Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Marine Services LSE:GMS London Ordinary Share GB00BJVWTM27 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.30p -5.00% 43.70p 45.30p 45.50p 46.30p 45.00p 45.30p 2,105,085 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 112.9 -18.3 -5.3 - 152.74

Gulf Marine Share Discussion Threads

Showing 1126 to 1149 of 1150 messages
Chat Pages: 46  45  44  43  42  41  40  39  38  37  36  35  Older
DateSubjectAuthorDiscuss
19/9/2018
17:18
Tried to breakout last week didn't it. Price held down for top ups to key movers.
richtea2517
19/9/2018
15:08
Well that is indeed a very positive announcement. It should certainly underpin the price and move it back up to 50p+.
mick
19/9/2018
14:50
Indeed robow, it's been a while. Am still well underwater on these so let's hope GMS can keep the news flow on orders coming.
andy2205
19/9/2018
14:14
good news at last
robow
19/9/2018
13:53
The length of the contracts (5 years) suggests GMS happy with the pricing for such a long term commitment. De-risks the position here quite a bit.
trident5
19/9/2018
13:46
Back in, obviously. Clearly the news had leaked, so the 13:23 release must have been a bit hurried. I expect there will be some that will not even see it today. I still expect only a slow burn higher though, but no downside bar exceptional events. Positive timbre r.e. the market reiterated.
hpcg
08/9/2018
18:30
Offshore activity showing further signs of rebound. A recent report from IHS Markit projects that global demand for mobile offshore drilling rigs will increase by 13% through 2020 as the oil industry steps up offshore exploration. IHS says there will be demand for an average of 521 rigs in 2020 up from 453 this year. Transocean announced the move to take over Ocean Rig, a rival offshore drilling contractor, for $2.7 billion. The deal will give Transocean twice as many deepwater rigs and drillships as its nearest competitor. The acquisition is also a sign of the faith that Transocean has in the growth of the offshore drilling sector, which has lagged onshore shale. "Adding Ocean Rig's premium assets to our industry-leading fleet, better positions us to capitalize on what, we believe, is an imminent recovery in the ultra-deepwater market," Transocean President and Chief Executive Jeremy Thigpen said.
mount teide
08/9/2018
11:58
Update was received well and with a bit of more decent contract awards news we can expect a steady rise in the share price
seangwhite
05/9/2018
09:43
Hi Trident, didn't intend to come across as pejorative so apologies to hpcg. Just trying to balance his views and have a robust discussion about the merits of GMS as an investment. All views welcome.
lomcovaks
05/9/2018
00:06
Listening to the analyst q&a, did I hear the CFO correctly talking about a 10% reduction in net debt by year end - that would from $409m at half year to $370m in Dec 18. That would be reasonable progress and might explain why the price recovered after the analyst briefing (available on company's website).
mick
04/9/2018
23:46
In the call, they are confident enough to discuss m and a opportunities. They were not at all concerned about any breach but said that if it did happen they were confident that they would get waiver.
pejaten
04/9/2018
23:19
I'd love to have to the power to move markets with my words but except for a handful of private investor ramps and micro caps what is written on bulletin boards is simply irrelevant. For me I don't see the point in rushing back in. The possibility they might need a waiver is not the waiver itself, its the indication that the business is only slowly rebounding. Nor is it clear that rates for offshore wind will change. The first US project kicks of next year, so possibly sending a platform over to Massachusetts would kill two birds with one stone, tightening supply in the North Sea as well, but it looks like the build rate will be very slow so probably not worth it. I completely agree with their policy of not locking in recession level rates over the medium term but as they say that leads to near term uncertainty. I can see the share price slowly drifting higher, but not the type of powerful cyclical rebound that makes for exciting gains.
hpcg
04/9/2018
23:08
Hpcg just said there was nothing today to tempt him to rush back ion - seems entirely reasonable given today's poor results, low value backlog, and a question mark about the lending covenant about to crystallise. As for the "directors are confident" statement - they're not exactly going to say anything different.
trident5
04/9/2018
19:14
hpcg - Talking your own book there. You must be annoyed your put isn't working out it seems? It also says this in the statement 'the Directors are confident that either a sufficient value of contracts will be awarded or that the Group will be able to obtain a waiver from covenant testing and accordingly have adopted the going concern basis of accounting in preparing the condensed consolidated financial statements.' Incidentally, it's breach not breech. That's also in the statement. Pay closer attention at the back there!
lomcovaks
04/9/2018
10:15
The issue specifically carries on in to H2 if contracts are not signed - that's what is says in the statement!
hpcg
04/9/2018
10:08
The issue happened in H1 and does not continue in H2. The Bad news is over now... I think
338
04/9/2018
09:47
Warning on the possibility of a covenant breech, albeit in the mildest terms. I don't see any obvious reason to rush back in here.
hpcg
04/9/2018
07:34
GMS is back to profit in H2 2018
338
31/8/2018
17:06
Interims due next Tuesday I think.
mick
31/8/2018
16:18
Seems to be slowly breaking out of the recent tight trading range.
trident5
21/8/2018
11:54
Since this stock is yet to see any sensible upside then I dont think your likely to see significant selling based on seasonal demand variations.Patience here will be rewarded and if anything the price could advance anytime here imo.
my retirement fund
21/8/2018
11:30
WG. also reported good activity in its first half results today. I am bullish the sector over the medium term but I think near term oil weakness, despite Iran sanctions, will hurt sentiment. I'd like to see Brent bottom; it may have done when it reached down to 70 but I'm not yet convinced.
hpcg
21/8/2018
11:13
Rystad turns bullish on Oil Field Services predicting a return to the 2014 boom years over a 5 year outlook. Clarksons and Braemar - both heavily weighted to the sector also recently reported an uplift in activity across the industry after many years of deep recession. Global Oilfield Service Sector to Hit Pre-Downturn Market Levels by 2024 hTTps://www.rigzone.com/news/global_oilfield_service_sector_to_hit_predownturn_market_levels_by_2024-17-aug-2018-156658-article/ Rystad Energy announced Friday that it expects the global oilfield service sector to be back at pre-downturn market levels by 2024. The independent energy research and business intelligence company said shale will make up 23 percent of the total service market in 2024, compared to 19 percent in 2014. “Offshore is losing market share due to the sanctioning draught in 2015-2017, which is keeping greenfield spending at lower levels going forward,” Rystad said in a statement published on its website. “In terms of service markets, well services and commodities, subsea and MMO will surpass 2014 levels in 2024, but drilling contractors and EPCI will not due to continued pressure on service prices, downsizing and efficiency gains in the value chain,” the statement added. Earlier this year, a report from BMI Research outlined that oilfield services companies around the globe would face stronger demand for their services this year. “As some of the industry's most vulnerable companies to the fall in crude prices, rising commodity prices and strengthening demand for onshore services is reviving this sector after a three-year contraction,” BMI analysts said in a statement sent to Rigzone back in February. “Having retired or pulled back from a number of segments since 2014, we expect OFS [oilfield services] firms will redeploy assets into the field this year as investment activity begins to recover,” the analysts added. In the report, BMI highlighted that a rise in crude prices had boosted revenues at the top global OFS companies. “At Schlumberger and Halliburton, Q4 17 revenue rose by 15.1 percent year-on-year, 47.7 percent year-on-year, respectively,” the analysts stated. Last month, Rystad revealed that oil majors are “on pace” to approve over $37 billion in projects during the calendar year. The company said over 30 percent ($12 billion) of these had already been approved during the second quarter. BP plc, Eni S.p.A, Royal Dutch Shell plc, Total S.A, ExxonMobil Corporation and Chevron Corporation approved over $77 billion worth of greenfield projects from 2015 to the first quarter of 2018, Rystad revealed back in July.
mount teide
20/8/2018
10:46
Approaching the worst season for oil; Cushing stocks will start to rebuild. I'd rather risk missing upside than downside. There is plenty of time to buy back in if a recovery has set in. Right now I think it is safer to wait for the interims on 4 Sept.
hpcg
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