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Webinar tomorrow am.
Open meeting 3rd Sept. 10 embassies confirmed attending the meeting!
Interesting to see that NAS have taken on ground handling services in Nov 20. Also a group of MPs are complaining re delays promising in airport upgrades
It bodes well for successful parliamentary ratification
The main risk is that Wsg/euro ops will bungle implementation over the medium/long term- it’s a shame that they have been forced to take on the smaller airports such as goma- the costs and timescale of infrastructure upgrades will need clarification
Has anyone met Vincent toscani? Is he impressive?
He is the main mover behind DRC and BF
The subsidiary could outgrow the parent
Next MSC?
Thanks HB...... email sent
B
Yrabs....I have tried to register personally and through work email with Arden site on many many occasions and always it says a data breech or other rubbish. Seriously unimpressed with the site but the research notes are well written.
I managed to get a pdf if you or other peeps want a copy. email me at vestysmith@aol.com
HB
tried that Aiming.,....takes me to Arden but wont let me open a research account. tried going in through the wsg website, but takes me to a log in page but wont let me register..... grrrr.......B
HB: either they're very likely to hit it, or they're inexplicably talking about a different target. since they gave the target to Arden then it's hard for them to argue that they're talking about a different target....as you say,. why set yourself up for a fall if you don't have to?
i'm also a little confused as to how they can be so confident about 2022....maybe because they know the revenue that they're getting from DRC is very likely to exceed what they've put out there
The more I think about this the the more I think they must genuinely expect to hit this figure. Why not say 14mil or 13m or 12m or even 10mil....I think all us shareholders would be happy with any of them given the H1 figures. So why set themselves up for a fall.
I would love to know how they calculate this. They would look pretty stupid if they just did say just £5mil in H2 and so they must have visibility on substantial income this year. Maybe we have already had a big chunk in July and to date in August.
Definitely the number one question for the 17th August and I have sent this to the organisers.
Maybe it's a big one off tech contract that was mentioned was imminent in todays RNS.
What I don't see is this level of income in the short term i.e. in H2 this year even with these fantastic contracts that we know about.
HB
If they do 15.7 - I’ll pay for a slap up dinners at your namesake.
Yep. Ta. Derrr!!? ;-)
Maybe read the notes? They have said 15.7mill for a while.
Thanks for playing
20weeks of h2 left foxy not 10. Just saying
“ I questioned meeting expectations (15.7) this morning. That’s trolling obviously - until Arden rowed back to a figure almost exactly as I’d suggested. And that’s dissing?”
Arden have previously and continue to reiterate a 2021 revenue figure of £15.7mill
You haven’t a clue and can’t even troll coherently
I suggest 250%. I would also suggest 250% is x3.5 not x2.5. Thanks
I said that I’m in for less and will give it until Sept. I don’t talk my book. Just say as I see. ‘Realism’ often doesn’t satisfy excitable holders.
I questioned meeting expectations (15.7) this morning. That’s trolling obviously - until Arden rowed back to a figure almost exactly as I’d suggested. And that’s dissing?
My comments won’t impact the SP. That’s Fowler’s job. I can’t complete with the wonderful work he’s done over the decade.
It also appears that my pre-open ‘won’t be surprised if it falls’ was more realistic than the comments elsewhere.
He needs to ratify DRC. Then I’ll be off.
Let’s face it, Arden think they are gonna do 7 to 8 million in the next 10 week. He’s gonna have to come up with something radical PDQ - or Arden are going to be revising backwards again.
Tic toc
Google the following "arden wsg"
Your comments noted on the detractors Ian.B. It looks like they beat Foxhill to it. lol
Ian.B....... is there a link to the Arden note please. B
Ardens updated notes issued today read well. Matter of time imo.
Most detractors will have bought in on the dip after talking a few mugs into selling.
The DRC contract could well be the biggest obstacle to the share price advancement at present until we learn it has been ratified. Expect clarification during the investor meet next week.
I drew attention to September being the month for probably more meaningful news from Westminster Group so todays update didn't surprise me as August is a bit of an inbetween month. Peter Fowler though did provide some useful bits.
Liberia. Boots on the ground and prepping the land for inspection and screening. Should come online for $1.1M additional revenues in September. That was according to the RNS.
Democratic Republic Of Congo. 90 day transition period should also be just about up and operations are expected to commence afterwards. I think this was the one that provided the most progress for they have deployed key boots on the ground, subsidiary formed for staffing and are prepping the logistics to start.
At the Port of Tema the civil works on the 4th berth and increased capacity were anticipated by September. Today he said that the 4th berth is due to become operational 'later in the year'.
Key personnel out there and arrived in this day and age has to be a battle half won.
I found it disappointing reading, and the initial SP direction was unsurprising to me. I began to wonder if I should offload to buy again at a lower price as a way to recoup current negative position, but have opted not to as it now appears the initial movement was an over reaction and, somewhat surprisingly, it would seem the interims are unlikely to dent the generally non-negative sentiment towards WSG. Maybe this has something to do with more institutional interest in WSG.
Well worth holding onto and, with a number if divi payments just about to come in, plan to buy some more.
Fox, so you bought back in and now you're doubting your buy and reminding yourself of how it all went wrong before, and dissing it all the way - then sell dear boy, it's not rocket science !