The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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https://briefingsforbritain.co.uk/an-undervalued-euro-harms-our-trade
Briefings for Britain
Blog • Economy & trade • Featured
An undervalued Euro harms our trade
11/05/2021 by David Blake
Professor Blake argues that an undervalued Euro and an overvalued pound both undermine UK trade. A new approach is needed to restoring UK competitiveness and part of this should be a case at the World Trade Organisation to reverse EU dumping.
........."It is time for the government to wake up to this reality and ensure that we have sufficient manufacturing capabilities to give us proper defence and energy security and resilience in the future ? including mini-nukes, which produce cheaper and greener nuclear power, using a technology where Rolls-Royce is a world leader."[27]
"We are beginning to see this with the announcement of a new naval shipbuilding strategy, which has widened the criteria for ships that have to be built in the UK.[28] We used to be world leaders in defence equipment manufacturing. John Allan, chair of the Covid Recovery Commission, argues that Brexit gives the government the opportunity to build up cutting-edge industries and create new export opportunities, and to reduce its reliance on foreign supply chains[29]"
InfraStrata awarded a two-vessel contract worth £1.6m
Francesca Morgan
Vox Newswires
12:57, 11th May 2021
Significant Forward Pipeline??
As the Group stands today, the Directors of INFA 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.
Yes doesn't say how many though
Anyone notice the notification RNS that has appeared? Kilik & Co feeling like the future here is bright?
Pokerchips, thanks for confirming you received the open offer entitlement for shares bought 'on the placing day' (by which I assume you mean 4 May). You did well buying them at 30p, as the lowest price printed on LSE that day was 31p for a couple of small sells.
HL just confirmed my entitlement for shares bought on 4 May and subsequently sold on 5 May, which is as it should be. I find it hard to imagine anyone who has worked as a broker doesn't understand what matters for investors is holding at the point of going ex-entitlement (not record dates, settlement periods etc). A broker should be familiar with processing market claims for shares sold before the shares are marked 'ex'.
I don't suppose they'll be much appetite for the open offer. Anyone keen to buy additional shares will have surely bought cheaper in the market, albeit paying dealing costs (open offers don't have dealing costs). Plus, if you buy in the market you don't suffer the risk of being locked in for days between committing to buy and being able to sell.
I note that the FSRU project was not included in the last update has there been a rethink on this project and has the land been reprovisioned so that it can be used for something else.
So I'm a basic dabbler with just a Halifax Trade account... I just received notice that I can buy 401 shares @ 30p under 'corporate actions'.... when the SP is only 29.9 at the moment.
Am I missing something here?
Good to see some positivity returning to the bb
Agreed Tango - the lifeblood of any aim company is news, especially contract wins, whatever the size. Hopefully we get a big piece of the pie from that article too! Thanks for posting mcadder. Have a good day all
Stokey ,yes work building up nicely imho,they dredged the main channel recently at Barrow,60mtr plus deep heading out to the wind turbines in the Irish sea , Morecambe bay a busy channel imho
Well I for one am happy that contracts over £1m are being reported, It will make a big difference going forward.
Not a bad little contract for starters....
Here you go stokey
https://www.nwemail.co.uk/news/19292633.barrow-targeted-area-30-000-new-jobs-uk-steel-fabrication-gmb
Stokey indeed they would
Bubble2021 In relation to your 07.10 post nice contract and they have a month to complete it. I note without further comment that the European Causeway is due in the drydock tomorrow.
InfraStrata plc (AIM: INFA), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, is pleased to announce that it has won a contract award from a globally recognised ferry company for the repairs of two of its ferries at Harland & Wolff (Belfast).
The two-vessel deal is valued at approximately £1.60 million and the completion of the repair works on both vessels is expected by mid-June 2021. The works are being carried out at the Group's repair dock at its Harland & Wolff (Belfast) site.
John Wood, CEO of Infrastrata, commented: "I am very pleased that we have signed a two-vessel deal with our client. We are now seeing the positive effects of the UK's successful vaccination programme emerging in that clients and vessel owners are discussing and committing to larger spend profiles on their vessels. Going into the third and fourth quarters of this calendar year, should the vaccination programme continue to be successful and the economy continues its recovery, we should be in a position to win further contracts of larger value given that we have time and again demonstrated our technical and commercial capabilities to the satisfaction of vessel owners. We expect to make further announcements to the market in due course."
Good update this morning.Each contract we complete successfuly improves our credibility and builds a strong business where ferry company's will look first for their repair needs.I am looking for two things this next few months .The ML and the 360 million ship contract .If we achieve the two we are on our way.
mcadder In relation to your 05.24 post can you please confirm where these quotes come from. The jackets alone needed for that many turbines would create a market worth around £950m.
RNS out,nice contract ...
They have a huge area of dock landside at Barrow,and the option to buy Medway gas terminal there for £6 million I think ,so no surprise they are setting up a windfarm fabrication site there ,bae have a specialist apprentice training centre for upto 500 apprenticeships in barrow and many years work with mod in trident submarines imho
News
10th May
"BARROW has been highlighted as a location targeted for 30,000 new jobs in UK steel fabrication to build approximately 300 giant wind
turbines each year"
"Up to 30,000 new jobs are required in the UK steel fabrication sector to build the approximately 300 giant offshore wind turbines each year every year to meet official UK net zero carbon emissions electricity new capacity by 2050."
"The areas with existing steel fabrication skills and/or access to the sea that the Renewables Development Authority should look at are: Clydeside, Western Isles, Dundee, Fife, Tyneside, Wearside, Teesside, Humberside, King's Lynn, Great Yarmouth, Lowestoft, Felixstowe, Harwich, Medway, Portsmouth, Southampton, Weymouth, Plymouth, Falmouth, APPLEDORE, Avonside, Milford Haven, Pembroke, Anglesey, Merseyside, Barrow and BELFAST"
"Task forces should be set up in these areas to identify suitable sites and develop the political pressure for these areas to get a slice of this steel fabrication work. Steel communities also need to join the political campaign for UK steel in the new wind turbines."
Exactly this time last year there was a flurry of director, PDMR and PCA dealings.
Since then I can only recall two relations of JT adding in the Jan OO.
Assume that if they could have, then any one of them could have. If they had so chosen.
The Belfast Harbour website has the European Causeway arriving into drydock on Wednesday morning. If it is like its sister ship h=the European Highlander it might be a three week stay.
Cheers Stokey, My question is simply. When was the last date, that members of board were able to purchase shares? If I get an answer, it go a long way in deciding my future here.
Questions for Wednesday should be emailed to media@infrastrataplc.com.
Would you believe a word that comes out of the twunt's mouth, given his past and current performance?