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SRT Srt Marine Systems Plc

29.50
0.00 (0.00%)
18 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
  0.00 0.00% 29.50 29.00 30.00 29.50 29.50 29.50 27,738 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 30.51M 69k 0.0004 737.50 56.78M
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 28.50p to 68.00p.

Srt Marine Systems currently has 192,457,939 shares in issue. The market capitalisation of Srt Marine Systems is £56.78 million. Srt Marine Systems has a price to earnings ratio (PE ratio) of 737.50.

Srt Marine Systems Share Discussion Threads

Showing 26476 to 26500 of 29925 messages
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DateSubjectAuthorDiscuss
07/5/2021
16:36
I seem to remember having similar thoughts. A year ago.
goodapple
07/5/2021
15:17
Ramadam ends on Wednesday...hopefully some contracts awards coming up shortly thereafter. I have been buying quite a few more shares.
yumyum
06/5/2021
17:18
And no action to stop them.
18bt
06/5/2021
11:53
This Jersey situation says it all-you can have the most sophisticated systems in the world but a few cobble boats can form a blockade with a bit of willpower.
pinkfoot2
06/5/2021
11:48
An interesting video ..
piedro
06/5/2021
09:24
C5

I think they want one and suppose that it will cover the non-fishing vessels, but obviously they will need some data from the fisheries side of things as well. It is on the cards, who knows whether this will accelerate the process?

Currently, they don't have too much themselves apart from the drones they got recently (for free) from the US and previously some sort of control centre, also free if I remember.

lavalmy
06/5/2021
08:35
LAV.
What are your thoughts on the PCG having their own system?

countryman5
05/5/2021
16:47
WoW!
I must catch up on my homework .... WCPFC, etc
Thank you
:-)

piedro
05/5/2021
16:05
Yes Piedro, but the thing is that the IMEMS cannot do that. The RADAR and IR cameras are all in ports. This Chinese stuff is miles away. It is unlikely that they are broadcasting AIS, so they are being picked up either by RADAR on PCG boats or by the new drones that they got from the US or by other data (maybe provided by the US or others). So mixing the IMEMS into the conversation might be to convince the domestic audience that they are doing something but certainly would not impress the Chinese. Or as I suggest, it might be a softening up exercise. Most of the boats currently tracked are on the other side of the Philippines anyway, High Seas Pocket 1.
lavalmy
05/5/2021
15:52
My impression on reading that statement was that they were saying ...

"The IMEMS is for peaceful purposes and not to spy on your military operations, but we can to see what you are up to."

- if the Navy had the System then it could be seen as a provocation.

piedro
05/5/2021
14:49
I wonder if this sort of mention is more to do with softening up the fishing community to being tracked. It could just be a political exercise to show that the Philippine authorities are active, just as sending PCG boats out to scare the Chinese away shows it. But it could also be a way of tying an expansion of the coverage of the IMEMS to national security/nationalism to make it somewhat easier to sell to the public. We know that the official stated aim is to cover practically all motorised vessels, few of which would have anything to do with the disputed areas, and we also know that it will be a hard sell.
lavalmy
05/5/2021
14:15
from the above ...

"The BFAR also is implementing its Integrated Maritime Environment Monitoring System (IMEMS) to counter IUUF, for monitoring of fishing vessels, and accounting of fishing catches and landings to ensure effective and efficient fisheries management."

piedro
05/5/2021
14:00
The IMEMS is now being mentioned along side the China issues:
lavalmy
04/5/2021
15:24
Worked for us, back in the day....
extrader
04/5/2021
12:37
Thanks Piedro, on past form, I can't see China taking any notice. "might is right" seems to be China's mantra.
alter ego
04/5/2021
12:28
""China, my friend, how politely can I put it? Let me see… O…get the _____ out,"

Top Philippine Minister Tells China to "Get Out" of Spratly Islands
BY THE MARITIME EXECUTIVE 05-03-2021 03:01:55

piedro
02/5/2021
18:14
Sadly I doubt SRT can do anything about this CM-
pinkfoot2
02/5/2021
17:39
South China Sea: Vietnam building up its maritime militia, magazine says
Activities in waters near Hainan, Paracel and Spratly islands have ‘threatened China’s maritime law enforcement and national defence security’, Naval and Merchant Ships says
Matter must be ‘taken seriously and dealt with in a timely manner’, it says
Liu Zhen
Liu Zhen in Beijing
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Published: 7:00pm, 25 Apr, 2021


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Vietnam passed a maritime militia law in 2009. Photo: AFPVietnam passed a maritime militia law in 2009. Photo: AFP
Vietnam passed a maritime militia law in 2009. Photo: AFP
Vietnam is building up its maritime militia in the South China Sea in an apparent challenge to Chinese efforts to dominate the disputed waterway, according to a Chinese military magazine.
Beijing claims almost all of the South China Sea, but Hanoi is one of several rival claimants. Like China, the Southeast Asian country has a long tradition of using its maritime militia to defend its claims.
“Vietnam’;s maritime militia force and their activities in waters near Hainan, the Paracel Islands and Spratly Islands have threatened China’s maritime law enforcement and national defence security,” Naval and Merchant Ships magazine said in an article published last week.
The matter must be “taken seriously and dealt with in a timely manner”, it said.

countryman5
02/5/2021
17:14
Hopefully the Philippine Coast Guard will be impressed with the SRT / BFAR system and will soon be in the market for their own sophisticated MDM system. Vietnam and Indonesia have similar problems with China.

29 Apr 2021
Philippine President Rodrigo Duterte has said he will not withdraw navy and coastguard boats patrolling the disputed South China Sea, insisting the country’s sovereignty over the waters is not negotiable. At the same time, he added that he wants to maintain friendly ties with China, citing Manila’s “debt of gratitude” for Beijing’s help with the coronavirus vaccine.

Tensions over the regional sea, which China claims almost entirely, have spiked as Beijing refuses to withdraw its vessels from the Philippines’s Exclusive Economic Zone (EEZ) and as Manila steps up maritime patrols.

KEEP READING
Taiwan boosts South China Sea deployments, gets submarine nod
US, Philippines discuss Chinese ‘swarming̵7; in South China Sea
Philippines, Vietnam press China over South China Sea activities
Duterte is under growing domestic pressure to take a harder line but has been reluctant to confront China over the issue as he tries to foster closer ties with the economic giant.

He said late on Wednesday that while the Philippines is indebted to its “good friend” China for many things, including free COVID-19 vaccines, his country’s claims to the waterway “cannot be bargainable”.

“I’ll tell China, we do not want trouble, we do not want war. But if you tell us to leave – no,” Duterte said.

Play Video
“There are things which are not really subject to a compromise, such as us pulling back. It’s difficult. I hope they understand, but I have the interest of my country also to protect.”

Duterte’s apparent attempt to hedge the issue has drawn the ire of Filipinos on social media with many condemning the president as a “traitor”; for not taking a firmer stand on the South China Sea dispute.

In a statement on Thursday, retired Supreme Court Justice Antonio Carpio, who argued the Philippines’ case on the South China Sea before the International Court of Arbitration at The Hague, also criticised Duterte.

“Filipinos deserve, and should demand, a president who loves Filipinos first and foremost who will uncompromisingly defend Philippine sovereignty and sovereign rights in the West Philippine Sea,” he said.

Naval drills
Duterte’s remarks came after the country’s defence department said China had “no business telling the Philippines what we can and cannot do with our own waters”.

The Philippine coastguard is conducting drills near Thitu Island and Scarborough Shoal, as well as the Batanes islands in the north and the southern and eastern parts of the country.

Scarborough – one of the region’s richest fishing grounds – has long been a flashpoint between Manila and Beijing.

In response to the exercises, China’s foreign ministry said on Monday that the Philippines should “stop actions complicating the situation and escalating disputes”. Other littoral states, including Malaysia, Vietnam and Brunei, claim parts of the South China Sea. Taiwan also has a claim.

In recent weeks, Manila has boosted “sovereignty patrols” involving the navy coastguard and fisheries in the Spratly Islands – an archipelago contested by several countries.

The Philippines has also carried recently a joint military exercise with the United States.

Beijing has ignored a 2016 international tribunal decision that declared its historical claim over most of the South China Sea to be without basis.

Once-frosty ties between Manila and Beijing have warmed under Duterte, who set aside the ruling in exchange for promises of trade and investment – which critics say have not materialised.

Delays in COVID-19 vaccine deliveries has left the Philippines heavily reliant on the jab developed by China’s Sinovac.

About 3.5 million doses have been sent to the Southeast Asian country so far, including one million donated doses.

SOURCE: AL JAZEERA AND NEWS AGENCIES
RELATED
Foreign Affairs Secretary Teodoro Locsin, pictured with his Chinese counterpart, Wang Yi, had promised that Manila would file diplomatic protests 'every day' as long the Chinese vessels remain within the Philippine EEZ [File: Nicolas Asfouri/AFP]
Manila hits Beijing’s ‘blatant disregard’ of South China Sea vow
The Philippines files two more protests after maritime authorities spotted 165 Chinese vessels on Tuesday.

23 Apr 2021
The Philippine Coast Guard reported on Thursday that despite repeated demands by Manila that Chinese ships leave Whitsun Reef, at least 240 Chinese vessels remain in the area and surrounding waters as recently as Wednesday [Philippine Coast Guard]
Duterte urged to confront Chinese ‘bullying̵7; in South China Sea
Manila urged to shore up its exclusive economic zone in the South China Sea by building structures within its waters.

countryman5
30/4/2021
14:48
A little update from Bfar on the Gallery.
goodapple
29/4/2021
08:14
Not without a fight ...

Philippine Military: China Should "Desist and Leave" Spratly Islands

piedro
22/4/2021
17:12
Agree EE. Doubt the people who rely on fish as main source of food or income would agree with Duterte. Sounds like open invitation for China to grab what they like. Sad.
alter ego
22/4/2021
15:59
Maybe not enough fish to quarrel about, but definitely a good reason to manage what you have left!
eagle eye
21/4/2021
08:45
“I’m not so much interested now in fishing. I don’t think there’s enough fish to quarrel about,”

Duterte "Not Interested" in Confronting China on Fishing Rights

piedro
17/4/2021
19:39
I never knew clams were quite so expensive. Also ecologically disastrous - no wonder the Philippines want to control the fishing in their zone...



Philippines: Giant clam shells worth $25m seized in raid

Around 200 tonnes of illegally harvested giant clam shells worth nearly $25 million (£18 million) have been seized in the Philippines.

The seizure is one of the largest ever hauls of the endangered species.

Four suspects have been arrested on an island in the ecologically protected province of Palawan.

Giant clams can grow larger than one metre across, and weigh up to 250kg. They are seen as vital to the local marine ecosystem.

The Philippines is home to most of the world's giant tropical clam species.

[ ... ]

supernumerary
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