That if you don't buy back what you sold soon then our city friends Robin U Blind, Harvina Laugh and Mickey Taker will be taking them and keeping them all to themselves whilst moving the share price back up higher. That's how it generally works.
If ever there was a share that has been blatantly manipulated (cough naked shorted) down to enable city friends to load up then it has been this one.
Tema is still very much all to play for and staff numbers being trained up is dramatically increasing. Not unsurprisingly - no CC 3% threshold crossing RNS to date says probably dark art forces have had a few over.
Have a good evening.
Ps - you can have my shares for 75p. That's my previous core holding and my recent top ups.
Yes it is about time. That's an understatement and SS has gone from hero to zero for what he has done to this share price and the delays he has caused.
Some big chunky pieces of kit have gone on there this week which bodes well.
I will get excited though - as I have repetaedly said - when there is either a RIG turns up unannounced and knocking at the door or there is an RNS stating one will imminently be arriving.
If you know that the sum of parts is worth more than the present market cap just sit back and chill, pick up the low hanging fruit and wait for our shorters Robin U Blind and Harvina Laugh to close up.
Let PF deliver the TEMA RNS unannounced and he can't be best happy with the share price shenanigans himself. My guess is it will be delivered during market hours.
I tried to offer you more the explanation last night.
If CC were selling it would be 15p upwards as they did prior to their last notification. It simply doesn't make sense as things stand presently.
Research naked shorting and NTOG. I posted the link last night. The MM's can in theory naked short 10% of the stock.
I have never seen it done like this in the many years of watching WSG.
That is with several recent pieces of good news dished up. KSA JV, GAA JV, New Training Academy, 3 tech contracts and TEMA port sat very much still on the table. Then a raft of other MOU's - African airport / Iran signed but on hold etc etc
The present market cap does not even imo cover Lungi Airport with record passenger numbers and the Techno Division firing in a roughly 4Mill contract per year. HQ also must be worth about £4 Mill possibly more now and also and the add in Keyguard, Westminster Sicherheit and Euro Ops.
Sum of parts as they say.
Just leave them to get on a drop the Tema contract when its signed. That is massive business, still all to play for and would of transformed the business and the share price at 18p. Will transform it even more at 12p.
Looks like an about turn by Miton with a decrease in holding.
Decreases are never good for the inference is that they will sell more.
About February / March time - everything seemed clear on the direction of the company. Now its had a clearly targetted and shorted down share price, delay, indecision, funds involved, litigation. Now one Institutional holder reducing
You'll forgive me for asking the question Wtf is going on here?
I'll say it.
But you might find that you are completely wrong in any assumption you are making about CC selling any of their remaining stock and I'll tell you why.
There have been several days of noticeable 250k trades going through on the sell side - and these trades have definitely been being used to tip / manipulate the price. Yesterday there were about 4 x100k and 2 x 50k in realtively quick succession (500k) and today someone mentioned 2 x 250k (500k). I think if you add them up there must comfortably have been 3M passed through the market and with the share price knocked down by one third plus.
Cannacord's last RNS left them with 5.3M shares or what was a 3.9251% holding.
The notification rules though are quite clear in that, either way - whether up or down you have to notify on the 3% threshold and every 1% above that. So at 3%, 4%, 5% etc as relevant here.
If Cannacord had been the seller of say just a further 1.325% of their holding or 1/4 of what they had remaining at the last RNS - then they would have clearly crossed the 3% threshold and would have to notify the market. The volume of these trades has clearly surpassed that level. Thereafter once you cross the 3% threshold there is no obligation to notify again.
Personally if it was CC selling (and there has easily been that required volume) then there should be an RNS.
Of equal probability - is that the share price is being naked shorted by the market makers using these trades and a half point to sometimes one point (joke spread) to shift the sp. In that way having already used shares they don't own to sell into the market to manipulate the price down once they get to the required level and having coaxed the weak out of their shares they then use them to close their positions. No doubt picking up all they need and a few more for the next rinse and repeat.
For those of a disbelieving nature read this article.
About half of any recent falls in this share price have been "spread related" which to me says MM's
If you wish to give them your shares then please crack on and do so. Just remember they also carry the upper hand when good news comes along and whereby they: put it into auction, negotiated trade it. Narrow the spread with it tightened back upwards. Limit your ability to buy to only a few thousand by adjusting the settings.
The truth is that you will never know - but if there is No RNS then its a fair chance that is your answer.
If they are trying to do it thinking there might be a placing for which they can offer the cash as a solution to get the shares they need - PF needs to be wise to these games.
Inadvertently and indirectly though it sets up your next short squeeze and they normally rebound juts as quickly as they fall.
You are wasting your time conversing with tr olls and non holders. That's most of your posts today. Cut the oxygen supply to them, switch off and enjoy your evening.
What I have I am keeping and have been adding to and those onboard know the scale of things at TEMA.
Just a polite request to keep the contents of any responses today from PF to yourselves. Mike you have kindly shared previous correspondence which some have clearly used to trade and the contents of which are equally as relevant today as they were back then. I shall be doing likewise.
They will either be holding or not in the next week or so when it seals.
Just had one break and off to Malaga next weekend.
Have a good night.
So we now have 2 Directors having bought shares with their own money in the last few days. The Finance BoD you would expect knows the score.
The Board now incentivised by options also
And yesterdays stellar RNS on top with the new Board member, JTP sidelined from Directorships Gas and Brockham success experience bought in and £2.5M added to any existing cash balance.
It looks like the BoD have a structured plan to resurrect the share price.
Still very cheap.
Sadly some seek to engage with them thinking it's clever which just gives them airtime and another response.
They ain't your mates and are trying for chepaer re-entry points at your expense.
Ignore them and let them tweet and facetime each other or pass the keyboard amongst themselves.
Contract talks are still ongoing.
Night off tonight.
Suggest others do similar.
Contract discussions still ongoing
Still exclusive and LOI extended
50 Staff now trained up and operational 24/7 and a further 154 for training ahead of a full switchover.
And marked down 10% with very few selling and most trades I suspect being buys.
All it has done is move the share from what was imo a 4 bagger (70p to 80p) to now a 6 bagger on a decent recurring revenues managed services contract.
At best today's RNS should have kept things the same as yesterday - still Loi'd, still exclusive, still ongoing, lots more staff to be trained up. So far all's been successful....
It is one of the best upward potential stocks presently on Aim. Another was ANGS and its just done 50% for me in about a week and still has further rebound potential. There, there was a valuation gap with the market cap v cash + assets.
Here at WSG it is exactly the same - and you will be lucky if the present market cap represents the worth of the Lungi airport contract in Sierra Leone, The Tech Division and its big contract wins (and several others) the New Training Academy, JV with Gulf Aviation Academy, Kingdom of Saudi Arabia Joint Venture, Keyguard, Euro Ops, Westminster Sicherheit and the multitude of other MOU's - 1 of which I think is very close and the other is on hold - though contract signed.
Not one penny of worth in the present valuation in my book for TEMA and what will be the biggest contract in WSG's history.
All yours for roughly just the other side of £16Mill.
That's because they have been taken unaware by the GL counter offensive. ANGS has been mates rates shorted all the way down from the 12p to 15p off the very same 1 piece of bad news that took them 6 months to try all options and properly update the market.
Lets see if we get a Holdings RNS off GL.
Well done all who bought in
That though is tinged with disappointment for all those that sold out far too cheaply off the back of likes of rxdav and all the derampers who slated the company off, spouted litigation and whom you will probably find were nothing more than traders urging you to sell, sell sell to lower the price for their buy back. Now disappeared or will appear again under a different alter ego.