|SRT Marine Systems
||EPS - Basic
||Market Cap (m)
SRT Marine Sys Share Discussion Threads
Showing 20651 to 20675 of 20675 messages
|FT.Saudi security forces have foiled a daring seaborne attack on a Saudi Aramco fuel terminal that the kingdom blamed on Yemeni rebels.|
|Yep, that sounds like me. My average is a bit higher though.|
|YumYum - appreciate the advice. I have held SRT now for about 6/7 years, adding over time, and probably average about 25p. Like you, I think, I'm in for the long haul and expect £1 plus at some point and possibly a buyout. Will probably look to sell some along the way, but not this side of £1 unless there are clear warning signs. Appreciate it has risk, but happy to live with that. Phil|
|I think that little wiggle on the chart is what is called a flag and is a continuation pattern before another jump.|
|Re, above Dolores, understand what you are saying, but checking last years expected project list on SRT's website (PDF) One can interpret what 'start' implies.|
|"this small initial order is an important milestone and 'marks the start' of the rollout".
|Hi Owenski ., I am not sure that Saudi is a firm contract yet.|
Looking through last FY's announcements it can be seen that currently SRT are engaged in '4 live projects', signed and started.
From last years presentations a shrewd investor can probably glean which ones, on top of the Indonesian and Saudi ones, they are now contracted to deliver. Also the revenue can be ascertained.
This revenue is looking likely to accelerate sharply over the next couple of years and hence the profitability.
The recent TU with its 'ahead of profits' statement also gives substance that the 50% margin model may well be exceeded. The second half earnings were a sharp acceleration from previous 'second halves' and from the prior first half, ie, that was a big increase in revenue for the later part of the FY and it could be seen that the margins thus were clearly greater than 50%, possibly 60% even.
Hence, a sign of things to come. IMO
Hopefully Tuesdays webcast will prove illuminating.|
|Philburt....AIS and marine domain management is a very live and real market...newish technology. Growing quickly. Strategic importance. SRT look good...but be aware that the shares are thinly traded and market is precarious. Do not hesitate to take some profits at some point. SRT will not capture all the market by any means.
I think we have seen the share price low point for a while. You need hmh 'henry' to drive them down again some time...if it is not too late. Approx quarterly webcasts will not help in that doom and gloom scenario.....
Meantime I have been buying the last few weeks and am holding for the takeover.|
|What makes you guys so confident?|
|YumYum - I do hope so! My aim is to get my holding to 200k shares before it really takes off! lol|
|£1.60 next year perhaps.|
|Brucie5, I think you have done well. 60p is coming soon.|
|We look forward to hjb1 pulling it apart...but hopefully also analyzing a bit deeper in case it looks realistically positive.|
|Looking very perky today, I look forwards to an illuminating and informative web-cast on Tuesday.|
|Just added. Hope to see a revisit of 60p.|
|1. Persons wanting to view the webcast live on the day at 8.00 a.m. should go to www.srt-marine.com/news and scroll down the page to the "INVESTOR WEBCAST" section. They should then click on the link and this will take them to a simple log in process which should be completed. This should be done immediately prior to the 8.00 a.m. start time.|
|Don't forget SRT is holding a webcast on Tuesday 2nd May at 8am.
To register, just click the link and scroll to the bottom.
Have a great weekend!
|SRT made profits of approx £1.2m for the year ended March 31 2017. This on turnover of approx £11m.
The company is already a profitable, high margin, exporter. It also has net cash in the bank.
Turnover for 2017/18 looks almost certain to be multiples of last year ('pale into insignificance')
Lack of visibility is a two-edged sword. That is why the share price is so depressed and cheap. With more visibility later this year, I think will come multiples of the current share price.|
|I don't see the point in debating marketing brochures and their equivalent sound-bites. That is not going to give any useful result on which to make any judgement or decision.|
|Well...me too !
This year I think it is very different. And more visible now than ever.|
|I saw profits of £10m+ for the last couple of years after all the preceding optimism that was banded about, but yes if the Indo deal goes anything like planned then £10m should be a breeze.Oh! and there is time yet for a cashcall..|
|especially what YOU expect ! Losses....cash call fund raising....share price to 20p...
But fair point, I was expecting more orders to come in for 2016/17. I view this company and their position in the hugely growing marine domain management arena as very exciting. Very.
Do you see profits north of £10m for 2017/18 ?|
|what you expect and what you get is a country mile apart!!|