RE: Active German shipyard sinks.14 Apr 2021 14:16
Stokey12. I note your upbeat comments and if sufficient work can be gathered this way that will be great for Infa. Also the appointment of Graham Couser is very intriguing especially so if he can direct profitable work our way, certainly his background would suggest that he can. However, does this mean another facility somewhere in the Americas with attendant costs and overheads? Doubtless well soon find out. GLA
RE: Active German shipyard sinks.13 Apr 2021 19:40
Stokey12. My main idea on this , is that it is a German yard where (notably labour) costs are comparatively high, as in the UK. This makes it harder for us to ‘ make ends meet’ when we win work that’s been out for open tender.
RE: Competitor wins new builds for UK windfarm.08 Apr 2021 08:45
Joolyc, welcome. The following opinions are my own. In the beginning Infa was run by a geologist of good repute but seemingly poor business sense. The original idea of oil exploration and gas caverns was well received and the share price rose to £4 an ) equivalent of £400 today. I think it was BP who were initially large holders. As time went by very little progressed and the sp drifted for many years. Eventually share holders got very disgruntled, BP departed and the sp sank into single penny realms. A coup was organised by an entrepreneurial holder who became the new ceo. However as this particular line of business didn’t seem to suit his suite of expertise he appointed and gave way to the current ceo. The change of chair seemed to coincide with the ‘discovery’ of problems of moving the company forward because of the lack of a permanent ML. Other changes have occurred also due to ill health. Doubtless, the problems with the ML spurred the team on towards diversification in an effort to survive and resulted in the purchase of H&W followed by Appledore and latterly BIfab. Things, at last seem to on the up maybe and, at least, we survive with hopes of future grearness.
I think people are awaiting the news about the ML. Also, Spud’s spot on with his assessment. If it costs you more to do the work than your getting paid, then turnover is insanity. I hope Shipyard proponents are right to say ‘ this time it’s different’
RE: Lots Going For Good Old Infa !!29 Mar 2021 17:57
Dawski, whatever happens, don’t eat that hat! It must be well past its sell by date. Let me buy you a new one. Thinking aloud and my opinion only, that’s sort of indicators from Danawinner and Dawski, albeit with protests of ignorance. Together with Gresham’s sudden exit......... Well, it seems to me that ........................
Wallet Investor, an American AI share price predictor, suggest the 1year out SP for Infa to be 58.8p. How on earth do they come up with that with so many unknowns and variables to come in the next few months?