Srt Marine Systems Share Discussion Threads

[lavalmy] 20/12/2016 07:06

Not quite the sort of RNS I was waiting for.

Probably a spat about forecasts and enthusiasm.

[2vdm] 17/12/2016 23:04

Such cynicism a week before Christmas! The infant Trump will change all that.There will be (if not already on course there)so many boats in the China Sea without AIS but carrying gold, myrrh and unfortunately all sorts of other gifts if he keeps up his comments about Taiwan.

Indian business has always been a closed book. I assume that SRT has decent local distributor(s) that understand the way the market/culture works. It's not just about the kit, that is world class. Look at some of the kit our own services have had to put up with over the last 40 years at least, when there were far better (and often cheaper options) available and the end users all knew/had to put up with it. That's not just bureaucracy! However,even a relatively small chunk of the business there would have a large impact on SRT's bottom line.

What else is out there with Mexico, S. America, the Philippines, Saudi, Oman and the ME generally? No idea where we are with the US and EU mandates. Slow burners? Not even going to consider Russia and China. Is there anything going on in European waters (offshore)? AS ever thoughts welcomed.

[hjb1] 17/12/2016 17:17

still better than being in with and dictated by Merkel ,Juncker.Tusk..anyday!!

[hjb1] 17/12/2016 16:34

it also shows that it ain't gonna happen in India for years, if ever? Just like USA and many others peeps just kick the can further down the road, too much red tape everywhere you look, very worrying for me!

[lavalmy] 17/12/2016 15:12

LazyJ

Your second link is very interesting. It also shows the confusion reigning between satellite tracking and transponder tracking in the minds of some of the bureaucrats.

[lazyj] 17/12/2016 11:40

I do hope that we're not at the back of the queue!!

45 Bills pending in Rajya Sabha, some introduced 30 years ago ...
www.thehindubusinessline.com/news/.../45-bills-pending-in.../article8728489.ece

edit +

[the prophet] 17/12/2016 10:57

oh well, no big surprise there re India. Plenty more fish in the sea, they will get there eventually.

[lavalmy] 17/12/2016 10:43

Nothing doing, TP.

The Indian winter parliament session has ended without the bill being passed. In fact, nothing much did get done, as they were squabbling about other issues. So no dice yet.

[the prophet] 16/12/2016 17:35

good end to the day and a nice 170K buy, LaV found some spare change?!

[2vdm] 16/12/2016 11:11

There currently seems to be resistance at the 40p level. Let's hope that will hold until we get more news.

[eagle eye] 16/12/2016 09:30

The trouble with the word 'will' is that you normally have to die for it to kick in.
Hopefully it doesn't apply here LOL.

[hjb1] 15/12/2016 23:22

take your pick! We all know plenty of others over the years.

[goodapple] 15/12/2016 23:00

hjb1 - riding on which word is that....?
"will"
"Christmas"
"jam"
.........."humbug" ??

[supernumerary] 15/12/2016 21:42

On the other hand, Peter Cook's post-Christmas reflection:

Don't take much interest in Christmas. Used to be great fun in the old days when it was simply an orgy of commercial excess, but now I find that people are tainting the whole thing with a lot of religious mumbo jumbo. Thank the Lord it's over for another year.

[yump] 15/12/2016 21:34

TP
I'll second that. One of the staff in our Tesco Express said the music was driving him nuts and spoiling Christmas.

I guess its the same if you don't like 'Strictly' and have to watch BBC Breakfast, where it seems to feature as much as Syria. WTF !

[the prophet] 15/12/2016 20:54

There is, but the word was not used lightly.

[hjb1] 15/12/2016 20:33

Blimey! a lot riding on that one word...

[the prophet] 15/12/2016 09:06

goodapple
-wish you would tell that to my local Tescos, trying to do a bit of shopping with 'Merry Xmas everyone' blasting out and cashiers in 'funny elves hats', I can't take any more! Bah, humbug! Roll on the New Year....

[goodapple] 15/12/2016 09:04

It's not Christmas yet.

(said the quiet optimist)

[the prophet] 15/12/2016 09:03

would agree with ee, the TU is clear enough. When ee says 'year end', that means financial year end, ie end of March.
If there is any change to the 'significant project deliverables in the second half' then, imo, SRT would be bound to release that as news
I also agree that the chances of an early Xmas present are looking slim, but there are still 6 trading days to go before then, so one never knows.
But, if not, then news in the New Year.

[eagle eye] 15/12/2016 08:53

hjb1, You have been around here long enough to know the answer to that one. In the 6th October trading update the company said:

'During the period there was material progress with several projects which will result in the completion of significant project deliverables in the second half'.

I think the word 'will' is key here. The nomad would get into serious trouble allowing that word unless there was certainty.

It would definitely be embarrassing if we get to year-end without an announcement.

Edit: Thanks TP. Financial year end March, not year end Dec.

[hjb1] 15/12/2016 08:21

it's getting embarrassing now!! There is every chance we will hear as much in the next 3 months than we did in the last 3, zippo! then what?

[fft] 15/12/2016 03:00

I think it is fair to say that looking back 4 or 5 months we were expecting news of either a new major contract or deliverables. I am not sure what will appear in H2 now. The jam may get pushed to the back of the cupboard.

[yumyum] 14/12/2016 16:52

Fair enough LaVal. I was expecting a decent contract win by Xmas. Now I have absolutely no idea about anything !