Gulf Marine Services Share Discussion Threads

[fruitninja84] 23/1/2015 14:39

However I have noticed that when the POO tickes up a bit this moves too, which tells me that this markdown has been driven partly by sentiment and caution. If it was an oil producer I would understand but it's not!! Infact lower fuel costs should be good here, the next statement will be interesting but I can't see too much more downside risk maybe 10% but upside could be back up to 160p or 60pc, all in imo ..

[brownr0] 23/1/2015 14:27

Explanation much appreciated Fruitninja. My feeling is also that we have a seller in our midst.

[fruitninja84] 23/1/2015 14:24

MM only order book usually always less liquid, a public book the spread can narrow and widen accordingly, right now there's lots of 'buys' today but the price ain't going anywhere as as soon as orders are bought up fresh orders appear to fill the gap on the book so someone is selling into the buyers, this is unlikely to change as sentiment in the sector is so poor... I can't say what the L2 screen is looking like terms and conditions ect, but we ain't dealing with MM just yet, there is in fact a larger seller out there then a buyer .. Hope that kinda helps ,

[brownr0] 23/1/2015 12:48

Thanks fruit was unaware of this. In your experience does this change your interpretation of the spread vs MM controlled when it comes to buy sell timings etc.

[fruitninja84] 23/1/2015 12:22

Not MM only book, anyone who trades on exchange puts orders in at the sell price is a market maker and vice v...

[brownr0] 23/1/2015 11:51

All I'm seeing is buys this morning MM's keep fiddling around with the spread to suit there ends imo. No change there then.

[brownr0] 23/1/2015 11:17

All I'm seeing is buys this morning MM's keep fiddling around with the spread to suit there ends imo. No change there then.

[gucci] 22/1/2015 21:16

Chart looking more positive now

[kito691] 22/1/2015 18:38

20 more days like this and I'm Back at break even hurrah not to much to ask is it !!!

[kito691] 22/1/2015 13:26

Fingers crossed certainly looking that way

[brownr0] 22/1/2015 12:21

What do we have here then :). Big gap up...

[brownr0] 22/1/2015 09:06

Ready for a tick up here? buys showing as sells. Unless they are sells in which case the current ask is inaccurate.

[kito691] 21/1/2015 16:59

Totally agree

[brownr0] 21/1/2015 16:04

Somebody taking 1000 a time at 100. Just need to up the stakes a bit please :).

[kito691] 21/1/2015 11:08

market makers seem to drop this on hardly any volume very frustrating share at present , still think good upside definatley a slow burn

[brownr0] 19/1/2015 14:53

Spread considerably tighter than earlier

[brownr0] 19/1/2015 13:18

Few buys coming through here

[kito691] 19/1/2015 11:43

Why the 7% spread today not sure to take that as good or bad news ??

[wipo1] 19/1/2015 10:17

Market makers shut up shop today. How are you meant to buy a stock with a 7pc spread?

[hydrus] 15/1/2015 07:39

Growth is also well mapped out based on new vessels coming on tap. I should say that reduced contractual rates might also be a risk.

[hydrus] 15/1/2015 07:38

Has the Naked Trader misunderstood this? I can't see what kind of positive surprise news GMS could produce which would produce a 20% gain. It's not that kind of company. Revenues and contracted vessel rates are known already and they are good. This is surely a steady eddy type of company. You know what you are getting. Only risks are that contracts don't get renewed.

[sheikh al utrati] 12/1/2015 18:34

No, Canaccord lowered their target to 160

[fruitninja84] 12/1/2015 16:17

About to crack down to 94p imo holders need a strong stomach here .. On a PE of about 5 or lower! Low fuel price good for GMS

[rufio90210] 12/1/2015 15:22

Broker Canaccord Genuity has reiterated its buy this afternoon with a target of 180.

[webpax] 09/1/2015 15:30

@Fangorn2 - No problem. Funny you mention Kentz as NT has said previously he views this as a potential future Kentz...