Srt Marine Systems Share Discussion Threads

[yump] 03/3/2017 08:49

I sold all mine at 55p and now back in. Or not.

[k3ndo] 03/3/2017 08:47

Glad to be back in this morning after selling out in the 40 pence.

[parsons4] 03/3/2017 08:33

hjb thanks for that. I have not been on here for a while I think the share price drop is due to the lack of news. Also there are many other interesting stories about at the moment. Like me I think some people take some money off the table to invest in other situations. Anyway all seems well, I might increase once again !!!!! GLA

[crystball] 03/3/2017 08:12

That's reassuring hjb1. Thanks for posting that here.

[sivadnoj] 03/3/2017 07:38

Thanks for sharing the ST post. I must say it seems wholly inconsistent with updating the market as project deliverables are completed as referred to in the half year RNS.

[smartmoney100] 03/3/2017 00:54

hjb1 many thanks. I knew in my heart of hearts that if I followed this board for long enough you'd make a useful contribution. Not that I do anyway.

[the prophet] 03/3/2017 00:33

Good post hjb, thanks.

[trident5] 02/3/2017 23:53

Thanks for that NYBoy - very insightful.

[ny boy] 02/3/2017 23:44

I see chart support @ 38p was broken, which technically is not good, at the very least the share price needs to climb back above this support level

[countryman5] 02/3/2017 23:15

Hjb1
Thanks for your positive relay

[hjb1] 02/3/2017 17:20

"In fact, does anyone know of any company that has ever issued RNS's as major projects have progressed"

yes I do, this one! remember the Mexico debacle, we had an rns telling us the first 19k or so identifiers of a 120k order were being shipped. ooops!

[yump] 02/3/2017 17:12

"The individual projects will not be broken down in any TU or results, instead we will get categories such as core, AtoN, projects etc"

In fact, does anyone know of any company that has ever issued RNS's as major projects have progressed ?

I don't mean the hot-air companies that bang on about their amazing product development, when there isn't any revenue from it. I mean a housebuilder who gives RNS's about a large development after the initial RNS.

In fact, take IQE. They have a massive order with Skyworks each year. You don't get RNS's for every million widgets sent off to customers, just because its a lot of money.

[kinbasket] 02/3/2017 16:44

Exactly, volume is still thin and the share price moves on a few trades. Almost 20% of todays trade was me using the liquidity to shift some into ISAs. I've been trying to do it for months but there just hasn't been the volume and the spread was too wide.

[yumyum] 02/3/2017 16:35

ceo cannot every week give some handholding exercise over some share price fall or rise in a very thin market.

where were the complaints on the way up?

[hjb1] 02/3/2017 15:54

exactly right Dolores! if everything is hunky dory then they should have put out an update stating the fact that they were trading in line or similar instead of letting the share price tank..very very poor imo!

[dolores123] 02/3/2017 15:40

In view of the persistently falling share price from last year's high of circa 58p I think the company could at least give a general TU by now eg we are trading in line with expectations for the year end or something similar - which a lot of companies do. But to just ignore the falling share price is not very shareholder friendly especially given previous year's missed targets. For that reason I recently reduced my holding and will only reinvest when some clarity appears.

[sivadnoj] 02/3/2017 15:36

Thanks for posting that. If I've understood correctly, what ST is saying is that we should assume the forecast will be met (because they have signed contracts which exceed this value) unless we hear otherwise.

[yumyum] 02/3/2017 15:34

Don't go TP !! We need you. Good luck with the move and wishing you well in looking after the aged.

I bought some more today. at 33.555p