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Great post Mr T.
You asked for a slam dunker?
UJO best be quick though.
Older
Yes fair post pretty much summing up where we are. However do you mean Jan 2019 not Jan 2018 as the shares outstanding Jan 2019 were circa 1.25M and the sp peaked around 1.5p? Therefore the shares in issue have not tripled since that occasion?
Also a valuation of 22M is not outlandish, in fact I could argue we should be around that price already, in fact if certain aspects had been achieved I'm pretty sure it would be?
As you rightly say though, delays, delays, the one word that will instantly crash the so of an AIM company.
Agreed not a slam dunk investment yet, on the other hand if you can show me one of those to invest in I will gladly take your advice lol?
Still a good investment prospect though which could return decent gins over the upcoming months, plenty of newsflow to come and if all the duck line up, well who knows where this could end up?
Mr T
Prophet Nazareme, has a ring to it
Europe is heading for disaster and they do not see it coming.
2008 will just be a blip compared to the biggest crash soon.
Enjoy what you have now otherwise lose the lot.
Yep fair post O&W
Let's see how it plays out.....
Lol
Hi spud.
Look, it's like this.
I really like the potential business model of Infa, the strategic importance of IM, the astute acquisition of the H&W assets as a going concern, and the technical sp set-up.
But.....
I really have a distaste for the tripling in shares o/s since January 18 2018, from 500mn to the present 1500mn, during which time the sp has peaked on a closing basis at 1.5p back then, down to 0.5p now. So, effectively, for all the hard work and preparation that JW has undertaken, INFA has NOT budged at all in valuation by the market. To get back to that lofty sp of 1.5p, INFA needs to justify a MC of £22mn.
Why the static valuation?
My view. Delays, delays, delays. Disappointing the market over several key issues: Chairmanship (why is it so hard, really, to attract the right calibre person, if INFA offers industry kudos to the right person, if IM works?); N FEED reimbursement by the EU yet (over 18 months overdue from initial expectations); No industry partner coming up with the necessary funds to solve the financing dilemma for a microcap AIM company (was on the verge of a deal back in Feb 2018, but nothing ever transpired. Why not?);
The latest Sword of Damocles hanging over INFA is clearly the 125mn or thereabouts of equity to be sold into the market just to repay the initial £0.5mn loan to buy H&W. That's another 7% of equity, to be followed by more equity-for-loans if the partner(s) don't come through.
Yes, there will be an almighty short-term sp rally on a long term industry partner funding rns.
Yes, there will be a good rally on permit approval after the Q4 hearings. Taken as a given that it will be a go-ahead decision. If not, watch out below.
So you see, it's not a slam dunk investment just yet. Hasn't been since Jan 2018, when a few stalwarts jumped ship and took good profits. It needs more than a PR exercise in a Belfast shipyard, or a Chairman appointment rns. It needs a clear strategy mapped out with a well-funded partner, to staunch the flow of greedy short term loan sharks, and their subsequent equity dumps whilst getting fat margins in the process. Needs must, and all that, but I loath and detest these bloodsuckers.
Sorry for the rant. I wish all genuine LTHs the very best here. Especially you two, Spud and Snowman100.
These CLNs may give you a great opportunity to get back in O&W.
Maybe got a month or so depending on quality of newsflow.....
I see almost everyone is in a self-congratulatory mode this weekend for the multi-bags that are to unfold here in short order.
Life is rarely so simple, I'm afraid, especially when a consensus of posters says so.
iF FID GETS PASSED IN DEC that would make my xmas nicer and everyones . Happy how i will trade this with my 50 per long and other half for trades . I dont want to jump the gun but i got a feeling its in the bag year end . .50 to 5p coming
The best investment quote I've seen comes from the legendary investor Peter Lynch - "The greatest advantage to investing in stocks, to one who accepts the uncertainties, is the extraordinary reward for being right". Hope it applies here!
I think he just doesn't want to spend the meal by himself with Dawski ; )))
JOKING!
Yep that was my reading Snowman
Unfortunately I have only a very modest investment radders......but I think JW maybe hinting that a whole raft of new heavy investors will very soon be moving in!
"UK power stocks surged on reports that the European Commission is set to reinstate a multibillion-pound scheme called the GB capacity market — the main government policy for “keeping the lights on”.
As part of the scheme, the UK government pays energy companies extra to prevent blackouts by making sure there is enough reliable electricity supply during times of high demand. So far it has paid out almost £6 billion in contracts, but the EU, which approved the market in 2014, reversed its decision last year while it investigated concerns that it breached rules on state aid.
According to reports, the commission is set to announce a final decision soon, possibly later this month, which would confirm the compliance of the British plan.
Payments which have been deferred while officials investigated the matter — thought to be worth £1 billion — would be released, although future aid might have different conditions attached.
That would be good news for SSE, which has told investors that it was owed £148 million from the scheme since its suspension. SSE shares rose 22½p, or 1.8 per cent, to £12.53, while Drax Group, which analysts believe is due about £75 million from past payments, jumped by 34¾p, or 13.9 per cent, to 285¾p"
I would want some of this! Great arena to be in at the moment
Tweet from JW “Getting the date in the diary for our annual TR1 Club dinner in November, wonder if we will have any new members this year”
Time to top up Snowman if you want to have dinner with Dawski and JW !
Tango,
GL left 8 March this year as per RNS, it was stated the search for a new Chairman would take 3-6 months!! therefore they have had more than enough time to secure a new Chair by now.
My money is an announcement next week, well before the raft of good news gets underway.
Now EU, give us our grant money, that is now well overdue, the 1 .6M will come in very handy at the moment and provide a nice financial cushion.
Mr T
I think Jim Ratcliffe's aversion to publicity would disqualify him from this role....because you can bet your bottom dollar that this company is going to be headline news from time to time.
re..they have rubbed shoulders with many high powered people who would probably fit the slot admirably....
someone like Jim Ratcliffe maybe?..
Tango...........it wouldn't surprise me in the slightest if they bring someone in that is either known to John or Arun.....in the circles they have moved in, where they are both very highly regarded, they have rubbed shoulders with many high powered people who would probably fit the slot admirably. People they know they can trust and who would be extremely keen to get back together on what is a superb adventure. All eyes within the industry are probably following this story now and many would give their right arm to be in on it!
It would be great if they had direct experience of resurrecting a shipyard as well as strategic infrastructure project experience,,,,,doesn't John's old company from Australia fit that bill nicely?.......wonder who the Chairman there is/was...........they usually hold more than one post don't they? If a person like that was available on this side of the globe, that would be more than handy!.........At that level, they seem to travel all over the globe......someone like that might just be available?
Only thinking out loud.......it's the direction I would probably go in..........couple of rounds of golf............sorted !
With everything that has gone on in the last few months, it begs the question what time have they had to find a chairman.
Mr T....I'd be inclined to think a bit later in the year, as they didn't actually stipulate October in the milestones. Although they may want to bring it forward a bit now after the H & W deal or John is going to be snowed under.....so, like you say, I also hope it is very quick now.
Will all really begin to slot into place soon..... like the jackpot wheels in Las Vegas !
Ditto Aunty - 10p+ would be fantastic, but 5p-6p and my mortgage is paid off with my Pension also enhanced nicely.
GLA
I'd be long gone b4 it hit 50p lol. I'm not greedy. Freedom is 3p !
Snowy,
When do you think the new chairman will be made public?
Got to be very close, next week?
I would think that it has to be very, very close as be good to move into the next few months with the chairman sorted.
Next week for me?
Lets see
Mr T