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What is not to like about this?
Great news...been a v long road but it looks like the finish line is in sight
"we are confident we are on course to attain RSPO certification this year. At this point, Dekel will not only be Cote d'Ivoire's fourth largest CPO producer but one that is certified to operate in line with globally recognised best practices. The Board believes it will also potentially allow the Company to sell our CPO and PKO at a price premium."
Buying 20 m shares and taking your salary in stock from a new director can only be a positive sign for investors
Some of you really get your knickers in a twist over a few shares being issued in lieu of fees.
If a director is taking all his wages in stock....he must believe they represent good value...I mean FFS....this is a good nd positive vote of confidence in the company.
Most of these small caps are salary gravy trains for directors. Not this one . Directors are well aligned with share holders.
CPO at over $1000 , we are entering high season. Cashews in Q2 to add to revenues. SP has been trending upwards for weeks and months now...for very good reason
Aristide Achybrou is a really interesting character. He has local roots, his family is involved in the rubber business. He has an impeccable educational and work pedigree.
He has elected to take his wages in shares and has elected to to do the same for 2021.............Good move! He's made great money on his 2020 stock and looks like he plans to do the same in 2021..........the difference between directors and investors? We can trade our stock...he can't! He's in it for the long haul and clearly sees tremendous value here
Looks like the H1 production anomaly is well behind us now.
Q4 production has been excellent compared to 2019. Coming into high season now and the CPO price is at ten yer highs.
They are going to make some serious coin the next 6 months.
Cashew production and revenues to kick in in Q2. Excellent...a second revenue stream. A third to follow.
All good here.
I think the MC peaked at about £45m a few years ago with a CPO price of $700 odd. Here we are with a CPO price of over $1000 and a second revenue stream about to start. A lot of value here
try reading the RNSs and watching the presentations
Their partner goes to the bond market in Norway this month. We should hear the result by the end of February
With CPO prices where they are and forecast to stay above $900 until June, they are going to make out like bandits. Heading for a record year on CPO income if volumes are decent and then we have cashews coming on line mid year. Cashews forecast to be more profitable than CPO...we are set fair
That's three II who have bought into the company above the 3% level. No II have bought stock since 2016.
Inflection point or is this buying mean they are about to go bust?
Spreadex is used as a broker. A place where you can settle your shares. The Spreadex holdings RNS is a bit like a nominee RNS. A number of shareholders, II and HNW have settled their placing stock at Spreadex (it is cheap and tax efficient). Spreadex have reported their accumulative position.
Secondly, the Board were not allowed to take part in the placing as they were deemed 'inside' on privileged information which was deemed significant to the company i.e. deal flow...the Nomad makes these decisions.
Happy New to all genuine share holders
2021 will be better for share holders, go well
Too right Gibbo!
You couldn't make it up...but they continue to do so!
Good volumes this morning, price grinding up, placing getting worked through.
Proslenes played the same game on ECO oil and gas. ****ged it off for months, then bought in ....nothing had changed except the sp....everyone has an agenda
Firstly, it is unlikely we will see this airport expansion happen anytime soon. Suspect it's a lot of political posturing.
Secondly, Westminster's contract gives them the same gig whatever the airport. This has been posted repeatedly .
is run by Christopher Mills, the UK's best performing fund manager.
https://www.**********.co.uk/articles/christopher-mills-the-uk-s-best-performing-small-cap-fund-manager-on-the-stocks-he-likes-a063393/
The first II to invest in WSG since 2016. Most would say this is a powerful and positive signal. Not most posters on this bulletin board though........odd that! If it wasn't so sad, it would be funny!
Firstly, there are some v misguided folk on here, particularly Socialist b who has got everything wrong again, just like around the 1p placing 6 weeks ago.
Secondly, another invested company is IPOing tomorrow on the TSX, Empress Royalty
Thirdly, another invest company is IPOing on the 31st, Angold
New management continuing to deliver value added investments with short and medium term liquidity moments. More to come.
Rogue Baron in the New Year to IPO, Low 6 in March/April.
Rincon to get into the field at multiple assets to progress exploration drilling.
2020 has been excellent since the mid year re-boot. 2021 looks like being even better.
you are calling this well MasterRSI
great to see the liquidity and volume being traded today. Think it will take a few weeks to wash through any places flipping for 5/10% gains. It'll suddenly pop one day when they are done.
LOL
None, because it is total and utter rubbish. There are rules, I follow them.
Just as well I'm not litigious as both Misty and Hoofhearted have crossed the line....there are limits to my patience mind.
"You seem to have conveniently ignored our only ii we have ever had - Cannacord. ? Stumped more in one go (£5m)that these fair weather stooges have put combined -£300k each, woozer- that’s big “fund” money and they have their warrant cheapies) so H&N , do tell us where Cannacord have gone . diluted or completely flushed DTT .
Best get your memory back cause loads of LTHs know about the old HL now Cannacord."
Replying to the above from Jimzi.
Back in 2016 Hargreave Hale invested £1m at 10p a pop, not £5m, as you stated. They added a bit more in early 2017 at 11.5 ish.
They were taken over by Cannacord a year or so later. Cannacord sold down their 'inherited' position later on but still held some as they were on the register above 3%.
The fact remains that for the first time in 41/2 years , not one II but multiple II have invested into Westminster Group.
As I said the other day, some folk will try and make a negative out of one the most positive signals you are likely to see in investing in any stock. Their agenda is the same no matter what it seems.
Hope that helps,
Happy Xmas
So, it's 4 1/2 years since an II invested in WSG. Now, multiple II are investing into the company......I wonder why? Is it because they think it is good opportunity or do they want to lose money?
I'll let you think about that for awhile....it's a really tricky question.
Follow the lead of specialist small cap fund managers or the rantings of strangers spouting negative bile on the LSE Asylum?
Tough decisions for all of us. I've bought loads at this level to try and average down. I either crash and burn as all the doomsayers clearly wish or the company delivers on it's promised contracts in 2021 and I make money.
Happy holidays to everyone out there...well, nearly everyone!...
I love people talking about the disclosure rules so adamantly when they don't understand them.
All's good, well done Jimprice for making the effort to get confirmation.
As I posted earlier, a certain bunch on here will make negatives out of positives . Two II so far on the registry from the placing.
Can anyone find a date when an II bought into WSG, let alone two?....how many years ago?
Think about it. Perhaps into their fifth year of double digit revenue growth, positive EBITDA and a net profit in H1 and the promise of contracts in the offing might just make WSG a good time to buy.
I believe the much loved phrase is ,'inflection point'