Member Info for Only1Gibbo

Suspect it is CC killing it, not PIs Tosh. Once they are out (which must surely be imminent) it’ll start to reverse back up the page.

The best post on here for a long time AIMing :-)

AIMing I think that would at best only put Martyn in third place of holders on this BB. Lots of sticky shares here at WSG.

Hi Mos - just stick @aol.com at the end of my username if you want to get in contact.

Gay, It would also signal that the client is very happy with us if they are chucking extra work at us already. That is a big positive imo

Gay, an increase in scope of works would also help to explain why the contract didn’t get agreed in the expected 30 days. Maybe commercial issues around those expanded services are what MH went out there to discuss?

Oh dear, the muppets are out today. Please satisfy my curiosity, why do you think that PF & Co would want to help Cannacord exit?

https://twitter.com/wg_plc/status/1151128898693783554?s=21

Thanks Smithers, that is the link needed. That strongly suggests that it probably was a Saudi base, and with the JV following it, not before, I see that as a very significant and positive sign for WSG.

Mike, I don’t think it is luck. I recall at last year’s AGM someone asked how many MOUs we had, PF instantly responded, “more than you’ll know!” Clearly now he wasn’t exaggerating. I think it is the review beginning to show fruition.

Someone posted on here quite a while back, can’t recall who, that they had a contact at G4S who had commented that WSG were making in roads into a lot of markets.

All suggests to me that these deals take a lot of time and we are now hopefully going to be well rewarded for our patience and the team’s hard work.

H&N, that’s strange, I’ve been wondering the same about that ME tech contract.

From the AGM statement

“Having earlier this year delivered the remainder of the USD $4.5m vehicle screening contract in the Middle East”. So we know what is was for.

Then from the Final Results RNS

“In 2018 we supplied numerous clients in around 53 countries across the world, including the UK, Middle East, South, East and West Africa, Eastern Europe, Asia and Latin America. By way of example, we secured contracts for vehicle screening for an Air Force base in the Middle East, ........”.

I’d bet my bottom dollar they are one and the same. The question is, in which ME country is the Air Force base?

With a large Air Force and 7 bases, KSA would be as good a shout as any other, probably better than most. If the vehicle screening contract ever turned out to be KSA, then that would be very very significant for WSG imo.

Such a scanner would only logically be at the entrance. So if it were KSA, then that would mean we have had a contract to help secure a military air base in time of conflict, and therefore presumably a very high risk target. That must surely bode well for obtaining contracts to secure civil airports. Particularly if shortly after delivery of said contract we have then entered into a JV arrangement, as that would suggest the client was very happy with our delivery. In fact, the ME tech contract could have effectively been our interview for KSA if that were the case.

Knowing our luck it’ll be an Air Force base elsewhere, but if it is in KSA, wow!!!!!!

Indeed!!!

No it isn’t Ghana Mike, the non countersigned contract is definitely East Africa. Not sure exactly where though, Nairobi is my best guess.

Mike, it certainly would. What would be even better would be for RNSs for Ghana and another MSC to land within minutes of each other. That way PF could give us some useful combined numbers without disclosing specific commercially sensitive details of either deal. But I'd be more than happy to settle for just one of them for now :-)

Ian I don't think folk should get too hung up on the 30 - 40 days. PF's actual comment was that the 30 days is specific in the LOI, in that the contract and everything has to be tied up by then. But he then went on to say, but as it is Africa, is it going to take 30 days, or 35 days , or 40 days or 10, no idea, but we are having to start operations, we're doing it in good faith because we believe it is happening and that we wouldn't be doing it otherwise. However, the LOI specifically asks for it to be done quickly. The LOI itself is 4 pages long and goes into a lot of detail. Later he reaffirmed that the target was to do it within 30 days, but again commented he was realistic, is it 30, is it 40, he didn't know. So I would take the 30 and 40 days as being rounded approximations / targets, not hard drop dead by dates.

Probably some trader oik having to justify his **** up not exercising those warrants by pretending he wanted to sell all along :-)

Was it just me or was anyone else surprised that MH and not PF was going to Ghana to discuss commercial issues this week?

I’ve always thought PF and TB were the main negotiators, so without meaning to be disrespectful to MH in anyway, the fact that MH is going out there makes me wonder whether
1. The issues are minor and don’t need PF’s or TB’s input; or
2. PF and TB are tied up on one or more of the other on the cusp MSCs this week.

Or maybe it is just me overthinking things.

Either way it’s all looking very good.

Great post Feeks

Great pot Feeks

Malcolm I did try to drop you an email as requested following the AGM but it bounced back. Can you send me a mail using my username at aol dot com.