Member Info for Xenor

Mcadder, you could try reading the whole thread before replying rather than just the title.

Spud is simply regurgitating what he read on Twitter without checking facts. The figures are correct... but for 2020, not 2022.

Yeah this is my biggest issue with JW - his forecasting is poor. I understand that the closure date of the finance deal is partially out of his control, but constantly giving estimates and missing them isn't good for the market. Problem is the market demands updates constantly, so JW tries to feed that by giving estimates.

We've heard some things about the work carried forward. I'm sure it was announced that we'd resolved the Saipem contract payments and received them in full. We've also received the delayed M55 payment from what I remember. These are the kind of things that should be bundled into business update RNSs.

JW if you're reading - start doing quarterly business updates from July 1st! A lot of AIM companies do this, but it feels like with HARL the updates come whenever JW feels like it. We had one March 1st, right in the middle of Q1. Ideally should have early April after the quarter.

From a lot of people I've spoken with we all know a lot is happening in the background, yet us shareholders are kept in the dark. I remain confident that we will hit the 2023 forecast and believe JW was conservative in setting it, but the market isn't going to believe it until the end of year RNS after what happened last year. 2024 is when this share will shine, after hitting 2023 targets and reiterating the 2024 target. If neither of those things come to fruition then we'll be having these same conversations until 2025.

Just to be clear, this guy is talking about 2020 figures. 2021 figure was closer to 330k

All in last year's report if you want to read it.

At the end of the day hitting 2023 forecasted target will be the most important thing this year. That will reduce losses substantially vs last year and of course hitting 2024 target will break even. JW has to deliver on these targets or big questions need asking.

Big loss was expected. Delay to finance not so, but good to hear the rate will be in single digits.

Last we heard there's no immediate need for the finance, but I'll still be happier once it is a done deal.

Agree JW needs to deliver on the 2023 targets to restore confidence, especially after missing last year.

I believe the share price is falling because the company doesn't have enough cash for the next 12 months, so the disconnect between V price and share price doesn't matter until the cash situation is resolved.

Tempted to cut my losses and run here. Reminds me of RMM.

There's already a Telegram group with around 350 members.

htt ps:// t .me /+iIDzDn8A87RmYjE8

The results will come when they come, there's no reason to believe they will be late. We aren't the only company on AIM waiting until late June. If JW plans to release a 1H business update at the same time then later makes sense. But that's speculation.

I think there was a three month extension allowed during the pandemic.

The forward looking statements amongst the results will be what matter. Everyone invested knows the financials last year aren't pretty. No doubt some are waiting before buying or re-entering until after they are published however given how close they are.

Well we stayed at 13.7p for three weeks until the RNS last week. All value from that RNS has been erased now so I'd like to think we'll hold this level until news. But hope is a bad thing.

We surely must be due a business update for H1. I'll be disappointed if JW doesn't give us one on the results day. The last update we had was nearly 4 months ago.

They're called shorters, or traders seeking a cheaper re-entry. You'll have people posting charts again on the boards soon and we'll bounce back to 15p.

Good to hear, I think we will win our JR as well as the environmentalists' argument is poor. Interesting that the hearing was in March and we're only getting the result now, so it does show how long these things take and that earlier estimate of September for our result could be right. But it could also come tomorrow, or in a month. We just don't know!

Oh bog off with your conspiracy theories. We've been down here a few times before, if "MMs" wanted to stockpile shares they've had a year to do so.

I think there is a lot going on in the background that we don't know about but that's just optimism. Contracts will probably be like buses as they were last summer where a lot turn up close together, but I thought we would have had something by now.

I think we'll hit 2023 revenue target but only due to the deferred 2022 revenue. But until we see contracts I remain sceptical for next year. We've been hearing good things in interviews and PR for months but nothing RNS worthy other than the electric tugs recently but that's a longterm play. I'm more interested in how we get to profitability as that's what the market ultimately cares about.

si i generally think charts are bull**** because as soon as the share price breaks out of the trend a new line is drawn showing a different downtrend. until we go above the 2019 high we will always be in a downtrend depending on where you put the line.

that said, the current line the traders are using shows us towards the end of a wedge that looks like it may break out of. once it does, they will all pile in, price goes up, they sell and draw a new wedge.

however newsflow will dictate what happens over the coming months here. i don't want to predict what will happen on 2022 news day after watching bmn this morning. we know 2022 was bad and we know 1h 2023 was likely to be good, but traders who seek to influence lower entries will always pick out the 1% bad from an rns and talk about it 99% of the time. i don't look forward to the update but i'll be glad when it's out of the way.

then we'll have the finance, jr and new contract catalysts to come. still can't believe it's nearly july and we haven't had a single contract announcement worth mentioning this year. where is the 200m+ revenue for 2024 coming from? where are the multiple large contracts within the next couple of quarters jw mentioned in november? frustrated investor here.

Thanks for the explanation. Just trying to understand the why. I only have a small holding here so I don't follow it too closely. It looks undervalued but just keeps dropping.

It's just drifting back to 13.75p as I said it would last week. In the absence of IIs buying up shares, any news is traded by PIs.