Does nobody here subscribe to the Daily/Sunday Mail?
(wouldn't touch it with a bargepole personally, but happy to learn of their SRT insights!)
That's one paywall I wouldn't scale. |
Thanks SmartMoney100
This appeared in my newsfeed, inviting reader to share, so 'paywall' didn't occur to me!
ATB |
Try this: hxxps://whatsnew2day.com/midas-sharing-tips-update-set-a-course-for-the-innovative-srt-marine-our-tip-has-increased-by-10/ |
seems to be behind a paywall. any key points to summarise? |
Good write-up in the Daily Mail.
Focussed on Nexus, but useful background on Brierwood and Clake.
GLA |
And that means the companies are similar? |
yump, maybe it's because ST is the Chairman of TAND. |
Why is Tan delta mentioned? There’s no similarity apart from delays and someone bought some so they like it. Might as well compare with some other random stock thats waiting for contracts. |
If the PCG had the SRT system it would know exactly what is going on in its coastal waters. Geovs collates numerous information feeds. These can include AIS, satellite, CCTV, mobile phone signals, heat sensors and surface or underwater autonomous vessels. Geovs then 'slices and dices' all of these feeds and delivers the relevant information to the coastguard operator. It is the sophistication of the Geovs system that sets SRT apart from its competitors. |
It would appear that the opportunities for SRT are without limit. SRT is still no more than a lion cub starting out in life. It would be interesting to know how the margins work, when pricing a contract. Countries will know the list prices for CCTV and radar, with SRT earning the industry discount. However, the remainder of the pricing structure lies with SRT. I assume that the company can increase margins now that it has become established as the market leader and growing volumes allow for better discount and credit terms from suppliers. There is a similarity between SRT and Tan Delta in many ways. It appears that Tan Delta has cash reserves but shares are like hen's teeth. |
Hi Piedro,
You could make the same/similar argument for the UAE, esp given the contested islands in the middle of the Gulf.
They were seized by the Shah in 1971 on the day Britain's then defence obligations ended with UAE independence, knowing we were unlikely to resist.
hxxps://www.aljazeera.com/news/2023/9/14/top-iran-official-says-uae-may-destabilise-security-over-disputed-islands
This one's unusual, because the Chinese and Russians have both in the past supported the UAE...
After that, the case for a pan GCC system, including Qatar, would surely be compelling...ie the 'fax machine argument' for the old-timers out there.
GLA |
A good finish to the week which augurs well. |
The Oman may need some help,
Oman is actively stepping up its coastal security in light of ongoing challenges from the "axis of resistance." |
I had thought that Bakamla had sorted out all the sites for the project, but seemingly not.
He is pretty confident that it will be built and operational in 2025. Possibly a flight of fancy? |
Countryman - keep it up! As long as you continue to make it clear what's suspicion/belief/hope, and what's fact, we can all enjoy your views :¬) |
"I suspect ...", "I believe ...", "Hopefully ...", "Let us hope ...".
It would be nice if you would try dealing in facts, Countryman5, rather than flights of fancy. |
I suspect that Mr T is spending most, if not all of his time in the ME, primarily in Kuwait. I believe that he mentioned further work in Kuwait in his webcast today. Hopefully they have a good in country partner to do the heavy lifting. It will be interesting to learn about the management structure, when we visit the AGM in a few weeks time. Let us hope that Saudi does not push too hard, too soon. |
Indeed-over optimism is a feature of both companies, but tomorrow is another day |
 OT There's a very familiar scenario at TAND where major potential sales are delayed, despite "positive discussions". It's not really surprising when you consider the size of some of the customers and the possible monetary value of their contracts. Shell, Wartsila and who can that global retailer be with tens of thousands of conveyor gearboxes in their warehouses? Hmmm that's a tricky one.
Regarding SRT, it would be callous not to feel some sympathy for ST who cannot reveal exactly why things are not moving as fast as we and he would like. Judging by his short sleeved shirt and somewhat tanned face, I doubt he was in MSN for the web cast.
Looking at the fundamentals, SRT have the right products, there is clearly widespread demand for them, there are no alternative products that could displace SRT's position as the preferred supplier in most categories. SRT now has the financial backing of a wealthy partner who is equally unable to make things happen faster than the customer determines. We as shareholders are "passengers" on the journey to use one of Simon's favourite expressions. I hope to be here when we finally arrive and to celebrate having had the patience not to abandon a company that deserves a bit of good fortune. Santa, are you listening? |
Sorry to hear that, but I would have thought that the better trade (if I understand the connection correctly) would be to be long one and short the other? Choose your own direction :¬) |
I suspect some like me will be both given the connection |
Lucky we're invested here, not there, then! |
Meanwhile a horrible warning on Tan Delta today with ‘pipeline delays’ |
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