Gulf Marine Services Share Discussion Threads

[muffster] 03/3/2017 18:34

Sorry don't know that, should I? He still has over 2 million shares

[muffster] 03/3/2017 18:04

Can't see GMS on Ntrader. Reckon buy out

[smithp1] 03/3/2017 17:56

Naked Trader ?

[che7win] 03/3/2017 17:55

Takeover might be reason?

[hpcg] 03/3/2017 17:47

Tips usually see a spike first thing - for example the IC releases its weekly tips on Thursday evening. Brokers target price changes are usually morning events. Put it this way, if you saw that price action in the opposite direction on a Friday afternoon it wouldn't give you a warm fuzzy for what might appear over the weekend or on Monday morning.

[cfro] 03/3/2017 17:37

Results not til the 28th, so it cant be speculation on whats to come there..

Could be tipped today perhaps?

[greenroom78] 03/3/2017 17:00

Nice. So what caused that splurge at the end there then?

[wad collector] 03/3/2017 16:54

4 trades all morning then 102 in the afternoon ; significant of something. And not just random speculation on Monday's results I suspect.

[pbutterworth1] 03/3/2017 16:31

Monday will be interesting

[davr0s] 03/3/2017 16:28

Don't think it's going any higher today as someone just whacked in a big order at 73p

[pbutterworth1] 03/3/2017 16:23

gms remains v v cheap btw

[che7win] 03/3/2017 16:17

Butter, Me too!

[pbutterworth1] 03/3/2017 16:14

My new found strategy of buying a lot of shares in companies that historically look very cheap is rather simple but appears to be paying off lol

[richtea1701] 03/3/2017 16:13

Me too - held modest Spreadbet whilst it seemed it had great support underpinned at 65. Looked like it was gonna explode one way or tother!

[hpcg] 03/3/2017 16:07

someone knows something, and they weren't giving clues away during the week. Should be a positive announcement to come. There better be - I've just opened a load of spreadbets based on this tell! I have held shares anyway, but spreadbets off the table whilst the price not moving.

[davr0s] 03/3/2017 16:04

Interesting price action....

[pbutterworth1] 03/3/2017 16:02

...something postive is about to happen here. Remember, I said it first. GLA DYOR

[muffster] 20/2/2017 15:36

Results due March, expecting good results. Tangible book value still way above current share price at £102.08

[pbutterworth1] 13/2/2017 08:25

Much better share price signs here this morning than for several days :-) (Philip)

[hpcg] 12/2/2017 20:11

Thanks for the pointer to CKH nimrod. Exactly the type of play to be a winner, though I need to do quite a lot of due diligence to check its debt structure and cash burn. I think a lot of the "upside" is going to go to debt holders. Looks like Seadrill equity will near enough wiped out and even the rump left, if any, will be subject to massive future dilution. In reality debt is having to take a long term hands on approach to recovering their principal. This does not bode well for price recovery in over supplied sub-sectors.

[nimrod22] 11/2/2017 18:05

the offshore sector is cyclical and the last few years are some of the most painful, but there will be a recovery. The trick now is to pick the winners. Photos of the numbers of offshore vessels that are laid-up are readily available eg some 17 Bourbon vsls in ASL Batam Indonesia, with a total of 100 laid-up worldwide (many in West Africa, and of modern tonnage). Tidewater close to going chapter 11 (bankrupt), Maersk splitting its divisions after suffering a loss etc (though has a finger in LSE:QFI the potential game changer on fuel). Now is a good time to be buying in at the bottom, with some indicators that a corner has been turned. GMS has some up factors and there are others out there with large cash reserves such as Seacor Holdings (NYSE:CKH) which are waiting to buy in on value assets at fire sale prices. Suggest looking to buy 3 or 4 companies that are positioned to take advantage, possibly tankers as well in the LNG trade. Only my view of course.

[hedley03] 11/2/2017 16:59

Pbutterworth, you aren't an ex-navy man are you (Paul)?

[davr0s] 10/2/2017 18:42

No worries. Shares never go up in a straight line. At the moment this is showing classic consolidation/basing after the rapid rise so nothing to be unduly worried about IMO. It needs to break support to make me think about selling and if it breaks resistance I'll top up. Until either event occurs I am chilled out. I'm running about 40 positions like this and 90%+ of these are up - just need to play the odds and keep repeating. Have a read of Minervini as he explains what is going on