Member Info for Feeks

I will make the same point slightly differently Foxy:-

There is nothing different which you have learned about the company SINCE Christmas 2018 than you had already learned BEFORE that date. PF is whatever you think he is. The decision to buy is no more or less important than knowing when to sell. I wish I could get that bit right more often myself, but hey ho

BREAKING NEWS FROM DHC :-
The UK and the whole of the world is on "lockdown" at the moment and countries and industries are going into hibernation to hopefully restart where they were in 3 to 6 months time
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I have only ever seen Trump turnabout quicker.

DHC ticked your post replying to MikeGP- cherish it!

Ace news Mike GP

Foxy my friend, time is precious. Emotional well being is equally important. From what you have said here life has been harder for you than for for most - but investment is not a battle, and it can even be a pleasure. Like the rest of us PF has his own battles too, so have a think about that sometime. I will keep making mistakes, but I am also determimed to keep learning. In the end being "right" and having real insight is only important if you know what to do with it. I feel sure that WSG is not the right path for you, and the secret to what you are looking for will not be contained in an RNS. You have to get there for yourself umfortunately, but genuinely, good luck.

See last RNS. You haven't given credit for any of it at any stage, nor Vander or DHC. So if you did know you didn't correctly acknowledge

It's empirical observation not theory.

Foxhill - but you Vander and DHC have been making a big song and dance about the lack of a signed contract. So which side of the fence are you sitting?

*Iran

Aiming -
Hopefully not an embarrassing question to ask, but do you recall which posters here on this BB (there were at least 2 of them) who were totally and utterly sure, 100% so, without any scintilla of doubt, thay the Itan contract was Oman?

Foxhill - juat my opinion - all of it is uneasonable. Great strides being made. Did you see we now have a multi year contract at Tema?

We agreed that it doesn't matter how you get the tech sales revenues, whether it is with "big ticket" or small sales. Arguably, small sales is a more sustainable model. Either way my point was fair because a number of people were dismissive of the scale of that revenue stream when it is in fact highly material.

The original assumption here was that Covid tech sales would be minor, irrelevant or immaterial. That has changed drastically. The Company cannot predict the overall revenue generation from those tech sales any more accurately than it can predict the size of the impact on passenger numbers at Lungi (no-one knows how this crisis will play out), but clearly those sales have ramped up dramatically in the last 2 weeks, and that pattern can reasonably be expected to continue for a while longer yet - all of which is an excellent counterbalance to the effects of Covid across the rest of the business. The real investment picture here then, is that there is effective revenue support during the worst of the crisis on the main company operations. It is not obvious that Tema will be affected all that much at all, execept for maybe a 1-2 months period from now. Looking further ahead though, we can expect to see Tema cargo revenue increase from under 1m TEU's at present to a maximum Port capacity of 3.7m TEU's in 2021, and that extra revenue should drop to the bottom line every year on the basis of a 5 year recurring contract model with fixed operating costs. I don't see how that value can be priced in yet.

16.03.20 ---
The supply of fever screening and associated equipment will represent a material element of our business during the current financial period. 500 enquiries. $720,000 USD
[That is 8.3 enquiries per day average over 60 days.]

18.03.20 -------
Approaching $1 million USD. We are currently handling an average of 28 enquiries per day.
We expect our increase in product sales due to the COVID-19 crisis to offset any potential reduction in revenues from our aviation security business.
[Enquiry rate now running at 3x the rate up to 16.3.20]

01.04.20 ---------
So far in Q1 2020, the Group has received over $2.1 million USD of online product orders of which $1.7 million USD were in March 2020 and over $1.2 million USD of that was the last two weeks alone, mitigating the reductions in our airport business.

Why have a dig, fair question? So, no then I don't think your message was call that clear as I had thought you were out.

I thought Foxy only just told us he had sold all his shares?

Dynamo2 - just saw your post after posting mine. We share the same opinion on the strength of underlying existing operations. How nice it would be for one of the other long term contract opportunities to fall into place in 2020

Rivaldo - one would hope. It has been difficult to drown out the chorus of derampers who loiter here. Turns out they were all wrong, except it is the finance deal that has has weighed heavily. But when the virus has gone those money woes are over.

One area I do have particular specialist knowledge and experience of is matters of practical contract law. The main contract techical appointment is totally sufficient as we have been told, and I have commented on this before. Only the derampers here were getting knotted over the signing of the subsidiary contract. It is realtively unimportant. As I have already stated Scanport would be in a whole mighty heap of mess if they could not provide those services. This is just another one of those issues where DHC, Foxy and Vander have been badly misleading and wrong.

Bamb in this market don'y be so sure, but there is cash in bank and good signs of a decent underlying, profitable business model.

For 10 points: Who said this?

[ DELETED NAME ] sadly sits on the bulletin board all day long (and sometimes through the night posting perpetual and chronic negativity. It is almost akin to a campaign of harassment against the company. One sad individual really but most who visit here have his mark and simply ignore.

As for myself I am no ramper but will stand up for the shares that I am invested in. I simply post to countenance his negativity and unlike said individual have many other shares and a fulfilling life outside the bulletin boards
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Answers please!