Harland & Wolff Share Discussion Threads

[wynmck] 08/11/2023 09:24

MOU signed

[linesal2] 08/11/2023 07:14

Log, and when the new financing deal is released, you will come back and say they can't afford it. Basically, you are hoping the finance deal does not happen as it will scupper your short once and for all. Funny how you and Kevin start posting more now when new contracts are released, trying your hardest to scare any potential shareholders. The debt they have is financing the growth so in my opinion is good debt but do agree the finance deal is the one rns that will determine direction. the finance deal is expected this qtr so any day now.

[loglorry1] 07/11/2023 22:41

I simply asked when HARL will run out of cash and not make payroll.

This they themselves have said will happen, based on current forecasts, unless they raise fresh capital.

You seem fixated with Share Phrophets. It has nothing to do with what I'm writing. Instead just pull the company accounts and it's easy to see why they will run out of money based on their own broker forecasts and cash position. A fact that they themselves highlighted in their going concern.

Do you think Share Phrophets wrote the HARL accounts and broker notes?

They simply cannot trade their way out of this situation and so now we must ask who will put in the required investment and how can equity survive that.

[wiltowin] 07/11/2023 21:00

From IrishNews today

Belfast shipyard owner Harland & Wolff cracks America with first order.

Harland & Wolff Group Holdings has been active in building its pipeline of opportunities in the USA, and it says further announcements will be made as the company progresses to contract in due course.

[linesal2] 07/11/2023 14:51

Log you had your collar felt with the fake bid @ UPL YET?

[loglorry1] 07/11/2023 09:53

I have no clue what you are wittering about seagreen. I just look at the accounts and the terrible performance, horrible debt load and continued very high cash burn. I know you prefer to just try to bully people via personal attacks. I don't mind one bit but it won't change the outcome for current HARL holders at all.

[seagreen] 07/11/2023 09:07

Good morming log the lap dog....I think you may be a tad wrong ,,,best to close your short and go long .....even Evil is telling his chums he no longer finds the witterings of Share Profits are no longer compelling and are increasingly desperate why not call him....

[loglorry1] 07/11/2023 08:31

More desparate RNSs from HARL. They'll run out of cash by year end without getting the finance deal done. I also think they are very likely to miss their £100m sales target for 2023. Clearly they have been sitting on this non-news for a while cos you don't start fabrication before a contract is signed.

[wiltowin] 07/11/2023 07:48

This American contract win could get us some good auld investors from across the pond, Yee Ha!

[linesal2] 07/11/2023 07:07

1st contract from the USA, well done HARL, is this going to be a "contract a day" week.
definitely more to come as it is contract season.
all coming together nicely.
The Financing deal end of the week would be the cherry on the top and the fuse paper is well and truly lit!

[skinny] 07/11/2023 07:01

First Contract Win by Harland & Wolff (USA)

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that its recently opened Miami based office has been awarded its first contract for circa $1.5m to support TampaShip (part of the Edison Chouest Group, based in Tampa, Florida) in the completion of the construction of a floating dock for the Bollinger shipyard facility in the Gulf of Mexico. Fabrication works have commenced and are expected to be completed within the next three months .

The Company is very active in building its pipeline of opportunities in the USA. Further announcements will be made as the Company progresses to contract in due course.

John Wood, CEO of Harland & Wolff Group Holdings comments:

"I am delighted that we have signed our first contract in the USA within less than six months of establishing our business in Florida. The North American opportunity is substantial across all our five markets and our new team is working hard to convert these opportunities into firm contracts, not only for the US business itself, but also for cross-border transactions between US clients and our facilities in the UK."

[seagreen] 06/11/2023 09:39

I find the Share Prophets mob's lies increasingly uncompelling 8-)

More contracts, more hiring, the investment case for a full recovery and tuck away in an ISA is becoming compelling...

[linesal2] 06/11/2023 07:34

That is the only tool in his armory. Nothing he can do is going to change the direction of travel, but he will be seeing his short going against him. Wander if he can hear the calling "it is his margin"!

[skinny] 06/11/2023 07:14

An early start for the resident 'down marker' !

[linesal2] 06/11/2023 07:07

Another nice contract, an additional contract is also demonstrating good workmanship and confidence in the company. More to come!

[skinny] 06/11/2023 07:01

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that it has been awarded a further ten barge contract from the Cory Group for a total value of GBP8.5 million. These ten barges are in addition to the existing two contracts for the build of 23 barges that were awarded in 2022.

The barge programme continues to proceed apace with the work fulfilled across the Company's sites in Belfast, Methil and Arnish. Eight barges have been delivered to date and the Company is expected to complete the entire programme by H1 2025.

John Wood, CEO of Harland & Wolff Group Holdings comments:

"I am delighted that the Cory Group have contracted with us for the build of a further ten barges following the ongoing delivery of barges under the original contract. With three sites within the Group now fabricating for Cory, this has given us the opportunity to de-risk the contracts and provide optionality to both the client and ourselves. More importantly, every fabrication contract gives us the ability to add greater levels of vigour to our processes, protocols and methodologies ahead of fabricating for the FSS Programme. I wish to thank Cory for this additional opportunity which demonstrates their confidence in our work."

[linesal2] 04/11/2023 08:48

Harl stated 4th qtr for funding and we are in the 4th qtr, why get a loan before it is needed and pay 2 loans, far cheaper to let the first one run out, then start the new one, and pay off the old one at that time. Don't worry about us investors we totally understand what the risks are and what the opportunities are. Or are you just trying to scare the shareholders to try and encourage selling to protect your pocket money short? get yourself a cash isa now interest is better, safer than shorting HARL.

[ramlamb] 03/11/2023 21:54

2022 Accounts now filed - Material uncertainty as company reliant on agreeing funding deal (only taken a year so far) & ONGOING FUNDING ACTIVITIES (read as share dilution).

[bronislav] 03/11/2023 15:13

Killik transferring their remaining holding and someone picking them up is a big positive and is concerning island magee.

[loglorry1] 01/11/2023 09:46

Looks like more desparate sucking up to politicians in the hope of trying to get their lending backed by gov.

The great thing about politicians is that they are happy to smile and take the credit for creating jobs but when the application goes into UKEF it will be hard nosed accountants looking at it and that's why it has never been approved.

Worth remembering the jobs are created anyway. If HARL doesn't get lending approved the projects will likely go ahead anyway. The owners of HARL will be completely different that's all.

Love and besos - woof.

[seagreen] 01/11/2023 09:41

Mr Sarwar met some of Harland & Wolff’s rapidly expanding workforce, which currently stands at 925 employees. He was also introduced to apprentices and was able to see first-hand, how Harland & Wolff is creating secure and high-quality opportunities for young people and breaking down barriers to opportunity.

Does not look like they are struggling to meet payroll as per Log the dog ?