"$320,600,000, to remain available until expended, shall be for the National Security Multi-Mission Vessel Program, including funds for construction, planning, administration, and design of school ships;"

Når blir budsjett vedtatt og kontrakt på det femte skipet tildelt mon tro.

mvh

Aker har solgt Ocean Yield idag. Det viser at plutselig kommer det bud som blir akseptert. Dette kan skje med Phly også, hvis noen investorer ser verdien av det amerikanske forsvarets nye satsing på bygging av egen flåte 💪

https://e24.no/boers-og-finans/i/Jx6zL8/bud-paa-72-milliarder-kroner-paa-kjell-inge-roekke-dominerte-ocean-yield

I tillegg til en NSMV ligger det inne forslag om
'One T-AGOS(X) surveillance ship' til neste års budsjett (kanskje som forventet).
https://courtney.house.gov/media-center/press-releases/courtney-statement-passage-bipartisan-defense-authorization-bill

Edit:
Forslag finansiering første T-AGOS(X): 434,384 mill USD.

mvh

Endring topp 20 aksjonærer fra 3.8.2021 til 17.9.2021. Topp 20 har totalt minket med 13.786 aksjer og de eier 86,13% av alle aksjene i selskapet. J.P. MORGAN SECURITIES LLC har 2 kontoer og de har flyttet en del aksjer mellom kontoene (ser det ut til)

GOLDMAN SACHS & CO. LLC solgt 10.473 aksjer
J.P. MORGAN SECURITIES LLC kjøpt 181.879 aksjer
J.P. MORGAN SECURITIES LLC solgt 185.409 aksjer
NORDNET LIVSFORSIKRING AS solgt 4104 aksjer
INTERACTIVE BROKERS LLC kjøpt 4950 aksjer
GRØNLAND STEINAR solgt 564 aksjer

Da fikk jeg fylt opp enda mer i Phly på kurser jeg ikke trodde var mulig, så enten bommer jeg stort eller så blir dette veldig lønnsomt. Dette begynner å bli blant mine større investeringer nå 😜

Har noen andre fylt opp mer?

«After completing repairs, Philly Shipyard redelivered the USNS Charlton back to Patriot Contract Services, LLC. and U.S. Navy's Military Sealift Command over the weekend. This will be the last repair job before the #NSMV I begins to take shape in Dry Dock 4! #ShipRepair #MROC»

https://www.facebook.com/102019508463283/posts/259803129351586/?d=n

Klippet fra XI chatten, med et lite utdrag fra artikkel i linken nederst

«Philly Shipyard is prepared to build vessels for the US offshore wind industry, but has to clear its existing backlog first.»

«Tremblay said capacity at US shipyards could be an issue, though. However, Grunwald disagreed, telling TradeWinds that there would be ample capacity at US shipyards to meet the demands of the industry.

But he added that Philly Shipyard would be unable to take any commercial newbuildings until 2026, after it was done constructing the four merchant marine training vessels it won contracts for following its move to mixed commercial-government work in 2019.

He said the yard aims to outperform the contract, meaning slots could open sooner and that the yard had been in contact with various owners.

--
Thomas Grunwald er commercial director at Philly Ship

https://www.tradewindsnews.com/shipyards/us-offshore-wind-will-need-ships-but-the-devils-in-the-detail/2-1-1067619 yard»

Endring topp 20 aksjonærlisten fra 18.9.2021 til 13.10.2021. Topp 20 økt med 38.472 aksjer og har totalt 86,43% av selskapet

J.P. MORGAN SECURITIES LLC slått sammen de 2 like kontoene, totalt samme antall aksjer
NORDNET LIVSFORSIKRING AS økt med 2957 aksjer
INTERACTIVE BROKERS LLC økt med 1179 aksjer
BERG SIVERT økt med 7200 aksjer
NÆVDAL TOR-FREDRIK ny på topp 20 med 26.460 aksjer

«Denne verftsaksjen kan gå til himmels, om historien gjentar seg»

https://e24.no/boers-og-finans/i/1OWwKB/denne-verftsaksjen-kan-gaa-til-himmels-om-historien-gjentar-seg

Med den informasjonen vi besitter i dag så vil den gjøre det..
Dagens kurs blir utbetalt i utbytte innen 2 år er mitt tips..

Kan lure på hva investorer tenker på som selger seg ut på dagens nivå, når selskapet har kr 12 milliarder i kontrakter med det amerikanske militæret og får mest sannsynligvis ca kr 3 milliarder til de nærmeste månedene 😜 Phly har kr 0 i gjeld, priset litt over cashbeholdningen og Aker som stor eier. Og hva skjer med kursen hvis det kommer en kontrakt med bygging til grønt markedet i USA med en utvidelse av verftet? 🤩

Dette er skipene Phly bygger for det amerikanske forsvaret. Phly har allerede fått kontrakt på å bygge de første 4 av 5 skipene. Det 5te skipet venter vi at Phly får kontrakt på i desember 2021. Da vil Phly ha kontrakter på ca kr 15 milliarder de neste årene 💪

«The NSMV has several benefits that prime the vessel for training the next generation of merchant mariners. #NSMV #Maritime»

«Promote United States' ability to construct world-class National Security Multi-Mission Vessels to be delivered on time, as designed, and at a fixed price for advancing the education of future merchant marine officers"

bit.ly/2QioV6c

https://twitter.com/dotmarad/status/1455587014485712902?s=21

De beregner å være 1200 ansatte til sommeren, husker jeg ikke helt feil er de ca 400 nå...
Og som en del av kontrakten betales ikke utbytte før de har levert skip nr 3.

De virker å være 700 nå, ref etter ca 1t 32 min i denne https://www.youtube.com/watch?v=pw3-2QbC2B4

Sikkert riktig, jeg satt vel på gammel info..
Skal de nå 1200 i sommer stemmer det vel bra med ca 700 nå...

Ser de skriver på XI chat at Phly skal ha 2000 ansatte etter hvert og de spekulerer i betydning av det opp mot utvidelse av verftet. Har dere lest noe om 2000 ansatte etter hvert?

Order backlog of USD 1,093.7 million on 30 September 2021 with last delivery in 2024

Total cash and cash equivalents of USD 296.6 million at 30 September 2021, excluding USD 44.5 million of restricted cash

Third quarter and first nine months 2021 operating revenues of USD 70.3 million and USD 123.8 million, respectively, compared to USD 13.9 million and USD 46.5 million in the same periods in 2020
Third quarter and first nine months 2021 net loss of USD 1.0 million and USD 10.5 million, respectively, compared to net loss of USD 6.0 million and net income of USD 2.3 million in the same periods in 2020

At 30 September 2021 and 30 September 2020, Philly Shipyard had no external debt.

Aker Capital AS, a wholly-owned subsidiary of Aker ASA, is the majority shareholder of PHLY, owning 57.6% of its total outstanding shares as of 30 September 2021

All major equipment purchases have been made and all steel has been received for NSMV 1. Philly Shipyard targets keel laying of NSMV 1 and full production start of NSMV 2 in late 2021. Pre-production activities on NSMVs 3 and 4 are ongoing

As of 30 September 2021, Philly Shipyard’s workforce consisted of 686 people. As production on the NSMV program ramps up, Philly Shipyard will continue to increase its workforce.

Total assets were USD 480.9 million at 30 September 2021 compared to USD 237.7 million at 31 December 2020, with the increase resulting mainly from an increase in cash and cash equivalents (unrestricted) of USD 199.2 million, USD 23.2 million of prepayments to suppliers for the NSMV program, and USD 18.1 million of cash deposited in an escrow account as collateral for the bonds required by the NSMV program and a reserve fund for NSMVs 1-2.

Cash and cash equivalents (unrestricted) were USD 296.6 million at 30 September 2021 compared to USD 97.4 million at 31 December 2020. The increase of USD 199.2 million was due primarily to an increase in customer advances, net on the first four NSMV vessels (Hulls 033-036) of USD 221.2 million and an increase in trade payables, accrued payables and provisions of USD 32.1 million, partially offset by USD 41.3 million in prepayments and escrow deposits described above.

Total restricted cash as of 30 September 2021 amounted to USD 44.5 million, of which USD 43.1 million (long term) represents the total cash deposited in the escrow account and reserve fund described above and USD 1.4 million (short-term) pertains to a holdback in escrow for claims related to the second Matson vessel (Hull 030). It is anticipated that the cash collateral for the bonds required by the NSMV program will be released in tranches following the delivery of each NSMV vessel and the funds deposited into the reserve fund for NSMVs 1-2 will be released upon delivery of each NSMV vessel, respectively. The timing of the release of the Hull 030 holdback is uncertain and continues to be delayed due to the impacts of the COVID-19 pandemic, including quarantine and travel restrictions, on closing-out the underlying claims.

Total equity decreased to USD 82.3 million at 30 September 2021 from USD 92.8 million at 31 December 2020 due to net loss of USD 10.5 million.
Philly Shipyard has four NSMVs in its order book with a total contract value in excess of USD 1.2 billion and a final delivery in 2024. TOTE Services retains an option for the fifth NSMV. If all five NSMVs are ordered, then the total contract value would exceed USD 1.5 billion and the final delivery would extend into 2025.
The Senate Appropriations Committee’s funding bill for Transportation, Housing & Urban Development (THUD) for fiscal year 2022 includes full funding for the fifth NSMV. This is another positive step in the budget process, but the final passage and timing of these appropriations remain uncertain.

In the government sector, Philly Shipyard remains focused on opportunities for commercial-like and auxiliary ships. In the commercial sector, Philly Shipyard is exploring a variety of opportunities for Jones Act ships. In particular, Philly Shipyard continues to see increased interest from owners in building various types of vessels to support the expanding offshore wind industry on the U.S. East Coast.

Philly Shipyard expects it will continue to incur operating losses in 2021 due to the shipyard operating at less than full capacity during the ramp-up of production for the NSMV program. The USNS Charlton R&M project reduced under-recovered overhead costs during 2021. It is expected that operations at Philly Shipyard will reach full capacity in mid-2022.

As of 30 September 2021, the Company also has USD 56.9 million as prepayments to suppliers for materials and equipment for the construction of Hulls 033-036, included in prepayments and other receivables on the statement of financial position.
the first two vessels scheduled for delivery in 2023 and the last two vessels scheduled for delivery in 2024

As of 30 September 2021, the NSMV projects for Hulls 033-034 and Hulls 035-036 are 19.8% and 0.8% complete, respectively.
Customer advances, net as of 30 September 2021 and 31 December 2020 totaled USD 352.1 million and USD 130.9 million, respectively. Customer advances, net represents the difference between cash advances received from the customer (TOTE Services) and revenue recognized for the NSMV shipbuilding projects (Hulls 033-036).

As of 30 September 2021, Philly Shipyard has USD 423.6 million in non-cancellable purchase commitments for materials, equipment and design fees for the construction of Hulls 033-036.

Philly Shipyard Wins Contract to Build Specialized Vessel for U.S. Offshore Wind Market

Vessel is the shipyard’s first contract in the U.S. offshore wind market

PHILADELPHIA (November 15, 2021) – Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA (OSE: PHLY), today announced it has won a contract from Great Lakes Dredge & Dock Company, LLC, the nation’s leading dredging company, to construct one Jones Act-compliant Subsea Rock Installation Vessel – the first such ship to enter the U.S. market. Great Lakes retains a right of first refusal on a second ship.

The initial award is valued at approximately USD 197 million. If both ships are ordered, then the total contract value of the 2-ship program would be approximately USD 382 million.

The contract win solidifies and diversifies Philly Shipyard’s current order backlog – four National Security Multi-Mission Vessels (NSMV) for Tote Services LLC, which retains its option for a fifth NSMV.

“Over the past several years, we have made a conscious effort to pivot toward a more diversified order backlog in an attempt to grow the Company’s profitability,” said Steinar Nerbovik, President and CEO, Philly Shipyard.

“Philly Shipyard has a long-standing position as the leading U.S. commercial shipyard for tankers and container ships, and we are making inroads into government projects – both new builds and repairs. This win now carves a path into the expanding offshore wind market. This contract is proof that we are executing on our vision and diversifying our market opportunities.”

The basic design is by Ulstein, a leading Norwegian/Dutch designer of offshore wind vessels. The Subsea Rock Installation Vessel is designed to carry up to 20,000 MT of rock and shall transport and strategically deposit these rocks to the ocean bottom, laying a foundation for the monopiles which serve as the prevailing support structure for offshore wind turbines. The ship will have an overall length of 140.5 meters (461 feet), a breadth of 34.1 meters (112 feet), and crew accommodations for 45 people.

The owner will supply the rock placement system and other mission equipment. Delivery for the first vessel is expected in Q4 2024 with the second (if awarded) being delivered in Q4 2025.

“Philly Shipyard is proud to contribute to the delivery of a vessel which will be essential in achieving the nation’s ambitious offshore wind targets. It is monumental for our shipyard to win this contract for Great Lakes,” said Thomas Grunwald, Vice President and lead manager of U.S. offshore wind strategy and business development at Philly Shipyard.

https://newsweb.oslobors.no/message/546924

Begynner å lukte fugl av phly nå, ikke kursmessig men utbytte messing...

Ser vel ikke utbytter før tidligst i 2024?

Etter skip 3 er levert er det vel...
Men da ser det jo ut som det er noe som kan vedvare....

Helt greit å få inn kontrakter på kr 3-6 milliarder før jul, i tillegg til de kr 12 milliarder vi allerede har i kontrakter 😅 Få uker til neste kontrakt blir lansert…

Aksjen har brutt opp igjennom motstanden på kr 60 og utløst et sterkt kjøpssignal opp til kr 70. Kr 60 fungerer nå som støtte ved reaksjoner tilbake. RSI ligger over 50, som signaliserer økt stigningstakt i aksjen

Støtten på 20 dagers glidende gjennomsnitt ligger på kr 55,28 og støtten på 50 dagers glidende gjennomsnitt er på kr 56,05.
Aksjen ligger i kjøp på de langsiktige glid snitt. Støtten på 100 dagers glidende gjennomsnitt er på kr 56,80 og 200 dagers glidende gjennomsnitt er på kr 60,61.

Og skip 3 skal leveres når..? ;)

Husker jeg ikke feil så er det levering Q3 2023...
Men tror neppe denne kommer til 150 kr før de annonserer utbytte...