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WSG - New business model about to transform this co. (WSG)     

someuwin - 27 Jan 2013 10:42

Westminster Group (WSG) Has spent the last few years supplying security equipment to government agencies and major players across the world and has built up an impressive list of agents and contacts.

Now moving the business from one off sales model to a long term managed services model.

The first stage came in 2012 when they won a major contract to run the entire security operations at an international airport in West Africa. (Lungi airport)

* WSG get paid (through the airlines) on a per passenger basis.

* Lungi has passenger numbers (PAX) of 120,000 and the contract is worth $150m - $300m over 15 years.

* They are now in advanced negotiations for a second airport in another african country, but this one has PAX of 400,000 i.e 3 times as many passengers so, all else being equal could be worth 3 times as much to WSG!

* Furthermore, they are also in active negotiations with other airports across Africa for an aggregate 2,200,000 passengers (Do the maths!)

As if that's not exciting enough for a £12m micro cap there's more...

* They are working on several oil pipeline security deals (the potential here is vast when you see how much oil is lost to theft and leaksge).

* Also, multiple critical national Infrastructure projects in a Middle East country.

* And multiple franchise opportunities in Nigeria.

* Many other projects yet to be revealed (ports & harbours maybe?) across Africa, Asia and the Middle East.


All the signs are that the second airport deal could get signed within weeks. This WILL have a transformational effect on the sp imo. Then imagine what will happen when any of the other major opportunities comes in!!



Chart.aspx?Provider=EODIntra&Code=WSG&SiChart.aspx?Provider=EODIntra&Code=WSG&Si

someuwin - 27 Jan 2013 19:22 - 2 of 13

The CEO is flying out to Africa tomorrow.

So BIG contract news could be imminent.

someuwin - 04 Feb 2013 20:44 - 3 of 13

Up 6.5% on higher volume today.

Buyers moving in ahead of anticipated contract news.

almoore - 04 Feb 2013 20:57 - 4 of 13

Looks like upside coming soon !

someuwin - 05 Feb 2013 15:22 - 5 of 13

Volume traded already today 500,000 shares.

Free float less than 12 million shares.

Will be difficuly buying in once news comes out.

someuwin - 19 Apr 2013 20:54 - 6 of 13

The second airport contract (which was first announced in Nov last year) has taken longer to complete than hoped. But I believe we are now VERY close to getting official sign off!

The length of time discussion have taken is testament to the size and importance of this deal. (Negotiating with government ministers and heads of state cannot be rushed).

The first airport was valued at $150m-$300m over 15 years. This second one will be 3 to 4 times the size.

News very close - don't leave it too late to get in here!

gibby - 18 Jul 2014 15:56 - 7 of 13

priced to buy right now - massive upside - large deal news imminent
£0.5Billion + deals in very near pipeline
gla

gibby - 22 Jul 2014 10:20 - 8 of 13

nice buy price right now - roll on first deal rns
with so few shares freely available............................

deltazero - 19 Nov 2014 07:55 - 9 of 13

rns potential $300M over 21 years

js8106455 - 22 May 2015 10:10 - 10 of 13

Westminster Group - Final results for the 12 months to 31 December 2014

click here

js8106455 - 02 Jul 2015 09:31 - 11 of 13

Westminster Group - Results of AGM

click here

js8106455 - 08 Jul 2015 11:03 - 12 of 13

Listen: Ian Selby, CFO, Westminster Group discuss the CTAC Settlement

click here

LGriffith - 30 Sep 2015 15:00 - 13 of 13

Westminster Group - Interim results for the six months to 30 June 2015 - listen here.
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