Ye Gods I despair. Seriously, you think a CEO should be including addresses of vending machines in an RNS so that posters on a bulletin board that are too thick to work out what a vending machine might look like can go and play vending machine pokemon?
SL. 0.9m (assume doesn’t open 2020) Tema 3.9m (assume 1m TEUs) Keyguard 1.4m [assume no growth) Asia tech. 1.4m Fever YTD. 1.8m Fever Apr & May 4.0m (assume 2 months at rate of 2nd half March) Fever. JUn - Dec. 2.8m (assume average /mth 20% of Apr) ———— Full year. 16.1m
Fever sales maintained whilst cv still about. If cv & therefore Fever drops off SL comes back into play. Assumes no other tech than Fever. Think the above is conservative, plenty of scope at Tema plus Fever tech to increase it further.
Think 2020 will end up quite healthy especially in comparison to many other businesses.
The report was written for release on 30 April so no surprise it doesn’t include April numbers. Auditors still have to review accompanying statements even if they don’t formally opine on them, so given the issues with auditors struggling to complete 2 weeks ago, not surprising really that it wasn’t updated.
Slipperz, I think you need to read the whole article not just the headline. Yes they have implemented 20% volume going to GHPA, but the unions are still not happy that the intention is to continuously reduce that 20% over the next 4 years to nil, they want it for the whole of MPS' contract period. Key quote from the article you posted " the parties continue to negotiate on details including the continuous reduction formula, the 4-year term etc." so until that is resolved, I suspect we will have to wait a little longer.
He never said it would be completed in 30 days. The original RNS stated re the LOI "The document confirms exclusivity whilst final rates and the formal agreement are finalised, indicating this should be concluded within 30 days". At the AGM on the same day he made it very clear that whilst we had asked for it to be completed within 30 days, he said he didn't know whether it would be completed in that timespan, I think his words were something like "will it be 10, 20, 30, 55 days, I don't know its Africa." That comment was reported on here after the AGM, so to suggest that a cast iron guarantee of it being completed within 30 days is somewhat misleading.
Read the local press Yrabs, then you'll understand why he has talked about Africa again, it's clear the final pieces of the reorganisation are being put in place. I'm not expecting anything imminently, but I'm hopeful that we might see some movement in H2 this year. Whether it happens this year or not, it is clear that the reorganisation is still ongoing and until that is finished we will have to wait patiently.
Vander thank you for pointing out the breadth of experience and expertise that our Chairman brings to his role at WSG. On the.basis of available evidence he certainly appears to be doing an excellent job for us. Once again, thanks Vander.
RE: Fever Detection Equipment to USA05 Feb 2020 22:48
My God this board certainly attracts more than its fair share of deranged nutters. Noodle, take a look back at the announcements of the material tech contracts in the middle east and SE Asia. How much did they move the SP dial? Tell you what, I'll even help you. SE Asia $3.2m - 0.75p ; Middle East $4.5m - 3.00p (a week later that had pulled back to a merely 0.5p rise). As Aiming said, you're talking utter b0ll0cks if you think a few £k worth of scanners sales is going to materially impact the SP. There is also the other small technical issue as Ozzie pointed out, that they are simply not permitted to RNS non-material contract awards. Then again I suppose you'd be the first to complain about them trying to create a false market by ramping the SP if they did.
As Jimzi says Vander, clearly they don't. Even your article says that if you actually read it.
Far from being responsible for the software it is developed by a Korean company "It is not a rejected IT software system from Nigeria but a world-class, one developed by CUPIA of South Korea. Figures cannot be changed because it is fool-proof.”
"Under the UNIPASS project, he indicated, that the GRA was due to be in full control of the Single Window System by having access to the operating code of the system"
So the reality appears to be exactly the opposite of your assertion. The software has been developed by an overseas company and the GRA have the source code to stop any abuse of it. It is very clear that they don't trust him, that's why they are using an overseas company for software development and as Jimzi points out, why they have used an overseas company (ie us) instead of him for T3.