Srt Marine Systems Share Discussion Threads

[philburt] 09/5/2017 13:47

Yes, Piedro. No criticism intended. Just wary of hjb1's crystal ball gazing... 😂

[yumyum] 09/5/2017 11:58

...assuming we have finnCap's profit forecast before August.

[yumyum] 09/5/2017 11:32

We like your posts Piedro.

We like hjb1 when he lets us keep our rose tinted spectacles !

I expect 75p before August.

[hjb1] 09/5/2017 11:23

well it certainly can't be me either!! ha ha! ....75p by August?

[dieseltaylor] 09/5/2017 11:18

I do not think the comments are aimed at you Piedro.

[piedro] 08/5/2017 15:28

"We were just getting back to reasonable posts here!"

Sorry for messing up your bb.
I'll leave you to your "reasonable posts"

:-(

[yump] 08/5/2017 13:39

Apologies guys. I'll go back to preparing all the jam jars ;-)

[philburt] 08/5/2017 13:05

seconded! :)

[2vdm] 08/5/2017 11:28

Yump, please don't wake him up. We were just getting back to reasonable posts here!

[yump] 08/5/2017 11:16

Now is the time for hjb1 to start posting that the share price is overblown.
Get a bit of credibility if it drops back to 40p.
Rather than posting so much negativity when it was 30p.

Of course when a share price is doing well, the doomsters get a load of stick, which is hard to take for some.

Nothing new in the world of bb posting really is there ?

[piedro] 05/5/2017 14:21

I'm getting confused. There seems to be VMS which is a system for monitoring and VMS which is a particular form of communication.

I hope someone can explain.

Also, Indonesia has had VMS since 2002

[piedro] 05/5/2017 13:43

YUMYUM,

I assume that the Indonesian VMS data has been collected using the SRT system - {why would they have 2 systems?}.

Which case, its superiority over simple AIS is clearly demonstrated.

Thus, in the interests of fishery control, the means of data collection worldwide needs to be updated

And thanks to Indonesia for a peek into their capabilities

That's my logical reasoning which surely is at fault.


AIMHO.

[countryman5] 05/5/2017 13:39

27 to 28 June. Manila. Gov conference on enhancing maritime security. Technical innovation. Photo of ST on website? Gallery shows SRT being trialed? Conference opportunities for networking and announcements.

[yumyum] 05/5/2017 13:10

Piedro, thank you for your article. Very interesting although not quite sure the implications for SRT.

[piedro] 02/5/2017 22:29

trident5,

If the VMS mentioned in the article refers to the SRT contract, then they seem to be quite advanced.

It is certainly apparent the superiority to simple AIS ...

Without Indonesia's VMS


With Indonesia's VMS

[yumyum] 02/5/2017 19:44

Agreed, diesel. A quarterly webcast will add visibility. More contract wins will also create a slightly more evenly spread revenue stream. When we get to £100m market cap that may help liquidity too.

I still expect a takeover. After ST's 75p and £1.25 share price targets/bonuses are reached. I have been buying, not selling.

At the moment I estimate SRT's p/e ratio, based on y/e March 2018, to be between 3 and 4. Way to go.
Admittedly just my estimate. Very much looking forward to finnCap's forecast including vsp. Sometime in June?

[dieseltaylor] 02/5/2017 19:23

Another first rate piece of communication with shareholders. The talk was concise and clear on what we will be hearing in future and also a regular time. Very satisfying to have quality management .

The strategic moves, particularly GVeos, are showing how classy the company is. One very happy holder.

[trident5] 02/5/2017 18:36

Piedro
the article you linked to - suggests Indonesia is going live next month?!

[muckshifter] 02/5/2017 12:03

Two quick points from the webcast aiui:
The order book related to mandated projects looks slightly lower than you might think judging by the announced "orders", but that to me is an indication of good progress with fulfilling those orders which means work has gone from order book to invoice stage.

And perhaps my "glass half full" instead of half empty reading, of what was said about fluctuations in the value from those estimated at time of order announcement, but the fact that ST mentioned order values may go up or down as work progresses makes me wonder again about the huge potential for increase in the far east contract assumed to be Indonesia. If GOI was considering a major expansion of the project there would be room to double or triple it easily imho, although it looks a little early for this to be under consideration.

[visionon] 02/5/2017 10:03

Better reception for listening to TMS at sea perhaps.

[goodapple] 02/5/2017 09:53

I must watch webcast again to check, but I got the impression that the new antenna would be a serious game changer with possible applications beyond AIS?

[alter ego] 02/5/2017 09:25

Interesting that Africa got mentioned. Wasn't on SRT's radar a year or so ago.

It's obvious there's lots happening but Simon is clearly very constrained about what he can say publicly both regarding projects but also regarding R&D specifics. That must make it harder for new investors to feel comfortable. No wonder he thanked Bahrain for being so open.

[parsons4] 02/5/2017 09:19

I agree with TP as usual, they have now definitely just hit the sweet spot as the WIP is a substantial sum and will only get bigger. We must be now talking about tens of millions in profits going forward and therefore hundreds of millions in valuation terms !!!!

[eagle eye] 02/5/2017 09:04

Good post TP.
IMHO the $100m order book looks a tad light. The Far East contract of March 16 was reported to be worth $100m alone and we have had several contract announcements since then.
Interesting news re performance of HF-AIS and development of new antenna.
ST commented that SRT 'look forward to a very good year ahead'.
Final results on Wednesday 7th June should make interesting reading.