I saw this yesterday.
https://www.cityam.com/is-the-london-stock-exchanges-aim-in-terminal-decline/
Pretty much what I've been saying for the past two years. Need to get off this horrible market.
Seems it is not just smallcaps unhappy with the LSE...
https://www.cityam.com/shell-looking-at-all-options-on-undervalued-london-listing/
Indeed, let people make their own judgements. Though I imagine reading several months worth of posts from a Facebook group in one go would be almost as tedious as reading your posts on here.
I never said he wasn't informed. Balance is what I strongly disagree with. Though lately he seems unhappy with both companies, and rightly so to be fair. From our part there needs to be better communication around the service actually starting and the boat itself.
Ah, so that's why Justin has been highly critical of HARL at every step of the process.
Honestly thought it was BlairPeach trolling the group when I first started following it a few months back, then noticed "Admin" under the name.
As with these boards, when someone is hyper critical about something there is always a motive.
This is the one thing that concerns me with HARL. It doesn't matter how good a company is if the stock market it is on is the turd. AIM is mostly sentiment driven PIs and until that changes valuations will remain low. There isn't enough PI cash to distribute across the 600 or so AIM stocks as a lot of PIs have been wiped out on dog shares or took their money off the market after close calls with dog shares. Saw one AIM company recently go private because they didn't see the benefit of staying on AIM and felt their share price was far below where it should be.
It's all theatre. If there was ever a war between NATO and Russia it would be nuclear and over before the ships even leave their ports. But building more warships is good for the economy I guess.
That guy again. 😂
This is what happens when you give MPs a job for life. No threat of Labour ever losing that North Durham seat. I used to live in that constituency and it's a waste of time even voting. My current one isn't any better, another job for life Labour MP, one of the most useless MPs in parliament. Too many former mining towns in the region that got shafted when the mines closed and vote based on that alone.
"I think we're now beginning to enter a period in which 'Cash will become king'"
I have been hearing that for the past few years. Cash already is king. We're waiting for that to end.
CPI is approaching my target buy of low 12s but I see nothing to suggest that it won't keep falling in the short term. It may bounce to 13p before falling again but not worth the risk of a 4% gain.
I haven't dipped in yet NoFear but it remains on my watch list. The way it is circling around 13p like bath water around a plug hole suggests to me that it will go lower. There's just no bounce at all here.
I think the buying opportunity will come soon enough, in the next month or so maybe. But I am underwhelmed by expectations for 2024. I thought this turd would turn around the August 2024 results but expectations following the annual results seem to indicate 2025 for the turn around.
There's probably an easy 30% or so from this level for those willing to hold but I don't see much more than that in 2024. 30% is a decent return but for me it's not the best short term opportunity.
Only JW and Arun knows what happened in H2 2023. It does look like the deal stalled at some point awaiting the ministerial approval for 100% UKEF. That clearly took a lot longer than JW and Arun anticipated. We all know government are slow to make decisions.
They didn't give any ETA in that December RNS, perhaps that was a sign that it may not be done in Q1. But how long can it take to arrange a consortium of banks and draw up documentation? My guess was 2-3 months, hence Q1. Looking like it may take a bit longer. An update on progress would be nice and ease some fears here.
I think we will see a flood of RNS following the finance deal with updates on lots of issues and maybe even some PR. There's lots to look forward to in Q2 with finance, IM result, Falklands confirmation, 2023 results, Scilly service starting just to name the expected news.
My prediction of both finance and IM result in March are turning out to be wrong in the end but I'm not concerned as both must be very close. At least JW never said this time that finance will be done in Q1 so for once it's not a delay. Of course there's still tomorrow for news, but realistically it's going to be next month now.
IOSSG's failure will be down to nothing but greed. So desperate to hold on to their monopoly that they turn down public money in favour of building the ferries in Vietnam. I've no sympathy for the company, but I do feel for the lower paid workers who had no say in these matters and will likely lose their jobs when the company collapses. Maybe we can employ them on our services. Be interesting to see where this is all at by the end of the year.
AIM is broken. The good companies will leave for a better exchange or get taken private. The bad companies will dilute to oblivion, wither and die. JW has already expressed his interest to move off of AIM at some point. Could see it happening in the next couple of years.
That is indeed a good summary. It sounds like JW knows what he is doing with his entry into the Scilly ferry market. I'm still on the fence as to whether it was a good move to make, but if the freight is lucrative it will cover any shortfalls of the passenger service in the short term until we become more established there. Steamship company sound like they are on big trouble.
I was expecting sells today. There was a guy on Telegram on Friday complaining about the finance deal dragging on and saying he was going to sell this week. Then he left the group and his posts disappeared.
Unfortunately that's what we're dealing with here. Every week/day people are getting fed up and cutting their losses, even at this low. But that's why we are at 10p to begin with.
One would expect that once finance is over the line this trend will reverse. Problem is will a 10p seller buy back higher or have we lost that investor forever?