Member Info for Novice14

Haha MTPocket - no am not and am not planning to take over Eskers role ;-) Thanks DHC will try my utmost to keep on top of the research and share on Twitter too. I strongly feel with the opportunities at hand this could be a £1+ share soon or in the near future - yes contracts have been slow but Rome was not built in a day ...... Of course short term traders will spew out the usual ‘I will be happy with 20p’ coz that’s what they are here for a 20-30% return that has been reminiscent on AIM recently - refer to UJO and what happened there ..... For the Saudi operating model all we need to do is replicate the G4S model (they operate through Al Majal) and hold a 49% share https://www.g4s.com/en-sa/who-we-are We on the other hand will operate through WSG Arabia with a 50.1% share and a very influential Sheikh. Patience is needed as Saudi are keen to open up but things take time (like the Aramco float). However they have a 2020 privatisation deadline and contracts have already been signed in other areas (the figure are humongous and that’s our opportunity to dive in!) https://www.reuters.com/article/us-saudi-privatisation-idUSKBN1HV2PS Security is hugely important especially in view of the recent threats by ISIS, radicalisation and Yemen therefore they need someone to provide the service and expertise - which they do not have!!! Of course unless PF decides to relocate and run with our investments ;-P “Saudi Arabia Charges Foreigners $213,000 for Permanent Residency https://www.bloomberg.com/news/articles/2019-06-23/saudi-arabia-charges-foreigners-213-000-for-permanent-residency”

All welcome :-) People should stop focusing on Hazar International as this is one of many companies owned by the Sheikh. The ‘Hazar group of companies’ has been around for more than 30 years - suggest people google ‘sogrep saudi’ and check all the links that state ‘major companies of the Arab world’ and see who the Chairman is .........

The Bin Hethlain’s have been around for a while and have significant business clout in the Middle East through ‘al Mal capital’ and one of the leading private equity firms in the Middle East. Examples of their reach: https://books.google.com/books/about/Capitalism_and_Class_in_the_Gulf_Arab_St.html?id=PaxhAQAAQBAJ https://www.almalcapital.com/Home https://www.albawaba.com/news/al-mal-capital-awarded-saudi-brokerage-license-securities-arm-launch-soon-kingdom

The Bin Hethlain’s are well connected in Kuwait too!! “His Highness Sheikh Nawaf received Sultan Bin Salman Bin Hethlain, head of the Ajman tribe” https://news.kuwaittimes.net/website/crown-prince-receives-turkeys-ex-president/ https://www.kuna.net.kw/ArticleDetails.aspx?id=2473406&language=en I say grab all the pies!!!!

In fact Iran Air will be flying them all in this year!! https://financialtribune.com/articles/travel/98552/iran-air-to-operate-all-hajj-flights-to-saudi-arabia

The Israelis have been flexible with companies that do trade with Iran not sure why the Saudis would take objection! https://en.globes.co.il/en/article-israel-employing-chinas-sanction-breakers-with-iran-1001250902 business is business!!! As stated previously Iranians visit Saudi too on Hajj etc. therefore in the interest of all parties to have stringent security processes in place - and a neutral party deliver it!!!

Aliaspc a lot of people have underestimated today’s announcement. Just ask Hobione what happened when a certain Sheikh got involved with MX Oil - the share price got to Pluto!! Sheikh Salman Bin Mohammed Bin Khalid Bin Hethlain is no minion - he belongs to the Ajman tribe with members spread across Saudi Arabia, Qatar, U.A.E. and the Kuwait. The surname is usually spelt as “al hithalayn” or “Hathleen” (as shown below). The current Saudi Crown Prince’s mother comes from the same tribe (note the confusing surname spellings) Princess Fahda bint Falah bin Sultan bin Hathleen (https://dunyanews.tv/en/World/393938-Profile-Saudi-Arabias-new-crown-prince-) or Fahda bint Falah bin Sultan Al Hithalayn (https://gw.geneanet.org/frebault?lang=en&n=al+hithalayn&oc=0&p=fahda+bint+falah+bin+sultan) and the family has significant influence within Saudi Arabia https://www.intelligenceonline.com/government-intelligence/2015/03/25/who-are-king-salman-s-new-treasurers,108067019-eve MBS has been known to advance the cause of the Salman clan, and imposing his own people. He has surrounded himself with people who have already been close to the clan for a long time, and has also made families which support the clan the kingdom's key business partners. https://www.intelligenceonline.com/insiders/saudi-arabia/2015/10/28/mohammed-bin-salman-the-team-behind-saudi-arabia-s-new-strong-man/108108791-be1 Business in Saudi is a different ball game and with the right connections the sky is the limit!!!!! WSG has hit the jackpot if only people knew!!!!!!

Saudi investment chiefs have revealed ambitious plans to transform the Kingdom into a top-class hub for world transport. Air traffic in the Kingdom grew by 8 percent last year with 99.86 million passengers travelling on 771,828 flights. Al-Omar said: “Our vision is to put Saudi Arabia, the GCC’s largest country by economy and population, at the heart of this important industry, and maximize the potential of our strategic position to develop Saudi Arabia as a hub for world-class services and connections between air, land, and sea. “In the past three years, we have made huge steps forward implementing 45 percent of around 500 economic reforms. This has resulted in the Kingdom being ranked 4th by the World Bank for the number of reforms achieved within the G20.” And the anticipated aviation boom is expected to create thousands of new jobs in air-related careers. http://www.arabnews.com/node/1476796/saudi-arabia

Could be a lot of money incoming ....... The Saudi privatisation programme consists of municipalities, seaports, aviation, healthcare, transport and education https://www.oliverwyman.com/content/dam/oliver-wyman/v2/publications/2018/may/creating-a-sustainable-privatization-program.pdf Saudi Arabia has completed some six public-private partnership deals worth around $3.5 billion, and plans at least 23 more by 2022 https://www.reuters.com/article/us-saudi-privatisation-idUSKBN1QT28R The opportunity could allow WSG opportunities in other GCC countries too https://www.oliverwyman.com/content/dam/oliver-wyman/ME/publications/Creating-a-Sustainable-Privatisation-Programme-in-the-GCC.pdf This was released in Dec 2018 “Saudi Arabia is set to appoint a new private-sector operator for the King Abdul Aziz International Airport in Jeddah by the second half of next year” we could be due an announcement soon? https://gulfbusiness.com/saudi-appoint-new-private-sector-operator-jeddah-airport-2019/ King Abdulaziz International Airport (KAIA) witnessed a record number of passengers in 2017 reaching 34 million https://www.zawya.com/saudi-arabia/en/story/Saudi_Arabia_to_privatise_Jeddah_airport_by_first_half_of_2019_authority-ZAWYA20181223110833/

Possibly with the first flight out tomorrow https://twitter.com/aviationirancom/status/1142010576572485632 but it is due to Dubai (- KSA ally so still 50:50)! The plan was also to use the terminal for Hajj pilgrims (ofcourse to KSA!) so in the interests of both sides to have operational security checks - and even better the same company doing it so that it is all robust, assured, and streamlined!

“The Parties have also acknowledged and agreed that Westminster has business interests and prospects in many counties around the world and this Agreement will not in any way affect Westminster's business outside of Saudi Arabia.” WSG could have the same pie in KSA and Iran - multimillion pound contracts in the Middle East!!!

Well done LTHs - handsome rewards on the way. The £4million ‘bad debt’ repayment could be used to finance further projects rather than via a placing as being suggested ;-P Funny how we are now in bed with Iran’s foe KSA and all we did was focus on the other half haha

https://www.straitstimes.com/singapore/transport/changi-loses-20-year-contract-to-operate-saudi-airport Someone had raised this as being a hopefully opportunity for WSG last year after changi lost their contract - it has happened!

“The global artificial intelligence in medicines market was valued at $719 million in 2017 and is estimated to reach $18,119 million at a CAGR of 49.6% from 2018 to 2025” https://www.alliedmarketresearch.com/artificial-intelligence-in-medicine-market “the global Kidney Stone market growing further, will register a growth of USD 3,000Million by 2023” https://www.medgadget.com/2018/04/kidney-stone-market-to-worth-usd-3000-million-by-2023-at-4-0-of-a-cagr-forecasts-to-2023-asserts-mrfr.html This is just a start for us!!!

Thanks Aiming - couldn’t agree more - good thing we now have other countries and contracts to focus on. A solution could be a bonus :-)

Took place on Tuesday - kicking off with domestic flights: http://www.tehrantelegram.com/story-z23586843 https://www.presstv.com/Detail/2019/06/19/598894/Iran-aviation-airport-Europe-France-sanctions https://www.passengerterminaltoday.com/news/terminal/president-opens-ikacs-salam-terminal-gallery.html Whilst at the same time “Stimulating discussion on progress between INSTEX and STFI at the Tehran Chamber of Commerce with the Irano-British Chamber, STFI shareholders and International Trade Director Keith Wellings“ https://twitter.com/tradegovukMENA/status/1141264885709516800

Next stop 15p pre confirmation and then 20p+ once confirmation received?

https://www.theguardian.com/world/2019/jun/18/uk-settles-13bn-claim-by-iran-bank-mellat-over-trade-ban-damages-sanctions Oh well the U.K. treasury may hand over some cash to WSG as payment for the airport security contract on behalf of Iran........

Well great the focus has moved from the aviation security chatter to container screening - guess there are many security pies around - depends which ones we wish to munch on. The container screening market is set to increase to USD 706.2 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.0% https://www.marketsandmarkets.com/PressReleases/container-monitoring.asp. which could mean a 30-50million possible revenue market for WSG (excluding everything else!). Can WSG therefore get to £100million turnover per annum? Anything is possible and time will tell .......

https://en.radiofarda.com/a/russian-trade-delegation-of-250-officials-business-people-to-visit-iran/30003349.html Oh well they may as well give the Russians the airport security contract and we can be left sucking our thumbs and sulking at our losses .......