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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 22,522 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 26301 to 26324 of 26500 messages
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DateSubjectAuthorDiscuss
15/2/2021
09:48
I have re-watched and it really does look very very positive for SRT in the short-term (weeks?), medium term (within two years expect to be debt free and paying dividends) and long term (everybody wants to monitor their maritime domain and lots of countries need to upgrade). Impressive amount of rnd also going on. Well done SRT. I keep the faith.
yumyum
15/2/2021
09:32
I think they have an in-country person out there, probably in Saudi, called Sean Bryant.
lavalmy
15/2/2021
08:50
Just been listening to Bloomberg News. CEO of Dubai Airport talking about how UAE was 2nd in world re per capita vaccinations against Covid, after Israel with UK coming 3rd. He mentioned that some countries such as Saudi were still only at 2%.
2vdm
15/2/2021
08:42
I think the confirmation of just the first one of the six contracts mentioned by ST will transform sentiment here. On a different topic, does anyone know what happened to the prospects of salvaging business in Indonesia?
goodapple
15/2/2021
08:27
I think the message was to hang on for a few more weeks because there are contracts coming through which I can't tell you about now which is just as frustrating for me as you shareholders.
amt
14/2/2021
18:11
My sentiments to be honest.The purported VSP is zillions but the t/o first half was c£4m.There is the disconnect and it’s clearly not a one horse race. Suggesting dividends when the company is still devouring cash is the new jam and some way off if you think t/o has to be £20m pa just to stand still
pinkfoot2
14/2/2021
15:33
5 years ago this outfit could make a profit on sales of 11m, now it takes nearer 20m to make a profit, they've never seemed to get their touted 50% margin blend either never mind, maybe next year is the one,,,, again philippines money has mostly come and gone,,, on the wage bill,, nothing to show for shareholders,,, if and when they get another contract, they'll be starting from scratch again cost base has shot up too, another year of disappointment, but it's all covids fault, actually the business model has a massive achilles heel, it needs constant large contracts to become profitable and so far the buses aint arriving
homeboy
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
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