3 trading days So just 3 trading days to go before end of month. Company said would give update on operations in January and anticipated announcing further on deal also. Obviously trying to tie up the final ends to announce both at same time.Interesting week ahead. Good luck all.
Re: O/T: Velocys Ive had a little punt as well; many thanks for the info
Re: O/T: Velocys Thanks for the OT. I have spent an hour researching and stuck my toe in with 12k shares, as you say looks too good at this price, may top up further later in the week.
Pressure building Another 80000 just gone through which sums up the buying pressure here. This topped 30p on rumour last time and now we know that an announcement is due anytime in Jan.Deal signed and we are sure to be north of 50p. Good luck a
O/T: Velocys I'm still heavily invested in WSG and that will remain as I think that a transformational deal is just about to finalise.Velocys though has flagged up under my radar this morning on a deeply reduced share price and is perhaps one for value investors and the patient. The company through state of the art technology turns waste gas products from landfill sites into jet fuel, diesel and premium wax. There has been a deeply discounted financing announced this morning to part finance another such plant that has reduced the share price to what I think is a price significantly under what it should be as an adjusted price after any such financing. Dyor and in the end its your decision.Own due diligence.
Re: OneWayTicket I had been about to post the same; many thanks and much appreciated !
Re: For anyone interested in Westminster Gro... And in a way the fact there is only 121mill shares is helpful but let's hope new contracts don't require much/any dilution
Re: For anyone interested in Westminster Gro... Appreciate all you work Onewayticket, I know we have not always seen eye 2 eye but totally appreciate all your informative posts.Long term holder.
OneWayTicket Just wanted to say thanks, you recommended this share on another BB about 18 months ago and I watched it climb and climb from 9p and eventually I jumped in at 28p but managed to average down over time to 12p.. I took my stake back yesterday and have a free carry of 70K shares. So seeing as Im unlikely to meet you I just wanted to say thanks as Im looking at a good profit here. Cheers Neil
For anyone interested in Westminster Group Maybe read back on numerous posts I have put together for a rough summary of the last 18 months company statements and the different divisions and yes I have backed my own research well. Timely top up into the bargain at mid-21p.Not here to answer any Q?s as very few tick ups for the effort and you get the odd curved ball that appears.Great day today.Own due diligence
Re: Could be 50p or more next week ? Interesting that we are having a late charge up. Weekend article maybe or ready for the huge news next week.On news this has got to be 50p minimum plus other contracts in the wings.Good luck a
Could be 50p or more next week ? With the imminent announcement of a huge contract before end january,(see latest RNS) RNS, Westminster could easily double or more before end of month, maybe it will come next week.Have a look, maybe it could be the easiest money you could make this year in the shortest time.
In Context In the September 17 half-yearly report I can remember the reaction to this paragraph off Peter Fowler."Given the confidential nature of these projects and the time it can take for MoU's and Letters of Intent (LoI) to progress to award of contract, we are no longer announcing any individual MoU or LoI when signed. We will update the market on material developments as appropriate."Then out of the blue pre-Christmas this"Whilst these negotiations have taken longer than expected, the Company is pleased to report that senior management, including the Chairman and CEO, have just returned from an extended visit to the country concerned and all but a few more minor commercial and contractual issues have now been agreed. 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. In order to achieve the commercial and contractual agreement, the contract required approval by a number of governmental departments and organisations, all of which have now been received. The client now has one final internal approval process to complete and whilst with any project of this size and complexity there can never be certainty of timing or outcome, the Company expects to provide a further update on this project opportunity in January 2018."I'd class that as a fairly major "material development" myself and imho on a completely different level to previous "tickles" as you call them.You alone decide.Own due diligence
Re: Its so undervalued .. yes lots of MOU's - but they're only MOU's -- what we need and never seem to get arehard contracts. As I posted a while ago the management give us a tickle , the sp shootsup but then flops back when nothing happens and thats been the pattern forquite some time!
Re: Its so undervalued .. I thought I was the only one on here millwallfan as nobody ticks or seems to engage or reply. I have to agree with you but feel that trust should re-embed itself by sealing only the first deal, of what should then be several. Prudent though you seem I'd be very surprised if you don't see a lot more than 32p. Own due diligence