Srt Marine Systems Share Discussion Threads

[smartmoney100] 23/6/2017 17:48

Clearly a flawed investment. We're using WW1 satellites :-)

[jamiemp] 23/6/2017 17:33

Sorry, someone asked if I know how many seagoing vessels there are and I forgot to respond: 50,000 "merchant" vessels. Segmenting the market, people tend to talk about 30,000 addressable vessels. The rest being "grey" or "black" tonnage i.e. state controlled or otherwise subject to limited regulation.


Fishing vessels there are probably something like 2 million worldwide.


Interestingly the FAO's strategic objective is to track and control fishing fleets to minimize what is perceived as a 50 billion USD economic loss through poorly managing geographical spread. Hence their interest in AIS (not anti-piracy).


Not sure if posted earlier in this forum.

[jamiemp] 23/6/2017 17:14

Just trying to help casual readers. I'm surprised there is even a forum for SRT.

I can assure you I am intimately familiar with them, their technology and their competitors but it seems like a dead end product range to me.

That being said, I sincerely wish good luck to all holders. It would not be the first time I have overlooked the value in something.

[pi0110] 23/6/2017 17:13

"Just a comment on SRT (lon:SRT) from someone in the industry"

Always nice to get to know the floor cleaners in our industry, keep up the good work

[yumyum] 23/6/2017 17:04

tkb123, thank you for that. Maybe the stockopedia comment is confusing SRT with a satellite company? Satellites now are ten a penny and indeed have become rather commoditised. SRT clearly says that the AIS market is open to all. Please note that it is a very, very big market. If you have a boat and some money (like a few hundred dollars) then you do want AIS. It is a safety issue - preservation of your life. If you do NOT have money then you will not fit AIS unless you are obliged to by some state obligation. You can be absolutely certain that those state obligations will come thick and fast over the next two or three years. I wonder if the commenter would know how many seagoing vessels there are in the world? Apparently quite an expert.

I do not think stockopedia themselves have a clue about the marine world at all, yet alone maritime domain management. Basically the sea is dangerous...so keep away.

Maybe some contributors also see things as only land-based ...and strangely do not like bread and butter ! i.e....SRT are profitable.

Sell Inmarsat/buy SRT?

Have a good weekend all. The contract awards are coming...re-rating will automatically follow (btw, thank you EC...point well taken and mostly understood..).

This company SRT is a gift share - it was 18p in March 2016, has progressed amazingly, and will continue to give. A remarkable company, that most run of the mill dullards like stockopedia have no ability to assess. They do not really deal in risk assessment. Thank goodness. Trying to create a dull stock assessment company and make money from it. That really is DULL ! Anyway, they seemed to have assessed SRT as a bete noire....too exciting to assess.

SRT is not dull. It is market leader in a huge and growing area of £££;££$$$$$.

I look forward to the pedia reassessment after some new contract awards. Humble pie.

[astralvision] 23/6/2017 15:52

tkb123

no, the points raised are not valid and the writer shows a chronic lack of knowledge of the market and of SRT.

It's not really worth dignifying those comments with a detailed response, other than to say if anyone really thinks this is WW1 technology, perhaps they should have a read here first

[tkb123] 23/6/2017 15:45

Long time holder and avid reader of this excellent BB. I have copied a comment made today from a Stocko''edia subscriber. To the folks with much more knowledge than I have - are the points raised vaild? Based on everything I have read here over the years it doesn't sound right, so just interested in alternative views....Thanks

[QUOTE]
Just a comment on SRT (lon:SRT) from someone in the industry: AIS transponders and several other of their products are very basic, low tech devices. As in WWI era technology. There are dozens of suppliers around the globe. Demand is 100% driven by the need for statutory compliance (a one off for each ship) and there is not and never will be a ship owner willing to pay a premium for one device over another. I see they have the UK VTS systems - basically air traffic control for sea lanes - a very finite and chronically underfunded market. Completely different from Inmarsat for example, which was the market leader through a boom in leading edge, value add communications devices in the maritime industry.
[END QUOTE]

[lfc4ever] 23/6/2017 13:03

hopefully will clear some of their stock backlog too.

[yump] 23/6/2017 11:18

Its gives prime-spot PR, given that everyone ? knows about the problems around Somalia, partly courtesy of Captain Phillips.

[astralvision] 23/6/2017 11:05

Excellent news, SRT are building something rather special here. Lovely little company, possibly not so little looking ahead.

[tonsil] 23/6/2017 10:52

Invaluable international recognition Becoming a de facto standard?

[supernumerary] 23/6/2017 10:47

A muted response - pity to release it on Friday. Still, it's good news, and to be welcomed. These small orders all move srt up the learning curve, and will surely grow over time - support fees, upgrades, additional vessels and services etc.

[goodapple] 23/6/2017 08:16

A small rabbit maybe, but its good that the order has come from the United Nations FAO.
Indicates that they recognise SRT's products and systems for Somalia's needs, including satellite data.
The UN will have plenty of other states on their books as potential customers if this one works out well.

[goodapple] 23/6/2017 08:08

Bang on time..... a small rabbit.

[hjb1] 22/6/2017 10:40

yes, Tucker will want to get some feelgood news out there before the AGM.Helps to ease the pressure on the day. Might be a good time to buy a few because I reckon it's odds on we will get something soon even if it's financially insignificant like the two you mention.

[goodapple] 22/6/2017 09:41

Hoping for a rabbit (or two) to emerge from the hat before the AGM in a couple of weeks time. Last year it was Trinity House and Panama Canal which raised the spirits.
Meanwhile we drift a bit.

[9degrees] 21/6/2017 18:46

trades all up swannee again!

[9degrees] 21/6/2017 09:23

oops spoke too soon it is back in action again but down!

[9degrees] 21/6/2017 09:17

is adfvn trading still out of action as no trades are showing again today??

[piedro] 20/6/2017 18:22

Goes to show - there is a lot of work to be picked up

AMGS Wins Contract to Upgrade Vessel Tracking

[trexpert1] 20/6/2017 12:25

Many thanks YumYum. TR