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How can anyone compromiseairport safety that involves the entire world

Thats right Mikey. However i think we can only go with a soft launch as apposed to full on. Maybe due to financial services regs

Why on earth would someone find the need to come back after having stated the he was going. I think people are entitled to spend their money where they wish. Could you by any chance be related to Donald Trump.

Its old. Just found date

MySQUAR Signs Two Deals To Progress Towards Myanmar Call Service MySQUAR Ltd on Tuesday said it has entered into a technology licensing agreement with Hong Kong-based communication service and technology...

Agreed. However i think Mark Slade may well surprise us with the news that we are all waiting for. He knows the game and will probably update us next when he has significant monetization news. It is reassuring to know that they are beavering away in the background.

The interests of consumers will need to be at the forefront of the CMA’s regional analysis to ensure localised competition remains fierce and brings about the best deal for shoppers. It appears inevitable that the combined retail group will be forced to divest some of their stores as the CMA will be forced to make some tough decisions. In the short-term, this could be good opportunity for the other incumbent grocers and the German discounters to snap-up prized locations.” Mark Slade, CEO, Location Sciences, continued “When reviewing huge mergers and acquisitions of this nature, a wide range of financial and brand data will be interrogated. However, working with Retail Economics we have been able to demonstrate that unique insights are now possible, by leveraging the mobile location signals from opted-in and anonymised consumers within the UK. Mapping the historic journeys that shoppers take enables us to understand footfall traffic at a far more granular level and to develop a loyalty index for each brand. For Sainsburys and Asda, the respective loyalty for each brand is very similar, with shoppers visiting the stores 2-3 times per month on average. The overlap, particularly in key retail locations, is however pronounced, with over 25% of consumers shopping at both supermarkets. We look forward to continuing our work with Retail Economics, to deliver further new insights into shopper and markets.

They are quite busy in the shadows

The interests of consumers will need to be at the forefront of the CMA’s regional analysis to ensure localised competition remains fierce and brings about the best deal for shoppers. It appears inevitable that the combined retail group will be forced to divest some of their stores as the CMA will be forced to make some tough decisions. In the short-term, this could be good opportunity for the other incumbent grocers and the German discounters to snap-up prized locations.” Mark Slade, CEO, Location Sciences, continued “When reviewing huge mergers and acquisitions of this nature, a wide range of financial and brand data will be interrogated. However, working with Retail Economics we have been able to demonstrate that unique insights are now possible, by leveraging the mobile location signals from opted-in and anonymised consumers within the UK. Mapping the historic journeys that shoppers take enables us to understand footfall traffic at a far more granular level and to develop a loyalty index for each brand. For Sainsburys and Asda, the respective loyalty for each brand is very similar, with shoppers visiting the stores 2-3 times per month on average. The overlap, particularly in key retail locations, is however pronounced, with over 25% of consumers shopping at both supermarkets. We look forward to continuing our work with Retail Economics, to deliver further new insights into shopper and market dynamics. We believe these will enable retailers to understand more about their customer, competitor and real estate properties, as well as deliver better investment strategies for banks, private equity, property companies and others that serve the retail industry.”

RETAIL ECONOMICS & LOCATION SCIENCES PROVIDE UNIQUE INSIGHT INTO PROPOSED SAINSBURYS & ASDA MERGER 4 May 2018, London: With the proposed £7.3bn tie up between Sainsburys and Asda still dominating the news cycle, Retail Economics, the independent economics research consultancy, and Location Sciences, the mobile location intelligence specialists, are today publishing new insight into the customer dynamics of each brand. Leveraging precise location data derived from Location Sciences panel of millions of consumers, analysis was conducted into footfall for 5 sample stores. A particular focus was taken on areas where a Sainsburys and Asda store were in close proximity to each other. An example of the footfall mapping for each store in Monks Cross, York is shown below: Richard Lim, Chief Executive, Retail Economics said: “All eyes are turning to the Competition and Markets Authority (CMA) as more details emerge revealing the scale of regional overlaps between the two supermarkets. Research from Retail Economics and Location Sciences from a panel of more than 70,000 consumers across 5 stores shows that in locations where there is likely to be close scrutiny, over 25% of shoppers are found to use both supermarkets. In some locations, this rises to over one third.

Having made an initial small investment, it would be very easy for me to average down. However to date i have seen XTR by their own admission decline own prospects in the last few months. I am finding it hard to justify at present, any further investment .

Should the EU reach an agreed solution. Then this will only strengthen the integrity of the British government and the resolve of WSG, placing them in a perfect position to not only agreeing the first contract, but to also obtaining many more of the remaining 60 airports. Everything to play for.

Simples. I am a long term investor. Prevoius posts indicate that i have used Mysquar as one of my high risk pension investments. Therefore this short term fluctuation is not of my interest. This is an AIM share that has many opportunities and prospects. Falls within my risk remit. By the way your last post seems to contradict itself.

Part five....................................... We currently still own the Sierra Queen, which was written down to nil value at December 2017 and is subject to only minor ongoing security and maintenance costs. We are exploring options for disposal including a sale at the earliest opportunity. Board and Senior Management "Our business is set to benefit from unprecedented growth opportunities, particularly with our airport security operations, and it is essential we have the right strategies, people, processes and systems in place to successfully deliver such growth. In recent months we have made some important new appointments to the Board and senior management and additional appointments to further broaden our range of experience and expertise are planned in the coming months. Outlook "Our vision is to build a global business with strong brand recognition delivering niche security solutions and long term managed services to high growth and emerging markets around the world. "Whilst operating in emerging markets does carry a higher risk of delays and disruption, is time consuming and involves a greater degree of frustration and bureaucracy, with perseverance and diligence the potential rewards are substantial. "Over the next few months and years we have an opportunity to achieve unprecedented growth from the prospects we are pursuing around the world, and I believe we are closer now than we have ever been in delivering on our vision. The Board and I remain committed to delivering on this potential and we thank our shareholders and other stakeholders for their continued support."

Whilst some multi-national corporations with large exposure to and trade links with the US have announced a withdrawal from Iranian activities we are encouraged that others such as Renault have publicly stated they are committed to continuing business with Iran. Whilst our client is keen to commence the project as soon as practically possible they are cognisant of and understand our position and are actively working with us to explore various solutions to the challenges posed by the US action. We have engaged with our US lawyers based in Washington who have confirmed that our activities are not covered by direct or indirect sanctions provided that our equipment and services have less than 10% US content. For additional comfort we are exploring the possibility of getting a letter of assurance from the US Treasury which would be helpful. We are in discussions with all relevant parties including our bankers, financial bodies, advisors and supply chain to find a way forward. Our German subsidiary has been critical in this respect and we are making progress, although not all issues have yet been resolved and we believe it is likely we will have to make changes to our banking and some equipment suppliers. Securing this major contract was a momentous achievement and we remain hopeful that the solutions we are seeking, together with the measures being put in place by the EU, will enable this and other potential projects in Iran to proceed in due course. Ferry Operations "As previously announced we exited the ferry operations in September 2017 in a manner that would not adversely affect airport passenger transfer to and from the mainland, which is important for our airport operations - this was one of the initial drivers for our involvement in the ferry service. We consequently entered into a formal agreement to transfer the operation to Sea Coach Express, the largest ferry operator in Sierra Leone, which has now been completed. Part four..................................... We will continue to operate and manage the ferry terminals in accordance with our 21-year agreement and will receive a share of revenues on ticket sales made through our own operations, together with a payment for all passengers travelling to and from our terminals although we do not expect these revenues to be material in the near term.

Part three....................... On 22 December 2017 we announced we had finalised legal and commercial negotiations apart from a few minor commercial and contractual issues. On 28 March 2018 we announced that the outstanding commercial and contractual issues has been agreed and that we were awaiting the client's internal approval process to complete. On 7 May 2018 the client finalised its approval process and the contract was signed. The contract is structured so that the effective date commences on the exchange of formal board letters between us and the client, which was expected to take place within 8 weeks of contract signing. The purpose of the exchange of letters is to allow both parties time to ensure everything is in place before commencing operations whilst giving both parties comfort that the contract was finalised, and terms could not be changed. "Unfortunately, on 8 May 2018 President Trump made an announcement that the US was unilaterally withdrawing from the JCPOA agreement and re-imposing sanctions. Whilst none of Westminster's proposed equipment or services is subject to any existing or proposed sanctions, the US action has implications for finance and banking and has created uncertainty in the international business community. "The other signatories to the JCPOA agreement, being China, Russia, Germany, France and the UK, have all stated their continued support for the agreement, as have the European Union (EU), the United Nations, the International Atomic Energy Agency and most other leading countries around the world. Germany, France and the United Kingdom have jointly vowed to uphold the JCPOA agreement and on 4 June 2018 wrote to the US Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo, regarding exemptions for EU businesses and certain banking issues. Also, as widely reported, the EU is considering putting measures in place to protect and support European companies against US extraterritorial actions, which is expected to be in place before 6 August 2018. "Given the initial uncertainty, and following discussions with our customer and commercial partners, the Board made the decision to place the project on hold whilst it seeks clarification on the impact of the US withdrawal from the JCPOA and the implications for the Company's banking, finance, insurance, its supply chain and the possible impact on the Company's other business and therefore to date there has been no formal exchange of board letters to make the contract effective. We have also placed on hold a second smaller contract in Iran for €2.65 million Euros signed at the same time for the same reasons. This decision, which we hope will be temporary, was prudent and sensible as it would have been irresponsible for the Company to commence these projects until such time as we are certain that issues emanating from the US withdrawal would not prevent a successful implementation.

Managed Services contract during 2018, although with projects of this scale and complexity there can never be certainty as to outcome or timing. Iran Projects "A defining achievement for the Company so far in 2018 was the formal signing on 7 May of a long term (15 year) contract for equipment and services at one of the 60+ airports in Iran. The contract, with initial annual revenues in excess of €24 million Euros, was the culmination of over two years complex and intensive negotiations and planning. "During the latter part of 2015, with the Joint Comprehensive Plan of Action (JCPOA) implementation date of 16 January 2016 approaching, we identified Iran as potentially one of the world's most exciting emerging markets, a view shared by leading analysists. Iran's economy is the second-largest in the Middle East and North Africa region after Saudi Arabia. It is larger than Australia's and approaching those of Turkey and Spain. It has a population of close to 80 million people, with a median age of 28, with strong aspirations to travel and engage with the rest of the world. Iran has a strong economy, an educated populace and a diaspora of over 4 million. "The country is recognised as a significant potential global aviation market after almost four decades of isolation and with over 60 airports in need of expansion and upgrading is potentially one of the world's fastest growing aviation opportunities. It is also strategically and geographically positioned to potentially be a major cargo and passenger transport hub between East and West. "We signed a Memorandum of Understanding with the airport authorities in March 2016 and received a formal Letter of Intent in May 2016. Over the past two years we have been involved in wide ranging and complex negotiations with commercial and political bodies with meetings in various jurisdictions. To be in a position to undertake this transformational project we have had to put in place a complex supply chain and invest in our corporate infrastructure, including the establishment of operations in Germany. We also dealt with a constantly changing scope of works as the client prioritised its requirements. In addition, given the sensitivities around operating in Iran, we had to overcome numerous challenges including banking, financing and strict compliance with international sanctions involving detailed due diligence and considerable professional advice from across Europe and the United States (US). Throughout the process we have received and continue to receive, valuable support from the UK government at the highest levels.

Looking good. Nothing negative in their statement.

Westminster Group Plc ('Westminster', the 'Group' or the 'Company') AGM Statement Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, will hold its Annual General Meeting today at 11am at the offices of Moore Stephens LLP, 150 Aldersgate Street, London, EC1A 4AB. At the meeting, Westminster's Chief Executive Peter Fowler will provide shareholders with the following update: "In our 2017 Annual Report I was pleased to report that the Group is now in a better position than it has been for some time in terms of management, structure, revenues and prospects. Both our Managed Services and Technology divisions are performing well. Trading for the first five months of this financial year has been broadly in line with the Board's expectations and excluding the impact of any new major contracts, we expect to be EBITDA positive this year. Technology Division "Our Technology Division has had a strong start to the year securing a number of contracts for products and services around the world including the $4.5m USD contract announced in March 2018. That project is underway, and we expect it to be largely delivered this financial year. Managed Services Division "Our Managed Services Division experienced a strong start to the year with January passenger numbers being the second highest on record and despite a minor downturn in passenger numbers during March and April, due to prolonged elections in Sierra Leone, we expect to see continued growth over the full year with new carriers, such as Turkish Airlines, having now commenced services. Cargo screening services revenues are ahead of budget but remain minor as we await the airport authority's development of an effective cargo hub. This, together with the country's export potential, should generate additional cargo traffic. New airlines are also likely to create additional demand. "So far in 2018 we have secured important new contracts to assist airport authorities with their equipment and training needs at a number of international airports in our target markets and we are expanding our training team to meet the demand for our services in this area. "We continue to process our large scale managed services prospects around the world although, due in part to the confidential nature of such projects and commercial sensitivity, we are no longer announcing or commenting on any individual Memorandums of Understanding or Letters of Intent as this can lead to speculation particularly as negotiations can ebb and flow over prolonged periods and take some time to reach a final outcome. We will of course update the market on material developments as appropriate and in accordance with our regulatory responsibilities. We are however, as previously announced, working towards signing at least one other long term Managed Services contract during 2018, although with pro

Update on current state of affairs. Still looks like a prospect. Still expected to go ahead. Just need to get it over the line now.