Member Info for Si_Derman

Yeah, any chance of a link BT. I looked last night when it was posted and found nothing on the Scilly Ferries site. Could see no obvious mention of anything on the Air and Sea links FB page either so gave up looking. Noticed this on the company site which read as if they have decided to pretty much given up on this season.

"Our first season schedule fits around existing operators and we look forward to working with both harbours to develop our schedule for Season 2 and beyond..."

It would seem they don't much of a choice, fitting around, without a boat. Of a size that would make it worthwhile at least. Although, people who did pre-book seem more than happy to be getting free helicopter rides. So that should stand them in good stead for customer satisfaction for future bookings. But at the expense of the company before they have taken any paying customers. It would seem they don't much of a choice, without a boat. Of a size that would make it worthwhile at least.

The whole endevour, has been a total waste of time and effort, imo. A distractionary sideshow for very little gain. The only saving grace, afaics, might be the freight side as that could be usefully employed in the main business between the yards. Certainly not, "On time and on schedule", as JW likes to say.

Anyway, rant over, enjoy the rest of the long w/e all. :)

Most of the chat regarding BP was in the Searose thread, Spud.

A crew travel management firm for most sectors it would seem. Could they be reaponsible for moving some of the workers on the recent vessels in dock. Though if so, they might have got more than one of the names right for the three ships.

"Moving a group of workers, large or small to and from a foreign shipyard for refit work involves an extremely high level of coordination with a competent travel management company. Global Marine Travel has decades of experience working with contracting firms to move teams of 10 to 500+ to refit yards across the globe including Malta, Cadiz, Singapore, Grand Bahamas, and Victoria B.C. We provide this service to any workers whether associated with a cruise line newbuild or refit, commercial vessels and luxury yachts."

https://www.flygmt.com/

Thanks Stokey.

Not sure about being THE goto on anything tbh, FT, but thanks for the vote of confindence. And yes, I think BP has made some good points in the past. I certainly don't agree with everything he has to say, or his delivery sometimes but will stick by the sentiment in the line that really made you chuckle, Marcosino. Odd that it came from you, hey? Someone I had a little poke not long ago. Newish account, not used until you turned up quite recently with some kind of Boomtree obsession. Almost as if he were an old adversary and you were taking up were you left off. I did say that I even thought that you might be a certain banned poster reincarneted. Maybe you are? Or even someone else using another account? Who knows? About as plausible and me being in some kind of clique intent on causing fear amongst pi's. If anything I tend to go out of way to try and bring honest information to the board. So if care to point to any of this misinformation I've been spreading I shall fact check it for you.

Haven't done any "sewing" in a while, tbh. Not since the tension went on the sewing machine. But "sowing", i've done quite a bit of late including various types of beans, curly kale, bedding plants.... greenhouse is chocka. ;)

Latest newsletter is out if anyone is interested. Looking good. Backfilling using the rock that they got from blasting out the route for the link road to where H&W's yard is situated at Arnish Point Industrial Estate. Seems the newsletters are a bit behind so imagine they must be almost done bar the snagging.

https://www.stornowayportauthority.com/latest/

I not going to get too into this but please don't just carry on in the same manner of repeating stuff. There are people better suited and actually thrive on it. But...

" I am pretty sure he posted in 2022 that he had sold at a loss as he had lost faith in the company. "

So your pretty sure, but did you ever go back and check that was what he actually posted? Or just took it on faith from someone who repeatedly posted that he did, and then others joined in, and are now you are just doing the same yourself? Isn't there something about if something is said often enough people start to believe it to be the truth?

Well, Bp's posts are still there, fwiw. This from September.... before FSS.

"BlairPeach Posted in: HARL Posts: 838 Price: 9.50 No Opinion

RE: Current SP5 Sep 2022 18:37

Nope, still holding. I have lost so much that, perversely, I want to follow this to its inevitable conclusion. A real lesson in greed, from which I am learning.

Tomorrow might be fun, if anyone has the cojones to ask the real questions (I can't be there)."

Hardly teary, X. Yes, I've been around long enough you would known that of course he was invested. Obviously it's been twisted by some to make out that he wasn't, or sold at a loss, or was shorting. Same old thing when someone is not always ultra bullish. And of course some people just lapped it up with ever going back and checking. TBH, I can't think of many people the post on here that have not, at some point or other, been targeted in a similar fashion. Including long standing respected posters, previous TR1 posters and many others. Yes, he might not have had many a good word to say about the Bod or the direction the company had taken, but after time served during all the dilution years think he earned the right to speak his mind. Would rather read some of his posts than some of the vile posts that have graced these boards. I don't have to always agree with someone to take on board their opinion. Will probably be lambasted for say such things , but will miss his take on things, tbh.

Maybe everyone else has gone away in May. Back on St Ledgers day?

🎵 Wake me up when September ends. 🎵

:)

It seems at times the pundits and jurno's of the financial markets are saying opposing things, at the same time. Almost as if they are either making it up, as they don't really know themselves, or just writing copy to justify their jobs. Can always write another opposing article tomorrow. And around and around it goes....

In another article on proactive...

" FTSE 100 is heading for another record this morning according to the financial spread betters after Apple helped steady Wall Street overnight."

Apple also authorised an additional US$110 billion for share buybacks. Some buy back.

https://uk.investing.com/news/stock-market-news/ftse-100-live-london-set-for-another-record-after-apple-reassures-3471729

Shell not happy either.

https://www.proactiveinvestors.co.uk/companies/news/1046712/ftse-100-could-suffer-8-drop-if-shell-ditches-uk-listing-1046712.html

Cenovus were recently seeking bids from interested companies to provide a suitable vessel in relation to the SeaRose FSPO for July. I assume this is for towing the vessel back to the White Rose oil field on completion of works in Belfast. It would also be required for other offshore field support, safety standby operations, field re-supply and other activities as specified by Cenovus. Potential hire term of approximately 30 - 45 days, with extension options and potential hire for ad-hoc cargo supply requirements. Even though a Canadian vessel was preferred I'm not sure the Puffin is going to be up for it, tbh, as it requires a greather than 180 t continuous bollard pull. So close, only 175 t's out. :)

It had come up from it's home port of Lowestoft at the time, LSE. It was then out of the water in the Penzance dry dock until recently. That's only yards from where it is currenty mooored. Seems to be the only vessel of CMS Offshore Ltd. I'm sure if it has been painted yellow some of the eagle eyed posters on the Scilly Air and Sea FB page might let you know quite soon. :)

Would have to go back and check all the RNS's at the time, tbh, X. For some reason, I've always had £12m stuck in my head. Also, sometimes things said in interviews were never repeated officially in RNS's. Or nowadays, in tweets.

At least £25m of the seemingly neverending £77m was to be spent on a panel building robot, according to JW on one of the intrerviews. That was way before all the construction work that is on-going both at Belfast and to a smaller degree at Appledore. When it was initally announced the £77m was touted as coming from "the consortium", of which I beleive they said, £12m was said to coming for H&W themselves and the bulk from Navantia. Wasn't it also to spread over a couple of years? Not sure if they will give a breakdown in the annual accounts as to the balance but it would be good to know the details, yes.

Thanks, Stokey. Nice a before and after picture of both cruise ships.

https://www.cruiseandferry.net/portals/0/images/VillaVieOdyssey2_web.jpg

If you look closer, off in the distance, just poking out from behind that middle crane, is also the SeaRose.

A full house. :)

I initially thought that what I was seeing was that following a full Ask SINT trade you would then see a much larger sell trade shortly after. Thought it may have been done to maximise the price acheived for the sell by showing a full Ask purchase first for a smaller amount. And vice versa in the other direction. But after many jargon filled hours looking through various sites and PDFs it seems more to do with pre-trade transparency obligations under MiFID II rules than anything sinister. An SI is an investment firm which executes client orders through its own account on a "frequent, systematic and substantial basis". Investment firms that are classified as an SI must adhere to certain pre- and post-trade transparency requirements.

The basic gist, or what I determined to be, was that they were akin to what normal pi's would do with dummy trades before doing and actual trade. But their dummy trades have to be shown and quite often you will see that they are at either extremes of the spread. IDK, but I'm not sure any of my findings would be any clearer than that or by doing a general search on the subject, tbh. Will have a look later at what I found when I'm back in the house. Although, tbh, maybe Lottie may be better suited to answer questions on the subject. More their field of expertise. :)

They are Systematic Internaliser (SI) trades, Nobby. Have tried to explain them on here in the past. They will show as SINT trades on official LSE trades pages. Will try and dig out the research I did on them later, if it helps. Something about broker trades to establish price ranges for larger trades for their clients. Not small pi trades, fwiw. And not "code" trades between mm's. lol

Jeeze. I'm sure that if some on here won the lottery, they would moan that they were being paid by cheque. ;)

Seemed like a good left field RNS to me, but hey ho.

Okay, it's not ever going to have the same impact that signing of the agreement with MSC and Cargill is going to have, but it's good to see they are actively broadening their reach into other sectors. Maybe branching out into cruise and ferry would be an obvious next step, imo. Being an Island nation we are not short of some major players operating in and around us on the ferry side who are actively looking to decarbonise and I've heard that MSC have a nice line in cruise ships. :)

https://www.cruiseandferry.net/articles/msc-cruises-marks-construction-milestones-for-two-world-class-cruise-ships

Not to overreach, but maybe also a look towards defence as they are certainly looking themselves at alternative energy types.

https://www.gov.uk/government/publications/defence-operational-energy-strategy/defence-operational-energy-strategy

Lots of scope, and adoption by a few will hopefully have a snowball effect with other potential users.

GLA. :)

That's more like it. 👍