So much more to come here. I am particularly looking forward to two set plays, the AGM statement and the half yearly in August, numbers should be v good. In the mean time anything could happen, these guys have plenty of irons in the fire....looks like flights to Freetown start in mid June
Excellent announcement today, shows the calibre of the people they are working with. They are in with Menzies, in with Air France and in at Stockholm airport. One camera on one desk.....the potential to roll this out is huge. Think how many customers Menzies has, how big Air France is....really excellent update. WSG seem to be understanding better the need to communicate to the market, not hiding this stuff on their website where it doesn't;t get seen. All credit to them and their change of policy/strategy
Can't see 3p lasting long if CPO continues to trend up. Should get some monthly production figures soon. And next year we have a share in $20m of cashew revenues to add on. Green energy projects And another commodity may well be on the cards...think the business/family background of DKL's new local investor gives plenty of clues. Think it is mighty cheap at these levels. India and China are importing again and the biodiesel mandates in Indonesia and Malaysia will help constrain supply...particularly as the oil price recovers
Clearly all the nodding donkey assets in the USA were marginal assets even when the oil price was good. Now they are not commercial, all binned or being binned and the transaction binned. They have re capitalised, change the board, clear the debts, get some cash in the bank and become a clean shell. At least they have made some provision for share holders with a broker to get some placing stock. I took part in the placing but got scaled back...got about 2/3 of what I asked for
Genuine diamond in the rough this company. Fantastic set of results, independent corroboration of what a quality company this is, record year, plenty of cash, trading profitably, some real organic revenue drivers in play, the prospect of more managed service contracts in the offing and the possibility of 'up selling' Fever tech and training as part of the package. Fever tech sales more than mitigating for the temporary loss of SL income...what is not to like except the de-rampers on this dysfunctional bulletin board? I bought more today, 25 % pull back since the results when it should have pushed higher...the joy of retail!
Company doing really well, set very nicely for growth/new contracts.
Tema organic growth will happen for years tech/fever tech clearly a huge revenue provider with margins at about 15% Freetown back on stream in July Saudi JV.....v excited about the prospects here. Should get some meaty contracts coming through in H2. Loads of managed service contract possibilities on the go...now not only security issues but Covid fever tech/testing being offered as part of the service. WSG are really well set in this space.
Today was a liquidity event for some which is fair enough. Holding mine still, very confident they will trade their way through Covid well and come out in good shape and will garner more business.