Member Info for Lottie123

Well done for hanging in Thistime(this) year.
Now that the 20day moving average has crossed the 50day (upwards) our sights are firmly fixed on the 20day rising above the 100day. 20/50 crosses have given rise to 50% ish moves and 20/100 moves in the 100s percent, mainly when the cross was downward. If we stay at these levels, it is possible the 20/100 cross will come in 10-15 trading days. If we close above 17.5p and we get the kind of move I envisage that will precursor, the 20day will break free of the 100day much sooner. The last time these trends developed was into the rally prior to the 20p placing. The positive moving average momentum was crushed under the weight of the deep discount issue. That can't happen thus time.

Just read that back...a few typos.

Thistimenextyear in reply to your request for a more detailed look at volume. I have looked at the 3 top AIM turnover stocks and HW would certainly rank amongst them, occasionally, first. These 3 stocks have billions of shares in issue so register bigger turnover numbers. In terms of percentage of company shares in free hands, HW is by far the biggest. If you take the shares locked up or are subject to restrictions whereby they have to inform the market on any disposal, 65% ish of the market cap is covered. This means only around 57million shares are avaliable to freely trade without notification or free float. On that basis, each week sees around 5% of the free float trade. That's madness. Given that we are close to the all time low, a large percentage of sells (excluding a small percentage profit takers bought at the recent lows) are private investors taking a loss. If they are long term holders, no way are they private shareholders selling blocks, most often 50-100,000 shares. Given the average price for longer term private shareholders must be around 40-60p, it would imply they were investing blocks of upto £50,000 and a time. That is not how the majority of private investors buy. So where are these daily sizeable blocks coking from. If not from the 65% of the company restricted, then who? The blocks total between 1% and 5% of the free float, every day. This has been going on for several months. Something is not right. Demand, especially since the debt facility was announced, around 25% of the free float has been traded. Why would that much stock be sold following the most important news surrounding the companies survival (thus negating a much rumoured 10p placing) ...it makes no sense and just by the clip size, cannot be a constant supply by private investors.

The city has shunned defence companies in recent years on ethical grounds, hence, many have fallen prey to overseas takeovers. Maybe that's changing with the current situation. BAe yesterday closed at an all time high and Bab****, a 2022 high.

Never fear, the block seller pulls another half percent of the companies share issuance out of the bag. This cannot go on. Break 17.5p and we will go. However, if he wins, we will be held back until major contracts. Still on target to cross 20 day moving average above 50 day by the close Friday.

Never fear, the block seller pulls another half percent of the companies share issuance out of the bag. This cannot go on. Break 17.5p and we will go. However, if he wins, we will be held back until major contracts. Still on target to cross 20 day moving average above 50 day by the close Friday.

I don't think enough focus is given to the volume in HW stock. Lamprell, who won a wirly gig contract have around 400m shares in issuance vs HW160m...yet they turnover around 50% of HW in volume shares. I guess 100% of the company has been traded in the last 4 months...that is just bizarre. Demand is clearly there but the supply is endless. I know I keep on about this but it's very fishy.

Given the huge focus on wind farms globally but very specifically in Scotland and wider Europe, booking fabrication facilities will become a race this year. Lamprell Plc shares moved higher yesterday as they confirmed a contract to fabricate all the requirements for the Moray West field. The $200m contract is being fabricated in the UAE. The company is to greatly expand capacity for wirly gig bits and bobs. We will hear much more of this as planning is speeded up for the Scotwind and other fields. Lamprell has a market cap of £130m. HW will be booking 2023,4 and 5 capacity this year...I feel sure.

Oldtramp. The link shows that the new loan has now taken IM as security. The agreement document is tighter than a witches nuunn. These lenders have a great deal. Not only charging a huge interest rates but the security is sound. Not sure it's the best deal in town but het ho, it's a start and secures the future.

It appears that a barrier to moving above 17.5p exists. The seller keeps supplying blocks just above 17p. I will be happier paying 18.25p than 17.25p. A close above 17.5 will bring an assault on 20p

It might seem clutching at straws but providing the share price remains at or above theses levels all week, the 20 day moving average should rise above the 50 day for the first time this year.
The continued selling of 25, 50 and 100,000 lumps, convinced me that the seller is an institution with a large holding. The quicker he is done the better. Demand, volume , has been very high so optimism at this level is reassuring.

Where is the stock coming from?

I understand concerns but it is quite normal for chairman not to be time severs in the industry of their appointment. However, his 2001-4 exposure was involved in heavy engineering.
Navy contracts will be based on our assets and staffing on the ground. I am relaxed that a massive salary has not been handed out at this point. Wait till turnover is in 100s millions.

Stokey. Winners of the Scotwind will now likely book advance production capacity with fabrication yards. A bit like a call option premium. They will give a n upfront fee to secure/guarantee future business/capacity.

Have you guys met him? Have you looked into his business record? I have to say he came across as professional when he chaired a recent meeting and can see he has a long, reasonably successful background. Who did you want? Richard Branson?

https://gcaptain.com/uk-raises-offshore-wind-targest/

The government is due to announce, Monday or Tuesday, an acceleration of the planning process to get the licenced wind farms into production far quicker than the current process.

The non institutional event was cancelled due to low demand. I was scheduled to go but was given the Appledore alternative. It is a long way to go so I can understand the lack of interest.

Speculation is rife that Saudi Arabia is about to announce it will accept the Chinese Yuan for oil. To date, the dollar has been king in oil and the world's reserve currency. Should this come about, having been speculated for many years, it may signifying China's willingness for its currency to play a bigger role on the world's trading platform. With the working population now shrinking, growth in heavy labour orientated industries will take a back seat to technology, finance, media etc. Sterling is at its 10 year low vs the Yuan. If another leg up in the Yuan saw sterling weaken 10 to 20%, shipbuilding, amongst other things, will start to turn the pricing disparity China currently enjoys.

Every press article I read amplifies the call to speed up planning/completion of wind farms together with a serious increase in defence spending. I know we have all needed patience thus far but the demand for HW services is clearly on the horizon. We could very easily reach capacity utilisation far sooner than the most optimistic expectation. I would not be surprised if that point is not reached by late 2023. If that were to happen, I would expect net profit in the £15-25m region. Of course, this is just my pie in the sky optimism so a pinch of salt is required.