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Just my opinion, solid order book inc FSS with much more to come over the next six months, bags of real estate and equipment, yard upgrades. TR-1's probably in the post. 9/10 probability of IM success.
Even with the debt I can see 1.30 to 1.50 a share.
The real opportunity is to instruct people about engineering! Pity none of the primary steel is made in Great Britain đŹđ§đŹđ§
NigelHaemoglobin ref 14.29 post sorry I do not see a takeover as remotely likely. As I said the other week due to the range of services that HARL offers anyone taking over the whole company would end up with non core assets that they would need to maintain or dispose of. Also while ÂŁ1.30 - ÂŁ1.50 a share would represent fair value to a shareholder someone bidding would look at the MCap and would not in my opinion offer that much.
Nigel - gotta love these random rampsâŚ. So you can see someone paying ÂŁ260 million (at your upper range) and then stick another ÂŁ100 million debt on that?
Considering we couldnât break 30p with the FSS and then a positive IM result (last year) I wish you sweet dreams with that one but hey you got a couple of people all excited ha ha
Fair enough but why not be more lateral? Think of one military contractor that has successfully milked HMG for money, sometimes multiples of the original contract value.
They shall, cough, remain nameless. At the moment HARL have a two or three potentially harmful red flags namely funding, radical expansion/training and of course the ghastly loan.
I am not a sales type imbecile relentlessly pushing the positive using a range of trained techniques, there are distinct negatives if considering an investment in HARL.
Three green posts in a row đ donât you just love the filter button đđ, great to have a good balanced board
FFS, 'Gail' you must be running out of usernames. #whataplunker
Gail , AKA " TheDogfarther" sadly you can't hide who you are. Stand by..... đ
Nor can you , spouting your 'assumptions ' day in day out and hoping the company collapses and we all lose everything. What gives you the right to report anyone. Joker
Kaeren by name "Karen" by nature. What gives me the right?.... sheesh đ
Marcosino says 8 weeks ago:-
"I swear Broomtree is the new TDF, has he come back in disguise? Utter drivel repeated all day long."
and just now:-
"TheDogFarther is a breath of fresh air compared to utter cretins like Broomtree...."
And the three that marked this post up...I ask politely.....have you a reasoning mental challenge ?
Stop making these assumptions and look forward to to the anticipated IM news and funding news and other contracts JW and the team might have in the pipeline imho
Putting all the vitriol aside allow me to ask a simple question that I would assume all share holders have asked themselves: âifâ (and it may be a big âifâ) this finance deal doesnât come off, what is the Plan B? Given itâs been on the verge of completion for 17 months, I think thatâs a reasonable question?
Now I have concerns about the debt under present management but letâs stick to this simple question
Broomtree, no, thats not a fair question..IIf you were a business owner with financial negotiations in an advanced state, the last thing you would do is to publicise any potentially alternative arrangements. So should anything prevent the fruition of current intentions, yours will become a question for Arun to answer.
Fairpoint broomtree........I am not a holder here at pres. and continue to trade from time to time......I feel ( and HARL is not exempt here) that most AIM ( or AIM equiv) have a very blassee plan B..........the easiest way of looking at it is by "past performance" (on everything....and what's held back on RNS etc.)......past performance is only an indicator....and we all wait for the "pivotal boost" to take us beyond.....here too! Will it come to HARL sooner than elsewhere? I suspect not....but I will wait for a low....perhaps near here.....to trade a bit...(maybe)......but the financials will continue to headwind...IMO
Finding - Perhaps your wording says more than intended - they are not âbusiness ownersâ the shareholders are, they manage on behalf of them
In that sense I feel itâs a very fair question to be asking. It didnât stop them dropping hints about already having a deal but wanting a better deal?
There are a lot of people with a lot invested here and a breakdown in this deal really doesnât bear thinking about, but you canât just ignore it
Takeover? oh yes thatââll do very nicely. But i am not selling mine for anything less than ÂŁ1. Overdue an rns on IM and financing news . Waiting patiently⌠BOOM!
Broomtree, sorry but thatâs just semantics. I actually posted âif YOU were a business owner.â
I think psychologists would regard your comment as deflection!
Broomtree, I have actually thought about your question as I believe it is important for all to consider the risks. Unlike most of the doom mongers who see a deal collapsing as a wipeout for shareholders or the company going bust, I see the plan B as accepting a worse deal. Probably something along the lines of the Riverstone deal but for more money, more warrants but a slightly better interest rate. The company would then have to stick with that until profitability allows for better refinancing. It would still remove the uncertainty around the finances but the share price would have limited growth for the next year or two until profits are RNSed.
I am still expecting the UKEF deal to come through in Q1.