Member Info for Feeks

Something to contemplate as we await the wooly haired wonder's address at 7pm!"

It took me more than a few moments to realise you were talking about Boris not DHC.

Anyhow, I am glad you ran out of box sets Mike GP because you have done a good job of illustrating the latent contract value in the current share price. It's why I and several other LTH have been quietly holding suring a long period of negative bashing. One thing you didn't do is carry the TEU figures forward to the 3.7m capacity for 2022, which would take you up to 118p on your figures. You might say that this growth is factored in by virtue of the PE 15 rating you have given it - if so then fair enough perhaps BUT a 15 PE rating will seem on the low side when another long term MSC drops in. Anyhow the real point is that there is plenty of value at current SP levels regardless of the contribution made by any other parts of the business. Stock remains undervalued at less than 30p.

MikeGP - also thanks from me. I know how long these things take to set out and I normally cannot find the enthusiasm to do so, but what you say is entirely fair and accurate. So much appreciated.

We should not be suprised that with all theae news stories there is a compeition, and tension, between what is best for the economic health of a population and its physical health. It is pretty obvious where Govts will strike the balance in the medium to long term, and as we are already seeing, part of the solution is to install detection mechanisms like the kit WSG sells.

Stream of gibberish

Forgot to add the link!

https://www.bbc.co.uk/news/business-52594023

So this is how the air travel industry is going to get going again. No reason why Sierra Leonne cannot deploy the same sort of measures. The Dream ticket for WSG will be Freetown back up and running (with normal passenger scanning revenue) and additional Covid 19 sales on top for a range of commercial buildings. That would really send a rocket up the share price. It could really happen

Sbs25 -
The 4th berth does not come into being until Dec 2020. Having said that the Chinese port construction workers dont seem to sleep. They have knockedmonths / years off the contract completion deadline so far, so they will probably be done by Autumn.

Sbs25 - Covid 19 sales is like signing a new MSC. You heard it here first.

Tema is only just over half capacity at 2m units. In 2022 it will be 3.7m capcity so there is something like 50% yoy revenue growth in the first 3 yeara of this contract

Good chance that fever screening will become ubiquitous for allsorts of reasons - and not just useful for this pandemic.

There are Unions in USA demanding that thermal scanners are put into operations for protection of workers

Their poltical connections (Tory party) will help enormously. People might not know that WSG has links high up in Westminster (hence the name) -

Rt. Hon. Sir Tony Baldry:-
Sir Tony, has had a long a prestigious Parliamentary career. He was Personal Aide to Margaret Thatcher in the 1974 General Election and subsequently remained in her private office when she became Leader of the Opposition.

As close as I get to the person at the checkout till, yes. And other shoppers as they barge past.

Not  "commenting on it for a while ......."

That must be excluding Sunday-Monday's then presumably?

Has the point been made here already that you can socially distance at a small airpiort like Freetown far more easily than you can at a major hub airport like Heathrow? It is not much different in terms of the exercise than the way they separate out the shoppers in my local supermarket. For those that don't know, WSG's revenue comes from only 300-400 passengers per day on 2 or 3 planes. The other relevant information is that Sierra Leonne as a whole country has stilll only recorsed 257 cases and 17 deaths.

Ps. Mike's calculation has discounted 2 weeks of passengers in early April. The passenger numbers were still 50% or so before stopping completel.

Still posting here DHC...? Concentrate on your own "investments" as a change. I shoul really call it gambling not investing.

He can be only man in the universe who is excitedly supporting retail and leisure shares (INTU, HMSO and CINE) without once mentioning the possibility that scanning equipment sales might be key to those facilities re-opening.

I expect DHC's next appearance will be on BGT walking a tightrope with a turkey on his bonce.

DHC - it seems you were talking a lot about me yesterday. I told you I had turned over a new leaf by the fact I had ticked one of your posts. So you misread what I said. Or misconstrued it. The only reason for saying that was that it was the only one of your posts I had ever read that was vaguely fair and sensible (but still wrong as I pointed out). You post like this on every share it seems which was the only reason I took a look at your posting history in the first place. There is no hiding frommthe fact you backed INTU from 5.5p or so rather than buying in at 3.7 as you claimed. And you told shareholders it would be 25p plus easily (one post of yours suggested a 40x rise was due!!) and then a short while after that you brag here about selling up at 7p. I am telling people not to listen to you for the simple fact it is trader talk which is as double headed in purpose as your name suggests.

It does bring a constant source of amusement to me and Aiming. As he points out your crowning moment was earlier this year when you did actually stress repeatedly the importance of launching a marketing campaign to push the likely worldwide sales of fever screening equipment so you could have your NYCT moment. The company is doing exactly now that but alas, you sold too soon!!

Hi Sbs25 -
Here it is. Actually it says 2m TEU in 2020 rather than by the end of the year as I suggested - but it has to ramp up of course so I have assumed Dec 2020. This bit wqs also interesting:

" We are the first terminal to launch berthing windows, where the week is divided into slots that provide every shipping line with a dedicated berth. This has synchronised the berthing of vessels and eliminated congestion. Furthermore, vessel anchorage time has been reduced to under a day and truck turnaround times have dropped from one day to under an hour. Discussions are also ongoing with a number of international shipping lines to place Tema at the centre of trans-shipment in West Africa."

https://oxfordbusinessgroup.com/interview/increasing-connectivity-mohamed-samara-ceo-meridian-port-services-opportunities-opened-improved

I read a few of those articles a week or two ago. I am pretty sure one company had stated they had sold more kit this year than they had in the pat 10 years and prices had doubled. Someone can hopefully verify this.