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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -1.12% | 22.00 | 21.00 | 23.00 | 22.25 | 21.90 | 22.25 | 404,818 | 10:26:39 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Communications Services, Nec | 30.51M | 69k | 0.0004 | 550.00 | 42.34M |
Date | Subject | Author | Discuss |
---|---|---|---|
01/9/2017 09:53 | Hi DJ Trading, You do have a way with words ! ....the fact that SRT are prepared to write off a £2.2m debt ...they are required to do so under accounting conventions, your use of 'prepared' = 'apparent willingness' is an unwarranted inference. BTW, the links you offer to the JRC articles relate to coastal stations and distress communications systems, not obviously related to MDA. ATB | extrader | |
01/9/2017 09:44 | Yump - I'm not trying to confuse just trying to get people thinking and dtor on Indonesia There are clearly issues and the fact that SRT are prepared to write off a £2.2m debt is a clue that this isn't just a slight delay - I also have concerns about the main Contractor and lack of news on their website for over 12 months. So having found that JRC have expanded their presence in Indonesia recently I though some might be interested. They have been active in Indonesian Coastal surveillance for over 30 years. Why are they suddenly expanding their presence if the $400m? coastal surveillance contract ($100m to SRT) has gone to another party? Are they doing other work (safey/disaster prevention) or perhaps subcontracting like SRT? who knows, just thought it was worth mentioning as I stumbled across it. "DJ Trading31 Aug '17 - 09:17 - 5668 of 5695 1 0 Edit And July 2017 News - "JRC launches local corporation in Indonesia to expand its coastal/disaster prevention business." | dj trading | |
01/9/2017 09:00 | astralvision Not aimed at you - just general. Some folk are posting stuff that is any sort of order from Indonesia for any sort of company, about any sort of product, without attempting to put in context. alter ego 2 separate debates I think - the existing customer debate is re the recent SRT contract. The JRC link nothing to do with that. Indonesia are an existing customer of JRC with legacy systems in place: | yump | |
31/8/2017 16:24 | I'm confused. Where does it appear that JRC are an existing customer? | alter ego | |
31/8/2017 16:16 | yump I'm not referring to the contents of the post, I agree with your take, I'm referring to this wrt the 'existing customer' debate. | astralvision | |
31/8/2017 16:05 | That Japanese reference looks like an update of legacy systems that have been in place for 40 years or so and under some sort of supply/update agreement. The problem here is that anyone can read anything into anything, apart from the handful of folk that have actually done a load of proper research (which doesn't include me, so I'll just go by those, including ST, who actually put information into context). No context = ignore. | yump | |
31/8/2017 15:53 | I think DJ Trading did a most interesting post here re 'existing Japanese customer' | astralvision | |
31/8/2017 15:51 | 2vdm, Existing Japanese customer - might be Koden. I think they sell the existing Poseidon Class A - see here: hxxps://www.koden-el | alter ego | |
31/8/2017 14:17 | Many thanks Extrader. An unexpected piece of good news. It is going to be a great year for SRT. | yumyum | |
31/8/2017 14:05 | I stand corrected then on my earlier post, apologies to all and thanks to 2vdm. However that is good news in that there is still a large new potential global customer that SRT are in talks with. | astralvision | |
31/8/2017 14:01 | I received a reply earlier from ST about the vagueness of the RNS and whether it was a new client or a new contract for an existing client. He replied as follows "Yes the wording that the customer required us to use is not entirely clear. It's a new contract with an existing customer that renews and expands their AIS product range so they can address all demand segments." So hopefully that helps a bit. | 2vdm | |
31/8/2017 13:33 | Extrader: Just to add my thanks to you and ST for supplying and sharing the comprehensive reply (post 5675) that addresses the concerns of a lot of long term holders. Today's RNS lacks any numbers but under the AIM regulations (which SRT seem to follow where many do not), any information that might affect the share price or is "substantial" has to be notified. As I read it, substantial in terms of turnover is "greater than 10%" To be supplying electronic equipment to a Japanese company would show how much the world has changed. Or might it be US Flir/Raymarine? (Flir has maritime sales of over $200m pa) Feeling more positive again about being overweight in SRT. | cliffpeat | |
31/8/2017 13:31 | Well done ex trader. Could TP put some kind of link in the header so people can be reminded of ST's very informative email ? Todays RNS looked very good. | visionon | |
31/8/2017 12:12 | here here !!! | parsons4 | |
31/8/2017 12:03 | Think you may have hit the nail on the head with that last post Extrader. | astralvision | |
31/8/2017 11:51 | Hi Pandeck, Tucker has invited questions from the sceptics, knockers, doubters and anyone wanting more info - twice in the msge I received. But where's the 'fun' in that ? ;-> ATB | extrader | |
31/8/2017 11:29 | fft, there is a simple reason why SRT do not name their customers. The customers don't want to be named. If it was general knowledge that company A and company B were using exactly the same internal circuitry it would rather cramp their ability to differentiate themselves to their end customers. The main reason we on this message board know who many of SRT's customers are, is not because SRT have told us although occasionally they do let slip, but is the result of good research. | alter ego | |
31/8/2017 11:19 | Extrader - Thanks for taking the trouble to get that information and to share it here. | effortless cool | |
31/8/2017 11:16 | Thank you Extrader for posting that, a very full and informative reply. | astralvision | |
31/8/2017 11:05 | Well done Extrader that was a very full answer from Simon as usual. I for one am not giving up on this one, though I have reduced my holding by about a third !!! | parsons4 | |
31/8/2017 10:44 | I dont understand why SRT issue these very obscure RNS's. It would be perfectly easy to say who the customer was, and whether they were a new customer or not. If it is an existing customer, the increase in revenue could well be minimal and the RNS comes over as desperation after the Indonesia mess, and the outrageous zero cost options the directors took last year. | fft | |
31/8/2017 10:40 | There's two doors, one to heaven and one to hell. In front of one door is a bad angel who always lies and in front of the other door is a good angel who always tells the truth. What question (only one) can you ask one of the angels, to find the door to heaven. Theres a clue in the number of combinations of possibilities for this contract ;-) | yump | |
31/8/2017 10:36 | It's a new contract with an existing customer. | 2vdm |
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