anyone for topping up? strange how one minute this BB is awash with excitement then suddenly flopsinto silence. seems to have been the pattern for the past year or so as far as I canrecall.
Re: If its Oman / Muscat Some more interesting comments in the below link.[link] Futaisi stressed the ministry and its strategic partners will now be able to operate the building, following final confirmation of its readiness through operational tests conducted in recent months.""The revamped Muscat International Airport is expected to have the capacity to handle more than 12 million passengers a year and 48 million passengers after the completion of a number of four-phase construction projects."Prticularly given these comments in the 22nd Dec 17 RNS "Due to the complexity and increasing potential scope of this project, it has now been agreed to undertake the project in phases, with the initial phase expected to be worth approximately 24m per annum to Westminster. Any future extensions and changes of scope are expected to be subject to price revision.Own due diligence
iii Is it my imagination, or is this site completely kn*ckered (again)?
Fees [link] PAX figures are roughly in line with estimated revenue
Summary cont 3. Joint Venture"As part of its growth strategy, and to facilitate some of its major project opportunities, Westminster has also now established two new European subsidiaries strategically located in Germany; Westminster Group GmbH, a 100% subsidiary of Westminster Group Plc, and Westminster Sicherheit GmbH, which has a 15% minority holding by strategic investors who will help provide financial and structural support for some of the major project opportunities."We now know this subsidiary is based in Munich. Why? Well it just so happens that Munch airport is doing this [link] Henry Spratt is one of our German Co directors. His LinkedIn profile has plenty of corporate finance / banking people on his 'people also viewed'...Not to mention, his other co Bristol York "works with high growth companies to achieve their operating goals."[link] There have been links to Oman on his profile4. Adverts for French Speaking staff. Why French? Because Thales a French company have installed the IT security systems at Muscat.[link] [link] The Hon. Sir Michael Pakenham KBE, CMG Non-Executive Director at WSG has worked with Thales before "He has led work on the EU Security & Technology research project with Thales and IISS."5. The timeline of RNS's and Muscat's delays in opening stack together perfectly. The latest RNS indicates sign off is imminent. Trials are nearly finished at Oman as they enter the home straight towards the opening on the 20th of March 2018.
Muscat Oman Evidence Summary Please feel free to comment on this... Some reasons to believe the location of the middle east contract is Muscat airports new terminal in Oman which we saw today is due to open on the 20th of March 2018.1. "Accordingly, arrangements are currently being made for high level meetings to hopefully finalise the security services contract and the Company is working with UK Governmental bodies and other institutions to deal with related financing issues whilst Westminster's business development team continues to progress negotiations of the long term multi-million-pound incremental requirement for related services at all international airports within the country."Taken from the RNS Number : 1311L 29 September 2016All international airports... This rules out several Middle Eastern countries such as Qatar who only have 1 international airport. Oman has 3. 2. Multiple trips by the PM and senior government officials to the gulf [link] "Gulf security is our security." Theresa and Tony Baldry who is now Executive Chairman go back a long way The letter of intent was received not long after Tony joined WSG.
Re: If its Oman / Muscat Opening date confirmed!![link] on the contract RNS
Re: If its Oman / Muscat One way - good find.It has to be Muscat and announcement by end of this week or next to allow time for final planning etc.No wonder the price coming back up. Going to look a bargain when the news breaks. No wonder the tiny placing was oversubscribed!! All aboard.
If its Oman / Muscat Things might start to heat up.[link] translated"It is decided that the commercial operation of the new passenger terminal will be on Tuesday March 20, 2018. All incoming and outgoing flights will be transferred from the current airport to the new airport on this day"Own due diligence
Middle East sign off imminent Adjectiveimminent (comparative more imminent, superlative most imminent)about to happen, occur, or take place very soon, especially of something which won't last long.Excited!
Re: RNS Just added more, being doing that just before the big news broke. Did not realise they are got rid of the ferry service, must have missed that RNS but minds on bigger things so onwards and upwards.
Re: RNS Great news. Revenue up in other areas but the big contract is about to landBet they are frustrated that they couldnt announce it with this RNS but it is nailed on to be Nuscat which we know will be announced within a few days. Any price drop today is the best opportunity ever for this company to grab last of cheap shares before the big news. Might even bring in circa £1 million for selling the boat! All aboard!!
RNS With this share, all you need to do is wait for the price drop and you know there is news coming. Waiting patiently now...
Re: Airport contract OWO I sincerely hope you are right that this is the contract much spoken about. I only have a small holding here at 16p average but sold just under half at almost 27p given the historical ups and downs. Not quite a free ride on the rest but it will do!! A sharp rise Tomorrow morning might indicate you are correct if there are any leaks pre the formal announcement . Watch this space.
Airport contract See the link below. Announcement of start date of new Muscat Airport in Oman within 'a few days'.[link] that would tie in very nicely with our planned timetable for an announcement. This looks HUGE. News.What price the shares on the release of contract news. Last top up time as the long awaited action about to transform the company. Good luck all.