Member Info for TheRiflemans

China retaliated with 34% tariffs. EU and most other countries will follow with the same that Trump imposed on them. Inflation spikes, interest rates rise, businesses struggle, overseas trade drops. Probably worse than Trussonomics. Really

not a good scenario for banks.

Chinese retaliatory tariffs if followed could spark trade wars and spike inflation and initiate at its worst global recessions. Not good for banks so you have a downward adjustment. Where does it stop. Does Trump impose steeper tariffs.

Shorters dream given the collapsing oil price.

Filtronics tie up with SpaceX as one of its main customer base directly exposes it to Us tariffs.That plus an association with anything Musk. Just look how Tesla has fared recently. Shorters dream.

China is just the start of retaliatory tariffs and markets are deep red and it's just the start. Should spike inflation as costs will have to go up and some big banks are talking about global recessions. Trump knows best. Edgy time to be invested in anything.

Shouldn't be too long in coming.

Markets are a sea of deep red.

Jim Price unfortunately there is always somebody comes along and thinks they have found the golden egg. WSG though is in a precarious position and this is the worst I have seen it. They couldn't even report basic numbers in the highlights and there is a lot in todays update that spells jeopardy and red flags. By all means speculate but only what you can afford to lose by half in short order. DRC revenue hasn't materialised, revenue is pitiful and as is the loss. Just read the bare numbers and take out all the hopium and things appear desperate.

Unlike lat years interims.

No.mention of margin

No mention of Admin expenses

No mention of EBITDA numbers

No mention of Operating Loss or profit.

How can these be interim financial results as they are missing all the key financials?

Did I miss it or did WSG just forget to state what the profit or loss was for the 6 months. I thought that was the full aim of interim results.

Or the illiquidity and don't Isa investors have to sell up as they don't let you keep unlisted stocks under an Isa wrapper?Nightmare!!!

Profit down

Margin down

Challenging

Guess what way the share price is heading?

The delisting RSN only got published at 3.45 so not many have seen and digested it.

There is no alternative trading platform so you are stuck in limbo until it resists that's if it resists.

ISA holders will probably sell as it will be moved outside and you can't sell. At least now there is 1 month to cash up and move on.

Possibility of a placing for any acquisition with huge dilution

Only 150,000 market size being quoted.

4 words that you really never want to hear and are normally a get out quick signal. Shaky markets not helping either so dont be surprised if it dips a lot further.

£1 million divided by 4 airports surely isn't enough to do all that needs to be done and supply all the training, staff, technology and infrastructure.

Somebody did well with a £200,000 fee, copious warrants and a seat on the Board. Now nearing a 28% stake.

Costly business all these unforeseens for existing shareholders, especially if the WSG model is equity raising and dilution as opposed to bank finance.

It might just be that people are bailing out of anything with an American connection. Us Markets seem to be going into meltdown with some big drops on their key indices. It's a bloodbath at the moment over there.

Sadly I'm probably one of only a handful that can see that WSG is bit by bit being diluted out of existence for existing shareholders. Each new contract with the customary jam tomorrow needs funding to support the WSG model. If it's so good go get bank funding and stop diluting existing holders out of existence.

Shorts win again.

I must confess to having thought it would retrace to 65p. So it hit underneath it this morning for another nice profit.

What is the delay with the US sale?

It's falling because Saudi Arabia and Russia agreed to increase oil production. That as well as falling output levels and the CEO is jumping ship. What part of those 3 reasons don't you understand?

Who did the SWOT analysis for the DRC.

Your Smith's of the world don't touch these lesser developed countries for a reason.

Two raises for the DRC and nothing to show for it.

Civil war on the one and another medical epidemic killing people on the other.

Sooner or later WSG are going to have to divulge a huge earnings miss.

Peter sure can pick them.

Https://www.dailymail.co.uk/health/article-14434117/doctors-mystery-illness-congo-people-die-symptoms.html