Member Info for Hebridean9

Far from it Bubble, I applaud HARL and the number of employees it now has. I just doubt the current company debt can be serviced, lack of contracts for Scotland and no news on the finance negotiations will have dire consequences on the share price. JW & Arun will happily run the company dry and pick up the pieces for a pittance when it goes tits up.

Arnish has blossomed in recent years, taken on apprentices and the old BurntislandFabrications is in the past, but its needs good paying long profitable contracts to have a future. Methil made 120 employees redundant earlier in the year, it struggles with worker relations under JW and lack of contracts may bring it's demise nearer.

The off-shore wind industry that was to be HARL's saviour in Scotland is being punished by high interest rates, no interest in the latest government auctions and they have to compete with Global Energy Group at the Port Of Nigg who are a much bigger concern.

Consuela - Worse to come, when the finance deal is announced the share price will plummet with the dilution that comes with it - check SOUC.

Stokey12 - Value is actually 816 - proves I actually READ & UNDERSTAND posts unlike some that just skim and post stupid replies without any foundation.

Scaffman - The 'tangible assets' are hocked to Riverstone to cover debt, hence the struggle to arrange new finance. HARL is currently a basket case and not for institutional investors. Debt projection for beginning of 2025 is £211m - check the house broker forecast. Have to agree 'cheap' but not 'credible'.

AimMaster2018 - Eleven months later & still waiting for news on the debt consolidation. The master of the dubious RNS's looks too have struck again. Maybe he is after subbing a loan from the RNLI.

More like JW is the slippery one with his previous dodgy RNS's.

DOG - I have knowledge of UKEF with Scottish Salmon Exports - HARL do not currently meet the criteria.

LSE03 - I understand it as UKEF will not come onboard until outstanding debt's are settled. Existing lenders may consider a debt for equity swop to alleviate the chasm that currently exists in HARL's finances.

Aye up me old mucker DOG - You still hassling the night shift security at Belfast?

Expecting one in Peckham as well. This outfit gets more like 'Fools & Horses' everyday.

Announcing the new finance deal and some big new contracts would be better than brown nosing around Party Conferences.

just been catching up on the day's aim news, quote of the day has to be 'let this be a lesson learned never to invest in a crappy little aim share that has a mountain of debt'. the company concerned have suspended share trading and are appointing administrators.

i hope jw has some good news to announce for the debt finance deal before the same happens to harl. must be running out of time now nearly 11 months after a **** sure finance deal was first announced. good old john, loves stringing em along.

Stokey12 - The figure of £1m profit is EBITDA - The losses still apply - Cenkos report 8th September 2023.

Xenor - Where do you get your figures from to substantiate breaking even next year? Just curious as the house broker is expecting a loss of £24m for 2024. By the end of 2024 the accrued losses will be approaching £120m. Are investors really comfortable in a loss making company?

Lottie123 - You posted on 31.08.23 "The closing price is key for me, above 16p and the house gets remortgaged". It closed at 17p. The price is now is now 12.5p - 13.0p - I have a spare room in the beautiful Outer Hebrides if you need it.

I used to be a HARL shareholder (to show support for Arnish) but lost confidence in JW with his spurious RNS's, I think the city have caught up with him as well. This boat is sinking.

Lottie123 - It would be even better if the board of directors made some SUBSTANTIAL PURCHASES to show they have confidence in the company moving forward - Currently JW 0.57%, Arun 0.15%, Groat (chairman) .04%

TDF - When I see JW & Arun dip into their own pockets for a bigger holding I will do the same.

Also a good time to announce a placing / debt for equity swop - as mentioned in the June 2023 Annual Financial Report the company needs more capital.

Bubble2021 - You never did say why you were sacked, care to tell us?

Broomtree 15.38 - Hence why I distinctly posted under the stewardship of JW - I was well aware of the previous history thank you.

The project team was unanimous in its decision to appoint Piriou as its preferred shipyard on the basis of EXPERIENCE, TECHNICAL EXPERTISE IN DELIVERING SPECIALIST FERRIES AND COMPETITIVENESS - Qualities HARL do not currently possess. HARL under JW do not have a portfolio of building anything other than Cory barges. I doubt a few strong words on LinkedIn will change anything.