Member Info for Russelw65

Thank god for proper projections. I was in the dark. This is exciting stuff in my eyes.... it gives an idea on both cash and profits so people can take a view on the current valuation. What is not to like? Management being clear for once!!

Islandmagee is a pipedream until the judicial review is out the way (end of the year?). No buyer will take the risk and why should they.

I think management must focus on getting the yards utilised.

Why don't the Directors buy stock?

I have watched this presentation. The CEO clearly says "no imminent placing planned". He would not say this if a fundraise is coming as that would be disastrous for him!!!

His comments after are related to future funding..... i.e. never say never......which you would expect any CEO to say. No CEO is ever going to say "no placing ever" so of course they gonna caveat.

That is good news. Where was this said?

I have no cash to play with and the placing price would be carp.

I don't get the price. I can not help but think that someone with vested interests to not lose MoD is not behind this.

Why don't you ask the question at the upcoming investor evening?

This price does look weird.

£55m contract, but the market capitalisaton is worth £22m...?! Something fishy - the price is being pushed down.

https://www.thisismoney.co.uk/money/markets/article-11010737/Historic-Appledore-shipyard-wins-minesweeper-contract.html

Great article!!! Much better than the other awful piece.

Wow wow wow!

This contract is fantastic. For me this is all about offering another route for the MOD. This contract secures this and no doubt plenty of others from the MOD. Once you are in with the MOD, you are IN!

£55m contract versus £20m market cap. Ehhhhhhhhhhhhhhh.

Hello,
I invest a lot in alternative energy and have been tipped EQTEC. Where can I get some reseach on the company? thanks

Convb - I think you misunderstand the FT process and the reactors required. Read up on that first before throwing accusations around. My reading of the website is that the catalyst and reactors are proprietary - i.e. not every company in SAF is using the same kit, but very often the same process (FT).

Anyone?

Size of this contract?

https://www.theguardian.com/environment/2022/mar/13/tories-plan-big-expansion-of-wind-farms-to-protect-national-security

Does anyone know what the deal is worth to AFC?

Shocking that a turkish yard won this contract when there are places closer-by who can support the local Scottish economy. Dockers won't be happy.

Yes, an old pal who says that he's never been busier there on the dry docking. He has visibility of the work from when he's been told they need him on shift.

They are so 'Commercial' they give zero numbers.

Where are the specifics?

This thing just needs to be sold now. Lost credibility with the market and it is sub £10m market cap. Take it private or sell it.

I understand from a dry-docker in Belfast that they are busy through to September now. Fully booked almost. He's never been happier.