Member Info for JimPrice

Many CEOs on AIMs are only there to sell stories and pay their salaries. If you buy everything they promise you are likely to suffer considerable heartache. PF is no different. It's all about action and results - this time you're seeing it, previously it was jam. Only 90 days before decent revenues start to come in and the ship starts to move.

Peter has finally delivered. This will be his redemption. Market is tentative for understandable reasons which is primarily the lack of clarity around funding. It is easy to see on the horizon a double figure share price for any well-informed and reflective investor. This can be valued objectively without being passed off as baseless ramping. Only a black swan event can derail us this time IMO. A bit of patience required as the market catches up. Traders might not have that time on their hands evidently but I certainly do.

No, that market has never heard the company having a ratified contract bringing in $10m minimum revenues per year, confirmed, signed and done. This was done in the presence of a UK trade delegation with government officials present - not jam tomorrow, not a cowboy contract. This is real and has NOT happened before.

Pressure to get what away exactly? We just received a transformational RNS. The DRC rollout itself will have connected news flow starting with finance. Expect to see some interviews to follow to increase awareness in the investors space. An extremely advanced MSC is anticipated this year. When that comes through you'll be pleased to know that the RNS will be signed off by the NOMAD just as the DRC one was. Investors will make a lot of money from HEREON, the past is now water under the bridge as far as I am concerned. WSG is a different beast altogether and the next 12-18 months will reflect that.

The difference is now you will have a company which will have $20m revenues by end of the next financial year and producing profit. A small amount of debt to get us kick started won't hurt one bit. Previous debts were taken as we were not cash generative and needed to keep lights on. Things have changed. It is also noteworthy that the $10m DRC figure is the minimum we will receive in year 1. This could go up once we get a clearer picture of the latest passenger data. WSG is not the same company it once was and has taken what seems like an age to get to this point.

WSG is one of the few companies which has not diluted share holders since 2021. Despite derampers slating the company and accusing them for so long they have protected shareholders in what has been a torrid time for investors . So many companies have diluted their shareholders to oblivion or completely gone bust. Now that WSG is on the brink of profitability I don't think they're about to shaft shareholders. PF in yesterday's call explicitly state that debt is the "preferred" means of funding and the initial amount is not big. They are spoilt for choice in terms of funding options and will select what is best, it's a good dilemma to have. UKEF and others will be in picture over the longer term as the project is gradually rolled out. Those conflating our funding with a "lights-on placing" are driven by an agenda, that is plain as day for all to see. Enjoy the price whilst it's low - value will out and those lapping up the cheap shares will do very well. The company is turning a massive corner and the shares are closer to historic lows - so much scope for growth and appreciation.

The ratified contract is a gamechanger for the company. We are expected to tip into profitability next year. Once we are cash generative the company will no longer rely on the market and will be growth focused. The share price will align in time, now is the time to accumulate shares. WSG has been one of the better companies on AIM not having issued any shares over the past 3 years, carefully managing cash in what has been a torrid time on AIM and the markets in general. Following Covid, then the Ukraine war and unstable markets the board has been very sensitive to its shareholders. They're not about to rinse us now despite what people may have you believe. $10m additional revenues IS significant and will only rise. GLA

Peter is expected two further near terms MSCs to land. 2024 will see a double figure share price. This is truly an amazing achievement for the company and transformational in every sense of the work. Well done to Peter and all the long term investors that held their nerve. GLA, onwards and upwards

2.5% of company shares traded at a VWAP of 3.56. almost 30m shares exchanged hands in the past two days. Healthy trading and consolidation readying for the big news hopefully in the coming week.

Excellent day on the markets today. Almost 20m shares traded at at VWAP of 3.45p. Healthy amount changed hands as recent traders jumped off the WSG train. UK trade delegation confirmed in DRC this week with our financeers UKEF present. Once it's all signed and done SP should be well north of 6p IMV. I anticipate another MSC will follow in short order, hopefully a double figure SP heading into H2. The tide is well and truly turning and sentiment is with us once again. The perfect storm for a rerate. GLA and may our patience be well rewarded

3m shares traded within the first hour, going to be a strong volume day today. We could well be past 4p by Friday even not earlier

Thank you for that Vander however this is where we are CURRENTLY at with DRC as per the most recent information we have:

"I am delighted to announce that the long-awaited ratification process is currently being completed, being the final part of the formal procurement procedure for the now 10+ year contract signed in June 2021 for security services to 5 airports in the Democratic Republic of the Congo ('DRC'), Central Africa. Arrangements are now being made for a senior Westminster team to travel to the DRC with a UK Government Trade delegation in April to hopefully finalise matters and to prepare for commencement of the project. We expect to make a further announcement after that visit."

They have dangled enough carrots believing they are imminent hence the delay in a placing. We're into the third year of no cash raise. If they get the Ghana settlement closed out, that will be a massive cash buffer and then the big contracts will give the share price a big enough boost for PF to tap the market at a higher price. IMO this is what the board is thinking. Let's see what Q4 brings.

Business is H2 weighted so one would expect Full year profitable given the HY improvement from 2022. Obviously lots of promise, we hope will come to fruition this quarter:

"Our long-standing DRC project continues to move forward albeit at a frustratingly slow pace, but we have every reason to believe this will be finalised this year. In addition, we are close to finalising one or two other such sizeable Managed Services prospects and whilst timing is notoriously difficult to call when dealing with government organisations, we could deliver on one of these near-term opportunities at any time.

Our settlement negotiations with Scanport regarding early termination of the Ghana Port operation appears to be nearing a conclusion and we are hopeful of receiving a cash payment before the end of the year."

bigears, I think you'll agree with me that this is how 99% of directors operate on the junior markets and PF is no different. It comes part and parcel with investing on AIM. It's easy money for directors so we need to tread with extreme care in order to be successful.

No i agree with you, the whole point of my post is that there is no benefit of mud slinging and name calling. Please re-read, it was sarcasm. The point is that management have a lot to prove here. History has certainly been sketchy as far as the share price is concerned. The biggest unknown remains whether the promised deals will come to fruition. IMV the share price has priced in failure. You now either believe that management will deliver and remain invested or you don't and sell. The third option is to have no faith in the company and share price prospects but remain invested, that is just pure gambling. Let's see how the year unfolds.

Is that the reply you folks are interested in? Both sides are agenda driven. Yrabs has a point from a long term investor perspective and RHT from a traders. Let bygones be bygones. The share price has bottomed it seems and a lot hinges on the promise of delivery. Neither deramping ones own stock or ramping without substance is conducive to anyone's investment. GLA, hopefully better days ahead

You're having a laugh aren't you misty? You can't have a discussion with a teenager these days. They just don't have the intellectual maturity to engage. This chap has been copy pasting the same drivel ad nauseum for months on end. He's not interested in discussion, it's probably the reason why he missed the boat at 1p. Strange world the lot of you live in. I'm not interested in fundamentals here, I short term trade based on my reading of market mechanics. I'm also not here to hold hands of blind investors who haven't got the foggiest how to interpret the markets. You lot stick to your narrative and losing cash. We'll see who is right in time. This will bag, you heard it here first.

"Vesting is subject to the Company's share price being at 5p or above at close of business on any five consecutive trading days after the date of grant, which represents over 250% of the exercise price."

Well management have some work to do to get the share price to 5p at least.

With immediate bad news out of the way, placing fears dispelled, and little/no overhang down here the price is free to move. We only have 6 weeks till the end of the year and plenty of promise. The current market cap is close to historic lows. Whilst there is a possibility that none of the three big contracts transpire it is apparent to me the risk reward is very attractive. We could hear anytime on the new MSC, MENA tech deal, DRC ratification, all worth £ multi millions. Either item of news would rerate us from down here.