Gulf Marine Services Share Discussion Threads

[sibeks] 16/5/2020 17:07

Well the share price exceeds 10p what's next?

[richtea2517] 07/5/2020 07:15

Liking the response. Not even the headline news to tell Seafox where to go. Nice touch.

[baddeal] 06/5/2020 09:44

£1.20 equity value!! Are you dreaming. It has over £400m debt that would mean and EV of c£850m on estimated ebitda of £45mLet me know what other companies you are invested in and I'll bail out! Go to school and learn some maths

[pakenham] 05/5/2020 20:24

yeh trident - do u understand balance sheets - it's worth 120p after all debt paid and more now demand rocketed. 101 accounts for u my lad

[trident5] 05/5/2020 20:06

Ha ha - that's a bit delusional - you've seen the debt here?

[pakenham] 05/5/2020 19:29

asset strip worth 120p - can't see 10p being successful - 120p before the value added by oil services in increased demand with storage offshore rates doubling recently - so 150p?? Seafox playing games - rival bids??

[trident5] 05/5/2020 18:49

It says in the RNS

[sbb1x] 05/5/2020 18:15

Sea fox lol

[sbb1x] 05/5/2020 18:15

What percentage of shares do seafood currently own?

[trident5] 05/5/2020 18:04

It is derisory and opportunistic - I think the bank syndicate attitude will be decisive.

And I'm sure Seafox would want to participate in any placing given they're so keen to buy the whole company.

[colin12345678] 05/5/2020 17:21

Nope or me worth a lot more

[richtea2517] 05/5/2020 17:19

Can't see them jumping at that tbh.

[richtea2517] 05/5/2020 17:06

I felt the GMS RNS on Monday was very good. Just my view.

[colin12345678] 05/5/2020 16:28

gms £1m buy at 10p - can buy at 7p - net assets 370m - mcap 20m - up for sale

[trident5] 04/5/2020 08:12

Seafox response makes a great case for them not buying the company.

[babbler] 04/5/2020 07:57

Got to go over 10 no? Better offer coming?

[richtea2517] 04/5/2020 07:06

Well played

[trident5] 30/4/2020 10:08

Although, they've pulled two of their large vessels from the North Sea, and they have recently arrived in the Gulf - I suspect the outcome here will be largely determined by whether these can be quickly contracted at reasonable rates.

Board is advising that share holders do nothing.
Results tomorrow.

[trident5] 30/4/2020 07:23

Seafox bid $0.09 - not really a surprise, looks like game over here.

[technowiz] 24/3/2020 13:38

covenants need to be extended by end of march?

[paraguay] 19/3/2020 14:20

What's going on here today? Dead cat bounce?

[sbb1x] 17/3/2020 10:53

No posts in 2 months

[alamaison5] 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.