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someone definitely spooning about 300k shares a day of the wsg choo choo train, I wonder if its our new share owners, you know the ones who cannot short them or offload in a disorderly fashion.... I would have thought the likes of YA are keepers...….wsg is a formality kinda business, whats not to like. good weekend aLL, ONE more week of sleeps to go. B
Don't be silly Jungle...of course he can get away with it.....there are loads of jam-tomorrow-rabbits he can pull out and we (or other PIs) will come running. he's nowhere near the end of the road...that's part of my investment thesis (along with an improving fundamental business and a number of game changing opportunities - KSA, Tema etc)
off out for a beer or 3
Slight typo. "Two and a half year bull_**** run" would be appropriate.
He cannot get away with it any longer thus the dilution and drift.
Yes, but I can see it was the start of a two and half year bull run reaching low 90p; and there were far fewer shares then, then the long slow rot!
sorry Nov 14
that's nothing.... remember this little gem from 2015 about a nice little earner called ferries.
Westminster Group Plc:
Signs 21 Year Concession Agreement with US$300m Revenue Potential
Terminal Operations & Ferry Service - West Africa
The Concession Agreement is initially for a period of 21 years with renewal rights thereafter. Based on current market conditions and forecasted economic growth, the potential revenues under the Concession Agreement are expected to be in the region of US$300m.
Not sure what the sp did..... now whatever happened to them ferries?
B
1st May, share went up 55.9% over the following 2 weeks, then the final results came on 31st May 2012, the share price fell 18.1% on the day.
Vander: your post made me smile.
Off out to buy to book a holiday
This sounds amazing!
What happened to the SP at the time? My charts do not go back to 2012
Did any of it come to fruition?
Hi there are some experienced investors on this board, What do you guys make of ORCP?
Security firm Westminster Group (LON:WSG) has entered into a 10 year franchise agreement with investors in Nigeria, worth a minimum of £1.7 million in fees over the term of the agreement. Westminster Security Solutions Nigeria Ltd (WSSN) will be led by a Westminster-appointed manager and will operate as the company’s exclusive agent in Nigeria promoting all Westminster products and solutions.Chief executive Peter Fowler said: "Nigeria is a key target market for our group services. It is one of the fastest growing economies in the world and Africa's most populous nation. We are currently looking at a number of sizeable project opportunities from the region and are receiving high levels of enquiries for our services from both the public and private sectors.”The company is seeing substantial opportunities for its products and services in the oil & gas markets as well as other commercial sectors.WSSN will open offices in several key cities and states in the near future with all the technical and administrative support services required, creating a strong presence throughout the country. This infrastructure will be funded by the franchisee. "To be successful in many local markets we need to have a strong partner and a strong local presence. We are very optimistic about the future prospects for this operating structure and it is a model we are looking at replicating in other regions," Fowler added.
Last month, the Nigerian president signed off on the 2012 budget which has earmarked a US$5.8 billion equivalent on security spending – and Westminster is well placed to benefit from that. On top of the franchise fees of over 1.7 million over the term, all business the franchise undertakes will be done using Westminster’s products and solutions, so will be generating potentially huge revenues for the group.Only yesterday, Westminster announced a strategic investment to the tune of £500,000 from a new partner which is now looking to assist with the delivery of many of the group’s opportunities in West Africa.It had also reported that initial revenue forecasts for its US$150 million+ airport security contract with an African country announced in February may have been too conservative, and the deal has the potential to generate substantially more revenue than anticipated.Initial revenue forecasts for this contract were based on modest growth of passenger numbers and did not allow for additional revenues from cargo scanning and other services. In the light of new forecasts and planned extensions of airport services in this country, the initial forecasts look too conservative, according to Westminster.Following the two month pre-implementation period, the group has commenced operations at the airport today. It has started to deploy new surveillance equipment, new procedures, new signage, and it launched a new ‘dog squad’ with explosives and drug detection dogs in operation within the airport.