Harland & Wolff Share Discussion Threads

[tomboyb] 21/7/2024 07:30

Harland & Wolff lines up administrators after £200m taxpayer bailout is rejected
Vulture funds circle with shipyard owner behind the Titanic on the brink again

Sunday July 21 2024, 12.01am, The Sunday Times

[mortal1ty] 19/7/2024 22:57

I did warn everyone here... Crazy they called me.

[traderplat] 19/7/2024 19:09

How much did you lose? Just to see if I can console myself

[weaverbeever] 19/7/2024 17:40

Lost my shirt on this. Bought during the hype. Bet big. Lost big. Years wages big

[owenski] 19/7/2024 15:50

I thought it might have potential back in 2022, but changed my mind when the financials were available, I've been uber bearish on it ever since.

[koti4] 19/7/2024 15:39

Very sad, I was tempted but just caught my breath when I saw the debt mountain, fingers crossed that they get through it but current shareholders look like it will be a total wipeout or near enough

[owenski] 19/7/2024 15:31

Oakville, you have a lot to answer for -

"wiltowin5 Mar '24 - 08:45 - 4847 of 5261

Took your advice Oakville and bought 200,000"

[ijamlon] 19/7/2024 15:30

5? 1-2 at best

[ijamlon] 19/7/2024 15:29

I am sure many of the rampers were connected to the company. Keeping the shareprice alive for rights issues was a vital life extender and pocket liner for management

[owenski] 19/7/2024 15:27

Sub 5p on the cards if it relists.

[ijamlon] 19/7/2024 15:22

Fitting that John Wood's final act as CEO was a totally misleading head-in-sand RNS to the shareholders whose pockets he has been picking from day one until the moment they were empty.

[iceagefarmer] 19/7/2024 15:21

1p rights issue probably..the corrupt city boys shaft shareholders yet again

[oakville] 19/7/2024 13:33

How sad. I held and lost a bit when selling a few months ago but feel for the many PI's who have been left with nothing.

[blakesmith] 19/7/2024 13:17

Government said no

[norfolkngood1] 19/7/2024 11:40

Yes plus a statement in parliament on Monday. This will be to protect the government contracts but there's no way this will be good news for shareholders. These shares will never come out of suspension and the company will be broken up.

[jaknife] 19/7/2024 11:10

The FT seems to suggest that the fat man going is a condition to Riverstone advancing another £20m loan.

[ijamlon] 19/7/2024 10:54

People think Riverstone extending yet more debt to a massively loss making firm at 15% interest is a positive. Maybe for the workforce, which I am truly happy about, but what little existing equity is left is certain to be drained to nothing if it hasn't been already. Make no mistake, Riverstone will own 100% of this company.

[spudtheplumber] 19/7/2024 10:44

Looks like the chubby guy has quit....

[wiltowin] 19/7/2024 08:46

I'm certain the labour government knows that.