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BP. A perfectly negative, glass half empty answer as usual. I would have thought, like every other post here today, you might be glad because:
1) A major contract has been won.
2) H&W, a company you have slated since day one, will finally be generating real income helping us to become profitable.
3) The share price jumped 12% today helping you reduce your loss that you have complained so much about.
4) Even if, as you suggest, that Saipem decide not to pay their bill, that will be some time off. Plenty of time to advertise H&W ability to deliver good product efficiently manufactured and delivered - a perfect springboard for other contracts to come online.
No, that would all be too much for you to conceive? If we ever go for a drink I won't ever expect for you to offer to buy the next round! You'll be busy kicking the old dog.......
Tease .. Speedy, Moi ?? Never entered my head dear friend .. At least two possibly three of those South Coast loungers really only have one nearby and cost effective venue to go .. look outs are positioned at Bangor and Donaghadee .. and Vessel Finder .. will report when any scintilla of anchor lifting is seen .. Yours Mr Teasee
Speedy_Gonzalez,
Some of us have a life beyond LSE!
This announcement can only be considered as good news - as long as the contract has been written on profitable terms, of course... I would also hope that payment terms have been inscribed in concrete; I have to be careful what I write on a public forum, but I am aware of one company that went bust due to non-payment by a "significant Italian energy-sector player"...Good luck insisting on due process via the Italian courts. I may speak from experience...
I maintain that there is little prospect of profit from the combined H&W shipyards from the marine sector, based on personal experience - on which I may well expound on another day.
This was fantastic positive news .. and agree it feels like the start of a wave of positive and material news ...have been sitting on a bunch of cash in my SIPP ... not anymore
Not a peep from our No 1 negative poster BP. All the regulars and most LTHs posting but someone with a supposed 56K shares has nothing to celebrate??