Gulf Marine Services Share Discussion Threads

[davr0s] 10/2/2017 13:33

Ok 5weeks 3 days - let's not split hairs. I bought 1st day of the year at 51 - it's now up 15p hence 30%. So what's your point?!

[pbutterworth1] 10/2/2017 09:29

DavR0s - Rubbish ! you are not up 30% in 5 weeks. 5 weeks ago the share price was 60p - now 66p thats 10% deerr

[pbutterworth1] 10/2/2017 09:24

Why has the share price lost momentum - being down 3.49% in a month ?? If no one can give me a sensible answer I quit. There is always somewhere else to put it.....

[davr0s] 08/2/2017 18:52

I'm up 30% in 5 weeks - hardly dog behaviour lol

[the don of dons] 08/2/2017 14:33

broken resistance from below 30p to where it is now. the trend is up.
this clown has not a clue what he is talking about. keep de ramping punk - youre a contra indicator and quite honestly an embarrassment.

[larva] 08/2/2017 14:24

LAM better than this dog

[hpcg] 08/2/2017 14:17

Constructors are in the very worst position. No one needs a new drill ship for a decade, no one needs a new bog standard support vessel for 25 years. So for example Lamprell, very doubtful future. Maintenance providers on the other hand have a workload correlated with the volume of oil produced, not the price of oil. Low oil prices reduce oil company spending in the short term. SESVs play in that ongoing support market, and in offshore wind, and in platform decommissioning.

My concern would be if the builders start speculative building. However equity and debt are taking sufficient hits that it should make anyone involved, Norwegian vessel owners, Singaporian, Korean, German banks, have such burnt fingers that even they stop and think.

[nimrod22] 08/2/2017 10:50

EZRA/EMAS in major financial problems, looks as if they could go to the wall.

[muffster] 07/2/2017 16:24

Also oil majors expanding their spend, with GMS likely to benefit. Nav here still about £1, so plenty of upside

[seangwhite] 07/2/2017 11:09

Any decent contract news and we are off to 75p. Long term if POO stays steady the £1.00 seems reasonable.VGLTA

[pbutterworth1] 07/2/2017 09:47

Two consecutive down days and I will sell

[pbutterworth1] 07/2/2017 09:45

Yes chaps, better today. Got rather a lot on this so a bit jumpy

[muffster] 06/2/2017 19:36

And just a small retrace before next leg up as new contract wins and results due in March

[trident5] 06/2/2017 19:04

Not performing ?

Up over 30% in a month!

What exactly do you want?

[davr0s] 06/2/2017 18:30

Not performing lol. Consolidating after a very good run - still bullish IMO

[muffster] 06/2/2017 18:10

yes it is, look at chart

[pbutterworth1] 06/2/2017 18:04

Sp not performing here

[che7win] 06/2/2017 17:58

Wow, GMS surely vulnerable.

[nimrod22] 06/2/2017 16:41

More mergers:
Farstad, Solstad, & Deep Sea Supply. Three of Norway’s biggest offshore oil industry service vessel (OSV) operators announced plans to merge to create one of the biggest fleets in the sector.

[seangwhite] 28/1/2017 01:13

Looks like the greater public are being advised of the fairly rosey outlook that GMS seems to have with the POO rising.Let's see how the market react and if the divi is maintained. I am hopeful so let the dice roll. ?

[interceptor2] 27/1/2017 17:32

Thank you for the Numis info chaps, good to see 2017 estimates increased somewhat, always felt that brokers were behind the curve here, fwiw I still think they are. :o)

[bigbigdave] 27/1/2017 16:37

Nice close, next chart leg up here imo

[che7win] 26/1/2017 14:18

hpcg,
following on from your post on Numis, they have significantly raised numbers from yesterday:

EPS for 2016 they have at 11.11p, for 2017 they have 8.47p EPS. That is a significant rise from previous forecasts which I had seen as around 3.5p for 2017.

To me, these are looking good value, surely 80-100p is a target over 12 months with an assumption that longer term business margins rise and we get closer to 150p.

[che7win] 26/1/2017 11:39

nimrod,
welcome aboard, lets hope waters are less stormy ahead! Appreciate your perspective and insight into GMS peers.