Member Info for Xenor

Good spot, admittedly I missed this.

That's 180m revenue contracted for 2024 then. I assume this is factoring in the Falklands contract as well.

Porthy why would civil servants know what the chancellor will do? The government wouldn't even answer most of Kevan Jones' (an MP) questions on the UKEF application nevermind tell civil servants.

"may veto"

Pure speculation. Of course the chancellor could veto, that doesn't mean he will. He has the power certainly just like he can veto anything else to do with finances in government.

The Times has continually posted negative articles regarding HARL, almost like they are paid for pieces.

I highly doubt the government would leak such information to the press before informing JW or Arun, and that kind of information would have warranted an immediate RNS.

No doubt it is spooking people and I would be lying if I said I wasn't concerned myself, but it feels more like market manipulation than anything. I agree JW needs to put out a statement on this, they can't just stay silent given the claims made in that article.

The Times have never said a positive word about HARL. The government aren't going to leak communications with HARL to the press before informing the company.

Did that need clarity? Did anyone other than Kevan Jones think that the government might be funding this? Noticed he is still digging for information on UKEF ad well.

It seems 90% of his questions in parliament these days are directly or indirectly about HARL.

Si, that's not how capitalism works. They would rather squeeze out the competition, keep the work to themselves at a slower pace and maximise profits.

I don't see a Labour government giving this work to anyone other than BAE and BAB either given the kind of comments we see frequently from Labour MPs about those who dare to compete with the big two.

Only thing I am interested in is our finance deal getting signed off. That would certainly boost British shipbuilding.

It's a big ship. How come we aren't painting it ourselves? To save time moving it around or because our drydock is occupied?

JW didn't say Q1, he didn't give an estimate for finance this time which was the right move and what he should have done last year. A lot of us predicted Q1 though, I was expecting March. It will probably come once we all stop posting and forget about it.

"Finance deal will probably land tomorrow knowing my luck."

Tomorrow, next week, next month you are going to feel the same regardless of when it comes. You only called it right if the deal doesn't come. Good luck.

I don't think many agree with the ferry side of the business, to me it is also poor timing with the finances as they are. But it's a tiny part of the overall business so the costs shouldn't be that high. The freight business there should be profitable to offset some of that.

Have to agree with Broomtree (for once), changing CFO or CEO right now would be a terrible idea.

It could completely derail or best case delay the finance deal even more.

Once the news is out that we're waiting on people will stop being frustrated and these comments about changing the BOD will disappear.

But as shareholders we absolutely must push for better updates. This is unacceptable and has been mentioned many times on here. Last trading update was September... 8 months ago. What has happened since then? Are we only getting updates in June and September with the annual and half year accounts going forward? I like to think JW is holding off on one until finance is sorted, and that finance is taking longer than he expected. But who knows.

As for Arun, he has no excuses for not buying more shares in the past but currently with finance as far along as it is I suspect he is unable to buy more until that deal is announced.

Frustration clearly building amongst shareholders as the financing drags on. I'm getting ever more frustrated myself. Like why is it taking so long? I suspect the timing of the deal closing is largely out of their hands since they are dealing with third parties, but some kind of update would be appreciated. Apart from the big contract announcement that we're awaiting confirmation on it feels like it has been silence for the last 6 months.

Would hardly call Navantia UK a British company if it's foreign owned. That's like trying to say HARL's office in Florida is an American company.

We're all sat here waiting on finance, IM JR appeal result and confirmation of Falklands contract. RNSs here tend to be like buses, we'll probably get all three plus a trading update in the same week.

Fair enough. I just don't feel it's my place to comment on the local services of a place I don't live, or even places I have travelled to (I travel a lot).

I do find it interesting that the narrative on there is the same narrative you get on ADVFN and to a lesser extent on here. That the government is bailing the company out with a 200m loan. I don't find that a coincidence. Only takes one or two people to say something enough for local people to believe it as unlike shareholders the residents of Scilly aren't going to be doing their own research on HARL as a company. They only care about their ferry services and may believe people posting additional information are trying to help out rather than protecting their own interests.

It's clear now that JW completely underestimated what it takes to start up a new ferry company and his idea of getting it up and running with a full service in time for this season was overly ambitious. The delays in getting finance over the line likely hasn't helped.

Pretty desperate measures when people from here have to start posting on local Facebook groups to spread their narrative to help their trade. I watch the Sea Links group but I don't feel that I should be posting on there.

To be fair the locals seem to be just as good at stirring the pot, especially that admin who clearly sees HARL as a threat to something he has interests in. Probably a shareholder of IOSSC.

It's all an excrement show and a distraction. I dread to think how much has been spent on this Scilly business when the priority should be avoiding unnecessary spending until profitability is reached. Especially so when finance still hasn't been sorted.

I've said quite often that AIM is dead but it is showing some signs of life as its currently at the highest it has been since June and trending up since October. Not sure what is driving it.

B, I know you're desperately trying to turn this thread into a thread about you like the narcissist you are but let's keep it on topic.

Si, yes I have checked that in the past. I said "pretty sure" but it was a while ago and I may well be referring back to the post Dog just quoted as I can't find anywhere he explicitly states that he sold. His posting history does suggest he sold at some point however, you don't continually talk down your investment and try to convince people not to buy if you want your losses reduced.

To be fair to BlairPeach, he likely has held shares since then. I believe I have mentioned several times that there is a pattern to the times when he and other bitter former INFA holders show up. Usually it's silence on a rise and hammering the board with negativity when it's trending down. No doubt flip flopping between long and short. As a chartist you should have spotted it yourself.

It's odd that his shareholding seems to be more important than the reasoning for his removal from the site. Though given the fact his posts haven't gone anywhere my guess is he hasn't actually been banned and it's a case of forgetting password or the login system glitching or whatever. I had problems logging in here once after getting logged out.

I hope as his ADVFN post suggests that he hasn't actually taken a 60% loss and went short, because that's going to turn out to be an expensive lesson when finance arrives. I didn't believe that comment at first, but you're doing your best to convince me that he really has gone down this path.

I'm going to leave it at that as it's a bank holiday weekend and I have better things to do. Hopefully this long overdue finance arrives on Tuesday.

B, if someone states that they have sold and then post excrement for months/years (as you also do constantly) then I can comment on their position. If you/they don't want people to comment on it then don't make it a discussion point! Not difficult.