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Do you not think JW will take the role of Chairman? CEO in place at H&W already.
still no new Chairman, and no mention of filling the position! INFA desperately needs a makeweight to what we have as a BOD !
Sorry about the partial double post. A slip of the finger.
2 months of no income at H&W and the ship is sunk by the overheads....some smuck has just received 20m in shares to dilute us even more and provide them with no return for their services! I feel absolutely sick because I feel stupid and cheated at once.
Not really . Any news on AIM that goes to the wire is going to be bad news !
This latest RNS is bad, bad. Where is the funding that has been pledged to be available "in the next few months " coming from. We will not leave the EU for at least a year and all the failure to keep to promised deadlines has been put down to the election results !
Now we have a minor shipbuilding company whic won't even have IMProject work to fall back on.
We'll never ever see our money back here,we LTHS. Margaret 365, I don't know where you got the notion that LTHS won't sell . You're reading one who will. Quickly,Quickly Speak To Broker!! And finally . If those trumpeted contracts are so important why hasn't MR. Rascal told us the value of each one.
Not really . Any news on AIM that goes to the wire is going to be bad news !
This latest RNS is bad, bad. Where is the funding that has been pledged to be available "in the next few months " coming from. We will not leave the EU for at least a year and all the failure to keep to promised deadlines has been put down to the election results !
Now we have a minor shipbuilding company whic won't even have IMProject work to faal back on.
We'll never ever see our money back here,we LTHS. Margaret 365, I don't know where you got the notion that LTHS wont sell . You're reading one who will. Quickly,Quickly Speak To Broker!!
Confidence is low which is why we see these knee jerk sell offs on such news. Huge changes have occurred in Q4, there is momentum and a clearer picture is coming. A reversal can happen very quickly as we have seen in the past.
Speedy
‘ Probably most here will continue supporting JWs efforts to deliver REAL fruition or in his words "shareholder value",’. I find that usual means shareholders are locked in and trying to make the best of a bad situation by averaging down rather than taking the hit, Inadvertently supporting JW.
Anyhow, all the best folks, I’ll not let this woodie twat affect my weekend any further.
GLA
Don't worry Scored. It happends to all of us, more offen than we would like.
Not sure just how low we could go, but as we were discussing yesterday the current Mcap seemed only to be priced for H&W alone. Now I've calmed down, I ain't going anywhere and will buy as and when an oppertunity arises. Going wait a bit though.
Margaret. I don't consider you in the short seller/quick buck group, and agree with you. Probably most here will continue supporting JWs efforts to deliver REAL fruition or in his words "shareholder value", BUT for how much longer? This last year has truly dented confidence, quite possibly irreparably.
Si i dont know what to think maybe its me getting unlucky everytime i buy it drops . I dont think this will help us i see more of a paper loss soon . PLEASE jw give us good news on the ship yard
I GOT .023/25 DOWN SOON
ii's have played a blinder on the poor pi's.
Scored, please stop buying. lol ;)
Oh, y'gotta laugh sometimes.
Even worse for us many loyal and heavily invested LTHs is the Quick buck merchants have arrived to chew a little more flesh from our rapidly shrinking carcass, both here and on Twitland!
I have 20m shares in this Company which hardly classifies me as a passive investor particularly just because I don't post that often. It's been a long wait for many but I think we are at the business end of that lifecycle. It could go tits up but I'm not about to cash my chips in due the recent decline, I think on balance it's worth seeing this one out IMHO.
Im new here but every time i buy it drops . Yes i could buy more now but do i after listening to longs here what they been through here .
Tango. I luv pie. I mean all that pie in the sky stuff! I would love to believe your theory, but after seeing Spuds press release yesterday, it reported only 69 employees (?) all between 38 to 42 years experience, I question if those young men can build those ships?
Question now is will the market rerate infa market cap to reflect the h&w (asset!) and not attribute little value to other pipe dreams....£6m??
As per a tweet earlier JW mentioned he was just on a train out of London.....hopefully his WiFi doesn’t work fr a while, he is toxic at the moment.
Plenty STH have bought around 30p of late, nice rise last week sold into for some gain and now selling off to protect that gain. I don't think many LTH selling here.
Eight years next month and still waiting for my "quick buck". :(
The only thing short term here is in what direction we are going, as a buisness.
"Assuming the Placing completes, the Company's business plan and working capital requirement make certain assumptions as to the short term timing of:
· the EU grant payment of EUR1.6 million;
· an additional grant from InvestNI;
· the Company reaching Final Investment Decision ("FID") on the Islandmagee Gas Storage Project by the end of the year, the payment of back costs associated with FID and revenue generation associated with fabrication of the Islandmagee Gas Storage Project ; and
· ad hoc revenue utilising the Assets on third party projects.
If the timing of any of these is delayed or takes longer than currently expected then it islikely that the Company will require additional finance during the first half of 2020."
Margaret. Perhaps if you followed more frequently the posts here you'd realize the "short term reaction" comes mostly from LTHs who've been waiting for their quick buck for years! This is becoming a case of promise lots, deliver some, promise more.......and on it goes.
Call me crazy but I actually think JW wants to use H&W to pay for the IM project, and to be fair if we get the frigat deal (which I would think would be in around 3-6months time) it would give a major swell to the coffers and make getting a loan all the more simple.
Some of us here nearly 3 yrs and 4 placings. Others even longer. Promises broken considtently. Hardly short term profit takers. Nope. This is yet another **** up and I for one and just pig sick of 3 years of them. Mushrooms kept in dark and .....you know the rest. Fine for first timers. JW....the sad thing is that I do believe you know exactly what you’re doing. That’s what worries me. Promises are just promises aren’t they.
Time out now
Gutsy JW, bold move and short term reaction probably fair for those that wanted a quick buck. You wouldn't disregard that funding unless there was a significantly improved alternative that has traction. I'm ok with this. I will be tucking a few more away below the recent 0.3 raise.