Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://www.arabnews.com/node/1704226/business-economy
Saudi Airport contracts...could be one for us in due course as expect to complete in 2022.
ON their twitter page:
''Saudi Arabia security & policing will hold the lion’s share of spend this year, at US$5.4 billion. We invest in many sectors but see massive growth in security companies with contracts for port's, airports and physical & perimeter protection.''
Good to have as investors
At last some research :
https://www.uploadlibrary.com/SPAngel_Tania.Maciver/WSG_Initiation_Final.pdf?utm_campaign=SP%20Angel%20Spec%20Sits%20Research%3A%20WSG.LN%2016.07.2020&utm_source=emailCampaign&utm_medium=email&utm_content=
The article comes from the view that it will detect all cases. We all know, like face masks they are a part of a strategy and in it's simplest form, detecting people with a high temperature is a clue that they have a fever and so is worth having in your defence. The cost is very low as well and so what's not to like about having this, like masks in your strategy.
Heard the advert again on Sky news at 4.25pm UK time.
That's a popular time....wonder at the cost of these.
Good to see it will be very interesting to hear of the impact on enquiries at the AGM and hopefully some income numbers in the July webinar.
HB
https://www.wg-plc.com/
So much easier to get to the relevant page you want and all geared to getting enquiries.
I like it and it will be interesting to see the improvements over the coming weeks.
HB
I'll stick my neck out and say there's no need whatsoever for cash this year. We have £1.6 mil cash AND stock which is being sold at a pace...so we are told.
Far from a placing I am hoping this will mean the CLN is repaid soon.
AIMO
HB
From Tema Port FB site
On 3rd June, 2020, a ceremony was held at the Meridian Port Services Terminal 3 facility at Tema Port to mark the completion of the works for the first phase of the Tema Port Expansion Project.
Chief Executive Officer of MPS, Mr. Mohamed Samara in a welcome address thanked all who contributed to the successful completion of the works while ensuring that the highest safety, environmental and social sustainability protocols were observed.
He highlighted the facilities constructed on the paved land and what it represents.
In effect, the first phase has instantly increased the container handling capacity of Tema Port from 1 Million to 2.5 Million TEUS. In addition, over the last 10 months of operations, we have had the opportunities to stress-test and stabilise our fully integrated systems and processes. The seamless synchronization of the systems and processes coupled with the state-of art infrastructure can only guarantee our success in delivering the highest service levels to the Maritime Industry.
“MPS will continue to improve the socio-economic fortunes of our communities and nation at large, create a safe and secure environment for the port community as we engage in investments that will grow our external connectivity to newer markets in the global transport sphere.” The CEO said in affirmation of MPS commitment to the development of Ghana.
Please read more here: http://mps-gh.com/…/last-pavement-blocks-laid-to-mark-comp…/
So if we've been averaging 2 flights a day then 14 flights a week is still a reasonable portion of 48 flights at record numbers.
That's far from being no income and a good launch pad for additional flights to get back to the record numbers.
AIMO
So I have found a site that estimated the flights. It says :
12 flights from Freetown Lungi every week which is 26% of all weekly departures...I I make that 48 flights a week is the pre covid number of flights
Arrivals are presumably the same...unless you want to collect aircraft:)
https://www.wsg-corporate.com/news/category/news/
Hamish seems better at comms.
HB
PF has a lot of potential ammunition for us shareholders for the AGM as you'd think much of it is due before then. These are on my list :
1. Income from tech sales of fever equipment in all the locations and online
2. The vending machine opportunity
3. Update of the Menzies airport opportunity
4. Tema update and other opportunities in Ghana
5. Saudi JV and updates on their Ports that we did security assessments on...they said these would restart in May
6. Reopening of Lungi Airport ... shortly I believe. Also, presumably our contract was renewed as well...surprised that wasn't RNS'd.
7. The Keyguard contract for the large midlands construction site
8. Update on all the corporate fever tech sales to the 4 Super Bowl winning teams and the NBA team
9. Update on the other prospective managed service contracts
So much going on and from the end of a profitable first quarter with stock and cash in bank....and the loan facility as well if we need it.
AIMO but I've never been so hopeful on an AIM share as this at the moment.
The only negative is the warrants at 12.5p which may keep a lit on the SP for a time but even that would be more cash for WSG.
HB
Hi Manx,
I spoke to WSG yesterday with an enquiry for this equipment for a London based company. I asked about the supply of equipment and was swiftly told there is ample supply and that this was not an issue.
Very reassuring if this is going to be a massive revenue stream this year....striking while the iron is hot, making hay while the sun shines :)