Member Info for Vander

A good maths term from fowler- ‘we are at an inflexion point’ where tema revenue growth expansion outpaces fixed set up costs

He forgot to mention in a negative, rather than positive, direction

Zy Cov D vaccine in India
pvax1 vector and intradermal needle free delivery. 67% efficacy
Three injections. Stored at 2-8 degrees but stable for 3 months at 25 degrees.

https://www.google.co.uk/amp/s/www.bbc.com/news/world-asia-india-57774294.amp

160 dna vaccines being tested in humans- some for cancer

At the next extended fowler family bbq, can someone ask why Balders has changed his principled view of not investing in Wsg.

Fowler explained previously that he was against the principle of holding shares which he cannot (easily) sell

Moiety and timelines are clearer and so more plausible

The most advanced work is on c19 plasmid delivery by evotec with results due Dec 21.
MSNs have been used in UQ to deliver proteins successfully eg hep b vaccine- the money is in nuclei acids. Oral use and mRNA are less progressed, as is whole gene delivery

My view is that DHC is amongst us-look for someone who is intense, with grandiose flawed reasoning who posts frequently

I agree that fowler has done a good job in remunerating himself and his family at the expense of SHs- he tricks us every time

He could achieve a 20yr contract in DRC but it could be loss making- he will still achieve his primary goals

No desperation Gibbo- relax
What’s your informed view of DRC?
Do you see any risks to parliamentary ratification?
Beyond that there are details on the contract, logistics on managing the 5 airports, short and long term, and wider considerations on risks on doing business in DRC- one of the most unstable and poorest countries in Africa- but also with potential If you are willing to put your company on the line

Thanks for your expert analysis/ thoughts- if you have any

WSG is now heavily dependent on DRC
New government announced April 2021
Wsg is a small piece in the security puzzle
The airports are dilapidated- what did fowler say about investment in infrastructure

https://www.google.co.uk/amp/s/amp.dw.com/en/dr-congo-announces-formation-of-new-government/a-57174174

This is about inheritance tax planning- Balders is 71yrs old- and he owes a small favour to fowler

Closure of contract, but also whether revenues are converted in to profit. Fowler is cagey on the latter

DRC are desperate for airport upgrades- why choose WSG/ euro-ops. I presume it because they are cheap

Interesting to see that NAS have taken on ground handling services in Nov 20. Also a group of MPs are complaining re delays promising in airport upgrades
It bodes well for successful parliamentary ratification
The main risk is that Wsg/euro ops will bungle implementation over the medium/long term- it’s a shame that they have been forced to take on the smaller airports such as goma- the costs and timescale of infrastructure upgrades will need clarification

Has anyone met Vincent toscani? Is he impressive?
He is the main mover behind DRC and BF
The subsidiary could outgrow the parent

Next MSC?

WSG may secure the DRC as larger companies have avoided the place- they will be bolstered by experience from SL, although this is a single smaller Anglophone airport which lacks the security threats, levels of corruption and logistical difficulties of DRC. Their remit will be much larger than Tema- which had a ready made workforce, and equipment
If things go wrong in DRC fowler will rely SH funding- not mezzanine loans

Relax- I have nothing against traders- especially honest ones

Gibbo- you did not answer my question- was fowler aware of the Trump’s intention to withdraw the USA from the JCPOA at the time of his infamous RNS in Dec 2017?

Apologies gibbo- the infamous fowler RNS detailing the agreement of the Middle East contract with attendant financial details was 21/12/17- trump pulled out of the jcpoa in may 18- I am really sorry for this

Are you saying that fowler was unaware in DRC 16 of president trump’s repeated announcements of his intention to withdraw the USA from the JCPOA.
Fowler’s infamous RNS was 21/12/16- look it up

Fowler’s Oman/Iran scam was over hyped from the get go. Wsg were in the frame because of Trump- a small operator who could achieve a dollar work around. Trump signposted Iran sanctions 6 months prior to his inauguration in nov 16. Fowler announced the ‘ME contract’ in Dec 16 with attendant excruciating financial detail but no detail on attendant risks which in retrospect was criminal -he hyped this until it fell apart in may 17, with a judicious share placing.

It is part of a repeated pattern of unscrupulous promises/MOUs/ unilaterally signed contracts which were poorly thought through and oafishly planned prior to rns announcement. DRC may be different but the market judges not with the current management team

Fowler has also presided over a savage SP destruction 90p to 4p,repeated SP dilution, nil profit, with repeated dishonest RNS which border on criminality.