focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
How is maiden revenues insignificant? Did you read the part of the RNS where they expect cash break-even this year????? If you don't trust the company sell up and move on. But I'm not selling just when it's getting good, that's for certain.
That's wrong though. They haven't "failed". What they did instead was generate maiden revenues and create a pipeline of billions of potential contract work. We all thought the ML was weeks away, then covid happened. So it's not just the BOD that were incorrect, unsuspecting things happened.
Who cares what German yards and the EU are doing? We have 2 of the 4 biggest docks of any shipyard in the EU. If you sell at a loss that's on you. You seem to have a number of misunderstandings about the business.
Lottie why would you not invest for longer? I have bad news for you, 18 months really isn't a long time to hold a share and watch a company develop itself. Whenever I invest in something I consider whether the company will be more profitable in 5 years than it is today, and the answer for INFA is a resounding yes. We have gone from a company trying to build a salt cavern to making maiden revenues after some very significant acquisitions of 4 marine engineering factories, tendering for contracts, planning to be a big part of the Brexit shipbuilding surge.
How anyone can be unimpressed with this is beyond me.
The 2nd part of your post coffee is a bit harsh - you can't expect a company to not invest in its own future. Making capital expenditures to enable future expansion is a good thing, not a bad thing. To suggest otherwise is short term thinking, which is ruinous for any company.
On the mark once again PJT!
We should really see the company start to ramp up soon I hope. More EUS, stable cost base, let's hope it gets reflected in the SP soon enough. I think we have a 5 bagger at least on our hands.
Agreed PJT, anyone who has been holding as long as we have would be mad to sell out (at a loss, I might add) when things are starting to get good
"not for the faint hearted" well most AIM companies fall under that statement don't they?
Indeed PJT, yet we have people trying to fearmonger and weak holders who are starting to panic and cry about it very publically. Anyone who is being kept awake at night by a company doing a placing should sell out of stocks and buy a scratch card. You know the ones I mean
Feel free to sell your holding and move on avyererdowt, your posts are starting to come across as blatant fearmongering to me. There's no way anyone can read the multitude of recent RNS and find anything negative in them about the company's progress aside a placing (and even then, many will not see that as negative as it procured much needed cash to progress).
The company's market cap has nothing to do with IIs. Market cap is just share price x number of shares in issue. IIs generally don't care about AIM companies so I'd drop any concern for them at this point.
A good summary droderick!
I told you all there was no worry. "oh noooooo the placing hasn't been announced as finished 5 hours later, there's no interest!!!!!!!"
Onwards and upwards
The docks aren't empty and neither are the yards. Have you read any of the RNS in recent months or the reports by some posters here who have actually seen the docks with ships in them?
I don't give investment advice speedy, just echo the sentiment of bubble and others - why sell out now when things are just starting to get good?
You can sell out at a 66% loss or remain invested and lose nothing. Furthermore, you will profit when the SP moves upwards as fundamentally this is a good company. Strange you choose to sell just as things are getting exciting.
" the BOD have given "0" reason to invest" Well that's obviously not true - we have a salt cavern awaiting the ML and have since bought H&W belfast, Appledore, Arnish, and Methil, and have generated maiden revenues and have billions in potential contracts in the pipeline.
"they offer a placing at a virtual 25% discount, you should ask why!" Because bookbuilds don't happen quickly at high prices?
If you believe JW is just some shady character out for bonus money and not to build this company then yes I agree - do sell up and move on. Good luck out there, it was nice talking to you. For the rest of us I am happy to wait.
Speedy why would you sell out now of all times? And at a loss? If you don't have urgent need of your money why sell out at this pivotal and exciting period in the company's development? To me it just makes absolutely no sense whatsoever, but if you're done here then good luck with your future investments
I know what it's like to be 20K and 30K down. If you believe in the company just hold and maybe put it in the bottom drawer. I will be keenly watching however. I presume we are all fundamental investors and not just traders - usually when the price goes down, the traders don't know what to do because they never really had a real reason to invest, whilst the fundamental investors hold strong until the market realises the company's true value.
More good news is on the way, if you don't desperately need to pull your cash out of the market just hold tight.
he's not a good guesser and probably didn't know anything. The trolls who go so far as to say "this company will be bust within months" are always proven laughably wrong, both here and on every other share I've invested in - so they stick with making predictions that seem plausible, such as "ooo there's a placing coming!". Which is why they arranged for a fresh account with only 8 posts to make such a prediction - they don't want to risk losing credibility on the accounts they've been posting on for long periods of time.
Which to be honest isn't hard to do when you have a company that you know has only just started generating revenue
My other big holding is a SA company where the workers have gone on non-union approved strikes twice in 2 years, where the officials are corrupt and there has been a massive institutional seller offloading shares suppressing the price for over 2 years. So yes, avyererdowt, INFA is like a walk in the park compared to that. UK company with good management, smart acquisitions, a large pipeline of tendering, some of which we will win, maiden revenues made and cash break-even on the way, ML on the way, what's not to like? Do you really think that's existence on a "Knife edge"? A company which is expecting to break even this year?
I took part in the last placing, and I suspect I might take up a small amount once again. JW has pulled a rabbit out of the hat more than once with his highly successful moves in competitive bids for these assets. We took over H&W, the engineering firm that built the titanic, in the face of significant global competition from other bidders, which has diversified us from just a salt cavern that has yet to be built, into a big player in the UK shipbuilding industry which we expect to be bolstered due to brexit.
How anyone can be more upset than pleased, I don't know. Yes it's true that nobody likes placings, but we are not a mining exploration company which does a placing every year, they will end at a point.