Srt Marine Systems Share Discussion Threads

[srtshare2] 02/3/2017 08:18

Trading update normally 2nd week in April. Lots been going on this year. They have been 'busy'....i hope this 'busy ness'translates to money in the pot. TP going is not a good omen.

[alter ego] 02/3/2017 00:00

fft, post 4438, been preoccupied so only just seen your question. I also said something along the lines of strategically material. In this case I'm assuming an order from a new territory which establishes the possibility/likelihood of further business is material enough to warrant an rns. It's obviously up to the issuer to decide what to rns but in this case, even if the revenue is below what might be guaranteed to need rns'ing, I think they are saying we have an important new customer. I would add that the recent order from KSA in October is similar - not that big but important for what it might lead to. Just IMO since I can only assess on what I see.

[yump] 01/3/2017 19:23

fft
At least its not a 'partnership' RNS. I've seen a lot of those from companies that really are trying to puff it all up !

I don't know if there is an exact set of rules for RNS's when it comes to AIM companies. Perhaps they should have a star rating.

[hjb1] 01/3/2017 16:10

cos I must be as bloody loopy like the rest of you!

[yumyum] 01/3/2017 16:06

Yes, that is a strange thing, kin!

[kinbasket] 01/3/2017 16:05

Why would you want to be included ? I really have no idea why you hold any shares at all.

[yumyum] 01/3/2017 16:03

...or conversely share buybacks/dividends with profits.

[hjb1] 01/3/2017 15:52

if I remember correctly ST said that if there was to be another round of funding then us PI's would be included, let's see what happens!

[2vdm] 01/3/2017 14:49

TP many thanks for all the info and views and like all the other LTHs here's,quick, I'll miss your input. Fwiw, I think alter ego has summed the current position up accurately for us PIs. I know that in the past ST used to keep an eye on this thread and I might email him to ask if he still does so.

[yumyum] 01/3/2017 14:17

Confidentiality I think precludes much information coming out.

We will have trading update in 6 weeks or so I guess, as usual.

Possibly an excellent buying opportunity.

[fft] 01/3/2017 13:55

Alterego. You say only sizable contracts are RNS'd. So if the African contract last month is sizable the situation is worse than we think. What was the value of that again ?

[dolores123] 01/3/2017 13:22

Irrespective of opinions and comments on this board the share price has tanked in view of lack of an update from the company and nerves about a fund raising.

I believe its about time the company issued a press release on the state of progress.

[hjb1] 01/3/2017 13:05

well there's gratitude for you!..typical

[obiterdicta] 01/3/2017 12:59

The signal noise ratio is exceptionally good on this board. We know who the noisy one is. We also know who emits signals in the form of reasoned analysis. OD

[alter ego] 01/3/2017 12:43

I think it's perfectly obvious who I'm referring to. What matters is how that person responds.

[hjb1] 01/3/2017 12:33

hey Alter, who you talking about, surely can't be me?

[oldscallop] 01/3/2017 12:13

My thanks also to TP and other contributors to this generally well-conducted and balanced board. Like a number of small-company, technically based shares this one is taking an age to mature and there still seem to be some potential bear-traps along the way. In common with some other companies any interruption to newsflow (EG no ST webcast for a long time) increases the worry factor. I seem to have been holding SRT for years now and must confess to top-slicing at 50p when it was on the way up. Remembering that this time last year IQE was in similar doldrums I'm content to hold at least to the results.

[hjb1] 01/3/2017 12:10

anyone know why the webcasts suddenly stopped?

[yump] 01/3/2017 11:32

Actually, did anyone post around 60p that the share price was way ahead of events/results ?

Respect to them, if they did, but I suspect they don't use ADVFN and just sold quietly.

Worst part is you look at your potential tax bill and think: well I'm sure it won't drop back 50%+ like some shares did in 2000, so no point in risking the tax. Then you see it drop back 30%, then 40%. Oh dear, bad memories coming back - time to get out on the bike...

[hjb1] 01/3/2017 11:04

oh dear!, am I getting under some people's skin with a dose of reality??

[kalkanite] 01/3/2017 10:50

Nice post Homeboy, I think what you have said is probably in the back of all our minds and I agree that negative posts are as important as positive.

What is annoying is repetitive negative/positive posts that have no substance or value to them. On many boards we get the cheer leaders everytime the share price goes up and then the opposite. There is a certain poster on here continually repeating the same thing as if we have not thought through both sides of the story and thinks that he needs to keep telling us until we all say yes you are right we never thought about that! It's bloody annoying. I think however if you look back at the posts on here you will find a well balanced discussion thread interupted by a certain person shouting the exact same thing time after time, several times a day.

To think that we investors are just looking at this company through rose tinted glasses is a very low opinion. We need to be aware of both sides of the arguement and yes I do worry that the Indonesian deal will lead to nothing as it is a very large part of the reason for investing here. But the lack of updates on this, whilst a concern, does not neccessarily mean that the project has been abandoned.

There have been other positives....

Trinity House
SRT, the global provider of maritime tracking technologies, products and turn-key system solutions, is pleased to announce that it has received an order for AIS Coast Stations from Trinity House in the UK for deployment as part of the UK's growing AIS network monitoring and management capabilities......

Panama Canal
SRT, the global provider of maritime tracking technologies, products and turn-key system solutions, is pleased to announce that it has been awarded a contract to supply the Panama Canal with its GeoVS maritime display and data management VTS system......

Saudi Arabia
SRT, the AIM quoted provider of maritime domain awareness technologies, products and solutions, is pleased to announce that it has received an initial order and first payment for the supply of AIS vessel monitoring transceivers for deployment in Saudi Arabia. The order will be s‎hipped during the current financial year.

The order is part of a national initiative which is expected to see up to 70,000 locally registered boats continuously monitored to enhance maritime security, safety and management......

While these have been small they are a widening uptake of SRTs technology. If the Saudi Arabia announcement is the start of a 70,000 AIS order then this in itself will become a very large delivery.

All ifs and buts I know, but it would take a brave investor to short this company.