Harland & Wolff Share Discussion Threads

[xenor] 31/12/2023 11:57

Those two had more red flags than a Chinese military parade, they were basket cases even two years ago with clear indications that the CEOs didn't care about their shareholders. People get too attached to shares. I have always maintained the view that if HARL did a placing at this level or took out CLN debt I would sell the lot.In the current market it is certainly easier to predict shares that will fall than those that will rise. Most companies on my watch list since early 2021 are significantly down with several gone bust or about to. It's a difficult market and picking winners is hard. Share Prophets have had an easy time in a brutal bear market but they aren't going to be right every time. Their followers can't accept that.Once the finance deal here is signed with zero dilution the bear case here can be put to bed and shareholders can enjoy the ride to profitability and growth. It's not risk free right now, hence why the share price is 13p and not 23p. Those who believe the latest RNS will be rewarded. In the meantime we look forward to a positive judicial review outcome in early February for IM.Last post of the year from me. Good luck all and let's hope AIM enters a bull market in 2024.

[loglorry1] 31/12/2023 08:44

"Big placing coming. Imminently running out of cash....Shareholders will get wiped out.....They have all been wrong."


You mean exactly what happened recently in HE1, COPL and many other examples?

[xenor] 31/12/2023 01:58

The Share Prophets narrative this entire year has been:Big placing coming.Imminently running out of cash.UKEF will say no.Shareholders will get wiped out.Countless blog posts hammering down these points from almost the day the FSS contract was announced.They have all been wrong.How many people have sold their shares at a loss because of these? There were people selling in the 8s in July.It wouldn't surprise me if the posts are sponsored. It's quite often the case. I run a gaming blog and I constantly getting emails offering paid blog posts.Share Prophets might be right on some shares but they are wrong on this one. Some of their correct bets were easy ones. It wasn't difficult to see where the likes of COPL were heading for example.I'm all for listening to the bear cases, but they need to be backed up with fact, not fantasy.

[loglorry1] 29/12/2023 23:17

@seagreen it's called "front running" not "a concert party".

If share price are so completely hopeless, as you suggest, they'd loose money by front running their useless short tips anyway and soon be bust. They'd be far better off front running bullish tips like Vox and get paid by the companies for promoting their stocks just as Vox do.

They'd also be daft to put the tips behind a paywall as if front running they'd want as bigger audience as possible just like Vox markets.

Food for thought.

[loglorry1] 29/12/2023 23:13

chrisatrdg, how much money on capital returns and dividends has HARL earned you in the last 12 years since you have been invested?

Getting recs on LSE is easy. Just write a load on confirmatory bullish comments. You are confusing being right with being popular. The people you are popular with have probably been invested a long while too. If so they have also lost a packet but at least you have each other and you can tell each other how right you are online and feel popular together.

[john mcinnes wood] 29/12/2023 18:22

chrisatrtg - What happened to your prediction on LSE, 18th Dec 2023? New financial deal and 20p share price.

If the financial deal is ever completed JW becomes expendable, the bank consortium will have a seat on the board and will not entertain his management style. He will be history in 2024 & Arun will follow.

[chrisatrdg] 29/12/2023 16:38

I have been invested over 12 years & attend AGM's etc etc & I feel I have a better understanding than those who wish to post negative posts about todays RNS.Please note my post this morning on LSE & note I now have 15 recommends - QED.


Chrisatrdg
Posts: 3,147
Price: 11.50
Strong Buy

Ministerial approval given per RNSToday 07:28

'In my opinion JW has achieved the target of getting ministerial approval to proceed. With a 100% guarantee being given by the Government which is normally 80% it shows confidence by this Government in H&W. Clearly the target of being under a rate of 10% has been achieved.With clear Government backing I am confident that the final approvals for the finance deal will be achieved in January 2024.The market reaction this morning will decide if I am right with my assertions. Well done to JW & his team.'

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[loglorry1] 29/12/2023 16:09

I'd agree with you about share price except by and large their bearish calls are almost always right.

Evil Bankster in particular has a very good hit rate.

I get you don't like ppl writing negative things about the stocks you have bought and I understand why. However, that has no baring on your chances of making money. If they write the truth and provide good references to support their arguments then I'd take them very seriously.

If someone can explain to me why a stock I hold is a lemon I'm very interested to hear it.

If all you want is confirmation then you'll never succeed IMHO.

[xenor] 29/12/2023 13:58

The short crew are getting desperate now to try save their reputation. How long before they publish an article titled "JW is just a liar don't listen to him!"Eventually that deal is going to land and they won't know whether to close their shorts first or delete the blog posts they have written full of false information.One thing is for sure, they won't be back on this board owning up to their mistakes.

[jaknife] 29/12/2023 12:06

Is Harland & Wolff playing chicken with its lender Riverstone Partners?

[wiltowin] 29/12/2023 11:40

The group’s brokers have a 45p ‘sum of the parts’ valuation out on its shares.

They estimate that the company’s losses will fall to £45.5m (£70.3m loss) for the 2023 year, then almost halving again in 2024 to a negative £23.5m.

In 2022 the group’s revenues were just £28.0m, this year they are expected to have almost quadrupled to £100.om, while £200.0m of business is expected in 2024.

It really does look as though Harland & Wolff is getting its act together – will its shares react similarly in 2024?

From UK Investor 1hr ago.

[loglorry1] 29/12/2023 09:51

You are right Baroness Michelle Mone OBE. A fine example of someone who can be trusted.

By the way warrants were never expected anyway. What was expected, now almost a year late, was a £200m loan agreement. Has that happened?

I'm also reading the RNS. Does it say the loan has been agreed? Have months past since we were told the loan was in "advanced stages" only to find out today we don't even know who the banks are yet!

[loglorry1] 29/12/2023 09:29

Nothing stupid about CEO John Woods statement. It is exactly what I would put out if I had made no progress and wanted to support the share price to get an emergency raise done to buy some time.

Why is his neck on the line anymore by putting this out than otherwise? If the truth is, as suspected, that they have made no progress, have no term sheet, and don't have any chance of getting the £200m they so badly need and he was to say that then surely he'd have his head chopped off.

You statement makes no sense. It is entirely rational for JW to try to hide the truth. He has almost no equity skin in the game and a very large salary and bonus to protect.

The financing has been delayed almost a year now and you think it is on the brink of being signed even though the RNS today gives no timelines to that end.

[owenski] 29/12/2023 09:21

The CEO might not be stupid, he relies on the shareholders to be though.

This is just noise with no additional substance.

[seagreen] 29/12/2023 09:18

The Company also reports that no warrants are expected to be issued to the Banks or UKEF.

[seagreen] 29/12/2023 09:18

No way the CEO would put his neck on the line and risk the compaany imploding unless he was relatively sure and had not had preliminary talks and sought assurances.

He might not be the most glamerous of CEO's but he is not that stupid imho