Srt Marine Systems Share Discussion Threads

[pugugly] 24/2/2018 07:46

Kimboy2_ U beat me to it !! but added headlines for the article

"World's fishing fleets mapped from orbit"

And also a question for all - Who were the major suppliers of the transponders ?

Most surprising for me is that (so far as I am aware) no mention of this mapping technology in respect of fishing has been mentioned before or trumpeted by SRT - or have I missed it ?

[pugugly] 23/2/2018 08:22

Can somone please remind me of the current relationship beween ExactEarth and SRT - Seem to have been so many changes over the years that I (silly me) have lost track -
Are they now a competitor or a partner and if so on what terms?
Thanks in advance -

[barrieb] 23/2/2018 08:11

bypooh. Thanks, not really positive then!

[bypooh] 23/2/2018 07:59

Barrie

Good spot, but it is the last of their first generation constellation which they have already mostly written off. One can assume that it had been contracted a long time ago and they couldn't get out of it.

[barrieb] 23/2/2018 07:44

Prospects cant be that bad if they are still prepared to keep investing!



I wonder how it will compare with ours and is this a reason for the delay in confirmation of contract!

[yumyum] 21/2/2018 11:17

...that would be a perfect time to buy.

[yumyum] 21/2/2018 11:00

But it could well be the share price takes a dive first, if there is a profit warning announced before a contract win is announced !

[yumyum] 20/2/2018 23:22

....which means big profits in case dum dum did not understand ;-)

[yumyum] 20/2/2018 23:13

The projects ARE coming in (not IF) ...although when (WHEN) is not clear.

I assume that a minimum of 4 (FOUR) and a maximum of 7 come in before 31st Dec 2018.

[yumyum] 20/2/2018 23:11

hey homey you seem a bit dum dum

[extrader] 20/2/2018 18:00

Hi goodapple,

Well, your explanation certainly makes more sense....and is consistent with a 'boosterish' CEO. Suggesting he doesn't care if a project comes in or not is hardly likely or plausible.

If you're a hammer , I suppose everything looks like a nail.

ATB

[goodapple] 20/2/2018 17:47

homeboy, I think you misinterpret the CEO's words. I think he's saying it's not a question of "if" the projects come in.

[homeboy] 20/2/2018 17:12

dum dum, the CEO states in the webcast that he's not worried IF the projects dont come in, what part of that don't you understand.

Would have thought an investor would be very bothered if a project doesn't 'come in'. Just thought it worth mentioning.

[jimpubes] 20/2/2018 16:37

Obiterdicta thank you and some good points.

YumYum you imagine that the future will be rosy.
The facts are not looking rosy at the moment.
Great things may indeed happen, or not. But facts on the ground are pretty much what Obiterdicta is saying.

My shares are now worth a fraction of the initial investment. That is a fact. But Tucker is happy so that's all right then.

If I was a newcomer looking at this company as it is now it does not look like a great investment.

Piedro. Instead of attacking persons and name calling; why not try explaining why you think SRT is such a great investment at the moment? Just a thought.

[yumyum] 20/2/2018 16:15

homey....maybe listen AND try and understand ? Both at once is difficult for you ? What implication do you need help with ?

[piedro] 20/2/2018 15:48

WOW!!
The slammers are out in force
As if we didn't already know

[obiterdicta] 20/2/2018 15:35

Correct Philburt - this could spike at any time but I am happy to sit and wait. If I miss the bus, as the saying goes, there will be another one along soon.

OD

[philburt] 20/2/2018 15:13

OD - the danger is, the difference between demonstrated 'momentum' and 'missing the bus' is a thin line....

[homeboy] 20/2/2018 15:05

Worth having a listen to the latest webcast. 20mins in to 20:20mins, the CEO says not very worried about projects "when they'll come in OR 'IF' THEY'LL COME IN".

I'd pay attention to the implication of those words.

[obiterdicta] 20/2/2018 14:50

If I get the opportunity to buy at or below 20p I will do so.

At the moment the Company (and the sp) lacks momentum.

OD

[yumyum] 20/2/2018 14:42

oberdicta, yes, that was indeed a hammer blow. I still think the future looks good though.

AIS is a very interesting space. Can SRT make money out of it? I think so.

[obiterdicta] 20/2/2018 14:33

Hi yumyum - you were predicting a £1.00 by Christmas last June. The hammer blow for the business was the RNS on 31 July 2018.

You may be right that contracts may be announced but it is all a bit "the cheque's in the post."

OD

[yumyum] 20/2/2018 14:21

Fair points, oberdicta, but the growth is in the future not in the past.

homeboy, see above.

Yes, the past may guide you to the future....or it may not. SRT is pretty clear about what they do. If you find that difficult then clearly such an investment is not for you.

Ambitious company. I expect its shareholders will be well rewarded.

It is all much slower than I expected, but I am still expecting SRT to be in a very good position within 6 months (share price-wise).

These big contracts take longer than long. I still think they will roll in, at which point the whole company analysis moves from history to future.