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Never mind Ria……I think I’d rather see Doubleheadedcoin!!! FFS!!!
I want to see this go up as much as the next guy, but this may be the first time I actually block someone one this website.
These posts are pointless and just spam.
Please stop. There were some great informative posts over the weekend which will do the share better than the craps from N2CU.
If you want to spam go elsewhere.
Come back Ria all is forgiven
Are people really stupid enough to believe a brand new poster, with posting diarrhea, spouting seemingly random numbers? I just don’t get the point.
I’ll take 5. I have little faith
This should be funny.
Can we have a sweet stake on how long until they are booted?
1/. By 10 am
2/. 10-12
3/. 12-2
4/. 2-4.30
5/. after the close
I'm going for No. 4 as LSE is pretty slow at these things.
Its been a slog being a WSG shareholder but now the worm has turned.
We can see how the DRC deal is with about 15p to the SP on the first year revs. These will significantly increase with new airport and off the EU blacklist, not to mention cargo/domestic screening revs. Finger in air, revs likely to at least double over the course of the contract.
With this finally being delivered, Peter has bought some credit back in the trust-o-meter so when he says there is a few imminent sizeable MSCs out there then im more inclined to believe him. Another the size of DRC would make a mockery of the MCap. It's not hard to see how they see 26p with 1-2 more MSCs.
This is the Fowler family pension as well so they really do want the SP up like we do.
The short term flipping seemed finished on friday, more colour can be got on the calls wed and when debt funding for the very small short fall in DRC capex is confirmed, we are on an easy hold into double digits.
Ahhh interesting most recent number I could find were less than that. So all good. Would be nice if PF returns via CAR!
CAR isn’t that tiny Mike - 120k passengers back in 2012 at the international airport, it’s handling way more than its capacity it seems. So around the same kind of size as SL I think.
.... and several other MSC's, having made steps forward.....--- there are several on the books in terms of RNS's,... perhaps not as lucrative as the DRC, .... but important to us in terms of creating a solid base to cash flow going forward.
Liberia, was a port project that we port screening project that we announce in June 2021, during the covid crisis, and w have precious little from it since- albeit the port operator APM terminals ( who also operate Team) have recently been spending money dredging the port, Freeport of Monrovia, to allow larger container vessels with deeper draft,... and installed some new cranes?
https://www.lse.co.uk/rns/WSG/10-year-managed-services-contract-liberia-62q66g13t0ubpmt.html
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Then there is Central African Republic... CAR-- which, incidentally, shares a border with the DRC. However, they only have one international airport and it is tiny,... and I mean tiny!
https://www.lse.co.uk/rns/WSG/central-african-republic-and-trading-statement-gh7khp9j8seux7u.html
___________________
Plenty more going on behind the scenes I am sure. Will be interesting to see what comes out of the Broker presentation on. Wednesday. Hopefully news will filter out to us,...
Best
Yes 3P it looks like we may be at the beginning of a new dawn for WSG, I think even the most bullish amongst us have probably at some point wondered if WSG would make a return, but hopefully fortune will favour those brave enough to accumulate when it was down in the 1’s and they will make a very good return, those that purchased when the SP was a lot higher and continued to hold , will at least recover some or (depending on what price they bought at) all of their losses and those that trade it, providing that all important liquidity will also make some decent cash on the way back up.
DRC gives us a fantastic base to move on from. When up and running, it will have a decent revenue and cash stream that I am sure will help WSG to push on and hopefully close a few more deals.
They have been promising another one or two MSCs for the last three years, so hopefully we’re not too far away from seeing at least another one land.
Are we witnessing a new wsg ?
Hard to believe it's now almost 3 years since they raised cash (june 2021), it would seem Lunghi, short term Ghana & these many smaller tech contracts have got them through despite all the doubters (me included)
£40k of shares bought by directors around 1.8p
reduction of capital toward end of 2021:
"The effect of the Reduction of Capital is to create distributable reserves and to eliminate the accumulated losses on the Company's profit and loss account which, amongst other things, would enhance the Company's ability to pay dividends and/or to make other forms of distributions to shareholders in the future"
and now DRC finally ratified
Where is this signed permission by the way? The EU blacklist one
Can you elaborate
He has the funding it's in writing
hi, t&g , below, your words to me when you posted that you had sold out and i asked whether it was yarabs that encouraged you to do so.
---------------
" you are what your comments reveal you are!
it makes no difference when/if/why i sold. only to you which says it all.
i am not engaging with you, (like many others on here, because you waste my time!)
like foxy, who shared this board for 10 plus years, i pop in, possibly in habit, because so many lth sufferred like we did and it provides "solace" to know we were not alone in our losses.
feel free to fill your boots!
i couldn't care less!! just dyor! "
-------------
well if you sold out at 1.5p you are not a long term holder any more or was that a lie?
i am a holder from the iran days. i also saw a massive drop in my investments value but i didn't respond by constantly ****ging off peter. i chose to buy more shares and lower my average. yes, i filled my boots! 330,000 at 1.6p.
strange how misty, foxy and yarabs are holding their tongues.. that can't last much longer...
ttfn
Aiminghigh. Nail on head. Lets see what next week brings, we will know more after the investor calls.
The obvious fear looming is placing, hes stuffed us with plenty but not had one for a long time and the rns suggests debt financing . Lets hope so.
Gentee im a LTH and equally as bitter, ive cursed PF many times - but now theres clear day light at the end of the very long tunnel it is time to look forward not backwards.
Lets hope this is the start of a much better time for WSG and they have learnt many lessons along the way. Good luck.
Ian: I suspect that the thing holding this back (other than a terrible history) is funding. If PF can assure us that an equity raise is not on the cards for the funding of the DRC contract then that could take the brakes off the share price.
I am surprised we’re still in the 3s, but it was never going to hit double digits straight off.
Does Geentee not understand the word Alias, or is he confessing to being the same person as Vander???
Wsg have made a resounding success of Freetown airport sierra Leone. Its the flagship model and im sure DRC analysed it very carefully before making their decision.
A minimum 10 years contract signed with 5 year add on. Valued at a minimum £200million but realistically worth a lot more over its life time as more International flights add DRC to their routes.
A further contract with DRC for cargo flights is a very real prospect now and if signed is said to be worth at least the same as the embarking passenger contract? Anyone confirm?
Other African Airport contracts are in the pipeline and hopefully those said to be close will be sped along now they have seen DRC sign. WSG has had a very testing history but suddenly things are looking a whole lot better.
A tiny £11.5 mil mcap this weekend. Surely that has to rise substantially on this contract win alone and the now clear and obvious potential for a lot more.
Thanks Vander.
I would support everything you said.
Gibbo....WRONG! I do not want to see WSG fail....on the contrary. I would love it to succeed.
We are only saying ....do not count your chickens.
Just because Fowler SAYS something, doesn't mean it is going to happen.
As I said before....it's what he doesn't say that is the worry.
Yes I am a LTH, who has been well and truly stung by this company....jam tomorrow every year.
I believed in his words but I was shafted by his actions.
All we are saying is......PLEASE BE CAREFUL.
All is NOT what it seems.
Have patience and wait to see the proposed actions put into practice.
If it is true, it will evolve slowly.
DO NOT BE FOOLED BY THE FOWLER!!
Wait and see what happens.
Vander, bless you, I appreciate that you and your aliases are desperate to see this company fail. This week must have been a really tough week for you. Are you okay?
"our money" lol
How much have you in Vander?
Gibbo you can’t hide WSG’s past
New investors only need to look at the SP graph and history of management dishonesty and incompetence
WSG has taken a high risk strategy in DRC which much larger companies with much higher competence and resources have declined.
Fowler is not afraid to gamble our money and also to encourage SP speculation prior to placements- there have been tens of MoUs which have faded into a 20 year mist
Let’s hope the Sierra queen fiasco and tema are not repeated. Both were trumpeted by fowler as transformational contracts (worth ‘hundreds of million usd’) and the ferry was loss making
It will take a while to make a judgement on this- the least reliable evidence from fowler’s RNS- new investors would be wise not to take these at face value and do careful research
It will take a while to see through the smoke screen
'here today, gone today'
A couple of great posts with which I fully concur.