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Def not me, quite happy to post as myself ...
BP a protester?
I'm reasonably sure he isn't
I note that some people on this board have argued that the purchase of the shipyards was a mistake and INFA should concentrate on Islandmagee. While I can see some merit in this argument there is one significant flaw in this argument. It fails to explain how INFA will be funded prior to the first cavern being built. I note that there is material uncertain about when and if the Marine License without which the project cannot progress will be granted.
As external funding will not be forthcoming until this license is in place this means that a strategy of only progressing the Islandmagee project would put into question the future financial viability of INFA.
The current strategy being pursued by the BoD has the advantage of providing a source of income which currently covers a proportion of the running costs of INFA. If I am reading future prospects correctly and inline with the company objectives during the 2021/22 financial year INFA should move into profits while we may still wait for the commencement of Islandmagee.
The question I have if INFA had pursed the strategy of concentrating solely on Islandmagee how would INFA be supported.
Quiet today pending news ,be nice if they open up a few things in Ireland, get things back to some normality imho
A protester who has only ever posted in support of IslandMagee (and against H&W)?
OK...
Stifler I dont believe BlairWitch is a paid de-ramper but worse a protester that won't stop whats coming and only thing they can do now is wind investors up !! Better to just green bin them for recycling ??
Do you get paid per word?
Nobody really cares BP, only you mate.
Here's hoping you get your entry point.
Speedy_Gonzalez,
Don't worry, if and when I get my exit point (here's hoping), I might well stick around.
Do INFA's directors enjoy a round of golf? I believe the courses in Florida are quite something...
Stokey nice link found there all good info many thanks
Further to my 14.09 post on Monday I have just seen this https://shipinsight.com/articles/harland-wolff-adds-graham-couser-to-miami-base-to-grow-cruise-ship-repair-and-retrofit-business/ Clearly this signals a major push into the international cruise market. I agree with the 14.13 post from Monday by Chrisatrdg we really need an RNS to explain this international strategy.
Speedy you are replying to someone I filtered long ago for talking rubbish and being a purposeful deramper. BP is not interested in having a good faith discussion, I suggest you do the same
Speedy_Gonzalez,
I have only ever one post to be deleted that was when a new poster, assuming my name, proceeded to post a blatant and non-informed post in my user-name.
This was quickly acknowledged, and deleted, by the moderators - to their immense credit.
Someone's been filling their boots just before the bell.
Strong Buy.
Si_Derman,
Thank you. As stated below, I continue to maintain my position in INFA.
Despite the continual abuse that I receive here, I have never reciprocated, although I did question stokey12's grasp of the English language, simply because many of his/her/their posts are so muddled as to be unintelligible. The same could be said of others', to be fair...I have never stated that INFA is not currently revenue-generating, merely that the use of the term "revenue-generating", in this context is, at best, disingenuous.
Similarly, unlike many other frequent posters on this board, I have never predicted a movement in the share price of INFA, either positive or negative; in my view, that way madness lies.
My criticisms have always lain at the door of the directors, who, I maintain, are entirely self-serving and whose actions certainly do not align with the interests of shareholders. The continued absence of the marine licence for IslandMagee, given the arrogance on public display from the board at the end of 2018 and the beginning of 2019, when INFA's share price rocketed (as a result of a blatant pump-and-dump campaign on social media, involving a former TR1 holder) can only be put down to either incompetence or, to be politely euphemistic, "mis-information." Neither instills confidence.
I do not recall making any reference to JW's "shaft" - though I will state that his history as a phoenix (of which, I admit, I was ignorant until it was posted here), his "amusing" recent bonus and the payment by INFA for services to a company owned by our erstwhile CEO, make me inclined to suggest that he may be carrying out a "shafting" of his own...
I suspect my professional knowledge and experience of shipyards and of the wider shipping industry surpass that of most who post on this forum; it is on this basis that I continue to add my own thoughts.
As to why I continue to hold (yes, Speedy_Gonzalez, I continue to hold), I have also stated here in the past that my own investment philosophy is never to sell at a loss. Not the most efficient of plays, I acknowledge, but I hold only 2 dogs in my portfolio - one of which is INFA (the other having dropped out of the FTSE100 not long ago, so at the other end of the risk/investment spectrum).
Let the insults commence...
"pulic enquiries will be called the basis of facts not noise" lol
Speedy, it was actually 57,000, allowing for the 100:1 consolidation. ;)
So +/-60,000 would be consistent with what was previously stated.
Just sayin'
Stiffer,certainly right time to buy atm imho news pending on different fronts .
Fair enough Stokey. There have been a lot of opinions regarding the ML and how it can be legally challenged. One thing is certain we find out soon. We already know they will attempt to take that decision to a judicial review. Someone posted some interesting links about 'cross cutting?' which I found useful.
I have been buying here since the last funding round. I am here for the other projects rather than IM.
Tailor,
I remember the post to which you refer.
Your apology is accepted.
My apologies if im wrong but I can definitely remember the post you got removed because you were insulting a very good and informative real investor and in that post you thanked him because you had sold your shares and bought into another company... ill not ask why your so negative about a company your supposedly invested in because that just gives you fuel for your agenda !
Good luck everyone and thank you very much to all the genuine investors and thanks for all the information yous have been providing, Exciting times
Tailor028, apologies for mis-spelling your user name.