Member Info for stokey12

Interesting twitter feed from the Times Defence Correspondent https://twitter.com/LOS_Fisher/status/1329340077298782209 like what she says about ships. Will know shortly.

Also it is worth noting in advance of the statement on the Integrated Review INFA is now trading at a 52 week high.

Quady - I have been reading your posts and I am wondering have you got the right company. It is just that fom what you have said INFA is in a different field to the one that you seem to be looking for.

Bubble2021 In relation to your 07.40post there is no reason why we ould not hear news at both.

At around 11.50 the Prime Minister will be making a statement on the Integrated Review. From newspaper reports £4bn a year will be spent on defence with some of it being spent on areas that TPG has specialist knowledge. If anyone wants to listen to the statement it will be on ParliamentLive.

Having had a look at the Commons Order Paper which tells you what is happening depending on how long the urgent question takes the formal announement will probably be about 12 noon.

Tango1 In relation to your 17.25 post if INFA lands some large contracts in the £100m+ range then a SP around thay would not be unreasonable.

I do not normally post tweets from the leader of the commons but this is an exception. Please see this tweet https://twitter.com/CommonsLeader/status/1329050667760152582 We might get a feel for any defence work that may be coming up.

Just seen this tweet from INFA https://twitter.com/InfraStrata_Plc/status/1329017092687925257

Occy In relation to your 08.55 post I think you will find that the jump in the share price isdue to the news about HMG's Ten Point Plan which includes about £500m for hydrogen.

Si_Derman thanks for your 08.36 post. Between these and the turbines planned under the ten point plan if INFA can get some of the fabrication work then it is likely to keep them busy for a while.

Augustus_ In relation to your 18.10 post from yesterday the 10 December date is the date by which all the defences have to be in. The date in January which I cannot remember but may be around 11 January is a scheduled hearing date. Between these dates the case might settle but if it does not the matter will go to trial.

HMG have actually managed to put out their ten point plan. Of note is the stress on electricity from off shore wind. To generate the amount of electricity from wind farms that is needed by the plan will require a lot of wind turbines. This raises the possibility that INFA can generate a lot of business fabricating parts for the turbines.

Had a listen of the podcast and my ears pricked up at about the 20 minute mark when JW mentioned an inquiry about 12 boats. Hopefully they can turn that inquiry into an order. The other ear prick was the discussion about the Navantia tie up food to note it is not an exclusive arrangement. But the more interesting thing was that I counted about ten projects that are being considered as part of the joint venture. All being well 2021 is looking like it might be a good year.

Just seen this have not has a listen yet https://twitter.com/Harland_Wolff1/status/1328708228977397761

Chrisatrdg Thanks for your 10.45 post reading some of the comments I note that one person asked if there was going to be a full bearing refit. JW confirmed it was a full refit. Do you know what a full refit means in this context?

Tango1 In relation to your 15.01 post if my reading of the bill is correct then I doubt that there will be any significant change so we may find a possible three and a half months delay on transactions caught by the legislation.

Tango1 In relation to your 10.49 post it is not so much a controlling in INFA that is the issue but in relation to FRSU and Islandmagee which are assets. As I understand it if an asset or an nterest in an asset is disposed then the notification requirements would be engaged. As an example if EDF was to indicate that they would be interested in buying a 25% stake in Islandmagee then the transaction would be caught because EDF is French.

I have seen this article https://www.lexology.com/library/detail.aspx?g=7b075530-1ce7-4210-9087-0f41979394eb&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2020-11-16&utm_term= From a quick read of the article but not the relevant statutory material it would seem that INFA would be caught by this.

Capdevila11 In relation to your 18.20 post my strong buy is not based on that tweet but on reading the last Annual Report and Accounts, the Interim Results, three Research Notes from Cenkos, noting the level of work going through H&W Belfast and the presentation this week. Taking all information into account I take the view which you are at liberty yo disagree with that this is a strong buy. I am of the view that the retained deficit will be cleared by the Interim Results due April 21 or at the latest by the end of the current year in July 21.