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Good RNS in my book; missing detail to make an informed opinion.
Commments:-
1. Initial Term - Would have preferred more than five years, but, on balance, what does one expect as seems a prudent term from MPS's perspective.
2. Contract between Scanport and WSG - Still outstanding, frustratingly, so suspect reason why RNS lacks figures.
3. No timeframe for signing contracts between Scanport and WSG.
4. No contract term disclosed between MPS and Scanport, just a note confirming Westminster as the Technical Partner for the duration of the Contract. Suspect much longer than initial term between Scanport and WSG
5. Growth in traffic - Excellent growth and future potential, but 59% of what!
Questions:-
1. When will the outstanding contract be signed?
2. Why the need to travel to sign the contract? Use DocuSign or similar.
3. How long is the main contract term between MPS and Scanport?
4. On a scale of 1 - 10, how smug does PF feel?
Conclusion:- Hoping for better, but a very good start of a long SP rise.
Result:- Smiling
Have a great day all
" 80% worse case scenario " Don't know why, but I think you could add another 20% of the populace for a worse case scenario.
Because 80% is saturation point' at this level there are so few left to infect and it burns out.