Member Info for Wiseinvestor23

Terrible legacy sentiment from the LTHs here

If any of of the 37+ tenders come in valued a 100mil+ your be kicking yourself for trying get a cheaper entry approaching a new rich period

Having reviewed these conditions, the Company is satisfied that it can successfully meet the conditions and ongoing obligations and has, therefore, informed DAERA of such acceptance. The Company now expects DAERA to issue the full marine licence within the next fortnight per the agreed timetable. 

https://twitter.com/Hydrogen_NI/status/1455083071305306119?s=20

https://twitter.com/Hydrogen_NI/status/1453737854060744724

There both referring to Island Magee

The NPV was £141.6 million in 2016

https://tradingeconomics.com/commodity/natural-gas

As part of the FEED studies, a “P90” cost estimate has been undertaken for delivering the Project determined by probabilistic analysis.  P90 values are established to provide a high level of confidence (90% confident) such that the Project outturn cost will have a 90% chance to be below this estimate and a 10% chance above.
The P90 estimate is consistent with the economic modelling undertaken on the Project and therefore InfraStrata proceeds into the next phase of development with a high level of confidence from a technical, cost and economic basis.
The economic modelling undertaken was on a range of cost estimates of £100m – £120m for delivering Phase 1 (2 caverns) and £300m – £330m for Phase 2 (adding an additional 6 caverns, resulting in a total of 8 Caverns).
The combined FEED studies have delivered P90 cost estimates of £114m for Phase 1 and £265m for Phase 2, with an additional risk allowance for a total of £11.6m for both phases. 

Sub 30mil mcap for a company in 380mil minimum funding discussions

Along with the 37+ contracts in tender that a due to to start coming in

Will keep adding more

Thank you very much stokey - will listen now

In 2022 il be starting a non profit charity - your all welcome to help participate - positive vibes

“We very much welcome the Prime Minister’s announcement today to increase defence spending. This builds on yesterday’s Ten Point Plan announcement, much of which will directly benefit Harland and Wolff, since our group, as it currently stands, spans at least half of the Prime Minister’s ten points.”

Does anyone have a link for John wood speaking at COP26 yesterday?

Or yesterday’s questions to the Scottish minister about shipbuilding?

Thank you, have a good day all

Good morning

Nothing goes up in a straight line and we're 55% up since I tipped this share - consolidation is healthy.

It pays to know - in 2019 when the SP was 154p they only had Island magee and was about to conclude 400mil funding before ML issues arose - we will now have the ML fully granted next week and funding discussions have already started.

Between then and now they acquired the 4 docks and the last only became fully reactivated on the 19th of October Good morning

Nothing goes up in a straight line and we're 55% up since I tipped this share - consolidation is healthy.

It pays to know - in 2019 when the SP was 154p they only had Island magee and was about to conclude 400mil funding before ML issues arose - we will now have the ML fully granted next week

Between then and now they acquired the 4 docks and the last only became reactived 4-5 weeks ago Good morning

Nothing goes up in a straight line and we're 55% up since I tipped this share - consolidation is healthy.

It pays to know - in 2019 when the SP was 154p they only had Island magee and was about to conclude 400mil funding before ML issues arose - we will now have the ML fully granted next week

Between then and now they acquired the 4 docks and the last only became reactived after the last - the financial statement was for 3 months or refurbishment and 9 months of dockyards one by one reopening

· 31 July 2021 marks the end of the period of major upgrades across all the yards; Harland & Wolff is now accelerating operations and has changed its focus from re-establishment of the yards to converting a substantial pipeline of opportunities into contracts.

What does the future of harland look like today?

It's look like we’re now filling the 7bn+ unwaited 2bn+ of waited backlog

Out of the 15 MOD contracts that the 24bn budget was reaesed last Wednesday - Tuesdays defence committee showed all UK ship builds will have there hands and docks full to meet the demand

The 22 vessels for shipbuilding in tender

And all of the wind contracts in tender ranging from 30-200million - Defence and renewables markets are coming into play quicker than originally envisaged; significantly larger opportunities brought forward by the Government in its commitment to naval defence spending and transitioning to green energy by 2030.

And on top of that - after the ML is granted next week, within 2-6 months we will conclude 380-450million funding

The island Magee funding is 12x the current mcap alone

And any of the above tenders coming in ( of which many will ) will all be worth multiples of the current mcap

The shipbuilding side has up to 500mil per annum capacity at 80% and harland will now be growing towards that year on year

During or after cop26 we will start receiving large wind contracts to meet the UKs wind ambitions - Harland have the largest wind turbine fabricator in the UK

Harland have 4 different ways to be worth multiples of the curre

https://www.linkedin.com/posts/harlandwolffplc_qec-readiness-activity-6861343961823481856-IasU

https://www.lse.co.uk/rns/INFA/holdings-in-company-4elq7h0jbasbl4y.html The answer to lotties question? Maybe a different poster

Il stick to the facts thanks - rather than a guy on a BB getting a direct email from the company the day after the license has been granted?

Currently in FID discussions while island Magee is a solution to the current gas crisis - encouraged by NI hydrogen hinting things like this - https://twitter.com/Hydrogen_NI/status/1455083071305306119?s=20

Even if it is 6 months - it’s 380million+ for a company currently worth 32mil

I was thinking about GGP and how they haven’t mined an ounce yet but are valued at over half a billion due to detailed future potential.

I’m just finishing listening to today’s defence committee meeting - constant questioning about do we have the skills to meet the 24bn expenditure ( Harland & Wolff (Belfast) is the only facility in the UK that undertakes these types of refits and maintenance on a daily basis for commercial vessels of this size. The award for this contract is expected to be announced in the next few months with Harland & Wolff and another competitor yard in the fray.  
 
The Company is actively involved in advanced negotiations with other prime contractors to pick up sub-contract work for ongoing defence programmes. The Company has successfully cleared technical, physical and commercial due diligence and is now in the process of negotiating scopes of works for a series of sub-contracts, announcements of which will be made once these sub-contracts are formally executed. ) we’re in tender for 15 MOD contracts

I personally believe the next contracts will be for wind - we’re in tender for contracts ranging from 30-200million

And in tender for 22 commercial vessels

It’s not if but when - Harland will be worth multiples of the current Mcap now all dockyards have been fully reactivated, the last less than 4 weeks ago - and positioned to grow are annul revenues and profits year on year going forward ( up to 500million at 80% capacity)

It’s almost seems like some posters here are trying to get cheaper entrees - as it’s clear for anyone with a calculator the going forward we’re be receiving contracts larger than the Mcap ( the Sicilian ( decision due this quarter - https://www.linkedin.com/posts/activity-6860968385895788544-qcMP CEO visiting yesterday ) or the wind contracts alone could be worth over 5x the current mcap )

https://twitter.com/Hydrogen_NI/status/1453737854060744724 - island Magee by it self is company making and the funding amount is currently 12x+ the current Mcap which I’m sure everyone here knows

Thank you mate - I will listen when it starts and feedback what I can

As the Company moves forward in its discussions with key project investors and stakeholders, announcements relating to the Project's Final Investment Decision (FID) will be made once those negotiations have been completed and a financing package has been formally agreed.

No where was q2 mentioned and I can’t see where you pulled that figure from. This is what we have from the company - that they are in negotiations now

The issuance of this full marine licence is an opportune time to undertake a full review of the best funding mechanism and the nature of our future participation in this project. The focus on the current gas supply crisis along with support from the National Infrastructure Bank for shovel ready projects warrants further evaluation of the various funding options 

As the Company moves forward in its discussions with key project investors and stakeholders, announcements relating to the Project's Final Investment Decision (FID) will be made once those negotiations have been completed and a financing package has been formally agreed.

Already in negations

https://twitter.com/Hydrogen_NI/status/1455083071305306119?s=20

https://twitter.com/Hydrogen_NI/status/1453737854060744724

There referencing island Magee 380million minimum funding - a solution to the current gas crisis

On top of all contracts in tender - many will be worth multiples of the current Mcap

Looking forward tonight’s shipbuilding adjournment
And JW speaking at COP26 tomorrow

https://www.reuters.com/business/autos-transportation/chinas-ganfeng-lithium-inks-lithium-battery-supply-contract-with-tesla-2021-11-01/

Excellent find OT

Pair that with this

https://twitter.com/Hydrogen_NI/status/1453737854060744724

This morning Mark Jessop and Seena Shah joined Hydrogen NI at the KPMG UK Belfast office. They heard from Minister Lyons, KPMG and B9 on the integral importance of salt cavern gas storage to the ambitious NI hydrogen vision.

https://www.linkedin.com/posts/islandmagee-energy_hydrogeneconomy-hydrogen-hydrogeni-activity-6856891040973103104-Ln94

And we have some clear pieces to a puzzle

There’s also the adjournment debate today - for what steps the department is taking to create jobs and encourage investment in the Scotland shipbuilding industry

This contract will be over a 10-year period commencing 2023. The Company believes that it is in a good position given its dock size, capacity and capabilities to service these vessels. Harland & Wolff (Belfast) is the only facility in the UK that undertakes these types of refits and maintenance on a daily basis for commercial vessels of this size. The award for this contract is expected to be announced in the next few months with Harland & Wolff and another competitor yard in the fray.  
 
The Company is actively involved in advanced negotiations with other prime contractors to pick up sub-contract work for ongoing defence programmes. The Company has successfully cleared technical, physical and commercial due diligence and is now in the process of negotiating scopes of works for a series of sub-contracts, announcements of which will be made once these sub-contracts are formally executed. 

We've known we're in tender for the 1.5bn UK defence contract

We know now were in tender for 15 and we've told we're due are first UK defence contract "in a few weeks" a few weeks ago. Now last weeks spending review is past and the 24bn shipbuilding budget has been announced - i don’t know why JW would have said that otherwise.

One of the ships related to the below last paragraph q4 2021 is the Sicilian - here’s there CEO visiting today https://www.linkedin.com/posts/activity-6860968385895788544-qcMP - How much do you think would be the cost of a ship like that and a contract to Harland would be worth?

Guys, I don’t know why my posts have been spoken about so much today - there’s many more people looking into these boards than just the 6 or 7 regular posters and LTHs - and the majority of information shared daily wouldn’t be understood by a new investor looking in without further DD, so I share to help - sorry if it’s information you already know. I now am going to be long term holder in Harland and Wolff because I see the company is at a major turning point “at the beginning of its growth cycle” in the CEOs words ( from the most recent interview -I can share again for any new investors ;) )

Investing in the markets is my full time job - and Harland and Wolff are clearly at a major turning point and have multiple ways to be valued multiples of the current 32mil going forward.

The first which got ignored by unnecessary messages

As part of the FEED studies, a “P90” cost estimate has been undertaken for delivering the Project determined by probabilistic analysis. P90 values are established to provide a high level of confidence (90% confident) such that the Project outturn cost will have a 90% chance to be below this estimate and a 10% chance above.
The P90 estimate is consistent with the economic modelling undertaken on the Project and therefore InfraStrata proceeds into the next phase of development with a high level of confidence from a technical, cost and economic basis.
The economic modelling undertaken was on a range of cost estimates of £100m – £120m for delivering Phase 1 (2 caverns) and £300m – £330m for Phase 2 (adding an additional 6 caverns, resulting in a total of 8 Caverns).
The combined FEED studies have delivered P90 cost estimates of £114m for Phase 1 and £265m for Phase 2, with an additional risk allowance for a total of £11.6m for both phases.

So I have island Magee funding at 380mil but iv been told by a a credible poster here it’s now 440mil+ - what would everyone’s price prediction be after receiving funding?

Separate to any of the 15 ministry of defence contract currently in tender

The 22 shipbuilding contracts currently in tender.

Or the wind turbine contracts ranging from 30-200million

As the Company moves forward in its discussions with key project investors and stakeholders, announcements relating to the Project's Final Investment Decision (FID) will be made once those negotiations have been completed and a financing package has been formally agreed

There was many other key hints like this last paragraph above thoughout today’s rns - or this one

On the newbuild side, the Company is currently tendering for six newbuilds in the ferry market, two of which are due to be awarded in Q4 2021 and the remaining in 2022. All these projects will be multi-year and could utilise both the Belfast and Appledore yards in tandem, should the Company be successful in winning one or more of these tenders.

Behind these typed words I’m a good and real person, and will be joining for the journey ahead - we

As part of the FEED studies, a “P90” cost estimate has been undertaken for delivering the Project determined by probabilistic analysis.  P90 values are established to provide a high level of confidence (90% confident) such that the Project outturn cost will have a 90% chance to be below this estimate and a 10% chance above.
The P90 estimate is consistent with the economic modelling undertaken on the Project and therefore InfraStrata proceeds into the next phase of development with a high level of confidence from a technical, cost and economic basis.
The economic modelling undertaken was on a range of cost estimates of £100m – £120m for delivering Phase 1 (2 caverns) and £300m – £330m for Phase 2 (adding an additional 6 caverns, resulting in a total of 8 Caverns).
The combined FEED studies have delivered P90 cost estimates of £114m for Phase 1 and £265m for Phase 2, with an additional risk allowance for a total of £11.6m for both phases.

So I have it 380mil but iv been told by a a credible poster here it’s now 440mil+ - what would everyone’s price prediction be after receiving funding? Separate to any of the MOD, wind and shipbuilding contracts currently in tender.

As the Company moves forward in its discussions with key project investors and stakeholders, announcements relating to the Project's Final Investment Decision (FID) will be made once those negotiations have been completed and a financing package has been formally agreed

Breaking the 52weeks high would be a start - as after the Ml is announced Harland are in the strongest position in there history.

Yes we’re be operating at breakeven this year, but will everything required to grow substantially going forward. The ML being granted started funding discussions ( 380mil to my knowledge, 450mil from some of the LTHs here ) the upside is basic maths - we’re also clearly poised to give the gas/hydrogen storage and security the UK needs

And with multiple wind turbine contracts ranging from 30-200mil in tender

The 15MOD contracts in tender

And the 22 vessels for shipbuilding in tender

Any of the above will be usual or larger ( a 200mil contract would be 6x+ ) than the current mcap

If investing is asking what does the future look like? Then the future looks very bright from the current 33mil mcap

Bearing in mind we have had 30mil of confirmed contracts this year on top of all boats that have come though, the 9 more this side of the year - and all infrastructure of the 4 yards and then money spent on island Magee previously to get it ready for full funding like it is now.

I’m gonna keep on buying everyday leading up to the ML final decision while we’re under 30p - any issues that cause a dip on the ML side and il pile in more before key contracts arrive - we’re worth more than 33million right now