Member Info for TheDogFarther

I understand perfectly what delusional means. So your telling me that you forgot about the FSS contract. Ok, you are right , that's not called delusion, that's called Alzheimer's.

"They don't need to build ships but have the capacity to do so if they were ever asked to do so."

Your post plainly stated that HARL have never been asked to build ships. That is as

plain as day. Anyone that doesn't understand that they have, through the FSS contract is clearly delusional.

Sorry, clearly should have been Delusion Drive. Reads better.

I am assuming that Alan shares an abode with Cruella on Delusion Lane, Crackpot County.

all three bow sections for this Programme will be fabricated in Appledore prior to being transported to Belfast. The three vessels will have all the blocks assembled, consolidated, fully integrated and commissioned before proceeding to sea trials from the Belfast facility, marking a return to shipbuilding in Belfast .

So material comes is , it can’t float or transport anything at this stage. HARL fashions the parts into a vessel that can float and transport goods. I think that’s the definition of a SHIP.

A company and graph which i believe acts like a fortune teller for HARL is IQE. I invested there a number of years ago around 20p. The SP eventually reached over 150p. I unfortunately had got out in the early 60s.

https://www.hl.co.uk/shares/shares-search-results/i/iqe-plc-ordinary-1p/share-charts

I often think back on what drove the 800% rise in a relatively short period. The only conclusion that i can come to , is that IQEs technology and its link up with a trendy product and sector was responsible.

I mention this because I believe that HARL and its Hydrogen/renewables connection, will in the next year elicit the same response from investors . The Future is Bright, the Future is HARL.

Energy Majors chomping at the Bit.

Cruella, you have been saying for ages that HARL is not building ships. You have been proved wrong on numerous occasions. I doubt if anyone believes a word you say, after that ridiculous comment.

HARL is now entering a period which will see it break even and then with massively increased revenue break into profit next financial year. There partnership with Navantoia will prove to be a masterstroke by JW and will place us at the foreground of the Defence , Cruise and renewables sector. I look forward from hearing from you again. The future is Bright, the Future is HARL.

Nice buys flying in. Bad news out of the way. Lots of good news waiting in the wings.

Sir Jonathon is currently a Non-Executive Director of Carnival Corporation, the NYSE & LSE listed global cruise operator.

I am sure our Non Exec is putting a good word in for HARL to get some of the refit work from the Worlds biggest Cruise line.

I like it. Big future for this company in the worlds fastest growing industry.

We should use our Indian connection then.

Rear Admiral Sai Venkat Raman, VSM is a serving Flag officer in the Indian Navy. He currently serves as the Flag Officer Commanding Tamil Nadu and Puducherry Naval Area. He earlier served as the Commandant of the Naval War College, Goa

Focused on supporting the UK Government’s Ten Point Plan for a Green Industrial Revolution alongside reaching net zero by 2050, this agreement aims to increase Harland & Wolff’s share in the renewables market by harnessing its extensive UK fabrication footprint.

Building on the complementary capabilities and capacities across all three companies which will ultimately strengthen Harland & Wolff’s offering to customers across the UK offshore wind (fixed & floating) sector, this agreement will jointly serve to offer safe, high quality, cost-effective solutions to offshore wind development companies, EPC contractors and the wider supply chain and competitively offer customers more efficient solutions.

Sounds very promising.

Bubble, To produce Hydrogen, all you need is water , electricity and a production plant and of course somewhere to store it. Wind turbines on a floating platform produce the centricity. Not only does HARL have the storage facility, but produces the jackets for the turbines. The future is HARL.

Harland & Wolff, the iconic shipyard with over 160 years of maritime and offshore engineering pedigree has signed a Memorandum of Understanding (MoU) with Navantia and Windar Renovables to target specific fixed and floating offshore wind projects primarily within the UK.

https://www.navantia.es/en/news/press-releases/navantia-y-windar-colaboraran-con-harland-wolff-en-el-mercado-de-parques-eolicos-offshore-en-reino-unido/

Xenor said "So it looks like we will be progressing some kind of project (or selling it) regardless of the outcome of the JR, which is good for us. However I suspect losing the JR would be a setback in timescales so winning it is better for the short term and the finance deal."

JW talked in his last podcast but one podcast i think of an offer coming in for IM. So, yes it is true , HARL would consider selling it and have clearly been in talks. Th offer was " Many multiples of what we have invested(£15m), which i am estimating to be around £75 m. JW has stated that he believes it to be worth low £100 millions. I would imagine like anything in business that things have not remained the same. The value of IM has been increased by the Governments desire to encourage clean energy and Hydrogens emergence as the darling of the sector. A JV with Navantia and an energy major , using the new formed HARL energy company could allow us to retain say 20-30% of the project , worth hundreds of millions and receive a very nice cash bung on top.

Bubble, any business set up under the Auspices of HARL and by JW is part of the HARL group and owned by the shareholders. I think its a vehicle for some sought of JV. Often theer is more value in the parts than the whole. This could be an excellent way of adding Shareholder value. Can you imagine an agreement re offshore windfarms with Navantia and hydrogen production. Judging by some of the valuations on AIM, a case could be made to value such an enterprise around £50m.

Strange how there were no arguments against my prediction of a BAe buy bid out at £3.50. The detractors on here can only post unsubstantiated nonsense and arnt capable of sensible debate, unless they think about boasting about the size of there member is relevant. I think a small profit of £10m next year is very possible. At BAe PE thats a market cap of £190m or £1.10 a share. That may seem long of. However, a few nice contracts will change everything here. The clever investors that Buy at the Bottom , are the ones that make money.

I blame the remoaners. 😀

Why is that ridiculous Xenor.

My post do not relate to the BAe rumour whatsoever. They are simply based on good business sense. Navantia, have already produced a destroyer that is technologically more advanced than our current models. Navantia, are transferring technology to HARL. I believe that Navantia would be willing to join with HARL in the type 32 frigate contract tenders. Why not, the won’t win it without a British partner. BAe will be worried that they will not win the bid. They are on a massive PE of 19z. The best way to increase earnings to maintain this figure and ensure a successful bid, would be to buy out HARL. I think the last time I looked they had over £2 billion in cash and by 2025 will have considerably more. I think using approximately 30% of the cash pile to buy HARL would be a very sensible move for them.