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Stena Europe heading for open seas will be interesting to see what happens next.
https://www.vesselfinder.com
Edit: With regards the SP it will wax & wane until we get a positive RNS on anything let alone the ML.
Now might be a good time for the chairman to get some skin in the game?
Looks like we are getting support at 0.40 and the PIs are still hoovering up. Hope that continues and we keep this defence up until next update.
is still about but we will have the last Laugh! soon
Being a fairly sheltered spot off the coast at Bangor (NI) or Ballyholme, its a popular anchorage for the bigger ships and tankers prior to coming into Belfast port. As Tango said, it's maybe waiting for the other girls.
There's no way it would be coming into Bangor itself as there's no facilities there capable to handle a big article like Viking Sun.
She'll create a bit of interest if anchored there as the anchorages are fairly close to shore and viewable along quite a long stretch of coastline there.
Found this link that may be useful ..
Https://www.cruisecritic.co.uk/articles.cfm?ID=521
No Idea, just trying to understand why they would circle for 2 days? I got no other reason and fuel does weigh heavy.
I know they said a 10 year survey- Hope it don't take 10 years :-)
Carnival Magic has just been doing massive circles for the last two days off Truro, maybe burning the fuel off before dry docking? must be costing them a fortune..
Well it states Bangor on it's destination but close enough, probably wait there for it's sisters :-)
Looks like Viking sun is on it's way back..
Whatamess- I posted that yesterday but it could be a week each- that IS several weeks. but the link to the H&W twitter feed yesterday stipulated Europe was getting ready to leave and the three cruise liners were still their. Must have been confused or something as Europe's gone nowhere other than further down the Bed.
Only Viking Sun has left. It is now just west of the Isle of Man. Both Viking Sea and Viking Sky remain. Stena Europe is in the dock.
Hi whatamess - I agree looking at the current ship positions both ships are outside the dock we wait and see but clearly one is now in dock.
Great image under our iconic Gantry cranes at Harland & Wolff in Belfast.
https://twitter.com/JohnWoo64494325
Marine82, it is in the financials section of the Cenkos research note (link on a different feed). Given we’ve just seen a new contract won at £2.5m along with the activity earlier this year projected at £2m (based on the number of vessels announced at £2.5m), then add in the obscene numbers when you move from Ferries to Cruise ships, I’m very confident we will hit breakeven.
Yep, very good points Dieselhead
If this figure of £700k a month is accurate then we may have to raise more funds in the immediate future. Those sort of overheads equate to at least a turnover of £15-£20M to be in the black. How have you arrived at this figure?
Cenkos broker note Droderick
https://www.niferry.co.uk/video-stena-europe-in-belfast-building-dock/
The 700k per month is the cash running costs Of H&W. More than half of this is for labour. Also included are maintenance capex, rent and a variety of other costs including utilities, business rates, insurance, and site security.
Where did you get the 700k per month number from Spud?
Diesel, nice to have a decent holding I will continue to add as and when ,med /long term rewards here ,fundamentals look very good imho
It really wouldn't surprise me to see INFA tipped in one of the daily/weekend papers soon, especially as there will be people looking to invest in companies who will benefit from the present situation such as INFA. This is an excellent turnaround opportunity, not without its risks of course, but JW looks to have built a superb team during the past couple of incredibly tough years and the company and it's workforce and patient shareholders deserve to be rewarded. The whole team I am sure are working their proverbial backsides off to make the company a success and I am quietly confident it will happen. I will continue to be patient.....
Hi Cookiecrew, thanks for your quick reply. I too am tempted to add, but hold what is for me a substantial amount and have been adding from 1.87 (yes, a couple of years ago!) down to 0.25. I want to see the ML confirmed before adding more.