Member Info for yrabsmurruc

Screaming buy or not… this is now just over 3p.. it’s a good job Pete added another 150m shares in the last 12 months otherwise the market cap would only be £5M…..so the price of a high tech scanner…..we have fallen a long way even though cusps are many and two new mscs signed…..Pete is to this day still promising more cusps… I wonder if the Arden note is being updated. To reiterate double digit sp for next year seems madness looking at todays price…..B

have a good weekend everyone..... I expect an RNS from Pete next week ... a positive one about that £5M scanner order ... or maybe 2 scanners..... or 3 even lol..... B

yes, understood. I know being an armchair CEO makes me think I can run WSG better than Pete, but the guy seems to make Mr Bean look positively business savvy. I hope this comes good for us all, and I do find it therapeutic to rant on the BBs.... I should take a leaf out of your book and try and be calmer.......... looks like 3.2p was the floor for today. Pete will be pleased. B

what is astonishing is when you read this from the latets TU:
"In addition to the above mentioned CAR contract the Company notes that it is in advanced discussions on several sizeable potential contract awards that could positively impact this year's expected outturn, although it is more likely that these will slip into 2022."

All that Jam for a tad over 3p...... now he may have made similar claims in 2016, 2017, 2018 2019 .... but one year it might just happen......right!..............B

I have to say Aiming High, you do appear to be a very calming and relaxed individual even when you appear to be travelling at 100 miles per hour towards the wsg cliff edge. Your devotion is to be commended as you are absolute in your resolve that WSG will come good.... and I suspect even if they went bust tomorrow you would put a positive spin on it suggesting a better wsg would rise from the ashes...... B

The business model is deeply flawed as it puts 100% of the financial risk on wsg. The client only pays once the contract is up and running..... the set up costs being paid for by wsg as an incentive to win the business is ok if your pockets are deep enough to take on short term outlay. However as is the case with DRC, any delays are at wsg expense and not DRC..... and there is no incentive on DRC to speed up proceedings to minimise wsg costs....... Pete should have made sure that DRC pick up the tab if client side delays get in the way of what was agreed in the signed contract.... I guess that because the contract was not ratified, DRC can say "what contract?".............another example of poor risk management by Peter. This is a very amateurish operation and doing business in Africa is supposed to be one of Peters strong points........ really.... feels like he gets done over time and time again.... which leads to an even greater "doing over" of shareholders.... 90p to 3p in 7 years, the £50M income from shareholders seems to have kept the lights on ,... nice one Peter.....B

Dodger, with DRC in the long grass.... and revenues flat for H2..... he either has change out of the £7.5M he has already taken from our pockets or he hasn't.. someone said he had access to bank facilities, maybe a large overdraft to see him through.... either way, timing could not have been worse, and nearly 20% down on the day so far.... peeps seem to just want out.... either forward selling or not....... Pete has really fooked over his shareholders here... and I do remember saying in the summer after the 2 MSC contract awards, "what could Pete possibly do wrong to fook this up?"...... and I turned very bullish on the future, particularly 2022... however, with the questions associated with the DRC contract award hanging over Pete, not sure if 2022 is going to be all its cracked up to be, because it is unlikely that DRC will start until much later in the year if they have to negotiate new scope...... It took 2 years to agree the June scope....... so why would this take 6 weeks......B

It does seem that WSG are the hardest hit today......combination of Africa lockdown fears combined with the cloud of a placing hanging over us.... Pete of course is hidden away in his cave...... maybe he has been lucky and already agreed the placing price before we ended up in the 2s... [cannot believe I just said that].........the 2s FFS..... I think Pete needs a wonder RNS out.... B

peeps selling at 3.21p are not making any money and that would be a great loss....... unless they know they can get them back at 3p of course.......B

thinking the same win..... could all be selling as they will get them back at a discount.....not even Aiming 21 here yet...... I have to say very bitterly, that this is now a £10M company.. that has had over £50M injected in it by shareholders over the years..... and nothing to show for it...... I wonder if Arden are sticking to the £22M for next year.... O1G seems to think that the last RNS was because the company needed to confirm that the £15.7M for 21 was off..... yet we now hope its because all that extra scope and revenue is being pushed in to 2022.... I somehow think Pete has more grenades to throw at us before the end of 2021..........B

The problem is that WSG are reliant upon SL and TEMA revenues until DRC kicks in [if it ever does] and as Airports are turning RED, there could be a perceived view that WSG will be further hit......... double triple whammy for Pete..... and it was looking oh so rosy at the Garden Party......Now all time lows...... Aiming 21 seems to be spot on again........B

yes I know Aiming... I spotted that.... I suspect todays large fall is because of the worry over Africa covid variants...... not sure if Pete much cares as he globe trots around the world meeting presidents...... Hope there was enough in the coffers to cover the airfare........... not sure if 3p is the bottom here...... we seem to have slipped from 5p to 3.5p very quickly.....B

selling at 3.38p.....seems black friday is working in reverse... some peeps appear to want out at any price.....B

with now the 5.7p placees snorkelling and the 4p placees deep sea diving, it makes you think about how Pete is dealing with the phone calls from his cornerstone investors..... I would imagine a further placing would now be nearer 3p than 4p.... Pete could always signal he has enough funds to see him through until DRC lands...... but thats not his style... Pete has to be panicked in to action... and maybe just maybe an sp of 3.5p is enough to do just that....... and force him to rearrange the chairs on his Titanic.....B

looks like new all time low SP territory here.... Pete may need to make space for a new award soon....wonder what we shall call it.....B

looks like 52 at this rate..... looked chirpy an hour ago......disappointing end to the day.........B

well done.....you only told half the story in your first post.......good strategy.... B

shuz.....as an expert on CINE share prices, why did you not sell at 80p?........could have had twice as many now and not have needed to spend any more.....B

Sorry the in house broker don’t count. He just spouts whatever his master tells him. FFS Gibbo, just look at the share price. Revenues are going backwards.. £13m in 2019…£10m in 2020 and about £ 6/7M in 2021. Jam in the jar is getting bigger. We were supposed to have a jam jar opening ceremony in September that has now been deferred because Pete is negotiating a bigger jar of jam…. It’s all smoke and mirrors here. It’s been like that for 7 years. B

and..... if there was a large order on the cusp...... why would he not mention it in the TU.... he could have said his usual "expected"..... and this may have helped stop the large fall.... but nope, good old Pete....... sings from the roof tops in June about his mega contract..... going to start in sept blah blah blah........ then he sings it again in Aug.... then he goes very quiet... at just the same time that DRC was in turmoil [as exposed by Vander]...... then he realises he cannot keep quiet any longer as there is no revenue coming in and is forced to tell us the truth..... he never mentioned the big tech contract being nearly there but tipping in to next financial year..... why not?...........its because he doesnt have a clue....... and the sp backs that up..... ALL TIME LOWS...... wake up and smell the coffee O1G....... a placing will be the next RNS not a £5M scanner.......thats my prediction........ and I hope I am wrong because the next placement will have to be 3.5p........B