Member Info for Only1Gibbo

https://twitter.com/tasnimnews_en/status/1031491356642824192?s=21

PM me on twitter - you'll easily find me in your list of followers

She makes a lovely cuppa Mike ;-)

Ozzie - it is aviation security related and it is the same contract

Game on !!!!

https://twitter.com/wg_plc/status/1029362464931151872?s=21

https://www.zerohedge.com/news/2018-08-12/real-reason-why-trump-cancelled-iran-deal

Here's another deluded one Mike https://twitter.com/andyjgiblin/status/1028433381485412352?s=21

Ditto Slipperz, but my glass is definitely half full, in fact it's looking like the barman has just topped it up again :-) Cheers!

Wulbert thanks for taking the time to reply.

Unfortunately every now and again then we get a "new" poster, (usually with less than 10 posts to his ID) who posts very negatively whilst maintaining that he holds, your post came across like one of them. Hence my questioning of your thought processes.

No issues with you taking a risk or even not doing any due diligence, my first WSG purchase didn't have any either. I also understand your examples re communications. In relation to the ME contract, to be honest I don't think there was anything more the BoD could have done . They had agreed the deal all bar a few minor terms in December, but then were in the hands of the client, waiting for them to agree final terms and sign off on the deal. I suspect it was as frustrating for them as it was for all of us to see it drag on.

FWIW I think you will eventually be well rewarded on this. Will that be in a couple of weeks or a couple of months? I don't know, but the last RNS was very encouraging so I'm hoping that it will be sooner rather than later.

If you really think that PF with his 5m+ shares plus others held by his family were dragging their feet there is very little hope for you.

Slipperz you are assuming that timing is totally within WSGs control and that the client didn't cause any delays. I could point out that on every one of those comms the company explicitly stated that there was no guarantee as to outcome or timing. It seems you have decided to ignore that part of the statement. We do know why the exchange hasn't happened yet - it was there crystal clear in the recent RNS if you actually read it. As was the answer to your questions re supply chain etc. It is all there as to where they are. We'll hear about completion as soon as it complete I suspect and not before. Would you rather the BoD commit the company and your investment to a contract they may not be able to fulfil? Or would you rather they ensure that the finance and supply chain are not going to withdraw? and replace any suppliers that are not willing to commit with those that are prepared to? I know which option I prefer. Don't forget they will have had to perform the same due diligence in any new supply chain partners as they would have originally- i.e. Trace all of their inputs back through their supply chain to source to make sure that none of the components are sourced from the US. That takes time even when they have managed to find new suppliers and negotiate terms. Just because security is not sanctioned does not mean that suppliers and financiers will be willing to take the risk of the US imposing sanctions if their business has US exposure. I also suspect it wasn't a coincidence that it was signed the day before Chump pulled out of the JPOCA. But ask yourself who you think pulled a finger out to get it signed then - us or the client?

What I don't get Wulbert is that you say you first bought in Dec 17 and that so far, you're not really impressed with the quality of communication from the BoD, and that there is an element of smoke and mirrors about this company that makes you feel slightly queasy. But for another 6 months until June 18 (just a mere few weeks ago) you continued to increase your holding despite "the ever increasing red dot on your dashboard that regularly reminded you of your foolhardiness" if you don't mind me saying so that seems a strange thing to do if you were so unimpressed and ever so slightly queasy whilst being regularly reminded of your foolhardiness.

So out of curiosity, can I ask in what way you feel the communication has been unimpressive during that time? and what you feel that they could have communicated better to impress you? Also given that you were clearly happy to buy without any due diligence (your words) why communication and information have suddenly taken on such a level of importance for you?

Don't keep me in suspense Adj, what have ya gadda thunk?

Slipperz - Yes fake news- but try looking at Das Bild it was reported there according to the Tehran Times - it was reported in the Tehran times last Friday. The actual story is that the Bundesbank has revised its regulations which would enable it to stop transfers that violate the US sanctions. That does not say or mean that the Bundesbank will actually stop the transfer. The article concludes with "“Merkel’s government—widely considered one of the most pro-Iran regime friendly European governments—has not commented on whether it will allow the roughly $400 million in cash to be sent to Iran to undercut the U.S. sanctions campaign,” said Benjamin Weinthal, a research fellow at the DC-based Foundation for Defense of Democracies (FDD)." So it's an article by a US analyst which correctly states that nothing has actually been said by the German government, but is framed to make it look favourable to the US even though it isn't.
http://www.tehrantimes.com/news/426103/Germany-stops-cash-transfer-to-Iran-amid-EU-package-to-counter

http://www.dailymail.co.uk/wires/afp/article-6030475/Iran-diplomat-granted-entry-Saudi-state-media.html

They did issue a licence

This to me is the really interesting story this weekend

http://www.israelnationalnews.com/News/News.aspx/250002

Hamas most wanted in Gaza for talks and Netanyahu cancelling an oversea trip. You have to think the Iranians are tied up in all of this for Hamas to talk peace terms. Who knows, sanctions could possibly be very short lived if this comes off.

http://www.irna.ir/en/News/82992341

I think the take away is that they are already around the negotiating table, they just aren't doing it in public. There is no way that Hamas have suddenly made that offer unless the Iranians have instructed them to do so imo.