Srt Marine Systems Share Discussion Threads

[hjb1] 14/3/2017 17:56

yump, so keep it shut then, there's a good boy!

[goodapple] 14/3/2017 17:54

Where are you LaValmy?Would appreciate your take on this.

[dolores123] 14/3/2017 17:33

As I said its likely they are waiting for another lump sum from the indo contract. The anniversary was 9th March so if they have completed the first stage satisfactory then perhaps a stage two lump sum is just around the corner but we dont know.

We dont know the likely amount or the likely timing.

[yump] 14/3/2017 17:31

zzzzzzzzzzzzzzz

So its either a disaster or a miracle or its a case of keeping your gob shut unless you've got something useful to say.

Whatever.

[hjb1] 14/3/2017 17:12

so if they are on target why just sit and watch the share price tank?

[the prophet] 14/3/2017 16:53

I don't know hjb, I take your point that if this year's forecast was 'in the bag', then a TU to that effect would seem a good move.But whether it needs a 'miracle' to deliver 10% of an order over a year, I'm not so sure.
Or as ee more or less said, we ain't got a clue!

[hjb1] 14/3/2017 16:41

"the Indo contract will deliver £7 or £8 million before 31st March". as I said a "miracle" otherwise we would know by now.

[the prophet] 14/3/2017 16:39

I think the lack of news on other projects is not helping as well. They were expecting to release news on a couple of big projects this half, but sounds like the usual slippage or into next f/y type thing has occurred, tho' still a few weeks to go, so you never know.

[fft] 14/3/2017 16:32

SAT has said he can't comment on progress of the project so he couldn't give any visibility as to expectations for next year. Unless he is not going to be consistent !

[eagle eye] 14/3/2017 16:25

The honest answer is nobody knows.
The current share price 31-33p reflects a profit warning is possible, but who knows where bottom is.
A sell off from here could be a good buy opportunity, but how many times have we said that before. The next FY should be strong on the basis of the forward order book.
Maybe the trading update will be lousy for the current year but with good visibility of say £20m next year. That would certainly soften the blow.
Anyone who has been here long enough should know the score.

[hjb1] 14/3/2017 15:49

if it's anything near a 10% miss then many here will be happy,I fear it could be 30/40% or more!

[the prophet] 14/3/2017 15:28

who knows?....

[srtshare2] 14/3/2017 15:22

Certainly looks possible.

[the prophet] 14/3/2017 15:20

if it's >+10% against forecast I don't think anyone is going to hold an over-forecast performance against him!

[srtshare2] 14/3/2017 15:16

If result is greater -/+ 10% then i think ST will lose all credibility. As a CEO he knows the exact financial position now at least up to march 1st, the last month can be a forecast.looks like -ve 10% is more likely.good luck

[the prophet] 14/3/2017 15:14

Not sure it needs a 'miracle' as SRT have a £70m order book and this years results depends on how much of that they have been able to convert into invoicable sales.
The news black out from SRT sure ain't helping matters, but there again if you've nothing to say,they would get hammered for coming out with something fluffy.

[hjb1] 14/3/2017 14:45

well, looks like people have given up on the prospect of a "miracle" happening in the next 2/3 weeks.If trading was in line we would know by now and am expecting the next rns to be awful..imo!
Hope I am wrong though!

[joesoap3] 11/3/2017 13:32

srt2 I think that at the time a lot of people thought 60p was too high and unsustainable without further good news. I sold part at 50p.

Now it's a guessing game for EVERYONE as to whether this is going down because of lack of news or because there is some other underlying reason. I suspect and hope that it is the former as the volume has been fairly light really

I am tempted to buy more but am just watching and waiting at the moment to see how far it falls.

I still think that long term, it will be a good investment

[srtshare2] 11/3/2017 09:30

ST is an excellent poker player. Can't read his hand. Even though he is saying it will be +/_10% he could still pull a rabbit out of the hat at the last minute and say he only just got the info. I feel maybe a tad under this year but within the 2nd week of April all will be revealed.Still admire Mr Singh for selling at 60p and buying back at 30's on no apparent reason. Must have a good brand of crystal balls.

[hjb1] 11/3/2017 09:09

is it not crazy to just sit there knowing that they will hit forecast and let the share price drop from 40+p.Knowing the recent sentiment if they are on track he should have put an RNS out to say they are trading in line, but I reckon they are miles off forecast and they are waiting until the last minute for something to drop.Same old same old imo, we will soon find out.
I hope I am wrong but been here before and remember a few years back when Tucker actually put out an RNS in Jan/Feb to say all was well and trading in line, then backtrack a few weeks later to say they will miss by a bloody country mile.

[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.