Member Info for Si_Derman

I'll releax when we get a contract. lol
Just had a 108,038 @ 1.85 followed by 2k,25k,and 50k @ 17.95.
Bid and offer have moved up, with outling buys paying over the offer price. Ordinarily this kind of move would included at least some sells. Odd! Unless, as Lottie says, they are working a large sell in the background.
https://invst.ly/xrxhv

Just popped up to 17.85p. Always makes me nervous that something is about to happen on days like this.
Old habits?

If they did post the annual report this week then they would be breaking with their normal track record of stringing them out for as long as possible. In the past the final results for a year ending 31st of July was always posted in January, the following year. 6 months later. But they have changed the accounting period, so... ???
But so far we have had.
19-Apr-21 interim results for the six-month period ended 31 January 2021.
01-Nov-21 Interim results for the twelve months ended 31 July 2021
"The Company's next audited financial results will be for the 17-month period ending 31 December 2021."

So personally, I wasn't expecting the full accounts until at least the end of June.
Whether we get an additional set of interims or a trading update is anyones guess. Guess that depends on what they trying to convince us of if they do, or if they are just hanging out for a contract to hide them behind.

H&W's next expo?
https://exhibitionnews.uk/irelands-first-water-sports-expo-announced/

Until H&W actually get a defence contract can they even be included in the sector?
For comparison, since the start of the year. https://invst.ly/xrg7a
And from 2 days before the invasion. https://invst.ly/xrg9c

With most European countries stating that they are going to increase their defense budget spending, a lot of their yards will maybe full of their own builds. Leaving more chance of securing something.
And not just shipbuilding, but renewables as well.
Wishful thinking? :)

Be good to get it, then keep them waiting for absolutely ages to finish it. lol

Could be wrong, but this close to the cut off, I would imagine that some of these matching trades are bed and ISA's.
As per Lotties 20-50 ma. Last time was around the 13th of October when the ML news was RNS'ed.
https://invst.ly/xrchs

I'm at the stage that I'm fed up of waiting for transformative news, TBH. History as shown that when news does come, it is usually a precursor to a raise of some description. And in at least one instance was tantamount to lying. And yet it still remains on their website as fact. All the anticipation about the shipbuild refresh as come and gone, IM in limbo land, all the PR about job fairs and ramping up this and that is getting tired. Latest being fishing boats. It's just endless.
Killick and Kavé Sigaroudinia increasing their holdings is one positive as one would hope they may have a better grasp of thw state of play. But maybe not.
Release the accounts, transform something from this huge pipeline into a contract to build something and stop relying on shareholders to keep the company going. And actually create the much touted shareholder value.
Lunch over, rant over and back to work in the sunshine. :)

Yeah, just watched old Joe speaking about imports and investment in storage infrastructure following on then the hydrogen. The appetite is there for IM and in the present climate a descision of SNIP reversal would look like a prudent thing to do.
Saying that, getting bored of this now and watching missed oppertunities elsewhere is anoying. Hey ho!

Just an initial target, imo

Sounds ideal. Picked a good week for it. Haven't had my tackle out for quite some time. :)
Tight lines.

Evening, OT. Ah, yes. I thought there had been something, forgot that one.
Though, this news was not direct from the yard but someone local so as usual this board is better informed.
Speaking of dredgers, and the reason this came up, the last time I was down there I saw an odd looking vessle moored up next to the I.Entsha. Was told it was a dredger to work around the quays. Big build up of silty mud that needs shifting.
There was also something about enviromental/ecological compliances that the company was putting in place as this work was being done. Must learn to take shorthand. lol

And, another vessle in the dry dock at Appledore. This time quite a large dredger. Needs a fair bit of work, from the bottom up, apparently. First time the dry dock has been used since H&W took over and since LÉ George Bernard Shaw was floated out. Soz, forgotten the name of the new arrival.

He's a happy chappy. Want a contract, "Just pick up the phone!", easy as...
Seems excited for more news to come but note he has statrted to use Frielisms. :)
And, TBH, I think we have done more "space watching" than the bloody Hubble. lol

Yeah, Mafuta, I get all that. Doesn't mean it doesn't go on though, hey. :)

Great news but not sure on the timing. If first results aren't expected until H1 2023 why not wait until after the lock-in and then hit us with news of contracts. Not a moan, just an observation. lol :)

I hope it's not because no one will actually give them a big ship build contract, so they have to go after the smaller fishing boats instead.
Wonder if BMT were involved with the design aspect?

Chris, as frustrating as it is, hiring a sniper is not the answer. ;)

From Wally's notes. (thanks yet again, Wally)
"- PrepBio - deal had been done, SPAC now down 95% as it has no cash - the plan was to handover shares in a Nasdaq listed company as dividend in specie on 10th January but it fell through. ‘We will get another deal - give us a little more time’ - the ‘beauty of the deal’ is that we can hand the shares straight over when we have them"

So, I was wondering, as all this was going on in the background, without being signposted. Other than the usual, " bare with us". Would that have meant that there would have been an unexpected RNS essentially saying, " here you go, deal done, and here are your new Nasdaq shares". Giving no time for those waiting for something to be announced, like POLB was, and be in just for the in specie shares. Or would they still have telegraphed it before it was finalised.

FWIW, I've inreased by a further third this morning, in anticipation. :)

Whirlygigs aside. I'm all for "increasing the energy efficiency of buildings" but is this a case of another rehash of previous attempts or third time lucky. Previously there was the Green Deal, then The Green Homes Grant.
Both resulted in lots of insulation scams targeting the vunerable.