Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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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 !
well..... the share price has calmed down a tad and not too far away from where it closed yesterday...... amazed those who slammed the door this morning and took their teddys with them thought there would be more to the H1 report........ We have the usual "more questions than answers" from a Pete update that we are so used to, and it just confirms that the reports are never written for investors, more just written for Petes CV, hence the emphasis on trophies won rather than revenue.............. No mention of "inflection" this time...... must be saving that for H2........... Glad Foxys back....... B
Cool. i missed you whilst you were gone.
i'm hoping you've timed it well....assuming you can hang on in for another 6 months or so
I was out.
Bought some of Pete’s near term confetti.
Foxy: how come you're back and active on the BB? well, a more pertinent question is why were you quiet for so long? did you sell out and have bought back? or just rediscovered the love for WSG?
See a lift and de-risk.
Do Arden suggest 250% uplift in H2 in their latest note?
Is that 7.5/8m ish on top of 3.6 in H1?
Is that 11.8m max.
Is that 4m short of their previous expectation?
We’re they wrong with 15.7.
Could they be wrong again.
Do we run Africa’s premiere ferry service.
Might this be why the market takes WSG/Arden output with a large dose.
For balance, I agree with Ian & Aiming. A DRC will serial WSG and hopefully provide a decent lift for the SP.
You and Reece however are naive and somewhat deluded!!
agree Ian B........ this time next year Rodders !!.........B
Nice note Riflemans.......Pete holds nothing back, so expect no "new news" on the day...... he will robotically go through the presentation day and word for word regurgitate todays report.... and will pick those questions sent in that he choses to answer........ he will not answer any question that challenges his decisions or judgement over the last 10 years...... been to 2 of his webinars.... and dish water springs to mind and actually the share price reacts instantly to every word he says....and that is usually a downward reaction. I am sceptical of his H2 predictions because they require him to hit lots of bullseyes with Tema, SL and his new MSCs.... and he wont........HoP, Certific et al will help, but their contributions are well ......"meaningless" in the big picture...... 2022 and H1 will be the time when we may break in to double figures as Pete goes double digit again.......looking forward to it...... just hope he doesnt get too excited and buy a ferry. B
Pointless arguing. No one can be sure, 2021 expectations do look a big stretch but its all about the new contracts now.
Get DRC formalised and started and watch this rise to 15p + - its easy money short, medium or long term at this price.
To be fair, more often than not broker forecasts are nothing more than wishful £hite.
Just saying.
It’s not wishful ****e
It’s an official market forecast by the broker from company figures signed off by a Nomad. One or 2 professionals and legal team involved vs a dude I don’t know on a BB who doesn’t like the stick cos he lost money on it.
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