Srt Marine Systems Share Discussion Threads

[yumyum] 20/9/2017 23:33

yump...400p !!!???? Are you joking ?

For a key player in such an amazing market I think a premium would be justified, surely? £10.00 per share has a certain ring. Those crazy defence companies would not really sneeze at a billion pounds. After a few share buybacks that would be about right.

[yumyum] 20/9/2017 23:27

yes, astralvision I am expecting them to be signed before March 31st 2018 and I expect them to then complete over 3 years, not longer, probably shorter.

[astralvision] 20/9/2017 23:22

revenue from those projects over the next few financial years.Hit the 'submit' button by mistake on last post, there doesn't seem to be an 'edit' facility on mobile devices.

[astralvision] 20/9/2017 23:20

YUMYUMIf I understand you correctly, you are looking for the 4 projects worth £60m to be signed up before the end of this financial year?Some of those projects are expected to take around 2 years to complete, so it would be reasonable to expect the

[yumyum] 20/9/2017 23:11

...and I believe in not too far from £60m contract orders before year ending 31st March 2018. Happy with £45m, unhappy with £15m.

[yumyum] 20/9/2017 23:03

I believe it anyway !

;-)

[yumyum] 20/9/2017 23:02

Fair point trident5. What they say is only that the management team is confident in delivering a £270m validated sales pipeline (VSP) of projects currently in discussion,
but they (finnCap) must have belief in that surely?

I will amend my comment above accordingly.

[trident5] 20/9/2017 22:45

"Keep in mind that finnCap have in some way audited/vetted the above figures"

Er, no - they have not audited the figures - and I'd like to know what you mean by "vetted"

[yumyum] 20/9/2017 22:36

As a reminder, the current status is:

•
14 system sales opportunities valued at approximately £270m
are in current validated sales opportunity pipeline (VSP)
•
Of these, 4 are valued at £60m are considered to be in the
final stages before contracting

Sourpuss will have his howl of course. Rightly in many ways. I say...let's see.

Meantime we have a profit-making company well positioned in a vast newish market (with competition, admittedly).

Keep in mind that finnCap have in some way audited/vetted the above figures (subsequent correction...not audited/vetted but they presumably believe in that), so they are not totally pie in the sky.

Looking forward to the boring takeover in due course. Meantime onward and upward. Some juicy contract award will knock us straight back above 50p.

[countryman5] 20/9/2017 17:44

Goodapple. My understanding is that Director transactions need to be notified within a couple of days.

[goodapple] 20/9/2017 17:16

Countryman5: I presume if any of the more substantial buys during the past week or so were by the new Chairman, he would have had to disclose them by now?

[hjb1] 20/9/2017 11:24

'Have the projects been abandoned / gone elsewehere'?.... answer; yes and yes..

[extrader] 20/9/2017 11:19

Hi hjb1,

Yes, I do agree. "When the facts change, etc...".

The timeline envisaged in Feb 2015 was clearly optimistic. Is/was it unreasonable, though ? Have the projects been abandoned / gone elsewehere ?

I guess we each have to take a view on that.

It would be good if we could find a way of turning heat into light.

ATB

[extrader] 20/9/2017 11:00

Hi hjb1,

You don't have to apply your own filter !

You could simply report back what he says and let each of us decide what to make of it.

ATB

[hjb1] 20/9/2017 10:43

ha ha! cos I don't believe a word he says!!

[extrader] 20/9/2017 10:36

Hi hjb1,

Rather than ask a rhetorical question, why don't you contact Simon yourself and share the reply.

Now THAT would be a useful contribution !
ATB

[hjb1] 20/9/2017 09:46

onwards and downwards to 30p...Just what did happen between SRT and ExctEarth??

[yump] 19/9/2017 21:38

Onwards and upwards to 100p.

[hjb1] 19/9/2017 19:27

exactEarth Announces Agreement with Alltek Marine to Expand Small Vessel Tracking Service Offering

Cambridge, ON –September 19, 2017 – exactEarth Ltd. (“exactEarth”) (TSX: XCT), a leading provider of Satellite AIS data services, announces that its exactTrax™ small vessel monitoring technology is now incorporated into Alltek Marine Electronic Corp’s (AMEC) AIS Tracking Beacon (TB560). The AMEC TB560 is a simplified Class B AIS device that offers an efficient and cost-effective vessel monitoring solution within AIS VHF transmission range. Now outfitted with exactTrax technology from exactEarth, which extends small vessel tracking beyond traditional coastal surveillance, the AMEC TB560 can reliably be detected from space.

exactTrax allows for the secure transmission and reliable detection of signals from the millions of artisanal and small-scale commercial fishing boats and small commercial work boats currently operating around the world. Monitoring and tracking vessels equipped with exactTrax-enabled transceivers supports safety of life at sea and delivers an unprecedented ability to immediately respond in emergency situations. Tracking these vessels can also provide critical intelligence into a variety of marine applications such as fisheries protection, environmental preservation, and maritime surveillance/security through improved ‘dark’ target analysis.

AMEC’s TB560 unit is uniquely equipped with an optional smoke detector and water submersion detector for additional safety alerts that can notify operators immediately of security incidents aboard the vessel.

“We are very pleased to add Alltek Marine to our growing list of partners for our small vessel tracking offering,” said Peter Mabson, CEO of exactEarth. “Embedding exactTrax within the innovative TB560 gives us the opportunity to reach even more potential users worldwide and offer customers real choice in their platform options.”

“Entering this agreement with exactEarth is very exciting for the AMEC team,” said H.A. Chen, President of Alltek Marine. “We have worked hard to establish our industry-leading TB560 beacon and now partnering with exactEarth for enhanced long-range tracking of our devices will offer a distinct advantage to our growing customer base.”

For more information, visit the exactTrax webpage.

About AMEC

Alltek Marine Electronics Corp., also known as AMEC, specializes in designing and manufacturing of high-quality AIS products. AMEC was founded with the mission of offering the best marine electronics for navigation, communication, and safety. In pursuing this goal, AMEC is committed to delivering AIS solutions to meet customer expectations for qualities, performances, values, and services. AMEC AIS solutions cover from commercial vessels, fishing vessels, leisure boats, personal safety and Aids-to-Navigation. AMEC’s business also encompasses custom solutions from board level to modules and from OEM/ODM to tailored-made products, to fulfill diverse customer needs. Alltek Marine is a majority owned subsidiary of Alltek Technology Corporation group which is a public listed company in Taiwan since 2004. For more information, visit www.alltekmarine.com

About exactEarth Ltd.

exactEarth is a leading provider of global maritime vessel data for ship tracking and maritime situational awareness solutions. Since its establishment in 2009, exactEarth has pioneered a powerful new method of maritime surveillance called Satellite AIS (“S-AIS”) and has delivered to its clients a view of maritime behaviours across all regions of the world’s oceans unrestricted by terrestrial limitations. exactEarth has deployed an operational data processing supply chain involving a constellation of satellites, receiving ground stations, patented decoding algorithms and advanced “big data” processing and distribution facilities. This ground-breaking system provides a comprehensive picture of the location of AIS equipped maritime vessels throughout the world and allows exactEarth to deliver data and information services characterized by high performance, reliability, security and simplicity to large international markets. For more information, visit www.exactearth.com

[countryman5] 19/9/2017 17:04

A few trades today, but do they include some of the expected purchases by our new chairman? Perhaps he is prevented from buying by virtue of being an 'insider'

[piedro] 18/9/2017 01:10

yawn ....
... tiresome takeover talk

[hjb1] 17/9/2017 23:09

ha ha! not sure what you are smokin' Yum but can I have some? It must be nice in your fantasy world. lmao!

[yumyum] 17/9/2017 22:43

A strategic takeover is almost certain.

Hold my hand Henry holds for just such reason.

£2 ?