The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
MikeGP, I think you are now in denial along with the others in the Fab 3... Of course trade will have contracted... You don't order things from abroad if you cannot sell them due to one of the worst global pandemics on record... Lockdowns are what they are... Non essential shops are closed... car showrooms are closed...orders get stopped...it is everywhere...you seem to think WSG operate in a cocoon where nothing has changed... Wake up and smell the coffee... this is a company that has set its stall up around airport security and training and that is grounded...so has virtually all travel in and out of the country to sign these magical transformational contracts... the only thing that hasn't stopped is people drawing salary...
Global leader in security...agents all over the world...multiple revenue streams in multiple countries... single digit sale of one recorder... and why add the blurb on the country... is that as low as things have got...
What I think about research on this share is that it is irrelevant... because not one bit of research on WSG has ever been correct... Of the only 2 MSC's to date, one locked down presently and one making small margins, neither were the result of research... I admire those trying to make dull times look a little less dull but it wouldn't persuade me to buy what is probably your next trader... Can you show me where exactly WSG are mentioned in the same breath as Uganda?
Always be careful with WSG when the old faces all appear at once and try to ramp up the next prospect...most got caught out with the last fundraise and collapse in share price and are having to trade to try and re update their losses.. last time around it was the twitter stock picker who always gets it right...Only1Gibbo, hereandnow, MikeGP three of the names...Another week with no news...the majority of people staying at home...mid Lockdown...borders closed...South African varient of concern.. Another week closer to the next fundraise...these have to be planned a couple of months in advance...you have to credit them though in trying to make an otherwise full share look a little less dull...
My name is not Phil or Philip first of all...It is in the company accounts...Not as 'shelved' but as 'fully shelved' ... There is no misrepresentation unless you are accusing WSG of that for it is exactly what they say in the company report...You are really sounding more and more like Peter by the day and desperate to try and negate all conversations on adverse impacts on the business... Stay home means exactly that and foreign travel is virtually non-existent and illegal... The reality is probably more of people at home waiting for their vaccination letters... I just think that such are the impact on WSG markets that it is inevitable that they will return for yet more money...How long until the next twitter wizard who always picks a winner comes along.. always to be met by day traders...
It's an unfortunate association and it will be some new news for the media again until the enquiry closes and its report is published... One your professor missed in his year of research...
Correct Raleigh they did supply K15 as cellotex was unavailable... The point I was merely making is that the Professor doesn't make reference... and SIGs name comes up in the same breath if you google search combinations of grenfell, SIG, cladding.. and the enquiry is set to recommence via Zoom around the 8th Feb and will run its course.. It is probably one reason for the languishing share price...albeit they only seem to have supplied on request... An example of a link and just one of many returned on a google search...
https://www.architectsjournal.co.uk/news/grenfell-cladder-denies-48-insulation-discount-was-for-being-guinea-pig
Professor979,
You mention many reasons for buying SIG but you seemingly fail to mention that it was SIG, was it not, that supplied the K15 cladding product... This association is probably what is having a negative influence on the share price..Stage 2 is set to recommence around the 8th Feb... That might account for the nervousness and weakness in the share price...
Just brought in for 30 countries and just extended to include the UAE can't be good for business I would have thought.
Can I ask firstly who Phil is? Secondly the guidance is to Stay at Home as it a Lockdown and there are specified exemptions and signing contracts is not one so 1,2 and 3 are not possible... Yes other means are possible but do you really think Peter Fowler could negotiate to conclusion a contract on Zoom or Microsoft Teams... May I remind you of what happened in the last public appearance of a webinar... I don't think anyone will be flying anywhere until they have had a Covid jag and flight corridors reopen... If a 10 day hotel quarantine does come in then that is likely to be some months before travel opens up again...
Only1Gibbo. I think you might be misunderstanding what a National Lockdown means. Here is the Governments published guidance. I cannot see flying out the country to sign contracts included. 1,2 and 3 therefore do not seem to apply ...
https://www.gov.uk/guidance/national-lockdown-stay-at-home#going-to-work
Will probably have an impact on all those deals that are in the pipeline. Then again, off previous successes, probably not.
10 nights all Inclusive in 5 star accomodation after each business trip just to add to the expenses tab..
https://www-dailymail-co-uk.cdn.ampproject.org/v/s/www.dailymail.co.uk/news/article-9182219/amp/Boris-Johnson-set-ahead-Australia-style-quarantine.html?amp_js_v=a6&_gsa=1&usqp=mq331AQHKAFQCrABIA%3D%3D#aoh=16115780524270&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.dailymail.co.uk%2Fnews%2Farticle-9182219%2FBoris-Johnson-set-ahead-Australia-style-quarantine.html