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Interesting to see differing views here at each end of the spectrum... Just as I think I might venture into this stock someone raises big concerns and it sets me off balance.. I am sure there are many on the sidelines like me... I suppose one has to decide one way or another.. But i don't fancy say buying a t £9.50 for it to plunge on the next bad news.. I know this is investing... We want our cake and eat it... I got stung a while back and am still smearing.. Enough of my ramblings.. Good luck folks..
Welcome back roly12 - I am of the opinion that you have made the right decision although all investments on AIM are not without risk.
PS Still no listing for the IM JR session.
I bought in a again today at 9p...my average is now around 12.9, having bought previously around 15p when awaiting the outcome of Island Magee hearing.
Went up to around 17p and here we are now back a 9.75.
Hoping for a lot of positive news over the next few months and an SP revival
Having sold my entire holding here early November 23, have decided to buy back in today, I do consider it risky, but the reward (Multiple X), outweighs the risk (Total loss to shareholders). I look forward to commenting again on this board.
Roly.
Confidence getting restored. +12% today don't think there's going to be too many sellers t.b.h.
Nothing else relevant to HW except for a bit of trying to gleam more info out from the minister (unsuccessful) between 10:17 and 10:23 so really no further on..
What you can take from that, is that no decision has been reached , yet the SP has dropped substantially, due to negative media reports. Everything to play for , I remain bullish, no agenda ;
Stokey12, he seemed to 'nod' at the right moment, when RS spoke of support.
Thanks for sharing that link. Putting aside my general loathing for politicians (briefly!), I think the Belfast one who asked the question and gave the outline to Parliament, did a good job in getting it raised.
A lot of questions do not make the cut, as many of you here will probably be aware, when it comes to the background machinery of Parliament.
I remain bearish on how shareholders are going to be treated now, as I have been open about recently, but I do see something, or certainly hope so, that does protect those jobs.
Unfortunately, I still cannot see how they can swing it to not make shareholders take at least a big haircut for simple political reasons, even if you ignore the potential (and hotly debated) legal dispute as to whether it would be state aid or otherwise.
Something that is no doubt a delight to legal minds to battle on (at great expense to one cost code or another), but as far as I can see, not something that is a slam dunk certainty to say it is not.
But just my agenda-free opinion and we will find out soon enough either way. I just did not see something positive for shareholders in that Parliament debate clip, personally. GLA longs.
Stokey first ten minutes all about discussing HW and their importance. but no news as comm sensitive.
Jimmcdee ref 13.05 post thanks for that did you notice Jeremy Hunt's I am trying to workout what it meant. At a guess he lost the argument.
Tbh I kept looking a J Hunt to see if I could get a read on him... nothing, just stone faced
Okay pigeons (Eagle and Jones), let me introduce you to the cat (Sunak). ;)
Visiting #CNE24 today? Don't forget to head to Future Surface Fleet Theater A at 2:45pm to hear our CEO John Wood talk about the role Harland & Wolff is playing in the delivering the National Shipbuilding Strategy, growing the UK industry and investing in communities and technologies across the UK.
See 48 mins in..
https://www.youtube.com/live/px88W4KWzfY?si=4LZcJXo27rsgK19d
From BBC:
"Sunak pressed on exports as Harland & Wolff praised
Alliance MP for North Down Stephen Farry talks about British shipbuilding and fabrication company Harland & Wolff describing it as an "iconic cornerstone" of the UK's defence and future shipbuilding industry.
He asks the PM if he can ensure the approval of the company's exportation guarantee is achieved.
Sunak says he cannot comment on the specifics due to commercial sensitivity, but he says the government is committed to the UK shipbuilding sector insisting "we are working closely with Harland & Wolff". "
I have been in a Teams meeting all morning so I was unable to listen to it but did anyone catch what was said at this morning's evidence session?
Tony1975, 12:39. Sympathies with your pov. However, I don’t see any way we would have survived as we still have uncertainty about the future due to the tree huggers etc who have put the project back by years. The old bod appear to have attempted to stave off bankruptcy with the ill fated duster from Woodburn forest that was another tree hugger favourite target.
I’m not sure how sincere JW was when he said the Belfast purchase was to enable, the then named Infa, to save millions in manufacturing cost by self fabricating parts for the IM venture.
I guess we have what we have and I think it’s going reasonably well even though I have MANY gripes of my own. I’ll be holding on, though the holding has been wobbling recently from the edge of disaster to the brink of oblivion as my stop loss skirted with the sp. Wish you all the best.
What was said please?
Tony 🤷♂️ How could they have cashed out !
Yes I was watching that, sounded positive for H&W to me.
This firm should have always had all its eggs in one basket, the egg in the basket being Island Magee gas storage.
Shareholders would have double figure multi-bagged.
Sadly JW and Arun, who are a pair of clown chancers came along and leveraged that wonderful project to buy several failed shipyards. You couldn't make it up!
These yards should have been bought by large scale shipbuilding companies, not a pair of clueless chancers.