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Stokey
"ThisTimeNetYeer In relation to your 07.46 post while you may be right I am inclined to think it is another contract which begs the question why are they now issuing a RNS in circumstances where they would not have done so before?"
Could be to fluff the share price up so people take up the OO to raise a few more mill to keep the lights on?
Bwtfdik
TTNY following your 14h05 post, I checked on the Belfast Harbour site. the European Causeway will be in the dock until 31 May. It could well be that the RNS about the new contract might well refer to the European Highlander and the European Causeway. May not be new / additional after all. The RNS said work would be completed by mid June. How would they do an additional 1.6m of work on top of these existing 2 by mid June? Hope I am wrong.
I hope you're right Stokey as it would seem bizarre to issue an RNS of getting a contract mid way through the contract, when 50% of the work has already been done on that contract. It would beg the question, if it's worthy of at RNS why was it not RNS'ed at the time ?
Hopefully though Si Derman's speculation of Brittany ferries or someone else is more accurate than my thoughts about P & O.
We'll find out later this evening.
ThisTimeNetYeer In relation to your 07.46 post while you may be right I am inclined to think it is another contract which begs the question why are they now issuing a RNS in circumstances where they would not have done so before?
Infrastrata (INFA)
Zak Mir
Traders Cafe
07:14, 12th May 2021
"Having totally walloped shareholders over the past month with a 54p high versus a 30p latest close, it may be a positive sign that
Infrastrata
(INFA) kept its head above water on a dismal day for the stock market. At least helping sentiment to some extent was perhaps Killick hitting the share register at 11% via a TR1, and of course a £1.6m two vessel project. On this basis alone it could be argued by some in the market that recent treatment of Infrastrata shares have been somewhat harsh. The shares rose 0.5p to 30p."
Thanks for clearing that up. Assumed is was a new company and was looking for any ferries that seemed out of place as possible candidates.
Hi stokey12 - I have no further information except that the second vessel from P&O is on its way now see link.Maybe ThisTimeNextYeer is right yesterdays RNS was a retrospective one once contracts were signed & in time for this evenings zoom meeting.I would be disappointed if that were the case but timing of the zoom call suggests that is the case.
https://www.vesselfinder.com/?imo=9313656
Si and Stokey. My thoughts are that the contract being referred to is the P & O one, where European Highlander has already been in and out of H & W and European Causeway is due in today. I image we'll be told tonight in the Xoom presentation.
Si_Derman In relation to your 22.11 post I use the Belfast Harbour website which gives upto 7 days notice of vessels coming in. Also when a vessel has docked I use a double confirmation by cross checking the Belfast Harbour information with vesselfinder.com. On that basis the only information that I have is that the European Causeway is arriving within the hour and will be in port until 31 May. I have no information on any other vessels arriving within the next seven days. I am not sure if Chrisatrdg has anything else.
I'm going for Brittany Ferries. And I'm thinking the Connemara. Reasons.:)
Come on you ship spotters. Hoping for completion of the repair works on both vessels by mid-June. Gotta start soonish.
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.
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
Well I for one am happy that contracts over £1m are being reported, It will make a big difference going forward.
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."