Member Info for Kaeren

Stokey, as you correctly pointed out , author unknown to us and therefore I choose to ignore. If the company had responded then I would be asking for an RNS.

Now four months since Pirou named as shipbuilder of choice by IOSSG . Even a physio appt cancellation results in a 50 % cancellation charge. The clock is ticking, there must be activity ongoing re this as it could become very costly.

News surely must surface soon. 🤷

Do we even know if anything has happened except them naming the shipyard . The delivery date must be questionable, the shipyard won't be sitting waiting for a possible maybe, slot could be filled. Just saying even though nobody asking🙂

Yes I know, think it was perhaps you who informed the board and I recall checking to validate those stats.

My comment arose because that inf wasn't included in your post about the possibility of an appeal. The odds of an appeal being turned down are stacked heavily in our favour.

Si _D , agree, there may be other requirements that H& W can assist with too , the devil is in the detail. That I believe is why no RNS yet!

Obviously something has happened in Sardinia that has resulted in the ships arrival at SRQ. How sudden was this ? Have we even quoted for any works yet ?

Even a paint job is not standard , size , amt of windows , the unusual colours/ pattern.

I expect to have to wait a while on this.

Would be great to know who is onsite quoting for various components of this refurb.

Might be H& W project managing and subcontracting.

Did the American office instigate this , whatever 'this' turns out to be. Like many things with H&W this is a waiting game, but with the end date set for June time is tight.

Who knows, perhaps the scope of the work has changed. There must be lengthy lead times for marble etc.

Rambling post but basically I am not surprised no RNS yet.

If they are allowed to take the case to the Supreme Court.

Peter very very hard to say exactly how a good win would play out. A lot of vocal folks hold miniscule amts, indeed as we all ( mainly ) suspect, some of the more bizarre posters hold zero and get some weird kick posting.

We could see buying from the big boys and the prospect of M&A rises to the forefront again, both NCYT actively pursuing other companies and potentially NCYT being acquired. Additionally an announcement re a decent CEO could be very beneficial to the SP.

Since GM's departure we have been sorely lacking in that arena.

Hopefully by June we will also have a decent idea re how the Ranger take up is progressing.

I'm sitting on the fence with my plans re this until I am in possession of more facts.

There are also plenty of peeps who just won't entertain investing in a company with litigation hanging like a noose , true definition of strangulation .... NCYT since the DHSC dispute was announced.

Ssh ;)

That's an understatement !

Great Lse03 👍 he also says on linked in that he is excited to see the new colours.

According to this article the refurb should have commenced already in Sardinia , it obviously hasn't , or it wouldn't be sitting in Belfast until May ( can't see that date on vessel finder LSEO3 ) so assuming date is correct, there has been a major change of plans.

https://www.cruisemapper.com/news/12661-margaritaville-at-sea-islander-sail-out-of-florida

Think u best book for summer , Molls don't wear much ;) those bikes might be cold:)

I think you know what I meant by twisting Broomtree. Night zzzz

'Let's twist again like we did last summer'

Yes it's what tge company does that matters. They won a third contract, client happy. I'm happy.

That must mean the refurb is mainly being completed in Belfast LSE03, let's hope we get more than a look in. Positive news THX

Well Broomtree something has changed , we know your position has as you've told us that. However this is what you said at the time about the barge delays..

'In that sense I found it helpful; the (apparent) delay in the Cory Barge delivery was explained;

Well I wasn't at a loss and elected to hold . There is a risk though Christatdrg , I think it is a risk worth taking as I think the odds are very heavily stacked in my favour.

When the finance package is announced 😋, then I may well sell some other holdings and further increase my position.

If I believed there was a considerable risk then I simply wouldn't hold.

FG it's not larger institutions , it's LTH's who hold large positions, scalp trading with a small portion of their holding & why not , anyone and everyone could do it if so inclined. Then you have others who do more than basic research who don't hold huge positions and exit totally knowing it will drift before next big Katalyst. Pleased to see JW has copped onto providing timelines , I prefer suprises .

Quite an emotive subject header.

Lest we forget.

JW definitely made repeated errors in announcing dates for the agreement/ delivery of the required financial package.

However as UKEF is a ministerial dept , the wheels turn slowly, very slowly and the audit took many months. In addition to this UK Parliament was in recess / conference for over 140 days in 2023. These two factors alone added 8 + months when negotiations were stalled.

The deal JW & Arun are attempting to close does not fall inside the usual remit of max 80 % guarenteed , as we were informed last week, they are pursuing a hitherto unheard of 100 %. Personally I can comprehend the duration of time it has taken and therefore am more tolerant then many when considering it in it's entirety. There are however ( rightly so ) many clearly uneasey about this extended time and also we are all aware that the cash to keep the company afloat has not got an Indefinite runway. Time will tell , I strongly believe that is why we sit with a mcap of 20 million and the potential is totally discounted.

The entire situation is exacerbated by certain groups who focus on speculative negatives. Harl is a high risk , high reward share, if JW delivers the package I believe I will stand to gain substantially, if he doesn't then I could lose my entire investment. My money , my choice and entirely my responsibility.

Bring it on.

Err, me thinks was a joke re the crane & alluding to what another poster said to me about 'basic research '

;)