The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
surely bigger players are thinking of t/o bids here - crazy low mcap - they just grew a steak.
certainly sounds more like a £350m mcap company than a £35m one to me.
The naysayers don't like the monopoly of the Scottish yards and BAe and Bab being challenged. Govt is aware that the creation of alternative shipbuilding opportunities not only drives competition, but shows Scots Nats that there are other places to award contracts. Making a success of Belfast and Appledore v significant for the shipbuilding programme imho, Wallace is staking a large part of his political future on it
lowering price creates anxiety and therefore a bit of panic selling, raising price tends to have opposite effect. none of the fundamentals have changed. contract RNS a day closer.
1st Feb RNS has a ring to it
Although they seem to be more adept at pumping saltwater than gas atm, what’s the spot price for saline looking like?
It’s here: https://cruise-belfast.co.uk/belfast-harbour-facilities/berthing-information/
I agree to a point but effectively the contract means this company has gone from being investors with real estate to being a proper big player in an industry the government is prioritising at a time it is desperate to stimulate sustainable growth. There are plenty of AIm businesses without revenue OR profit, just an idea and a PR dept. This is materially different imho and will sooner or later demand a MCAP to back that up dyor
Michelle Mone would disagree
worth keeping in mind the LTIP incentives for Wood and Raman, especially those that kick in when the weighted SP average is above 60p and or 100p anytime before 2025. What's good for them, good for holders dyor. No doubt they have their minds fixed on those figures, (amongst other things)
https://www.londonstockexchange.com/news-article/HARL/long-term-incentive-plan-ltip/15770453
Most likely t/o candidate presumably navantia uk
Just shorters toying with nervousness imho - that 16 to 22 rise had a built in two week window of uncertainty for some until the detail of the Navantia contract is released and the ink on it is dry. A few panicking on the drops and the floated questions about placings. All will become clearer next week, but the coming months will see this transformed from a punt into an investment imho.
it ain't happening
good ebening
The "we" is doing a lot of work there maqsood, I'm sure a fair few of us who have been invested and following this board for several years, through multiple failed or over-promised projects, and hope springing eternal, feel it's actually probably undersold on last RNS. But good luck with your investment, hope you have timed it well
I would say the Bailie Gifford guy offloading so much on first day for whatever reason prompted a number of PIs to cash in on recent gains. Great news on AIM doesn't always trigger rerate immediately, volumes are too small and the market is inexact and fickle. But value will out. My own measure is a simple one: given a fair wind do I think that the recipient of a billion euro contract and -potentially - the UK's biggest shipbuilder should eventually demand a realistic MCAP of £300m rather £30m? Hard to imagine it doesn't. Momentum might take months or years, clearly, but can't see a way that the govt will let this fail in the short or long term. dyor
Unbelievable that there has been no attempt to mitigate the slide with more news from Blyth and Elgood. Can only assume that remains a ****show too. Heart thinking that this is eventually worth another look, even given risks and track record and debt and administrators, and anything around 5 feels like a possible floor. Head saying never type those letters IOG again
There will be a lot of govt focus on NI in the run up to the 25th annversary of the Good Friday Agreement. They are desperate to find a solution to the EU protocol get Stormont back up and running and strengthen the union. There aren't many positive actions they can point to but a regeneration and growth story at H&W is certainly one. I'd expect there is a real urgency to get Samson and Goliath doing their stuff - and therefore I'd expect a few more govt related contracts incoming. They need to show momentum here having nailed their colours to the H&W masts. Macro stuff obviously. But a profitable shipyard hiring young welders is a story worth plenty of votes in the next election. Same goes for Appledore etc DYOR.
I imagine the refit of the frigates might be a possibility re Turkey
But nothing to stop you buying at these (crazy) prices?