Gulf Marine Services Share Discussion Threads

[thelongandtheshortandthetall] 09/11/2021 12:11

Q&A with Paul Scott of Stockopedia
^^ go to 39:00 minutes to hear about GMS

[blueball] 01/11/2021 15:43

Buys flooding in this pm.

[hpcg] 28/10/2021 12:48

Excellent news for GMS in the Royal Dutch Shell and Total Engergies Q3 reports with no revision to upstream capex. This leaves the Gulf states as free to ramp up activity which will mean more work and for longer for GMS. The important thing for them is not to undersell or lock in low prices.

[baddeal] 21/10/2021 18:56

They'll be coming back again imo

[trident5] 21/10/2021 17:33

They already tried that, hopefully that boat has sailed.

[baddeal] 21/10/2021 17:11

I suspect we'll see a buy out bid fairly soon so should deliver some further upside from here imo

[blueball] 21/10/2021 16:45

Usually its time to sell when tips a share.

[pastybap] 21/10/2021 16:37

Have to say I haven't read any of his work, but is he not supposed to be a bit of a spiv?

[blueball] 21/10/2021 15:18

Zac Mir latest share price target 9p.

[rolo7] 21/10/2021 13:19

Fste small cap index entry possible within a year will get some interest, I remember buying these in 3figure price

[babbler] 21/10/2021 13:13

heading to the 7p gap.

[catsick] 21/10/2021 12:57

The new contract will be at the higher price, the other one is the exercise of the option to keep the rig for two more years, the new contract is also the largest rig type so will be significant extra cash which will all drop straight to the bottom line, the order backlog is going to look very healthy now and ebitda will be excellent for 2022 I am sure they will now not need to do another cap raise

[napoleon 14th] 21/10/2021 11:54

GMS contract wins "one of which at a significantly higher rate than its current contract",

[loglorry1] 21/10/2021 07:57

Contract win a big positive. Once they lock in enough contracts at higher rates the 4x debt target is secured and the banks will be happy.

[blueball] 21/10/2021 07:08

New contract win.

[loglorry1] 19/10/2021 11:30

Subsea 7 announced some big contracts today with Petrobras. I realise in a different part of O&G support services but shows with strong oil the service providers should do better. hxxps://www.subsea7.com/en/media/company-news/2021/subsea-7-awarded-new-contracts-in-brazil.html

[blueball] 19/10/2021 11:15

Zac Mir said 6p /6.5p last week as 200 ma is on the upturn.

[wigwammer] 19/10/2021 11:13

Well that's a brave bet at 5.9p mid!!

[blueball] 19/10/2021 11:07

Could hit 6p today.

[marmar80] 19/10/2021 10:31

Glad to see GMS and HUR moving higher from lows. Looks like a great end of year on the cards for all hammered oilers.

[loglorry1] 15/10/2021 15:24

If they hit forecasts and get down to 4x by end of 2022 then I'll be happy enough. More would obviously be better but happy with the forecasts being met.

[blueball] 15/10/2021 14:34

Zac Mir 6p to 6.5p target.

[trident5] 15/10/2021 12:05

They may have those models - but their spectacular stupidity was revealed to all in 2008.