Member Info for stokey12

Nobby31 ref 16,20 post I would query that as the only warrant holder that has millions of warrants is RCP and in that case they would have to be forward selling as they have not as far as I am aware exercised any further options. Also surely if they were to exercise a large bulk that would collapse the share price. Would it not make more sense unless they need the money to hold until after the FSS Contract is signed. If I recall the curren load of shares they are holding have a strike price around 14 or 15p. If they crash the share price the profit on the second batch would be a lot lower.

Chriatrdg ref 15.40 post see my Mon 10:08 post. Seems that being picked by both has not helped the SP.

TeleTim65 ref 13.14 With all due respect as roly12 says in his 13.22 post the only time a person needs to prove they are a shareholding is when attending a shareholder only event. Nobody on this board is obliged to prove/show anything.

TeleTim65 ref 12.56 post I have never seen the need to say the size of a person's holding in shares. Whether a person wants to share the details is for them. They are certainly not obliged to give broker's details. You are bordering on bullying. For my part I am not prepared to go any further than i have about the size of my holding so do not bother asking. I am starting to suspect that you are a former poster called FormerFD who was I suspect banned dollowing complaints.

Pokerchips ref 19.50 post having checked the RNS on the Proposed Debt Facility was on the 19 November and at the time it was stated. 'Financial close is expected within four to six weeks. The Company will make further announcements at financial close.' That would mean if have got my maths right that we should hear about the debt facility by the end of next weel

mcadder ref 10.35 post I agree with you but as some people on here are very concerned about it I thought some people would want to know.

Sp28 ref 10.30 post in my case it probably means I have filtered them so did not see the comment.

On the basis that any announcement on the signing of the contract will be announced in Parlaiment first to have an announcement this side ofthe new year it willhave to be made before next Tuesday and will not be on Friday.

Avyererdowt ref 07.17 post Thanks for this it reminded me that I forgot to state that it was a direct lift from Hansard, The reason I did not use the Rt. Hon. before the names is because it was a direct lift from Hansard and Hansard does use the Rt Hon. Also not all of them are Rt. Hon. some of them are just Hon. When you check what the words Rt Hon means in this context you would question whether some of the Rt Hons are in fact that.

And the end of the exchange

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I ask the Government and the increasingly ridiculously titled shipbuilding tsar: contrary to his own claims, when the bulk of this work is delivered in Spain, will this Secretary of State and his ministerial team resign?
Alex Chalk

It is very important that the House is not misled in any way. It is not the case that the bulk will be built in Spain. Quite the opposite: the majority will be built in the United Kingdom. All the assembly and all the integration will happen here in the United Kingdom. I hope the hon. Gentleman will celebrate the fact that the Type 26, built in Scotland, secures 1,700 jobs and includes the potential for exports. Govan, Rosyth, Scotstoun—all those yards are being nurtured and supported by the power and might of the UK Union. That means that Scotland’s place is better in the Union, and the British Union is advantaged as well.

There was another questions about support for Defence Companies but I do not want to bore abyone too much.

The rest of the exchange

Alex Chalk

What I genuinely do not understand is why the Opposition are not welcoming a deal that is bringing more than £70 million into Belfast, securing jobs in the shipbuilding industry in this country and ensuring, by the way, that the base of industrial support goes beyond the traditional Scottish yards to include yards in Belfast and, indeed, in Appledore. That is good news. As for the right hon. Gentleman’s point about other countries playing a role, let us not forget that one of the great successful procurements is the F-35. That is an American plane—of course it is—but who produces 15% of the components? The United Kingdom does. That is exactly what happens in these sorts of contracts, and it gets value for money for taxpayers.
Mr Speaker

I call the SNP spokesperson.
Dave Doogan
(Angus) (SNP)

All credit to Bab****—maybe the Minister will join me in congratulating it—for securing the Natural Environmental Research Council’s £45 million fleet renewal programme. Of course, Bab**** and BAE should be gearing up to do 100% of the fleet solid support ships in a distributed model across the UK, but they are not, because this Tory Government have awarded a £1.6 billion contract for three ships to Navantia in Spain. When Sir John Parker, in his national shipbuilding strategy—[Interruption]—maybe the Secretary of State could pipe down a second. When Sir John Parker stressed that the Ministry of Defence should embrace smart procurement, invest in yards and apprenticeships, and commission ships with an eye to export, did the Government realise that he was talking about yards in the UK, not in Spain?
Alex Chalk

I listened very carefully to that question but, with respect, we will not take lectures from an SNP Government who put a ship in the water in 2017—a ferry that has now failed to be developed. We are proud that we have got behind the Type 26, which is benefiting the Scottish economy, and indeed the British economy, with an additional 2,000 jobs as a result of the five vessels that we have continued to commission. This Government are investing in broad-based maritime capacity in this country, now and in the future, and developing our capability here in Britain.
Dave Doogan

We hear all the time about the strength of the Union for orders into Scottish yards, but Scotland, still stuck in this necrotic Union, loses out no matter what happens, when this Secretary of State awards work to Cádiz that should have gone to the UK—it’s heads, the UK wins; tails, Scotland loses. I wish Appledore in Devon and Harland and Wolff in Belfast all the best, but without the requisite workforce or skills, they are simply the Union flag gift-wrapping that this Defence Secretary has given to the Spanish shipbuilding industry.

Continued

I actually managed to forget that we had Defence Questions yesterday. During Defence Questions we had this exchange.

Mr Kevan Jones
(North Durham) (Lab)

The Defence Committee recently had before us representatives from Boeing, which has been awarded some £6 billion-worth of contracts in recent years. A representative confirmed that Boeing directly employs only 1,600 people in the UK. Does the Minister not agree that that is a pretty poor return on the investment and that it certainly would not be the case in the United States?
Alex Chalk

I met Boeing recently, and we are always keen to see investment in the UK. We are absolutely delighted that, because of the pipeline of investment that the Government have commissioned—from ships to cyber to space—we are investing in jobs and capability, and we are ensuring that we take expertise from wherever it is in the world, securing jobs in this country.
Mr Speaker

I call the shadow Secretary of State.
John Healey
(Wentworth and Dearne) (Lab)

We welcome the Government’s commitment to job creation; the problem is that they are creating jobs abroad, including in Spain. The Defence Secretary has just picked a Spanish firm to build the Royal Navy’s three new fleet support ships. At least 40% of that work will go abroad and the best that the Defence Secretary could tell the Scottish Affairs Committee the other day was that the contractor will

“fully assemble the final ship in a UK yard.”

As a result of the Defence Secretary’s decision, how many jobs will be created in Spain and not in the UK?
Alex Chalk

Respectfully, I completely reject the tenor of that question. We should be celebrating the fact that, as a result of the commitment that we are making to UK shipbuilding, there will be 2,000 jobs in the UK and there will be shipbuilding industries in Appledore and in Northern Ireland. That comes on top of the 1,700 jobs secured as a result of the Type 26, the 3,000 jobs as a result of cyber investment and further jobs in respect of the future combat air system. This Government are investing in defence, in shipbuilding, in land, in sea and in air. We will continue to do exactly that.
John Healey

Well, the Minister told me in answer to a parliamentary question that the

“number of jobs sustained in Spain…is a matter for the contractor”.

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We could have had 100% of the jobs in Britain. This is a dodgy decision, whichever way we view it. On 21 November, I received confirmation in a written answer that the prime contractor for this £1.6 billion contract will be a company that was registered only in May, with no trading history, with capital of just £10,000 and with two directors, both living in Spain. What guarantees can the Minister give the British taxpayer and the Royal Navy that this contract will not betray British jobs and UK industry?

Continued

Si_Derman ref 17.15 post it just means that you have to pay for the 2024 HARL Shareholders Christmas Party

With all the posts saying the SP will be this and other predictions of newsis it possiblefor people when posting predictions explain the basis for what they are saying. That way we can make a proper assessment on whether to accept what is being said.

Pokerchips ref 10.07 post where you thinking of this https://www.gov.uk/guidance/incentive-payments-for-hiring-a-new-apprentice when you said 'as well as having all those apprentices contributing to revenue instead of just cost !!'

Just saw this https://www.stockopedia.com/content/xmas-stock-picking-contest-for-2023-958650/. Hopefully HARL does not slip.

In my email inbox today I have two emails from Research Tree with research notes from two different brokers on the same company. Is there a reason why there are no research notes on HARL?

andymyck ref 16.31 post from the High Court the appeal would lie to the Northern Ireland Court of Appeal. Whoever loses in the Court of Appeal can Petition the Supreme Court for Leave to Appeal. There is no appeal from the Supreme Court. So there areonly two chances to appeal assuming the SupremeCourt grants leave.

Pokerchips ref 14.25 post In allthe casesyou mentioned they were before the legisaltion was in place so the government had to rely on competition grounds in the main to block deals.

Trendz ref 12.56 post an investment of that side would in all probability trigger a major political row as welll as a mandatory referral under the National Security and Investment Act 2021. The fact that Navantia is from a country that is a European Ally would not stop protests fromthe unions and opposition parties. They were not happy with collaboration.