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 Shares Traded Last Trade
  -1.10 -2.41% 44.50 146,711 08:00:00
Bid Price Offer Price High Price Low Price Open Price
43.50 45.50 44.50 44.50 44.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 20.56 3.18 2.43 18.3 69
Last Trade Time Trade Type Trade Size Trade Price Currency
17:06:22 O 10,000 44.50 GBX

Srt Marine Systems (SRT) Latest News

More Srt Marine Systems News
Srt Marine Systems Takeover Rumours

Srt Marine Systems (SRT) Share Charts

1 Year Srt Marine Systems Chart

1 Year Srt Marine Systems Chart

1 Month Srt Marine Systems Chart

1 Month Srt Marine Systems Chart

Intraday Srt Marine Systems Chart

Intraday Srt Marine Systems Chart

Srt Marine Systems (SRT) Discussions and Chat

Srt Marine Systems (SRT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-10-15 16:06:2244.5010,0004,450.00O
2019-10-15 13:55:4345.5010,0004,550.00O
2019-10-15 12:56:1444.6823,80910,637.86O
2019-10-15 10:55:1744.622,8261,260.96O
2019-10-15 10:29:0644.622,000892.40O
View all Srt Marine Systems trades in real-time

Srt Marine Systems (SRT) Top Chat Posts

DateSubject
15/10/2019
09:20
Srt Marine Systems Daily Update: Srt Marine Systems Plc is listed in the General Financial sector of the London Stock Exchange with ticker SRT. The last closing price for Srt Marine Systems was 45.60p.
Srt Marine Systems Plc has a 4 week average price of 38.75p and a 12 week average price of 34p.
The 1 year high share price is 47.50p while the 1 year low share price is currently 25.75p.
There are currently 154,793,919 shares in issue and the average daily traded volume is 104,559 shares. The market capitalisation of Srt Marine Systems Plc is £68,883,293.96.
04/10/2019
14:33
eagle eye: ae, What a great idea that is. If SRT pulls it off, there could be big share price upside given time. If SRT don't succeed, then it won't be for the effort in trying. Investing in AIM companies can be frustrating and a rocky road at times, but there is nothing more rewarding than identifying early stage growth companies and holding for the ride :-))
18/8/2019
20:45
the oak tree: Like most companies SRT will live or die by results, not recommendations / write ups / blogs etc. The point though with this share, at the moment, is the activity achieved by the company is beyond where the share price is. Thats important becausse since the company started in 2005 the share price has been way beyond what the company has achieved ie the other way around. For example even with the recent rise in share price from the postive results its still below the 2005 share price! The hard part now for holders, and especially long term holders ( I only recently bought in) , is to run your profits. So chill everyone and turn off the blogs / recommendations / share price movements and let the company deliver. We will ofcourse still have missed deadlines and deals postponed but don't get pushed out of this. IMHO the hard part is over.
02/5/2019
22:51
goodapple: Reflecting on (another) positive webcast, I find my faith in ST remains. As has been said here many times, SRT is a different and much bigger beast than a few years ago, with very much bigger ambitions, and that's down to him. Aside from the regular webcast subjects and updates, there was a very lengthy "answering submitted questions" session. The number of questions submitted was exceptional, as was the time ST took to answer them. Possibly a reflection on the recent discussions here on ADVFN. Refreshing none the less to hear Mr T invite shareholders to email, or even phone SRT if they have further questions to ask. With regard to the share price, I would expect Mr Market to respond positively as soon as just one of the pipeline opportunities becomes confirmed. I honestly expected the share price to be in the 40's by now, but of course SRT remains overshadowed by previous over ambitious forecasts. Just one further substantial contract from the VSP will change all that. Thanks as ever to the regular contributors to this board for their observations. Onwards.
01/5/2019
09:18
countryman5: When the SRT share price is steaming past £1, people will look back and ask themselves 'Why did I not believe Mr T. Why did I believe HJB?' Then perhaps HJB has been a buyer all along.
03/2/2019
22:39
yumyum: So....February 2019. SRT share price should zoom with the good contract news RNSs that beckon.
12/10/2018
08:17
countryman5: Perhaps the UK gov should be offering to help fund Philo 3 on the basis that SRT gets the contract. It would probably get most of its money back via taxation. Ie SRT makes a profit and pays tax. SRT share price multiplies several times and shareholders pay CGT. Good relations, unlike the French, will lead to multiple UK trade deals with the Philippines, post Brexit.
09/9/2018
11:15
countryman5: What will be the trigger for a takeover attempt of SRT?. I concur with LAV that it would have to be a generous agreed bid in order to get the very few major shareholders (Including the BOD) to consent. But as they say 'everybody has a price'. SRT will not be alone in bidding for the increasing number of MDA contracts. We know that CLS won Philo phase one and no doubt will be bidding for Philo phase 2 (Mark 2). No doubt there will be others. I suspect that CLS has other Countries under contract where SRT are now appearing as a better alternative. I understand that JRC, who now source some of their AIS kit from SRT, have won some historic port contracts and may be coming head to head with SRT on other contracts. Would JRC want their AIS supplier to fall into hostile hands? Then there is Airbus, who I believe have had success globally. If SRT is seen as having the winning formula (CLS does appear to be purely satellite and V. expensive), logic would dictate to take them out. Logic might also dictate to take them out whilst the share price is low. £1 might win now whereas it might take considerably more if the contracts start to run. I think it is safe to say that SRT'S competitors know much more about SRT's capabilities than we the humble PI's. The companies that I have mentioned have large wallets. However, I suspect that there are many more that would like SRT as a bolt on.
05/9/2018
18:50
fredfishcake: Good summary by alter ego. Simon even more bullish and enthusiastic than last year and seems very confident not only that they’ll be re-awarded the contract stuffed by the French shenanigans (worth over 30m Euros) but that a decent chunk (more than 15%) will be front-loaded and delivered and paid for by Xmas…..as some of the kit is still in country. This is likely to be the world’s largest fishery MDA and is likely to lead to other projects in the same country – so fingers crossed we do indeed get it. For newbies, there are two strings to SRT. The first is hardware, and this seems to be doing well, kicking off £5m this year and aiming for 15-20% increase per year. I got the impression that Emtrak was being pushed by SRT more this year than last, and several people mentioned that SRT kit had a good rep for reliability and durability. Certainly the hoops they have to jump through to get any kit certified by multiple authorities mean that there is a non-trivial moat here for kit that can be sold worldwide. Production is still done by Flextronics, but they’ve moved from FT in Hungary to FT in Ireland for logistical reasons. This had teething problems which probably cost £1m in lost sales this year, but has now bedded in. Competition is Alltek/Weatherdock, and they are getting 40% margin on these sales. The second string is the systems, where GeoVS gives a pretty display, and more importantly analytics based on AIS and any other data to hand (radar, CCTV etc). This is where the excitement lies, though any revenue is likely to be lumpy and unpredictable. Here, Simon claims that SRT are the gorilla in the market, with a proven system in Bahrain that is likely to be seriously expanded in a second phase soon. It sounds like the old ‘no one ever got fired for buying IBM kit’ situation, with SRT kit having a reputation for just working reliably and cost-effectively. Half of SRT’s R&D is spent on updating GeoVS, with a new release aimed for around every six months; each providing better analytics. Profit margin on systems is targeted at 50% and the numbers here are large - £144m in procurement stage, which is apparently business that’s very probable that SRT will get. Simon was of the opinion that they had sufficient staff to handle up to five projects simultaneously, though I suspect this would be a major stretch, but it would be a nice problem to have! The mood of everyone working at SRT was positive, with low staff turnover and banter suggesting that most people were happy with their lot. In terms of investment, it depends on how much you believe Simon’s ongoing enthusiasm. The potential for this company is huge…..last year they had revenue of £5 million, so imagine what a few contracts in the tens of millions would do to the share price. However, they do have a history of disappointing the market….it occurs to me that the first contract awarded (Simon’s best guess is that two will drop before Xmas – I assume this year!) may well lead to minimal share price movement due to general mistrust. However, this might prove to be an excellent entry point for any doubters. Personally I continue to hold and may add on any contract news – but no one should think this is one for widows and orphans.
17/4/2017
09:03
countryman5: I suspect that the company is trying to balance different interests. It wishes to keep the market informed about financial prospects and yet it has to allow its customers confidentiality. It also does not wish to disclose to one customer what it has charged another. I suspect that the recent vague announcement regarding a ME country will become the norm for future major contracts. If I remember correctly, at the 2015 AGM we were told that there was a validated sales opportunity pipeline VSOP(three year)of £200 million. Shareholders reached for the salt cellar. At the 2016 AGM the presentation stated VSOP of £200 million plus an order book of £70 million. Will the company inform the market with regular upgrades of order book and VSOP, rather than stating size of each contract? Just read an article in the Economist about Aadhaar in India. Apparently 99% of indians have an identity number based on their biometric identity. India is clearly ahead of the world with this and we are told that SRT is in the running to supply identifiers on fishing boats to prevent another Mumbai attack and also to control fishing. Could each identifier be linked to the iris of the fishing operator? The world is fast changing and SRT is in the lead with AIS technology. PS. What will be the SRT share price at 8.05 am on June 7th.?
13/4/2017
09:11
yumyum: I agree kalkanite. If 'excellent progress' translates shortly into one or more new projects under contract then there will three (or more) contracts running concurrently. That should put pretax profits for the year ending March 31 2018 at over £10m in my opinion. SRT share price looks seriously undervalued. It is below the radar still (should use satellite AIS!). I look forward eagerly to house broker finnCap's profit forecast.
Srt Marine Systems share price data is direct from the London Stock Exchange
Your Recent History
LSE
SRT
Srt Marine..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191016 05:42:36