Member Info for Nobby31

I have raised this with them on multiple occasions and they have told me each time they are in a closed period. The reality is they can effectively nominate to the broker some of the time if they wish to be closed. It is and would have been entirely possible on multiple occasions for the BOD to acquire shares since May 2020; but they have chosen not to for their own reasons.
If anyone can find a copy of the Investor Roadshow video please could they kindly send me a link as it is now pretty clear the BOD will not be posting it ; for reasons that are unclear but also concerning in terms of what was said

Lottie123 I agree. However given their record of openness towards retail investors I do not expect we will hear anything soon. They possibly feel they’ve done their bit after the Investor Roadshow.

Buying up all these yards is a massive dice rolling exercise by JW in my opinion. One yard was bold but they’ve now created a big problem needing to service the running costs of four sites.
Recruitment continues at pace and it’s a real chicken and egg situation staffing and tooling up to win business to be able to credibly bid all whilst burning cash at a rate of knots ; hence the numerous placings.
Where will it end?

https://www.navantia.es/en/navantia-4-0/shipyard-4-0/?cn-reloaded=1

This is what it’s all about going forward - Shipyard 4.0
We’ve got a long way to go to get there. Navantia could help but they are effectively competing with us in other sectors

It seems very evident there is someone shorting this stock. I hope they get burned if and when we get the ML

There have been a few screw ups along the way. Fortunately for the BOD there is no Dominic Cummings to show and tell. So long as they have some awareness and learn from the mistakes then I’m hopeful we’ll see a better run company emerge in time. I do think they need more working capital to mount effective bids so maybe the ML may help facilitate that. I’d like to see more openness and communication for us beleaguered retail investors but recognise there are also confidentiality issues in play; a restructuring of the Board is essential.

Thank you for the reminder poker chips
It’s just my concern is not the undoubted enormity of the pipeline but the potential enormity of infrastrata shares in circulation by 2025

I think your post rather sums up my feelings.
It's constant dilution with jam tomorrow. Some jam now would be nice but they keep coming up against various hurdles as to why this can't be delivered.
I can see a few successes during the course of this year but the dilutions are really hurting now.
Where has that investor roadshow gone? The silence is deafening so as the PR department reads this please at least give a reason why you do not want to post it as I am going to keep asking, as others have been doing. thanks

I’d really like to watch it again as I missed about half of it
I don’t understand why it has not been posted .... any thoughts ?

I wouldn’t suggest it’s been saved quite yet but it certainly has had a reprieve which will be most welcome for the workforce and local businesses. It’s building towards being sustainable however that will require £42 million turnover in future years based upon current assets. The phase 2 Saipem award is fairly crucial to this.
I’d hope they are able to announce a couple of £5/6 million awards in the next 2-3 months; as they just put an RNS out for a £1.6 million contract then I hope we have set a precedent for anything at that level and above; in which case if we don’t hear much it’s because we are still only able to win the smaller ones which whilst a help won’t keep us afloat

Tango1. My thought is that the new acquirer would come with their own order book. They would then have control over this rather key element of their supply chain at an incredibly low price (given they will be fabricating hundreds of millions of pounds). Also they can still win other 3rd party contracts from “the pipeline”

With all the infrastructure spend in the "pipeline" I see us as a potential takeover target at this price. Would need to be a bold investor but the likes of Saipem who already own yards is one candidate. I'm sure there are others. I think a lot of shareholders are losing faith in the idea of this being a multi-bagger but there could still be significant upside for the patient ; just wish that the Minister would get on and award the ML as its only a bit of over salty seawater for a few years for goodness sake!

I consider the possibility of the acrimonious fallout with Gresham House. They sold down their shares because they could not persuade the Board to change its structure such that its corporate governance was befitting a company with the profile it has built. GH held about 5% and I wonder if someone is shorting the shares as it would not take much to suppress the price.
I do think there is a growing realisation that we now need a "functioning" Chairman with experience working with the City institutions as more cash will be needed; secondly that we also need an NED with teeth. It will happen as otherwise INFA cannot succeed as you can't win against the money 'men"

I think the only way the Company can turn a corner in the next 6 months is with the award of the Marine Licence.
I do expect the Board will be advising us of new contract wins over the next few months but these will be < £10 million; still good news but not hugely accretive and they will have to fight hard to win them which translates into lower margins.
As JW reminded us this is a long term investment proposition but just how long that is remains uncertain and I’ve certainly had my faith in the business tested these past few weeks.
I’m not sure if they can deliver or not; that’s AIM!
I honestly am in two minds about whether the Board can deliver the goods or if we are stuck in a rut.
What’s clear is the UK is on the cusp of a significant period of industrial growth and inward investment, some of which we all hope will come our way. It’s been a long wait already and whilst I don’t think we will go bust, we are limping along. We hear that we have a lot of irons in the fire but for me it’s all about the ML being approved and bringing in a swathe of investors from the energy sector.

Another of my concerns about "this lot" is that due to the fall out with Gresham House and their sale of their circa 5% shareholding, there seems to have been a persistent seller (or possibly shorter) of the shares. I think there may have been some bad blood as a result of this. It doesn't take much to keep a lid on the SP with all the other day traders in play.
Whilst we stumble to get some sort of escape velocity from continual placings and dilution and a lack of tangible new business, it's possible we could become a target as I mentioned earlier in the week.
What's to stop BAe who are short of yard capacity making a bid, or a foreign shipbuilder such as Navantia acquiring the business or even a couple of the wind farm developers like EdF or Smulders, who will be committing billions over the next 10 or so years from protecting their supply chain by taking control of the yards that INFA has acquired? This could be achieved for a relatively small outlay. The longer the malaise the more likely this becomes imo.
I am in no doubt the ML award would be transformational for INFA and shareholders but I can see this being sold off to focus on the shipyards albeit at a very significant sum. For me this is the most precious opportunity for Q2 and Q3.

Then perhaps you could reconsider your presence on here.
The BOD read this Board

I've been here since 2008.
I'm not here to accept or deny your views.
Some of the posters on here are BOD

Are you John Wood?

When Mr Wood and Mr Raman purchase some shares, which I have asked them to do on several occasions since the last time one of them made a purchase at least a year ago and in an insignificant amount; then I will renew my confidence.
I do not buy into their claim that they seem to be permanently immersed in a closed period that prevents share purchases.
This is definitely something that between the CEO, CFO and Nomad that needs to be addressed with urgency. There is no better test and evidence of their commitment to the company and it is top of my list for them to address. I am not interested in hearing about the numerous contract negotiations they are involved in and on the cusp of delivering until I see them investing my money (and yours) into Infrastrata plc shares.

I expect there to be RNS's soon about the two new investors (IIs) that are on board at the low price we are at.
I also understand that the existing IIs took up their rights ..... well, why wouldn't they ?
A new look Board will help us in the City - that's to come in 2021. On we Go

The Irish are going to be exposed to higher gas and electricity prices . Tight European gas fundamentals and ever stronger utilisation of gas in Asia is and will continue to pressure supply. Prices for this winter on the NBP are already close to 70p and the little storage we hold in the UK is being called upon such that stocks are at historically low levels (similar to 2009/2010).
The majors already have to pay to store gas in Europe via the interconnectors simply because there is little capacity in the UK. LNG is very fungible and will go to the highest price market; the UK needs more gas storage or we will see more price spikes and higher consumer prices. Carbon prices hit $50/tonne yesterday with most thinking there is further to go. Storage acts as a dampener to volatility; I'm not saying security of supply is necessarily an issue but it's going to get increasingly expensive for electricity and gas consumers. I think that with proper monitoring ( of the salty water) and a commitment to net zero on emissions the IMSL project operations (using green-powered electric compressors and pumps with HVO fuelled back-up generation there is nothing not to like about this project. It is very low visual impact and is quoted in various European strategic fora as a very important project (this from a hydrogen storage perspective). None of us have any idea what the Ministers and their advisors have been doing for the past 6 weeks since DAERA passed the decision to them but one would hope that cross party politics does not cloud the clear benefits to all (including concerned greens) of giving it the green light