C5
The captions which Baynet posted have been changed to now be identical, i.e. not mentioning trainers and Bakamla but instead SRT MDA components. The second picture clearly shows Bakamla people and our Stephen Meakin. I rather think that is where the components have been shipped.
I don't think there will be much contract news above and beyond the four current ones until maybe the end of next year. Perhaps we will learn a bit more at the AGM. |
System components arrive. Which Country? Possibly Bahrain? Too small a delivery for it to be Kuwait, which was probably delivered a little while ago? It has taken a VERY long time to get the Indonesia Coast guard contract started. We now have a new Presidential team in place and I suspect that the new fisheries minister will be talking about the fisheries system with SRT and UKEF. A system in several months time?. I wonder how Tanzania and other African counties will be financing their SRT systems. My understanding is that the World Bank only finances 50%, or will they replicate the Indonesia Coastguard model? At least Kuwait, Saudi and possibly Bahrain have ready cash. I am expecting Vietnam to soon appear on the agenda. |
goodapple - OI must be on good terms with the Malaysian government, and will be even more so if they find it. Always helpful to have friends in high places :¬) |
hxxps://en.antaranews.com/news/338514/indonesia-urges-uk-to-cooperate-in-food-energy-water-security
I think that water security means marine domain rather than potable. The UK ambassador was in the UK for when Prabowo visited, met him at the airport. |
New gallery Pics TODAY ....system components and SRT specialist trainers arrive in Indonesia/Bakamla |
Ocean Infinity to resume search for MH370 - again on 'no find, no fee' basis. |
That's very unfortunate and I guess it disproves my general point. |
alter ego.
Yes sadly "The Prophet" did pass away. |
As in life, investors should follow a general rule that what they do not know to be true should not be assumed to be untrue.
It may be that some people are just better informed or have found better ways to research their subject matter.
Incidentally, you recently implied that a prolific poster called "The Prophet" was a cheerleader who had not done well and had disappeared. In fact, he and I exchanged many messages following the discovery that we had attended the same school (in different years). I recall that despite up and downs he probably made a fair prophet (sic) having originally bought at a couple of pence. He too was very well informed. My last message to him asking about his situation got no reply and I assume that unfortunately, he is dead. I think that excuses his absence from the board he initiated. |
Yes I’m well known for my many blogs full of anything that fills extra space. |
"More generic rubbish cluttering the internet". Et tu yump |
Free trials? That doesn’t seem remotely relevant.
More generic rubbish cluttering the internet. |
 Thanks @Countryman5 - but I found it hard to read.
Computer say:
START:
Thought about SRT Marine Systems growth for a couple of seconds
Executive Summary (High Confidence):
SRT Marine Systems, a small but innovative AIM-listed maritime technology provider, is rapidly gaining global traction.
Its unique AIS and GeoVS solutions are being adopted by major coastguards and governments (e.g., Bahrain, Saudi Arabia, Kuwait, Indonesia), driving strong sales and building a robust contract pipeline currently around £320 million.
Further demand is expected as other countries seek to enhance maritime security and better manage fisheries, supported by international financiers like the World Bank.
Although recent financing caused shareholder dilution, it positions SRT for rapid revenue and profit growth. With no more need for free trials and a developing team to handle surging demand, SRT looks poised for significant near-term performance improvements and share price appreciation.
END
Just about sums it up I imagine (but haven't checked) |
Yes what was that?
Actually there’s quite a few threads that have mind-dumping.
In fact those started by cheerleaders don’t seem to fare very well. The posters seem to have vast amounts of data and knowledge about the business but not about the practicalities of running one or assessing the quality of the investment. Analysis paralysis.
I can recall the Prophet and the Count here, since disappeared. |
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. |
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