Member Info for Only1Gibbo

Those of you with a good memory will recall I thought that Kenya was a strong candidate for our African airport MSC.
Wherever it is/was we know that it is/was awaiting of an internal reorganisation.

Noticed this recent article
https://citizentv.co.ke/business/kaa-begins-search-new-md-appoints-interim-chief-284383/

Plus, it seems that they have been having difficulties with previous suppliers
https://www.standardmedia.co.ke/article/2001341417/dci-trains-guns-on-sh300m-jkia-screening-machines-tender
https://www.standardmedia.co.ke/article/2001341511/why-dci-kinoti-is-probing-sh600m-airports-tender

Also the merger with KQ has finally been called off as well
https://www.nation.co.ke/oped/editorial/KQ-wise-to-drop-bid-for-airport-takeover/440804-5266904-4sketk/index.html

If and a big if it is Kenya then all of the above should hopefully be good news for us.

Mike GP - 16 Sep - "... who's the little tinker who has invested 9p to buy one share and start the rumour mill? Foxxy is that you being mischievous?"
Aiming - 17 Sept - "there was a 1 code yesterday, the shares have tanked this morning on no news.....it's really here! we're going to be rich, rich i tell you!"

"but a lot has come from options" Has it? Even if that is the case, shares from the conversion of options still need to be paid for, they aren't free. How many options has he converted into shares Aiming and at what exercise prices were they?

I call it Gold Ingot Syndrome. If you were to give them a gold ingot they’d only complain that it was too heavy.

I doubt it, I know Denning was old but that was 1893 Court of Appeal.

You mean Carlil v Carbolic Small Ball Co. Jimzi, the precedent for the existence of a unilateral contract.

AIMIng a payment on account is a cash payment. If they were just accruing revenue they would state they are accruing revenue.

“If we were being paid, he’d say so. No reason not to, He hasn’t. We’re not.”

We are :-)

Morning muppets, so who was saying
“We’re not being paid”, “we’re doing it all for free”, “we’re a charity” “if we we’re getting paid he’d have been shouting about it”?

Big, I can’t see MPS announcing fully operational if one of their main contractors is on probation.

Also, I can’t see WSG agreeing to go on unpaid probation for months on end, if at all, when it seems that MPS asked us to do the gig just 2 weeks prior to opening the new £1.5bn facility. If that isn’t a strong negotiating position I don’t know what is.

Just to split hairs with you Mike. The terms of a contract can be finalised between the parties without signatures being put at the bottom of a page.

I’m guessing that the drone strike at the Abqaiq refinery and Khurais field might help focus DT’s mind on lifting sanctions on Iran selling its oil.

Very good points H&N. I think a lot forget that we had to emergency deploy to Ghana (those were Mark Hughes’ words if I recall correctly) to get the project up and running, no time to sort the admin of setting up companies, efficient tax structures and banking facilities to ensure that we can repatriate the cash flows efficiently beforehand. All that takes time, getting advice, putting actions into place. Until the right structures are in place I guess they can’t sign contracts anyway. Didn’t the last RNS refer to contracts ie plural?

Absolutely AIMing it would be in a separate group if it happens - set up new co - give WSG shareholders shares in new co and transfer German Co and contract into new Co. It’ll require shareholder circulars, so there is a cost, so I don’t expect that to happen until the Iran deal gets a green light.

You’ve obviously got a complex lol, it was c**p in relation to the subject, not c**t in relation to the poster.

Oh FFS, not this c*** yet again. Fowler was not paid £310k last year. As you clearly note yourself his salary was £157k. The majority of the difference is the fair value, at the time of issue, of the share options awarded during the year. That is a non cash accounting adjustment required by IFRS2.

Presumably not fully operational yet as there are two container ships berthed in the old port, the Constantia and Athena.

There is probably a clue in the ship’s name Zhen Hua 24

Zhenhua, is a Chinese multinational engineering company and one of the world's largest manufacturers of cranes and large steel structures.

360k of sells versus 23k of buys and up 0.05p. Looks like there are two due to be cancelled.

Question is, is it a real trade or yet another one that will be cancelled in a week or so’s time?