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Well I am going to give the cheerleaders the benefit of the doubt and say.. yippee!…Pete has come out of his cave because he had to…. The announcement that Lungi had changed hands was made public yesterday and he had no choice but to come out and slow clap…. Because his boss has changed. So…. I now look forward to the new additional revenue projections for the additional footfall that now falls within the existing security contract…..

Now Pete is due an update on the contracts soon and I am sure will be very open about how the new relationship’s with Summa translate to revenue….

It is clear that we are in a period where Pete will need to be in step with the announcements Summa make, so his cloak of misinformation will stop…

Looking forward to transparency at last…..

Happy days…..

B

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How exciting…..B

Morning all…. Hope Pete is feeling well…. Probably writing those RNS now…..

DRC…. I am pleased to announce …..
MENA…. I am pleased to announce……
TEMA ….I am pleased to announce…….
KSA……I am pleased to announce…….

Oh… and finally, Placement to fund the above….I am very pleased to announce…….

Hat ready……

B

Oh… forgot to mention lungi!…. What’s happening there then?…do you really believe that Pete has good news under his hat?….he would have squealed by now!!!…..B

Agree misty… all this talk of “ bagging”… based on what?… let’s revisit the facts…

Tema…. Wsg are going to give it back as they have just announced after 3 years that they are not liked… suggests friction between the parties… business model questionable….

DRC… we have a contract signed in 2021 ( yep, 2021!)…. Pete says it’s still a goer… but DRC are slow… he stated in Nov that he had sensed positive movement and the ratification would happen within 8 weeks ( by EOY)… it’s now mid Jan and still silent… so why has Pete not tweeted that ratification is even closer …are we not due an explanation?

MENA… going to sign before EOY….. silence!

A further MSC…. Silence!

Revenues for 2022 being on target £10m?…. Pete used to give a Dec TU to confirm EOY… stopped doing it because he always misses

So… why should I expect this to bag?…..

We all know Pete has a tendency to “come quick”….. when good news happens….so why the silence if all is on track?… we’ll sort of on track ……

Liking on eBay for pointy hats…..B

RHT… lol…. You mean buy at 1p sell at 2p surely….B

RHT… what type of hat should I buy?. Look forward to the YouTube video …..B

As long as “the system” continues to give awards to folk like Fowler then more ceos will continue to lie and cheat their way to retirement off the backs of their shareholders. Pete knows he can continue his fairytale existence because “ he can”. Every AGM he gets voted in by some margin, (although I noted last year he got more “ against” than usual)and I do not know why. For a ceo who claims he has extensive knowledge and networking in these frontier countries, he has NEVER been able to close a deal on time and more often not even close it. It takes many years of discussion he tells us, but 5-10 years of negotiation with countries that change regimes quicker doesn’t feel like a business model that reaps results…… Pete should retire and give the reigns to someone new ( not his kids)….. and we will get a 50% rise just from that….. I would add Mango masks to the list… plus MENZIES…. Now whatever happened to that big contract?……tick tock for the new SL airport opening, wonder if Pete comes clean beforehand that he has lost another MSC….B

DrM

Think about it….. Wsg have had an exclusive contract with SL to provide security services at Lungi airport… getting paid for very little so a nice earner… that earner has propped Wsg revenues up for many years as Pete fishes around for other elusive msc cash cows… Tema was supposed to join the herd…

Now the government expand that airport to get more passengers through… yippee we shout as the cow will get bigger( and therefore the cash)….. so…. 2 years later we are on the cusp of the airport opening and not a word from Wsg on the expansion project and how it impacts on the Wsg exclusivity Pete bangs on about….do you not find it incredibly odd that Pete remains silent and it can only be bad for them otherwise we would have had a mention on 23 outlook containing expected larger revenues due to lungi…… why the silence, it’s a pretty big elephant (cow) romping around bumbly towers… does Pete not think we join our own dots…..and as an aside to expand how sly Pete is, Tema has been running for 3 years and yet last November was the very first time he mentioned how sour it is…. When he says we might walk away… he means we are being booted out of Ghana…..the only question left is… what happens next… we will go from 2 MSCs down to none….. nice…….B

DrM…. I do own and do hate… but holding gives me the authority to whine. I look forward to bottling the whining.. perhaps pete could try and sell that. B

He will “fess up” soon bigears…. The imminent opening of SL airport expansion cannot go unnoticed… or perhaps Pete thinks that it’s all a dream… just like being awarded the contracts that provide all the scanning equipment he didn’t seem to get…B

WSG versus Government….lol…Pete has spent 10 years building up his special relationship with the SL Government so he says…..doesn’t look special to me… one Xmas card a year doesn’t make them bezzy mates… but when you are as deluded as Pete, even getting in to bed with the Iranian government seemed like a good idea at the time… Airport operator in Afghanistan probably in his “to do” list…. Guy is a fool in big Kn0b…… B

It looks to me that Wsg will lose both Lungi and Tema over time… eggs in KSA basket plus the uk “protect” business .. but will be drinks and drabs not MSCs…. DRC won’t happen either… happy to be proven wrong but petes silence tells me he is waiting for KSA to bury bad news. B

Bilge…….zzzzzzzzz………..B

Spreadex gambling……B

Target price is £1…….lol………B

I think the lack of news on Freetown airport expansion and the Wsg contractual relationship ( is there one) speaks volumes… Pete mentioned it for the first time in the Nov TU but only as a public service notification rather than a revenue stream….what’s going on Pete….just like DRC , Liberia and MENA…. Silence is golden Pete sings…. B

Misty , it’s because what I have said is true… bilge showing true colours…. Or.. to give him a chance, please explain how his end of year predictions all failed to be delivered, yet Pete has an iron grip on the business … surely even he must know how the next 40 working days should pan out….especially if it is about the contracts that he has been telling us about for 2 years…. Simple answer is the guy is a fook wit who couldn’t run a bath never mind an aim company…. B

And… if he cannot get his “within 8 weeks” predictions right, then how does he get his “2023” objectives right?…. One might think he just makes it up knowing that no one can do anything about it….even the nomad doesn’t give a 5h1t…..next RNS will be the run away from flagship Tema….B

Morning bilge… let’s see if it’s drivel or not later this month… Pete has to come out of his cave sometime.B