Harland & Wolff Share Discussion Threads

[linesal2] 20/12/2023 16:37

interest will be lower 2024 but I want an update from the CEO if his timeline has changed.

[seagreen] 20/12/2023 16:12

interest rates moving in his favour,,,,smart move

[terminator101] 19/12/2023 17:32

Afternoon gerbilsWhere exactly is this replacement finance big John has been waffling on about for over a year. Maybe it's not going to be at the low interest he was going on About given how much of a massive risk lending to this massively loss making fugazi represents.

[john mcinnes wood] 15/12/2023 17:39

The saying 'no news is good news' does not apply to HARL. Expect a Friday afternoon 4pm RNS.

[linesal2] 15/12/2023 12:19

well only a few days of the 4th qtr left, is JW going to come good on his 4th qtr refinancing??? We will soon find out.

[john mcinnes wood] 07/12/2023 11:12

oakville - Funding news will be punitive to shareholders, sub 10p placing when it comes.

Last weeks spat with the auditors was not good news, a profit warning if ever there was one.

Probably no funding news until the 'offer' for IOSS has run its course.

[oakville] 07/12/2023 09:34

really need some update on funding here.

[si derman] 05/12/2023 00:12

Interesting concerns over Austal. fwiw, fyi....

[linesal2] 03/12/2023 10:01

well, 25% has to be spent in the UK and H&W has the biggest footprint and capacity so very probable.

[master rsi] 02/12/2023 22:06

Looking ahead maybe some work for HARLAND & Wolff .................

The Times: An £11bn project to build one of the world’s biggest offshore wind farms in British waters could start construction as soon as 2025 under a deal between the Abu Dhabi state-controlled Masdar and RWE, of Germany.

hxxps://www.thetimes.co.uk/article/be03f5a7-4913-462d-a17d-1abcaeaed8d4?shareToken=143f35dc36cb2241e04ef88a35edfe69

[linesal2] 01/12/2023 21:29

Well, we know JK stating the loan running out at the end of the year was a lie, Riverstone extended to April 2024, plenty of time to get re-financed and the word on the street is interest rates coming down in 2024 so even better opportunities are available as banks already lowering rates. Only fools rush in and only idiots listen to shorters. I can see 16-18p before financing is secured.

[spudtheplumber] 01/12/2023 17:18

Need a CFO who isn't bullied by the CEO perhaps?

[seagreen] 01/12/2023 14:18

Pathetic and juvinile FUD from the ususal suspects...the market appears to disagree LOL

So do I x

[linesal2] 30/11/2023 19:59

The market cap is only £20+M guys, think you are getting a tiny bit carried away...

[loglorry1] 30/11/2023 17:18

They are trying to tell us £20m of revs has been deferred to 2024 but 2024 guidance is still £200m. Surely 2024 guidance should be £220m. As if by magic £20m gone.

Bigger losses in 2023 if that could be possible.

[loglorry1] 30/11/2023 16:10

Is this the RNS saying financing is sorted...errrrmmmm...nope its a profit warning. You can't trust JW further than you can throw the big fat git.

[owenski] 30/11/2023 16:10

TU at 1600 and not 0700, bit of a red flag as is the read through that TU.

It'll all be alright because it's multi year, lol, setting the market up for a miss but it's all technical.

Bargepole.

[loglorry1] 30/11/2023 15:25

@SuperARich HARL have said many many times then need to raise cash in order to fulfil the contracts they have in 2024. Obviously John Wood wouldn't stand up and say without the financing they are screwed but its plainly obvious. Why do you think otherwise?

Nobody can raise cash in the market 2 weeks before Christmas again clearly obvious. Why on earth would JW say such a think when promoting his shares?

They might have enough money to keep going into January who knows but it must be very tight.