Member Info for Findingtheta

It’s clearly tongue in cheek, but it’s publicity and for once it isn’t bad.

Hope it is a big fat NO to the appeal but can’t count the chickens just yet. Remember Foinavon!!:))

They could be scrambling to get back in on Monday !

Xenor, 10:26, agreed and certainly before the year end results due by 30th June.

Broomtree, 13:13. there must be a good night school for you brush up. I had been willing to consider you a concerned investor. It appears to me now that you’re a determined mis-informer. A pity!

Broomtree, you haven’t read my post!

My take. H&W want to borrow £200m from a consortium of banks. Problem! H&W don’t have security for the loan. Solution. The UKEF guarantee to the consortium of bank that a percentage, (100%, 80%, whatever%), will be refunded by the UKEF fund in the event of delinquency. So, if, the %age is 80. Then the consortium lends £200m of which £160m is guaranteed to be refunded. The outstanding amount is then ‘at risk’. If Riverstone are repaid from the £200m then the yards and IM are free from debt and the consortium can take a charge over these assets or a part of them as security for the £40m that is at risk. As £77m has been spent upgrading Belfast, I don’t think this will be a problem. So H&W gets its full £200m loan and the consortium have their guarantees and security for their part. Every one is then happy! Incidentally in this case the £15m current valuation of H&W by the markets is revealed as ludicrous. All imo. DYOR

Bubble2021, 11:16. Agree. This pesky loan business has been dragging on for 19/20 months now. Way past time for getting it sorted and moving on!

80% :)))

Broomtree, 11:15, the 89% UKEF is just the amount that is guaranteed to be refunded. So lenders will take that into account when fixing their offered rates. Therefore no £40m needed. Harl will pay a higher rate for the loan. The question is, of course, how much higher? Hopefully still lower than the Riverstone rate!

Forrestgump, 09:57. ‘ unless you’re a de-ramper/ journalist out to try and trash a firm’. I have a decent holding in Harl. Yet it seems that the Times article is proving at least partly right. We’ve gone through the denial/ it’s rubbish phase and we’ve been making excuses as to how we don’t need 100% UKEF or even 80% ! Now it’s being intimated that we don’t particularly need it at all!

You see where I’m going with this! I think in this case there’s no smoke without fire!

Consuela, in the vein of things in tens. A film was on tv the other day called ‘10 things I hate about you’. So, how about from you, ‘ the 10 things I hate about JW?’ :)

Stokey12, 06:43. You might want to check the link!!

Having read that Toyota, Mazda and Honda have admitting cheating with their test safety data, remembering about Boeing’s company approved shoddy products and VW group with their emissions cheating programmes. I’m beginning to think that JW ain’t so bad after all! The question is, are there any honest people left in the world. All imo.

Forrestgump 06:53. “Killick are happy to sell for much less profit”. I don’t know Killick’s op mod but guess they have an advisory service because of the lumpy way that their sells appear. So, you could say they were simply right to advise to sell at 25p as now you could get 2.5 times your holding back for the same cash with no need for mates at the times etc. Those holders who held on were the losers as the sp seems to have topped around the 27p mark, making Killick advisors spot on! Just another way of looking at it!

Https://www.bbc.co.uk/news/live/uk-politics-69082668?ns_mchannel=social&ns_source=twitter&ns_campaign=bbc_live&ns_linkname=665db8494736400cb3a86661%26Labour%20%27committed%27%20to%20defence%20spending%20increase%2C%20but%20not%20immediately%262024-06-03T12%3A50%3A42.931Z&ns_fee=0&pinned_post_locator=urn:asset:c5ce4d14-335d-4de9-a9fa-eef12d18cd40&pinned_post_asset_id=665db8494736400cb3a86661&pinned_post_type=share

The jr was for two days! How much deliberating can there be? Yes, it was nearly four months for the previous judgement. So, can it really take longer than that???

Broomtree, 12:22. Agree, Si_Derman is noticeably one of the most genuine posters and has a long involvement with Harl/Infa. His records and insights are an absolute positive. He has a ready sense of wit that Marcosino, of the 14 posts cannot appreciate. All imo

Less time than it is doing!

Hmmm, it shouldn’t be taking this long imo.