Member Info for Hebridean9

Stokey12 - Hopefully to put this to bed 'Harland And Wolff (Belfast) Limited. There are currently 6 outstanding charges: 2 for Barclays & 4 for Riverstone.

Stokey12 - 1) I am well aware of the implications for the Riverstone loan, unsure about the Riverfort loan though, is that another HARL loan?

2) Yes I have the correct company - please don't make me out to be a fool. The accounts charge appears to be common knowledge on the board already, so not an issue.

Lottie123 - The management have NEVER given a flying f**k about shareholders. What makes you think they will change? HARL is no different than the majority of low cap AIM stocks to be honest.

The financial news might well see the price fall to 6p, the debt the company will be carrying will be astronomic with little chance of paying it back.

BT - Both charges showing as 'outstanding' so I assume the latest one it is not a renewal.

I had a post removed last week for questioning the companies finances (and other matters) I hope these post's remain as they are beneficial to current and future shareholders in the absence of an RNS from HARL.

I don't recall anyone posting of the new Barclays Fixed Charge Over HARL's Accounts from 18th Dec 2023. Added to the fixed charge from July 2023. The financial woes of this company continue.

The Arnish yard is fabricating five of the Cory barge order. Surprised you missed out on that one LSE03. Local knowledge comes in handy sometimes.

Assuming the barge is in a construction shed there is not much activity going on. Hence the £19m market cap.

Looks very much as though the party planning needs to commence.

Scaffman 18.02 'If I was a CEO and not able to buy shares as being precluded...I would be content for the SP to remain low'. I assume with your comment you are not aware JW & Arun have a 'Long Term Incentive Plan' equating to 10% of the issued share capital. The calculated value for 2023 was 37.5p. Beggars belief that you believe a CEO would be happy to see the share price in the doldrums.

Xenor - Until HARL can provide the 2023 accounts the only available financial information is for 2022 and confirms the rats nest that existed in the financials. A company I invest in have just released their 2023 accounts, a 239 page report, probably no surprise their share price has increased 48% over one year & HARL down 1%. I await a 'Capital Markets Day' from HARL or even a simple RNS with a business update would suffice. Trouble is if it's bad news sub 10p will be around the next corner.

I would not read too much into an A J Bell recommendation, after all a couple of years ago they gave IOG as a New Year tip and look what happened to them. You can't beat doing you own leg work on a company.

Good luck to the investors here, I was a Serica shareholder when Kistos came shouting, still shake my head today at Mitch Flegg walking away.

Si / X - I mentioned my sale that was way back. Do I have to report if I have have purchased / traded since?

The funding issues and the fact its technically insolvent.

Bargepole.

(Quote from ADVFN)

MayAnya / Bubble - Looks like you could be the same person also. Heaven forbid.

Warsila have been awarded a 5 year 'lifecycle agreement' to look after 4 offshore patrol vessels for the Irish naval service. The future does seem to be in long term maintenance contracts, it is a guaranteed income after all.

MayAnya - I'm sure shareholders won't want anymore 'derision'.

Nobby31 - No worry for the employees, they will keep their jobs, the shareholders are a different kettle of fish though, the company is imploding with debt that it cannot sustain. A new company will be formed wiping out existing shareholder value. Welcome to Harland & Wolff (Riverstone Ltd). I will add IMHO, this is not from a daily newspaper.

Kaeren - Re capital letters have disappeared, I have the same problem after a dram or two.

Bubble2021- Re number of typos, have you ever considered a weekly podcast? Save the trouble of a weeks daily typing & we can all tune in to listen to your HARL investment thoughts.

MayAnya - A daily poster on here is approaching ELEVEN THOUSAND POSTS & not one provides discussion or debate to the HARL forum. Maybe he is just a nodding donkey.