Member Info for jfk9

MMs are playing it, in between news flow. Seems to move between mid 120s and just under 110, I sold £2000 worth recently. I’m just bought them back this morning at 108 .5. Might as well take advantage of the games being played.

The market clearly has no confidence in JW’s plans which are looking increasingly flaky

They should have just stuck to gas storage and sat on IM until comes good, which it undoubtably well. I can’t see ship building ever making money and the fact that the shareholdings of JW and AR are so pitiful, is a reflection of the fact that neither do they. They are not prepared to risk their own money, just pay themselves generous salaries.

I am no shorter, having been invested here for many years. Just frustrated to hell by what looks to be a misguided strategy.

Not so sure, costs are spiralling and no significant new contracts in an industry where margins have always been tight and reliance has been on public sector support. Hardly a recipe to attract new investors.

I don’t doubt that eventually common sense will prevail and IM will get the go-ahead. My fear is that the man with the big ego will squander returns from here on his shipbuilding empire.

If NC wishes to obtain approval to allot shares, he should start buying some so he can have some influence on the outcome of any decision.

I suspect JW and AR are are still trying to count the costs they can’t control. Doubt it will take them long to count the revenue.

Radio 4 this morning, head of Centrica stated that part of Rough will be brought back into service today providing 6 days UK storage, so increasing total UK storage to 12 days. This compares to more than 100 days in France and the Netherlands.

Looks like the only ray of hope is a positive outcome of the JR for IM. Having said that, I wouldn’t understate JW’s ability to screw up the commercialisation of a positibr outcome. What a shambles!

The only chance of us making 20p by September is a positive outcome on the JR. Even if that decision does go our way I would not be surprised if any immediate or downstream return is just ploughed into the core shipbuilding business which, as I have said previously stated and still believe, is unlikely to ever to show a sufficient return to benefit shareholders.

I do hope my pessimism is misplaced!!!

He has we evidence why is it up and makes a decision. It’s not rocket science, no wonder the economy is in the state it is in and catalysts for growth are continuously stifled.

14.2

Reported as sells but likely these are buys this morning. I know because one of them was my top up!

Seems to imply some are anticipating an unfavourable outcome of the JR!

Will the JR deliver an outcome on IM next week or or is next week set aside for the judge to hear evidence and arguments on both sides, then take time to review and come to a decision?

I would be more than happy to a sustained sp of 50p and a dividend of 2p

Agree very encouraging, I certainly took opportunity to top up under £1

Looks like the share price will drift down until May, we then really need a favourable outcome on the JR for IM to see a change in the companies fortunes.

Looks like mms are walking sp down on very low volume.

Xemor, , that RNS was aspirational and highlighted revenue and cash flow which doesn’t necessarily generate profit, the only reference to which I could see was

‘At turnover levels of £200 million and above, the Company would expect to be in a position to generate sufficient cashflow to initiate returns to shareholders’

Profit projections from I am were previously far more detailed with actual numbers.