Member Info for MikeGP

"Meanwhile the International Air Transport Association (Iata), which represents airlines, has set out a detailed "biosecurity roadmap", which it is presenting as a blueprint to governments for reopening the industry.
Much of what it has to say focuses not on the flight itself, but on the time spent in the airport - where large numbers of people could normally be expected to come into contact with one another. It wants that time to be minimised as much as possible.

As a result, it is calling for:
restricted access to terminal buildings
temperature testing to be carried out at entry points
passengers to provide health and contact information before arrival
passengers to check in remotely and print out boarding cards and luggage tags at home
the use of automated processes such as bag drops at the airport itself.
The actual flight is considered to be relatively low risk - and according to Iata vice president Nick Careem, "physical distancing on board is not necessary".
The emphasis, he says, should be on enhanced and frequent deep cleaning of the cabin, as well as measures to avoid passengers congregating in specific areas. That could include banning queues for the washrooms.
The key message, Mr Careem says is that "there is no silver bullet, no single measure that can prevent infection".
Dr Tang, meanwhile, says he would fly with precautions. "If I get on a plane, I'll be wearing a mask. It's not 100% but at least I'll have some protection."

https://www.bbc.co.uk/news/business-52822913

https://www.iata.org/contentassets/5c8786230ff34e2da406c72a52030e95/safely-restart-aviation-joint-aci-iata-approach.pdf

https://www.easa.europa.eu/sites/default/files/dfu/EASA-ECDC_COVID-19_Operational%20guidelines%20for%20management%20of%20passengers_final.pdf

... about 90 airlines operating out of the airport, via 4 Terminals. Circa 26M pax

https://www.airport-stockholm.com/arn-arlanda-airlines

"Using the Westminster fever screening solution, Menzies Aviation will continue to conduct operational trials with Air France and other clients' flights' over the coming weeks in order to fine tune an effective delivery to this added layer of safety and security. Feedback from the first live trial was extremely positive with all passengers screened as they presented their boarding passes at the departure gate."

https://www.londonstockexchange.com/news-article/WSG/fever-screening-trials-at-stockholm-airport/14562960
----

This, to me, suggests that it has in effect passed stage 1 of the process,.. they clearly state the live trial was,.. in their words... "extremely positive". It now just looks like they are tweaking it a bit to be in a position to roll it out to the other airlines. They all state that it was used at the departure gates,.... and how many of those will there be at each airport? Answer: Lots!

https://www.airport-stockholm.com

h&n,

I think that airport has 4 or 5 Terminals.-- so if it gets the green light it's likely to require several monitoring stations?

Totally agree about the news flow; big improvement over the last few weeks, almost as if they have someone new on board! ...and I don't care if it is on an RNS, an RNS Reach,... or a fag packet. It is good news and we want to know about it!

I don't know if this is accurate,... but I came across this with reference to Freetown Airport and restriction expiration. I've not been able to find another source backing it up. It states restrictions coming to an end June 22.
________

"Sierra Leone
May 27, 2020
Restriction expiration: June 22, 2020

General Restrictions: International commercial passenger flight operations at Freetown International Airport /GFLL are suspended. Additional measures are likely to be taken by the authorities through at least the end of April. Emergency flights will still be allowed to proceed via Freetown International Airport /GFLL the only international airport in the country. Additional measures are likely to be taken by the authorities through at least the end of April"
___
https://www.universalweather.com/blog/coronavirus-covid-19-impact-on-business-aviation-in-the-middle-east-and-africa/

..sorry..meant to add.. boom, boom

They know there is value here,.. even on a red day!! Hysterical.

Absolutely not.

You must be delighted that we are now profit making, with record Q1 sales? Let's hope it continues, and 2020 year is another year of double digit Sales revenue growth and the first profit making year for some time.

Misty ... where did I say they didn't. You are not reading my posts properly.

I agree they made a loss,.. last year..... this year.... Q1 2020 they were in profit with record sales revenues.

Interesting.

You believe them when they say they made a loss,... you think they are lying when they say they made a profit in Q1... despite the clue being there in record Q1 sales revenues.

Hmmmm.... ah well,... back to my hole.

Well,.. happy days, Misty. Looks like things have changed in Q1:

".. I am pleased to report our management accounts show we made a healthy profit of several hundred thousand GBP in the quarter at both pre and post-tax levels as ...

But they are making money now. But don't let that get in the way misty.

RNS Number : 8320M
Westminster Group PLC
14 May 2020

"2020 has started on an equally positive note, building on the success of 2019 with both order intake and revenues ahead of budget. Q1 delivered revenues of over £4.5m, an increase of more than 22% over the same period in 2019 (Q1 2019: £3.7m), and I am pleased to report our management accounts show we made a healthy profit of several hundred thousand GBP in the quarter at both pre and post-tax levels as we begin to benefit from new contracts and the investment we have been making in our business over the years"

Apologies Yrabs,... think you were looking at Riverfort and YA combined?

Even so... probably a little higher...than actual, as per RNS,... and the RNS's back up the circa 1M/month... each shares.

yrabs...

i'd check the RNS's if I were you as the figures you put up are wrong.

Riverfort position;

1st April 6M shares---3.8%
11 May 4.5M shares-2.82%

So 1.5M shares in 6 weeks NOT 4.5M shares.

why not ask him?

any chance you could post up your fair value calcs?

As the directors bought shares it means there's no inside information so we could be waiting a while for positive news.
___

Panda, with respect,.. I don't agree with that at all,.. and, IMHO,..I expect an update of covid related sales next week or by the end of the month, possibly the 'vending' machine opportunity which is no doubt one of their priorities.

We could wake on Monday morning to the news that WSG have booked £3M in covid related sales in the last 6 weeks?-- which would be 30% of all group turnover last year.-- but,.. because they have said in the last RNS,.. and the one before,... sales have been continued etc., in the same vein with no slowdown ,.. there wouldn't be any conflict of interest, or issues for the Directors.

Likewise they have said, via RNS,.. that they hope to sign another MOU etc.,-- so the market has been informed....

Interesting,.. they seem to contradict themselves in note 30 then in respect of euro-ops.

I'll post of my 'proper' thoughts later when all the chatter slows,.. off out to buy some fish---

No--- I REALLY am. Thai fish cakes to cook for supper tomorrow!

Best.

Big ears,

1 just quickly, Euro ops and keyboard gets various mentions. There is no mention of revenue attributed to Keyguard apart form a not saying that they have not performed as expected, as in underperformed.
2 Euro-ops mentioned in Note 31- £139K,... but it doesn't look as the revenues have been booked in this years' accounts.. because the final acquisition date was after the first day of the financial year.- else Sales revenue would have been £11,098M.
3 Training is £234K and is on top of the £5, 589K managed services.

SL closer to £3.6M based upon the 120K pax and exchange rates.

So a little more info in that update.

For the first time we now know that we scanned 309,000 units in 2019- I presume that is the 20ft TEU/laden, they didn't make any differentiation. Starting in July, so 6months,.. with a 'soft' start up.- that equates to 51,500/month on average.- which would have been 618K over the year.

We know that we have started 2020, with an average increase in volume of 56%- so we are looking at circa 964K in 2020, without any further growth. so circa a 1M TEU's. However, we have confirmation that berth 3 is now fully operational, with total number of scanners on site increased from 4 to 6. Providing the commercial volume is there it looks as we will exceed the 1MTEU's... IMHO,... this confirms my previous thoughts that we will be close to 1.25M TEU's for 2020.

Now all we need to do is figure how much we get per scan. Off to make a coffee,. scratch my head and look at the numbers.