Member Info for Tango1

They say never catch a falling knife! But by the law of averages, there should be some mega news soon. "I am the King of wishful Thinking" :-)

Lottie123, I would say there is more chance of Nobby31 recommending JW for an OBE, but it would change things if there were a buy back (but need money first).

Stokey12- No news they are aware of!! they have not got a crystal ball regarding all contracts.

Nobby31- "thick and fast" I would be happy with "slow but steady" not the feast and famine we have now.

Razor- We want to read contract RNS's not projections/Pipelines or expectations, we have had expectations for the last few years. Lockdown is virtually totally lifted and has been gradually for the last few months, so why is the big dry dock always empty? when competitors are full..

RazorShultz, I have no issue what as been done to date (other than the bonuses when the company desperately needed cash), What I am saying is he has reached his usefulness which is not uncommon, 1 CEO takes it through project phase then another revenue orientated CEO takes over, very rarely is there a CEO from start to finish. I take it you are happy with the Chairman's leadership?

Si- I agree with you mostly, JW has done a good job up to Appledore then I think he got a bit delusional (maybe watched field of dreams too many times) Given H&W's brilliant branding they are still a risk due to proven current capability, I believe looking for 25% return is way too high in the current climate and they should be looking at 15% until they are well and truly imbedded in the sector as a major player. then they will be a company of choice not only available. AIMHO

For me, I think we have a good foundation to build from, But so far JW has only demonstrated he can project Manage and Raise/spend money, I have yet to see him actually make money, If I raised £27m it would be expected to return £270M.
At the start of JW's appointment there were lots of positivity reported regularly along with a gated project plan that was achieved on time and on budget. Now we seem to get thrown a fish just before a placing, I believe he is now out of his depth and a time served shipbuilding CEO is required that focuses solely on EBITDA. AIMHO

Nobby31, the problem is JW wants all the control so he obviously appointed a Chairman he could manipulate, and will probably do it again given the chance. Be surprised if Killick don't start ruffling some feathers though.
For me JW needs to go!

wobblywilbur, Is it not the Chairman's sole roll to oversee the running of the company to ensure everything is done correctly? as stipulated before he is as much use as a chocolate Fireguard.

I think JW and Aruns tactic's (I would put the Chairman in as well but he is invisible) is to wait till all the docks are full around Europe and then charge the earth for Docking, Regarding the lack of info they are probably digging that pipeline they were talking about for the last 18 months and £27mill raised. One thing for sure; if they are stiffing the ii's we will all get stiffed.
Come on JW prove the naysayer's wrong, after the next glass of chateauneuf du pape.

Do we have a firm date when this is? I understand it is this month.

There seems to be a problem with the pipeline!

Maybe we should start advertising for a new sales team, although the ones we have were said to be ELITE (seems more like eloped). :-)

Nobby31- Closed Period! well they are certainly bleeding us dry.

It Baffles me that given the positivity of the BOD, NONE of them have increased their holdings.

Well JW aligned the business to the government proposals so what can you expect!

Maybe JW's baggage is holding us back?

Well we have not seen these lows for over a year and according to the BOD we are doing well, and the2nd Half is going to be good, unfortunately the market are not seeing it! well I suppose there will be changes at the top shortly.

I would say it more likely there is something sensitive it the video they did not want to share....