Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Strange antics.
Just seen the RNS looks like at least some of the selling on Monday was Killick
Hmmmm... I’ve just read disclaimer, ignore my previous post, just my own thoughts!
Pacman. Can i ask what presentation you're referring to ? I've previously read that Patricia is going out of service but haven't seen anywhere about a potential replacement.
As for Trinity House, they have a history going back around 90 years with Harland and Wolff. A & J Inglis, the Glasgow shipbuilders (owned by Harland & Wolff from 1919) built 3 vessels for Trinity House in the 1930/40's (link below).
http://www.theyard.info/ships/list_ships.asp?name=&built=&vessel_type=&launch_date=&Owner=trinity&fate=
I've also popped a link on for a site on H & W http://www.theyard.info/ . I've put the link on previously for this site (but have done again now for any newbies here). It's a great source of historic information for anyone interested in the history of H & W. It includes an inventory of every ship built there as well as other builds in the shipyard.
At one time H & W was building all sorts of things including planes, trains and not quite automobiles, but tanks. The site is an interesting read, and it's even worth going to for a look at the phoatties of the olden days in The Yard.
If I was a betting man, I’d go for “Patricia’s” replacement being our first new build. I do quite a bit of work for Trinity house, and know it didn’t sit well, amongst management that last two ships were built abroad . I see from presentation we are going for it. Just my own thoughts ;)
Fully agree Tango1. Investing in the right CAPEX now to reduce future OPEX through automation makes a whole lot of sense.
There are oodles of great green projects out there but the biggest issue is to manage system intermittency & how best to store energy efficiently .... CO2, H2, CH4, air etc as that is the key to managing the UK's variable power requirements. It will be interesting to see how we get through this winter in terms of price volatility and if it's a severe one possible power outages and/or demand side management.
I think gas storage is undervalued, especially if the gas is not methane so no emissions! If it is methane it can be stored and the CO2 removed upon combustion then you don't have quite the same demand for batteries which require mining operations across the planet to extract rare earth metals etc. This is the cause of lots of pollution and geo political troubles. There is no shortage of natural gas so if we can use it without polluting the environment it has to be at least a contributor to the way forward imho
EP UKI may also be interested - it seems they are converting to a gas fired power station and also have a focus on hydrogen and not too far away from what I can see
https://kilrootenergypark.co.uk/
It'll be interesting to see if there's any director, PDMR or PCA take up of the rights issue / excess shares.
It'll be a good sign going forward if there is. Hopefully there'll be a few RNS' to this effect in the coming days.
Nobby31- agree 100%, the fact JW is modernising the fabrication hall with an auto welding line must be there is significant work on its way. imo
This ends next week. At last!
Barring some significant new external information we can look forward to DAERA making a recommendation to the Minister within a few weeks; whilst this is Northern Ireland and the politics are somewhat impenetrable to the outsider, the decision ought to be driven by the facts and the prospects for this project to the benefit of the environment, the economy including employment opportunities. This will be a world-class fast response storage asset and the timing could not be better given the work being conducted on hydrogen storage and distribution, electrolysis from renewable power and decarbonisation.
Aside from the known names (Vitol, Fluxys, INEOS et al) I expect there will be numerous big names e.g utilities and energy companies that will be looking at either equity and/or capacity in this project. Gas prices are high, security of supply is a real issue, LNG isn't security of supply (it ships to where the price is best). The UK needs more storage at home.
Whether the BOD sell this project or deliver it themselves with all the synergies with H&W Belfast this is going to be a humdinger and that's aside from the contract awards we can expect during 2021 to keep the yards busy and profitable.
Steady, and very encouraging after placing, But the money was for improving the fabrication hall and yard and not to keep the lights on. Looking forward to the accounts especially the forward statement. Going to be an amazing year.
AIMHO
Posted by H&W on LinkedIn now. https://www.linkedin.com/posts/harlandwolff_madeinbelfast-hwbelfast-letsgetgoing-activity-6752205568066379777-z6YE
Stena Hibernia has a 16 day refit planned.
Stokey12, I think we should count on a video call again.
How will this affect the March Roadshow which will be in Belfast will we be able to travel to it or will it be virtual. I have a reservation at the Titanic for the 10 and 11.
Stokey,yes thats how i see it ,and maybe more news on holdings tommorrow we hope ,indeed getting intresting now
Bubble2021 I presume that the RNS relates to the first tranche of placing shares. A clear vote of confidence from the clients of Killick & Co. Tomorrow will be interesting.
Rns out ...
ThisTimeNextYeer thanks for your 14.04 post and the link interesting read.
After careful consideration i decided to not only take up the open offer at 45p but to also apply for 5 times my open offer allocation.
Doing this will increase my average.
This is something i do not normally do but such is the confidence i have in infa i’m prepared to take that risk.
No saying i will receive the allocation mind!
GLA
BTB
The link below gives a bit more info on weighted / unweighted pipeline definitions and some of the pros and cons of utilising this data in company forecasts.
https://www.propellercrm.com/blog/weighted-sales-pipeline
whatamess in relation to your 13.04 post my personal view is that both the weighted and unweighted pipeline figure. It stops a company saying we have a pipeline of £60m in tenders but realistically they would only win £20m in tenders. Using the weighted pipeline means that a more realistic view on revenues can be given.
BlueToff In relation to your 10.15 post the definition of weighted pipeline that JW uses as explained at I believe it was the 10 November Roadshow is those contract opportunities that they believe that they have a good opportunity of getting the business. The point of asking about the unweighted pipeline is that it gives an idea of the approximate win rate on tenders so if the unweighted pipeline is £10bn we can assume that the win rate is 20%.
I note that the weighted pipeline has gne up by £300m since June. (See the Cenkos initial reearch note.)
Stokey, Please explain your understanding of "weighted pipeline' ? Thanks.
The following is the text of an email I have sent to the company. Does anyone else have questions for the general meeting?
'In the 23 December 2020 RNS it is stated ‘As the Group stands today, the Directors have identified a potential weighted pipeline of £2 billion in contract opportunities between now and 2025 and believe there are near term revenue opportunities of £80.5 million and up to £825 million in the medium term.’
In relation to this statement can I ask the following questions for answer at the 13 January 2021 General Meeting.
1 Where it says near term revenue opportunities can you please explain the timespan you mean by near term as I have read this to mean Q1 2021.
2 In the same vein can you explain what is meant by in the medium term.
3 Are the figures mentioned cumulative so that the £80.5m is part of the £825m which is it self part of the £2bn weighted pipeline
4 What is the value of the unweighted pipeline'