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Jees Si, yer gonna start a row over here !
We can't have a 3rd crane as male. There'll be protests, petitions and all sorts launched here in Ireland. I felt Delilah might be more easily accepted, but then again she sorta assaulted Samson with the haircut so could we have a bad role model like that ?.
I'm gonna suggest we go for a gender fluid variation of David, and we go for Dee. Surley no one can be offended at that, lol
As for the size of the crane being relevent to the name, sure that wouldn't matter when us buck eejits over here called the bigger crane Samson and the smaller one Goliath.
On the Harland and Wolff Facebook page as well as the Belfast Live FB page, there's a post showing a new big yellow crane coming to H & W Belfast.
I've tried to copy and paste the link here but for some reason can't get in done. If there's anyone can do this please do.
They're running a campaign as to what the new name of the crane should be. Obviously with the 2 existing cranes being Samson and Goliath, I'm backing the campaign to have this lady called Delilah. Have a look at the FB page and pop on your own name suggestions too.
Cheers for that Stokey. Maybe then the 1.6M is for 2 other ships then. If it is for Irish Ferries though a 5 day timescale for Dublin Swift and nothing appearing to be coming in from Irish Ferries in the next 7 days (apart from D/S) wouldn't tally up with a mid June completion date. My suspicion is it was for the P & O's, although I'd be delighted to be wrong.
I didn't get to see the recent Roadshow presentation Stokey, but i remember that 1.6M contract announcement was either the same day, or the day before the presentation. Did they not confirm at it though that this 1.6M was in relation to the P & O ships European Causeway and European Highlander (one which had already been in and out of dry dock, and the other that was in dry dock at the actual time of the presentation) ? I could be wrong but i assumed the 1.6M was for those two ships.
Re the annual classification surveys are you aware of anywhere online where it can be read when these surveys have actually been completed on vessels ? It would give us an indication of when they might be due in again.
You're right Stokey about it coming into the BBD from the Belfast Harbour site yesterday. It was however mean't to be coming to the BDD initially as Stena Europe wasn't envisaged at that time to need dry docking. S/E was actually due to be leaving the SRQ in the coming days.
At just over 100 metres long Dublin Swift would be straight into the BDD normally as the larger 500M BBD would be overkill for this wee RoRo.
Having a look at the Belfast Harbour page there's a few ships due in this Saturday to H & W.
Dublin Swift that was due to come in to the Belfast Dry Dock (BDD) is now coming into the Belfast Building Dock (BBD) instead. This'll be the first ship in this dock for a month or two now and it's good to see it being utilised.
The reason I see that it's been moved to the BBD, is that Stena Europe, that was due to leave the Ship Repair Quay (SRQ) in the coming days to go back into service, is now staying in H & W but is being moved into the dry dock facility of BDD.
It's good to see both docks being used simultaneously for the first time in a while.
https://booking.belfast-harbour.co.uk/
Unfortunately I didn't get to see the Investor Roadshow and kicking myself now that i didn't.
I know what Infa have said on why the roadshow was withdrawn from viewing, but what are the theories on why it was withdrawn ?
Has JW or AR give more info or hinted on something than they maybe shouldn't have ? Maybe it's info a customer is not happy with, maybe something that might give commercial advantage to competitors, maybe something that wasn't factually as accurate as it could have been, maybe something they're still working on but haven't yet closed, maybe info on MOD work that Boris is happy with ?
Sorry with all my above 'maybes', but what's the 'word on the street' in investor circles on it ?
Also. . . . Can i do a shout out to Lottie plz ? What's your thoughts on this being shorted and the possible outcomes if it is being majorly shorted ? Tia Lotts for anything you can share with us from your markets experience.
Well spotted Stokey.
Dublin Swift (previously WestPac Express) was in H & W back in 2018 so the lads will be well familiar with her, having refurbed it to a passenger ferry back then.
I've attached an article with some great pics of it in drydock.
https://www.niferry.co.uk/dublin-swift-ex-westpac-express-update/
If the stock is being shorted Nobby i feel they are taking a very big risk with this stock, even more so than the usual higher risks associated with shorting.
With Infa having quite a few irons in the fire, even one of these irons coming out glowing could move this forward very quickly and leave these shorters very vulnerable. The likes of the ship repair business will only keep some of the company lights on, but the big possible deals of ML, MOD work, Triumph, a bigger renewables contract (bigger than the Saipan 26M one) could really move this on. If there are shorters I imagine they want a negative ML decision very soon as I believe we'll definitely pick up some form of substantial MOD work in the medium term.
I've seen previous stocks where shorters have been hammered with losses when there has been more than one shorter on the same stock and there's even just been some modestly positive news. The shorters have ended up in a clammer with each other to buy back stock, which in turn moves the share price north particularly if supply and demand dictates that they struggle to get the stock at a price they want.
The main reason I see that in Infa might be shorted is if they felt the ML decision is going to be negative as this would be a short term hit on the share price.
If some positive news is announced soon, I so hope there has been more than one shorter as these guys (if indeed there are any shorters) will boost the share price even higher with them competing with each other to buy back in to capitalise on any gains they've made to date or to mitigate any losses they might see as the price moves up.
These are just my thoughts. Itll be interesting to see how this plays out, but I'm get increasingly impatient and nervous with JW and Arun not buying in themselves.
It's good to see the positive press around the Prince Charles visit to H & W. It keeps the H & W and Infrastrata name in the public domain, and hopefully keeps it in front of the Boris fella too as he starts spending a few quid.
This link is from The Courier .
https://www.thecourier.co.uk/fp/business/business-news/2237200/prince-of-wales-praises-apprenticeship-programme-at-fife-company/
I see on the Belfast Harbour website that Stena Europe is coming into the H & W Belfast ship repair quay (SRQ) tomorrow morning and has a 4 day stay according to them.
Anyone any knowledge on what it's having done ?
https://booking.belfast-harbour.co.uk/
Just my luck but today was he only day this week that I'd other commitments that i couldn't get out off, so i didn't get to see the webinar.
Does anyone know if it's available to watch elsewhere or maybe I'll just have to wait until it hits the Infa web page ?
Thanks
JW has been busy today chatting with The Mirror.
I've popped in a few links below where he makes reference to Team Resolute and the Navantia relationship, as well as reference to the Royal Yacht Britannia replacement.
There's no new news in these links but it's always good to see the Infrastrata and Harland & Wolff profiles being kept in the public realm as real contenders for completing these works.
https://www.mirror.co.uk/news/politics/shipyard-boss-defends-link-up-24092054
https://www.mirror.co.uk/news/politics/royal-yacht-britannia-replacement-could-24092622
I hope you're right Stokey as it would seem bizarre to issue an RNS of getting a contract mid way through the contract, when 50% of the work has already been done on that contract. It would beg the question, if it's worthy of at RNS why was it not RNS'ed at the time ?
Hopefully though Si Derman's speculation of Brittany ferries or someone else is more accurate than my thoughts about P & O.
We'll find out later this evening.
Si and Stokey. My thoughts are that the contract being referred to is the P & O one, where European Highlander has already been in and out of H & W and European Causeway is due in today. I image we'll be told tonight in the Xoom presentation.
Nobby31, your post is an excellent one re JW and AR share purchases.
Personally I don't normally invest too much in AIM companies unless i see that the BoD have a reasonable stake in the company themselves. Infa is my exception so far. The BoD don't have the level of 'skin in the game' that I'd like to see, and I'm getting increasingly uncomfortable with this too.
Recently when JW and AR's £1million+ incomes were disclosed (as well as JW's few hundred grand for hiring us his boat), I put on here a fairly lengthy post that i supported this, and the reasons that i did. Do i still stand by that supportive post of what they received ? YES ! ! I very firmly do ! Infa were a one trick boom or bust pony with IM when they came to the company. They've transformed it now to one where the potential is scarily massive in my eyes.
Will i continue to stay invested here if i don't see some director share purchases ? Yes is the answer to that as i'm not going to miss out if/when this takes off. The 'however' though is that i will be substantially decreasing my holding if i don't. The percentage i decrease by, and my timescale to do this (if necessary) are figures I've already decided, and I will stick to.
On Infa Nobby, you have a lot more knowledge than the average Joe Public, and with your TR1 status, you obviously have direct contact with JW, AR and the board. I'm therefore taking it as fact when you say the BoD read these pages.
With that in mind, this message is to you JW, Arun and board ! !
Well done to where you have brought Infa to, but show us some confidence in this position yourselves please. With the holdings you have, It also in my eyes leaves you wide open to the doubters speculation that you are simply ‘strippers’, stripping out the income and bonuses here while you can, before moving on. A few more quid thrown in by yourselves would give some confidence going forward.
You say to Nobby about being in an ongoing ‘closed period’. I hope this has been the case to explain it, but is it the case ?
Finally guys. Will you buy shares based on what I post here ? Of course you won’t, I’m just a minnow with a few hundred thousand shares. Please do listen to your TR1 friend though, and a few other significant holders (who post here too). I speak with some of these other holders fairly regularly (as you do too), and there is strong discontent that your wallets have been closed for 12 months.
Could this concern or discontent spread to II’s, lending organisations, potential new customers, government decision makers, etc ?
I so so hope it doesn't ! !
I see an old ship is coming into Appledore for some works. It’s the 75 year old 38m x 7.5m 290 tonne steamship, ‘Freshspring’.
This aul fella will need more than a spit and bit of a polish i imagine. Links below :-
https://www.inyourarea.co.uk/news/steamship-freshspring-is-first-vessel-to-enjoy-appledores-newly-opened-shipyard/
https://ssfreshspring.co.uk/freshspring-goes-to-appledore-drydock/
Dom Littlewood's recent episode of Dom Digs In is on Ferries and is filmed in Belfast Harbour. There's some footage of H & W, inc down in the dry dock with Stena Superfast 8. This footage of H & W is around the 30 minute point.
It's on BBC iPlayer for anyone interested in seeing a bit of the shipyard.
https://www.bbc.co.uk/iplayer/episode/m000vl0s/dom-digs-in-series-1-1-ferries
Carnival cruise ships at approx 300m (and some a bit more) wouldn't be coming to Appledore. H & W Belfast is the only yard Infa have capable of taking those big articles.
Obviously I wouldn't expect you say who the little bird was Tango, but how knowledgeable and credible would you rate the little bird on the information supplied, and did they give you any expected timescale ?
I agree with you Dawski that Monday could be interesting after the weekend press.
There's also the potential for share price movement if some of these financial 'tipsters' just happen to say the word 'Infrastrata' in any of their newspapers, financial publications, email updates, social media pages, financial blogs, etc.
With these financial commentators or tipsters, my experience is that not all of them are immediately on the ball to give hot of the press 'tips' as they might call them. Some of their commentaries are immediate on social media but others provide weekly, monthly or even quarterly updates or publications. I know a lot of private investors will follow these tips but quite often the relevant share has moved north by some level already before it gets to them.
Having said that, some of the press tend to stick to Blue Chip size company comments and Infa might just stay under the radar with them until they get a bit bigger or another contract RNS.
The press in the coming weeks might be more interesting than just over the weekend.