Gulf Marine Services Share Discussion Threads

[baddeal] 06/9/2021 16:54

It's a sad day when a Company has to rns that it is putting in a new erp system.

[wigwammer] 06/9/2021 15:46

Positive stuff.. "With utilisation and the contracted backlog of the Company's vessels continuing to grow, driven by improving market conditions.."

[napoleon 14th] 06/9/2021 14:25

Back up again.
I like the new software news.

[blueball] 06/9/2021 11:17

Nice buys this am but share price down strange.lol

[blueball] 26/8/2021 18:04

RSI rising from low of 50 share price looking oversold.

[mudbath] 23/8/2021 16:33

Exbroker

My comment was purely based on the link provided which included a statement that :-

"Recent events have placed further downward pressure on valuations in the sector that started back in 2014/2015. Mr Day says several distressed sales at the latter part of 2020 and the start of 2021 illustrate the challenges liftboat owners face."

In a brighter vein,the author nevertheless concluded,"prospects could be buoyed thanks to offshore wind."

[exbroker] 23/8/2021 13:52

mudbath
Re your post 1692 I can’t see any news on this in the press do you have any more info?
We must be due some results soon as it was June half year end.

[blueball] 16/8/2021 15:23

Plenty of action the last 20 mins ...some big buying going on.

[blueball] 13/8/2021 16:10

my pleasure my dear.

[trident5] 13/8/2021 15:54

Thanks for the price updates, very useful for those of us without the internet.

[blueball] 13/8/2021 15:34

4.23p to buy and why not.

[blueball] 12/8/2021 10:57

4.42p to buy.

[rolo7] 10/8/2021 16:59

Not with the debt I expect

[trident5] 10/8/2021 11:24

A lot more shares have been issued since 6 years ago.

[blueball] 10/8/2021 10:45

In for another 70k shares showas a sell.

[blueball] 06/8/2021 16:11

I remember the Nakded Trader buying these at 100p about 6 years ago wonder if he looking at them again at 4p.

[jfreshfield] 06/8/2021 11:16

Not so massive volumes

[blueball] 06/8/2021 10:52

Bull Kumo break-out yesterday.

[trident5] 05/8/2021 16:15

The last lot of new faces who showed up on here shouting about massive volumes and exorting others to buy the dip didn't last long and parted with their tails between their legs with lighter pockets.

[blueball] 05/8/2021 15:06

4.5p to buy..?

Buy the dip.

[trident5] 05/8/2021 12:53

Massiver volumes.

[wigwammer] 05/8/2021 03:45

Further, given local tax levels, they pay minimal corporate tax. As the debt is repaid, the £470m balance sheet is increasingly owned by equity holders... £470m asset base vs $60m market cap. If they can renegotiate debt, they may not need to raise the further $50m.

[wigwammer] 05/8/2021 03:39

Yellowdog - thanks for the list of negatives. Interest payments $28m pa and capex $10m pa expected. So hurdle closer to $38m. Last time they neared full utilisation in 2015 and 2016 they earned $120m+ pa at the op level... $120m vs $38m... current market cap $60m :)

[yellowdog] 04/8/2021 16:21

Exbroker. Will do. I thought I must have missed something !! Thanks