Re: looks like we have lift off Looks like any kind of a rise is still being sold into, clearing 9m shares out. Unfortunately volumes are too low to make this happen in a hurry. Either that or there are quite a few disbelievers out there. After all, if WSG are to get this transformational contract and it is on time, there is very little time before the end of the year to procure and install equipment, recruit and train adequately qualified personnel.All seems to be very stretched time wise.
Re: looks like we have lift off What makes you say that? we had movement but t seems to have abated.
looks like we have lift off BUY
Cannacord holding Must be getting close now. End of next week should see a move up towards 15p.ALLIANCE NEWS DETAILCANACCORD GENUITY GROUP BUILDS NEARLY 11% STAKE IN WESTMINSTER GROUP (ALLISS)[ 12 Oct 2017 09:38 ] LONDON (Alliance News) - Westminster Group PLC said on Thursday that Canaccord Genuity Group had built a nearly 11% stake in the company in a transaction on Tuesday.The wealth manager had built a 13.1 million share stake in the specialist security firm. With 120.7 million total shares in issue, the stake represented a 10.88% share in the company.Canaccord Genuity's holding in Westminster prior to this transaction was not disclosed.In September Westminster raised GBP750,000 through a share placing in order to help fund a preparations for a security project with an unnamed Middle East customer worth GBP35.0 million in revenue.Shares in Westminster were 1.1% higher at 11.50 pence on Thursday.Ahren Lester; [email protected] 2017 Alliance News Limited. All Rights Reserved.
Re: Added Today (yesterday) Unfortunately, without any news and substantial buying, we are unlikely to see much advance at all in the share price. Not until the 9m shares have been washed through.
Re: Added Today (yesterday) Definitely agitating to go higher. Mega news anytime. Good luck a
Added Today (yesterday) At approx @11.57p - Averaged UP, holding now @11.23p average.[meant to post this yesterday - just founded un-submitted on my screen]
Re: If it's Egypt: It may be getting close [link] due diligence
If it's Egypt: It may be getting close Sadly you will need to ignore the comments about Monarch airlines initiating flights in October 17 but here is a link to some good graft by bonker and ToshLines re WSG's ME contract potentially being Egypt. [link] recent days there have been a few articles emerging from Egypt hinting that Russia might might be getting closer to resuming flights[link] it all as you see fit but there may have been a legitimate reason in the background for the small scale placing.Own due diligence
Re: Vegas 23 Jun 2016 Westminster Group Plc announces that its subsidiary Westminster International Ltd has secured a new contract for the supply of security screening equipment to a company in the UAE for onward supply and installation in a Hotel.The contract includes the supply, commissioning and operator training of X-Ray Baggage Scanners.[link] to exemplify things.Own due diligence
Vegas Tragically another sad reminder of the importance of Hotel and Venue security all over the world and on which WSG have had some success with sales.Modest stake repurchased this morning.If the ME contract drops over the next few months then it should be a long overdue bonus but the worldwide market for hotels and other public venues should hopefully ensure even this boards inability to seal a deal is counterbalanced by meaningful sales.That plus good riddance to the ferry business.Thoughts to all those affected.Own due diligence
Brakes off soon Another 20k purchase just gone through so head of steam building like last time then off we go. All aboard for a 100% plus r
Re: Trough I agree but when it happened before the brake soon came off and we shot up to 30p so bring it on.
Trough Nearly 600,000 buys, no sells and the price moves up 0.25p. Looks like those with their noses in the trough at 10p are already forward selling. A few to wash through before any meaningful rise.
Re: Tiny placing news I agree, this gets us enough to get the big contract over the line then institutions will stump up for some more.I note it was oversubscribed. A lot of interest here. Stand by for the contract news.