Member Info for yrabsmurruc

The 3 month graph says it all... Its been a flat line since first week of July... This parrot is dead. B

It has not been since the first week of May that a Contract of materiality has been formally announced via RNS….. wonder how they will cope in a recession… another excuse coming our way from Pete.. no doubt he will tell us how they are protected by his multiple revenue streams super strategy blah blah blah….used to be double digit growth … now he is running out of one liners…. Still very quiet on the western front…. 2 weeks until H1, bunny rabbits will be required me thinks….and nice to hear from you Gibbo… between you and H&N, I think we have balance… even if I suspect you are slightly bonkers for giving the worst of ceos some credibility. B

I think DRC is a millstone around his neck… if you look back at Tema and the false start that had after his “out of the blue “ super RNS about the “ transformation about to be bestowed on us,. He gave very regular updates…. It’s because he knew it was happening… DRC has been the absolute opposite….no updates other than at mid year and end of year where he has to say something… so he gave himself a 3 month window with Q4 2022….this is supposed to allow KSA to be the new “best transformation in town” and allow him to gracefully pull back on DRC as we salivate over KSA contracts…. I think the problem is, KSA has delivered a tiny contract and unlikely much else this year… so he has no get out of jail card when eventually he will have to fess up that DRC is a dead parrot…. He knows the sp will again disappear up its own bottom and he won’t get a placing away above a penny… so his head is firmly in the sand…. He will have to tell the truth at H1 report… and I think he is trying to work out what sort of truth to tell us… he cannot say Q4 is still on if he knows it isn’t as Q4 is only 7 weeks away…. I think he is stuck and waiting for a miracle…. Just my view….B

Traders making hay again… volumes off the scale….meaning don’t even make a dent anymore. Lol….B

H1 results in 2 weeks time…. Let’s see what magic Pete can conjure up….. B

Thanks for responding Aiming, I too miss your positive banter. I still hold here, more out of lost cause syndrome...... Pete is playing a different game to previous calamity years, and has gone in to full silent mode..... I see that as either good or bad.... Good in the sense that he is brewing up a large "told you so" or bad in that he thinks that wsg is lost...... Volume and share price at all time lows....... I wrote my investment off years ago, just after the SVS debacle...... Retirement is great..... hope your investments here are not written off, as I know you did see good in wsg, and you never know, we could just see a lazarus moment here ..... B

Thanks H&N, nice to know you are still [probably the only] cheerleader left.....Reflecting back over your summary of the AGM.... you seem to still think that wsg is a going concern....

so.... you said: Dep Chair now trying to push DRC along.... well it was June, it is now aug.... so did he move DRTC along?
so... you said , CEO had been to Ghana to pick up new business... well he hasnt...
They wre/had negotiated covid loan in lieu of placements.... they haven't formally said so....
Ghana is doing really well..... so why didnt he say so in a pre AGM statement

I think Pete is telling shareholders what they want to hear at AGMs... Its RNS that count not rumour control....

Did anyone remind pete we are at 1p?.... and ask what he was doing about it....... Thought not... because Pete doesnt answer that sort of question...

Keep up the good work H&N...oh..... and some of us don't work anymore, so have plenty of time to play.....

B

We have a major accumulation going on…. Watch out for Mr £50…. He knows something to make such extravagant purchases…B

half yearly soon... wonder what Pete is putting in his fiction section of the report.... the non fiction sections do appear to always contain little "non fiction"..... perhaps it should be held in the childrens section of the library under "fairy tales".....

I wonder if we will get confirmation that DRC is still on for Q4....... B

In all the years I have been here, this has to be the longest lull I have ever seen… no interest from either the company or current and future shareholders….even the AGM seemed boring as was the lack lustre KSA announcement… last one turn lights out I suggest…..B

I was thinking the same Misty about volume..... I do recall a couple of years ago when Pete was in front of his little graph telling us that the volume was high and it was pesky traders causing the share price drops... he went on to compare us with "peers" to show that WSG was in good shape..... I wonder if he would care to do a comparison today... and equally with 2 transactions a day worth £200, not sure he can blame those pesky traders anymore.... so he needs a new scape goat for his incompetence..... Perhaps Trump could provide one..... although I sense he can blame Truss or Sunak once the election is sorted...... B

Investors showing the same kind of interest as the BOD… none…. The inaugural KSA contract went by in almost silence…..so where is the “material “ contribution from KSA?…..B

This company will be dead by Xmas….. B

Ha…. Thanks FD….. B

Former… I presumed you meant west not east Africa, as the East African contract landed but it’s prosecution was delayed until 2022…. We are just waiting for that one to complete…..B

Former FD….. well it is H2, so let’s remind ourselves what Pete said in the last report RNS,d on the matter….
“The logistics, licencing and planning phase of our new 10 year West African port project secured in 2021 is nearing completion and the operational phase is expected to begin in H2 2022.”

So we know it will not begin in July…. ( unless announced this week), so he has another 5 month window to remain accurate….. this shows you that he requires to create 6 month windows for contract start, reflecting that he actually doesn’t have a clue to any accuracy for income or outgoings and is completely at the mercy of the client being arsed…..is this how you run a company these days…..B

But max, Pete has a contract… “contracts cannot be undone”…. Pete said at last years webinar… it will be ratified in Q4…. Because Pete said….. we must believe Pete, Pete always tells it to us straight…. I bet he will even ask for the same “start up” funds that we gave him in June 2021… you know, for the second start up that probably will be delayed until 2023….. I really hope he goes for a third start up costs to be covered at our expense…. After all, Pete smells like a crook, behaves like a crook, lies like a crook…. That should mean only one thing……B

Having a little breather after such a big bounce….B

JL… to use your own words, “the penny has dropped”….. 1.3p to be exact……B

Probably right max but haven’t we been saying that since 2017……B