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May be with us for 4-5 days for urgent maintenance work !! --Waiting at the Cruise Ship Quay !!
The link - https://www.vesselfinder.com
Edit: Good RNS this morning the SP being held back but like a coiled spring it will soon jump - I believe.
I see there is a new institutional investor with a 3% stake initial purchase nice vote of confidence. Interesting timing as well.
http://www.defence-and-security.com/features/featureharland-wolff-british-ingenuity-for-modernising-naval-commercial-shipbuilding-8449011/
Mentioned on another board (thanks to howler1975)
My mistake it has appeared again now??
Well that was a quick visit, could not get the dipstick out that quick!
Yes indeed chitta
A new welding production line and cash in the bank ,marine licence with nothing to hold it back now so lots to be optimistic about.Some chunky trades going through and killik loading up.Slowly being unveiled in my reckoning.
I personally feel that a lot of the value in the SP is for H&W, and quite rightly, But given the current situation the IM project is needed more than ever to carry us over this period as it would fuel all three sites until the situation has improved and the tourism sector contracts will start along with the government objectives of witch JW's strategy is very tightly aligned to.AIMHO .
Loosegoose- I try not to think of LOI's, as the majority do not turn out, The only reason to post an LOI is when there is nothing tangible to offer, this is in my own personal opinion.
Tango1, what are your thoughts on the LOI with Triumph Subsea Services? Chance of getting it over the line into a contract more or less than 50%. The SP seems to suggest it is low, but I am interested in thoughts.
Possibly to be followed by Stena Horizon ... you never Know !!
Nice to see her in the dock!
Though I must admit my faith in the large private sector contracts is waning as we have had 2 cash raises now to enable bidding for large contracts but not a sniff yet...
stokey12- yes that may be the saving grace- large private sector contracts.
Tango1 In relation to your 13.29 post I hope you are wrong if we have to wait for the vaccine rollout to see an end to the Covid pandemic and for contracts to come that will wipe out all of H2 20/21. I have no faith in BJ so I am glad that JW is not only relying on defence work.
stokey12- I can't see contracts coming until there is clear light at the end of the pandemic, I believe it is getting closer and at a faster pace with the Vaccine roll out, so think BJ is keeping his powder dry for now.
The following is the text of an mail I have sent to Sir Geoffrey Cox. If I get a substantive response I will post it.
'Dear Sir Geoffrey
I am a shareholder in Infrastrata PLC which owns the Appledore Shipyard in your constituency. At the time of the purchase of the Appledore Shipyard by Infrastrata PLC the Prime Minister made some comments that a reasonable person may have taken to mean that the Appledore Shipyard may receive some government contracts in the future. To date there has been no announcements of any contracts.
As your Rt Hon Friend the Secretary of Defence is taking questions on the 1 February 2021 may I impose on your good offices to ask him if his department would consider undertaking to place an agreed level of business with Harland & Wolff as it does with other shipbuilders so as to improve the employment opportunities in the area.
Yours Sincerely.
Thanks for clarifying. I was mixed up.
Loosegoose in relation to your 08.25 post in the 8 January RNS it states 'It is anticipated that the Company's annual report and accounts will be published and sent to shareholders along with the relevant circular in January 2021 giving required notice of at least 21 clear days prior to the date of the meeting. ' In calculating clear days you exclude the date of the notice and the date of the meeting. That means that the accounts should be published sometime between Wednesday and Friday of this week.
Jabido In relation to your 08.12 post what you had in mind would count as state aid.
Hi loosegoose, I had it confirmed from the infa twitter account that they have to be published at least 21 days prior to the agm, so I work that out as this Friday
I thought the reports were being published in a separate shareholders meeting planned for 12 February. I think it was included someone in one of the recent RNSs. There was a legislative extension of 3 months due to COVID. Am I mixing things up?
Cheers Stokey IL take a look. Whilst state aid would be awesome, I was thinking more along the lines of government backed loans and grants. I'll do some googling and provide a couple of examples to illustrate later today exactly what I think the bod should be going after
Jabido In relation to your 07.48 post the attached article which looks at thenew rules in relation to state aid might be of interest. https://www.lexology.com/library/detail.aspx?g=b1930d65-4fc3-4298-af8c-f1eb87a2807b&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2021-01-18&utm_term=
It seems that the ability to give state aid might be easier.