Member Info for stokey12

If anybody subscribes to the telegraph can they post the rest of this article https://www.telegraph.co.uk/business/2020/10/23/supporting-royal-navy-battle-british-shipbuilding/

Just came across this nothing new in it https://www.pesmedia.com/fleet-solid-support-ships-contract-22102020/

I note that he is both a qualified engineer and a Solicitor. I suspect that he will take over the vacant Company Secretary spot in time. Looks like PHE are strengthening the baord in a key area in advance of international expansion.

yellowf1 In relation to your 18.24 post I think the question most people want the answer to is when are you going to keep your word and stop posting on this board? If you were a man of your word we would not have six desparate posts from you today trying to scare people into selling. For your information I still hold shares in six figures and have no intention of selling for sometime. I think you will find all the investors as opposed to the traders still have their shares.

yellowf1 for somebody who recently said they were not going to post on this board I have conted fie posts from you today. I could be forgiven to think that you have some ulterior motive in continuing to rubbish PHE with posts which have the veracity of a statement from a government minister. Are you expecting some good news soon?

Tango1 In relation to your 15.15 post you have to remember that the tender will be awarded to the bidder not to the scottish government so as I see it then question of independence is immaterial. Also if it can be proved that considerations of independence affected then decision on the tender that would leave the tener decision open to legal challenge on rationality grounds.

Tango1 In relation to your 14.21 post I am not sure how it would help the scottish government as they would only recieve the tax reciepts from the company assuming that it is a scottish based company. Also .as the scottish government is running a deficit as I understand it there is the question as to whether they would be able to afford to spend billions on defence

In relation to my 13.49 post th relevant RNS from May last year can be found here https://www.lse.co.uk/rns/PHE/developer-w2t-sign-power-agreement-0u24jcgwbvdu9b4.html

TheOldBee In relation to your 13.16 post as far as Enviroo is concerned if I recall correctly and perhaps Telephoneman or Piltick will confirm W2T had an agreement with ASD so that any unrecyclable plastic that ASD gets will be sold to W2T as feedstock for the DMG unit. Also the electricity from the DMG unit will power the ASD plant. If that is correct then Enviroo and Peel will have a symbiotic rather than competitive relationship. As I understand it this is thekind of relationship that Peel is trying to foster at the wider Protos development.

The full MOD statement on the FSS programme can be found here https://www.gov.uk/government/news/uk-shipbuilding-boosted-by-warship-procurement. I note what is said about burden sharing in relation to the US and NATO.

ThisTimeNextYeer In relation to your 12.30 post in my view which has a high probability of being wrong the answers to your post are

1 Depending on the terms of the offer any contractor could bid. They may need to find a british shipyard to bid with them.

2. It is possible to split the programme into two lots but then they would have tenders for each lot and you could end up with the same shipyard doing both lots.

3. That would mean that there would effectvely be only one bidder and HMG might decide not too award the contract

4. I do not see how if it is a competitive tender as that would defeat the object of the exercise.

5. I am not sure that would be legal as they would be in possession of information on the bid that is commercially sensitive and could affect the bid submitted

Is scheduled to leave dry dock at noon today. I am not sure who is replacing her.

That is the problem with voluntary redundacy schemes you end up with too many takers.

Si_Derman In relation to your 08.27 post Me and you invested in INFA for I suspect different reasons. I invested because of H&W nad I saw a route to profits there. While I believe that you invested because of Islandmagee. However if you listen to John Wood's interviews on youtube you will see that the acquisition of H&W is a means to reducing the costs of Islandmagee. H&W therefore facilitates the completion of Islandmagee.

surprised In relation to your 19.57 post of yesterday I currently still hold shares in TPG. My concern is that there is no clear route to profitability that I can see.

I have just seen this written answer it does not tell us anything new

Hydrogen: Technology
Ruth Edwards: [102194]
To ask the Secretary of State for Business, Energy and Industrial Strategy, when he plans to publish the Government's strategy on hydrogen technology.
Kwasi Kwarteng:
The Government is committed to the development of hydrogen as a strategic decarbonised energy carrier for the UK. Development of a hydrogen strategy is well under way and we have committed to publishing a UK hydrogen strategy in early 2021.

I have registered for the November Roadshow. I might also do the London show next year.

surprised in relation to your 18.30 in considering whether this investment is a hold thefact that the directors are not investing in the company is a factor. They have better information so if they are not investing the question would have to be asked why.

surprised In relation to your 18.17 post I have just checked the 2019 Annual Report and no current Director has purchased any shares since 2018. There is no RNS showing that there has been any dealings by a Director. That does not give the impression that the Directors have much confidence.

I note that I cannot find any dealing in shares including the exercise of options by any director going back at least two years. This would seem to imply a lack of confidence by the Directors in TPG's future.