Https://twitter.com/HarlandWolffplc/status/1679135929921929218?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
We have formally joined Cruise Britain!
This will enable us to connect and grow a world-class Centre of Excellence for Cruise in Belfast.
The SP was almost identical to that of today.
Within 2 days it was 150% higher on news of the infamous FSS contract news.
JW and the team he is building is doing a fantastic job.
This company is on the cusp of great things. The potential revenue is significant and the profits will come. I will judge on the actual forecasts he made.
Rev at end of 2023 of approximately 120 million, 2024 higher with break even and then profit generating.
All I hear is a lot of FUD by the usual suspects 🤔
Think we will know a lot more in coming months. Rome was not built in a day. I am confident of great returns in the years to come.
Have a lovely summer 👍😊😎🛳️⛴️🚢
Agree TP :
Stratified medicine is being used to
target drugs at patients most likely to
benefit most from treatments and to
inform the design of clinical trials to
increase the likelihood of a
successful outcome
• Activity to enhance patient selection,
trial design, trial delivery and chance
of success is underway and will
continue through the summer and
autumn this year
• Preparing to commence trials with
SNG001 this coming winter
This is frustrating to say the least !!!!!!!! Emphasis on 'preparing' :-(
Bodes well for IM JR,
https://www.bbc.co.uk/news/science-environment-66032607
Minister of State for Energy Security - Responding to criticism for continued support for oil and gas projects, he stressed that despite an unprecedented role for renewables, the UK would remain dependent on these sources for power generation for the foreseeable future.
"There is no button I can press tomorrow, and as we will be dependent on oil and gas for decades to come, even as we move to net zero, it makes sense that we should produce it here," he told journalists.
Agree totally Chrisatrdg : Lots of thigs will materialise news wise over coming weeks, with also some very good news regarding carry over monies that were delayed last year and will be part of 2023 income stream.
This share is not really for short term traders, investors will flood in when the time is right.
John Wood, Group Chief Executive Officer, Harland & Wolff said:
“As part of our ongoing commitment to fully embrace the UK National Shipbuilding Office’s aims and in our drive to Net Zero, we are pleased to have put together this consortium.
“These will be the first vessels of this type to be designed and constructed in the UK and will go on to provide firm foundations for the build of various vessels requiring this type of technology in the future. We are delighted by the initial feedback that we have received from potential clients and look forward to seeing these vessels come to life in our shipyards.”
Rear Admiral Rex Cox, CEO of the National Shipbuilding Office said:
“Innovations such as this are crucial to us realising our decarbonisation ambitions for shipbuilding. This is an exciting project closely aligned to the vision for UK shipbuilding we set out in the National Shipbuilding Strategy Refresh. Bringing together companies from across the shipbuilding enterprise, this consortium is demonstrating how collaboration can harness its competitive edge in the growing low emissions market.”
Https://twitter.com/HarlandWolffplc/status/1668977443149864962
We are delighted to announce that during the first morning of Seawork 2023 Nusrat Ghani, Minister of state for business and trade unveiled the creation of a UK consortium to develop and build a zero emissions harbour and coastal tug.
The team consisting of Harland & Wolff as project lead and builders, Macduff Ship Design as designers, Kongsberg as propulsion and vessel control systems and Echandia as battery and electrical control systems.
The vessel is to be fully developed and built within the UK utilising UK expertise and supply chain throughout the project, facilitated by technology transfer into the UK. The design will utilise innovative design combined with proven battery and propulsion technologies with the aim to deliver a zero emissions vessel utilising electric propulsion from stored battery power for day to day operation, backed up by generators driven by HVO for exceptional operations or when shore charging is unavailable.
The first two vessels for operation by Harland & Wolff themselves will assist with in harbour movements at Belfast and coastal towage between sites including transport of units for the Fleet Solid Support Programme, and will assist with the companies drive to reduce CO2 emissions.
I canoot say this better than our very own Stokey :
'Note it is only the Ministers decision to grant the license that is being challenged the underlying application would still survive. The effect of this is even if the JR was to succeed, with one exception, all the Minister needs to do is retake the decision inline with the Court's judgement.
As to the significance of the case if DAERA was to successfully defend the JR then IslandMagee Energy would have a, by my calculation, 40 year guaranteed source of income. In addition depending on what the final financing decision is it could affect the value of HARL. I say this because let us say that HARL exchanges 40% of the equity in IslandMagee Energy for the funding of the project that would give you a figure for the value of IslandMagee Energy. This is because if 40% of IslandMagee Energy is worth X then 100% is worth Y. It follows that HARL must be worth more than Y.
So in short the JR is significant as it would a) give a rough estimate of the value of HARL and b) provide a 40 year income stream.'
IM is not going away :-)
But my investment is due to the ship/fabrication works at various sites. I believe this is a super long term investment.
Mary: I'm waiting for the outcome of JR and then will add more if outcome not in H&W's favour. Think it will be OK, but the real value in SP is the good description given earlier today by The East.
JW knows the business and has laid down fantastic foundations. In the end, the SP will be multiples of current price, which you already appreciate :-)