Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Marine Services Plc 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
  0.015 0.47% 3.215 2.70 3.73 3.50 2.70 3.49 853,756 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 123.3 -2.4 -1.8 - 11

Gulf Marine Services Share Discussion Threads

Showing 1451 to 1475 of 1475 messages
Chat Pages: 59  58  57  56  55  54  53  52  51  50  49  48  Older
DateSubjectAuthorDiscuss
24/3/2020
13:38
covenants need to be extended by end of march?
technowiz
19/3/2020
14:20
What's going on here today? Dead cat bounce?
paraguay
17/3/2020
10:53
No posts in 2 months
sbb1x
16/1/2020
08:20
Sold my babies with regrets, and an 11% profit. I still think it will reach 9p, but as the internet is not fast enough (in Cambodia) I am having trouble with hxxps://secure.ii.co.uk/webbroker2/ I am scared that when it starts going down I won't be able to sell.
alamaison5
03/1/2020
08:29
Desperate need to get two of their four large vessels contracted. They're now docked in Rotterdam and have been sat around a long time now, I thought the N Sea was full of de-commissioning work.
trident5
03/1/2020
07:57
GMS. Potential multi bagger in oil services... Tim Summers, Executive Chairman, commented: "Momentum is building. These are important contract awards for GMS, continuing to add to our order book for 2020. Secured day-rates for these contracts are firm and are consistent with existing contracts in the region."
wigwammer
19/12/2019
10:52
Sounds about right, baddeal. Looking at the figures, they clearly need to focus on reducing the debt. But at the same time there is a credible, cash generative and asset backed business that appears to be energetically recovering :)
wigwammer
19/12/2019
10:14
It's all about the debt restructuring. I'm a holder and if we don't get shafted then agreed it's a leverage play which if they get more vessels out will drive returns. If they don't or debt providers want to take control we'll lose the lot. It's a gamble equity play
baddeal
19/12/2019
09:30
"Guidance for 2020 performance will be issued in the first quarter of next year." ie we are going to be a going concern in the first quarter of next year.
wigwammer
19/12/2019
09:23
This sounds like a pitch that says, extend our terms and give us a chance, and new management can sort this situation out. "The last twelve months have been a challenging period for GMS. However, comprehensive changes to the Board and the Senior Management have delivered a significant change in our corporate culture, with a focus on financial and commercial success. Our contract wins through the autumn show GMS is rebuilding confidence in our ability to deliver in a competitive environment, and we face 2020 from a much stronger position than 12 months ago."
wigwammer
19/12/2019
09:16
Ebitda $49m. This should rise significantly in 2020 as operational gearing kicks in and the cost rationalisations feed into a full year. Interest charges of $32m are pretty well covered even on the 2019 base. It is quite possible repayment terms are extended, a small increase in the rate charged occurs, the libor rate evengy falls improving the cost of that part of the debt, and holders take little haircut at all.
wigwammer
19/12/2019
09:07
It trades at sub 0.1x tangible book. At what valuation does it become an attractive risk/return?
wigwammer
19/12/2019
08:25
It will certainly carry on, question is who will end up owning the company and how worthless will the equity be and what sort of haircut will bond holders take
my retirement fund
19/12/2019
07:20
With rising oil prices, huge operational leverage and a rock bottom valuation - GMS will be a star performer in 2020. If there were serious question marks about its continuation as a going concern then they would not be talking about 2020 performance targets.. "The negotiations with the Group's lenders are moving forward in a constructive fashion and will be the subject of a further update in due course."
wigwammer
05/11/2019
10:50
Slowly getting their pedalos out on hire! need a few more thou to see some life in the SP
paraguay
18/10/2019
14:31
Couple of reasonable size trades just gone through @9p. No RNS. Up another tenfold and I will be back in the blue.
wad collector
18/10/2019
14:24
How is this back to 9p..
sbb1x
08/10/2019
12:50
I suppose the hope is that the oil price stays up and the demand for exploration rises , but is all rather tenuous. You don't need to be a chartist to look at the share price graph and decide this is looking terminal. Floated at 135p but is has not floated ; it has sunk.
wad collector
27/9/2019
10:40
Only two of their large vessels are at sea; the other two are still in dock. All three of their medium vessels are at sea, although one is inshore. And four out of seven small vessels are at sea - two inshore. No great pick up in utilisation - which seems similar to back in April and July.
trident5
27/9/2019
10:00
That's not too basd an update given the perilous position left in by CEO - not exactly what the shorters were dreaming of. It's certainly not game over, and D4E far less likely to be happening anytime in immediate future. Let's see what the HY's say on Monday.
tameimpaler
27/9/2019
07:08
Current debt £400m Making a loss £5m this year. This will definitely end up with D4E
deanmatlazin
18/9/2019
16:56
What's with all those massive trades today...
sbb1x
18/9/2019
14:49
Either suspension or D4E coming soon
deanmatlazin
17/9/2019
16:47
7 x 42,383 trades@6p Shorters closing?
sbb1x
13/9/2019
08:43
You would have to be an optimist to look at the share price graph and the recent statements and believe anything good is going to happen here. Another of my lemons going down the drain....
wad collector
Chat Pages: 59  58  57  56  55  54  53  52  51  50  49  48  Older
ADVFN Advertorial
Your Recent History
LSE
GMS
Gulf Marin..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200401 20:43:42