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If you can spout wishful $hite - and yet not address my reasonable questions you can put your “trolls” up your southern-most sphincter!!
There’s not a hope of them doing 15.7 in ‘21.
You’ve got a new Arden to read. Good luck.
I’ll assume that ratification happens in the next fortnight - or we start Op’s on Sept 1 without a contract AGAIN.
IF DRC doesn’t kick in pronto then there’s no hope of profit this year.
that this mornings update read well and was pleased to hear of the boots on the ground in the DRC and in Liberia. Tema also looks on track. Bodes well for some September updates.
Still many lover and haters of Peter Fowler in here I see but pandemic wise they have steered through it well and the 6 figures from the Certific side of things is a also a good start. On the travel side, news headlines of other companies test bins overflowed and things insecure and there to be stolen, and what I thought were contemptible responses from the company given the sums should only serve to help more.
Hopefully the CEO kept some bits back for the presentation.
Wouldn't it be a good idea if instead of taking your anger out on bulletin boards, why don't you put forward your questions prior to the presentation or go visit the Headquarters in Banbury on Investors day. There's not any real volume today so its probably market makers or Spreadex related. Most of the 5.7p placees seem to be holding strong.
I said that last year, and the year before, but pasty pete has bled this dry so no longer a hold strong for me, it's a hold because I have to, sure as sh.t won't be throwing any more money down the drain. This used to be a stable 10p recovery share, well, he's got his way, the traders aren't interested anymore and the share price is stuck at 5p and stagnating.
and for those suggesting i read the RNS..... most of my previous post was sarcasm! It was well known that these results were going to give no news, and perhaps the next ones will be the ones to scrutinise, however, as someone said.... the market does not want to hear buzz words, it want's facts and figures, and until he can deliver fully, this is going nowhere
Perhaps you should ask the company and Arden? There’s a Q&A on 17th and I’m sure even trolls are welcome
WSG may secure the DRC as larger companies have avoided the place- they will be bolstered by experience from SL, although this is a single smaller Anglophone airport which lacks the security threats, levels of corruption and logistical difficulties of DRC. Their remit will be much larger than Tema- which had a ready made workforce, and equipment
If things go wrong in DRC fowler will rely SH funding- not mezzanine loans
Still banging on about this and even inviting shareholders on Sept 3rd!
It's like a small child who's won the classroom colouring competition.
and 1 and 1/2 months of H2 have already gone....... Its a pity Pete didn't provide a bit more meat on the bone for how July went..... maybe he sees £2M a month coming in from his 4 MSCs plus HoP and his other side lines........ we shall know when we get the pre xmas santa message......... didnt get one last xmas as he gave us each a 4p grenade if I recall............B
But I still read....yes first half numbers are poor, but expected, what we need to look for is the second half which should show big improvement, and of course even better next year.....2022 is not that far away to look for (maybe not to everyone...)but as the local cinics keep remind us, it's all about jam tomorrow....
For me it's still strong HOLD at least until next year, each to his own as always.
GLA.
agreed win...... actually we are only back to where we were earlier in the week.... so it does seem that the no news H1 report has only reaffirmed that all eyes will be on H2.... and any corresponding SP lift will follow the increase in revenue.......Not sure any new news will help as we have still not convinced the market to put a premium on the future revenues from DRC in to todays valuation..... a shame as most companies would...... Pete has to make friends with the market, a job I do not think he is cut out for........I like Aiming am now happy to wait for 2022...........B
Would you be kind enough to breakdown what you think is going to generate 9.1m in H2?!
yrabs: i do agree with most of your post...but comparing H1 revenue with the market cap is a little disingenuous...people tend to look at full year revenue (and even then only when they don't have a decent way to assess the value of a company)
Oh, sorry. Didn’t realise that POW was worth 12m a year. My bad.
You are putting the entire H2 performance increase on DRC is the mistake you are making. All contracts will contribute along with newly started ones deep into H1 like Palace of Westminster and others.
Arden note out for you to read and Q&A for presentation on 17th for you
Yrabs - to be fair, this will be traders. Pumped over the last few days, sell whatever the news, buy in lower.
Other than RNS’s out of the blue, any diary day is a chance to trigger some activity. Traders want active days to get in or out.
They’ve £3.1mill cash and on course to make £0.9mill profit this year. Perhaps worth a read
If they’ve done 3.6 in H1
And still expect to do 15.7 in 2021
They’ve got to do c12m in H2!!
That means that DRC needs to be worth 1.5 pcm minimum and needed to have started two months ago. On the back of a fag packet calcs admittedly - but if DRC is worth 1.5m/pcm, that’s 18m pa at an expected 25% of post Covid travellers.
BUT they’ve already stated that DRC is only expected to see 6m in it’s first 12 months - so an additional 0.5m/pcm.
So that takes you to 8x0.6m to the end of August (5.4m) and 4.4m thru to Chrimbo IF DRC starts 01/09. So that’s give 9.8 by year end? Gotta find another c6m somewhere then to get to 15.7???
Am I missing something?
I won’t be surprised if we’re still waiting to sign DRC at Christmas.
Hope you all enjoyed your jam on toast hahahaha
The Fooler talks the talk but can’t walk the walk. Lane 4 here we come lol
maybe Gheko..........I think our placees at 5.7p are probably thinking the same thing....... not sure they had time to flip for 5% before the drift, so some could be locked in a while.......... I suspect things are a tad different with the new MSCs..... no Trump for a start.... it does look like 2022 is the year that Pete has dreamt about.... 4 MSCs piping in the revenue ....... and KSA plus other jam to follow......... market just wants to see it for it self........ I will top up sub 5p as this may drift a little more if people see a £17M market cap with only £3.5M revenue booked...... and costs going up [even if just a tad]........ other than that.... same old... same old...... Pete will be scratching his head of course today seeing the 7% drop...... but he will curse pesky traders for that...........B
hard to argue with you 2 on this in terms of the past.....but i do think 2022 will be very different (and yes, I've certainly felt like this in the past). The market really feels like it's totally discounting DRC...which is fine by me as it's allowed me to invest more in a seriously derisked company.
the RNS do I.... results day, WSG opens down 8% down, enough said!
I'll guess at another p1ss poor period performance wise, with just about enough money coming in to keep the award winning company lights on! Probably a healthy dollop of Jam delivered in amongst the drivel from pasty pete, whilst setting the stage for the next salary funding placing perhaps?.... that'll come along monday and be miraculously filled and probably forward sold at a profit
Followed this company years ago, still poor revenue loss making placings and lot jam.
Doing the same thing and expecting different outcome!
Was in this and sold at small profit on a spike a while back. Classic company to study in expectation dashed by reality. Still loss making, tiny turnover after all these years and ‘contracts’. Don’t know how long the money will last as I note admin expenses up too.
Not for me but a fascinating study!
seems they have decided to ignore those 2 new MSCs for now...... Market just sees £3.5M revenue in H1 2021 v £7M in H1 2020...... seen the same in LOOP as they go through transition........ their H1 revenue halved and SP has been decimated...... Market wants numbers and facts, not words like "several" and "encouraging"............ wonder if Pete will give us a Q3 update to show how he is getting on with the eye watering uptick in revenues for H2............B
finally done....but took a tick up in the offer to allow it. SIPP now full...bring on 2022