What do you want me to say. Christ, if I post, despite being an uninvested troll I get lampooned - if I elect not to get drawn into your, slightly obsessive, dispute with ‘Duplicitous’, my absence needs to be investigated by the FCA?
“Strong hints in recent Proactive interview that upcoming news will not disappoint. What's not to like? Deffo under priced right now”
Strong hints on July 5th 2019 that there were several MSC opportunities “On the cusp” some of which he hoped to get over the line in the following six months Then too PF felt that we were undervalued (having come off 27p, about 18p on the day heading back to about 12 p shortly thereafter) and that, wink, any placing might be higher.
How did the content of that podcast play out? Well;
No MSC’s appeared in the following six months - or since
The BoD managed to drive down the SP with no news and two share sprinkling raises. And umpteen disappointments on the Tema signing guessing game.
Given that virtually everything PF set out turned into a polar opposite - how can you give any weight to ‘strong hints’ in 2020?
It’s undervalued because delivery is non existent annually.
Hence recent commentary, that he really needs to sign a biggie - and I suspect that might have to come from KSA and is some way off.
An explanation on cusps not forthcoming. “Significant progress though”, again.
Oh good. In fact on that basis I note that we effectively signed the contract last March;
In March 2019 we had entered into a Technical Partnership Agreement with a Ghanaian company, Scanport Ltd. In June 2019, we announced a letter of intent had been received acknowledging Westminster as the Technical Partner and setting out the preliminary terms regarding the appointment and scope of work relating to a container screening project at the new container port, Terminal 3 at Tema, Ghana.
Makes you wonder why PF was reportedly ‘desperate’ to get the letter of intent before last years AGM - if the agreement signed in March sufficed?
Why spend the following eight months spending money on RNS’s predicting the timing for the contract - and embarrassing yourself in the process - if the TPA suffices?
Our principle revenue comes from running Lungi. It’s closed courtesy of Covid.
Our secondary income is generated by a new scanning project in Ghana. Far less affected - but we still haven’t signed our contract with our in country partners - and still have no accurate idea on the fee received per TEU.
The shortfall on Lungi revenue is purportedly covered by sales of fever screening tech and Ppe.
The market wanted more info on TEMA and numbers on Covid tech sales.