Member Info for MikeGP

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) – a joint venture between APM Terminals and MERSK - for the successful commissioning of a 6th container screening lane at terminal 3, Tema Port, Ghana."

Pity that they couldn't spell Maersk correctly!

Painfull.

.. if you are so fed up,.. why don't you sell up and move on?

Serious question.

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.

Excellent news if it comes to fruition.

...nice.

In particular...

"“When 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 future” 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/

"This drops over no news/bad news and good news."

Welcome to our world.

ahhh,... txs win,... I think you are right,.. that sounds more like it.

So the benefits to us are the reduction in the interest payment,.. which on that amount is not significant... and the overall reduction in the outstanding loan.

Unless I am reading that wrong, that is another little chunk sorted, at a 25% premium to current SP, resulting in a bit of cash in our coffers and a reduction in our interest payments. Every little helps. It's not often that we PI's are able to mop up shares at a cheaper price than those involved in CULN's dealings.... over a week before they are admitted for trading,..is something a foot? (..and I don't mean 12 inches!)


Over a week before they are admitted for trading. I wonder if they know something.

Hi MTP.

Trust that you and yours are all keeping well too.

Yes,.. found the site which shows passenger arrival numbers,.. and various sites showing flights out. But no figures for the passengers out. I simply don't believe that 4 or 5 flights a day leave with no passengers!--- more likely that just that they haven't got back to recording the data on that site. Anyway,... time will tell,... at least it is operational again and the revenue stream has been restored,..-

Best

..... we are helping/advising how airports may achieve this status. Interesting that teh accreditation only last for one year and so you would assume a certainly level on ongoing supervision/maintenance one your foot is in the door.
_____

Brussels Airport obtains Airport Health Accreditation
POSTED ON 21ST SEPTEMBER 2020 BY EDDIE SAUNDERS
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Brussels Airport obtains Airport Health Accreditation
Brussels Airport makes every effort to ensure that the airport’s facilities are hygienic and safe to welcome passengers. The combination of the various health safety measures has indeed allowed us to meet the highest standards, which earned Brussels Airport the Airport Health Accreditation from ACI World (Airport Council International). The Health Accreditation Programme was set up to restore confidence in travellers about the safety of airport facilities and the effectiveness of the precautionary measures implemented to prevent any risk to their health.

This accreditation shows that the airport offers a safe airport experience to all passengers, in compliance with the recommendations by ICAO (International Civil Aviation Organization) and with the COVID-19 Aviation Health Safety protocol issued by EASA/ECDC (European Union Aviation Safety Agency/European Centre for Disease Prevention and Control).

In a personal message ACI complimented Brussels Airport for the team efforts: “The physical distancing measures at Brussels Airport, the protection of staff, the cleaning regime, the measures implemented within Food & Beverage as well the communication strategy are all at the top of the industry.”

“This accreditation is a recognition of all the COVID measures that have been implemented at Brussels Airport since June.”, says Arnaud Feist, CEO of Brussels Airport Company. “It is both gratifying and encouraging to see that the efforts made by our staff and partners are recognised internationally.”
The accreditation is valid for the next 12 months.

https://airlinergs.com/brussels-airport-obtains-airport-health-accreditation/

Quick google suggest 4 flights departing today-- will be interesting to check pre- and post covid flights/passenger number for the whole of August.

There was a great site that gave us the daily pax numbers,.. but I can't find it anymore-- does anybody have the link.

Thanks in advance.

Yes, ... for a start we will now have 400 MP's walk through out detectors every day....

Yes.... much more value in the PR than in the £'s.

Couldn't get a more ringing endorsement from HMG.

PF,... Now go out and sign some decent size contracts,... and tell us about double digit growth in PROFIT.... not revenue.