Member Info for Hebridean9

Common knowledge in industry bad news is always announced on a Friday, HARL is no exception with that RNS.

Regarding the new energy company set up yesterday, local chat is HARL are planning to work with Wartsila (Finland) on a battery storage project to store electricity from renewable sources.

DOG - Your last share tip was HARL, going to multibag you said and its dropped from 26p to 14p. Cracking tip. You are way under water with your share tips, you are a paid ramper from your potting shed, people would do well to ignore your post's.

Sun will set at 23.20 & rise at 03.15 truly the best time of year out here. Captain Pugwash signing off.

Please explain 'resit my pots' are you washing up!!

Yacht's have satellite internet DOG. Glorious evening so far.

Thanks DOG, you do the work of a thousand de-rampers. I can't ask for anymore. I place the bait and wait, simple. I'm not sure JW will pay you this week you have managed (as usual) to descend the board into a play- school, all your posts are just taken as the joke they are (even the ramping posts).

Very few genuine investors take the time to post nowadays as they know how you reply to negative comments. Newcomers, we don't appear to have any.....I wonder why?

Kaeren - To have a 24% NET margin is amazing as a ship builder and just plain silly and you know it. I assume the figures quoted by HARL are GROSS margin.

By the way DOG 'Hebrides Isles' is the name of a CalMac ferry. Don't try to cross The Minch (Wikipedia may help) you won't be welcome. Currently no SNP members have been charged with fraud, I hope you retract your statement, it is libellous.

Had my say, like it or lump I ain't one bit fussed.

Have noted post from Bubble2021 @ 15.58 'JW has stated debt free by end of year is the target'. That's probably why the Astra finance deal has gone quiet? HARL have money in the bank.

Enjoy your weekend, it's joyful weather in the Outer Hebrides. I'm off for fresh scallops and Harris Gin and a tour of St. Kilda on my yacht.

Bubble2021 - You read the current HARL story different than me, let's beg to differ. That's what forum's are for.

Bromtree - My figures are based on current contracts, nothing else to go on. I suspect future profit margins will be in single figure % numbers. It's a dog eat dog world in the ship manufacturing industry. New ferries for CalMac on the west coast of Scotland are being built in Turkey, UK yards were not competitive enough with their tenders.

DOG - A multinational like Kongsberg only has a profit margin of 10.47% - The HARL CEO is known for his wildly inaccurate figures - 24/27% and the institutional investors would be on board now. Not sitting on the slip-way.

Xenor - Previous post's tell a different story.

Quietly confident with my figures Broomtree. Year end figures for 2022 and the finance deal will see the share price at the correct level. Let's see.

How much profit are you hoping for from a government contract? I was being generous at 15%.

Xenor - I would be desperate with your average!!!!

I have just been reading about IOG and the bad state of affairs they find themselves in, they currently have an outstanding bond of £85m at 13% rate of interest, the repayments are a staggering £3.25m every 13 weeks or £250,000 / week (£13m / annum)

Probably underlines why the Astra finance deal for HARL is taking so long and it is supposedly for DOUBLE that amount. It really is a close call if HARL will be able to support that figure of repayment. And, if you factor in 1,000 extra workers on the payroll (mostly skilled welders on £35k a year) you can add on £35m to the outgoings. Add together the extra workers salary and debt repayment for £170m looking around an extra £61m outgoings / annum. I think the forecast to show a profit by 2024/25 is very enthusiastic indeed.

The FSS contract is for £800m over 5 years (£160m / year) a generous profit margin of 15% gives £24m / annum. THE BOOKS SIMPLY DON'T BALANCE on current contracts and finance repayments. Over 5 years there is a short fall of £37m / annum and £105m outstanding on the finance deal. There is no coincidence even after this weeks RNS that the share price is struggling.

The 'multi-baggers' who post on this forum would do well to sit down with paper & pen (I'm old school) and do some basic maths before coming out with their stupid statements.

The Astra deal that is over 7 months late? Still no RNS from Kongsberg regarding the consortium either.

Let's not forget Islandmaghee is currently 'hocked' to Riverstone as a security pledge for the £70m debt deal. HARL would need to extricate themselves from that deal before selling it on.

Nice to see good news at last, but why is there no mention of the news on the websites of the three other consortium companies?

Sincerely hoping the RNS is not another to push the share price before the portent of bad news. JW has history for that.