Harland & Wolff Share Discussion Threads

[tomtum1] 08/11/2021 07:11

So turnover 10 million and loss of 12 million? Placing on the way

[waterloo01] 08/11/2021 07:05

Excellent x 2

[tomtum1] 07/11/2021 00:00

Well generally speaking a ship building company should have orders.

[htrocka2] 06/11/2021 21:53

'Any actual shipbuilding orders yet? Didn’t think so.'

Who needs ship building?...My concern is that they'll not be able to handle the volume of work in front of them.

[ijamlon] 05/11/2021 06:28

Haven't been here for a while since I bailed out, was interested to see reaction to latest results. Personally surprised to see the share price holding up rather than at a new low. My take is as it always was, the value of this company is whatever a major might possibly pay for the Marine License. The rest of the business, as reinforced by results, will never make money (for shareholders), and has a negative equity value. Revenues are not profits. Shareholder, many of whom are ship and engineering enthusiasts, will get taken for granted and asked to pour money into the gap, and managers have a big first lien. As an aside, Wood's statement opening about being able to meet clients face to face was almost exactly the same excuse used by Keir Starmer for his leadership and polling failure. My guess is that facetime isn't going to be the magic bullet.

[oliversanvil] 02/11/2021 10:09

Buys in the sell column ?

[this_is_me] 01/11/2021 12:10

A disappointing reaction to excellent news, however a definite buying opportunity in prospect if it falls further.

[tomtum1] 01/11/2021 08:15

What a shambles . That cash burn.

[this_is_me] 01/11/2021 07:52

Getting rapidly, from a standing start, to cash breakeven and then EBIDTA positive is a huge achievement and shows the huge potential. My very small investment, up over a third already as part of the 10 bagger or bust part of my portfolio, is already starting to look very good and, perhaps, worth adding to.

[this_is_me] 01/11/2021 07:28

What's not to like?

-- Directors believe that the Company will achieve a cash break-even on an annualised basis by the end of the current financial year (31 December 2021) and will be EBITDA positive in 2022.

-- 31 July 2021 marks the end of the period of major upgrades across all the yards; Harland & Wolff is now accelerating operations and has changed its focus from re-establishment of the yards to converting a substantial pipeline of opportunities into contracts.

[skinny] 01/11/2021 07:06

.



The last paragraph :-

Going into the second half of the current financial year and into the next year, we expect to have greater visibility and certainty of monthly cash flows. The company currently has no long-term debt in place, and with greater regularity of cash flows, we recognise the Company is more attractive to the corporate debt market. We are in discussions to structure a group revolving credit facility that we will be able to draw-down on as and when required, especially to fulfil the working capital requirements of larger contracts. It is the Board's view that the Company will benefit from having the ability to draw-down debt on an ongoing basis as the Company scales and wins larger contracts.

[oliversanvil] 31/10/2021 11:28

The future is already here. Over the summer Transport for London introduced 20 new hydrogen buses. The new hydrogen fuel cell double decker buses are on route 7 between East Acton and Oxford Circus. They are fueled once a day. It takes less than five minutes.The buses were manufactured by Wrightbus in Northern Ireland, and the gas cylinders are manufactured by Luxfer in Nottingham. The hydrogen for the buses is currently being produced at Air Liquides plant in Runcorn, harnessing waste hydrogen as a by-product from an industrial chlor-alkali plant. Oxford-based Ryze Hydrogen is responsible for transporting the fuel to the fueling station. From 2022 the hydrogen will be even greener as it will be produced by electrolysis powered by a direct connection to an offshore windfarm.

[mcbull] 29/10/2021 14:30

Would like to see Green Hydrogen made by wind power and stored in salt caverns mentioned at COP 26.......

[oliversanvil] 28/10/2021 16:20

The sleeping giant awakes!

[bibs] 27/10/2021 14:15

There will be, there is potentially monumental growth prospect here.

[livewireplus] 27/10/2021 14:06

From todays Budget :Ageing Border Force vessels will be replaced by new cutters as part of a £700million investment to improve the safety of Britain's borders. Just a thought - work for H&W ?

[yus777] 27/10/2021 13:22

big buyer in background

[yus777] 27/10/2021 12:06

could easy be a top gainer this week new recent highs not much stock available

[yus777] 27/10/2021 12:03

great stock nt trade only should see market cap to 47 million

[yus777] 27/10/2021 11:58

looks like 43p beckons gap to fill

[yus777] 27/10/2021 11:56

and another delayed 125k buy

[yus777] 27/10/2021 11:55

109k buy at 27.5p

[mcbull] 27/10/2021 11:04

Onwards and upwards until 30p and then bring on COP 26 and National Strategic gas storage Plan.