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SRT Srt Marine Systems Plc

24.00
-5.50 (-18.64%)
23 Apr 2024 - Closed
Delayed by 15 minutes
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
  -5.50 -18.64% 24.00 23.00 25.00 29.50 23.50 29.50 790,602 16:28:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 30.51M 69k 0.0004 600.00 46.19M
Srt Marine Systems Plc is listed in the Communications Services sector of the London Stock Exchange with ticker SRT. The last closing price for Srt Marine Systems was 29.50p. Over the last year, Srt Marine Systems shares have traded in a share price range of 23.50p to 68.00p.

Srt Marine Systems currently has 192,457,939 shares in issue. The market capitalisation of Srt Marine Systems is £46.19 million. Srt Marine Systems has a price to earnings ratio (PE ratio) of 600.00.

Srt Marine Systems Share Discussion Threads

Showing 25876 to 25899 of 29950 messages
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DateSubjectAuthorDiscuss
12/8/2020
12:26
We await final details.
countryman5
12/8/2020
12:01
Hi C5

I didn't know that they had shipped anything yet, but certainly the hub was ready to go (and be installed and invoiced within a very short period). What about the new hires that they are expecting to add once these are signed? Surely they and others will have to be out there as well as the local partner?

lavalmy
12/8/2020
11:39
LAV, I would value your thoughts. My understanding is that most of the kit for the Saudi contract (£45 to 50 million) is already in store within the Country. Most of the installation work will be done by the local partner. There will be a cash payment upon signing.I suspect/ hope that ST will be allowed to sign at Saudi embassy.
countryman5
12/8/2020
08:17
An official denial that flights will resume in October. Probably true, especially if they get the infection rate below 1,000 per day. The seven day average is around 1,400.
lavalmy
06/8/2020
17:48
I said earlier-it’s all well and good having a monitoring or tracking system but if there is no appetite to then use the data to protect, what’s the point?
pinkfoot2
05/8/2020
21:33
From Seafoodsource.com:
"China’s government continues to press an expansion of the country’s distant-water fleet as a strategic national priority.

A launch party recently took place for three new vessels to be operated by state-owned fishing firm Shandong Provincial Distant Water Fishing Co. (also known as Shandong Fisheries Co), which will be sent to Morocco, adding to the growing Chinese fleet in the country."

........

There seem no limits to China's expansion around the planet, not least in fishing.
If it isn't territorial sea claims in the South China Sea, it's taking up fishing rights in West Africa etc etc etc. Then there's the Galapagos...

It seems most maritime nations would benefit from one of those SRT marketing visits.
Actually, most of them have probably had a visit already. Ecuador were supposed to be high on SRT's list. Hopefully the developing situation on the high seas might prompt them and others to take some serious steps to monitor the fleets at their door.

goodapple
05/8/2020
13:40
Hi all,

Oh, look ! Here's a country that might benefit from an SRT marketing visit...;->

hxxps://www.msn.com/en-us/news/us/tracking-illegal-fishing-theres-finally-an-app-for-that/ar-BB17AX0S?ocid=msedgdhp

In similar vein - and this may have been raised before - has anyone from SRT (or maybe this is one for
Jacob Rees-Mogg, Leader of the House ) asked HMG how effective a system the UK has to 'police' its waters and monitor any fishing agreement reached with the EU ?

A 'right' that you couldn't in practice monitor properly, much less enforce, would be pretty academic !

ATB

extrader
04/8/2020
19:01
DJT Was it,by any chance, your trade -the last SRT trade of today- at 16:29:42 ? :-)
lazyj
04/8/2020
17:45
It's worth keeping an eye on the Philippines C19 infection rate given that it is now running at circa 5k/day when it was less than 1k/day during first lock down. Of course those figures are just those tested which I assume as with other countries has increased over the past few months so it is hard to judge if 5k is actually higher than 2 months back.

A new lock down does suggest some Government concern though.
6k new infections reported today likely to put Philippines around 5th highest worldwide - although 7 day average still below 5k/day.

dj trading
04/8/2020
08:02
On a more positive note:



Somehow Saudi has got the case rate down to the lowest in three months despite being largely open internally, indeed back down the where it was when they started opening up. May that trend continue. I would think that there should be some news on the international travel front soon.

lavalmy
04/8/2020
07:52
Hopefully SRT will have planned for this sort of disruption and can carry on outside the capital, where most of the installations and ports are. It had been trailed in the press for a few days now.

Duterte approved the budget (a bit bigger than the last forecast) last week. No details have been released but it must be presented to parliament by the 27th. I don't think anything will change in that process, but Duterte was given special powers to divert funds from their intended purposes to the covid response for this year, subject to rear-view scrutiny.

lavalmy
04/8/2020
07:29
Philippines returns to lockdown - unfortunately
alter ego
03/8/2020
14:29
Thorough (and reassuring) response much appreciated, thanks! Your depth of knowledge and willingness to share bring a great deal to this board.
fredfishcake
03/8/2020
14:23
A couple of other points Fred.

Specifically in the Philippines, SRT has already or are finishing putting in the 117 coast stations plus the 15 big ones, giving wide coverage of AIS. Any RF system will have gaps, particularly with all the islands and mountains. SRT fill those gaps with satellite AIS (at fifteen minute updates). FAME cannot, but are proposing in the future to develop a relay, mesh-type technology, using a boat's antenna say 50 km out to bounce signals. As yet unproven.

The second problem is scale. AIS works with slots. Mobile phones do not. I can't remember the numbers per mobile mast, but they are low. Another issue is that the closer you get to another cell, the less power you use in your transmission so as to avoid sending a signal to that other cell where some other phone might be on the frequency you are using. AIS 'hands over' transponders to the next base station. All told, SRT's system and the transponders are designed for large numbers of vessels.

The last point, related to the first, is that they have the AIS backbone already and will want to see all the vessels so as to correlate with radar, cctv etc. The FAME product doesn't help in that.

lavalmy
03/8/2020
13:32
Hi Fred

Only potentially in the Philippines. It is a local outfit with some links to the department of science and technology - they recently started building covid testing booths. And the BFAR has laid down the specs so if their kit works then people might buy it. Price is a big issue though as well as functionality, though the actual transponder costs only $72 but airtime $16 per month. I suspect that the BFAR would like just SRT's kit which has no airtime charges, but they have to play by the rules.

USAID is also playing with Pointrek from Indonesia at $1450 for the hardware and a whopping $45 per month airtime. And in Vietnam etc.

Quite why they are re-inventing the wheel so often is anyone's guess. But I strongly suspect that SRT's kit is cheaper and better, as well as intrinsically linked into the hub software.

lavalmy
03/8/2020
13:10
Hi LaValmy - do you view FAME/USAID as competitors to SRT's AIS transponder business then? I appreciate it's the systems that potentially bring us in the big money, but it's real icing on the cake if we're supplying the transponders too.
fredfishcake
30/7/2020
15:05
It isn't just SRT who might have more business. FAME, a local outfit which was working with USAID, has developed a mobile phone type transponder which sends signals to RF antennae on land and thence into the cloud. They have been mentioned on here before and, if you remember, the original laws on fitting tranponders specifically allowed for other technologies to be used with the IMEMS. USAID had a final set of workshops in one of the BFAR regions where they all viewed the new SRT made regional control centre. Quite how the FAME system is supposed to mesh with the AIS-based system, I don't know. They also do catch reporting (and all boats will have to do electronic catch reports as well) and cost some £480 for three years, after which the fisherman owns the transponder.

In Vietnam, USAID have been messing with locals again to produce a satellite phone catch reporting system which sits alongside the VMS. I don't know what the costs might be as it was very experimental.

I think that the commercial boats will come first. The extension of the fisheries will take a lot of buy-in from all sorts of actors.

lavalmy
30/7/2020
14:46
Lav. Grateful thanks. Quote 'System is designed to continue to grow to
cover all Philippine fishing vessels.' This clearly shows that there are many years work to come from the Philippines. SRT are locked into the driving seat and should be untouchable. This is the first Country to install such a system and there are numerous neighbours watching and waiting to fire up their systems. It is not just SE Asia that needs to protect its fishing. Name a seafaring nation that does not need to protect its fishing? There must be numerous companies who must be in awe of where SRT have placed themselves. Just imagine the T/O in a few years time.Let us not forget that a parallel system is being offered for Coastguards around the world. The VMS system will also give countries the confidence to sign up to the 'Environmental system' package, which is now being developed. How can any company seek to overtake SRT with all the work and time that has been invested in achieving such a system. The R and D will continue and at some stage the market will wake up to what SRT is about.

countryman5
30/7/2020
14:04
Good spot. Thanks for that.
crystball
30/7/2020
11:04
Likewise LaV. All looks very professional and well thought out. Imagine other countries will be very interested in seeing it working.
alter ego
30/7/2020
10:24
Thanks LaValmy, that is such a good read.
owenski
30/7/2020
09:53
Well done LaVal, that is a great find.
Lots of detail on SRT's latest kit in that document.
A picture of the VMS 100 on p8, plus detail of the electronic reporting system and catch reporting from p10 onward.
First time I've seen the kit and it looks like clever stuff.

eagle eye
30/7/2020
09:42
This presentation by the BFAR spells out publicly for the first time (to my knowledge) what the plan is:



It seems to date from May last year for the WCPFC, but has only now popped up.

'Within the next 5 to 10 years most motorised Philippine fishing and commercial vessels will be electronically tracked, monitored and managed.'

Who would have guessed?

lavalmy
29/7/2020
07:25
As I said earlier, having a surveillance capability is fine.Its what you do with it that counts
pinkfoot2
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