Member Info for Only1Gibbo

Part of the negotiations? http://www.israelnationalnews.com/News/News.aspx/250024

Alias, I suspect there is one thing said in public and another in private diplomatic circles. Don't forget they were happy to engage an English security company but did not want that public knowledge either.

A great question Ned

To be honest when I first heard the location was Iran my heart sank as I didn't think that would offer the potential that we were all drooling over when Oman was being touted as the customer. But now I have had time to reflect and understand more about the opportunity, I'm even more excited than I was when I thought it was Oman.

I'm sure there will be some discount in the market for the fact that it is Iran, politically less stable than Oman, and as we have seen at risk from sudden international developments.

However, as Ozzie sates we have a €24m pa contract in the bag already, we just need to clear a few hurdles to enable it to commence. We also know that that is for just ONE airport. Iran hs 60+ airports all requiring upgrdading. Whilst they obviously aren't all of the same size, the two largest are of similar sizes 10.5m and 8.9m PAX respectively. So securing the other one of those in a second stage contract would on the face of it offer the possibility of doubling that €24m. And that still leaves around another 60 airports. The next four total circa 12m PAX. You can do the maths - the potential is huge. Don't forget these numbers are based on an Iran that has been an outcast state for the last 40 years. If it gets its act together then there is also huge potential for organic growth at those airports as more international business gets done in Iran and the tourist industry develops. With Iranian oil and gas flowing again, there will be a lot of cash entering the country and its potential to develop at pace is huge.

WSG is in the prime seat for the other 60 airports, it has demonstrated its commitment to the client by putting in place work arounds to enable the contract to commence without relying on the EU to put protective measures in place.

Then throw into the mix the possibility of at least one other MOU being converted this year, PF did acknowledge that if converted it would be transformational (although not to the same extent as Iran) and so that too could add a significant rise to the current SP. It isn't inconceivable that in 12 months time a SP of £1-£2 might actually look quite cheap for what is on offer here.

In summary Ned, don't give your shares away cheaply when we get the green light. Those that have held throughout the last few months have taken a huge risk, not on the BoD, but on international politics and diplomacy. The reward will be very well deserved by all.

Also interesting that Pompeo has been out in Singapore too

A little more music Alias

https://www.bourseandbazaar.com/articles/2018/8/1/iran-sanctions-hopes-fly-on-atr-aircraft

http://www.tehrantimes.com/news/425653/Austro-Iranian-ascent-to-Mt-Damavand-signals-that-Europe-and

On July 31 some 100 Austrian and Iranian mountaineers together with a group of European ambassadors will jointly ascend the Mount Damavand, sending a strong signal that Europe and Iran will make good on their promises to engage in an ever-increasing number of sectors and areas, Stefan Scholz, Vienna's ambassador to Tehran has said.

Threeput we do know the cash impact of the tech contract. That question was asked and answered at the AGM.

Donald Trump threatens NATO ally Turkey with sanctions over detained US pastor
http://news.sky.com/story/donald-trump-threatens-nato-ally-turkey-with-sanctions-over-detained-us-pastor-11450006

I wonder whose turn it will be next week to get threatened with sanctions by Trump

And then 7 hours later Pompeo tweets "For 40 years the Iranian people have heard from their own government that America is the Great Satan. We do not believe they are interested in hearing that #FakeNews any longer." !!!!

Mike contact me offline Ony1Gibbo at aol dot com

Earthling, I doubt it is as easy as waving a magic wand, I suspect any new suppliers will need due diligence over their supply chain to make sure that they do not in turn have US suppliers. That's why the supply chain is so complex. I also imagine that some are waiting to see what concrete proposals the EU come up with before they commit one way or the other.

Even if they had managed to resolve the supply chain, all parties will need to ensure that the JCPOA will survive. If it doesn't and the Iranians carry ou their threat to restart their weapons programme, sanctions will not just be US sanctions and contract will be frustrated even if the Iranians are happy to proceed.

Appeasement didn't work in 1936, it won't work now. This is far more than the EU leaders going through the motions, it's about who governs Europe and sets our foreign policy, us or Trump and his cronies. Fail to maintain the JCPOA and the US will know how to get its own way, with every European state falling in behind, on every single foreign policy issue.

Hiya Ned, I'm still here and was at the AGM yesterday. Hope you're well.

https://twitter.com/andyjgiblin/status/1004338398134525952

AIMing - contact your broker they will give you letter stating how many shares you hold with them - see you there if you're going.

""Its" women...."its"......." Presumably you mean "its" woman...."its"....... there is only one of her so it is singular not plural. If you're going to throw stones at the use of English by others maybe you should get your own house in order first :-)

KPI section is interesting- training contracts won - 16 (61.5%); 2016 2 (100%) - a significant shift in opportunities being targeted and won.These are seen as the foot in the door jobs. Bodes very well for the future.

Don't forget, when Trump said he was going to impose steel tariffs the EU hit back with the threat of very targeted retaliation. https://www.nytimes.com/2018/03/02/business/europe-steel-tariffs-trump.html Jean-Claude Juncker, president of the European Commission, made the remarks to the German news media in reaction to the proposed tariffs. He said the plans to tax the American goods, produced in the home states of key Republican leaders, had not yet been finalized, but amounted to treating them �the same way� that European products would be handled if the metals tariffs go through. The result https://www.telegraph.co.uk/news/2018/05/01/donald-trump-delays-steel-tariff-decision-eu-allies-june/ British manufacturers have won a temporary reprieve on 25 percent tariffs being added to steel exported to the United States after the White House announced on Monday night that it was postponing a decision to impose duties on key trading partners for 30 days, avoiding a trade war with Europe Mr Trump imposed the hike, along with a 10 percent tariff on aluminum, in March but granted temporary exemptions to Canada, Mexico, Brazil, the European Union, Australia and Argentina. Those temporary exemptions were due to expire at midnight on Monday, prompting last-minute negotiations. Hours before the deadline, the White House said it had reached an �agreement in principle� with Argentina, Australia and Brazil, and was extending negotiations with Canada, Mexico and the EU. I don't think Trump will want to end up in a trade war with Europe and the rest of the world over this, which is what will happen if he penalises EU & other companies that deal with Iran. On top of this he also loses US businesses deals with the EU and others such as China ready to step in and take up the slack.

MikeGP "Current sp is IMHO underpinned by recent improvement in Managed service division and the new tech contracts." Absolutely, all of the derampers have been telling us for I don't know how long that the ME deal isn't priced in to the SP because no one believes PF could land such a deal. So on that basis there should be little downside to today's RNS.

Deal is signed but not yet effective, it requires an exchange of board approval letters first, so really there wad nothing to RNS at that point. Imagine if they had RNS'd "contract signed" but then it was never effective because the approval letters weren't exchanged.