Share Name Share Symbol Market Type Share ISIN Share Description
SRT Marine Systems LSE:SRT London Ordinary Share GB00B0M8KM36 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25p -0.90% 27.50p 181,573 11:00:10
Bid Price Offer Price High Price Low Price Open Price
27.00p 28.00p 27.75p 27.10p 27.75p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 11.0 1.2 1.1 24.1 38.43

SRT Marine Sys (SRT) Latest News

More SRT Marine Sys News
SRT Marine Sys Takeover Rumours

SRT Marine Sys (SRT) Share Charts

1 Year SRT Marine Sys Chart

1 Year SRT Marine Sys Chart

1 Month SRT Marine Sys Chart

1 Month SRT Marine Sys Chart

Intraday SRT Marine Sys Chart

Intraday SRT Marine Sys Chart

SRT Marine Sys (SRT) Discussions and Chat

SRT Marine Sys (SRT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:06:2727.2250,00013,610.00O
12:51:4227.802,446679.99O
10:26:1027.8010,0002,780.00O
10:10:1827.201,000272.00O
10:00:1827.088,7482,368.70O
View all SRT Marine Sys trades in real-time

SRT Marine Sys (SRT) Top Chat Posts

DateSubject
20/6/2018
09:20
SRT Marine Sys Daily Update: SRT Marine Systems is listed in the General Financial sector of the London Stock Exchange with ticker SRT. The last closing price for SRT Marine Sys was 27.75p.
SRT Marine Systems has a 4 week average price of 25p and a 12 week average price of 19.50p.
The 1 year high share price is 48.50p while the 1 year low share price is currently 19.25p.
There are currently 139,742,419 shares in issue and the average daily traded volume is 60,092 shares. The market capitalisation of SRT Marine Systems is £38,429,165.23.
01/6/2018
21:40
yumyum: Boadicea, I think those with a nose for timing will be buying irregularly for the rest of the year until the share price reaches 45p....75p...125p....and ...as I expect still this year...some takeout price. This current price of 30p is remarkably cheap. I really hope that finnCap present a different share price scenario before the end of the year.....otherwise there will be some sad faces compared to market price and takeout price. I would think an easy doubling of money before Christmas. Might need to sit tight while hjb1 has a whinge for a month or two, of course. Choose your month wisely, eh ? ;-)
31/5/2018
09:00
eagle eye: LaVal, I was told by SRT that UK Export Finance became available during the roadshow and this was the reason for the delay. I have no idea of the reason for the share price collapse and leak. I can't see why UKEF would have a negative influence on the share price as it de-risks SRT as well as being a cheaper source of finance.
26/5/2018
16:18
lavalmy: C5 CLS is by far the market leader in long range tracking of fishing boats (and other things such as fish). Nothing has prevented CLS from winning the contract as they are subcontracting to SRT the infrastructure and transponder side of the contract - they used SRT for the transponders in Phase 1 and are obviously pleased with the way it works (now much improved). The bidding document is rather specific about having several large fishing boat tracking systems already operational and no-one else does to the best of my knowledge, at least not French. CLS runs the Indonesian system and the Vietnamese system as well - these are for the biggest fishing boats. I think that bodes very well for SRT as these countries aim to expand coverage. You should read Tuckers reply linked below which explains the difference between legacy systems and what SRT can now do. It ties in quite well with HJB's recent quote of SRT's marketing blurb - 40% cheaper etc hTTps://uk.advfn.com/cmn/fbb/thread.php3?id=34273118&from=5675 I think it is rather helpful for governments to assist their companies to develop their overseas business, particularly in areas where the developing countries may not see the immediate benefits of this sort of investment or have more pressing needs. CLS had government backing in Vietnam and Indonesia. I am also reasonably sure that CLS suggested to SRT that they too try and get UK space programme support for SRT's Vietnam project - unfortunately that attempt failed. I understand that the UK did pay some £20 million as a grant to Airbus for them to develop a cheesegrater type of RADAR satellite. Possibly instead of bemoaning French support for their businesses, you might find another target closer to home? CLS is reasonably acquisitive but in very specific segments. I doubt that they have any interest in SRT. Maybe Airbus, Thales etc might in the future. Expletive I am not talking about the leak. I am talking about short selling by an insider of some 300-400k shares twice. After the extreme share price drop the second time, then the Standard printed its story which included clear reference to the drop. As I say, this happened twice in three months, at a small scale for small profits by someone who doesn't seem to be very good at it.
23/3/2018
07:54
countryman5: I concur with LAv's three options and there will probably be a RNS next week. I don't believe the NOMAD would allow No 1 at this late hour. Of 2 and 3 I support No. 3. Both of these would result in a serious share price rise. If the share price is at this level at the time of the RNS then I expect SRT to appear at the top of the share price rise leader board.
12/10/2017
15:19
juzzer100: Here's the email:After another disappointing trading update, it's time to sell SRT Marine. SRT Marine makes "black boxes for boats": gizmos that identify boats, and show their location. At the moment, the oceans are a free for all. Nobody knows which boats are moving in and out of national waters. Coastguards want boats in their jurisdictions to install black boxes, like those made by SRT, to keep an eye on everybody.And SRT has landed some big contracts from foreign governments, like those of Bahrain and Saudi Arabia. Other overseas governments have made positive sounds about kitting out their fleets with SRT devices. The "pipeline" of "potential" orders is huge: "a £77m contract order book... a validated pipeline of new sales opportunities worth up to £270 million". In the context of a £50m small cap, these are big numbers. But having said that I've decided to sell SRT, for a 26% loss.SRT has always had loads of potential. That's not in doubt. It makes the best kit of its type in the world, and some big customers are showing interest. The problem is that sales are excruciatingly slow in coming through. At some point you have to ask whether these orders are just pipe dreams.As I said the last time I reported on the company, "SRT has been spinning this yarn for a number of years now. Certainly for a few years before we invested in the stock in March last year. And it trades on a punchy multiple of 6 times sales, so a few of these future deals are already baked into the share price." As ever, the CEO Simon Tucker is confident. He says "we have several projects which are either pending or under contract, therefore we look forward confidently to the second half of this financial year." I don't share his confidence. If SRT were going to do it, it would have done it by now. Time to SELL SRT Marine (AIM: SRT).
17/4/2017
09:03
countryman5: I suspect that the company is trying to balance different interests. It wishes to keep the market informed about financial prospects and yet it has to allow its customers confidentiality. It also does not wish to disclose to one customer what it has charged another. I suspect that the recent vague announcement regarding a ME country will become the norm for future major contracts. If I remember correctly, at the 2015 AGM we were told that there was a validated sales opportunity pipeline VSOP(three year)of £200 million. Shareholders reached for the salt cellar. At the 2016 AGM the presentation stated VSOP of £200 million plus an order book of £70 million. Will the company inform the market with regular upgrades of order book and VSOP, rather than stating size of each contract? Just read an article in the Economist about Aadhaar in India. Apparently 99% of indians have an identity number based on their biometric identity. India is clearly ahead of the world with this and we are told that SRT is in the running to supply identifiers on fishing boats to prevent another Mumbai attack and also to control fishing. Could each identifier be linked to the iris of the fishing operator? The world is fast changing and SRT is in the lead with AIS technology. PS. What will be the SRT share price at 8.05 am on June 7th.?
13/4/2017
09:11
yumyum: I agree kalkanite. If 'excellent progress' translates shortly into one or more new projects under contract then there will three (or more) contracts running concurrently. That should put pretax profits for the year ending March 31 2018 at over £10m in my opinion. SRT share price looks seriously undervalued. It is below the radar still (should use satellite AIS!). I look forward eagerly to house broker finnCap's profit forecast.
06/6/2016
09:00
yumyum: VSP over 3 years is over £200m, plus up to $100m order book over 3 years...so approx £270m? Or is the $100m still part of the VSP? How much of that VSP can be nailed down to firm orders? Fifty percent would mean £33-45m per year. If that is achieved then SRT share price should be well north of £1 as soon as there is another decent order (which could be imminent).
17/3/2016
16:05
yumyum: One can possibly detect a new found resilence in SRT share price.
16/3/2016
18:46
the prophet: hjb my view is LaV could be right re the £1.50, not sure when we will get there, but, imo, £1.50 and beyond is definitely 'on'. Why? These MDM projects are looking a lot bigger than the VSP pipeline indicated. It seems , and how nice is this, SRT might have down-played things with the £100m VSP or whatever it is. Ok, we've only got the latest 'biggie' just signed, but, assuming it is Indonesia, the value is a significant uplift on the figures given at last years agm presentation. And it is not a lone cases, others include Ecuador, substantial multi uplift, Mexico, large uplift. I'm sure there are or will be others where the value gets uplifted. Then there is ABSEA, ok, we're not earning anything from ABSEA yet and we are not sure of the pricing structure, but on indonesia alone ABSEA could be worth £1/share to SRT. imo. Might be a lot less, who knows, but its just one country. And take EE's 1m small vessels tracked by the end of the decade. If that comes to pass then you can work out the anticipated effect on the SRT share price, could be anything from a few quid up to £5 or £10, and that's not including the existing business. Pie in the sky with the shares at just over 30p? Who knows, but its all heading in the right direction and I can see plenty of scenarios where LaV's £1.50 looks 'cheap' imo, as ever,please dyor
SRT Marine Sys share price data is direct from the London Stock Exchange
add chat code
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20180620 13:28:20