ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SRT Srt Marine Systems Plc

24.00
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 24.00 23.00 25.00 24.00 23.50 24.00 239,232 08:00:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 30.51M 69k 0.0004 600.00 46.19M
Srt Marine Systems Plc is listed in the Communications Services sector of the London Stock Exchange with ticker SRT. The last closing price for Srt Marine Systems was 24p. Over the last year, Srt Marine Systems shares have traded in a share price range of 20.50p to 68.00p.

Srt Marine Systems currently has 192,457,939 shares in issue. The market capitalisation of Srt Marine Systems is £46.19 million. Srt Marine Systems has a price to earnings ratio (PE ratio) of 600.00.

Srt Marine Systems Share Discussion Threads

Showing 23001 to 23022 of 30025 messages
Chat Pages: Latest  925  924  923  922  921  920  919  918  917  916  915  914  Older
DateSubjectAuthorDiscuss
01/10/2018
07:33
Page 35:
"Condition of Payment
Upon signature of the contract, an invoice for advance payment will be sent by the System Contractor or System Integrator/supplier to BFAR for BFAR’s approval and validation where this is to be returned to the System Contractor or System Integrator/supplier. This System Contractor or System Integrator/supplier will in turn forward the approved and validated document(s) to the officially appointed French Government financial institution for payment."

I understood the funding for Philo 2 was to be from internal sources????

Page 36: Provider Profile
"The System Contractor or System Integrator shall exclusively be a French Company."

Isn't this the original document I'm reading via Google this morning C5? If so, where's the new one?

goodapple
01/10/2018
02:45
For those who are interested. Google BFAR Philo phase 2 and the replacement tender document is out. Page 9 states a requirement for 3 D.
countryman5
30/9/2018
09:26
Extract from recent update on UK Gov website. 'UK Export Finance has just doubled its maximum cover limit for the Philippines from £2.1 billion to £4.2 billion while offering its lowest country rate for Philippine projects. With the Philippine government about to kick off an ambitious round of infrastructure development, greater access to UK export credit will further boost the process of Philippine development.
countryman5
28/9/2018
20:42
Anagram competition: Can “kendonagasaki" be turned into anything useful?
goodapple
28/9/2018
19:51
Simon Tucker has been spinning this far too long!The death spiral beckons for this company.He's on an extortionate wage too boot in this continually underperforming company.Shareholders the pi's are stupid enough and brain washed enough to keep paying his salary!New house new car and a new rolex again....rinse and repeat you suckers?
kendonagasaki
26/9/2018
09:35
Funnily enough, the outgoing head is testifying today for the prosecution in the trial of the head of the parliamentary committee that approved the additional Bakamla budget which gave rise to the corrupt payments. Maybe a deal has been done? And the issue put to bed?
lavalmy
25/9/2018
16:51
edited for stupidity :-)
kinbasket
25/9/2018
16:38
Bakamla is to have a new head man.



Tucker will probably have to practice getting his name right: Vice Admiral Achmad Taufiqoerrochman.

Some reports have it that the new chap had been on the short-list for Navy Chief of Staff, along with the outgoing head of Bakamla (who is allegedly at retirement age). Either way he is pretty high up, but not much higher up than Arie Soedewo. A new broom, though, could pave the way for a resumption of the MDA project. Most of those implicated in the corruption scandal have been jailed except for the head man and he's off.

I don't know if I mentioned that SRT have provided in full for the Qnective receivable but they haven't written it off. We accounting anoraks find the distinction interesting. It basically means that they still hope to get it, which, in turn, can only happen if the project restarts.

Did anyone at the AGM spot where in the Middle East the Indonesian kit was going to be re-routed?

lavalmy
17/9/2018
16:12
Ae

I suppose those large purse seine boats out on the high seas - from memory they move at less than 2 knots - will be seen by the RADAR, and they spend days out there. But you still have the identification problem - you are seeing that there is a target in a place say today and a target in the same place 24 hours later. Conclusion? Nothing.

And of course Class B doesn't have to be fitted at all. Even if it were, the transmissions would be undetected.

It's not a white elephant, the RADAR bit, though from one report they have been superseded technologically already by smaller satellites, and I suppose the AIS/fishing/smuggling angle is more of a germane issue in the public mind, hence the emphasis.

lavalmy
17/9/2018
15:07
I think your right LaV about the usefulness of the AIS detection part of this. Odd then that this seems to be the aspect that has made the news. More odd still is the fact that only very large vessels are obliged to fit and use Class A AIS so without a Class B detection capability the AIS receiver is going to be missing an awful lot of boats that are transmitting (on Class B) even before you start looking for the ones that are deliberately avoiding giving away their position and course by not transmitting.

One has to wonder what is the point of it all.

alter ego
17/9/2018
14:29
The launch was successful:



Of interest is that 'a constellation of three NovaSAR satellites could image any point on the globe every day, regardless of local time or weather'. So if they had three of them, they could get one shot per day of a particular spot. Boats, when moving, will do so at say 20 nm per hour, 480 nm per day. For a boat not broadcasting an AIS signal, how can you identify who it is if they can move 480 miles in any direction between RADAR shots? You can't. The best you can say is that your RADAR spotted a vessel at such and such a time in such a place, but that you couldn't correlate that with any AIS signal that you successfully received - given that SRT reckoned that only 1.5% of Class A signals are successfully received by satellite, you could be getting a lot of false positives (if by positive you mean a boat that is not transmitting).

The other imaging stuff sounds quite good though.

Honeywell made the AIS receiver. If you remember, they bought ComDev, exactEarth's former parent, so it is probably a ComDev piece of kit.

lavalmy
16/9/2018
14:32
They are probably very capable at RADAR, but I suspect they might be at the start of a long learning curve when it comes to space based AIS. But it all sounds good to the public, which is probably more important - better than HMG saying they have found a new way to stuff the French by giving them £21 million.

The Surrey lot were involved in the Galileo project and this business was agreed and funded years ago so it is not entirely unreasonable that they might want to fly the flag a bit and not mention the beneficial owners.

lavalmy
16/9/2018
09:19
From todays BBC News Page online: ( mentions Airbus )

"The satellite is equipped with a receiver that can pick up Automatic Identification System (AIS) radio signals. These are the positional transmissions that large ships are obliged to broadcast under international law.
Vessels that tamper with or disable these messages very often are engaged in smuggling or illegal fishing activity. If such ships appear in NovaSAR's pictures, they will be reported to the authorities."

goodapple
16/9/2018
08:43
Just had a look at the BBC link provided by fft. That is the one I mentioned a good while back where the UK government spent £21 million.

The government's blurb is here:



They neglect to mention that it is majority owned by Airbus. Can't think why. The actual radar itself was made by Airbus directly, not Surrey Satellite.

lavalmy
15/9/2018
11:28
A quick point about space RADAR. It is very expensive because the satellites have to be huge in order to generate sufficient energy to work. Infra-red sensors just read waves emitted from the sea/boat. Space based RADAR has to send a powerful enough signal down to earth so that it can be bounced back into space well enough to be understood.

On a completetly different point, I can't see any particular virtue in having a sensor (of whatever type) and an AIS receiver on the same satellite. As was discussed after the AGM wrt to encryption, the AIS receiver doesn't see anything (and as Neil said during the presentation, AIS signals are best received at the horizon rather than overhead). The receiver merely receives the signals without knowing where they are from. It is only after unencryption, if necessary, and deciphering the GPS co-ordinates and time information that the satellite can be said to see anything at all. Fusion of that interpreted data with other sources can be only be done afterwards. As Countryman says, it is complicated to make sense of all of this without massive processing power (expensive in space) and the tools to manage the data generated, viz GeoVS.

lavalmy
15/9/2018
10:42
SRT has various USP’s, the largest of which is it’s Geovs system which is being regularly upgraded. This system allows it’s customers to fuse various data feeds(land, satellites AIS signals plus radar, cctv ) and sift it to flag up warnings to the operator. Absolutely unique and hopefully what the world will want to buy into.
countryman5
15/9/2018
09:47
fft, I'm sure SRT are well aware of the issue of vessels not emitting a AIS signal. Radar is commonly used from land to detect the vessel when matched with the absence of AIS to create an alert. Simon also spoke at the AGM about satellites using infra red (I think) to detect a vessel's wake at night. I don't have more detail but someone else here might be able to flesh out just what SRT's capability is or what they plan to offer.

Radar on a satellite is certainly not a new idea but I don't know how many satellite operators offer it.

alter ego
15/9/2018
09:13
HTtps://www.bbc.com/news/av/science-environment-45531943/space-radar-to-chase-suspicious-shipsIimmediate impact on SRT none existent, but I hope SRT are talking to them as they pick up vessels not broadcasting AIS or the wrong AIS signal. And I always thought that was the weakness of the current systems as they rely on people broadcasting. This is only a prototype, but given that India is a partner, it could get big.
fft
14/9/2018
16:54
I think Far East customers want control of their own data, so would prefer it wasn't processed in Canada, United States or France.
Also regards the EE tie up, it's SRT's technology that enables the visibility of densely populated boat parks, so don't think the original 1/3rd revenue share was sufficient bearing in mind SRT brings more to the party IMHO.

eagle eye
14/9/2018
15:57
It seems wise for SRT to be agnostic wrt providers, satellite data will probably become commoditised in the not too distant future. good move not to tie into exclusivity with EE imo.
owenski
14/9/2018
15:22
exactEarth has just reported Q3 including a going concern emphasis (not like SRT's). The market does not seem to like it with the shares down from 90 CAD cents to a mere 25 cents, valuing the whole at a little over £3 million. Probably overdone but they are still loss making with their costs going up. They have been looking at strategic options for some time now, but no action so far.

It could be an interesting situation for SRT, if they announce a few contracts soon. SRT would know what, if any, value could be gained from their kit.

Bounced back to 34 cents.

lavalmy
11/9/2018
16:49
The TUC won't need to worry about the four day work week.
By 2100 the world will be run by platforms that won't require any staff.
Governments will print money and give it away, with no strings attached.
Much like they have since 2008 LOL.

eagle eye
Chat Pages: Latest  925  924  923  922  921  920  919  918  917  916  915  914  Older

Your Recent History

Delayed Upgrade Clock