Member Info for AIMing_high

Feels: “ Foxy is a terrible judge as an investor“....we all know that....he’s invested here!! ;-)

Off out to exercise the small people

Foxy; my beautiful love muffin: do you really think that Lungi is still the main revenue steam? Not Tema? Honestly?

And why no big ticket Tech? Yes , less likely than last couple of years, but we haven’t even finished Q1.

Off out for a run

...would expect WSG to be up then!!! '-)

Mike: are you still able to track traffic in and out of Tema? i'm expecting there to be a slow down in container shipping, but if similar to 08/09 then that's in the region of 10% down YoY. That sort of reduction (which i would expect to impact US, EU and Asia more than Africa) would still mean that we'd be making decent revenue from Tema.

I also disagree with Mr Coin about large Tech sales. a few million dollars on scanners is nothing to the like of Saudi with a GDP of around $700bn. yes, they may hold off some major infrastructure projects....or they may actually increase them to try to boost the economy. Plus, we come in at the very end, so any ports and airports that are under construction now will not be mothballed. As always, take what i saw with a pinch of salt though, as i'm still invested

Off out to do my one item of exercise for the day.

Mr Coin: may i ask why you post on WSG currently? Genuine question. you feel that things have changes since Covid-19...what are you posts aiming to do?

You used to post (ad nauseam) to keep "newbies" up to speed on the details and opportunities of WSG. Do you now aim to warn said newbies of risks?

genuinely interested

off out to enjoy the garden with 2 little spider men

We seem to be pretty well negatively correlated to broader market. Very odd.

Off out to dream a dream of times gone by

Feels: I believe it was I that said it wouldn’t make a difference. And yes, you nailed the reasoning perfectly.

Off out to bathes the kids.

Foxy; my eternal sweetest cherry blossom: if you think that then sell up. A worse year than last year would leave us floundering below nominal even once we get out of this virus rut....regardless of a singing of Tema.

I often think that you get stick for arguing with people who are being bullish - you often make some valid points. but occasionally you just let yourself down with excessive doom and gloom.

off out to finally get dressed for the day

Foxy; the cherry on my cake: is this why you're so desperate for Tema to sign? so that you can sell up? If so then sadly i don't see much gain for you. Tema is effectively signed, it's a 5 year contract, you're not getting any more certainty or detail any time soon. We have to wait for the results to start actually flowing through i'm afraid.

i'd say good luck to you, but we all know that you're not selling up or going anywhere.

much love

off out to shower for the first time in a days

Vander: i'm not sure - i guess however IFRS 15 demands it.......but given that they have not announced contracts on their website since the 11th, i can only assume that the sales between 16th and 18th relate to other sales of fever detection equipment...sales that they haven't bothered releasing on their website.

off out to put ice on my sore feet

Van: they sold Between the update on 16th and the 18th they sold something in the region of £250k in fever detection.....so i'd argue you're simply wrong...happy to hear a counter argument.

Off out to party like it's 1999

Why would i want to shelter a tax loss????

off out to consider getting dressed today

Benno: i'd argue that companies with large cash piles and no impending debt maturities are in a better place than us....and other companies that won't see demand for their core business negatively impacted.....but i agree that we'll get through it and definitely flourish.

and anyway.....5.5p on the offer?!?! rude not to.

off out to stare out the window and imagine what life's like in the fresh air.

Very odd share price movements of late...we seem to be counter to the risk markets.

Could be that the blind selling has abated and people are looking more at the specifics of the opportunists

Maybe Mr Coin has started to reinvest his vast profits from being such an amazing investor. we'll know if the ramping starts up again.

off out to enjoy the home schooling

Dynamo: genuinely that’s not an unreasonable conclusion to come to. Personally I don’t agree so will stay invested, if you believe it then really you should sell. Even if you believe in the long term, sounds like you’re convinced that you’ll lose money in the short term.....so sell and buy back.

I don’t think there is a catalyst for a big jump around the corner, not in this market, so don’t think you’d be taking a big risk.

Off our to watch some tv and decompress before the markets kick seven bells out of me again next week.

Foxy, my lovely cherry blossom: couldn’t agree more. But then, £1m in sales ytd can’t be sniffed at. Just because you and I think they’re pointless doesn’t seem to be stopping those with the cheque books from buying.

Off our to go for a walk

Foxy; my little ray of sunshine: but they remind me of happier days, back when Mr Coin would ramp the berjeeberz out them.

Off out to cry mournfully into a cup of cocoa

Foxy my eternal soulmate: apologies for boring you by sharing news output from the company that we're all invested in.

Would you prefer i got into a pedantic, circular argument over the last RNS, where neither us read what the other was saying or added any nuance to try to help clarify out points?

Off out to figure out if i'm a key worker

MARCH 20TH, 2020 NEWS
Westminster, despite the unprecedented levels of enquiries for their product range aligned with Covid-19 pandemic, are continuing to deliver best in class products to their global network of clients.
A significant order for Hand Held Explosive Detectors has been received from a National Oil Company in the Middle East, this sale highlights the diversity of the product range, the important profile of our clients and Westminster’s worldwide sales network.

The Hand Held Explosive Detectors are capable of tracing vapour and particulate samples without using a radioactive source. Results from the robust lightweight detectors process samples and deliver results immediately giving the client the technology to ensure safe working practice.

Westminster is committed to driving its product sales and despite the current pandemic climate ensure that our global clients are equipped with the correct best in class security products to continue their essential work where possible.

For further information on this product and more, click on the following link:

https://www.wi-ltd.com/solution/explosives-and-narcotics-detectors-and-analysers/

Not sure this is really news......but can't blame them for highlighting this (again and again)

Off out to stockpile sausages...no one else seems to be yet

Westminster has been dealing with unprecedented levels of enquiries for products connected with the Covid-19 global pandemic.
Westminster has a truly worldwide network of clients where everyone’s requirements and situations are different. Westminster has embarked on a concentrated effort to source the latest cutting technology to help detect, mitigate and defeat the spread of the Coronavirus using thermal applications and recognise the crucial fever symptom.

Westminster now has a comprehensive range of screening products some of which combine technology used before in the detection of metals and dangerous items with the detection of temperature, the added value and application provides an extra level of security to the end user.

The product range has the ability to perform mass screening through thermal cameras, contained screening with walk through dual metal and temperature detectors and individual screening with hand held body temperature cameras.

With there being little indication on when the pandemic will slow down, Westminster is constantly researching new products that have the ability to compliment the product range and help our clients Detect, Mitigate and Defeat the spread of Covid-19.