Srt Marine Systems Share Discussion Threads

[pandeck] 31/3/2017 21:13

hjb1, where have you suddenly got £15 million revenue from?

You had been suggesting up to a 40% shortfall on the broker forecast of £12 million not so long ago.

Why the sudden change of mind?

[obiterdicta] 31/3/2017 20:17

Fair enough. Let's see what next week brings. Good news we hope.

[hjb1] 31/3/2017 19:59

didn't say I was subtle, have you been having an early Friday tipple? lol.
Anyway just telling the facts as I see them...show me the money!! let's see what the update brings, as I said at or above £15m should be a minimum anything less.????

[obiterdicta] 31/3/2017 19:51

HJB 1 I must review your posts for evidence of subtlety and nuance or indeed insight.

[hjb1] 31/3/2017 19:25

cos you ain't that subtle are you??

[obiterdicta] 31/3/2017 18:57

Hjb 1 why are you assuming I was referring to you? OD

[hjb1] 31/3/2017 17:50

obit..ha ha! never promised anything pal!..let's wait for the results shall we before you start blowing your trumpet eh!I'm allowed a day off you know!! ha ha!
If the results turn in £15m+ then I will gladly say well done to all at SRT...IF not then ????

[kinbasket] 31/3/2017 17:40

It looked like the offer dried up and there were no shares. I'd be surprised if it was some leaky trading (i.e TU) as SRT has historically been very tight.

[the prophet] 31/3/2017 17:21

Could be anticipating a TU next week?

[fredfishcake] 31/3/2017 16:24

Must have been tipped somewhere; it was quiet all morning then shot up.

[obiterdicta] 31/3/2017 16:11

Where's the resident nostradamus, wasn't he promising us that we could pick these up for 20p soon? That looks to be a very poor prediction. He's gone a bit quiet, may be he is learning something. OD

[kalkanite] 31/3/2017 15:42

Something afoot?

Perhaps it's the £80m of revenue that is due to hit the balance sheet over the next 2 years. Not bad for a £40m cap company with gross margins of circa 50%

[effortless cool] 31/3/2017 15:36

Something afoot?!

[donemyhomework2] 31/3/2017 15:35

Heading for 40p!!!!

[piedro] 31/3/2017 12:04

Big Data Makes Smuggling Harder to Hide
Israeli firm Windward was founded to collect, vet and analyze AIS, along with a variety of other commercial data sources on maritime traffic ... ...


- do SRT use their software?

[yumyum] 30/3/2017 22:40

...but as hjb1 might rightly say, it is not exactly a 'deliverable'. It does not offer 'handholding' comfort or clarity. Where is the cash...and profit on the bottom line? I think the 'deliverable' concept was a bad one at the outset and I would hope to see that concept of reporting retracted by SRT. National defence is an extremely sensitive issue.

[yumyum] 30/3/2017 22:28

ST's next target is 75p per share. The one after that is £1.25.

Mine is a bit higher, for the takeover.

[alter ego] 30/3/2017 19:03

Think you've hit the nail the head there kinbasket. This is clearly not a trivial contract or we would have been told it's $nnn worth. There's no point in hiding a small value. So, I assume it's quite a big value and as such SRT do not wish or need to tell anyone how much their customer is paying. It will simply appear as revenue further down the line at which time we won't know how much comes from A or B or C.

[smartmoney100] 30/3/2017 19:01

One day they'll get their act together

[kinbasket] 30/3/2017 17:09

Dolores, it may not be just the country that wants to keep the value secret. Who is paying how much and for what is also contractually sensitive for SRT. They are busy negotiating contracts with the neighbours after all.

[dolores123] 30/3/2017 14:52

Why would a country want to keep its AIS etc capability secret? Wouldn't it help to deter the bad boys??

[dieseltaylor] 30/3/2017 14:45

Could the amount give a hint as to the country concerned and thereby mean a lot of conjecture that may be accurate? I CAN understand why it would not be mentioned.

[sebass] 30/3/2017 14:38

With one day left to the year end maybe they have not finalised the amount yet but need positive news in advance of what could be a dissapointing trading update?