Srt Marine Systems Share Discussion Threads

[philburt] 02/3/2017 09:15

TP - aw, you spoil sport. I was set ready to buy up all those shares they were about to dump! Lol

[kalkanite] 02/3/2017 09:14

Where ?
Are you implying the offloading of a large position, while keeping the interest on the thread up ?

If TP has sold out then I would like to take this opportunity to thank him for his input at least since I joined here just under a year ago. He has never in my mind used any kind of ramping language here so if he has decided to move to pastures new in his investment theme he has my best wishes.

My point in my earlier post was that we all take a view on an investment, try to look at both sides of the arguement, put our money where our thoughts are and try to be the patient investor.

It is the patient part which is the most difficult aspect of investing and we have seen this week that some investors are spooked by the lack of feedback from both the large project and the VSP, this is only natural. From a personal point of view the story has not changed but unfortunately for investors it has not been reinforced either as such the chart tells the story.

The AGM revealed a very confident board that felt new projects were imminent even to the point of laying out jars of jam at the start, indeed SRT had just taken on 2 new project engineers to help them with the expected multiple projects. I did not believe this was any kind of clever staging to draw investors in and I still belive that now. The Indonesian contract more than underpins my investment thesis. There are 2 important dates ahead, the end of year update and then the final results that should be followed by forecasts for 2019. I will wait for this and then decide what to do.

EDIT: Good to still have you on board TP

[the prophet] 02/3/2017 09:11

Hi GuysI'm still around, least for a few more weeks.I tend to like to keep my private life private, but it's no big deal really.I'm not selling any SRT, the reasons for leaving advfn boil down to my yearly sub is up in a few weeks and I've given notice to leave. The main reasons revolve around selling our house and caring for two rather elderly and not in the best of health relatives. So now seems as good as time as any to spend less time posting.Sorry to dash the conspiracy theories.I think SRT will be just fine but timing of 'deliverables' seems tricky.Thanks for all the good wishesCheerstp

[yump] 02/3/2017 09:05

Anyway, if anyone wants to consider the business and not the current share price (oh look its 50%+ up from a year ago)...

If you do a bit of trawling on Google, there is a committment between Indonesia and Australia and Japan in the whole area of maritime security. So the stakes for SRT are as high as they ever were.

If you imagine the sorts of discussions that are taking place, its not surprising there is no running commentary from SRT. A few misplaced words could scupper things for them.

From what I can see Indonesia has a view of itself in general as a kind of warden in that area of the seas and they also boosted budget a couple of years ago by 3x for maritime security.

At least this is one way of keeping one's fingernails short. Apart from watching the rugby.

[qvg] 02/3/2017 09:04

i sense the same bad omens as srtshare2 and trident5. time to take profits?

[goodapple] 02/3/2017 08:56

Speak, TP.....

[yump] 02/3/2017 08:49

Where ?
Are you implying the offloading of a large position, while keeping the interest on the thread up ?

[srtshare2] 02/3/2017 08:46

Yes Trident, this feeling crossed my mind. Seen it b4.

[trident5] 02/3/2017 08:23

Yes. Where is TP going? He seemed to have the inside on SRT, and a long term and vocal advocate and is slipping away just as things are getting a bit nervy here!

[srtshare2] 02/3/2017 08:18

Trading update normally 2nd week in April. Lots been going on this year. They have been 'busy'....i hope this 'busy ness'translates to money in the pot. TP going is not a good omen.

[alter ego] 02/3/2017 00:00

fft, post 4438, been preoccupied so only just seen your question. I also said something along the lines of strategically material. In this case I'm assuming an order from a new territory which establishes the possibility/likelihood of further business is material enough to warrant an rns. It's obviously up to the issuer to decide what to rns but in this case, even if the revenue is below what might be guaranteed to need rns'ing, I think they are saying we have an important new customer. I would add that the recent order from KSA in October is similar - not that big but important for what it might lead to. Just IMO since I can only assess on what I see.

[yump] 01/3/2017 19:23

fft
At least its not a 'partnership' RNS. I've seen a lot of those from companies that really are trying to puff it all up !

I don't know if there is an exact set of rules for RNS's when it comes to AIM companies. Perhaps they should have a star rating.

[hjb1] 01/3/2017 16:10

cos I must be as bloody loopy like the rest of you!

[yumyum] 01/3/2017 16:06

Yes, that is a strange thing, kin!

[kinbasket] 01/3/2017 16:05

Why would you want to be included ? I really have no idea why you hold any shares at all.

[yumyum] 01/3/2017 16:03

...or conversely share buybacks/dividends with profits.

[hjb1] 01/3/2017 15:52

if I remember correctly ST said that if there was to be another round of funding then us PI's would be included, let's see what happens!

[2vdm] 01/3/2017 14:49

TP many thanks for all the info and views and like all the other LTHs here's,quick, I'll miss your input. Fwiw, I think alter ego has summed the current position up accurately for us PIs. I know that in the past ST used to keep an eye on this thread and I might email him to ask if he still does so.

[yumyum] 01/3/2017 14:17

Confidentiality I think precludes much information coming out.

We will have trading update in 6 weeks or so I guess, as usual.

Possibly an excellent buying opportunity.

[fft] 01/3/2017 13:55

Alterego. You say only sizable contracts are RNS'd. So if the African contract last month is sizable the situation is worse than we think. What was the value of that again ?

[dolores123] 01/3/2017 13:22

Irrespective of opinions and comments on this board the share price has tanked in view of lack of an update from the company and nerves about a fund raising.

I believe its about time the company issued a press release on the state of progress.

[hjb1] 01/3/2017 13:05

well there's gratitude for you!..typical

[obiterdicta] 01/3/2017 12:59

The signal noise ratio is exceptionally good on this board. We know who the noisy one is. We also know who emits signals in the form of reasoned analysis. OD

[alter ego] 01/3/2017 12:43

I think it's perfectly obvious who I'm referring to. What matters is how that person responds.