Sunday thoughts14 Jul 2019 14:46
I can't help but be excited by the potential news flow that is due for WSG.
Ghana contract signing. Their second MSC, a long term multi million annual profit contract. Due any day.
Several MSPs on the cusp of being signed from the first proactive interview. I think we could see two within the next 6 months.
The Saudi JV is mouth watering in its potential. WSG delivered a multi million tech contract for vehicle screening at an Air Force base in what looks like being in Saudi Arabia, and have picked up another tech contract recently. SA are privatising ports and airports. It is the Crown Prince's policy, his Uncle is the Chairman of the JV partner. There is no way the JV was set up without contracts being in mind/imminent.
Relentless decent sized tech contracts.
Anew German subsidiary set up in Germany...for what reason management were very coy about at the AGM, we established it was for something completely new as yet not announced.
Iran contract to be ring fenced into some sort of SPV.
French acquisition is opening doors and increasing activity into Francophile countries such as Tunisia, Algeria, Morocco, Chad, Niger etc...
Keyguard continues to recruit staff to fulfil contracts. Historic debt being chased.
Another large historical debt being chased (check out the 2010 accounts...it might be that one) and as the client wants fresh work to be done it has a good chance of getting resolved.
Boat sale due anytime.
Latest strategic alliance with he Bahrein based aviation training company.
All sounds like a potential rich news flow with several transformational RNSs due to drop.