Srt Marine Systems Share Discussion Threads

[2vdm] 10/8/2016 07:46

Thanks YumYum. At last something not to do with share options. Good to see a non-exec buying today too.

[hjb1] 09/8/2016 21:29

Kalkan; who's angry?...not me! and I always respect TP's well rounded views.

[kalkanite] 09/8/2016 21:26

HJB/Trident

By all means continue to post your views but please don't spoil what is up until recently a very good board by using personal attacks.

TP has given his views which I personally agree with but also understand why you are both angry, but TP has stated quite clearly that we are all entitled to our views so please also respect his views also.

PS - don't shoot the messenger :-)

[the prophet] 09/8/2016 21:22

Trident5No problems, the information was given to me by Mr Tucker.But please feel free to make your own enquiries.Whilst I have said that everyone is free to take their own view on the matter, I do resent the 'duped' phrase you have used.I first invested in SRT at 6 or 7p quite a few years ago and have been a close observer of all things SRT since. I have attended agm's , meetings and tried to understand both the management and the business.I try to run the thread in a sensible manner and welcome debate. It certainly has not been a smooth ride, but SRT have always been open and conducted themselves with integrity.They have their faults, like any other business. They have been to optimistic in the past and revenues still look like they will be lumpy going forwards. But I am absolutely adamant I have never been 'duped'.I can understand it if folks are not happy with some aspects. Fine. Accept, make your own enquiries, sell, buy, the decisions are there for us to make and we must do whatever we all see fit.But I would prefer it if posters didn't tell me what has happened or suggest I've had the wool pulled over my eyes without bothering to find out more.Thank you, and that really is my last post on this matterOver and out!

[trident5] 09/8/2016 21:10

No
I have a policy of not talking to directors or attending agms in case you get too caught up in the spin. TP seems to have been duped if your inference is correct.

[hjb1] 09/8/2016 21:06

well you can always phone or email ST yourself.Maybe he can smooth talk you too.

[trident5] 09/8/2016 21:05

well why wasn't it in the accounts then? There's something dishonest here

[hjb1] 09/8/2016 20:55

Trident behave, you know who he got it from.

[trident5] 09/8/2016 20:52

The Prophet

you;re the guy who said these options were set 6 months ago

Do you mind explaining where you got that information from

[ramnik007] 09/8/2016 20:46

I am sure nothing was mentioned in the Annual Report as the issue would have resulted in a lot of questions at the AGM, and the directors would have found it awkward to justify. Hence an RNS at 15:38.

[hjb1] 09/8/2016 20:30

5 months ago?,,,blimey I'm still waiting for some 5 years ago!!

[buck581] 09/8/2016 20:02

Seems like ST's not as open, frank and honest as he would have us believe.
Like someone else said, all the trust and goodwill built up over the years is gone.
Show me a contract. Either of those that were imminent 5 months ago would be nice.

[hjb1] 09/8/2016 19:49

Tucker's word I expect!

[trident5] 09/8/2016 19:38

I am more than happy to take SRT's word for what happened.
,,,,,,,,,,,,,,,

where is this word coming from?

[the prophet] 09/8/2016 18:36

please speak for yourself, hjb1.

I am more than happy to take SRT's word for what happened.

In any case, even if it was or wasn't agreed 6 months ago (agreed, not signed off!!!) I'm happy with the option package so it makes absolutely no odds to me at all. It is only right and proper that these guys are suitably incentivised.

The good thing about shares is that if you really don't like the actions or results or anything else, you are free to sell. Sp and liquidity are good right now.

Again, I'm not saying others can't have a different take on these matters, that is their prerogative.

[hjb1] 09/8/2016 17:58

all the goodwill/trust Tucker has tried to garner over all these years with all the webcasts and prompt replies to all emails etc etc...seems to have gone in a puff of smoke...expecting people to believe that rubbish.

[lavalmy] 09/8/2016 17:17

If it had been formally approved by the directors six months ago, it would have been disclosed at that time. And some of you who are whingeing about it now, would have whinged then, possibly saying that by setting the bar at 2.5, 3.75 and 6.25 times the price then, the directors were giving punters a hopelessly over-optimistic view of where they thought the share price was heading.

hjb

If a contract were to be imminent, they probably would have revised the terms to higher levels. They still get the same shares no matter whether the share price is £1.50 tomorrow. If they thought that was likely, they could have set the first tranche at 75p or a quid or whatever. It makes jack all difference to what they make as long as the share price has gone up.

[hjb1] 09/8/2016 17:05

on the flipside are they now having to get the news out asap because there is a contract/s waiting to be signed...?

[trident5] 09/8/2016 16:59

If it was decided 6 months ago - doesn't that need disclosing in the accounts?

[ramnik007] 09/8/2016 16:05

Decided 6 months....admin error....sounds fishy....loss of some credibility I think

[trident5] 09/8/2016 15:58

LaV
I think you'll find ST advises the RemCom. It sucks.

I know this company has been very open, but the other side of that coin is share promotion. You could argue that a lot of that has gone on here.

And how do we know this was decided 6 months ago - unless I'm missing something that has come out of nowhere.

[supernumerary] 09/8/2016 15:38

Piedro - the directors (and all the other staff by all accounts) were obviously very enthusiastic, but so have they always been. And a very good thing too.