Member Info for MaryBr190

nor mine either, not when this is just getting interesting.

Gas rises :)

local news
https://www.newsletter.co.uk/business/green-light-for-islandmagee-gas-storage-caverns-construction-says-energy-firm-3417181

https://www.belfasttelegraph.co.uk/business/northern-ireland/gas-storage-project-off-coast-of-ni-given-green-light-creating-400-jobs-during-construction-40944249.html

https://www.larnetimes.co.uk/business/green-light-for-islandmagee-gas-storage-caverns-construction-says-energy-firm-3417181

capital.com
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The share price of Harland & Wolff rose sharply in early morning trading after its subsidiary Islandmagee Energy was given the green light to proceed with a gas storage project off the coast of Northern Ireland.

In mid-morning trading the Harland & Wolff share price was up by more than 25% to 22.25p.

Islandmagee Energy has been awarded a Marine Construction Licence, to proceed towards construction. Islandmagee Energy’s gas storage project will initially unlock seven much-needed gas storage caverns.

Once fully operational, the gas caverns created in Permian salt beds beneath the sea bed will hold around 500 million cubic metres of natural gas and provide security of supply during peak demand for up to 14 days for Northern Ireland.
UK supply issues

The UK has one of Europe’s lowest gas storage capacities at just 1% of its annual demand in storage, leaving the UK much less resilient to supply issues than other European countries, which hold as much as 20-30% of annual demand in storage.

Once fully developed, the Islandmagee gas storage project will hold over 25% of the UK’s storage capacity.

SP starting to gain traction and credence.

Have a similar ramge too but to much of a spike for me not to trim a bit and reduce average cost of investment.
Great trading stock for me.

Rarely goes straight up.

Hope springs eternal - I read the RNS and it perked me up for sure. I saw update and thought someother delay but wow certainly positive news for sure.

and another director buy.

The Group will release its Q3 trading statement on 2 November 2021. The Group has benefited from an improved Q3 trading environment. This has helped to narrow the gap in year-to-date revenue versus the prior year and supports our full year revenue guidance outlined in the Interims.

Accumulating on weakness here. Great to trade. Dividends and 2022 special dividend to come. You know it, I know it and they know it.

Will buy back down to 78p if it goes there again - although I doubt it will atm.

Got to love the mm with their 10p spread.

i agree the 280p benchmark and the RI reaction on the price can skew SP. My early post referred to the air in the price and 271p as a reentry.

All that matters now is that you exit at an improved price to your entry, long or short.

lol 212 muppets

the ex rights was 8th. You can trade your original shares and rights independently so yes your statement seems correct.

Yes that would be right on the last price before the document came out on the 6th as the closing price on the 7th would not be known at time of RNS release / document print.

IIRC the correct TERP is based on the close of business on the day before stock moved ex-rights.

Either way it is theoretical as it is no longer relevant as when ex rights it is all about the SP, the holding and the cost.

It gives an indication only of what would be reasonable to expect but as we know the mm sent the share all over the place.

It came to no surprise to me that the share price is back here. Individuals are being fleeced now by the market makers, who are accumulating the stock at the levels and because the individuals largely do not understand the games they are getting shaken out here and selling their rights at a reduced premium to Friday.

Over the next weeks this could go lower or higher but the finance has been completed and in hindsight it may be great to sell now or not.

Will be up, down up, down and up downa gain before we finish( lol).
All great for trading.

For me this will be but a buying opportunity when we look forward into 2022 & 2023.

My current average cost of my holding is 8.98p which I will use as a base to add more to.

(Yes I know that people do not agree with how I work out my average. - I do it as the net cost to me - so no whining from the usual suspects)

GLA

Shares prices rise and fall - fear and greed and also when Grant Shapps opens his gub. I will remain invested here, I have my 1st class seat bought and will remain on board.

Not a recommendation.

Trainline has been integrated into Google Maps in the UK, providing Android users with the option to click through to Trainline’s website or app to buy tickets for their journey. It has also recently made Google Pay available to all customers and made it possible for those in the UK to save a ticket into Google Pay.

HTH
Euro 2:15 equates to £1.83 approx.
TERP = (1.83 x 10) + (SP x 21) all divided by 31
So close on the 7th the SP was 345
gives a TERP of 292p

------------------------------
My post 08 Oct 2021 09:27
Anything above 292p today is an improvement (see below), less than 292p a deterioration, but certainly you are not 15% worse off at the current share price.

The closing price (cum div) of 345p yesterday to sell equates to an theoretical ex div price of 292p ((345 x 21 + 183 x 10))/31
approx

My concern is the air in the lift yesterday of 7% with people in to secure the rights may come out so I am looking for a reentry around 271p (292 x 0.93)

HTH

The subscription price is 2.15€ per share

ROFL

These 212 guys, what a laugh.

btw I just chatted with the postman. He said one thing he said another and was not sure, but I will go with him and post it anyway. The stranger walking her dog was not that sure either.

Their opinions, which may be wrong, when one cannot be bothered reading and understanding the RNS from the company or doing any research at all is a valid as the 212 guys.

GLA

That said, having sold my shares cum rights at 347. I am now back nibbling again at these levels.