Member Info for yrabsmurruc

Pat, they have also not mentioned if they are making a profit… revenue is one thing but if £25m goes in and £26m goes out… then it’s not too long before the wheels fall off… they need to talk abut when this becomes a profitable business that’s what gets the excitement, b

Pat..... yes... you have missed the fact that they had early £6M in cash in August, so have spent nearly £4M and have nothing to show for it..... so by the end of Feb they will have no money left if cash burn says the same......They also have sent a flare up that they will raise money in Q1 2022.... and normally placements are at a discount to the prevailing shareprice.... so that uncertainty added to reduced cash and problems with covid bubbling away, makes this a bit risky at the moment... the drop reflects that, although volume is very thin...... so no big rush for the door.......B

having another go at £12 today....... B

Proph..... Pete always uses words to describe things not quantitive measures..... so revenues are "meaningful" or in the "severals"...... performance is "reasonable"............ whatever happened to proper metrics....... Pete does not deal in them because that would hold him to account..... looking forward to "double digit" getting back in his vocabulary..... fed up with his "multiple revenue streams" as a COVID vaccine.... Heres some more words pete:

sp - Dreary = sub 3p
shares in issue - Plentiful = 330 M
Revenues - Sparse = £6M
Outlook - Hopeful = Not sure
Profit - Imaginary = never
Performance for the year - Reasonable = crap

B
shares -

agree Bb... £9 to £12 in a week is not bad..... however £40 to £12 in a year is not so good..... getting on and off the bus is all about timing........ as with all stocks..... This will be back to £20 before next june, so a chance to double your money in 6 months.... that will do me.....and no more skeletons in the cupboard..... I hope !!......B

Not sure investors wanted to see this message in their xmas stocking......"In order to support its investment plan, Parsley Box intends to raise further funding during Q1. Certain members of the Board together with their associates have indicated their intention to invest, demonstrating their strong support for the Company."

What else would the Board, say.... we are going to get our cap out and wouldn't touch this with a barge pole!"........

Back to lows I think until the clouds of placement price have been set.....B

I bought some before at a tad under a quid... a few mins later seemed to perk up...... not sure why......B

quite a bit of in and out this morning.. with those in by 8:30 out before midday..... Mr 44184 in and out...... Mr 19838 sold in 2 chunks a 10k and 9838 all for pennies in profit .......Odd one is Mr 55540, bought 25K plus 25k plus 5540... then sold in one go...... shenanigans this morning...... was someone expecting a more solid rise based upon early buying to make it look like a leak?...... wonder what the game is?......B

morning bilgepump !.... "you ok hun?"....... I know what you mean about my negativity [its therapy] , it must be rubbish to hear constant grumping from me... I mean, Its not as though the narrative goes with the share price performance is it?.... "reasons to be cheerful?"....... if you know one let me know and I will change tune....... B

This seems to be stable now..... with covid disrupting the markets, could be considered a safe haven..... small divi to help those with losses .... feeling happier about 2022........B

and for those who suggest a lot of what happened was outside of Petes control.......nonsense As CEO, Petes key role is to mitigate risk.... He is supposed to understand Africa and how it operates... he doesn't.. that is fact and research is not needed..... he reacts to every situation as though it has just slapped him in the face...... what due diligence does he actually do?....... Whether its a country reorganising itself, or an Airport Authority being investigated for corruption... he seems to miss it .... until it actually happens... he then shrugs his shoulders and asks for more cash to see him through, but not quite confirming the opportunity is dead.... its kinda brilliant what he has done to us...... if your the Fowlers that is !!....... If you have seen your investment reduce by 90/50 or 10%... its not quite so funny..... but research will tell you that Pete doesnt actually give a 5h1t.........B

Aiming.... I do kinda side with Vander here..... Research [based on history] tells you that Pete has not performed well [understatement] in what should be a period of history where security has never been more relevant, both in terms of borders but also for protecting the world against covid.... These SHOULD be markets that wsg thrive in or via synergies tap in to.... yet they have been hit as hard as retail and entertainment.. shareprice decimated and revenues barely existent... placements have been many and for 20/21 more than revenue...... This puts the spotlight on the BoD and their strategic vision and abilities to tap in to opportunity..... they have failed at every point.... and research will tell you that.......Pete has unfortunately won awards in the process and this foolishly makes him believe he is doing well...... do you honestly believe any of his awards have merit?........ I hold because I cannot be ar53s selling my SVS shares now they have moved to a new broker..... but have traded a number and scraped by on those, but am significantly down on my svs shares.... I really hold now as I see wsg as an experiment in how you can actually survive as a company on AIM by fooling all your shareholders and keeping a family business in a life of luxury at shareholders expense... Pete has not changed in over 7 years even though he needs to, he is economical with the truth, just like how he got DRC away just as internal governance and corruption exploded with the AA.... the result will be a new operating model for DRC with WSG in a subordinate role..... Pete gives us little facts, but it looks like control has been taken away...... Your research should tell you all this and it is easy to then work out how Pete operates...... the $1.7M contract was a distraction to be able to add his "I have cash" statement to us all.... why did he not say we had cash when he told us DRC was delayed... that may have stopped the drop from 5p to sub 3p.... its because he was forced to do it by his major shareholders I bet........ Research is one thing, but when you are as easy to predict as Pete is, then you understand why this is still thrippence...... 2022 may be different, but in the summer of 2021, with 2MSCs announced along with a EOY £15M revs, I thought not even Pete can fook this up..... guess what..... he did......... Now research [rather than emotion] should have told me that would happen.... but I gave Pete the benefit of the doubt....... boy was I wrong........... In some ways I do hope Pete raises again... because I understand Aiming that was one of your new red lines... and threatened to sell.... maybe then you will see Pete running round the Palace of westminster in the nude....as most of us already do.............B

someone set the last placement at 25p.... this was a big discount to the prevailing sp at the time.... therefore some expected 25p to be the psychological floor.........however this is now 17p [so 50% rise needed just to get to that floor]...... I find that unusual in that most times, the sp hovers around the placement price and then eventually rises.... this is doing the opposite..... why is that.... either the 25p set was still way too high or peeps are still not bought in to the recovery play..... anyone selling is losing money.... so they are selling because they have had enough or selling to buy back lower....... there seems to be no floor here anymore..... and to think my first purchase was 85p just after the 50% crash in Nov 20.... everyone was saying it was the opportunity of a lifetime.........B

how things have turned out here... they placed a few months ago for £12.5M I think.... the market cap is now £17M....doesnt seem to give much value to anything else really...... £250M company a few years back....... where has it all gone wrong..... a certain acquisition didnt help..... seemed downhill since ..... when will the knife stop falling........so many questions.....B

Dodge... he should have provided that comfort mid Nov when the sp was 5p..... Pete has proven time and time again that he only acts when he has been pushed to do so..... he procrastinates too much hence most decisions become knee jerk..... when covid was rife in 2020... he should have been decisive but instead hung on to coat tails.... vending machines and mango masks were behind the curve... when he started selling something, the world had moved on.. I remember after TEMA when we spiked to 15p and when reality kicked in he saw the slide and had to place quickly before we went sub nominal......he is a poor leader.... wsg may thrive with new blood and a more honest approach .. 13 plus years of same old same old is taking its toll...... B

nice defensive posture AimingHigh..... we all know that Pete has now dug another hole for himself...........You are correct that Pete never talks about profit but he usually doesnt talk about cash positions either....saying he has a healthy cash balance suggests that he was forced to quell rumour control. With only £6M revenues for the year, he has relied heavily on the placements to keep the lights on...... The maths suggest that Pete has a different definition to healthy than the rest of us...... I think its more like wsg are running on fumes than half a tank.........Cash burn really depends upon what is happening in DRC.... are boots still deployed or have they been stood down whilst ratification rumbles on..... Pete is just down right woolly with his words.... dodging the pointed questions.... everything to him is meaningful..... what the fook does that actually mean..... wsg will do well to hang on to thrippence today.......B

back to pre result levels... I agree now that all the bad news appears to be out the way and the dead limb removed...... a very solid and profitable business comes out of the ashes....... some nice contracts [or a whiff of takeover], should see this back in £20 land next year......B

City watcher...... Pete has been bullish for 7 plus years..... that bullishness has taken the sp from 95p to sub 3p and increased shares from 20M to 360M..... plus he has spent £50M of placement money to keep his dream alive.... [sounds like a song coming].......... now wouldnt that make the Fowlers Bullish knowing they get well paid irrespective of how poor they leave their shareholders.......B

Thats even more in sticky hands..... free float getting smaller and smaller..... share buy backs and there will be very few to trade..... B

Vander, the 9-12 months drumbeat would chime with the European Procurement process.... From Advert to Award [plus standstill] is approx 12 months...... Experience tells me that "lowest price" tends to be the main award criteria for standard products and services......... with the technical bar being passed...... This fits in with the WSG model which is to win contracts with low ball offers and scrape a living....... probably why they won HoP et al............ B