RE: Over promise, under deliver........5 Jan 2023 09:33
Hello Chrisatrdg, Interesting points you make in your 0843 post. I am no way an accountant but like most investors should know the basics. negative equity sounds bad, but when putting the slide rule over various company accounts, I have seen this on numerous occasions mainly due to debt and especially with young/new growth companies such as HARL, also I assume that the MOD carried out extreme due diligence to ensure that HARL survives the contract period, maybe hence the £77M inward investment in two of the yards. Would you agree with my thoughts on this ?, thanks, Roly.
Good to see the schools went back today !!!.