Member Info for realturbo

Sorry, didn't want to start off anything, it's out of my system now :)

I continue to hold with my belief and patience still strong. Content to wait for the longer term. Many have commented that the doing nothing can be hard strategy to follow...

Speedy, In relation to your 09.29 post ....

[Just wanted you use that phrase :) ]

Reported on 23 Feb 2021

https://www.thehighlandtimes.com/news/2021/02/23/isles-mp-hears-infrastrata’s-ambitious-plans-for-arnish/

Most likely people have seen this already:
"Na h-Eileanan an Iar MP Angus MacNeil (pictured) spoke last week with the CEO of the firm Infrastrata to discuss plans to revive Arnish yard on the Isle of Lewis.
Mr MacNeil discussed the plans with CEO Mr John Wood.
The plan includes the creation of a good number of new jobs including 32 apprenticeships by 2025.
Mr MacNeil said:
“I had a very good call with Infrastrata about Arnish.
Their plans would seem to be in tandem with other operations that they have, although Arnish would be looking to stand on its own two feet.
“Infrastrata has a good reputation for productivity and quality, which they say Arnish also has, and hopefully there will be an opportunity for apprenticeships there.
“They have a good track record in this area and know the business well.
“They are doing quite diverse things to end the boom and bust and to keep the steady stream going at Arnish in various areas.
“It is not for me to give details of what they hope to do, but them seem to have their feet on the ground and are ambitious for the future of the Arnish yard without the peaks and troughs of work.”"

"Nonetheless I'm betting those recent Sellers will soon come to regret their actions."

And those who had belief will reap the fruits of their patience. Like I said before, I'll say it again, "Belief, patience, long-term hold". I'm not looking for a big day tomorrow or next week. Happy to let things pan out under the expert capable helm of John Wood and watch the steady trajectory of the SP northwards

Time. Bid / Offer. Quantity. Price
16:29:57 36.0 / 37.5 9,046 @ 37.47

Just topped up - that last trade of 9,046 was mine. My holding now is made up of al 3's!

Belief, patience, long-term hold

Have tried several times, I'm able to buy or sell at exactly the same price, never seen this before.

NB. No way I'm selling!

Thanks for the link, very interesting. He makes a good case for holding MERC for the longer term.

Who's Reg (link would be good)? Have been watching over recent weeks and it seems that somebody has been quietly picking up MERC without causing much of a riffle in SP. But the SP now seems ready and primed to take off (I have also been topping up as well from last week). I get the feeling a positive move is imminent, driven by I don't know what.

Have noticed a lot of buying and very little selling recently, is something brewing....?

Title should read "Harland & Wo iconic shipyard at the forefront of UK long-term modernisation of defence sector"

(cannot see any option to edit messages)

"Right now, what most have seen of Harland & Wolff is mainly shipbuilding and fabrication. For us, that is just the tip of the iceberg. Now we’re looking into markets dealing with weapons systems and system integration. Looking at the skill-set side of these projects, we are focusing on building up in that area. However, we understand that before you enter an area like that it is imperative that you have the right leadership and the right team.

We certainly have some big ambitions, but we have to grow at a steady pace. There is lots to look forward to, especially after the Prime Minister’s announcement. There's work in the UK, there's work outside the UK, - it’s all to play for."
John Wood, Group CEO of Harland & Wolff, 12 Jan 2021

Another link:

https://mobile.reuters.com/video/watch/is-the-vr-office-a-post-pandemic-reality-idRCV0090Z1?edition-redirect=uk

That should have been "A few years ago" in my previous post

Stokey, I use Interactive Investor

A few ago, this was the assessment of one of the funds taking a position in Arena when the SP was around 40p:

"Arena Events Plc. Arena's offerings include specialist temporary physical structures, seating, ice rinks, furniture and interiors, mostly for sporting, cultural and corporate events of a Tier 1 nature. The company focuses on creating long-term, multi-year contracts with clients (for example it has had a relationship with Wimbledon for 50 years and the Ryder Cup for 20 years) and therefore large proportion, recurring revenues are attractive. Operating in a highly fragmented marketplace, with competition tending to be sector/region-specific, and Arena's strategy is one of consolidation, organically or via bolt-on acquisition, both geographically and by product. We believe this strategy to be a sensible one as the consequential breadth and depth of service it can offer, coupled with an experienced management team and strong heritage, should position them to grow ahead of the market, enhance margins and improve asset utilisation."

When covid is under control and events pick up, I can see no reason why services of Arena should not once again be in demand.

Same for me, allocation plus 6x my allocation now in my portfolio.

Same for me, allocation plus 6x my allocation now in my portfolio.

Good analyses Ian. I will go one step further and say there is potential for an excellent rather than decent rise, but only if you are prepared to hold for the the longer term. Personally I think worth buying if you are able to hold for at least the start of 2022. (I hold).