Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
www.justgiving.com/crowdfunding/nogascaverns didn't get anywhere near their too low target of 15k. Not having met their target, they now have a small pot of gold and the organisers don't want to return the money raised. I hear that they will spend some of it on a private booze party before pocketing the rest. Unofficially, they are buying up cheap Russi vodka for the wake. I'm hoping for an invite.
Si, re-reading my previous post, I apologise if it sounds a little rude because it wasn't meant that way. I think that Stokey made a very good point and I quote "The UK Government’s decision to support the third runway was ruled unlawful on climate grounds by the Court of Appeal in early 2020, but that ruling was quashed by the Supreme Court in December 2020". If the same argument (re climate change) is made then the same thing is likely to happen in that it will be thrown out. A precedent has already been set.
Re Islandmagee, I see that https://www.justgiving.com/crowdfunding/nogascaverns has stuck at £10,342 for 11 days (with a distant target of £15k). I wonder what happens to the money that's been raised - who now gets it?
I posted (February Events) on 23rd Dec 2021 with a link of https://www.maritimeindustries.org/events/all-events/team-resolute-meet-buyer-events?occurrenceID=112. The point being that because it's been in the diary longer it makes it that much more positive.
Team Resolute / H&W get a mention at https://www.navyrecognition.com/index.php/naval-news/naval-news-archive/2021/december/11169-british-navy-plans-to-introduce-new-class-of-vessels-type-26-31-frigates-and-fleet-support-ship.html
Just in case it's not been noticed, there are a number of February 2022 events. See https://www.maritimeindustries.org/events/all-events/team-resolute-meet-buyer-events?occurrenceID=112
There are lots of contributors to the chat and I applaud and value the diligence and input of many. By way of qualification, I started a successful IT business, ran it for many years and have recently sold it. Regarding Harland & Wolff, some contributors knock and disparage the business for their own purposes. As I see it, those individuals might as well believe that the earth is flat, the moon landings were studio staged and that JohnF like Elvis isn't dead and that Roald Dahl's peach is real.
H&W have a great future and their rebirth is just beginning. The share price has dropped a lot and in the short term that's good because it presents everyone one with an unexpected incredible buying opportunity. Trading is very thin and today only some 21 trades were recorded according to LSE. At these levels it doesn't take much to shift the price. If I place a few trades I note that the share price shifts - if I sold all it would drop further like a stone and if I bought lots it would go sky high. Providing one doesn't need the money at very short notice, I'm not bothered by today's headline price. With the fundamentals in place, all it now takes to move faster is a little social PR and the share price will only move one way. That's beginning to happen. For example, have a look at the Walletinvestor.com prediction for H&W at https://walletinvestor.com/lse-stock-forecast/harl-stock-prediction. I don't think the earth is flat so why not! The point is that it's early days and that others are just now starting to notice.
I'm happy to wait but if you want to see the price move sooner then do your utmost to spread the word on any and all bulletin boards, newsletters, social media, your friends and everyone... All then benefit.
Do I think that JW is being paid too much? Yes it's somewhat high. However, I must applaud his team and him for all they've achieved. I raise my Xmas spirit glass to them and hope they have a really great Xmas, and the same to all the H&W employees. In my opinion, we should recognise their achievements and give them a very well deserved cheer.
A great Xmas to all.
I trust that JohnK has a Peachy Xmas.