The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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.
Absolutely Alias, what an idiot. He says, “I disagree with attempts to smear” and then immediately smears PF by following it up with “do you regard him as less honest than Fowler”.
So in answer to your question Vander, yes I do.
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.
Thank you Vander, see it wasn't that difficult to answer the question.
Somehow I suspect he had bugger all chance in any case judging by this article about him.
http://www.standardtimespress.org/artman/publish/article_5128.shtml
There is clearly a reason why they have brought in a reputable foreign outfit to run the security at the new port.
You still haven't answered the question as to what the relevance of that article is to WSG.
You noticed that too Slipperz. I didn't want to overburden Vander with my questions ;-)
Don't worry Slipperz, Vander is on top of it, he'll explain it all to us.
Why for wsg's sake Vander?
Brilliant research Vander, but what is the relevance of it?
TPK, I'm inclined to agree with you. I think anyone expecting KSA contracts announced in February will be disappointed. However I do think that it is possible that both a Francophone Airport and the 2018 African Airport could both happen in H1 2020 or early H2. If I had to take a guess I think the order of contract wins will be Ghana, Francophone Airport, 2018 African Airport and then KSA.
What I don't think I've seen commented on is "One of several projects already being pursued in the Kingdom is Saudi ports and in 2019 at the request of the authorities we conducted detailed operational and vulnerability assessments at certain ports" That to me is huge potential. Several opportunities reads to me that there are more than two. And just one of those several opportunities relates to multiple ports. Time will tell, but the long term opportunities in KSA appear to be massive. It is telling that Westminster Arabia is the only project that I am aware of where we have employed someone in country before a deal has been done.
Ozzie
Of 6.7m 2018 revs I have
Tech 2.6
Main 0.4
SL 3.4
Oth 0.3
Expecting Lunghi to be about 4.1m for 2019, so I put that Ghana being at least £1.9m. He does say at a greater level so it could even be a lot higher than that.
Yrabs , I did say, was it last week, that it was clear from the local press that the reorganisation at the African airport was still ongoing.
Keee, magic.......mushrooms? Is that what you're on?
There is a big difference Bigears. Our employee in KSA (and the one in Ghana on the same announcement) had already been appointed. We didn't announce the adverts for either of those jobs either.
Bigears, to be honest I don’t think we will even get that when Tema is finalised. Potential revenue would be the largest number possible, ie the full year’s revenue when the port is finished and at full capacity. Given the politics over there re tariffs that would be a red rag to a bull if the freight forwarders etc got a hear of that number. I think we will only get number of years.
It’s not just competitors it shows our hand to either if he disclosed revenue per TEU, but also potential customers. Say, just for example, we only charged $5 per TEU at Tema, others ports aren’t going to easily negotiate higher than that when they know we can do it for that price in Tema. I take your point that circumstances are different in each port, but it would put us on a negotiating back foot, having to justify every cent increase over the $5.
Oh dear, I've only just stopped laughing Qualia. So there are too many moving parts for you to form an opinion. Come Friday, how are you going to make that momentous decision whether to sell or hold given that you don't know what your expectations are or what will significantly beat them? What are you going to do? toss a coin?
I'd put you on filter, but the comedy value of your posts are just too good to miss Qualia.
Looking forward to it already. What will it need to spike to?
So why don't you sell then?
Is that your expectation of what they will be or what they will need to be to beat your expectation by a sufficient enough margin to keep holding?
No very relevant if someone states that they will use that as a benchmark whether to sell or hold on Friday. What are those expectations and what will they need to beat them by?