Gulf Marine Services Share Discussion Threads

[che7win] 26/1/2017 11:39

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

[nimrod22] 26/1/2017 11:20

Decided to buy back in, as the price has dropped 9.5% since last held.

For those following any of the American boat companies; Gulfmark Offshore Inc NYSE:GLF are liable to jump today on the announcement of two long term contracts for vsls in the North Sea. I believe its also still seen as a possible takeover play, as Seacor Holdings recently approached to suggest a merger due to GLF's debt issues.
Another American quoted share worth watching and has made gains is Teekay Offshore (TOO)

[hpcg] 25/1/2017 20:17

According user comment on the FT Alphaville Markets live today Numis has initiated coverage with a buy note and target price of 130p. Which would be nice. That is a long way from here and pretty much a complete rebound. But would be nice this time next year.

[bigbigdave] 18/1/2017 11:22

Half decent bit of buying, next leg up here?

[larva] 18/1/2017 06:52

The principal concern I have with this business is over the
potential impact of 2/3rds of its fleet coming off firm contract around now and also that new contract bookings

may face pricing pressure.

[discodave4] 17/1/2017 19:22

Think I will wait until after they have issued year end results before dipping my toe!.DD

[cheshire man] 17/1/2017 12:18

72p TP here


17 Jan 17 Barclays Capital Equal weight 63.50 old TP 55.00 to 72.00

[seangwhite] 13/1/2017 17:08

PeterAt least this oil services company makes money and even pays a divi unlike a lot in the sector.GLTA

[trident5] 13/1/2017 12:11

More likely you'll be reading our comments Peter.

[sutton3] 13/1/2017 11:41

Hi to All.
Just invested in this company and look forward to listening to your comments and making some money.
Peter

[mick] 11/1/2017 18:30

Thanks BMW. If Gulf Capital wish to reduce their position in GMS I wonder would a take over offer be attractive to them or likely? Just a thought.

[bmw30csl] 11/1/2017 18:03

Yes,if you google Gulf Capital and Gulf Marine it has always been their intention to sell post IPO but market weakness hindered progress. Good to see they are orderly and somewhat price sensitive!

[mick] 11/1/2017 12:26

2016 results out in March so lock up period is for a relatively short time.

[338] 11/1/2017 12:02

the traded volume is drying up and more profit takers taking out some cash

[indalo] 11/1/2017 11:20

Gulf are placing shares rather than doing any market selling which is positive, and there is now a lock up until the 2016 results which removes any overhang concerns. This should ensure that stock remains in short supply and demand should be firm.

[mick] 11/1/2017 10:41

Thanks BMW that sounds reasonable.

[bmw30csl] 11/1/2017 10:30

Always has been. Getting them reduced and increasing free float is good for GMS as before it was small cap with no free float on top!

[mick] 11/1/2017 10:26

But is there effectively an overhang of Gulf Capital shares now?

[338] 11/1/2017 10:20

Those institutions seem to be interested in owning more shares and they want to double/triple the profit or earn nice dividend.

[oregano] 11/1/2017 09:38

i can't see what those institutions paid - any visibility?

[mrmark01] 10/1/2017 20:51

lol, i dont usually take much notice of broker notes, i was more concerned about the fact that i completely missed it...

[trident5] 10/1/2017 20:46

Don't worry Mark they've got another out tomorrow telling us that oil hit $30 last year and this could be bad news for oil stocks.

[mrmark01] 10/1/2017 20:31

Hi all, where was the ML note publicized? I cant seem to find it!

[pbutterworth1] 10/1/2017 18:45

Nimrod - Now is not the time to sell this share. It is indeed still well behind the market curve. GLDYOR

[338] 10/1/2017 16:43

two or three more long term contracts can take GMS to 100p+

comment from ML could only affect the share price if no new contract until the Final Result in March I think, would you agree?