Harland & Wolff Share Discussion Threads

[garbetklb] 21/2/2022 21:38

Really? I don't actually think so.......

PS I'm being a bit pedantic. But factual.....

[diku] 21/2/2022 21:23

They go hand in hand...

[garbetklb] 21/2/2022 20:41

I imagine that if there are "contract" announcements to come, they will be followed a couple of weeks later by a placing.

I've put contract in "" very deliberately. As anyone who cares to look will understand......

[c2b] 21/2/2022 18:26

Whatever the situation an honest update RNS is required. Directors' Remuneration is an issue which writers on this board bring up time and time again. We appreciate the efforts going in to develop this business but until orders come in careful budgeting and some sacrifices are required.

[c2b] 21/2/2022 18:18

Well on last Wednesday's private investors' meeting in Belfast Arun Raman GCFO assured us that the group was approaching cash breakeven, that the Belfast Ship Repair business was profitable, and that no further placing was planned. He said that there were orders that they hoped to announce imminently together with a loan facility. Whilst a future placing could not be discounted it would only be to capitalise new orders. Staff numbers have apparently grown to 450 with some 300 directly employed. There is still some debate as to what to do with Islandmagee and what it might be worth. A Northern Ireland ferry was in the Repair Dock with another queuing to get in. A LNG tanker was waiting to get into the building dock. Cash tight I guess, but the number of trades today sre hard to explain.

[1alfi] 17/2/2022 16:54

the 900,000 has disappeared Oliver - was there as you said but now gone according to todays volume and didn't show up on charts.

[oliversanvil] 17/2/2022 12:40

900 000 buy or sell?

[si derman] 05/2/2022 09:42

Not opposed to getting shot of it, but it might be needed for a while yet.
If not by Harl, someone might be interested.
Courtesy of Spud.

[htrocka2] 03/2/2022 19:36

Flog off the gas storage subsidiary.

[ijamlon] 31/1/2022 16:56

Also worth noting, that cash flow for the 12 months to end July 2020 was negative £19.5mln.

[ijamlon] 31/1/2022 16:44

Makes sense, the only game left for them now is to flog the ML, then pretend everything is going well so as to buy time to pay a big slug of the proceeds to themselves. Eventually they'll take a generous redundancy package and sail into the sunset far away from their bankrupt shipyards and ransacked shareholders. They'll probably describe the whole episode as "a successful restructuring" on their CVs.

[ijamlon] 26/1/2022 23:37

My guess is they've got through about 2-3mln of the cash raised at the last issue. Another 3 months without something significant coming in and I would say the Titanic connection will start to look all too apt.

[oliversanvil] 10/1/2022 16:41

100000 sell --Got ya!

[milesy] 02/1/2022 13:41

Sloth - perhaps, but surely unwise prior to the much-delayed granting of the marine license

[thesloth2] 02/1/2022 09:08

I would have thought that Centrica would have had plenty of time to have taken a stake in the previous incarnations ( Portland Gas, Infastrata ).

[waterloo01] 30/12/2021 15:25

Bought a few over this week mainly based on renewed and urgent interest in gas storage. It's one of the key elements highlighted to gov by the industry.

Surely Centrica will take a stake in it at the least.

[burtond1] 28/12/2021 10:40

The Doc is back in town......but is @DDS_DocHoliday back for good?In the second of two podcasts Doc talks to @copytaster about some standout opportunities.#AET #BOO #CEY #CHF #CWR #FAR #GKP #GDR #HARL #LBE #ODX #ORPH #PDL #POLB #RKH  #SDRY #VRS #WIXhttps://total-market-solutions.com/2021/12/guest-interview-vol-13-doc-holiday-part-2/