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Encouraging. Let's hope that kind of investment from banks, insurance funds etc becomes a bit more of a part of the macro picture.

All you shorters, time to close? Before you lose your shirts? Smell the coffee. No-one likes your posts.

Absolutely Kaeren 😆 Oh, and pension funds are being encouraged to actually make us some money by investing in UK growth funds. HARL should be a prime candidate for Scottish Widows, L and G and Aviva. The latter are relying on share buy backs to boost their sp and that strategy is certainly not working. What a waste of money when they could be supporting growth by investment.

Because their revenue is forecast to triple by the end of the year, their margins exceed the industry average and the lenders are engaged in serious discussion about single digit interest rates? 🤔

Up we go.

Hmm. Are the lovely mms protecting us or is there a positive RNS being filed? Crossing fingers. I sold something yesterday with a view to adding to my HARL holding. Waiting for the bottom. But maybe this is it?

Thx I will. Already shared the link on Twitter.

Their policies as a whole will encourage international investment- making friends with the EU for starters. Tackling the manipulation on the stock market- giving the FCA more teeth and better funding. And green investment including energy storage will be top of the agenda.

What are you on about? A Labour government will encourage inward investment much more than the Tories. Read their policies.

Cenkos. Damn spellchecker 😆

Any chance you can share those extracts. The shorters are using the Cenkis report to scare the market.

They've just cancelled it. Same 400k with a subtraction mark in front of the trade from midday.

How is £700-800 million not a 'significant' contract? And £55 million from the Ministry of Defence? I don't know what you shorters are on sometimes.

They have about another £100 million backlog of orders to be confirmed and the FSS deal financing schedule still to be announced (£700-800 million). Plus new contracts they will be chasing. IMM judicial review is not the only news to come.

We don't know is the answer to the question about the timing of the judicial review for the IM gas/potentally hydrogen storage facility. Stoke certainly doesn't know. He's just a shorter. Sigh.

They've never said they would be in profit this year. Tesla are still not in profit. Doesn't stop them being one of the most highly valued firms on the planet. I could point out lots of firms that aren't in profit yet, but like HARL have a backlog of confirmed orders, some of which are delayed. Times are tough. As long as the contracts are still pending it's all to play for. Petrofac have £215 million debt and like us, hundreds of millions of pounds worth of outstanding contracts. They're at 79p after a bit of a fall, they've started to recover well. Shares go up and down. Bears always jump on debt. It's a part of doing business as long as a company can service the debt and set out a credible plan to profitability they are a going concern aren't they?

Yes, tomorrow morning isn't looking good. Mostly because the shorters are scaremongering basing their assumptions on 'worst case scenario'. Any company appraised on that basis won't look pretty. Best case scenario assumes that they do convert the £900 million backlog and continue to build on their investment of £77 million into state of the art shipbuilding facilities winning even more big contracts. They have confirmed another £55 million for the Dept for Defence already. The macro environment is to some extent crap because of interest rates. It is also full of opportunities for a company positioned to offer services to support green energy transition and defence as well as shipbuilding at a time when the government wants to increase the size of the naval fleet in the UK. There's a war on ffs. The Spanish partnership is a significant achievement. Navantia are massive and credible.

The loss is partly because of historical debt and partly because of the speed of expansion and investment necessary for the FSS contract. That 'worst case scenario ' is very unlikely. The FSs contract is already materialising with the upfront £77 million investment.

So not expecting a positive momentum tomorrow. I will be buying in the next few days though. I think best case scenario is much more likely than the worst case scenario that the company are obliged to acknowledge. It's perfectly feasible that they will achieve their ambition to become a £500 million company in the next few years. Possibly in the next 2 years which is the stated ambition. Not holding my breath for 2 years. But I expect to see good progress towards that. In the first instance with confirmation of more of the £900 million wins this year.

As I mentioned Tpx announced their accounts will be out next week. Absolutely no-one there is speculating on suspension. We have a bit of troll city going on here sadly. Have to go out. Gla everyone. Well those of us who are invested.

If they put out an RNS stating it's coming early next week it's unlikely they will be suspended. Tpx just put out a statement to that effect and they are down about the same as us. They also have massive contracts in the bag. We're contracting with government.

Disappointed they're late. It's possible there's a positive reason if they have been rushing to get a preliminary agreement ìn place with lenders.

If it sinks it will bounce back. Revolution Beauty have gone up 15% every day since their readmission. I don't think it's worth the risk selling.

You do what you want but not convinced you're in. Reckon you're a shorter.

I know. He also said they were looking at an agreement for single digit interest which would be announced in due course.