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Not a clue ,seems same on a few other shares
What are all the trade been reported this morning. Apr, May, June, July. ?
1 been for a 1000000 @ 309K ?
Ivan's it's sounds like a tide table lol,!!:)
remember, the rapid it falls, the rapid it will rise.
AIM poorly performance last few months and INFA no different.
value or not , i think this can bounce back up soon enough just on sentiment
Chrisatrdg ref 21.07 post see my 18.51 post from the 14 July. I am not sure why the Azura remains in the SRQ but there is no current indication that it will be moving to either BDD or BBD during the next 7 days. All I can presume is that whatever is being done can be done from the facilities on the SRQ.
Somewhat surprised but today Seatruck Panorama docked this evening in the smaller of the two docks while Azura stands outside waiting for what ?
https://www.vesselfinder.com
And on what derelict land ?????,DYOR,oooh 500/1000 apprenticeships in Barrow other Infra yards maybe hmmmmm!:):)
Setanta1,
Thanks for the sentiment! To confirm, the figures I quoted were peak to trough; my loss currently sits at around a quarter of that number. Oh how I rue the day that I did not press the "sell" button for a £70k+ profit...Ironically, I started out trading this share and doing nicely, but bought into the IM narrative when AR was appointed, based on his background at Humbly Grove.
I fully endorse Spud's philosophy of buying the management of these small-cap companies (whoops!); to my shame, I did not initially pick up on JW's disgraceful history as a phoenix - had I done so, I would have sold out immediately, at evens.
Something I learned during my visit to Belfast was the H&W has effectively gone bust and required bailing out several times, not just once. I maintain that the yard will never turn a profit, unless someone can convince me of the special sauce that JW possesses - I have been asking this question for 18 months, to be met with silence from the rampers and insiders. I am not after the recipe, just a taste...
Spud have a read of this
https://www.rechargenews.com/energy-transition/sustainability-is-key-saipem-sets-seal-on-deal-to-buy-naval-energies-floating-wind-arm/2-1-1039604
to qualify for CFDs they will be needed to e constructed in uk it is quite a long story but worth the research
Have a good weekend sir
Good post Stokey
spudtheplumber ref 18.50 post In the next six months news that might give the share price a jolt in my view is a favourable mention of INFA in the National Shipbuilding Contract, A further contract to fabricate jackets for windfarms other than Saipem. The next update in September showing a quarter on quarter increase in revenues. Also if INFA gets some more cruise repair work which is better promoted.
Blair Peach, I think your loss is dreadful. From the day of the unexplained defenestration of the chairman, GL, and the changing of the broker I felt that there was something badly amiss here. I left with a loss that was less than half of yours, but I never regretted the choice I made.
the involvement in the HW purchase was all posited on the idea of government grants which never appeared. The ML was reportedly about to be granted before the chairman went. No satisfactory explanation for the lack of the licence or the chairman leaving was forthcoming. Remember HW went bust once.........!
I'm definitely shutting up now but before I do I'm interested to hear what short term news oldtramp and co expect will move this sp north???
https://twitter.com/spudtheplumber/status/1363256193456762889?s=19
This tweet was written AFTER buying this management .....
Evening all will be good to get an update on progress on Saipem contract the next phase is of the contract will need to be released soon. Also good to see Saipem are increasing interests in floating offshore wind turbines
https://twitter.com/spudtheplumber/status/1363256193456762889
next round of CFDs due to be announced soon
https://www.offshore-energy.biz/uk-to-launch-round-4-cfd-auction-in-december/
Chrisatrdg ref 16.55 post I cannot find fault with your reasoning. By my calculations there is a shortfall of about £5-6m between income that is known to be due this year and projected income for this year.
Hi stokey12 - In the belief that the business model is not broken then in order to meet its targets in its 'pipe line' there has to be some contract news soon.I have been wrong before but July seems right especially with regards the vessel in Belfast today which is still mored up.No RNS in July then I will really get worried maybe some investors visiting Methil at the end of the month may have a better idea.Inviting investors to Methil this month with no expected news would not be a good move by JW.July seems to be when I expect some positive news for reasons just given.This may not be sound but just how I feel.
Chrisatrdg Ref 14.16 post Can I ask you if you do not mind elaborating on why you think positive news will come this month. I note that Parliament goes on recess from the end of the sitting next Thursday so any pre summer policy statements will have to be made by then.
INFA a pound.
Another frustrating investment opportunity stretching back over a decade and around a 99.9% share price slaughter. It was meant to be a gas storage business but somehow has recently bought into a shipyard business with shareholder money. What is the connection?
If the SP continues to drop to a level I think has reached the bottom I will be tempted to Sell some of my Summit shares currently trading on the NASDAQ & Buy to average down.I believe that if the 'business plan' was broken then INFA would be obliged to update the market so what we are seeing is typical of AIM no news & the SP gets slaughtered.I am sure positive news will come this month time to Hold.
Rome wasn't built in a day!!!DYOR
Page 10/12 worth a read
https://www.cbi.org.uk/media/7017/cbi-northern-ireland-response-to-energy-strategy-for-northern-ireland-consultation-on-policy-options-july-2021.pdf
" do you really see anyone paying anything like £6m for a junk-yard? "
well ..yeah...but... depends on whether someone is a visionary or a cave dweller ....
you can look at plenty of areas that looked like a "junk-yard" one year... but ..... over time and with vision can change quite dramatically.......
" Have you seen the state of the place? It is full of rubble and junk and appears derelict "
I could give you a list a mile long of areas like that...that have been transformed over time......
so..who knows...I wouldn't dismiss it all based just on a service visual....just yet
stokey12,
Perhaps I am arrogant, but marking to model, as opposed to marking to market, is what got the world into its current financial mess.
If there are no buyers, what is the value?
Well some must indeed be dissatisfied and dismayed at deppration of share value ,I stand by the fact that you have to build a business over time and imho JW is doing exactly that so buy along the way at this ridiculous price is a must for Mr as in the future this will be more like £1+ than 18p+ imho , risk reward I'll takes ,empty land you say?,let's see ...