Member Info for stokey12

Pokerchips In relation to your 11.29 post while the statement says a few months I note that the Belfast Website gives the dates as from 2 July 2021 to 8 October which comes out as around three months. I am therefore surprised that the statement said minor repairs. This is even more surprising as apparently while tied up essential maintenance was being done. There would be a reputational risk if they added on more work than needed. This would also affect the ability to get repeat work so I do not think the scope of work would increase beyond what is agreed.

Si_Derman In relation to your 10.06 post I must disagree with you. There was confirmation of the arrival of the Azura which has been known about since Friday. I think they may be slightly economical with the truth as I do not see how minor repairs can take three months. Also while I will be keeping an eye out to confirm but possible further cruise work is not unreasonable.

I would also comment that the financial figures given in the statement are encouraging when you add in the anticipated earnings from the Saipem contract.

I am starting to wonder what needs to be done to move the share price up. With booked revenues of £9m the revenues for the 17 month period are on course to be 5x the previous period yet the share price goes down.

Jabido In relation to your 08.06 post I saw the reference but did not know what it was. Having just checked on Bidstats I note that the original contract notice was from July last year so I would expect a decision on it is imminent.

I note that Mark Berry is leaving the Board after less than a year. I am not sure how that is going to go down as that means the Board is weak in two areas. While the CTO will attend the Board he is not a full Board member so I am not sure if he would be attending the Board committees. There is therefore a weakness in that there are no full Board members with the technical knowledge of the Company's business. There is also a weakness in the legal area which was Mark Berry's area of expertise.

A very impressive trading statement I note that £9m in revenues has been booked so far. The Saipem contract will provide about another £10m. Encouraging news with regards to the possibility of further cruise work. On the whole my view is that it is a encouraging statement and look forward to the September Trading Statement.

According to Vesselfinder the Stena Europe is now en route to Fishguard having left Belfast earlier this evening.

Chrisatrdg In relation to your 09.39 post thanks for the reminder I have this in my diary to watch. Sir John Parker may be interesting as he wrote the report that led to the last National Shipbuilding Strategy.

Posted on LinkedIn https://www.linkedin.com/posts/harlandwolff_our-methil-site-is-all-prepped-for-the-wind-activity-6815309106321195008-nneB All in place at Methil for Saipem contract with two days to spare.

ban4118 In relation to your 15.33 this was discussed on the board on Friday. Hopefully it will be discussed in the upcoming update. The absence of an RNS has been noted.

Bubble2021 In relation to your 13.27 post the next quarterly update is due by Wednesday so perhaps people are buying in anticipation of what will be in the update.

On the 1 July work is due to start on the first Saipem contract then on Friday the Azura is due into Belfast fora 3 - 4 months stay. So it looks like a good start to July but we need a sustained level of work. Also news on the Triumph Subsea Contract is due. A few more cruise ship visits would be nice.

oldtramp In relation to your 13.29 post some of the quotes from JW sound like things he has said before. If the export credit facility has been resolved then I would look to see more cruise ships coming into dock over the next few months. The Belfast Harbour website gives about 7 days warning of new dockings.

Chrisatrdg In relation to your 20.31 post I note from a notation on the Belfast Harbour website that the Azura will be travelling with passengers to Belfast. On the RNS point I presume that we will see one as this represents a breakthrough into the cruise market but I would have expected one earlier. Need to check the RNS to see what it said about the £1.6m contract as I do not think this was that contract.

Another of note the 2020 refit was due to have been in Spain so it looks like INFA actually took work from another yard.

Just seen this https://www.linkedin.com/posts/harlandwolff_we-are-proud-to-work-with-bmt-to-offer-an-activity-6814212918108913664--Gf5 Looks like collaboration with BMT is still ongoing.

oldtramp In relation to your 15.16 post I note from that link that the 2020 refit was only for 12 days and not the 4 months for this one. I am not sure if that refit went ahead. I note that it was costed at £20m. If more extensive work is being done hence the longer dry dock stay we can look at the £20m as the floor. This begs the question where is the RNS?

oldtramp In relation to your 14.57 post yes

Just seen this https://www.bbc.co.uk/news/uk-politics-57602385?ns_mchannel=social&ns_source=twitter&ns_campaign=bbc_live&ns_linkname=57602385%26Tory%20defence%20chairman%20says%20UK%20needs%20bigger%20navy%262021-06-24T15%3A18%3A24.913Z&ns_fee=0&pinned_post_locator=urn:bbc:cps:curie:asset:7de8ccff-0d18-49ab-b9b1-f79aa8732db4&pinned_post_asset_id=57602385&pinned_post_type=share Looks like he is giving a hint as to what his select committee might recommend.

The AGM is next week does anyone have any idea how man people will be opposing the reappointment of the CEO. Without support from the II for his removal then he will be reappointed. So best case is for a significant number of shareholders to vote against hie reappointment as to give me a jolt.

Having checked the cruise ship tab on the Belfast Harbour website the estimated duration of the stay of the Azura is from the 2 July 2021 to the 8 October 2021.