Member Info for Setanta1

Not really . Any news on AIM that goes to the wire is going to be bad news !
This latest RNS is bad, bad. Where is the funding that has been pledged to be available "in the next few months " coming from. We will not leave the EU for at least a year and all the failure to keep to promised deadlines has been put down to the election results !
Now we have a minor shipbuilding company whic won't even have IMProject work to fall back on.
We'll never ever see our money back here,we LTHS. Margaret 365, I don't know where you got the notion that LTHS won't sell . You're reading one who will. Quickly,Quickly Speak To Broker!! And finally . If those trumpeted contracts are so important why hasn't MR. Rascal told us the value of each one.

Not really . Any news on AIM that goes to the wire is going to be bad news !
This latest RNS is bad, bad. Where is the funding that has been pledged to be available "in the next few months " coming from. We will not leave the EU for at least a year and all the failure to keep to promised deadlines has been put down to the election results !
Now we have a minor shipbuilding company whic won't even have IMProject work to faal back on.
We'll never ever see our money back here,we LTHS. Margaret 365, I don't know where you got the notion that LTHS wont sell . You're reading one who will. Quickly,Quickly Speak To Broker!!

Tango, You'll have to explain to me what " the IM project is not costed into the SP " means.

And your reference to "the coming days" reference in the RNS is very important, Mr.T. As usual you've got the hoped for order of important events just about right.
Interesting paraphrase of the typical AIM investor and the "scalpers" dominance this year Longlad. I belong to the first type of investor you instance and I quite understand the high risk aspect of AIM. The only thing that causes me some disappointment is the frequently palpable dishonesty of some BOD's, some MM's, some brokers and some cabals of investors. The stocks where traders get fleeced often contain elements of some of the foregoing, and at least one element has been visible in INFA. Let's hope that is in the past!

Interesting posts this afternoon. A few long term holders stepping up to indicate their state of loss here.
Of course I agree with crl123 when he points out that the LTHS have paid the price of the II's potential profit. Through various BOD's the existing shareholders were never included in the placings. That is unless one includes the cynicism if the recent Primary Bid and OO. That foolish exercise raised £210K before expenses which, in effect, means it raised next to nothing.
I sympathize with Spanner and SI. Of course I hope I am wrong but I'd wager that neither of you will ever see your investment returned.
I thought spud's point about the Riverfort conversions was interesting but on reflection I don't think it has very much to do with the current malaise. One of the reasons for that is that private investors are becoming increasingly nervous at the complete absence of good news ,( or indeed any news ) in relation to the IM project. I repeat what I have said on previous occasions : No entity has a binding commitment to the IM Project and until that changes in terms of debt provision or equity provision nothing good will transpire here.My chagrin relates,( among other things), to the fact that at this time last year we were told that all that was just about sorted! A bit like the new Chairman who would be appointed within six months and who still hasn't appeared.Joke stuff!!
Tango1, I hope you're correct and tomorrow we're going to have a, (conclusively good news ),RNS. Hope springs eternal !

Mr T, and remember that the II,s were also given a prospectus before they bought in telling them what the case was for investing in H&W as well as in the FSRU project as well as in IM. So they know a great deal more than we do and they bought in from scratch a t a very low price, unlike the majority of PI's. They're perfectly entitled to do that,of course, but their privilege is also likely to affect the shorter term prospects of LTHS.

and I'm certainly pleased it wasn't the expected IM consultation document. And to the few who place their trust in Institutional investors I would just say that I'm interested in the poorly treated PI's here. Pi's on AIM don't generally hang about for years waiting for the weather to change. Try to remember that the majority of posters here are PI's. We need,and richly deserve ,some unequivocally good news.

Is that directly related to the consultation on the IM project. Certainly is not what I expected.
One other point. Even if the remaining milestones are met and announced it will be too late to beneficially affect the SP this side of 2020. My guess is that we should prepare for poor or indifferent news in relation to IM.

Si Derman,thanks for the Nex trades details. I really don't know why trades are shunted onto NEX. It certainly reduces their visibility and it is noticeable that the preponderance are buys. I've told my broker to stop doing it.

And "the other one" had a pretty good day today. Optimistic !? Go well.

What a brilliant post. I can retire from the commentary. You've just about said it all. First class!

Si Derman, thank you very much for that. JW's experience was obviously something related to his days at BAE Systems.Go well.

The two large trades of yesterday have had no important effect on the sp, and JW has twittered something blindingly obvious about the election results instead of giving us eagerly awaited news about INFA. And we're back to the cat and mouse game with Ewing JR. Ah!
Can any well informed poster please provide me with some details of the ship building company in Australia managed b JW. Thanks in anticipation.

with more posts than punts. Ref. the 20m trade, in the grand scale of things just now it doesn't matter whether it was a buy or a sell.
A super and almost all encompassing post from MrT.
I alsoliked Blair's take on matters,(leaving aside the m.cap challenge!),and I'm in agreement with him about a possible yo-o effect if there is a jump in the Sp,(I wish!). Long before the H&W matter we had the bad vibrations about the Marine Licence, the defenestration of the joint broker, and the stepping down of the chairman. None of these events were properly explained and they presaged apparent lack of confidence in the BOD. One final point,Dawski , you instance JW telling you that he coveted a FTSE 250 place with a £50m market cap. He doesn't need the FTSE 250 rating. As things stand he'll get the £50m market Cap if the Sp rises to 1.5p and even that ,( if it's ever achieved) will leave lots of lth's in a loss situation.
But back to the present. we really do need some good good news.

Scoredagainsteps, it's a salutation of respect and good wishes. May I send it to you too !

A brilliant post. You've just about said it all. Go very well !

droderick, your impression of the new investors is far more sanguine than mine. I feel they would be very happy to depart with 100% gain. But we shall see.
Our views reference H& W are radically different. Again we'll see.
In relation to the EU grant money : of course I don't want to see any kind of documentary evidence. Just a statement to indicate the status of an important finance stream which is now long overdue.
In relation to the shareholder approval of the H&W acquisition you are
,of course, quite correct. Approval of the fund raising was de facto approval of the course taken by the BOD. Thanks for your reply. Go well.

Tango and Mr.T, thanks for your,(as usual) well reasoned responses. My take is: market cap rockets our recent II's start offloading those 3.5B shares. Sp subsides! Hope you're both right and I'm wrong. 1p by month end. Brave call Mr.T ! Go well both.

I hold no brief for Ewing JR but I wouldn't try to dismiss everything he says out of hand. His posts frequently contain a good deal of common sense. In the latest batch he has questioned the longer term effect of the recent institutional investors on the longer term share price. Their buy in price was .3p and the confetti effect of their arrival almost guarantees that the SP is not about to rocket. Any one of the II's would be very happy with a 100% gain. Just imagine the strangling effect their exit at,say , .6p would have . Ewing JR doesn't seem to lack common sense!
My personal view at this point is that I would be quite happy to have £10-15k invested here but not the many multiples of that I hold. I rarely predict SP development but I will be pleasantly surprised if the INFA sp exceeds .8p in anything like the next six months. That would still leave the majority of long term holders in, or near, a loss situation.
Who were the other suitors for H&W ? Can anyone name a few? I view that situation as a considerable millstone. Expensive to maintain and difficult to render profitable.
We have heard very little about IM during the past month. I sincerely hope that that is about to change in a very positive way in the next couple of weeks. I can't understand why we cannot have been informed about the EU grant money even if it is not good news. Surely our BOD can ask the relevant body for an update and subsequently inform the shareholders!
One last point. I thought that the OO and Bid offers were a wheeze to to raise more money while the going was good with the last placing. It is obvious from the pitiful acceptance level that that was the case. If one deducts the considerable costs of the operation it should be evident that the net raise was very little.
I understand that the BOD of a company cannot always be held responsible for the SP but if they make unilateral decisions without the approval of shareholders then they bear a high responsibility. Thus overseeing a more than 50% SP fall needs to be questioned.

Thanks for your response and for the very well reasoned quality of your post. Go well.