Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Misty,
"Hi Mike. I don't believe I've been rude or sworn at anyone? "
I don't believe I said that you did... and if you re-read my post you will see that I didn't. You made a sraccy comment about some long term holders and I pointed out that there suddenly appears to be a lot of newbie bashers. That is all.
Best
Misty,
"
No Opinion
RE: yrabsmurrucToday 15:07
3 resident rampers have been very quiet of late! all 3 turn up together, how sweet"
Well that's nothing compared to the dozens of de-rampers, and all others on here who tell us they don't hold, yet continuously post? Many of whom are new to the board. Strange that.
It's not a great situation,... but debt free, SL up and running again and Tema building,... this MAY just be the inflexion point.
Another MOU early in the new year, as the company has hinted at,... could see the start of the recovery. Time will tell.
Either way it would be nice if all the doom-mongers would just p*ss off and invest elsewhere, as they are all a tad boring and bring nothing constructive to the party.
How many actually contact the board and make their concerns known,... or are they all just keyboard warriors. I know that I have spoken with PF in the past week.
Best.
PS. Just voted in favour of all resolutions.
Mb...
"..Biden has said he is willing to rejoin the Iran nuclear deal abandoned by Trump and lift some economic sanctions so long as Iran comes back into compliance with the agreement, especially over its excess stocks of enriched uranium. Israel and Saudi Arabia want the US to remain outside the deal and continue with Trumpās policy of maximum economic sanctions."
This is the most significant sentence in that article for us in the long term. Note,... the long term.
Aiming,.... that isn't quite what you said in your earlier post. You said it would 'all be over by Spring'..... and that is what I was questioning.
You are now saying the most vulnerable may be sorted by Spring.... and that it will be end of 2021 before we are all vaccinated. During that process,... I doubt the government will be happy for vaccinated and un-vaccinated people to be wandering around together,... without maintaining some if not all of the current social distancing regulations,... ie screens, .. masks,... etc., -- else what would be the point? Anyway,... good news that the vaccines appear to be effective..... I wonder if we'll all be required to wear a tag/bracelet to show that we have been vaccinated,...? hmmm.. will be a field day for sociology students!
... to see what screening is put in place at Sports venues, if any,.... given the 4000 person max attendance... that is coming. If screening is deemed a requirement,... it will also be interesting to see if it will be a mandatory or voluntary?
Ian...agreed....... they 'access to'.....but they need to be made!--- It's basically saying we have secured first dibs on.... the product has not been made yet.
.....over by spring."
Aiming,.. IMHO,... I very much doubt that. It will probably take them until then to even make enough vaccine to inoculate 70M people,...---- let alone administer 2 doses per person with a 4 week gap between---- and then we don't 'actually 'know how it will affect the spread of the virus,... whether it will mutate,.. etc.,--- I suspect that precautions will be in place in some form of other for all of next year and probably in to 2022.
I hope that I am wrong,... usually am!!!
Best
belfry,
well... at the moment we have two MSC's,...... and over the past few months we have confirmation of expansion at both.
Tema,.. currently working at record levels and fully operational by year end,.. and the new announcement regarding expansion at Freetown,... which has the potential to increase pax volume by 3 or 4 fold,... in the medium term.
It also appears, from recent news flow,... that WSG have/are making serious efforts to increase the training side the business,... which maybe less profitable,... but, once contact has been 'established' with a company,...you would hope will lead to recurring revenues.
All good.
The year end review in Dec/Jan will be even more important this year, as will the forward looking statement.
I have been tracking the number of ships serviced at Tema for the past week or so,...it is well up on the average of last year despite the Covid situation. Bodes well for this years Tema revenue when compared to last.
"Westminster group would like to extend our congratulations to Meridian Port Services (MPS) ā a joint venture between APM Terminals and MERSK - for the successful commissioning of a 6th container screening lane at terminal 3, Tema Port, Ghana."
Draft.... I've been beginning to think along the same lines with the sp being so low for so long, but with good work going on in the background, but we know PF's aspirations on sp value,... and with so many shares in his and other PI's hands,... a hostile bid isn't likely to be successful IMHO.
...nice.
In particular...
"āWhen you look at the growth of volumes, since the start of operations at MPS Terminal 3 there has been steady volume increase. In addition, I would say this is being proactive to have reserve capacity and a good response to the foreseen futureā said Mr. Ferraro."
Gibbo,... completely agree.
Whilst I can't see the Iran deal moving forward anytime soon, I agree with you that is is too big a contract fro WSG to simply let it go. Particularly as they have already invested a substantial amount and time getting it to the Contract signed position.
I heard Biden, in an interview some months ago,.. say that he would like to open negotiations with Iran with a view to reaching a new agreement, with lifting of sanctions following on.
So there is certainly the possibility of the Iran Contract coming back to us at some time in the future. In fact, we only need Biden to walk back the threat of the 'third party' sanctions on other countries who do business with Iran, to open up our opportunity.
In any case, even if things move favourably,..ie positive dialogue between USA/IRAN in H1 of 2021,.. I'd suggest that WSG are looking at a minimum of 12months before we see signs of the contract being resurrected.
Best
Not to mention how a Biden win might impact upon our covid sales in the US,... where we had already made good in roads .... as he will make controlling the virus centre field once he takes office.. and dealing with covid and getting the US back to work in a safe way will be seen, IMHO,.. and a key indicator as to how 'successful' he and his new government are at the start of his term,.... ------- major opportunities for WSG across all sectors.
.. the short-sightedness of some on here.
There is nothing but GOOD news in that RNS on many, many fronts.
1 Further security and safety for the staff and passengers at the airport
2 Further strengthening of the relationship between Westminser and the Authorities/Governemnt in SL as we again provide aid via the Foundation
3 The supply of the Sanitisation tunnel,.. could well prove instrumental in helping the airlines to return and increase their flights in to SL--- which in turns increases our revenue...
4 We can use the installation to show case the system and demonstrate to other airports/airlines how it works in practice
5 We will have been able to use this installation to iron out and resolve any bugs & installations issues, assuming that there were any?
----
... as to the UV screening product for shopping trolleys,....--- with lock-down returning across Europe and Biden looking likely to beat Trump,... which will signal a tougher stance on Covid in the US,... that can only be a positive addition to our already extensive product selection.
Mb,
Not surprisingly we have lots and lots of products that would fit the bill for these sorts of applications,... with the same scanner often capable of detecting explosives as well as narcotics. What is surprising about that story is how difficult it appears to have been for G4 to obtain funding for these sorts of scanners... perhaps HMG thought it should come out of their own fee, for running the security etc.,.
https://www.wi-ltd.com/solution/explosives-and-narcotics-detectors-and-analysers/