Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Can someone illuminate me on the Singapore reference please?
Premier Miton are hitting the headlines re their outflows (last week). They have to start selling asset, possibly one of the or just the reason they have reduced their holding
Fund redemptions during volatile markets could also mean they have to realise monies. They have to pay it from somewhere after all.
Agree Salinger, a few weeks ago, the lack of Morocco agreement was the problem, as soon as that was achieved, let’s go looking for the next negative issue.
The decreasing share price has simply provoked an emotional glass half empty mentality regarding the project progress. With the exception of MSC, progress on Utah and Morocco are officially on an upward trajectory. MSC probably is too, we just haven’t had the official word yet! My opinion only of course.
Yep, the agent has until year end to get us commercial, very pleased with this incentivised short term deadline
MSC have provided QFI with permission (within the past weeks) to begin procurement of essential equipment that will be needed to convert their ship/s ready for MSAR (trial). That is something that has happened and in my opinion significant. It certainly shows their intent and a level of commitment that would suggest they are very positively engaged. I think MSC will be paying the bill (could be wrong)!
Valkor project has firm short term timescales/deadlines to achieve important and critical milestones - That is new (past weeks). I think the first deadline is in just over a month - so something one or another should be occurring soon.
Things have been happening in a positive trajectory, maybe not with all guns blazing, however, it looks game on based on what has happened in the past month. Morocco is the obvious omission so far, but that I think should be imminent too.
Just my uninformed opinion....
Do we want the BOD to be open, provide regular updates, add commentary and set themselves challenging targets? If so, I am not sure PIs acting impatiently and misinterpreting some of the message is quite the way to go. If we want to encourage the BOD to close shop, not to provide us with any commentary and have prolonged silences, then we are certainly encouraging them to do so. I would certainly be thinking twice if I were to read all this (hopefully they are not)
When there is prolonged silence, there will be moaning about how they don't keep us up to date and lot of wondering why...... whilst it's plainly obvious to the silent majority.... Why say anything when there's a pack waiting to take you down 1 minute after the TARGET (not deadline) has passed.
Questioning credibility without evidence and circumstances is completely unfair. If it transpired that the self setting target was impossible/unrealistic, then maybe some criticism is due, but there's no evidence of that.
I would much rather they set self imposed tough but realistic targets than not bother at all, so I am personally pleased they have done so and let us know about it.
To me it's counter productive to be all over them 1 minute to midnight.
No one is debating that is was their intention to get three contracts signed but you seem to have interpreted that to mean a cast iron guarantee when it clearly wasn’t. It was a target not a slam dunk formality. You would expect it to be a realistic target, so one would imagine it’s not miles off.
As long as QFI are themselves ready to go and conducting client relations professionally and competently in terms of try to arrange the signings, then I’m hood
He didn't say there will be 3 contracts signed, he said they are targeting (trying to) bring them to a conclusion (not exact words). To me that means it's reasonably close and I wouldn't say he's lost credibility if it doesn't happen within April exactly.
At least they are coming out with targets and keeping us engaged. I would prefer that to complete silence just in case some shareholders get over emotional (they cannot risk saying anything).
Maybe I would have employed 46G's suggestion though but only for the benefit of those inevitable shareholders that will cling to every word and jump up and down endlessly (which was always going to happen).
This conversation feels a week early
Surely there’s a good chance we’d get one notification not two separate ones as the fuel supply for Morocco and MSC could be linked, so multiple bits of news in one update (imo).
I think this is about how existing warrants are processed, should we hit those milestones , not new warrants in the future.
I am pretty sure I have those warrants at 7.48p waiting to be hit
Just my opinion but Utah is everything to TOM and is certainly not everything to QFI. QFI have multiple projects not just eggs in one Utah basket. Should projects come off for QFI, then Utah would be a side show compared to what MSC roll out of MSAR would do to the share price.
If Utah fails, TOM fails, but not the case for QFI at all.
From an RNS in October 2020:
"· In the marine market, Quadrise has continued to progress opportunities with the intention of seeking to reach agreement during 2020 for the undertaking of LONO trials with major companies in the container and/or bulker markets."
Also, pretty sure on one of he many presentations or Investors videos, MK has confirmed there are two separate entities, both in the top 3 in the world in their respective fields. One is box ship and the other bulker.
Any thoughts on the the potential LONO candidate? We know it is a another top 3 global company in the bulk carrier category. So is it between the following:
COSCO, Spilethoff and BBC?
Unless we are short term trading, I wouldn't fuss over shot term volatility. Nothing goes up in a straight line.
I guess even a modest/conservative PE ratio is still happy days, just need to land that fish!
Recent months has seen a widening of those spreads again. I would like to think potential users of scrubbers and MSAR might factor in a continued widening of said spreads as we emerge from depressed commodity prices and see the potential increased advantage as time elapses?