Member Info for stokey12

LSE03 ref 08.50 post I found the full document interesting. I see that BOT and Crown Dependencies are going to be allowed to bid for this work. I find this interesting when it comes to maintenance where will this be done if the contract goes to a BOT or Crown Dependency.

Brinoble ref 21.09 post an appeal from the Northern Ireland Court of Appeal is not of right. Anyone wishing to appeal a Court of Appeal would need to petition the UK Supreme Court for leave to appeal. To obtain leave they would need to prove that there is a question of law of general public importance that needs to be considered at this time. Around 90% of petitions for leave to appeal are unsuccessful.

MaryBri90 ref 06.34 post thanks for the link hope the author is right.

Just seen this article on LinkedIn the author seems to be saying what Lottie123 has been saying on this board for a while. https://www.linkedin.com/news/story/tide-turning-for-cheap-euro-stocks-5978724/ the text of the article for those not on LinkedIn says

Are European stocks undervalued? Karen Ward, chief market strategist EMEA at JP Morgan Asset Management, writing for the Financial Times, believes they might be. Despite recent challenges, including the energy crisis following Russia's invasion of Ukraine and a reliance on short-term bank financing, Ward argues that Europe's economy may be poised for a rebound. Falling energy prices, a robust job market and the potential for increased consumer spending are contributing to economic data that is starting to surprise on the upside. She suggests that investors should consider taking advantage of current valuations before the European recovery gathers steam.

Stocks in Europe rose to a new record high on Tuesday as investors returned to markets following an extended weekend.

The rest of the article is behind a paywall.

Twib ref 15.31 post I am not sure that it is a question of selling IM. I suspect the issue might be that the value depends on the Marine License so that if the appeal is dismissed the value of IM as a project would increase. So it is a case of valuing a security. I have never subscribed to the theory that IM is going to be sold as part of the debt package.

LSE03 ref 11.14 post this looks like a case of good timing. The SOWEC announcement today see my 09.22 post Methil is showing as an investment opportunity and Arnish as a hub. So HARL does have opportunities. With SOWEC Scotland as a whole has a number of opportunities

LSE03 ref 10.47 post an interesting story. I would like to see how it plays out in relation to the regulatory issues. It would seem that the offer may be for the whole group. I wonder if the US may want Austal US to be spun out before giving approval.

Daniel Fearnley posted this on LinkedIn this morning

Daniel Fearnley (He/Him) Director of Energy

32m •

Fantastic to have two of the Harland & Wolff projects being pushed forward into the next stage. Both facilities are strategically positioned to support the offshore wind industry and the progression of these projects is a great recognition of that focus. We look forward to collaborating with the SIM working group to drive these forward. SOWEC. Both of HARL's Scottish sites are in the progress group. The progress group is described as 'There are 19 projects with good or medium interest and relevance to developers. The SIM will support these projects to self-facilitate collaborative engagement with developers, and also bring them together at a marketplace style event later in 2024. These projects are being chosen to progress because of high relevance to supporting offshore wind deployment and good potential for collaboration. '

The full list can be found here https://www.offshorewindscotland.org.uk/news/2024/april/02/full-sim-stage-2-list-published

The entry for Methil states Fabrication Facility Extension & Upgrade (Harland & Wolff (Methil) Ltd

The entry for Arnish states Stornoway Offshore Wind Hub (Harland & Wolff (Arnish) Ltd)

Bubble2021 ref 12.09 post any bid for either Austal or in my opinion HARL is likely to be bogged down in regulatory approvals and may not be approved. I think that the level of government intervention would depend on who is in charge at the time.

LSE03 ref 09.54 post I did a google search and can only see his reported in the Australian. Unfortnately it is behind a paywall so I am unable to read the story.

I just saw this unusually this visit has not as far as I am aware featured in a post by HARL https://www.putneysw15.com/default.asp?section=info&page=confleuranderson101.htm . Another feature is that this delegation does not appear to be from a select committee. I am therefore not sure of the purpose of the visit beyond seeing what hings are like in Northern Ireland.

Ref my 15.36 post I have just noticed that the full post was not copied the full post is

'Fantastic colour, looking forward to see the extensive branding on her bow. Hive of activity in Belfast this weekend over both dry docks.'

The link is https://www.linkedin.com/feed/update/urn:li:activity:7179492152094138371/

Just seen this on LinkedIn posed by JW. Looks like that people will be working over the Easter Bank Holiday weekend at Belfast.

ForrestGump ref 10.04 regardless of which measure of inflation you are using not exactly as it is used in a production of most of the items that are used in the calculation of inflation it has some influence. I am not sure that it would be right to say that it dictates the price of inflation. Increases in the raw materials that make up the prodcuts are likely to have more of an influence.

Lottie123 ref 08.39 post yestrday I beieve it was I posted an artcle from CityAM which reported one of the hawks on the MPC downplaying the chance of early or deep interest rate cuts.

Twib ref 16.31 post your interpretation seems to me improbable. If the finance deal has been concluded then they would not need to be circumspect about it they would just come out and say it. I interpreted the reference the use of the term recapitalisation works as meaning works to capital assets to increse their value.

Did you not say there would be an RNS at 2.30?

Just fiinished resding this from CityAM. Looks like there might be a delay in cuts in the interest rates. https://www.cityam.com/bank-of-england-rate-setter-haskel-interest-rate-cuts-are-still-a-long-way-off/?utm_source=CityAM&utm_campaign=89c4c2b73a-EMAIL_CAMPAIGN_2024_03_28_10_36&utm_medium=email&utm_term=0_-89c4c2b73a-%5BLIST_EMAIL_ID%5D

Tomorrow is the end of quarter 1. In the quarter there have only been three RNSs. Of those one was a change of nominated adviser RNS. The second was the preferred bidder status RNS in relation to the Falkland Islands contract and the third was the Arnish contract. While I understand JW's view about releasing information I think and I believe I may have said this before the lack of any official information may be giving the impression that HARL will not meet the revenue forecast.

Hopefully we will get more contract RNSs in quarter 2.

Bubble2021 ref 16.33 post I am not aware of any new proposed legislation coming from the government specifically about ferries. That said during the Westminter Hall debate Bon Seeley said that he was drafting a bill to bring in a regulator for ferries. However, it is very hard for a Private Members Bill to get through without explicit or implicit government support.

Bubble2021 ref 14.43 post I read the Hansard report of the Westminster Hall debate yesterday on the cross Solent Ferry and judging from the Minister's reposnse HMG will be veryn hands off.