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Share Name Share Symbol Market Type Share ISIN Share Description
Gulf Marine Services Plc LSE:GMS London Ordinary Share GB00BJVWTM27 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.19 -3.09% 5.95 1,502,505 16:35:16
Bid Price Offer Price High Price Low Price Open Price
5.90 6.00 6.12 6.00 6.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 115.13 32.93 4.48 1.3 60
Last Trade Time Trade Type Trade Size Trade Price Currency
16:29:40 O 300,000 6.00 GBX

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Gulf Marine Services (GMS) Discussions and Chat

Gulf Marine Services Forums and Chat

Date Time Title Posts
01/7/202214:18Gulf Marine Services plc1,905
14/10/201616:51gold mines of sardinia1
28/4/200923:09GOLD MINES OF SARDINIA - Agreement Finalised19

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Gulf Marine Services (GMS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:29:416.00300,00018,000.00O
15:28:406.0050,0003,000.00AT
15:28:406.0075,0004,500.00AT
15:28:406.0075,0004,500.00AT
15:27:416.0284,5745,091.35AT
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Gulf Marine Services (GMS) Top Chat Posts

DateSubject
05/7/2022
09:20
Gulf Marine Services Daily Update: Gulf Marine Services Plc is listed in the Aerospace & Defence sector of the London Stock Exchange with ticker GMS. The last closing price for Gulf Marine Services was 6.14p.
Gulf Marine Services Plc has a 4 week average price of 6p and a 12 week average price of 6p.
The 1 year high share price is 8.70p while the 1 year low share price is currently 3.09p.
There are currently 1,016,414,582 shares in issue and the average daily traded volume is 928,975 shares. The market capitalisation of Gulf Marine Services Plc is £60,476,667.63.
28/6/2022
08:57
hpcg: I have little sympathy for people that remained invested through a down cycle in oil and gas. A core function of an investor is to anticipate good and bad times for a company they invest in, especially in a cyclical industry. Many would argue that company managers should even more anticipate when the sector they are in is turning over from deficit to surplus, but hardly any of them do, hence why there are cycles outside of the overall business cycle. The information required for investors to make a judgement in GMS seems pretty comprehensive to me, and the choice of the loan raise is pretty much a wash to investors by my calculations in the area of the current share price, hence why the price is where it is. I'd say the warrant issue is much more likely as a result, had the share price broken out then the equity raise would be better for investors, so they should just get on and do it. Investors with cash will be able to keep their relative holding in the market.
27/6/2022
17:05
xxx: The business is a price taker , rather than a price maker and thus he role of mnagement is to be on top of the cycle. GMS has appointed a board picked to be aligned o the interests of the major shareholder, not experise in the business. If you look at the R+A they have managed to comply with 1/11 TCFD criteria. The raising of funds last year and lack of appropriate updates regarding the business, further underline the lack of interest in keeping shareholders abreast of the business. The write downs were a further example of scare tactics. I have faith in the business, but fully expect them to try an unrealistic offer for the rest of the company at a time of their choosing, which wil have a better chance of gaining acceptance , if shareholders are unsure of the value of the assets, their prospects or the sector in general. A further example of this is the additional capital raise required by the end of the year. Rather than discussing what waivers might have been sought, depending on cash generation, debt:ebitda and other relevant criteria, there is a fairly unhelpful re-statement of the loan agreement. In short, they appear to be acting for the benefit of the majority shareholder and doing their best to keep his options open.This opinion has been formed whilst watching their manoeuvres prior to joining the board...
13/6/2022
16:17
davidosh: We have a great show lined up for tonight and Gulf Marine will feature in the BASH session... Https://melloevents.com/mellomonday-13th-june/ The full programme for the evening is here... Monday 13th June 2022, 5pm – 9pm Programme 5.00 pm Mello welcome and Company presentation by Impax AM with Ian Simm 5.30 pm Gervais Williams – Inflation changes everything – How the UK stock market could come to be the asset of choice for global investors 6.00 pm Nicky Foulston CEO at RBG Holdings shares her insights into the recent RNS concerning the share register 6.30 pm Paul de Gruchy presents – Alternative Funds: more than a safe port in a storm? 6.50 pm Company presentation by Hercules Site Services 7.30 pm Vector Vest 7.45 pm Specialist insight – Steve Clapham looks at The Wire Card Fraud 8.00 pm Mello BASH You are welcome to join and as this is no doubt important for you all to watch I am happy for shareholders to join for free using the code FREE1306 but please do not share elsewhere as this is a ticketed show and there will be hundreds of investors who have paid to join.
13/6/2022
11:53
hpcg: GMS doesn't provide drilling rigs it supplies support rigs. Work is tied to maintenance as much as anything.
22/5/2022
13:32
melloteam: Mello2022, the popular three-day Investor event takes place on 24TH-26TH MAY at the Clayton Hotel & Conference Centre, Chiswick, W4. The breakdown of the three days is as follows: Tuesday 24th May, 9am - 6pm - Mello Investment Trusts and Funds (WE ARE GIVING AWAY 20 FREE TICKETS TO THE TRUST AND FUNDS EVENT - THE FREE CODE IS FIRST20TF) Wednesday 25th & Thursday 26th May, 9am - 6pm - Smaller Growth and Mid-Cap Companies (Tickets for 1 day are £115 and tickets for 2 days are £189. To get 50% off, use code MMTADVFN50). Just to let shareholders and prospective investors know that GMS will be among the companies discussed on the BASH (Buy, Avoid, Sell, Hold) panel on Wednesday. There will also be keynote speakers such as Lord John Lee, Leon Boros, Andy Brough, Rosemary Banyard, Clarke Carlisle and Gervais Williams. For more information, please visit the event webpage: Https://melloevents.com/mello2022/
13/5/2022
11:17
blusteradjuster: With the share price moving in a channel the centre of which has risen 50% in 6 months, it could be argued that procrastination in that regard isn't a bad thing. Especially given the similar shape of the crude oil chart. EDIT: Tracking the price of crude (if that's what it's doing) is, I suppose, not unreasonable. However, it doesn't factor in any bonus of de-risking the enterprise via leverage reduction.
08/5/2022
11:46
loglorry1: GMS will very likely extend their finance with banks without requiring a further equity raise or warrant exercise. Rig rates have risen and utilisation is up which has facilitated this. Cash generation is very strong and as debt is reduced value will flow to the equity and it will continue to rerate. 15p should be achieved soon.
29/4/2022
09:14
pauliewonder: 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
19/7/2021
13:57
mudbath: The Executive Chairman commented on June 30th 2021 :- "The Company's performance is underpinned by positive market conditions, supporting utilisation, contracted activity...(all 13 vessels in our fleet are all under contract which is something we haven't seen since 2016 and is a very good indicator of an improving market. The 23-month contract award for the E-Class vessel was at rates significantly higher than we have seen in recent times and we would expect improvement in day rates to continue as the supply/demand dynamics improve in our favour)....the pipeline of opportunities and day rates. It is also supported by the actions taken by the Board to actively manage costs, improve operational efficiencies, and put in place an improved capital structure, which will benefit the Company's near and long-term prospects. Combined, this all serves to reset the GMS story, driving benefits for the Company, its employees, contractors, partners and investors." Just how long will the GMS share price dally in this very low 3p arena ?
07/7/2021
13:34
mudbath: A steady climb in the GMS share price looks to be underway and possibly gaining some momentum. A buy(and a half)at these low levels despite the known risks.
Gulf Marine Services share price data is direct from the London Stock Exchange
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