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Thanks Gibbo….so we need to see about £6-7M at the halfway point….with no DRC or KSA or Liberia it looks like we need to see the 2 current MSCs punch a tad above their weight… plus the odds and sods of course.. Looking forward to being underwhelmed…B
JL76…. Have you been on the bottle.
Not long now till all will be revealed. The Fooler not playing ball on LinkedIn lol
JL76 - have a look at MCB. The revenue to market cap ratio for WSG is 176%. MCB's is a lot higher.
It's a meaningless comparison anyway. Profitability is a better metric to use. Both WSG and MCB are pretty deficient there too, which is why I sold out of MCB a while back.
If you do feel WSG is valued at 5% of its true value, you'll be filling your boot at these prices! Do you want to tell the good folk on this BB how many shares you have?
Yrabs, the last Arden report in April had forecast revenues of £14.3m and included nil revenue from DRC for 2022.
I believe WSG is valued at 5% of true value.
I can’t find another company valued lower with the current revenue figures of WSG never-mind the future revenue figures.
Also no debt which is a massive plus at this valuation
Good luck to holders tomorrow.
I think the best anyone can hope for is likely to be a ‘steady as it goes’ update, albeit that they’ll almost certainly have to concede that 2022 revenues are unlikely to be met. The updates on DRC etc will be interesting as to whether there is any positive movement. Even if it’s been canned, he’s never going to say as much - every MoU is still live remember, even those that have been ongoing for a decade or more.
Unless there is something drastic around funding, I’d anticipate little movement in the SP. Clearly very few bothering to sell at this level and , without some extra sweet jam, nobody interested in buying either.
Well, there is no flurry of activity….positions already took….so tomorrow it is then…., the last Arden report I have seen suggested full year revs of £23M, so is this another H1 that proposes all the jam turns up at H2… might not believe you this year Pete as you said that in 2020 and 2021…. Let’s see if we get another “I am confident we will hit our forecast”… tomorrow followed by the excuses as it slides in to 2023… this jam seems to not have an expiry date….B
If Fowler leaves then there is no company. Given that the company is just one big lie. At least if he stays he might tell one good enough to spike the sp again.
All set for Fooler Jam tomorrow lol
Bolton, do you mean earnings FOR the vending machines… lol….. B
H1 revenue £3m
Loss £900k
Cash 5k (earnings from the vending machines)
SP down 93% over past 5 years. What a performance.
The guy is an absolute failure. Nothing will change until this incompetent fool leaves for good.
Fowler I hope you read these threads - once and for all do us a favour and do one.
Fool.
Does anyone have to hand the 2022 revenue expectations… I presume it is a piece of fiction that Arden wrote …B
Bong...
JL76… Are you smoking something lol
He will cut and paste this from his 2021 H1 report;
The business model and opportunities we have been developing over the years have created a foundation from which we can deliver significant growth and sustainable revenue streams and build shareholder value. The recent large-scale long-term contracts we have secured which will provide an upward step change in revenues, the recovery and growth in our existing operations and the numerous new opportunities we are developing underpin our confidence for the future growth of our business.
Whilst acknowledging that there is still global uncertainty and delays may still impact the delivery of certain projects in the short term, providing the expected easing of restrictions and delays and the resultant recovery continues we are on track to meet full year expectations. We are however confident in our 2022 and future forecasts. The Board and I remain committed to delivering on our significant growth potential.
Ha….. B
Anything positive about
DRC
Iran
Saudi
Mali
European airports/ports
It should be a great day
H1 revenue £5.5m
Net loss £750k
Cash 150k
So let’s start the sweepstake:
H1 revenue: £4m
Loss of £500k
Cash : £250k
B
Tag team trash talk in full flow today I see! C'mon mitsy wants his sup penny buy in. Keep it up boys...just jingle and 21 left to chime.
And we haven’t hear a peep about the “internal prime” that will partner with Wsg on the DRC opportunity.. funny, I cannot see it mentioned on a single RNS.. but it was in one of the Wsg presentations…. Pete described it as good news as it increases scope… sounds awfully like Tema in commercial construct and likely again to not be the lions share coming our way…. Funny how we are not getting bashed by the rampers leading up to Thursday and no doubt a mahoosive new contract is only a placement and ratification away…B
It also shows that fowler lost his grip on reality and was selling investors a dud based on his delusion. he kept back the location but gave all the details of a lucrative contract- he was consumed with his own greed and incompetence
In DRC he also publicised a lucrative contract and chose not to divulge that his main negotiating partner had been imprisoned for embezzlement
I tend to agree misty... to coincidence.... sorry, I mean timing of the Westminster IRAN announcement "Where's Wally" and Donald throwing his toys out the cot being simultaneous was just bad luck wasnt it?... I mean Pete has a signed contract that seems to follow the same pattern as DRC in that although it was signed it still needed a "board approval"... code for ratification I suspect that never materialised.. and Trumpy then crashed the party...... Pete still sees IRAN as one of his greatest achievements.... looks like he measures success by er well "failure"........... B
Never believed it existed.
Another pipe dream to get a placing away imo.
For balance JL76:
Nuclear Deal Increasingly Unlikely As Iran Strengthens Ties With Russia
By Simon Watkins - Aug 15, 2022, 7:00 PM CDT
The prospect of an imminent new “nuclear deal” between the West and Iran is looking increasingly unlikely.
A senior political and oil industry analyst highlights that there is very little chance that Iran will be willing to make the one concession the U.S. needs to move the deal forward.
The cementing view of the United States came on 9 August with the launch of Iran’s ‘Khayyam’ satellite, built almost entirely by Russia and powered into orbit from the Russia-controlled Baikonur cosmodrome.
But keep trying... looks like we may need to bury 2 dead parrots...
B