Gulf Marine Services Share Discussion Threads

[owenski] 08/5/2022 08:53

Are GMS doing another fund raise later this year?

[napoleon 14th] 07/5/2022 23:58

Hey! The less my shares move in this market, the happier I am!

At least this is in oil, right place right time, and has recovery potential...

[blueball] 05/5/2022 15:43

Taking its time to move.

[pauliewonder] 29/4/2022 09:14

Yes, free cashflow should significantly dent the debt pile and massively de-risk GMS. Once we get to that point the valuation will look hideous. Furthermore, they may start returning money to shareholders

[catsick] 29/4/2022 09:04

And all at ever increasing rates while reducing loan balance

[pauliewonder] 29/4/2022 07:39

Utilisation rates at 88% now versus 79% in February. Bodes very well for the company

[blueball] 15/3/2022 11:17

A small top up for me this am.

[pastybap] 09/3/2022 11:35

Your fault ;)

[richtea2517] 08/3/2022 20:51

A share I am pleased I held. For today at least. Think there's still generous upside here.

[trident5] 08/3/2022 19:27

That graph above is a bit misleading in that it isn't adjusted for the placing - last time it was 15p was over 3 years ago.

[jimbox1] 08/3/2022 19:18

That will do nicely.

[blueball] 08/3/2022 17:00

About 15p in the next 6 months imo.

[jimbox1] 08/3/2022 16:55

Go on then. Where is it going?

[blueball] 08/3/2022 16:31

Ask me where this is going to..?

[blueball] 08/3/2022 11:11

Break out of retangular pattern since October this am.A buy signal.

[hpcg] 06/3/2022 17:37

se81 - individual equities react to both their own circumstances and the direction of the market. On a day to day basis investors make all sort of random decisions and it is only over time that direction is apparent. Also some will be trading around their core position, and that means selling some at the top of ranges.

[trident5] 06/3/2022 12:15

Not if you're Ukranian or believe in liberal democracy, mate

[se81] 06/3/2022 11:53

New to me this one- bit of indiscriminate selling on Friday? This has hardly reacted to the surging oil price- am I right in thinking that the current situation is hugely beneficial?

[pauliewonder] 25/2/2022 19:27

Don't agree. It's still risky because of the level of debt but market conditions are very positive for GMS so paying down debt will be quicker. They will have a highly cash generative business in a few years with no debt. At that point the premium to todays price would be substantial. The downside risk is that market conditions worsen / price of oil reduces. Can't see that, but even if it does, it's fine as long as they are generating a healthy cashflow. Any imminent sale should be rejected (if it was to come) at these lowly prices

[blueball] 24/2/2022 11:54

Read Michaels blog.

[baddeal] 23/2/2022 17:52

In what way?