Member Info for jfk9

Half a penny divi paid in two installments would be very affordable at a cost of £2m. It would provide a yield of 7%, show a commitment to delivering shareholder value, encourage retention of share holdings and preserve sufficient funds to grow the Business. To me it’s a no brainer.

Tango I hope you are right and good news if generates a volume of work. I note their is no mention of profit margin. I suspect that in the midst of these tough times margins will be very tight. For me IM remains the jewel in the crown, not convinced we will ever see a substantial return from H&F.

Si, my sentiments entirely, can’t help but think that the ML can will be kicked down the proverbial road for a good while yet. Deeply frustrating and most disappointing

Successful shorting relies on exploiting ill-informed and fearful investors, perhaps now not so many left here

Evidently confident as they increase the short to.91%

£40k buy just after hours, suspect that's a proportion of the short being covered. Disappointing for those spooked into selling, but that's AIM

There is no evidence that they are losing money. They are a very low cost producer in Vietnam and given that 50% of production this year is hedged at $53, then Egypt losses would need to be astronomical to An overall be loss.. I think that highly unlikely.

You may well be correct. A distinct lack of meaningful cost data in past years accounts and the 2020 agm update makes it very difficult to draw conclusions. At least not paying a divi preserves cash. It may well be that the Egytian venture ends up crippling the business.

SSE announces commitment to significant investment in wind farms, hopefully that will translate into work for H&W.

Hopeingmore, don’t see how you come to that conclusion. Cash operating cost $12/bbl and expectation is 25% reduction in operating costs. With hedging in place and rising oil price this must surely bode well despite Egypt

What a waste of money the ill conceived Egyptian venture is proving to be

In the absence of news on ML it seems likely the sp will drift down below 0.3p providing a great entry point opportunity. If so I would be very tempted to add another 2 mill

interesting feature on this programme today discussed studies underway to mix hydrogen and bio-methane with natural gas to reduce carbon levels and prolong the use of the existing grid infrastructure which would be prohibitively expensive to replace. This would obviously lengthen the life for natural gas requirements and thus storage facilities.

As SD's work has demonstrated that, despite the huge volume of shares on issue, this stock is very tightly held by investors who, like myself, have been around and accumulating for quite some time - a consequence of which is that many of us are sitting on losses. When news lands, which it undoubtedly will, there will be a clamour for the little stock available as I don't see many considering selling until the SP has risen significantly.

I’m holding 18 million, having come this far I have no intention to sell, **** or bust for me!

Ventilators production, anyone know whether H&W has any involvement?

My share holding now decimated to a few hundred quid in value. Not worth selling but doubt I’ll ever see a return. Painful lesson learned.

As they won’t pay a divi now would be a good time for them to buy back shares at a bargain basement price.

Way things are going it won’t be long before the management will be able to take the business private for under 10p a share!

Not long before testing 40p and some, only to be expected after 50% divi cut