Srt Marine Systems Share Discussion Threads

[parsons4] 11/3/2017 08:45

That would be a crazy thing to do considering the recent history. I don't think Simon is that daft !!!

[hjb1] 11/3/2017 08:32

or they are hanging on until the last minute for something to drop to make the figures??

[parsons4] 11/3/2017 07:20

I would have thought that an RNS would have been out if trading was not going to be in line. Also with such a huge contract going through at present they can make sure that sufficient invoicing is done in this financial year. It looks to me like the price is just drifting into bargain territory !!!

[hjb1] 10/3/2017 20:23

unless you have inside info, it's just your opinion and not a "FACT" that trading will be more than "in line"?

[mr singh] 10/3/2017 19:20

Mr Srt. You are too kind?I was in at 20p and my exit was healty with 40% remaining, ive added due to the fact that trading will be more than in line with expectation.This is a healthy long term play and it is always wise to take profits when able too, given the current volitily of the AIM market.Good Luck old chap.

[goodapple] 10/3/2017 07:23

Interesting feature on AIS in The Times today. Investigation into security issues etc.Well worth a read.

[srtshare2] 10/3/2017 07:02

Mr Singh is very quiet though i dont blame him since he is the smartest trader here. Puts us all to shame.

[countryman5] 09/3/2017 15:37

Rolls Royce investing in ship intelligence

[philburt] 09/3/2017 15:12

TP - plenty of time for that yet.....
Tempted to buy a few more at this point. Before or after results announced is the tricky bit....

[the prophet] 09/3/2017 13:52

If only i could judge every twist and turn of a share price I would not be posting this but sunning myself somewhere very pleasant!

[srtshare2] 09/3/2017 13:26

Standing on sidelines would have made you 6% better off today

[srtshare2] 09/3/2017 06:48

Mr Singh. What prompted you to sell out at the recent highs?

[zoolook] 08/3/2017 23:27

Take off the rose tinted specs. How about the share option scheme that was signed off and almost immediately gifted 2m+ shares to the board at no personal cost at a 50p target when the price was already at that level back in august.

[alter ego] 08/3/2017 19:08

Sensible posts. I'm invested in many tens of companies although Srt is over 10%, and the majority only issue an rns for t/u, results or major event. Why nervous investors expect to have their hand held and the company to try to support the share price every time it declines is beyond me. It's not peculiar to SRT. I see it on many other share BB's.

The old adage, "if you can't stand the heat...." is appropriate. Make your own decisions and stop bleating if you think it's gone pear shaped. You can't expect sympathy, especially from those who don't agree with you.

Fwiw, I don't care if the share price falls because this years numbers are disappointing. I'm looking beyond the short term for the simple reason that this market has a lot of pent up demand and currently there's only one supplier of the solution. Until that changes, I'll stay invested and exercise patience. It was Jesse Livermore who said "it was never my thinking that made big money, it was my sitting". We live in an age where we expect everything to be instantaneous. It doesn't work like that here.

[the prophet] 08/3/2017 15:27

HomeboyIn essence I think you have got the basics correct, i.e. That individual projects won't get updated, once the initial RNS is released, together with an expected value, there is no need for further updates. I guess if the contract is going to materially change, for example more or less revenue, then there may be a need to update the market. I understand the reasons for that and I think that is a totally reasonable and sensible stance that SRT have taken.There are no forecasts in the market for 2017/2018 and I very much look forwards to seeing the new forecasts, presumably in the relatively near future.You talk about SRT updating or setting forecasts once a year, but there is nothing stopping them issuing guidance via their brokers as many times as they like in the year, either up or down. Sensibly this usually boils down to a few times during the year, like after material events or post full year or interim results.It is up to all of us to take a view on whether SRT represents 'good value' at this juncture or not. I understand the bear case, patchy delivery, uncertainty on timing of contract, m.cap looking strong for a company that delivered a little over £2.5m at the last interims. Balanced against that is an order book of £70m odd and a pipeline a multiple of that, high margins, lead company in sector, tightly controlled overheads.It's going to be interesting, to say the least, how this all plays out.Finally it is refreshing that someone makes a bear case without resorting to lowest common denominator and scare stuff tactics.

[homeboy] 08/3/2017 14:44

Oh, just to make it clear -

SRT could report figures of £10.8M this year and not need to inform the market, wont that be fun?

If they come in lower, it's entirely possible you still may not know until end of March earliest, because SRT may be hoping for something last minute that doesn't come in.

And, you wont be getting any insight into how projects are going, you will now be in the dark with your big contact revenue guessing games.

Or maybe it's just me that views it this way, but if Indonesia takes six years to complete because it is a complex installation and problems WILL occur, you wont know. Once a year SRT will attempt to give market guidance and then it's wait and see if they win, draw or lose. Ups the investment case risk here a bit don't it?

If I've got that wrong, apologies, but that's how it looks to me.

[homeboy] 08/3/2017 14:19

hjb1, re; your post 4493, which appears to be a copy of an email

If I read that correctly, investors will not be getting progress reports? Once a project starts the terms are announced via RNS, but you wont hear anymore about it.

Therefore it seems an investor wouldn't be able to find how Qatar is doing.

Seems to me that one has to wait until a results TU is released, and that wont give any detail except to publish figures under general categories.

So, for example, you wont know how Indonesia is progressing, you will be given an overall company headline figure and then a financial breakdown into - core/mandate, ports and projects.

You will no longer be given any detail on project progress, you will have to wait till every half and or year end to see if this year's the one and you strike it lucky.

This is because it's all top secret and SRT can't give any detail away.........or possibly, it's taking longer to make any progress and sales are slower and SRT now have a rather good excuse to keep you all guessing.

Meantime, remember this, you wont be getting any news (unless it's a new sales channel starting) until they bring out a post March TU. It doesn't look like at this stage of the year end that they will be 'upgrading' the market, and it could well run to end of March before they can be absolutely sure if they come in short and have to inform.

So in essence, there will be no announcement if they are within 10% of guidance, which equates to revenue anywhere between £10.8M to £13.2M

Feeling lucky?

[hjb1] 07/3/2017 22:44

didn't the Qatar mandate start in Sept 2015 with upto 5000 units expected, heard nothing since have we, or have I missed it?

[lazyj] 07/3/2017 19:22

The stand may appear modest but the Qatar Smart Programme sounds far from modest.
Thanks to ST for providing us with a peep inside The Peninsula. I wonder why.

"The Minister of Transport and Communications H E Jassim bin Saif Al Sulaiti said in his speech that the Ministry has identified more than 100 smart technological solutions within the framework of Tasmu programme.
In the transport sector, new technologies will be implemented to improve traffic patterns, road safety and the public transport network.

In the logistics industry, new technologies will be established to facilitate the traffic and commerce of goods, and highlight the importance of the New Doha Port as a key worldwide business destination."

[goodapple] 07/3/2017 18:38

New pics on website from Qatar, showing a (modest) show stand.

[yump] 07/3/2017 16:00

Moral question ? Should SRT investors be rewarded with the gains that are coming, when they have done none of the work ?

Er what ?

[2vdm] 06/3/2017 12:42

Thanks Countryman. Let's hope the end of March gives us positive news.

[smartmoney100] 04/3/2017 01:29

As a Somerset man myself it would be nice to be on the map!