Member Info for yrabsmurruc

The thing is Belfry, this clearing the decks feels rushed. If he had even one MSC close, he surely would have waited and under that umbrella asked for the "start up" funding as well as clearing the decks. Equally having a nice new recurring revenue stream would have enabled him to not use the Wonga Boys to fund his family lifestyle. Clearly when Pete says "advanced stage" he is talking in similar timelines to an ice age. I have never felt more like voting this down as Pete will no longer need to ask permission if the new nominal is sub atomic. B

question, I have never voted before. My shares are now held by ITI. Do I just fill out the proxy form and send it in or do I need to provide evidence I am a shareholder. B

Agghh yes spotted that.......... good luck. B

AUCT?

From that assessment by Bigears, there is no reason why your 3p is not imminent ALB1. Peter will need a new catch phrase next year as Double digit only applies to his dilution achievements from then on............ With his clean slate, one can also presume that he may wish to buy a new ferry [complete with non bendy propo shaft] as I am sure all those prospects must have the need for one, I only hope Peter checks if they have any water to put it on first, but that is probably just detail for a CEO in the top 1000 companies to admire........ I certainly admire his audacity. B

your funny ALB1..........B

Great to hear from you Foxy........... It is very interesting that Pete has managed to exhume so many of the cusps [sorry, I mean MOUs] that he has said he will not talk about unless something meaningful happens to them..........and here they all are, standing straight like dominos for Arden to spout b011ick5 about as though they are all imminent............ This is one of the worst forms of deception I can think of by a CEO to suck another 5M quid from investors to pay for his family to live well for another couple of years. As everyone says, if things were that close, why not limp on with YA/River for a couple of more months?........... It really does confirm that the xmas Pete special was not going to provide the rise he would need to raise above the current nominal. Whats interesting is that someone else had been doing all that selling in November as YA/River had many more shares than we thought, so someone else was pushing the SP down. I really do hope that the AGM fails to get the votes needed to push this through, not that I want to see anyone get hurt, but more so Pete knows he cannot do what the fook he likes. It would have been nice if he had done a podcast to explain why this was necessary and equally apologise for taking on a complex financial instrument in Jan that was unsuitable for this company......... it does prove he is way out of his depth and should go, maybe another item on the AGM?.....B

ALB.

"just one or two of those advanced contracts will transform WSG and the SP."............ And what do you think we have been waiting for since 2015........... Tema was supposed to be one of those transformation MSCs....... been running for 18 months now and we have made fook all from it. So lets see this Africa one that is very close..... wonder how Peter can sell that one to us .... transformational, meaningful, fruitful....... we have had em all mate and guess what, none of them have stopped the mini spike [expectation and to get another placement away under the cover of "upfront costs" that actually never materialises......Am I grumpy, god yes, .... Does Peter need a kick up the backside,, yes... but whos going to do it..... Like TRump he has surrounded himself with family to make sure all his plans go through unchallenged....... not a way to run a business, unless its succesful.... . corner shops make more money that this outfit. I do have shares in this outfit that I still have been unable to sell as they are caught up in the SVS/ITI transfer... enough to allow me to vote NO in a couple of weeks time. B

ALB........ Pete has PI55ed all the money up the wall..he bought a fookin Ferry for fooks sake!....... he sold it for fook all and for monthly payments that have been deferred......... The £5M is to pay back the £2.5M he borrowed, leaving only £2.5M and after his salary and his family, your down to a £1.5M or so........ I dont think this is an investment anymore ALB, do you?..... and those big investors he ios so excited about have already started to sell their shares [you know, the ones that havent been approved yet].... for 5 or 10% ...and Pete said they have seen the books.......... and if they are not hanging about after paying 4p, what chance have we got. Go and buy a lottery ticket mate. B

belfry, yes I do agree that Peter seems to have some walter mitty characteristics to be mindful of. It sometimes strikes me that he seems as amazed as we are when something good happens......... like winning the HoP contract and being a top 1000 lunatic. However, I actually suspect he goes in low ball to win the business that more successful companies wouldn't sniff at and ventures in to territories that those profitable businesses know are just not worth the hassle due to the geo politics etc...... However Peter thinks the lottery ticket approach will eventually pay off [like IRAN nearly did].... however I know a lot of the LTHs were mortified when the ME Airport was announced as they would never have invested if the target was one of the most unstable countries in the world...... Peter is old school where the client list is way more important than the share price. He has held his 6M shares since they were 10% plus of the float, soon they will be no more than 2% and he becomes more of a nobody than his majority shareholding suggests. I think he has many Donald Trump characteristics in that he refuses to change course or listen to his shareholders and is happy to be Mr thick skinned... His response to criticism is to always go back to "his accomplishments"...The nearly Iran contract, his double digit growth and of course his multi channel approach to navigate covid. Quite clearly he is just delusional as there is no reward for shareholders when you nearly win a contract, and the double digit growth is from an exceptionally low base that flatters progress.... The poor win rate for covid sundries clearly shows that they were for whatever reason uncompetitive and have in no way maximised the opportunities that a once in a lifetime pandemic brings.... Add on the failure of the Add campaign on Sky to win new business, the shocking Webcast and the celebrity performance as "Pasty Pete" on the podcast and it all culminates to frame Peter as a sad old man who has spent 8 years screwing shareholders to feed his family and pretend he is important to governments around the world with his mate Sir Humphry...... He has had £50M pounds from us over the years and has not made more than a £100K in profit in all that time....... He will eventually go and be remembered by the lonely PPE Vending Machine rusting in the corner of Bumbly Shopping Centre......... That will certainly how I will remember him.......B

well there are 125M shares to transfer from those precious IIs to mugs will be what Pete probably expects..... at least there is no Aldi this year for the Fowlers xmas turkey............ B

A general knowledge question, Could YA/River just flog all of their remaining shares before the AGM or do they now have to freeze until afterwards.........and if they freeze, do WSG buy their shares backoff them at 4p each..........B

SOME EVEN CHEEKY ENOUGH TO SELL 1m AT A TIME.

sham was that the transformational Tema contract or the 5h1t one Pete has actually won that makes a quid per container after tax....B

WOT you all on about, Pete wrote this to an upset shareholder:

We are well funded going forward and we have attracted some very large and supportive new shareholders including several important institutions to support our growth going forward. You can rest assured these will have done detailed analysis of the business and where we are going and would not have invested at any price unless they had confidence in the business and our growth story.

so no foward selling here boys and girls, the IIs have promised Pete they are in for the long haul, so selling their shares before they had even had approval to receive them is ludicrous.... If Pete thinks they are long haul, who are we to not believe him. afterall, 19p share price coming...ermh... soon, imminently etc...lol...lol...lol.. do you think Pete has spotted the millions of round number sells yet? B

That makes it interesting then as they only have 10% secured, including Martyn 13s 2.5M...lots to play for. SQUEEKY BUM time for Pete

B

cannot find the % from a quick scan......... but must be 80 % or thereabouts I expect

B

Your views make sense Martyn13. Probably like you shares like RPS have made up most of my losses here and a recent dabble in Loop just might add a cherry on top for 2020. It’s been a baddun for wsg and it appears Peter will be the only one who will spin the positive... double digit growth blah blah blah . It’s clear they have not had the sales expected from covid related business and one has to say .... why? Considering the April lies about never been busier, the truth is they are just a sad family business scraping by on shareholders money. B

Volume seems to suggest forward selling. Is the AGM a cert for approval

He hasn’t said who he has replaced the devil with yet max