Srt Marine Systems Share Discussion Threads

[the prophet] 07/9/2016 15:28

the share price is surprisingly strong given that most close observers here expect 'dire' numbers for the interim results. I guess the share price is looking ahead to next f/y, where I hope LaV's thoughts of double digit eps may not be too far off the mark, in which case share price is an absolute steal right now!

Funny old thing, share prices, you worry when they are low and you worry when they are high (least I think it's high!).....

[dylanl2] 07/9/2016 15:24

What date are we looking at please?

[goodapple] 07/9/2016 15:13

So are you selling now hjb1?

[hjb1] 07/9/2016 15:09

trouble is, if it is dire then just how many will sell out again.It only needs Thompson or someone else to open their big mouths and down we will go..then again that's good for you eh LaVal?
Mind you I wouldn't mind it going back to sub 40p short term either...as you say it's well overvalued and it won't take much for this to plummet!!

[lavalmy] 07/9/2016 14:49

I rather hope the opposite, but in any case Phase 1 wasn't expected to be big ($5 million or so?) of which they have already rabbited $2.9 million in order not to miss last year's undemanding target.

So I would expect pretty dire numbers, a modest loss or profit, but nothing to justify the current valuation.

[hjb1] 07/9/2016 14:43

I hope ST has managed to pull forward a good slice of that Indo deal into this half otherwise it's going to look pretty gloomy for 1st half revenue..unless he pulls a rabbit of course.

[lavalmy] 06/9/2016 10:21

Seeing where they are, where they have been for the last six hours, alerting the fisherman that he is approaching a geofence etc. A lot of thought and development has gone into the Identifier.

[fft] 06/9/2016 10:18

Lv,I am thinking more of things like fishing fleets. They are only having trackers so the authorities can see where they are. They boat normally doesnt need one to see where they are. They don't go that far away from base or other boats.Is traxen tells, for example, the indian authorities where boats are cheaper than the srt alternative they will go for traxen.

[dieseltaylor] 06/9/2016 10:13

fft - I think you should perhaps check the capabilities and requirements of AIS against what a simple identifying tag can do. Light years difference. ... if you work in the smaller variety of light years : )

[lavalmy] 06/9/2016 10:09

fft

All container ships plying the oceans already have an AIS, most probably with SRT designs inside, because of SOLAS. As they renew their Class A devices, SRT expects them to have SRT kit inside.

[fft] 06/9/2016 03:58

Never heard of them before. Would I be right in thinking that one of their devices in the bridge house (without container !) could replace a srt unit (if all that is needed is position reporting to a 3rd party) ?Or do they need some srt kit inside it to communicate using ais ?

[barrieb] 05/9/2016 21:30

Thanks dt & I have posted the link on the STAR board for their interest.

[dieseltaylor] 05/9/2016 19:21

I watched- I Learned.

And this in the world of container tracking

" By the last quarter of 2016, CMA CGM and MSC will have installed Traxens devices across their fleets.
“We see container monitoring as an important innovation in providing our customers with a high quality of service, while also being able to monitor our outputs accurately,” said MSC CEO Diego Aponte. “We believe that shipping lines should naturally compete on service, but should cooperate in the area of technology and innovation.”
“This should be the start of deployment on a massive scale,” said Tim Baker, Traxens director of marketing and communications.
CMA CGM, which has been backing Traxens since 2012, said that the investment is a part of its global digital strategy. Its 536 vessels call on more than 420 world ports. MSC operates an integrated network of road, rail and sea on more than 200 trade routes.
Each Traxens device has GPS on board, but other methods can be used to save battery life, which affects the overall cost of ownership of the solution. “For instance, once we have determined that a container is on board a ship, we can use the AIS ship-positioning data rather than the GPS on the device — especially as the device may be under deck with no view of the sky,” Baker said.
Also to save power, critical decisions on location are made by the devices locally rather than transmitting position up to the cloud and making decisions there. “It is much less power hungry to evaluate GPS position on the device, compare location with expected location, and then decide whether the information is worth transmitting than to send each position to the cloud just in case it happens to be interesting,” Baker explained."

[owenski] 02/9/2016 22:34

Dont think this link has been posted before, it's the source video posted of the maritime security conference pictured on the SRT gallery.

[supernumerary] 01/9/2016 11:34

I sometimes wonder if SRT is the opportunity of a lifetime at the heart of one of the great growth industries of the 21st century, or an under-size tiddler that's about to get crushed beneath the feet of the US high-tech giants. Somewhere profitably in-between will do nicely...

[the prophet] 01/9/2016 10:47

Interesting article, sn, more to this satellite stuff than meets the eye, a lot of new developments coming up.

[supernumerary] 01/9/2016 10:37

If anybody has a few minutes to spare, they may find this interesting:

Apparently SpaceX is wondering what to do with its new giant rocket, and contemplating the possibility of launching a constellation of 4,000 satellites! Lots of other interesting satellite work going on too... I expect Mr Tucker would like a slice of some of that ;¬)

[lavalmy] 01/9/2016 10:29

Not forgetting that Indonesia doubled from $50 million to $100 million.

[the prophet] 01/9/2016 10:16

Which presentation is that hjb?
if it's the AGM one, the US does not feature separately as it's a mandate and not a project?
I think the VSP and order book is increasing year on year and not 'vanishing'?.....

[eagle eye] 01/9/2016 10:15

hjb1, You aren't very kind to someone who is paying for your Xmas turkey this year are you?

[extrader] 01/9/2016 10:11

Hi hjb1,

Good spot ! Why not drop a line to the co - and share the reply ?

TIA

[hjb1] 01/9/2016 09:46

I notice on the latest presentation that the US does not even feature as a future revenue channel. Blimey $50m down to zero...how much more of the " VSP" is just going to vanish and is NOT going to happen??
Jam Tomorrow anyone!!

[fft] 01/9/2016 01:52

I have a preference for contracts being signed ! and mandates (i.e. USA, Russia, EU inland waterways) actually living up to the hype (revenue) rather than very disappointing numbers that have been reported over the last few years.

When we get the above (and with some completed with revenue/profit as expected), then we can start talking about dividends and share buy backs.