Member Info for Scaffman

BC There are so many strange people out there. You just can't be careful enough.

Good to see a date set for IM and hope it doesn't be a let down to be honest.

I thought nothing of it when I was viewing the SeaRose last week but I now recollect a surly looking woman running down the street with what looked like a flame thrower on her hip?. Anyway she dropped her bracelet in her haste and I picked it up (bracelet was of little value by the way) and it was engraved "Connie".

Might there have been an arsonist on board? 🤔 Think I'll get onto the Telegraph over weekend.

Stokey its hardly that relevant to H+W any more than the tens of thousands of other UK companies t.b.h. I fit was something unique to the shipbuilding industry then yes. bear in mind that H+W are very much to the fore of local apprenticeships as well.

Thanks Btree You seem to have a big problem (as does heb)with a company having a charge over its assets in order to secure funding. perhaps you can suggest other means how they can grow the company to 200m+ rev without having a charge on any assets. I mean you're really on top of things.

lets face it a guy that at 1.30 in the morning can preempt a sell off of shares the next day and then within two minutes of 525600 shares being dumped is able to post immediately,followed by your tag team Con Heb also on the button straight away l.o.l. why not wait a couple more hours or till the evening? oh and btw shares this morning 9.20 eve 9.00 hardly a big deal to write about now was it?

p.s As to my mental health don't be fretting my friend,I'll have you know its A1 👍 I just have a silly sense of humour that's all. And yes i'm going for a rest now, goodnight... think I'll listen to a bit of Bowie - god rest his soul in heaven

Bubbles were you really expecting an answer? Don't think you would be getting a positive one anyway. The well thought out 12:31 post by FindingtheTa will be waiting a while for a proper response as well. Findingtheta only now seems to be drawing the same conclusion what many of us figured out a good while ago..

To keep posting in a heading Sells feeds into others Narrative, and I would encourage Holder's to refrain from this. Incidentally these sells haven been now been replaced by buys so what was the point of this-if we didn't know!

Btree re 20:42 I am not a psychoanalyst and sometimes can't work out stuff in my own head so I'm certainly not going to try and figure out whats going on in John Woods head. but I would concur with Harchris 20:26 comments, and also Xenor that has several times stated that the company does not just fold because it may not qualify for UKEF it just has a more difficult path that's all,but it continues. My fav. poem actually, Robert Frost, The road not taken.

The reporter has just got this wrong it would be 1500 for the entire company increasing to 2500

Https://www.itv.com/watch/news/building-for-the-future/30c1cs0

after the coronation street thing..

Https://twitter.com/UTVNews/status/1798385290488229919?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

LSE I knew I would be ! Si D only one that can go undercover. I suppose someone peeking through a wire fence is either taking photos or having a leak lol

Cant get that UTV article up yet but it was great.

Guys fantastic feature just now on H + W UTV Live !!

Good to see Methil getting a mention t.b.h.. To me it often seems to be a bit of a forgotten yard sometimes.

I was in Belfast Tuesday evening and nipped round to look at the Searose. When you see the complexity of this ship in dock it is so impressive in its complexity. If H+W can do this type of project, then they can literally do anything. Took photos but I don't seem able to download onto the board unfortunately. (unless someone can advise me how).

Its important when you look at other storage locations such as this Aldbrough one, that the volumetric size can be drawn in comparison to Islandmagee because that is one of the critical Factors along with Capex and everything else etc... that need to assessment - very roughly I have the Aldbrough Caverns at 207,500 m3 each x 9 No. Off = 1.87million m3 total.

For Islandmagee I have 804,350m3 and taking for just 2 No Off = 1.61million m3 total.

so 2 caverns at Islandmagee equates to 8 of the caverns at Aldbrough approx. Hope I got this right. lol

Importance of gas storage highlighted by how even a minor pipe fracture increases price so quickly.

https://www.theguardian.com/business/live/2024/jun/03/shein-prospectus-london-listing-manufacturing-factories-oil-opec-business-live?filterKeyEvents=false&page=with:block-665dae278f08346bc8f54fd4#block-665dae278f08346bc8f54fd4

Spot on SiD (and bt) I was rushing out this morning. I get the feeling that there are a lot more smaller investors in this than what may be thought. and now another 2m shares will be scattered across a multiple of smaller holders. I presume a TR1 holder has no more access to critical info than anyone else.

Kaeren called that right last week?🤔

Btree I honestly don't know why you always seem to have a problem with speculation on the board. its part and parcel of being in shares and knowing whether to sell, hold or buy more by hopefully being ahead of the pack. Also, there is nothing to say that H+W don't have a percentage on top of subcontractors work either as a MC. In fact I would expect them to.

no need to reply.

Kaeren short term i.e. 3 months I just don't know, and I don't think too many will put numbers down in writing the way SP has went this past 12 months t.b.h.

However,as you asked and getting little response I'll throw my tuppence worth out there. The Co has 1500 employees so a Rev of £220m is achievable for this headcount. To get to 400m Rev would need maybe another 1000 employees?. if they can get to 400m with a 200m debt so a ratio of 0.5 then this is very positive.(ignoring any IM value that could reduce this debt ) For me the proper SP figure will only truly be achieved if they are in a position to pay Dividends-no matter how small and only then will the market take proper notice and give a truer SP figure. I have no problem in saying that if Debt is at a ratio of 0.5 or under and a Rev of 350m+ is reached then the Co could have a potential SP min.of 173m+ depending on : - how Gov/MOD see them in their future plans as a prime contractor and also contracts/forecasts for future growth. I don't see IM counting too much anymore t.b.h. and would prefer to just be pleasantly surprised if it does amount to something.

Now just going to put my tin hat on. l.o.l. ALL I.M.O.🤷‍♂️

Its cause you'se aren't drinking enough of it. ha ha

but its actually true, you need it flowing a plenty;in short pipe runs going from keg to tap

add in a decent barman and you're flying.

p.s. bubbles-temple bar is an area not just solely one pub.