On 29 January 2019 Westminster Group (WSG) the dog chaired by ex Tory MP Tony “fatso” Baldry of 3DM infamy issued a ramptastic trading statement to ramp its shares up to 12p allowing it to do a bailout, keep the lights on, placing at 10p a few days later. Now, as it prepares for its next bailout placing we have more grim news marking the company out as utterly uninvestable. First the mess of its accounts.
A “New $3.48m USD Contract Award - Asia” announcement from Westminster Group (WSG) – with Chief Executive Peter Fowler “delighted to be able to announce this latest new contract award for large scale screening solutions, which has been secured after a prolonged period of negotiations” and the shares currently higher, towards 9p, in response. Hmmm…
The behaviour of Westminster Group (WSG) chaired by disgraced ex Tory MP , Sir Tony Baldry of 3DM fraud infamy, displays everything that is worst about the AIM Cesspit. Today we have a £500,000 placing via newly appointed joint broker the low -life team at SVS. But just ten day ago it was all so different.
Westminster Group (WSG) “is pleased to announce the acquisition of security and risk management company Keyguard UK Ltd”. But wait a minute; isn’t Westminster itself short of cash?...
When a good company meets the salary expectations of “porker Baldry” of 3DM infamy as its chairman it will inevitably become a cash guzzler. When a bad company finds the loathsome lard bucket at its helm the outcome is not going to be a happy one for shareholders. And that brings us to Westminster Group (WSG) which has raised a paltry £500,000 (gross) today via seedy low grade bucket shop SVS just to keep the lights on until Christmas.
Shares in Westminster Group (WSG), run by loathsome ex Tory MP slug, Tony “fatso” Baldry of 3DM infamy have slipped again to just 9.2p to sell. Those who ponied up £750,000 in the last bailout placing at 22p, less than six months ago, must by now realise that backing a Baldry run company is financial hara kiri. But things are going to get worse. You see the money's almost gone....
Westminster Group (WSG) is a company which I once had high hopes for, but in the past it has always been one which has promised the earth but has failed to deliver much of any real substance.
At the weekend I flagged up that Westminster Group (WSG) was at death's door and needed a bailout placing ASAP. Today it announced that it has raised a paltry £750,000 gross at just 10p. Any company chaired by the loathsome ex Tory MP Tony Baldry, of 3DM infamy, is a no go for me but it seems that Mr Market agrees with the Sheriff. Here is why Baldry's Westminster is toast.
Having recently again been in retreat, shares in Westminster Group (WSG) have risen approaching 20%, towards 16p, on the back of an AGM update. With I having concluded cautiously a few months ago, what developments have caused the bounce?...
Westminster Group (WSG) “is pleased to announce a placing” (to raise a gross £1 million at 10p per share) and “the conversion of the balance of the convertible loan notes issued to Darwin Capital Ltd eliminating the facility”. The shares have though responded more than 15% lower…
Having included as a ‘Key Point’ in its September-announced half year results statement “Darwin Convertible Loan Note debt reduced during period and eliminated shortly afterwards”, Westminster Group (WSG) is now “pleased to announce” £1.2 million of convertible loan notes… with Darwin! The following updates with the shares currently falling back well below 20p in response...
I have not taken a view on Westminster Group (WSG) to date but it has done itself no favours at all with news today that it has appointed as its new NED, Tony Baldry, the Tory MP for Banbury until 2015 and a vile pig who demonstrates everything that is so repellent about the political establishment.
An RNS announcement from Westminster Group (WSG) entitled “Financing & Trading Update”, the shares currently down approaching 17%, at 8p, in response. Uh oh, I think I can guess what’s happening here…
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Rurelec (RUR), Servision (SEV) and Westminster Group (WSG) setting share price targets for all three stocks.
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares of Inland Homes (INL), Nighthawk Energy (HAWK), Westminster Group (WSG) and offer some share price targets.
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Eurasia Mining (EUA), Pinnacle Technology (PINN), Westminster Group (WSG) and set share price targets for all three.
Just when it looked like Westminster Group (WSG) was finally about to start living up to expectations it was hit by the Ebola outbreak in West Africa. The AIM-listed company provides security services to governments and private companies around the world, so often the exact nature of its contracts are rather vague.
Real Man is not unaware of the Ebola crisis occurring in West Africa. I see that some pompous arses object to my use of the phrase “I’d rather drink a pint of warm Ebola” than (buy Quindell shares etc.) but that is because the English language is a joyful tool allowing such illusions to make a point not the preserve of pompous self-righteous prats (see my tweet hate mail at the weekend). As it happens we have a long relationship at the restaurant with our friends at Medicins Sans Frontieres. And as such we are delighted to support an emergency Ebola appeal launched today by Westminster Group (WSG) an AIM listed company operating in the Ebola heartlands.
The first presentation on Monday in Clerkenwell at the ShareProphets seminar was by Ian Selby of security group Westminster (WSG). This is not just a story about the temporary impact of ebola. Ian put the case well enough but there is clearly a sentiment issue right now.
Earlier today I flagged the blatant insider dealing taking place ahead of the Westminster Group (WSG) placing announced yesterday. I have written to the broker to the issue SP Angel calling on it to take firm action to catch the City criminals involved. The letter follows.
Westminster Group (WSG) last Thursday decided to raise just over £1 million in a placing for reasons I understand and believe to make sense. When the calls from its broker SP Angel started to be made the share price was 50p in the middle. That was late Thursday afternoon.
Westminster Group (WSG) seems to divide opinion. There are some folk who think it is yet another loss making jam tomorrow AIM stock. Others (see HERE) love it and think the shares are cheap as chips. To help you decide here are the CEO and FD Peter Fowler and Ian Selby ( a good libertarian) in video action at the UK Investor Show.
Westminster Group (WSG) is one of those companies that is yet to live up to its potential, but the right piece of news could change all of that. The company provides security services to various governments and private organisations across the world and is currently represented in 48 countries.
In case you missed the recent interview with Westminster Group (WSG) at the UK Investor Show (click here), Doc Holiday has just released a new audio interview with CEO, Peter Fowler. Read on below.
Direct from the Queen Elizabeth Conference Centre a video featuring a UK Investor Show 2014 presentation by Peter Fowler / Ian Selby of Westminster Group (WSG)
I met up with Peter Fowler, the CEO of Oxfordshire based security systems company Westminster Group (WSG) the other day and asked him a few questions to which he gave refreshingly detailed responses.
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