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SRT Srt Marine Systems Plc

29.60
-0.40 (-1.33%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Srt Marine Systems Plc LSE:SRT London Ordinary Share GB00B0M8KM36 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -1.33% 29.60 29.00 30.50 30.00 29.75 30.00 125,959 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 30.51M 69k 0.0004 743.75 57.26M
Srt Marine Systems Plc is listed in the Communications Services sector of the London Stock Exchange with ticker SRT. The last closing price for Srt Marine Systems was 30p. Over the last year, Srt Marine Systems shares have traded in a share price range of 28.50p to 68.00p.

Srt Marine Systems currently has 192,457,939 shares in issue. The market capitalisation of Srt Marine Systems is £57.26 million. Srt Marine Systems has a price to earnings ratio (PE ratio) of 743.75.

Srt Marine Systems Share Discussion Threads

Showing 21126 to 21149 of 29875 messages
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DateSubjectAuthorDiscuss
31/7/2017
07:09
Biggish sells - smallish buys - According to ADVFN software - Early yet but near the 20% guess markdown -

amt:> share price was priced (imo) to perfection - Going to be an interesting day - Just goes to show payment is key -

anyone any ideas - or rumours in the maket as to which country has postponed ?

pugugly
31/7/2017
07:05
Pe of 38 shows the market is expecting a lot. Todays announcement is hugely disappointing. Over the years SRT never fails to disappoint.
amt
31/7/2017
06:34
The RNS is clearly disappointing for existing shareholders and management. Will it affect share price? Any institution or potential shareholder will hope so, thus providing an opportunity. Market makers will probably drop the price first thing but will this tempt the sellers? I am expecting a drop, buyers hold off for the lower price and a sudden bounce back when the buyers, if any, return.
This is a game of poker for those wanting stock. How long do we wait?
If the RNS had said that the rescoped contract is now up and running with a new value in excess of the previous contract, I would have expected the share price to double at the opening today. The reality is that there was nothing in the share price for this contract.
I note that the RNS did not downgrade their forecast for the year, which they would have been obliged to do if today's RNS was relevant.
The company clearly believes that the big contracts, primarily from the middle East cluster, are imminent. They are putting in place the the structures that will be required to handle them. The impairment does not affect the cash position. An interesting week for those with cash who can handle a game of poker.

countryman5
31/7/2017
06:23
" The net effect of this will be an exceptional profit and loss account impairment charge of GBP1.5m in the current financial year (Year ending 31(st) March 2018). This figure includes the write back of associated accrued project costs such as equipment as well as all Directors bonuses that were accrued but not paid in the last financial year. (Year ending 31st March 2017). The associated net receivable of 2.2m is written off within this impairment charge. Upon recommencement of the project these monies will be paid, contractual deliverables completed along with associated revenues.

Simon Tucker, CEO of SRT Marine Systems plc said: "The receipt of this news was both surprising and disappointing. This is the only project where SRT is not actively engaged with the end customer at a senior decision making level and thus we must rely entirely on our customer for information and instruction. There is a clear imperative for the country in question to significantly enhance their maritime domain awareness and this fact is reflected in the formal letter from the end customer which confirms the validity of the contract and that the project will recommence in their new financial year. However with an indeterminate restart date and therefore payment date it is right that we maintain a prudent accounting approach and make a full provision at this time. However I note the clear and formal commitment from the end customer to this project and to move forward with it during 2018. Thus this remains a very significant pending project for SRT."

How much o0f a fall ? Minimum of 20% Guess.

pugugly
31/7/2017
06:20
Terrible announcement, but as some expected. Glad to see they are being proactive with a web-cast at 8am. Can't see it stopping the share price falling significantly.
18bt
28/7/2017
08:57
Extrader Donald Trump to a T
tonsil
28/7/2017
08:45
If SRT's webcasts are indeed to be every three months as stated by ST last time, we should be due another one in August. It will be interesting to see if there's any mention of the trade debtor position.
I presumed that scheduling of webcasts quarterly was an indication that the news flow itself was likely to accelerate.
This time Rodney, this time.

goodapple
26/7/2017
10:22
Hmmm! now I wonder why you have that piece..must be relevant to you Extrader.I was told some time ago not to argue with idiots as they will wear you down and beat you with experience, so as you fit the category I will not engage with you anymore.
hjb1
26/7/2017
09:45
Hi all,

Thought some of you might appreciate this :

..."In the field of psychology, the Dunning–Kruger effect is a cognitive bias wherein persons of low ability suffer from illusory superiority, mistakenly assessing their cognitive ability as greater than it is. The cognitive bias of illusory superiority derives from the metacognitive inability of low-ability persons to recognize their own ineptitude"


Or in other words, they're too stupid to know they're stupid. D-K sufferers never adjust their view of themselves regardless of feedback - so, for instance, consistently being in the bottom quartile in exam results never changes their opinion that they're better than most of their peers. Unsurprisingly they're terrible investors but come across with utter certainty.

One useful way of recognising D-K on bulletin boards is that they're not very good at punctuation; theyTend to, randomly Capitalise words for NO apparent Reason! Debating with these people is an Exercise in Utter FUTILITY!!!!

Made me laugh, anyway !

ATB

extrader
26/7/2017
08:51
Yum, didn't need to as it was just a continuation of previous convo, but if it makes you feel better I will change it..lol!
hjb1
26/7/2017
08:36
Capital letters at the beginning of sentences please hjb1.
yumyum
25/7/2017
23:23
Hjb/backy filtered. This time, for ever you unpleasant, arogant troll.
alter ego
25/7/2017
22:08
yeah right you have, another telling porky pies,..Tucker Sucker....ha ha!
hjb1
25/7/2017
21:48
Philburt - Sorry can't help as I also have him on filter
piedro
25/7/2017
15:59
yes 'keyboard warrior' that's me eh Tucker Sucker, but also with far superior knowledge/info on SRT than you.
hjb1
25/7/2017
15:47
trust me, he would NOT answer mine! and obviously all the others are too wimpy.
Philburt has me filtered..ha ha yeah right! you know you haven't.

hjb1
25/7/2017
15:43
Hi astralvision,

hjb1's obviously a keyboard warrior. 'Nuff said.

ATB

extrader
25/7/2017
15:38
I've never seen him not answer a question at the AGM
Go on, entertain us.

astralvision
25/7/2017
15:37
Piedro - I have to agree. If you cast bread on the waters, don't do it from a bridge. You'll draw out the trolls....
Personally, I have him filtered but I'd be grateful if you'd tell me if he says anything to add to the sum of our knowledge here....

philburt
25/7/2017
15:31
ha ha! Tucker won't answer my questions so no point and anyway I don't believe much that he says nowadays anyway.
hjb1
25/7/2017
15:14
hjb, were you at the AGM at all? Would be good to see you there and you could get to ask those hard questions face to face to Mr Tucker. Or, if not, next year?
astralvision
25/7/2017
15:11
hee hee hee hee!!!! a forum full of TUCKER'S SUCKERS LAPDOGS..LOL!
hjb1
25/7/2017
14:55
Happens every time the price drifts down I'm afraid
smartmoney100
25/7/2017
14:49
Hell, you've woken him up !!

- caught, hook, line and sinker
- please don't feed the trolls

piedro
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