I was very surprised to see the Saudi Border Guard (SBG) placing a video on X for all of the World to see. Previously I understood SRT was not allowed to mention the ME country concerned. I can only conclude that MBS has seen the SRT system and is pleased with his investment. If you revisit the recent webcast (Vimeo.com 955837822) I believe that Mr T mentions a ME country which is in a hurry to spend $200 million on a system. This country must be very small compared with Saudi and yet they are talking about a very large budget. This would suggest that they are planning an all-inclusive system with top of the range (Italian?) radar and military grade CCTV. This might explain LAV’s mention of SRT hiring a civil engineer. Will existing towers be strong enough for all the extra weight? (I suspect that the next SRT hiring will be for more contract writers), When MBS sees what its neighbour is buying will he want the same? The eventual Saudi spend could be mind blowing. If it wants to cover everything including the Red Sea, Neom, Djibouti and possibly Egypt, where it underwrites the budget, it will be several barrels of oil. (Information / data means power). Perhaps MBS will want to buy SRT! As Ronald Reagan once said ‘You ain’t seen nothing yet’ |
It looks like they might soon be getting out of breath!
Yet another hire, this time for a civil engineer to make sure the towers don't fall down. So it seems that they are building central support roles for their various in-country partners (the sensor role is now no longer online so presumably it has been filled, although there were only three applicants) and on the customer side all these success managers whose job is to make sure their customers can make the most of what they have bought.
I get the feeling that they expect soon to have decent cash inflows to pay for all this.
It seems that there has been a buyer in the last couple of days who is buying with conviction and I doubt it has anything to do with my mention of the Indonesian success manager unless it someone on here. |
Saudi Arabia establishes logistics zone in Djibouti. The recent video from the Saudi Border guard shows how pleased they are with their recent SRT investment. The potential for future trade is enormous.(Don't forget DAS) Neom will eventually need maritime coverage as well as Djibouti.I am anticipating that SRT will be setting up an office in Saudi to deal with everything. |
Thanks, supernumerary.
Beat me to it!
I wonder if there's anything to be read into the timing?
When I've the chance, I'll scroll back through that account to see if anything presents.
ATB
This and LaValmy's Indo 'success manager' show the patient's still breathing ! |
WCE - thanks - I assume that's Countryman's video?
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Official account of the Saudi Border Guard
Preventing drug smuggling across our borders is our responsibility..
Strength, determination and resolve.
----- |
Countryman: can you give us a search condition (s) that might work? |
“Success manager”
I have this image of David Brent giving himself that title.
If that was a new job title in most of my investments, I’d sell just on principle ;-) |
Someone who knows my interest in SRT has sent me a video (In arabic). It appears to show the SRT system recently installed for a M E Coastguard. It is very impressive and has been uploaded on X. I am not clever enough to post it here. |
Another new post at MSN. This time it's a Hardware Manager to drive forward transceiver development etc. Sounds like it would suit someone with Apple background. |
Well we are due an update! |
This thing reminds me of Gamestop |
Or hiring in anticipation - a contract would certainly have been RNS'd. If the hacking is affecting Indonesian bureaucracy, there could still be delays, which would fit the SRT pattern :¬( |
They have probably got the nod in Indonesia. Now hiring a success manager over there. |
What has this got to do with SRT MDA systems. |
Indonesia says a cyberattack has compromised its data center but it won't pay the $8 million ransom
Indonesia's national data center has been compromised by a hacking group asking for a $8 million ransom that the government won't pay, authorities said Monday.
The cyberattack has disrupted services of more than 200 government agencies at both the national and regional levels since June 20, said Samuel Abrijani Pangerapan, the director general of informatics applications with the Communications and Informatics Ministry.
Some government services have returned—immigration services at airports and elsewhere are now functional—but efforts continue at restoring other services such as investment licensing, Pangerapan told reporters.
The attackers have held data hostage and offered a key for access in return for the $8 million ransom, said PT Telkom Indonesia's director of network & IT solutions, Herlan Wijanarko, without giving further details.
Wijanarko said the company, in collaboration with authorities at home and abroad, is investigating and trying to break the encryption that made data inaccessible.
Communication and Informatics Minister Budi Arie Setiadi told journalists that the government won't pay the ransom.
"We have tried our best to carry out recovery while the (National Cyber and Crypto Agency) is currently carrying out forensics," Setiadi added.
The head of that agency, Hinsa Siburian, said they had detected samples of the Lockbit 3.0 ransomware. |
Or has IMEMS ground to a halt? |
Why ? Are you thinking of buying into some of them ? |
supern - Very fair comment but with AIM listings too many for comfort turnout to be the downside or short term rockets such as AGL -SCE - SED etc burn out and need refueling or sent to the Carey Street if no more fuel made available.
Now the $64K question - Which are likely to be the next companies to burn out? |
Don't know that any of that makes much sense - all companies have if's. Fortunately, because if they didn't there'd be no market. |
Also IF's and WISHES...
"If "ifs" and "ands" were pots and pans, There'd be no work for tinkers' hands. Also: If wishes were horses, then beggars would ride.
So possibly back to Shanks Pony - bye bye that nice new Ferrari. |
As always Yump, the key word is IF with this company-like a lot in my portfolio unfortunately |
repeated !! |
FWIW, Reaching boiling point in the South China Seas or still further to go?
Report: China Coast Guard Stole Two Philippine Boats, Dumped Cargo, |
Never mind. If SRT shows any signs of being consistently profitable, it will be taken out by one of the US venture or hedge funds. There may be quite a big proportion of pi shareholders, but given a bit of profit they won’t vote against. There’s no EU style protection. “UK is open for business” is a euphemism for “see anything you fancy ? - we’ll knock off 20% for a quick sale” |