And that ends today's sermon on SRT :-)) |
C5 - have you ever considered writing an article for the Daily Mail? |
 Close watchers of this small, but innovative company, recognise the momentum building within the sales of this AIM listed company, which has a unique position in global markets. Sales are being driven by numerous factors. Firstly, SRT has acquired a reputation as the reliable supplier of AIS products, which are increasingly sold by its own EMTRAK brand, with NEXUS about to deliver an addition to the offering. Secondly, Coastguards around the world all watch each other and they can see what is happening in Bahrain, Saudi, Kuwait and Indonesia. There is recognition that Geovs delivers something which is unique, and coastguards are badgering their political masters for some of it. Obviously, budgets have to be approved, but security invariably opens cheque books. Thirdly, as per the recent FT Moral Money article, countries around the world know that they have to monitor their fishing boats to secure their future fishing operations. The World Bank knows all about the SRT system and will be helping many countries prepare their budgets. The Philippines is not alone in having powerful vested interests inside their commercial fishing fleets, but countries will be warned and prepared about dealing with those vested interests. In the next six weeks a lot is going to happen. We will have the four contracts (Kuwait, Saudi, Bahrain and Indonesia) all fired up with Kuwait delivering to help with the first half figures. (December 31st). We will hear these results in early January, together with the much-anticipated brokers note, where TO / PBT for this year and the next two will be underpinned by the £320 million of signed contracts. The big unknown will be contracts joining the £320 million. I believe that the pace of Kuwait will follow into more work from that Royal family. The neighbouring Royals in Saudi will want to maintain their security, especially with what is happening in the Red Sea, and will want to match Kuwait. And then there is Africa, where fishing and security (China v US) is increasingly hitting the headlines. Nothing is being factored in with the Philippines, but eventually truce will prevail within the fishing vested interests and both BFAR and PCG will have pent up demand. In late January we will have the AGM, when it will be interesting to hear the present and anticipated head count. Growing the team is one of the greatest challenges with many key workers needing to be found and trained into the SRT way of doing things. will the share price be beyond £1 after the AGM? The company has needed an injection of funds which has resulted in a dilution of the shareholder base. This was unfortunate but necessary. We will soon have a 24% shareholder. If Indonesia had started delivering six months earlier, or if Kuwait had not started at such speed, such dilution might not have been necessary. One of the consequences of the dilution is that the LTIPS will need to be rebased. Our management team needs to be rewarded for their incredible achievements. The alternative is to use the fast-flowing cash to purchase shares in the open market, where there will be few sellers.
I am anticipating a fast growth in T/O predicted in the brokers note, with an even faster growth in PBT, because of increased margins going forward. SRT will no longer have to offer free trials to countries. The message going forward will be ‘Join an orderly queue, to receive your SRT system.' |
Bakamla RI held a Finalization Meeting and Signing of the Initial Draft of the Bakamla RI Strategic Plan (Renstra) for 2025-2029 in Central Jakarta.
This Renstra includes strategic policies that support the role of Bakamla RI as the vanguard of Indonesian maritime security," said Rear Admiral TNI Dr. Irvansyah.
The Head of Bakamla RI emphasized five main points that are the direction of the policy, including:..
One, Inventory of strengths, weaknesses, opportunities, and threats to maritime security. Two, Adjustment of Bakamla's tasks and functions, both in peacetime and conflict. Three, Development of operations based on seven principles, such as effectiveness, flexibility, and controlled risk.
Four, Establishment of a data-based national maritime security center. Five, Changes in maritime diplomacy approach, from coast guard diplomacy to maritime diplomacy.
Source:
Just posted on Indonesian coastguard official twitter account |
Woops I’d forgotten to filter that poisonous little poster owenski. |
FT weekend ‘Moral Money’. ‘Crackdown looms as seafood supply chains escape sanctions net.’
Seafood is now the most traded animal protein, in terms of value, topping the combined flows of beef, pork and poultry. But while demand has grown, the seafood industry has also drawn criticism for opaque supply chains that have allowed illicit activities such as forced labour and illegal fishing to thrive.
But now, investors, industry players and governments are pushing to improve the sustainability of the seafood industry. This year, investor network FAIRR launched a seafood traceability engagement including 35 investors representing over $6.5 tn in combined assets.
The investors engaged with seven of the worlds largest publicly traded seafood companies regarding their ability to trace their products from the moment of catch to the end of the supply chain.
Among the main issues identified as hindering full-chain traceability was the lack of digital data. ‘Several companies mentioned that they rely on paper-based data.
Next year, the Treasury’s Office of Financial Assets Control (Ofac), which enforces US sanctions, is expected to require disclosing where the seafood was caught, the vessel, as well as the method of catch. |
Meanwhile, I took advantage of that dip earlier. |
What utter rubbish.
Indeed, lets stick to SRT. |
The UK recorded 985 Foreign Direct Investment (FDI) projects in 2023, up 6% from 2022 and ranking it second in Europe
The UK saw its share of Europe’s inward investment market grow to 17.3%, up from 15.6% in 2022
UK FDI growth driven by resurgence in digital investment, securing over a quarter (27%) of all European tech projects last year
Greater London recorded 359 FDI projects in 2023, a 20% increase on 2022, making it Europe’s highest performing region for investment.
The West Midlands was Europe’s seventh best performing region for FDI, securing 127 projects in 2023, 72% higher than in 2022.
EY investor survey finds that a record 69% intend to invest in the UK in 2024, with more than half planning to invest in London.
The UK remains second in EY’s annual ranking of European countries by their ability to attract Foreign Direct Investment (FDI) projects and was the only country in the top three to see project numbers increase year-on-year. France ranked first in Europe for the fifth consecutive year, while Germany followed in third place, according to the EY 2024 UK Attractiveness Survey. The UK was home to 985 FDI projects in 2023, which was a 6% increase from 2022.
Courtesy EY Now lets stick to SRT |
Strange that, EU voters think Brexit types are the thick ones, question remains - any actual benefits? Try and stray outside of a Wetherspoons occasionally. |
Any chance we could stay on the subject of SRT please? |
I think you've confused being in the EU with being in the single market but then again remoaners were never the brightest of people |
As an investor, I like to see easy access to markets and not to put a road block between us and our largest trading partner - The EU, how utterly foolish would that be. Not sure what you mean by 'in Germany or France' as EU contains 27 member states.
How's Brexit working out then, seen any actual benefits, I see capital flights from this country and a lack of inward investment resulting in this country becoming poorer. UK markets are declining and not seen as attractive anymore, talk about turkeys voting for Xmas. |
At least SRT is up 100% since Jan |
So you would prefer to be in Germany or France owenski? |
So much for DM articles then, maybe their readership base doesn't have the money to invest anymore after voting for Brexit. |
Well it sometimes pays to know what the other half is reading or thinking - in the 1999 boom you could get a feel for the level of FOMO. Not that it did me much good.
When they start going on about Bitcoin a lot, that's when I'll sell my cryptos. The Beeb have only just mentioned in passing that it went over 100,000, but they'll bang on about a 5% drop in profits for a multinational, even though the share price rises on the results (cos they've missed the 2 years of doomalready priced in by the 40% price drop) |
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. |
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