Infa....A Share of the Year 2020 !!30 Dec 2019 16:13
A decade ago or so Portland Gas ( the forerunner of Infa ) was tipped by the Sunday Times as a Share of the Year 2010 .I invested £200 which was enough as the shares were over £1 at the time !!
Portland Salt Caverns never really took off despite Andrew Hindle being an eminent geologist.OK, Andrew made some bloomers including Woodburn but he laid the foundations for IM and Adrian Po**** came along and sorted the Board out...and then JW and team pop up ! So what have got going for such an accolade ?
1. John and Arun's connections,expertise, and damn hard graft ..and own investment in the buisness ( quite some risk too )No greedy "Fat Cats " here.
2. Judith successfully beavering away on the Island against constant flack.
3. Teamed with Vitol..OK it may still only be a Term Sheet and subject to all sorts of conditions but probably more through Arun than John, this is a significant world class potential partner to have.
4. I still do not fully undestand how on earth JW & Co snatched H&W from underneath the noses of the "Big Boys". I can tell you that they would not have been allowed anywhere near the yard if those in power in N.I. thought for one moment that IM was to be a non starter or that their business plan/contacts were simply not up to the mark.
5. HW has a bright future now -The ferry dockings are just some starter crumbs.John P and Paul B and team are well recognised internationally.We have a brilliant Nato friendly Partner in Navantia and with Bojo & Co pushing for more UK based nationwide shipbuilding we stand a great chance of work on the type 31E ( remember that the "E" stands for export. OK we will not build a whole ship but we are well placed with the Bab**** consortium to build a significant number of modules.
6. FSRU's are another potential source of work and profit -OK we probably will not build one from scratch but no doubt will adapt a vessel to suit our needs ...should Barrow materiaise or the FSRU Hub at Larne be further considered.
7. The new Chairman,Clive Richardson, is another of JW's steals .I have read the profile and history with the VGroup International .Clive would not have accepted if for one moment he thought we were a duffer.
8. The emergence of significant respected ii's now on board and the raising of finance in 2-3 hours or so-same applies.
9. There is more but enough for now ! Oh,Yes , I was not expecting 37 more posts last eve after only 2 over the weekend. Come on folks ..confidence. We have a lot more positives going for us than all the negativity thrown about ..a Share of the Year 2020 .Just wait til year end 2020 but hold on tight and be very patient !!