Member Info for TheDogFarther

Bubble, I am also working on a number of short explanations, thinking of calling it "Lessons for Limpwood". These will include the sought of accountancy and business terms that you may have studied at 16. We wouldn't want him looking completely out of his depth again , would we.

Bubble, waiting for Limpwoods explanation of his mixing up of FCF and working Capital. I am not holding my breath by the way I suspect that this one will go on a long time. Even longer than "Trading Around the Edges". He still hasnt given an honest explanation of what that means.

Just realised what you are going on about Limpwood. You are getting Working Capital and FCF mixed up. Not something anyone who knew anything about business would do, but an easy mistake to make for a Supply Clerk.

No Limpwood, it’s doesn’t make your point , as HARL don’t have FCF at the moment, which is what you claimed. I imagine that they kept you in the stationary room , to keep the others safe from accidental misfires. Good news that you are no longer capable of them.

So did I ,10,000 @ 13.4

Limpwood once again shows his ignorance of accountancy and business in general and also of the word insolvent. You would think he would have learnt by now to keep quiet on things he knows nothing about. But, i suppose all those years of shouting at lower ranks, have imbued him with a false sense of power.

"In financial accounting, free cash flow (FCF) or free cash flow to firm (FCFF) is the amount by which a business's operating cash flow exceeds its working capital needs and expenditures on fixed assets (known as capital expenditures). It is that portion of cash flow that can be extracted from a company and distributed to creditors and securities holders without causing issues in its operations"

This is an excellent description of FCF from Wiki. Im not sure if Limpwood has the intelligence to understand this definition and what he said.

"nail free cash flow estimates". What is he talking about. When has HARL given Free Cash Flow for 23/24. Limpwoods M.O. is to try and sound intelligent and slip in a negative or two. Luckily , he is not well educated to do it and slips up in his attempts with glaring regularity.

Remember his non sensical " Trading around the edges" statement. He should be forgiven though, i dont suppose the phrase Free Cash flow came up very often when he was counting Bog Rolls , in his army career.

"My own hope is by ‘winter’ ie 22nd Dec, if it’s to reflect in the end of year results. But not holding my breath given we’ve been here over a year."

What on earth are you talking about. Total Gobaldygook. Has your Grammarly subscription run out.

Bit touchy today aren’t we Limpwood. Didn’t sleep too well.

As they say, the cream rises to the top.

Yes Limpwood, i am consistent. I am consistently a shareholder of HARL (unlike others) , i am consistently positive about HARL ( unlike others ). Thought you were out of this board, thought that you werent replying to me or AIM. Why say those things if you are not going to keep to them. Its clear to everybody here, that you are very inconsistent and cant be trusted.

I can understand why some people may think this is an unnecessary distraction, given their complete lack of business experience. I would imagine that the complexity of running a multi million pound company, with its fingers in may pies, is frightening to someone from a simple supply supply clerk background.

Never the less , if HARL is successful in taking over the Scilly steam company , at a reasonable price, then it makes sense in many ways.

Firstly, if HARL doubled its bid and was successful , then it would still be getting assets worth twice that amount. Valuable assets such as cash and property , by the way. Increasing your investment by 100% in a single bid, is not to be sniffed at.

Secondly, with the Scilly company out of the way, the route would be open to receive £42 million of level up funding, which would be used to build the ferries. This would increase boths HARLs revenue and operating profits substantially.

Thirdly, the building of the ferries could be contracted to Appledore, . Further enhancing both local employment and goodwill.

Fourthly, the skills and experience gained from the ferry build, would put HARL in good stead to bid for similar contracts. Especially keeping in mind our recent Australian MOU. Perhaps people moaning about some of our yards lack of business, would rather they are built in Vietnam.

Taking everything in account, you would have to be a complete Eejit , not to be in favour of it.

Look on the table. Your glasses are there.

Bubble, i cant in all honesty be 100% sure. She did have a certain nobility though and reminded me of a famous American Film Star, Tom Selleck, it must have been the moustache .

Surely you are mistaken LSE. I saw this Old Wretched Bag women , not to far from IslandMagee and her sign defiantly stated that the Belfast region is not in Ireland.

Very good Porthy. More likely The Rusty Sheriffs Badge of AIM (:

Another Tick up very soon, me thinks.

It must be nice Syn to know that you can keep buying at a very low price, when you have been told that the Deal is Done.

Its not Cavendish that made this tiny Short .Its fronting for a client.

Re the TNS . I hope HARL made Cavendish pay for it.