Member Info for AIMing_high

That’s true, PF did. But he did it in almost an afterthought sought of way - I think they honestly don’t expect another airport to be built any time soon

....obviously they do know more than us, but nothing concrete in terms of guarantees to share price.

Including options I think PF has an interest in over 6 millions shares. That’s a fair whack. I don’t feel that they particularly need incentivising further to make the company a success. Not like they’re paid crazy salaries (granted, compared to the losses they’re crazy). But the best way for them to have a nice life is for the company to go north of £1 and sell. It’s not a particularly great gravy train for them to ride to retirement without the shares performing. I think the shares are cheap as chips but I’m not adding to my 500k. If they jump to a pound I’ll be gutted that I didn’t but I’ll equally be happy with the huge profit. The BOD have quite a lot of exposure (including their jobs) so I don’t feel too hard done by them not buying. That said it would be great for the share price! In theory they know no more than us....they don’t know for sure that Iran will work or that they’ll land another MOU so investing is not free money...yet

No. Hey claimed they couldn’t until the Iran deal was announced. But didn’t explain why they haven’t bought any since. I assume that the grant of options meant that they get some additional exposure without any risk. They really should be buying now if they are as confident as they say, after all if you are confident that there will be a contract this year then these things are dirt cheap - appreciate they they do have quite a lot of skin in the game already, but these shares are very cheap.

fair point, but i'd question what the benefit would be given that we've had numerous MOUs over the past few years and they amounted to the square root of diddly squat. i'll grant you that LOIs are different...but since the market doesn't price in MOUs i don't see the benefit of them sharing them with us.

who's reading between any lines? i just said that i thought there were no LOIs currently signed, and i stand by that. and Bigears makes a valid point that currently the MOUs don't put them in a closed period.

the MOU that they expect to sign this year will be "transformational" when pushed, but smaller than Iran

oh and i obviously meant Strike rather trike and right rather write.

to be fair the Iran deal has covered the last 2 years, so i can believe that's been a long closed period....but lucky for them as those that have bought have lost money!

sitting there it did trike me that there's not much diversity in the board...all middle aged/old white males save for one middle aged/old white female and the boss's slightly younger than middle aged white son.

but they seemed confident and that was important to me.

they received criticism for not releasing MOUs and LOIs - which i personally think they are write not to disclose. but PF, when pushed on LOIs did say that they'd have to take guidance from advisers but thought not.....which implies that they have no LOIs signed currently.

I didn’t think it was all that illuminating myself, they couldn’t give much more than they’ve RNSd I felt that they are pretty confident that the Iran deal will get over the line and that’s reassuring. But they obviously had nothing concrete to talk about. If they can get this Iran deal off the ground then I do think that it will be huge for WSG, even with the negative sentiment vs somewhere like Oman. There does seem to be some growth plans Another positive was that PF implied that there were a number of MOUs on going that meant they could say that they expected at least 1 more to be landed this year. I assumed (and still do) that they had 1 specific mou that was close.....but maybe they have 2 or 3 that are really progressing well. Got some grief about the options, understandably. But the chairman pointed out, even at 26p they’re not really worth anything. They want it to be over £1 Apparently been in a closed period for the past 4 or so years. Not in one now

It’s just his thing. Done it for ages. Used to annoy me too but now I’m used to it

disagree - mining results mean something. clearly MOUs are given out like candy and have no impact on the performance of the company.

they can announce an MOU a week until Christmas and i won't care...until something is signed in this business it seems to mean nothing.

this is not news. they announced this last year and reiterated in dec/jan. maybe you should reconsider your position if you're not going to keep up on developments.

i can't blame them for keeping quiet...think of all the furore around the location of the ME contract. the best thing for the company is to keep these things quiet and let us know when they develop to a material state. let's face it, none of the MOUs or LOIs have amounted to anything yet, anyway!

I don’t think it’s fishy. I think they saw the Trumpy announcement coming (as did the media and most commentators) and wanted to get the contract signed before he announced. They would have known that they’d have to put it on hold, but I guess it was in the hope that the new sanctions applied on new business only - and they could claim that they’d already signed the contract under the old regime

i think that's a fair assessment. i'm not saying all is rosy, i'm just saying that i think that oli90 is talking out of his/her backside.....and what i'd describe as fairly blatant attempt to deramp......which is madness because what sort of idiot trades on anonymous BB chat?

oh, and if Iran despised Britain so much would it have signed a contract with a British consortium to develop an oil field? this was done on 16th May - post Trumpy's Iran tantrum. https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12053850

it's simple, if you believe that there is no contract then don't be invested. you can't possibly invest in a company where you believe that management print barefaced lies that have been signed off by the NOMAD. i'm pretty sure that management would be breaking a number of laws, not least market manipulation....and i think it would be fairly easy for the FCA to prove. i like the concept that concocting a lie about a fictitious ME contract with Iran is a "good excuse" to cover up another fictitious ME contract.... you should become a novelist.....but then again, you've only managed 2 posts in a month so maybe you're not much of a writer.

i really can't blame you re AGM...London (and its public transport) is hard enough to negotiate with a buggy, let alone a wheel chair.

Alas i have nothing to cheer you up. i agree that if they didn't think that they would sign the other MOU within the first 9 months then saying that they were expecting to sign in 2018 was punchy....given that everything that happens with WSG is slower than expected. i do think that the market is not pricing in the ME contract or any other MOUs at all....which i think is wrong, but then i'm much less certain than i was over xmas. i fear that even £1 is a long way off. i used to assume it would pass that easily on the ME contract...but there is now an Iran discount due to political uncertainty (even if Trumpy does change his tune). my exit strategy was all north of 100p...that's no longer the case

i can accept perspective as a perfectly plausible explanation. if i'm honest i didn't read what you were replying to, just what you'd written in isolation

couldn't agree more, as i've said in the past, only morons trade on what a total stranger says on an anonymous (and free) internet board.

What was aim of that post Joe? Letting off steam? Trying to put people off buying/getting them to sell? Trying to get someone to fight back and in so doing persuade you that it’s not all that bad? Just bored? Wanting to wind people up? Feeling a burning desire to impart this view on the board? Just interested.