Harland & Wolff Share Discussion Threads

[skinny] 09/11/2024 13:55

Sadly very true.

Pandora's box well and truly opened :-

[owenski] 09/11/2024 13:51

There's a reason why HW failed in the first place and currently again, economic viability. What's ironic is that, even though it's loss making, the greedy unions were holding out their hands for more pay.
300m isn't small change either, it's yet another outgoing on top of the ship build contract.
UK government seems clueless in awarding and selecting contracts, this was a failure right from the off and would've been more cost effective to just hand the whole contract to an established proven entity - Navantia - in the first place.
Rescuing and bolting together four under utilised yards was a flawed concept in the first place, there seems to be no business experienced people involved in setting up these Gov. awarded contracts.

[skinny] 09/11/2024 12:16

From the 5th :-

[bobaxe1] 28/10/2024 11:52

The Armada has last laugh

[ozzywalker] 28/10/2024 09:49

Goodbye my lover

[htrocka2] 13/10/2024 15:11

No luck for shareholders...but nice to see Harland and Wolfe and it's workforce survive.

[casholaa] 03/10/2024 20:10

Labour & Starmer? What about workin conditions? Can't have workin conditions without work! H&W should be subsidised.

[seagreen] 03/10/2024 19:03

JK
Thanks
SG

(I did listen eventually and in time (ish in all 4 stocks)

Mucho Gracias with tugging on the forelocks

[htrocka2] 26/9/2024 13:11

The story continues....




....End of thread...

[htrocka2] 17/9/2024 15:04

The life boats have been launched..

[sonofapeach] 16/9/2024 23:27

Oh, hello, Xenor and chums. Who is making a "teary" post now?

[iceagefarmer] 16/9/2024 18:21

alot of jobs at stake..surely government will step in

[pippa pinkerton] 16/9/2024 17:38

I hope the wolf is going to be ok

[terminator101] 16/9/2024 14:49

Terminated. Sad day for the rabid gerbils.

[skinny] 16/9/2024 14:20

Back to the future then.....

[jaknife] 16/9/2024 14:19

iceagefarmer,

"wheres john wood now?? epstein island?"

According to the FT he's preparing to bid for the assets:

Harland & Wolff appoints administrators to wind up company


" John Wood, the former chief executive who rescued the company out of administration in 2019 before exiting at the end of July, is in talks with financial backers about putting together a bid, according to people familiar with the situation."

[williamcooper104] 16/9/2024 13:57

Would be a bit silly as it's likely any proceeds from suing directors would go to the company and its creditors first The liquidation equity would appear to sit more with HARLs customers who it looks like had their deposits spent on supporting HARL - looks like they have - whether HARL was able to do so legitimately unclear