Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
From memory, PF was expecting the revenues from Cargo screening to be worth, in due course, a similar amount to the Airport Security.
All these ancillary services makes this a huge transformational contract for the Company.
A massive congratulations to WSG and PF.
AIMO
https://www.jpost.com/middle-east/article-691962
Come on Peter...get that old contract out for signing:)
So all you bunch of moaners shoot PF down for not hitting his end of year estimate. He told us exactly what the position was with both these new MSCs and that some of this income may slip into 2022.
Firstly, before ****ging him off, wait until Q4 has elapsed as it's not even started yet.
He said the income would start to come in on the west African Port about now and DRC after ratification. Well if he gets ratification soon then what's your problem....but II guess that doesn't give you something to moan about.
If he gets £10m before the end of the year and the rest slips into 2022 then that's fine with me. That would be 6.5m for H2....excellent.
Masses of income due in 2022 just from the signed contracts and if another 5m slips from 2021 to 2022 then that's makes for a bl00dy fantastic 2022.
So with all this negativity and so much signed business. I trust that if this comes off you to be as fast to congratulate PF as you were to **** him off. I tell you what, do that 3 months prior to achieving the results as that seems to be your style.
FFS get a grip.
HB
Well despite all you doomsayers, look what we have to look forward to now. We've never had these size contracts in the bag with huge one off and recurring income on its way :
DRC ratification...a matter of time as the client announced it and we have a signed contract
DRC cargo screening. I don't think anyone doubts this will add VERY significantly after ratification
Lungi Airport a long way to recovering already
Tema expansion this year and good recurring income at the present anyway
Big tech deals. Either this year or early next. No way would the huge target income of £15m be reiterated if not close to this deal being announced
Tower of London Contract in the bag
West Africa Port MSC in the bag, contract signed
Houses of Parliament Contract in the bag
KSA contract bidding. The team are heading out there now.
Saudi Aramco. Not in the bag but lots of hints
Burkina Faso MSC...MOU atm but the client announced
Guarding step change in the bag
Certific. Decent income straight to the bottom line.
Iran agreeing to recommence JCPOA talks in next few weeks....I accept this one is still a way off but it was this contract (that was signed don't forget and so it's not pie in the sky) that was worth £20mil PA to us that saw our SP soar. With all of the above and cash in the bank and no debt I cannot conceive of a better AIM stock atm. Just imagine when all the above income (just the ones we have actually signed) starts to land and is reflected in the SP, the momentum of these and the possibility of Iran, Saudi/Aramco and Burkino Faso contracts could send this to great heights even with the increase in shares in issue.
I am adding daily having heard and saw what I wanted at the Queens Award ceremony.
So, with all the above overseen by PF, I think it's high time we started to support and congratulate him on putting WSG in such an amazing position.
AIMO
HB
Yrabs....I have tried to register personally and through work email with Arden site on many many occasions and always it says a data breech or other rubbish. Seriously unimpressed with the site but the research notes are well written.
I managed to get a pdf if you or other peeps want a copy. email me at vestysmith@aol.com
HB
The more I think about this the the more I think they must genuinely expect to hit this figure. Why not say 14mil or 13m or 12m or even 10mil....I think all us shareholders would be happy with any of them given the H1 figures. So why set themselves up for a fall.
I would love to know how they calculate this. They would look pretty stupid if they just did say just £5mil in H2 and so they must have visibility on substantial income this year. Maybe we have already had a big chunk in July and to date in August.
Definitely the number one question for the 17th August and I have sent this to the organisers.
Maybe it's a big one off tech contract that was mentioned was imminent in todays RNS.
What I don't see is this level of income in the short term i.e. in H2 this year even with these fantastic contracts that we know about.
HB
From Smiths Detectors Twitter page and likes of Eskers and a few others:
''Already handling more than 90 percent of [Ghana’s] container traffic, that volume is set to TREBLE following completion of its fourth berth [in September''
https://twitter.com/Eskers1/status/1414841821059067904
That's massive for WSG
HB
With an average (pre covid) of 6.5m visitors a year and the cost of entry being £29 per person, if we use our normal remuneration basis (per de3parting passenger at airports and per crate at Ports) then this could be a major MSC for us. Let's say we only get £1 per visitor....wow.
Would be great to get a steer on the value somehow from PF....I don't see that as sensitive from a security point of view.
All good news.
HB
As I understand it, a major reason for the raise last year was to fund the equipment and so I wouldn't expect a big need for capex. A good question for the AGM...that should be a fun day now:)
So 6 million in Covid is 12 million post covid. So 240 mil contract and doubles our turnover in one go.....WOW
Good to see even some of the bashers saying well done to Pete.
HB
Westminster have recently fulfilled a contract to provide a top London college with a range of security screening products. One such product will be used at their specialist training centre. The units will deployed across the campus to help train 16–18-year-olds interested in joining the security sector on how to search and screen people and baggage for contraband items.
A broad roadmap designed to rescue the Iran nuclear deal undermined by Donald Trump has been agreed in talks in Vienna, with the aim of bringing Iran and the US back into compliance in as little as two months.