Srt Marine Systems Share Discussion Threads

[yumyum] 15/5/2018 09:12

I have sold a very small part of my holding today at 35.6p. Basically taking profits on (some of) the shares I could not resist buying recently at prices between 32p and 20p.

I remain massively bullish on SRT. I am hopeful of a takeover this year.

[yump] 14/5/2018 15:07

Or at the very least, if a lot of resources are going to be taken up on a massive project, then a massive upfront payment.

It sounds pessimistic, but even very large companies taking on record-sized projects, can often put themselves at risk. The 'one big win' isn't necessarily good for a smallish business, especially when it involves payment through a third party and the final customer isn't exactly known for rapid payment.

[papy02] 11/5/2018 11:52

Hope they give Indonesia a miss. Don’t want to join the shareholders of Avanti or Churchill Mining facing wipeout thanks.

[fft] 11/5/2018 11:23

So which project is 'in' (as per ST at Mello) ?I wouldn't be surprised if his nomads haven't given him a talking too about that. It's not the right way to run things.

[eagle eye] 11/5/2018 10:29

Good spot BarrieB,



The Gallery shows:

5th April: 'Indonesian Port Authority discusses adoption of SRT VTS System'

Also 2 pics dated 26th April:

'GeoVS being presented for massive Indonesia SMART port program'
and
'GeoVS Dynamic 3D display function demonstrates enhanced situational awareness'

[barrieb] 10/5/2018 23:51

It looks as though Indonesia is still just alive and maybe starting to kick based on the Geovs presentation pics on the web site where they state massive smart port programme!

Lets all hope they are successful as they deserve it for the quality of product, foresight & development of systems, tremendous effort and enduring patience.

Come on SRT you can do it.

[fredfishcake] 10/5/2018 15:56

Blimey - at this rate I'll be back at breakeven tomorrow!

[boadicea] 10/5/2018 14:26

Some very odd trades reported today.
Why is someone apparently offering or selling stock at 32.8p while there is a bid of 34p?

[yump] 10/5/2018 12:10

Wonder if we'll get the 3 buses at once thing happening...

[goodapple] 10/5/2018 11:28

Should be a webcast this month?

[yumyum] 10/5/2018 11:26

With t/o forecast for y/e March 31 2019 £20m then it implies decent profitability (and big growth in the wings as usual...). Cheap growth stock at this price.

[yump] 10/5/2018 11:02

Seems very lively, considering not much out there apart from the update.

[yumyum] 02/5/2018 11:13

I suspect the one that is 'in' (Philo2) needs signing still.

[fredfishcake] 02/5/2018 10:22

While we're waiting for concrete news, I'm interested in Gerihatrick's comment from Mello:

"Of the 4 contracts that were described to be in an advanced state, one is now in and 3 still to come"

Has this ones that's 'in' been RNS'd while I was asleep? I seem to remember that companies are meant to RNS anything that's material, which I thought was defined as something that would make a 10% or greater difference to expectations. Assuming this hasn't been RNS'd, does this mean that this is a very small contract?

[yumyum] 01/5/2018 12:23

gerihatrick, turnover of £20m would be disappointing for me, but very good for the share price.

[dj trading] 01/5/2018 09:43

Yump - you complain when I post and you complain when I don't - make up your mind!

I only posted in response to this
"yump 30 Apr '18 - 09:11 - 6767 of 6770
Suddenly all the posts about trouble with cashflow and possible placings have disappeared ! So nothing new there"

If you don't want responses stop making your rather childish comments aimed at other posters and stick to discussing SRT's Opportunities and Threats as per the header!

[yumyum] 01/5/2018 07:30

Thank you gerihatrick.

[yump] 30/4/2018 23:10

It always surprises me how some posters have a Pavlovian response. Usually accompanied by a selection of cliches ('risk off' LOL) and various repetitions that would get them buzzed after 3 seconds on the subject of 'the best share strategy' on just a minute.

Worked well with a few in the past. Make the post and sure enough...

Or is it really Pavlovian ? Only the silence, if I'm correct has happened during the 20-30p rise. Odd that.

[dj trading] 30/4/2018 22:10

"yump 30 Apr '18 - 09:11 - 6767 of 6770
Suddenly all the posts about trouble with cashflow and possible placings have disappeared ! So nothing new there - just another repeat of what's been happening over the last 20+ years..."

Yump - Not everyone feels the need to post every day! when nothing has changed!
I stand by my previous post noting that 30p+ now achieved (another 40% profit for risk off traders who bought the ahead of expectations TS 3 weeks back)

"DJ Trading - 12 Apr 2018 - 18:32:05 - 6727 of 6771
Moving forwards there are clearly cash issues undisclosed to the market and a Contract also not RNSd to the market (why not?) + delayed results (why?). I'm assuming some sort of fundraising (loan notes or equity or both)in the next couple of months before results published. (Most of course unaware of the cash issue so price likely to continue to push up through 30p over the next few weeks)"

30p+ achieved with the in line (but ahead of expectations) TS, the Philippines pump and Indonesian Ports Contract teasers although presentations to potential customers on SRT's gallery doesn't suggest cash is imminent nor likely this year (and why teasers and not an RNS!) perhaps others presenting?

But as this is more visible to the market than the additional loan notes repayable in just 7 weeks there might be a little more in the price yet. A risk off strategy though would suggest selling in early May until Contract or Funding news released via RNS. (My guess is that they will come together)
Dave Jones

[gerihatrick] 30/4/2018 19:17

My take from Mello 2018. Interestingly nearly 1m shares were traded on the first day of the conference and the share price went up 3p.....someone was happy with what they heard! ST presented the 2nd day...Friday pm. The contract process is political and hence has a long scale cycle. He has "missed" forecasts in the past and is now very conservative/careful with his predictions. Current forecast is a t/o of £20m. Growth will come from "systems" sales, currently 14 in the pipeline worth over £200m; Emtrak sales of AIS to leisure and commercial; and supply of AIS modules to OEMs. An OEM contract was lost to a Chinese supplier and they are now likely to return after difficulties. Of the 4 contracts that were described to be in an advanced state, one is now in and 3 still to come. Most countries in the ME with a coastline got a mention but Bahrain is the only one happy to be named and they are planning a further upgrade of their system. They are certainly a good demonstrator site. The share price rise would suggest that confidence is returning and I liked the explanation of what it does is to develop a traffic control system...only in the case it is for boats on the oceans rather than planes in the sky. I hold

[yumyum] 30/4/2018 11:35

Having a cup of bile as usual I expect.

[srtshare2] 30/4/2018 10:15

Where is kendo?

[yump] 30/4/2018 09:11

Suddenly all the posts about trouble with cashflow and possible placings have disappeared ! So nothing new there - just another repeat of what's been happening over the last 20+ years...

[alter ego] 27/4/2018 22:18

LaV, how disappointing, but thanks for putting me straight.