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Neg trades only at the mo.
Stokey12, re; 07:12. “ interest payments should drop significantly”. True, but until then we’ll still be paying the Riverstone pound of flesh. The further delay is costing us dearly!
Two good points are that there will be no warrants and that they have sufficient cash to see them through to the loan actuation. But, if they don’t know when that is , how do they know?
Synoogold, re 8:56. If you are right then why make the statements, last Dec, March, June and Sept? Imo inept &incompetent financial management.
Stokey12, Surely now is too late? No one is looking! I think that waiting until we are into the new year is preferable when considering the impact an announcement would make. Harl’s rep for appropriately timed announcements is, and imo has been for some time, in tatters. Even when news is eventually released I wonder what the impact will be. Perhaps not the eureka moment some anticipate.
For me they should have dropped it altogether. Concentrate on finance, concentrate on building ships and concentrate on getting IM going full tilt as soon as we get the nod. The corporate graveyard is full of companies who failed to survive due to overstretching themselves.
Bah Humbug! :-))). Have a huge holiday everyone, see you all in 2024
Dawski, good morning. Ref your 23:20 post. There’s a saying that a drowning man will grasp at a straw. I haven’t been a holder for very long, nearly six months. However I can already note a disposition by management to over promise and under deliver. This imo is a distinctly unsavoury trait and prompts one to wonder if, indeed it’s the management themselves who are grasping at straws with the continually conflicting news about finance and revenue. I am not baling out just yet but am still wondering what it was that made Kave do just that. There’s obviously a mountain of opportunity and potential that surrounds H&W but without much firmer control of expectations, announcements, ambition and finance I think we’ll continue to stutter along as institutions are unlikely to invest in a company with a narrative of such procrastinous predictions. Things need to change, quickly, and imho starting with Arun.
Whatever they’re up to, this little Santa rally is completely passing us by! We'll need to wait until tomorrow for the jam arrive!
Consuela, Always trying to look to be in control and always wrong.
When IM is full is gas maybe I can help you find a cavern somewhere for your hot air. The ones in Cheshire may just be large enough.
Consuela, I’m sitting in the attic, hope that is high level enough for you.
1. Await confirmation that the vexatious litigants have been over ruled.
2. Commence sluicing.
3. In the concurrency, apply for planning permission for hydrogen storage.
4. Spend next few years exponging the bleatings of, probably the same, liltigants.
5. Obtain hydrogen storage permission.
6. Complete caverns construction.
7. Commiserate with defeated and penniless bleaters.
Consuela, during the sluicing of the caverns planning will be fast tracked through as a matter of urgency. Plenty of time, no hurry!
Xenor, agreed, except the official word on finance should have been……… 2024! Unless that’s being too optimistic…………
Chrisatrdg, whoosh, hope you’re right! If you are It’s going to get very busy, in the rns department in the last couple of days.
But, will there be anyone else but Harl investors watching?
I wonder how he will propose to pay for it unless with equity as Harl have been unable, so far, to secure finance beyond Riverstone……….
……… unless they have a master plan!!!!
Hebridean9.
1. IM is worth the entirety of the debt burden imo
2. The Saipem demise was a blow, not something Harl could avoid.
3. Harl are more a Phoenix than a zombie for me.
Forrestgump, happy Christmas!
Dec 30th 2022. …. Statement finance sorted by Q1 2023 (Astra)
March 1st 2023…. Statement finance sorted early Q2.
June 23rd 2023 …. Statement finance sorted early autumn.
Sept 8th 2023…… Statement finance sorted Q4 2023.
Nov 30th 2023 …… update… revenues may not reflect director statement due to accounting methods!,,,
I’m not sure just how many carrots one should feed to the donkey but Harl cannot blame government for the continual targeting and target failure as noted above. For me, he has to go!
1.That Arun is sacked and replaced with someone more effective.
2. Directors buy substantial holdings in H&W.
3. Liberum start promoting Harl a little more vociferously
Come on ForrestGump. Have a butcher’s at your last sentence.
I think it’s a ringer that it won’t be sorted before new year . Also, having got this close the holidays, the impact of an announcement would be somewhat muted. For me it is better to wait until the new year when people may be a little more attentive. This doesn’t mean I think the team has played anything but a stinker on the finance procurement. All imho.
Mayanya, re 19:15 post. There isn’t a problem in the actions you describe. The problem is when, as recorded by Chrisatrdg recently, the numerous statements that finance would be sorted by a particular time that continually moves with the whim of circumstance. If the statement was more along the lines of ‘we wish to delay the finance deal until such a time as the economies of scale and rate are particularly attractive for the company.” , then there would be no missed targets no broken promises and honour would remain intact. The manner the announcements are being made and missed on a quarterly basis cannot be the benefit of management, customers and shareholders alike.