Srt Marine Systems Share Discussion Threads

[hjb1] 19/9/2016 22:52

Kalk, as usual we'll just have to let the market decide what happens.

[yump] 19/9/2016 22:49

The nice thing is that odd bb posts whether pro or con, make sod all difference to the share price, so all the hidden wishes are actually a waste of time, apart from just venting opinions.

fwiw I see this investment very, very simply.

It was bottomed out at 20p, with repeated disappointments.

Now its worth just over twice as much with the Indonesian announcement, which if it comes to pass as expected, makes the share price weirdly low.

If it had had a solid revenue base over say 3 years at say £12-15mln annual turnover, at say a share price of 30p and then the Indonesian contract had been announced, I think it would have tripled in a short space of time and stayed up.

So there's a disconnect, which presumably is simply down to disbelief, as a result of 'previous'.

[kalkanite] 19/9/2016 22:36

hjb1

I don't quite understand what you are trying to achieve with your posts? Your content can be construed as a deramper who is trying to encourage holders to sell their shares so that you can buy the shares at a lower price as such you seem to throw any negative thoughts that you can come up with. Yet I don't believe that this is actually the case? or is it?

I think it quite healthy to see both sides of an argument but you are doing it constantly. You have been invested in SRT (at least I think you have) for longer than I have, is that still the case? Only your remark SP very volatile atm..MM having games, will stay clear for now. appears to contradict the fact that you are invested at all.

Are you just incredibly frustrated and feel that constantly being negative is an outlet for this?

It will be news that will drive the share price one way or the other, any movement in between is mostly sentiment.

BTW, you say "Market cap = overvalued" Could you possibly give a breakdown of how you come to this conclusion? I have done my calcs and consider the fair value of SRT to be between 55 & 60p. My calculations made many weeks ago on this thread.

[trident5] 19/9/2016 18:04

But you weren't at your desk working 2vdm.

[hjb1] 19/9/2016 18:00

some would say;

Market cap = overvalued
Indo deal..might be £70m...(conditions apply) could end up very little..( read USA + others )
VSP. finger in the air it seems .Heard it all before!
SP very volatile atm..MM having games, will stay clear for now.

[countryman5] 19/9/2016 17:41

Market cap £54 million, little debt. Indonesia contract about £70 million (Could be higher with weak pound?) and 50% margin on sales. VSP £200 million?

[hjb1] 19/9/2016 16:02

inc you eh yump!

[yump] 19/9/2016 15:59

I'm sure nobody on here trades, despite apparently being on the board all day.

[hjb1] 19/9/2016 15:13

just MM making a few quid, but it's at ever lower levels it seems!

[obiterdicta] 19/9/2016 15:05

HJB1

But it's closer to 30p than 60p now - so you are stacking the odds in your favour.

The current moves are on low volume so I am ignoring the market. Predicting short term price moves is a mugs game.

OD

[hjb1] 19/9/2016 14:41

I'll wager that it will be closer to 30p on poor update.

[obiterdicta] 19/9/2016 14:37

Don't believe anyone who says they can predict the price action.

This may go to 30p in its next move, it may go to 60p.

A poor update could see 30p or it could have a bounce as a poor update priced in.

Another contract win and it bounces back above high of 60p.

Who knows? Certainly no one on this board.

OD

[hjb1] 19/9/2016 13:31

yump/chump....don't trade mate...and already said it could go to 30p..please keep up will ya! lol.

[yump] 19/9/2016 13:15

Then you'll be able to trade it again.

Why not say 30p and have done with it.

[hjb1] 19/9/2016 12:47

I'm not expecting anything either, that's why I think the share price will go lower.

[kalkanite] 19/9/2016 12:17

To be honest I'm not expecting anything from the update for the first 6 months, but keen to hear how the Indonesian project is developing.

As mentioned many times on here, the value of SRT is all about conversion of at least some of the VSP over the next 12 months.

[kalkanite] 19/9/2016 11:53

Shhhhhhhs

I'm trying to fill a buy order at 42.5p but I think I left it too late.

EDIT: Have you just received your back of the sofa money LaV?

[hjb1] 19/9/2016 11:44

as predicted, people fed up and moving on before update arrives.I can't see 40p holding at this rate?

[hjb1] 16/9/2016 18:34

"The Netherlands announced $1 million for the development of a device called a “black box” that can be installed on fishing boats to continuously monitor and track vessels and provide opportunities to improve compliance with fisheries regulations".

What's that all about then?

[kalkanite] 16/9/2016 17:33

Thanks LaValmy

That's an interesting point that I was not aware of.

[lavalmy] 16/9/2016 17:05

kalkanite

Broadly speaking yes, in the new fishing fleet applications, which are really more national governments protecting their EEZ's and their onshore security, the collision avoidance origin of AIS has been more or less abandoned.

Identification has not been dropped at all, far from it, but it is the government that identifies not other boats.

In contrast, in the West where AIS might take off as something useful for boat-owners to avoid colliding with each other, it is essential that all boats potentially colliding witn yours are seen by you and identified so that you can call them directly by name.

Neither market has yet taken off, but it looks like the project-based adoption will happen long before significant voluntary adoption.

[kalkanite] 16/9/2016 16:09

"The bulk of the small boats will be fitted such that the authorities can see them, but they cannot see each other"

The original idea of AIS being an anti collision device and enabling a boat to communicate by name across a radio frequency does not exist on the fishing fleet then?

I appreciate that AIS is expanding its ability as a service but I am somewhat surprised that identification has been dropped for fishing fleets to protect their favoured fishing locations.