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From linked in so maybe an RNS later? Or maybe not big enough
It has been an exciting week at Westminster Security HQ; an investment completed yesterday in a tech start-up based in Tel-Aviv, Israel, which could revolutionise the security and close protection sector.
And a company acquisition completed today, which compliments and enhances our service offering and global operational capabilities. With another acquisition close to completion, the future certainly looks bright!
Further details and a press release to be published in due course.
Well...we are in the 4th Quarter and we await the DRC ratification and commencement.
I would assume by the Half Year report that the ratification will come earlier this quarter, if it will also be commenced in Q4 as stated previously.
I would also assume that no Funding will be raised until this is announced - if it is then we are all screwed and there would be little hope of the DRC project.
Interesting Quarter - Do or Die I would think
I think if you have a few hundred pounds spare at this price its worth a punt.
- JCPOA Iran agreement is very near, this alone if it gets signed could bring the price up
- Q4 DRC report - not too far away
- Saudi could still open lots of doors - would be good to know if we still have the leverage in Saudi
Downside - Placing possible but cant see that happening for another few months unless we need it for a contract win
Looks like Westminster Arabia is starting to get some deals - hopefully the first of many and leads to something a lot bigger:
https://www.wsg-corporate.com/news/new-contract-award-saudi-arabian-government-agency/
I don’t think this will make a difference to the price, unless it goes down. It’s again just all noise and promises
Forgive me I would normally be positive about this but after 5 years being invested here, it’s been full of future promises that never seem to happen or when we do get a signed contract we can’t get it ratified.
Do you think that people are expecting a raise of capital to fund this and are therefore holding the share price back?
Not great if this is the case as we need a higher share price to issue shares at a higher price!!!
This is an idea how big this could be, imagine getting a deal with one of these big chains:
Come on wsg!!
https://www.google.co.uk/amp/s/amp.news.com.au/lifestyle/health/health-problems/mcdonalds-and-dominos-staff-to-have-temperatures-scanned-before-shifts/news-story/0c6f338c402fd7160dfbf40f2f18ed74
I would like to know more about how they are coping with the demand, likely a similar situation to the supermarkets, is it first come first served or are they strategically choosing who they sell to.
Either way, even when Covid 19 settles down, the demand for these kits will be high for many years to prepare for any future or returning viruses, selling these alone could be worth more than any MSC
https://www.wsg-corporate.com/news/new-contract-award-eod-bomb-disposal-suits-3/
This time last year, our hopes were raised and we were waiting for the country to sign it, would have been nice to have an update on any progress, if the country has sorted out their issues etc or if its still ongoing
https://www.bbc.co.uk/news/business-49848068
Boost to 100 million tourists by 2030, could be a reason for the JV :)
https://www.bbc.com/news/amp/world-africa-49213901
Timings fit well with the delays we have seen, maybe this one will come good now?