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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
  4.00 12.7% 35.50 35.00 36.00 36.20 28.75 29.00 2,928,561 16:23:48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 18.9 -6.9 -3.9 - 58

Srt Marine Systems Share Discussion Threads

Showing 26426 to 26448 of 26450 messages
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DateSubjectAuthorDiscuss
11/4/2021
10:27
alter ego - If US involved Remember America First. SRT most unlikely to be involved in a major way as USA will want and possibly require that their companies have lead participation (imo)
pugugly
11/4/2021
09:05
hTTps://www.bloomberg.com/news/articles/2021-04-11/u-s-philippine-defense-secretaries-discuss-south-china-sea Us and Philippines defence secretaries discus Chinese encroachment - USA propose to "deepen defense cooperation between the the two countries, including “enhancing situational awareness of threats in the South China Sea,” according to an official U.S. readout of the call. Both officials pledged to stay in close contact." I wonder by what means that could be achieved and how the US might be involved.
alter ego
11/4/2021
08:24
Is Vietnam likely to be in the frame or are they still dragging their feet?
alter ego
11/4/2021
08:19
Goodapple Possibly some of the neighbours have already heard good things about it, given the four new Asian projects. One of these I take to be Bangladesh, another possibly the small Philippines one (c.$5million). That would leave two of around £16 million each, so GeoVS hub and control centres plus some transponders. The view I got from SRT some time ago was that budgets might be scaled back in the near term but that they were hopeful that some of these countries would go ahead with the basic central infrastructure with more to be added in the future as budgets allow. From the projected sizes this seems to be happening. Some detail will no doubt be provided as they are signed.
lavalmy
10/4/2021
19:01
Sentiment towards SRT will change for the better and sharply when the first contract is confirmed by RNS, whichever contract that may be. It will be seen as the first of the buses. And as the Philippines contract nears completion we can look forward to the installed system delivering what is promised in terms of security, fishing oversight etc etc. Assuming SRT delivers everything it says on the tin, no doubt the rest of the maritime world will get to hear about it from a satisfied customer. I stay invested.
goodapple
10/4/2021
16:37
Pinkfoot2 - my point is only that we all do have a choice. Either stay invested for potentially large returns or divest now for a modest gain.
philburt
10/4/2021
15:30
FFT has a point-revenue recognised in 2017 ME contract has ahem not converted into cash.That’s 4 years. We have to give them the benefit of the doubt-no choice really
pinkfoot2
10/4/2021
13:30
ffr - how many shares you got for sale? I might be up for buying a few more...
philburt
10/4/2021
12:09
These contracts have been 'imminent' for over 2 years - maybe longer ! Half of it was pre-covid. I think that is more than long enough, especially if they are critical to the countries maritime borders/security as some posters here like to maintain.
fft
10/4/2021
09:28
Just on the subject of contract signing, a multi-million security-sensitive contract with a government is not a sheet of A4 that can be signed remotely on Google Docs or something similar. Even when blockchain contracts are fully established in say 20 years, I can’t imagine these contracts being concluded on one.
yump
10/4/2021
09:19
To be fair, the story is pretty much the same-it’s all about tomorrow.But will tomorrow come?We hope so. Most of us have been in a long while and the investment decision is in part influenced by fear of walking away only for the jam to turn up!Offering great riches, dividends etc adds to that fear. If this was a private company, it would have had bigger problems with cash as the shareholder well would have a different mentality. The 2021 numbers are poor-no getting away from it.The turnover number is out of kilter with the cost base which must demand around £20m to break even?Covid has provided the cover this time-a good time to bury the bodies.
pinkfoot2
10/4/2021
08:19
Aah, but this isn't any ordinary jam....this is MBS jam. I'll get my coat.
extrader
10/4/2021
04:30
"The headline figures look terrible, but what is the real story?" Jam tomorrow. Again.
glavey
09/4/2021
20:22
'The development of a strategic new transceiver product commenced which we expect to be a significant revenue driver from the end of 2022 upon its completion.' The above was included in todays statement. Anybody have thoughts on what the product might be? One must assume that it incorporates AIS, but what else?
countryman5
09/4/2021
18:52
New Canadian Regulation Mandate AIS (Automatic Identification System) Vessels that are more than 20m in Length must carry an AIS Class A as of April 26, 2021 Please note the regulation calls for the AIS to be turned on during a voyage.
countryman5
09/4/2021
15:43
Yes, my invite EC (and all) :-)
yumyum
09/4/2021
13:38
Are they to pay for the £1 party?
effortless cool
09/4/2021
12:51
I bought 300,000 shares at 35p.
yumyum
09/4/2021
11:59
It sounds like there will be fairly continuous newsflow re contracts, four in H1, one in Q3 and two in Q4. The broker's note says this: 'To set against the £8.5m debt, we have clear visibility on £15m of cash: From guidance we expect £5.7m cash from delivery of the existing system contracts in the year ahead and the Transceivers business should generate at least £4.0m of cash from its profits. With the current £5.3m, that is a total £15.0m cash from the existing business alone for this year.' Not quite true in that some of the £5.7 million will be payable to the Philippines' partner, but very comfortable indeed. Interesting to note that the Transceivers side is expected to contribute £4 million. Elsewhere, they say that over the next 2 1/2 years they expect to see £20 million of this at a 25% margin, whereas this comment suggests more like £10 million p.a. @40%. All-in-all set very fair.
lavalmy
09/4/2021
11:28
The market is in a trusting mood this morning!
boadicea
09/4/2021
10:49
Yes, let's do that !
yumyum
09/4/2021
10:45
If we have got to £1 per share by then, then I will definitely get to it. We should have a party!
effortless cool
09/4/2021
10:41
"£1 a share by the end of September this year ?" That would be nice, one can but dream. AGM pencilled in for 22nd September, and I hope we can get to it this year.
goodapple
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