Srt Marine Systems Share Discussion Threads

[philjeans] 13/9/2017 10:46

Looks like good news just ahead Cap'n............

[countryman5] 08/9/2017 20:48

Our previous chairman received minimal financial reward because his reward was via his very substantial shareholding. We now have a new chairman who must be exceptional if SR and ST voted in favour. I suspect that his remuneration will be much grater than we are used to... but he will have to deliver. There must be an expectation that he will be buying shares and not just the odd hundred thousand. Shareholders expect commitment. I hope that he is not offered share options. My understanding is that it is poor corporate governance for NEDS to receive options. I await the regular RNS of our chairman buying shares. No substantial shareholding before the AGM would need explaining.

[piedro] 08/9/2017 18:24

FWIW,

Global eNav - Great Benefits Awaiting a Resilient System
By Captain Dana A. Goward, USCG (ret.) and Dr Paul Williams
2017-09-06
The next great leaps for international maritime productivity are poised to be the introduction of autonomous/remotely operated vessels, and the multitude of maritime and supply chain efficiencies brought about by the promised but long-delayed implementation of IMO’s eNavigation concept.
Unfortunately, both opportunities rely upon a resilient electronic positioning and navigation architecture that IMO first called for in 2008, but which still does not exist. ... ...

[goodapple] 07/9/2017 20:50

Thanks Extrader.

I read that as "30 days"? If so, stay alert.

[extrader] 07/9/2017 20:26

Hi goodapple,

If you google "closed periods for aim companies" , all will be revealed....

HTH

ATB

[goodapple] 07/9/2017 20:21

What are the Stock Market rules on this?

[extrader] 07/9/2017 16:48

Hi all,

Reminder : Extract from ST's email reply to me of a few days back :

...we developed our VSP concept to narrow down our focus from the 50 or so active discussions we have ongoing down to 12 or so high probability opportunities that we feel confident will contract with us ....

The new Chairman Kevin Finn (w.e.f. 17 August) is overdue a maiden purchase, I wonder whether he's not allowed to atm.....?

ATB

[eagle eye] 07/9/2017 15:10

It's still early days here IMHO.
Core business gets SRT barely to break-even, so projects are needed to drive earnings and the share price.
I think the management team have re-positioned the company well over the past couple of years, but the share price has essentially spent many years going nowhere.

[philburt] 07/9/2017 10:02

YumYum - I'm with you on that. Couldn't have put it better. Keep hoovering up cheap shares on the drops....GLA & DYOR :)

[yumyum] 06/9/2017 22:08

Techno...yes EC that is probably true. Oversold.

Techno...no other idea.

The current value is just for the core. If there is extra...well then this will have to be valued by the market. And it will be! IF....

...WHEN.

The Indonesia knockback has been bad for the share value. The lack of swift MDM-type contract wins is also unhelpful. Continuation of over-promising and under-delivering. But very quickly that changes with just ONE additional decent contract win (which is moreorless nailed on in my humble opinion).

Meantime the core, and the market positioning that SRT have, justify way more than the current company valuation.

A lot of weaker holders have cut length/sold out. I think there is scope for a significant and very quick jump in the share price.

I support the company and its management.

Not selling.

Waiting for the takeover bid/s.

[effortless cool] 06/9/2017 14:01

Techno, techno, techno,

Techno

[techno20] 06/9/2017 13:43

Anybody spotted a reason for today's rise?

Techno.

[countryman5] 06/9/2017 09:56

We have a new chairman who has been on board for a while now. I would expect to see some share purchases (RNS) unless he is privy to inside information. Either scenario should move share price upwards. Large share purchases might indicate imminent Chairman purchase RNS.

[cliffpeat] 02/9/2017 17:17

Interesting article, Piedro.

And there is a connection with Nikola Tesla.

Inventing remote controlled boats was one of Tesla's (unfulfilled) projects at the end of the 19th century. He argued they would bring world peace because of their potential to knock out warships - and at that time no warships = no wars.

[piedro] 02/9/2017 16:12

Not related to SRT but interesting ..

Test of Remote Controled PSV Successful
By MarEx
Gulfmark Offshore's platform supply vessel (PSV) Highland Chieftain was sucessfully put through a sequence of maneuveres in the North Sea under remote control from a Wärtsilä office located in San Diego, California, some 8,000 kilometers (5,000 miles) away. ... ...

[kinbasket] 01/9/2017 15:39

LateralThinker.

I don't know what SRTs "play" on VDES is or will be (if indeed they need one) However, what I do know is that the development of standards that affect AIS will not be a surprise to SRT. They have staff members who sit on the IALA, IMO, ITU and IEC Standards Committees for AIS. I'm confident they are well aware of any industry wide developments and are acting accordingly. If there is an AIS pie, we have a finger in it.

[hjb1] 01/9/2017 12:44

ok, were there!

[pandeck] 01/9/2017 12:33

hjb1, the vdesconference was on 13th February 2017....

[hjb1] 01/9/2017 11:51

I notice exactearth are there!

[lateralthinker] 01/9/2017 11:32

Has anyone heard management discuss anything about VDES - a new high speed marine data system that incorporates AIS? Slated to start being deployed over the next couple of years. I wonder what SRT's play might be seeing as the standards appear well advanced.
Link here:-

hxxp://www.vdesconference2017.co.za/about.html

[extrader] 01/9/2017 10:07

Hi DJT,

....Ex - I know a little about accounting conventions
DJT FCMA

All the more reason to avoid tendentious interpretations, then !

ATB

[barrieb] 01/9/2017 10:07

Have we got a big buyer here disguising his trades as rollovers! To many double large trades over the last few days for this just to be rollovers unless someone else knows different?

AIMHO

[astralvision] 01/9/2017 09:59

yump

Just to clarify my views here, I believe JRC is the customer referred to in yesterday's RNS. That is why I re-posted DJ Trading's link, on reflection I should have just stated my view and not 'muddied the waters'.
Hope that makes my position on it clear
av

[dj trading] 01/9/2017 09:59

Ex - I know a little about accounting conventions
DJT FCMA