ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

HARL Harland & Wolff Group Holdings Plc

13.00
0.25 (1.96%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Harland & Wolff Investors - HARL

Harland & Wolff Investors - HARL

Share Name Share Symbol Market Stock Type
Harland & Wolff Group Holdings Plc HARL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.25 1.96% 13.00 09:00:01
Open Price Low Price High Price Close Price Previous Close
12.75 12.75 13.00 13.00 12.75
more quote information »
Industry Sector
GAS WATER & UTILITIES

Top Investor Posts

Top Posts
Posted at 19/4/2024 12:33 by loglorry1
I've been adding to my short recently. I'm only quiet because there's nothing more to say. Either JW talks the Gov into bailing out shareholders and Riverstone in which case shares will go up or else they'll just run out of cash and have to do some sort of restructuring.

I don't think this or the next Gov will use tax payers money to support private shareholdings. It's just not how UKEF works.

This is what Hunt recently said:

UK FINANCE MINISTER HUNT: UK WILL NEVER INSURE INVESTORS AGAINST BAD DECISIONS; THAMES WATER NEEDS TO SORT OUT ITS OWN ISSUES
Posted at 11/4/2024 17:09 by xenor
I expect finance will come before the 2023 results, so I doubt that. I'm not worried about these results anyway, they aren't going to be like last year where the 2022 revenue was awful and losses were gigantic. I'm expecting a slight revenue miss but that was announced in November and now priced in.I'm not seeing any evidence that investors are scared, it's up around 20% in the past two weeks.But yes, you are right that the company is doing work on cruise ships and getting paid for it. I hear we're also renting out the yard to house the Sea Rose and getting paid for that too. How amazing is that? I'm glad that you are figuring out how business works.
Posted at 11/4/2024 16:00 by john mcinnes wood
Xenor - Wait until 2023 results are announced, you will have ample opportunity sub 10p.

Cash didn't run out, they took more from Riverstone - how else to fund a new ferry service?

Don't forget the finance deal is now 18 months in the making, JW waiting for the best deal apparently (read as no money on the table, the company debt has scared away investors / bankers).

Total pig's ear of a business, maxed out the company credit card, fooled the current shareholders with new projects that have gone quiet and Belfast renting out the dry dock to cruise ship upgrades because they have no work.
Posted at 08/3/2024 00:24 by xenor
Chinahere, you are an example of why most private investors lose money. If you can't comprehend the idea that companies bid for work in order to generate revenue and profits then perhaps you should leave it to the big boys and stick to ETFs.Then again if you believe the shorter crew on here then you'll be gullible enough to think the company is purposefully signing loss making contracts in order to go bust.That's not how business works.
Posted at 07/3/2024 23:21 by linesal2
as an investor you look at multiple factors, then ascertain the risk ratio, I see a company with + 1£ Billion of contracts and a resource that is desperately needed, a climate that also is only going to increase demand. Then you look at the current market cap £17.13M. Harland and wolff is a no brainer in my opinion only held back by the shorters desperately slagging off any contract or positive release, I have been here long enough to ignore those prix and am 1000% certain to have the last laugh!
Posted at 06/3/2024 08:46 by loglorry1
Feels like they are ramping the equity for a keep the lights on raise to private investors who are daft enough to give them any cash. Why not milk them for a few pounds? I'm sure Riverstone would be keen for any sort of equity raise at this point.
Posted at 03/1/2024 13:43 by loglorry1
I'm sure UK Gov (Labour or Conservative) will want to see HARL survive and thrive as do I. I'm not sure why any Gov would allow Riverstone (and current equity) to walk away unscathed and bailed out by new funds backed by the government. Riverstone and equity holders are looking like chumps for backing HARL. Why should tax payers foot that bill and make them whole? Can you give me any examples where that has happened?

They may be willing to back an UKEF loan once Riverstone has been swapped to equity and the balance sheet restored. This makes much more sense and is exactly why UKEF has to look at each situation and make sure they make lending decisions on a commercial basis.

Also I'm not sure where your argument ends? How much bailing out does UK Gov have to do each time jobs are in danger? I think really what you want is the UK Gov to make your shares worth a lot more.

As a tax payer I've no problem with the Gov backing loans as long as the existing investors both equity and Riverstone take a lot of pain first for their bad or unlucky decisions.
Posted at 31/12/2023 14:14 by spudtheplumber
John Wood has told many rooms of investors many things for many years.SP performance is telling of how many have believed him in the end.Years of fugazi RNS.Let's see if 2024 is any different.....
Posted at 31/12/2023 12:26 by jaknife
Equally the company's "narrative this entire year has been":

We're going to do a big finance deal to raise £200m.

As recently as 29 November John Wood told a packed room of investors that they were on course to complete the financing by 31 December. How on earth could he do that? It turns out that:

1. On 29 November they hadn't even appointed a lead arranger bank
2. They hadn't completed the bank syndicate
3. They hadn't even started drafting the loan documents on 29 November!
4. They hadn't agreed the security package with the banks
5. They haven't even agreed the most rudimentary of basic terms such as what interest rate should be paid!!!!

John Wood told a pack of lies in that 29 November meeting.

It turns out that there's no agreement to do anything whatsoever other than:

"it has sought and obtained permission from Ministers to advance negotiations"

HARL have made zero tangible progress in moving the loan deal forward.

JakNife
Posted at 05/4/2023 08:17 by oakville
Harland & Wolff Group Holdings PLC

05 April 2023

5 April 2023

RNS Reach

Harland & Wolff Group Holdings plc

("Harland & Wolff" or the "Company")

Announcement of Spring Investor Event in London

Harland & Wolff Group Holdings plc (AIM: HARL), announces that John Wood (Chief Executive Officer) and Arun Raman (Chief Finance Officer) will provide an investor presentation on Monday 17(th) April at 6.30pm at America Square Conference Centre, London.

The event will be an opportunity for investors to meet the Company's leadership team, discuss operational progress and ask questions.

The event is open to all existing investors and will consist of a presentation, Q&A session, followed by networking.
To register for the event, please email investor@harland-wolff.com .

The Company may seek to hold further such events in Leeds and Edinburgh, further details of which will be announced in due course.

For further information, please visit www.harland-wolff.com or contact:

Harland & Wolff Group Holdings plc +44 (0)20 3900
John Wood, Chief Executive Officer 2122
Seena Shah, Head of Marketing & Communications investor@harland-wolff.com
media@harland-wolff.com



About Harland & Wolff

Harland & Wolff is a multisite fabrication company, operating in the maritime and offshore industry through five markets: commercial, cruise and ferry, defence, energy and renewables and six services: technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion.

Its Belfast yard is one of Europe's largest heavy engineering facilities, with deep water access, two of Europe's largest drydocks, ample quayside and vast fabrication halls. As a result of the acquisition of Harland & Wolff (Appledore) in August 2020, the company has been able to capitalise on opportunities at both ends of the ship-repair and shipbuilding markets where there will be significant demand.

In February 2021, the company acquired the assets of two Scottish-based yards along the east and west coasts. Now known as Harland & Wolff (Methil) and Harland & Wolff (Arnish), these facilities will focus on fabrication work within the renewables, energy and defence sectors.

In addition to Harland & Wolff, it owns the Islandmagee gas storage project, which is expected to provide 25% of the UK's natural gas storage capacity and to benefit the Northern Irish economy as a whole when completed.

Your Recent History

Delayed Upgrade Clock