Member Info for Feeks

https://www.airport-technology.com/features/africas-airport-projects/

Agree with you Jimzi. He is desperately annoying. All IMO. Just IMO.

We were told in trading updates many moons ago that most of WSG's best managed services opportunities were based at airports in the Middle East. This seems to be borne out by recent news and the UN Security Council Resolution seems to be driving this in terms of international standards - e.g staff training programmes, and upgrading the need for permiter security and vehicle screening. Many contracts are being won off the back of this it seems. It's a good place to look for you research IMO.

Gayenelly, yes I'm afraid we are two excited investors. But how strange it must be how you view the world to construe my plain attempt to de-ramp as a ramp. So in just one short sentence you are wrong twice!

Thanks smithers. There could be a link and it wouldn't be enormously suprising given the Hazar news is out, but there again, we are slipping into Oman guesswork territory. I am happy just to know (via the RNS announcement) that they are involved in KSA with a serious player so really do we actually need to search for more clues anyway...?

Another interesting leak in the papers (publication of Official Secrets is definitely not in the public interest so good luck to those who did!). https://www.bbc.co.uk/news/uk-48978484

Hi greenside thanks for your post and good luck. I think the good feeling is justified in this case, though personally I do expect a longer wait than most to get Ghama done. There are some professional investors who regard II support as a bad thing as it just creates volatility, as we have seen (though not much on this occasion luckily). Or to look at it another way, it is better to be there in the pool before the elephants arrive.

I would venture to suggest that fund managers who take 20% of all the profit they bank are very much interested in selling at a profit, and maybe so regardless of the future prospects! They might also need to do this to meet quarterly targets.

Goodnight all.

Can't be bad. We know that the tech sales division is often the first frontier into more established realtionships which can lead into much more significant managed service contracts.

Drax - just my simple take but "significant" for the purposes of the company website just means that it is newsworthy news, so one assumes there would be a few quid attached to this scanner sale (more than the price of selling a biro).
News that requires an RNS is material in the sense it is relevant to the overall market valuation of the company, so not many tech contracts will be that large, and so a lot of newsworthy stuff about tech sales will not need to be put out via official RNS. If it wants to the company can use RNS for reporting lesser news .

DHC- is this like the time you were just leaving the house? Does your flumight actually leave next week? Only joking. Safe travels.

Some wild speculation going on in the dead of night..!! LOL. It is funny how the price didn't come off one bit during all this sell off. There is a good chance the funds habe switched hands with another II, which often happens. It is in everyone's interest to do things that way if the opportunity arises.

Yes MOS, all of the trades at that time would appear to be BUYS. I had no trouble buying £5k at 16.625p. I am happy to buy but also accept there may be a drop if things get jittery. I am not expecting an RNS this week. I think it will be in 2-3 weeks, but mainly just because sorting legal paperwork is always way more work than people usually realise. It only takes one small change of terms to lose a week.

OK, so that is it for me (until news lands). Buy - 30075 shares at 16.625p

Securitt matters on the agenda, presumably this includes ports security.:-

"The leaders discussed ways to “strengthen economic and financial cooperation” and also reviewed security matters in the wake of “Iranian threats” to regional waterways, the Saudi Press Agency said."

https://www.malaymail.com/news/money/2019/07/07/saudi-king-hosts-british-finance-minister-for-talks/1769173

https://www.eurasiareview.com/08072019-king-salman-meets-british-finance-minister-philip-hammond/

Saudi Arabia’s King Salman on Sunday met British Chancellor of the Exchequer Philip Hammond at Al-Salam Palace in Jeddah to discuss economic and financial investments between the two countries and security cooperation amid heightened tensions with Iran.

During the meeting, King Salman and Hammond reviewed means of developing and strengthening economic opportunities in accordance with Vision 2030.
.............

Lefok - good afternoon again!!
I have spent very little time trying to understand your posts, which is probably for the better in my view. Are you trying to sell something...? I don't really understand why a man with a near death experience, a short lifespan and crippling medical issues who by his own admission has a very specific reason for taking on boundless risk in his personal investment choices would wish to foist that method upon others....? It is quintessentially a personal choice you have made which is very unlikely to suit others, and why does it bother you anyway what other people decide to do themselves. Maybe there's a clue..... no? Am I wrong?

... it will be due to a lot of hard graft.

Hi bamb
Figuratively speaking PF looks like a man who has had his shirt stuffed to brimming with £50 notes, and any moment now they will all pop out. I am mega confident that he will land a big fat contract, and indeed he already has done (Iran) - no, in fact it was two contracts.... both scuppered by the big fat orange one.

Since May 2018 we have found out that we are involved in Iran, Bahrain, Saudi Arabia, and Ghana. Everywhere it seems, except Oman ("Oh man", the irony....).

One other thing - and this is a personal gripe. The AIM is full of dubious companies, with over-egged news designed to keep the boat afloat. I have never thought this of PF and his crew, and the big sign of that things are both very professional and high level was Iran. They worked hard on the detailed managed service contract for 2 years, and it was (and is) a massive contract. Can you imagine how they must have felt when Trump ruined it all? They did not deserve criticism and yet that is what they mostly got. But that does create today's opportunity which the market has sadly missed. Indeed, it is the quality of the management, their expertise and professionalism in keeping tight-lipped which has enabled them to success, and at the same time attract immense criticism. I won't care too much, and nor will the Directors, but funny how the PI gamblers take stakes in companies like these and expect it to be simple and successful every single time. Life 'aint like that, it takes a lot of hard work, and if the company does succceed it wil

Lef -- good evening to you.
Yes, of course it is possible to succeed with your method but you admittted to losing sleep over a £900 paper loss on WSG (share price falling from 10p to 6p). So how are you feeling when you are in that situation with your multi millions on the line...? And remember that prior to the AGM statement WSG did not seem to have much left going for it after Trump ruined the Iran contracts. Your strategy probably only works for someone who is already a multi millionaire who can afford not to worry about taking massive risks when the share price is dropping with no good news in sight.
Also, I have probably had equal success just by reading news and being very very patient sitting on the sidelines and no doubt getting lucky too, hence I sold Nanoco at 120p orignally - bought back at 40p and again with a falling kmife trebbled up when it was in the low 20's so I ended up with a big pot invested at average 24p and sold out the entire lot at 52p quite recently (stroke of luck if you see what happened next). Interestingly I sold the lot on gut feel because I had too much to lose and for the first.time ever I did not feel easy about this (particularly since my research also kept indicating that many tech developers are vying for a share in the same market and that the Apple deal was as at risk of being dropped which i how it turned out). I have been in WSG for many years but not such a big way as I am now. That is because I read the AGM statement and knew what it meant so I put in a lot of money from Nanoco sale at 7's and 8's, as well as 12's and 14's. This did not and does not feel like so much of a risk when the price hardly moved-- 1. Sentiment was poor but the RNSs should be taken at face value 2. Iran may come back another day - it is a sign of success that they finalised a seriously large contract like this. All this without ever bothering to read about T lines. My strategy is to get to know a company and be very patient and be decisive when there an opportunity arises. Simples