The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'm going to suggest that we will get a firm decision out of UK government on some form of financial guarantee before the end of the month. I do not think they will kick this can down the road for (possibly) Labour to take the decision on. I'm keeping my fingers crossed. GLA
I don't think that you really need to concern yourself with the answer to that question. Focus on what you can change for the better not what you can bring down and destroy. Suggest pop the kettle on, make a nice cuppa and have a good read of the Desiderata. Good lad
... you can mark them. HARL will receive a financial solution with UK gov; it may or not be UKEF (100 or 80%) or another form of support guarantee but it will arrive and it will assist the company. If you don't believe this you have probably already sold which is understandable. No one has played a blinder here and it has been messy but I firmly expect the media hypers, polticos, paid journos, shorters and BOD "dislikers" aren't going to be successful in their quest to trash this company. Such a shame there are so many of them; seems like we love to kick ourselves up our own backsides in this country. What price success!
It is interesting to see those that actively relish the thought of the company failing. I think this is more to do with an active dislike of the CEO than to see jobs at risk in NI and the ongoing duopoly protecting its cherished position of being in a 50/50 shout of winning billions of taxpayer money. It is not going to happen; now the cabal of those that are seeking this outcome on the bigger stage is clearer than ever then in imho the worst outcome for us is 80% vs 100% which would not be ideal but there will be protections in place should this occur. Some of the recent large contract awards are going to be considerably larger than the quoted figures, considerably. When this is in the public domain along with further business I think the so called axis of evil (not really that just protectionists ultimately concerned about their share price) will back off and be accepting they now have to perform considerably better than they have had to in the past. It is a troubling time if you are inclined to believe what you read in the press but I remain confident we will not only survive this turmoil but come out stronger.
Would now be a good time for the FD of the past 5 years (who has trousered about £2 million of shareholders funds ) to buy at least 500,000 shares? Or, hold on, do I smell the tired old excuse of another closed period. Get your cheque book out Arun
The wait is frustrating but as has been said, the big decisions we require are with third parties in most cases. The one thing I hope the Board has learned from the last few years is that they need to get the timing right on delivery of objectives; not guesses, estimates or projections. The fact that they haven to date done this very well has created a big dent in trustworthiness and credibility and, imo explains the the lack of institutional investors. It is not the debt that keeps them away it is the Board; for those that are connected ask around, I have. Classic AIM where no one at the top wants to give up on what they have got by changing things around but this is what needs to happen; there are some very talented folk out there that could deliver for the shareholders and recognise their worth in this venture. I am not proposing a revolt but I would like to see things improving in corporate updates to shareholders and greater insight into the business strategy, objectives and deliverables. It doesn't feel to me much like the Board behaves in a manner that it understands and respects the fact that it has responsibilities to inform the shareholders (ie the owners of the company?) much more effectively that it currently does; and there are not many sticks that we as PIs have to wave. But that is AIM and we all know it. GLA
For those that follow football which I do a little I have come to the conclusion that if HARL was a football team they would almost certainly be Millwall. Why? Because they are often heard to chant on the terraces that "no-one likes us but we don't care" .....
Wow what a cabal. Any number of them are likley to have it in for us and do what they legally can to ensure HARL does not succeed. They won't want competition as it will frighten the life out of them and their cozy business models.
I had thought that she was a lady called Lisa. I know the surname but I don’t think it is appropriate to disclose that on this chat as there are some less than amiable folks that are present. Anyway I may be misinformed as Consuela has advised I am incorrect. I don’t understand the basis and background for her spirited dislike of the CEO and perhaps we shall never find out. Whilst I am all for a balanced board and there is inevitably lots of conjecture concerning this companies prospects we all ought to try our best to be factual; me included! On an earlier email asking about what we want I’d like to see profit, a more balanced BOD and the storage project moved forward to the next stage; ideally FID