Srt Marine Systems Share Discussion Threads

[yumyum] 13/8/2016 13:28

Kendo, I think you should seek help. There is nothing at all shameful in that. You can improve your life with some outside help.

[countryman5] 12/8/2016 20:54

The power of Simon Thompson 'tipping' at Investors Chronicle. July 5th 'Buy SRT at 43p and the price rises, so August 9th it becomes 'sell at 59p' and share price drops back to 46 p. There is an old saying 'behind every tip there is a tap'. Hopefully the pull back in share price does not invite the inevitable take over offer.

[eagle eye] 11/8/2016 18:48

kalkanite
That is a sensible post. As you say, any earnings in the 6 to 8p range over the next couple of years would make the current 50p look good value. From info at the AGM, there may be a larger weighting towards the 2nd stage of the large Asian order, so 2018 may come in better than many people think.

[kalkanite] 11/8/2016 17:27

ee

Point taken and agree whole heartedly but I do feel that a fair value for SRT is 60p without any new info. I calculate 15p EPS over the next 3 years, how that divides out I don't know but am guessing 2.5p (2017), 4.5p (2018) and 8p for 2019 and that is without any further contracts so despite the "healthy" pullback over the last week, I still feel the shares are undervalue ATM.

I'm not expecting any announcements in the next 4 weeks to earn a quick profit, however, that's just my thoughts and Mr Market may well be thinking otherwise.

K

[eagle eye] 11/8/2016 16:56

kalkanite,
Historically SRT has been very difficult to short trade successfully, in fact up until recently it has been difficult to long trade successfully either.
Outside of a major contract win you are likely to get bored very quickly.
I wish you well in your quest for quick profits, but there are many dead/frustrated bodies around here. Take a look at the BB posts prior to 9th March and you will see what I mean LOL.

[2vdm] 11/8/2016 16:12

Well I hope you won't be disappointed, but I suspect we may see this gently sliding, after all the recent climbs, unless we get news and or press publicity. Of course there is plenty in the vsp, so even if you have to wait, I'm sure you will do well here in the end.

[kalkanite] 11/8/2016 16:03

LOL, if I trade I usually have an attention span of about 4 weeks!

I normally don't trade but have developed a bit of a trading mentality during 2016, especially since the Brexit vote which threw up some very cheap cyclicals.

I'm not really comfortable with cyclicals this far into a bull market but happy to trade while economy "appears" to be fairly stable. I did make circa 28% gain on RTN a couple of weeks ago after a 3 week holding but feel that management are very weak so took the gains off the table.

I bought some TNI @ 86p for the family portfolio last week, despite their headwinds with very high pension liabilities and mature/declining market the shares are very cheap with good FCF generation and formed a bowl shape chart after they announced that they were spending £10m to buy back their shares, again not a chartist in the least but when several things line up I may indulge from time to time.

I'm due a loss so perhaps SRT wont play games with me and I will review the purchase, I've already got a high % in my portfolio so wont hold the new shares for too long.

K

EDIT - I bought a rather large chunk of STAF between 28th July and 1st Aug at av 918p, on this occasion I have a target price of 1200p in mind. Mr Market don't give a toot for my targets or any other trading malarky so I'm realistic about all this!

[yumyum] 11/8/2016 14:48

how quick is quick?

[kalkanite] 11/8/2016 13:52

FWIW I've topped up today at sub 50p with the intention of a quick trade, I expect management to more than justify their options over the coming weeks and months. What could possibly go wrong? :-)

[dieseltaylor] 10/8/2016 12:50

LAzyJ - Its a great daily email and gives a world view : )

[lazyj] 10/8/2016 12:27

deiseltaylor - I'm also a gcaptain fan.
"If on my starboard red appear it is my duty to keep clear.
Green to green or red to red, perfect safety steam ahead"

[the prophet] 10/8/2016 11:53

well, seeing as an IC buy recc is akin to the kiss of death, shares should shoot up!.....
It's all a bit of noise really, who cares who tips what when, think it's fair to say most folk on this thread have got a better handle on the shares than IC, or penny shares or whatever. Understandable as these publications have got to write up umpteen shares every month and can hardly spend too long on each one.
To be fair to IC, on the basis of the house broker's forecasts, the shares are a sell. We hope the house broker is understating the case......although they got it right last year!.......

[hjb1] 10/8/2016 11:18

did someone say that the IC sell recc comes out today/tomorrow for all to see.Wonder what effect that will have?

[the prophet] 10/8/2016 10:38

like a crow's nest and look-out?......

[dieseltaylor] 10/8/2016 10:26

Despite traffic control in the Singapore Straits a VLCC and a large container ship hit each other. Perhaps they need something better.

[luffness] 10/8/2016 08:37

relatively new here but it doesnt seem complicated - if you dont like the options and dont trust the board then sell and go somewhere else
I am staying put

[ramnik007] 10/8/2016 08:00

I guess vested interest does result in viewing things with 'rose tinted glasses'. If the options were well deserved, surely directors should have had the courage to get a vote from shareholders.

[2vdm] 10/8/2016 07:46

Thanks YumYum. At last something not to do with share options. Good to see a non-exec buying today too.

[hjb1] 09/8/2016 21:29

Kalkan; who's angry?...not me! and I always respect TP's well rounded views.

[kalkanite] 09/8/2016 21:26

HJB/Trident

By all means continue to post your views but please don't spoil what is up until recently a very good board by using personal attacks.

TP has given his views which I personally agree with but also understand why you are both angry, but TP has stated quite clearly that we are all entitled to our views so please also respect his views also.

PS - don't shoot the messenger :-)

[the prophet] 09/8/2016 21:22

Trident5No problems, the information was given to me by Mr Tucker.But please feel free to make your own enquiries.Whilst I have said that everyone is free to take their own view on the matter, I do resent the 'duped' phrase you have used.I first invested in SRT at 6 or 7p quite a few years ago and have been a close observer of all things SRT since. I have attended agm's , meetings and tried to understand both the management and the business.I try to run the thread in a sensible manner and welcome debate. It certainly has not been a smooth ride, but SRT have always been open and conducted themselves with integrity.They have their faults, like any other business. They have been to optimistic in the past and revenues still look like they will be lumpy going forwards. But I am absolutely adamant I have never been 'duped'.I can understand it if folks are not happy with some aspects. Fine. Accept, make your own enquiries, sell, buy, the decisions are there for us to make and we must do whatever we all see fit.But I would prefer it if posters didn't tell me what has happened or suggest I've had the wool pulled over my eyes without bothering to find out more.Thank you, and that really is my last post on this matterOver and out!