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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
  0.00 0.0% 35.75 35.00 36.50 35.75 35.75 35.75 160,297 08:00:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 18.9 -6.9 -3.9 - 59

Srt Marine Systems Share Discussion Threads

Showing 26276 to 26298 of 26500 messages
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DateSubjectAuthorDiscuss
14/2/2021
14:22
This is the Inmarsat press release: https://www.inmarsat.com/en/news/latest-news/maritime/2020/inmarsat-and-cobham-satcom-enable-maldives-fisheries-sustainabil.html They're working on it with these people: https://integratedmonitoring.net/wp-content/uploads/2018/02/IM-Company-Profile-Web-Version-2-1.pdf 'Developing the Market-leading, Cloud-based System for Monitoring of Commercial Fishing Activity' Inmarsat seem to be putting it about a bit, but as far as I can see mostly stressing provision of universal broadband eg their video here: https://www.youtube.com/watch?v=mJPoqZjargw&feature=emb_rel_end It all looks ever so slightly ad hoc to my eyes, but no doubt they can do better for professional customers prepared to pay for the service.
supernumerary
14/2/2021
13:25
No. He works for Cobham Mission Systems not Cobham Satcom. He also has no VMS experience. SRT hired him because of his extensive experience managing projects in Saudi. That size of contract would probably suit a more satellite based system. SRT are looking to track in the 100,000's of vessels for some countries.
lavalmy
14/2/2021
10:57
Read more 15 OCT 2020 INMARSAT AND COBHAM SATCOM ENABLE MALDIVES FISHERIES SUSTAINABILITY WITH FLEET One. I wonder if the delivery directors move is linked to Cobham ramping up in this sector?
monkeyisland
13/2/2021
18:46
Unpleasant
pinkfoot2
13/2/2021
09:15
Yes had that one filtered too.
alter ego
12/2/2021
23:44
Just a note but the above poster is an automatic filter for most users, if you weren’t already aware. I can guess at what was posted.
yump
12/2/2021
21:45
Yes. At some point, Simon said something to the effect of ‘ we realized we’d have a serious problem with execution, so we’ve changed our way of doing business’. Again, a suggestion to me that they’ve been ‘war gaming’ and are getting ready for a step- change in workload. IMO
extrader
12/2/2021
18:49
Having watched the webcast, I think its very unusual to hear a CEO talking about the structure of the company and its operations, rather than how its going to conquer the world (as is rather common). That is very refreshing. After all, assuming the projects go ahead, the actual main issue is structuring the delivery, the data flow etc. Very interesting hearing about the retreat from buying satellites, the increased use of local partners. In terms of the share price and big numbers those are unimportant, but they are absolutely crucial in making sure the business is actually run well. Nice to know more about the business and how its being managed. Its frustrating waiting, but there's no waffle here with the strategy imo.
yump
12/2/2021
18:41
Extrader "imminent" Now you've gone and said it !
yump
12/2/2021
18:06
Re the 6 x contracts (tot $120m), I listened again : - after talking about VSP..."these 6 are right on the end.."; - and, re a dividend Q .." when the 6 drop in, it'll be transformational...once we've paid down debt and built up a decent cash reserve..we'll [subject Board OK] do as Mr Buffett says and give it back..." That, together with the other comments about no perceived need for a cash raise, suggests to me that some contract news is [hostage to fortune !] 'imminent'. HTH
extrader
12/2/2021
16:49
Bought in again yesterday and very happy with this morning's webinar. They are still learning by the sounds of it, but seem to be making progress. The market seemed to like it also.
parsons4
12/2/2021
14:39
I much prefer that sort of "material risk" LaV. ST mentioned reorganisation of the programming team to speed up development on GEOVIS. Weren't they looking for someone to take charge of that development area a while back? Perhaps they've got their man - if so I missed it. Should give Neil more time to focus on overall operations and direction of travel technically.
alter ego
12/2/2021
14:23
I was interrupted half way through, so waited for the webcast to be on the website before saying anything. Very positive, nothing much to add. I did expect a trading update either yesterday or today. We were told what the transceiver business would make (£8 million) and they seem very aware of progress and milestones on the IMEMS contract, and yet have not issued full year guidance. In a normal year, where there was guidance, we would be generally expecting a profit warning in the absence of contract news. This year quite the opposite. They know full well what they will make in the absence of a new contract, so the lack of an update suggests that there a material risk of a contract being signed before year-end. Any day now, I think was used. I actually hope they announce whenever, but delay the revenues until after March to make for a bigger number next year (and in the broker's forecast). Impressions impress and 20/21 will be disregarded for SRT and many others. Another sign of confidence is that staff numbers are creeping up slightly. Mixed up with that Tony, the delivery director, has moved on to Cobham and it is not that SRT are no longer expecting to deliver. A previous webcast mentioned writing a manual for their partners and I suspect that or something like it is what has been achieved by Tony and others. Combined with what Simon was saying about re-organising and how they will rely more on the local partner, it suggests that they will no longer be adding much (expensive) headcount on delivery.
lavalmy
12/2/2021
11:52
Got it ATB!
pinkfoot2
12/2/2021
11:50
As I Understand It ... :-)
piedro
12/2/2021
11:49
As I Understand It Same old same old really.....from the investor's POV nothing has changed for a few years, and it won't change until we actually get ink on paper for a few of these contracts. ST sounds hopeful about this, but then he always does.
fredfishcake
12/2/2021
11:40
What’s AIUI?
pinkfoot2
12/2/2021
11:05
VSP 'static' @ 500m over 22 projects; of which 6 x 'closing stage' (my words) total $ 120m, of which 'a couple any day'. AIUI
extrader
12/2/2021
11:01
Positive response to the webcast but that VSP is growing bigger and older like the rest of us.Did he mention anything about numbers this year ?
pinkfoot2
12/2/2021
10:21
Mr T said that more people were viewing the webcast than usual. However, SRT is only a minnow on a very few radars. No institutions declared. Is the story credible? The share price says that very few people believe that the contracts will happen. I believe that the first of the 6, which he referred to, will be for between $40 and $50 million. Will that focus minds or will more contracts be required to take it to the 60 - 80 p level?
countryman5
12/2/2021
10:04
I reckon, when all this comes good, there’ll be a tube of Steradent on every chair at the AGM...🤣 I’m still invested too. Accumulating gradually for around ten years.
philburt
12/2/2021
10:03
One of the key comments in today's presentation: 'Wanting something and being able to proceed with it are two totally different things'. I agree, not a question of 'if' but a question of 'when'.
eagle eye
12/2/2021
09:48
My first purchase was 50,000 @3.2p on 06/08/2009 !! I've been acquiring since The most expensive purchase was 40p on 28/10/2010
homerer
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