Chaired by the vile ex Tory MP Tony Baldry, Westminster Group (WSG) is running on vapours (yet again) . That we all knew as explained here. But what the company is not admitting to is a hammer blow from Sierra Leone which will destroy the only profitable part of this business. Let me explain.
I explained yesterday how the curse of value destroying loathsome ex Tory MP Tony Baldry was about to strike again and that Westminster Group (WSG), where his chairmanship has seen a 5 year 90% share price collapse, was set to do another bailout placing. On reflection, the numbers presented are misleading and the merde in which this company is drowning is far greater than folks realise. Let me explain.
The curse of former Tory MP, Tony Baldry of 3DM infamy just will not go away. When oily Tony joins a company, he will make a packet and the shares will tank. That is one of my golden rules of investing and slimy Tony’s record in this respect is unblemished. So to the latest warning from Westminster (WSG), a turd which Tony tries, and fails, to polish.
Oh dear, there has been no RNS about this but it appears that Westminster Group (WSG), the serial AIM laggard run by ex Tory MP, sleazy Tony Baldry of the fraud 3DM infamy, has been very naughty and has been slapped down by the US FDA for making untruthful covid claims on its website. Tony: you are a scumbag. This is a shocker.
Three announcements came this morning from Westminster Group (WSG), the cash-guzzling AIM promote run by sleazy ex Tory MP Tony Baldry of 3DM infamy. All add to Tom Winnifrith’s 5th rule of investing: If the porcine piece of slime Tony Baldry is involved, sell.
Westminster Group (WSG) has announced results for the first half of 2019 emphasising “a significant move forward” and “we look forward to a strong full year performance significantly ahead of 2018”. The shares have not really responded though – currently remaining sub 10p…
Previously writing on Westminster Group (WSG), I concluded last week where’s the cash for that coming from? The shares are currently down to below 13p, but, natch, still avoid / sell. Now the company “is pleased to announce a placing… to raise £1million before expenses together with the issue of warrants”. Surprise, surprise…
Shares in Westminster Group (WSG) spiked to around 17p earlier this month and closed at 14p yesterday. Now the “supplier of managed services and technology-based security solutions worldwide, is pleased to provide an update on its operations at the new Tema Container Port, Ghana”…
