Srt Marine Systems Share Discussion Threads

[hjb1] 20/3/2018 13:53

I will wait for 10p or lower.Over to you Tucker, you do know it's against regulations to withhold info from the market.

[pugugly] 20/3/2018 13:44

SP action suggests (imo) news leaking and contract lost - but who knows - Lifeboats unable to launch as ship on beam ends - To continue natutical jargon . Buyers market - If one prepared to take a gamble in a force 8 gale approaching force 10. .

[hjb1] 20/3/2018 11:58

I bet the Laing's wished they had waited before they purchased over the last few weeks.Could have saved themselves a pretty packet.Good buying opp coming up soon.

[hjb1] 20/3/2018 11:37

Two year low, now that's what I call progress eh. conveyor belt or bus anyone? Pot of jam looking a bit sad now eh?

[hjb1] 20/3/2018 11:33

goodapple, whilst you stay and count your losses day after day hmmmm,lmao!

[piedro] 20/3/2018 11:28

scouse, just joined - Is that your 1° post ... ever?

[goodapple] 20/3/2018 11:28

Off you go then Pug. Be sure to take hjb and Kendo with you.

[scouse554] 20/3/2018 11:23

Also Kuwait gone. I thought we already had that one?

[kendonagasaki] 20/3/2018 11:22

Still overvalued here.Could be in danger of breaking banking covenants?

[hjb1] 20/3/2018 11:19

and if the miss is as I expect then I will also expect Tucker's resignation!!

[pugugly] 20/3/2018 10:53

Put on life jackets and prepare to abondon ship to save what you can (imo)

[hjb1] 20/3/2018 09:54

Let's face it the writing was on the wall after the last update 6 months ago.They would have needed to break all records and deliver more in 6 months (£12m+) than they have ever managed to do in a whole year.

[astralvision] 20/3/2018 09:35

looks like the share price is doing the announcing for us?
If they could hit the target that would be amazing, but i agree, it does look doubtful at this point.

[hjb1] 20/3/2018 08:52

As I have said, he will leave it to the last day claiming a big one could've dropped before year end,believe that if you want?? He can't hide for much longer now, he has to come clean and report the massive miss very soon.

[srtshare2] 20/3/2018 08:19

OH well. Sp slipped back so much.....ST has bluffed us again perhaps? Said under Aim rules he had to declare if wasnt going to hit target. No RNS so i assume we will hit target. Realistically it aint going to happen.

[srtshare2] 20/3/2018 08:19

OH well. Sp slipped back so much.....ST has bluffed us again perhaps? Said under Aim rules he had to declare if wasnt going to hit target. No RNS so i assume we will hit target. Realistically it aint going to happen.

[lavalmy] 19/3/2018 08:06

Talking of the French:

[srtshare2] 15/3/2018 15:33

Reading the tone of your posts i suggest u c a doctor.

[philburt] 15/3/2018 11:46

LaV - Many thanks for the input. Might be a slow burn this one, but another step in the right direction.

[lavalmy] 15/3/2018 10:47

This NEDA board is supposed to meet every six weeks or so, but doesn't seem to have done so yet this calendar year. More importantly, the membership has been pruned drastically and the previous process whereby once approved by the board a project had to undergo three different agency assessments, after which it had to be resubmitted for reapproval, has been changed. Now, once approved, that is it and all the necessary documentation is supposed to be dealt with there and then.

It seems that all large infrastructure projects and foreign funded projects go through this process and donor countries want to speed things up.

I have no idea whether the BFAR would feel the need to re-tender for the whole expanded PHILO project or whether they could go ahead with the original scope and tender only for the increase. Clearly, a full tender would slow things down.

As to the size, I seem to recall that $20 million to SRT was bandied about. Any increase would be unlikely to be material. If a further 5,000 boats were to be covered, that might increase it by $5,000,000. I understand that SRT is expecting a satellite revenue stream as well, so a maximum of $500,000 increase in that? Both nice, but I doubt there would be much of a difference in reaction if it is $25 rather than $20 million.

More importantly in the medium term would be to have a system installed in the fifteen big ports and 117 little ones and a reasonable number of boats covered. The Coast Guard is a completely different outfit and is set to expand enormously. They also have MDM in their sights. If the BFAR has a functioning system with all those base stations, RADAR's etc, it could well serve as starting point for a Coast Guard system.

[hjb1] 14/3/2018 16:29

why would Tucker change the habit of a lifetime?? also if you think a warning is priced in then you've lost your marbles.When the RNS drops the share price is well under 20p imv.
You see Tucker will wait until the very last moment before he announces a warning cos he will say a biggy could have dropped at the very last minute, just like he has done before, he has form!!
Is anyone really expecting a second half of £12m quid? get real, lol!

[effortless cool] 14/3/2018 16:21

Tucker's face is surely long since caked with egg, to the extent that his features are barely discernible.

Another layer is not going to make any difference. We might even view it as an annual tradition.

[yumyum] 14/3/2018 12:53

Something like that !

Should I buy more SRT shares now - they look very cheap - or wait for profit warning - only a weeks until end of financial year - in which case the shares will be cheaper?

[effortless cool] 14/3/2018 09:43

Are you having an existential crisis?