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I honestly wouldn't mind no more conversions in 2021..even 2022 could be pretty quiet, so long as Tema, DRC, Lungi, Liberia and Tower of London are throwing out cash.
that's the great thing here...they don't need to win more contracts for the share price to fly...first time that's been true for a long while. new contracts are the cherries...the cake is in the oven and we just need to wait for the bing.
DrM....just leave 21 be. i used to think he was bitter that he bought just before the 4p raise, then sold at a loss and can't get over it.....but no one is that bitter (9 months on). so if this hits 10p and he did s0d off then he'd be back with another ID in no time. save you breath and converse with holders.
https://www.wsg-corporate.com/news/westminster-secures-important-oil-production-facility/
Westminster has been awarded a contract to protect an important oil production facility from seaborne incursion to include a floating security barrier.
Westminster worked with the client to design various innovative solutions to protect the facility and the final design included the supply and installation of a 200m floating marine security barrier, one of a number of solutions from the company’s extensive marine security portfolio of products and services.
I'm relying on ratification to put some support on the price. I was thinking, as someone previously mentioned, that there may well be some chunky tech sales in the pipeline for management to remain confident about 2021 projections. the thing is that tech sales take a bit of time to provide the kit after contract signing. revenue recognition rules would imply that they'd have fulfil the orders pretty quickly to get them into the 2021 numbers.
whilst i don't really care when the tech sales come, for them to help hit market expectations i'd imagine that they'd have to be this month.
There's something wrong with LSE at the moment....mine seems unwilling to update regularly and sometimes it takes a post of mine to allow me to see the latest...which appears to be what just happened to you.
yrabs: the real kicker is if the 2022 profit comes through. the £5+ million should be enough to fund KSA project wins. there SHOULD be no need for more raises.....i don't for a second believe that will be the case though. But hey, if the next raise is in the teens then i won't be complaining too hard
about a year ago.....pretending to someone else....he was one of our multi IDs...he'd put in so much work as well, and then all gone in a single post....like Philbatch...who started posting as a different person, but forgot to change the account over.
I miss DHC***....he was so brazen..so Trumpesque.
whichever one(s) he is these days he's much more subtle....shame.
330 million shares...and my money is on yes, PF has done it this time
since yrabs changed sides i've missed the excess negativity around here...good to see a few are bringing it back
there's almost momentum now.....for now.
a couple more days like this, followed by the ratification RNS and we're off to the races.
pleased to see Tone dipping his hand into his pockets. would obviously like it to be more, but as has been stated, these realistically can't sell these shares for years. That £10k could easily be worth the best part of £40k in a year
5%?? isn't it still up 7.6%?
Nice whilst it lasted. Hopefully the ratification RNS is just around the corner to cement a rise
heaving buying stopped....hefty purchases coming through....yrabs' change of sentiment? all a bit too coincidental??? Yrabs...are you a high roller?
heaving buying stopped....hefty purchases coming through....yrabs' change of sentiment? all a bit too coincidental??? Yrabs...are you a high roller?
Rifle: judging by the comments last week from the company i'd say that they're banking on a higher value tech contract coming along...so higher than an outside chance
yrabs: stop it! i'm still not used to your bullishness...can you ease us in a little more please!
DrM: these deals take time, can't see anything out of KSA this year BF is hard to call...the government seemed so bullish in their public statement...hopefully is was eagerness to get on, rather than a PR stunt
haha...sarcasm or delusion?
i do have a few shares earmarked for a >40p sell...but that's a few years off
a little bit of positive movement into a ratification RNS would do very nicely here.
i'm feeling very happy that there is huge room for upside as the market starts to price in the latest MSCs...as the discount for past sins fades i really think this will fly.
but no rush i guess....could always wait for the actual cash to flow in next year
Win: fair summary. But luckily with these recent contracts that day should come within the next 12 months. Once the money starts flowing in it will be much harder for the market to stay skeptical.