at 10p 1/18 £750,000 at 22p Twenty Five fundraisings since 2010. Raising £23.3m. For what ? A company still bleeding cash, still losing money. And no reduction in the run rate. £3.3m raised in 2015. £2.9m raised in 2016. £2.3m raised in 2017, and now £750,000 to start off 2018. But however you cut this, it still looks like about £600,000 to £800,000 per quarter just to keep the lights on. And in four months time, they have to either pay off the £2.2m Convertible, or pray the share price is over 35p, or change the terms and roll it over. One other thing, not really mentioned. In the table above the amounts raised is gross. The last Annual Report showed that the £1.675m raised in 2016 from Convertible Loan Notes cost......£272,000 in fees and costs !!!! So, 16% was paid away in fees !!!! Not only did Darwin screw shareholders, they absolutely screwed WSG. If you are desperate, and end up at Darwin, they can charge 16% for the privilege !!! Unbelievable This recent raise keeps them going probably until close to end June, but by then they need another £2.2m. If they have not announced the contract by then, everyone will have given up.... So, gross raised since 2010 is £23.3m !!!! And what is there to show for that ? At the interims Net Assets were £3.52m. But they have told us they are writing off £2.6m for the ferry. So, Net Assets, when they announce the 2017 figures will be under a million. Raise £23m..........get an unprofitable business and less than £1m to show for all of this Read Full Thread Follow Reply
29/1/2018 11:14	twistednik: Share price is well up but would be a lot higher if the market had confidence in management delivering! They've over-promised a lot historically. We should see a significant uplift in the price once news is confirmed IMHO. If we go a few more weeks without hearing anything, people will get nervy / suspicious and begin to take profit. Read Full Thread Follow Reply
12/1/2018 16:12	loobrush: Price rising as share price is still way to cheap with phase one of contract worth at least euro 22 million per annum for 10 years = (euro 220 million). Thats only the start as contract due to increase to probably euro 330 million Announcement due anytime in January-not may days left. Share price should rise to at least 50p -could be a lot more. Read Full Thread Follow Reply
23/12/2017 16:34	nick2412: Profit margin on the ME contract should be about 50%. There will be upfront costs hence the funding but this should primarily come from a bank loan backed by UKEF (UK Export Finance). Reason for most if not all of the envisaged funding coming from a bank loan is because:- a) WSG deliberately sought a replacement FD whose background has been heavily involved with UKEF. b) In the context of Brexit the Govt is trying to help companies get contracts in non EU countries hence the countless references by WSG in the last 12 months to 'high level' UK Govt support. c) the contract looks like it is quite probably Muscat / Oman with the new terminal trials set to conclude with the test flight which I think is today. Liam Fox announced in April this year that the amount of UKEF finance for companies with contract with Oman has been increased from £2b to £3b d) The business model with WSG getting automatically paid direct by the airlines will easily meet the criteria of UKEF. So most of the funds will come from UKEF and perhaps a small equity raise. 121m shares in issue now and conservatively I'd factor in 135m shares. The £2.5m loan is I believe convertible at 30p in June or July next year so that accounts for circa 8m shares as when the contract, that looks nailed on, is hopefully signed in January the share price should be well above 30p so I'd envisage conversion rather than repayment. Once this LOI is converted into a contract then credibility is established both with the clients for the other MOU's and the market should give some weight to these. So a 15 year contract worth £22m for the initial phase with a 50% profit margin should get a decent P/E assigned. Also if it is Oman the passenger figures projected were 12m per annum but Oman has had growth and there is planned scope, subject to demand, for increased capacity right up to a maximum of 48m over time. Oman like a few ME countries has plans for a futuristic city. The are other international upgrades as well which WSG may be involved in either from announcement on the contract or in additional phases. So that leads to the question what m/cap should the market assign to a company (when it gets confirmation) with an initial phase contract of £22m, an estimated 135m shares in issue, profit margin of about 50%, scope to fund it primarily with UKEF and perhaps a small equity funding contribution. With a P/E of 10 we are looking at 74p . A P/E of 15 gives 111p. I'd argue for the latter given the £22m figure is the first 'phase', there are other MOU's plus the potential border contract in the same area that will suddenly gain credibility and be factored in. Understandably, given the delays, these MOU's plus the potential border contract currently have zero value factored into the share price. The market usually discounts so I wouldn't expect an immediate post contract £1 a share price but if the funding is, as I'd expect, primarily UKEF based then it should do over time. Pre-contract then I can see the price trending to mid 20's. Interesting times and a nice Christmas announcement. Read Full Thread Follow Reply
07/12/2017 14:42	youkme: very strange share price over the last few days even by wsg (dog of the year?) standards Any ideas? Read Full Thread Follow Reply
29/6/2017 14:09	loobrush: WSG is a risky share to buy,however having said that I must admit the AGM statement and comments from those that attended AGM is indeed very bullish. Clearly the Directors who are flying to see the customer expect to come back with an order otherwise they would not have mentioned it. The share price, if the contract is won could easily surpass 60p based on the contract value and once one contract is agreed I feel that the others might well also follow as it will give others the confidence to go ahead. So to my mind you risk the share price dropping 50% if its a no go or it multiplying by 400% or more if the contract comes in. I think that even if news comes out that they have flown could well see a price in the mid twenties,it has reached 30p before on possible news. . All in all this is one of the best odds on thing I have seen on Aim this year and have increased my holding. Read Full Thread Follow Reply
22/11/2016 13:13	loobrush: lse comment Opinion: Strong Buy Price: 16.125 View Thread (6)Loan note terms-detailToday 12:48Reading the RNS carefully I have noted the following. The loan is such that it is not all issued at once,WSG can take it as required in £25,000.00 bites. Conversion terms of loan are- no conversion before January 1st. After January 1st conversion to be at the lesser of 63p per share or 90% of the average of 5 lowest days out of the ten preceding conversion. So to me it is clear that WSG are expecting AN ORDER PRIOR TO XMAS in which case either they can pay of theamount of loan drawn or the price Darwin can convert the loan at will be much higher than todays price. Also they don't have to take all the loan if they don't want to. Darwin also have warrants converible at 28p The loan is very flexible in that basically WSG pay 10% for all they borrow, but they could borrow nothing or the whole amount. Whilst Darwin will get 10% on all borrowings, if the share price takes off prior to Xmas they wiuld have to pay 28p to exercise the warrants and the loan could be converted (terms as above) ata discount to the share price then. So there is no reason why the share price should have dropped so much today in my view as this is all pointing to WSG expecting a deal before Xmas. As this loan with Darwin was also agreed with their major shareholders they must have information that indicates this will be so. Its a great 50-50 gamble that they will achieve this-so I have added to my holding-the next weeks prior to Xmas should be very exciting Read Full Thread Follow Reply

Westminster share price data is direct from the London Stock Exchange

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