Member Info for Kaeren

In addition it is planned ( may already be happening)

that H & W staff spend extended periods onsite at Navantia to gain the necessary experience. Cannot post source but have read at least twice , believe it was when I was ploughing through oh so tedious parliamentary debates.... about a zillion pages to glean one pertinent point.

Good afternoon Broomtree , there are a lot of safety nets surrounding FSS , inclusive of 37 highly experienced Navantia staff onsight at H&W throughout the entirety of the project.

'I can confirm that, as set out in the answer to Parliamentary Question 98697 on

2 December 2022, a team of 37 Spanish shipbuilding experts will be resident at

Harland & Wolff during the building of the Fleet Solid Support ships. The purpose

of these personnel will be to advise and instruct locally recruited labour in a ‘train

the trainers’ methodology and not to perform high-value work on the ships.

I cannot comment on Mr Wood’s statement other than to note that an important

element of the Team Resolute proposal is the transfer of skills and technology to

raise the productivity of Harland & Wolff to international standards, enabling the

company to successfully compete in world markets'

Extract from letter written by Ben Wallace

https://committees.parliament.uk/publications/33758/documents/184456/default/

I view this all simply. I invested because I see huge growth potential , the war in Ukraine , covid when dry docking stopped , the energy crisis , the climate crisis are all catalysts . Uk shipbuilding has been monopolised by certain key players , this gives the MOD limited options if they want to build in the UK going forwards. We will become another option.

The accounts look bloody awful even to a novice.

Every growing company has to take on debt , it is to be expected, it needs very careful mgt. The successful JR was the key to unlock the financing deal.

The company have come on in leaps and bounds.

The FSS contract, Island Magee , Cory , M55 , the 70 million loi , tendering for Scilly. Busy dry docks and we haven't even started to hear about fabrication contracts yet. We may learn the 70 million contract isn't the Sea Rose and receive yet more good news.

The yards being totally overhauled with amazing new cost saving equipment 77 million quids worth of upgrades.

The tech transfer from Navantia.

I'm thrilled with progress thus far.

How the hell anyone can expect not to be in debt is beyond me. These things take time and I for one am not remotely concerned that a couple of shorters placed their bets. They take advantage of trading patterns. If JW continues at this pace and the pipeline continues to grow then we will be looking at many multiples of this share price and that is why I am invested.

Xenor I could have bought more last week cheaper. However even though I listened to the entirety of the JR & was very positive, writing something akin to our silk annihilated them , I had no certainty of the result. Had it gone against us, we could have been looking at buying in much cheaper then 13p.

Hence when price dropped I went in twice today.

Yeah could drop more but I'm happy with the price I got. Also happy to hold long term and watch the story unfold.

Agree with Si D re too many fingers in too many pies but I think this is just JW hedging his bets and in the not too distant future I expect to see him streamlining his strategy and following the money. The most lucrative projects will be the ones that come to fruition , the rest will be dropped , be that regular supply of barges, workboat, tugs blah blah.

73.74 GBX +12.89 (21.18%)past month

Yeah red everyday.

I'd like them to offer it again .

Looking at the supplier liability it would again as already been offered show us in a reasonable light.

The hospitals are using tests and it would just show they deliberately choose not to reach a solution. Hell take a loss and match the price. Let's get the show on the road. Good weekend all.

Just took another 29344 . Each to their own.

Thx shorters. 😊

If you look at NHS spend over 25k, Transparency req's you will see Primerdesign , take Dorset as an example , there is no block in situ re dealing with us. These spends albeit small are post the dispute.

Good weekend all.

Thx V and Pebbles.

I'm not , I missed the memo to sell so decided to add.

We never know build cost. One has to assume as in all bids that the company has done its due diligence and wouldn't be considering bidding if there was no profit margin + contingency + inflation linked

They say they are making an application for the 48 million levelling up funding in the RNS yesterday.

Part of the negotiations could well be upfront staged payments , we have no idea.

With regards to operating the ferries and profit margins , again that is down to H&W to examine and decide if it is worth pursuing. They must have done this or else they wouldn't be entertaining the idea.

The levelling up funding will not he available if the Steamship company pursue via commercial funding.

However if you research there are multiple ways to thwart their plans. Not renewing their operating licence could be one.

Just imo.

HI davand , I mentioned Boots because of the below RNS and it is a relationship that could be tapped , it is current.

https://www.londonstockexchange.com/news-article/YGEN/ygs-to-support-mhc-s-boots-agreement/15965659

A Dear John letter Consuela❤️❤️❤️

https://www.linkedin.com/posts/activity-7103078699805106176-dwqW?

utm_source=share&utm_medium=member_android

See you all tomoz off out out.

Well Wilson I reckon they are sick of the sound of me , don't know where Mandy is as she hasn't responded to my last few mails. It has been posted on here that Yourgene have a working relationship with Boots and supply them tests so an ideal 'in ' to leverage sale of spit and go if required. But perhaps someone else wants to try their luck, obviously too much of a good thing with me. I guess with so few samples it must be difficult to get one to test product against , perhaps they already know from the mutations, dunno.

Look on Harl GB PL you may find them there.

Claim nothing , I'm innocent , didn't say it or do it 😜

Yes thx SI D been following everything I can find , the only thing I can surmise is the phrase has negative connotations and it was not intended in that way. It mean explosive news in a good way.

I don't actually care today DF , this to me is the key to unlock funding at a preferential rate , this is why JW has not accepted deals on the table , he is armed with a very good negotiating tool.

Well Lottie , I think they will have discussed it as they have a close working partnership. No skin off their nose as they've already been paid , but it's the why I'm curious about . Time will tell .

Anyone know who paid for the BMT designs ?

Was it the Steamship company ? I ask because obviously Harl have developed their own , that takes time and they either choose not to or cannot use BMT's design.

Hi Si D , from RNS

Accordingly, the Company will be seeking to make an application for levelling up funding, in conjunction with approved partners (including local councils) for the build of the vessels and ..... I don't think the council will hold the purse strings , the Ministry of Transport will evaluate tenders , no doubt in consultation with the Ioscc , that's my understanding after extensive reading.

HARL would put their bid in to a MOT tender.

Don't know about the crown but booked a taxi to take me to McCafferty's tonight !!