Gulf Marine Services Live Discussion

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suicidal_tendencies 28 Nov 2014

Re: A production cut would have hurt GMS' prospects. Production staying the same does not affect them. Indeed a lower oil price should give them a lower operating cost and thus increased margins anyway!I have been hovering waiting to buy these for some time now. I got in today at 115p a share!

wastamoney 28 Nov 2014

Anyone else tempted to buy? I am looking to top up (share price is £1.17 as I type). I appreciate the drop is linked to the reduced price of oil, but GMS is performing well, they have a decent forward order book and I would have thought that maintenance requiring GMS services will still be needed etc.Thoughts anyone?

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