site visit & AGM Went there yesterday. Everything was very very positive. Directors were readily available to chat. Without divulging exactly what I gleaned, because I think someone let something slip they shouldn't have done, look at the recommendation.
Panama Canal GeoVS VTS Contract Keep them coming!Another high profile contract. Expects to be installed and fully operational before the end of 2016.Yes...this should promote SRT's position as the go to Company for all Marine System Solutions.
Re: AIS Coast Station order from Trinity I thought Simon said in the past they don't announce unless the news is important. Presumably not 'important' like the huge Asian contract however....
Re: AIS Coast Station order from Trinity If the order value was "material" it would have been stated. I think that it becomes relevant news as this is a significant "new" customer and in the UK.The wording of the RNS is "it has received an order for AIS Coast Stations". So more than one.No doubt more information will be obtained at the open day/AGM tomorrow.
AIS Coast Station order from Trinity Good news RNS surely, but I'm a little confused with the wording. "SRT receives AIS Coast Station order from Trinity House"Trinity House operate about 60 lighthouses and 10 light vessels.... is this an order for one or for a multiple number?What is the value of the order?
Re: Open Day/AGM Sorry CK, only just spotted your response - it's tomorrow - the investor site visit is at their HQ in Midsumer Norton, and the AGM is round the corner at a hotel. Full details & directions are on the SRT website.
Ecuador Something up by the looks of it
Re: Open Day/AGM When and where is it?
Open Day/AGM I've just arranged to have a day out at the Open Day & AGM.Is anyone else planning to be there?
Webcast There is nothing much new after the results & last week's interview; but more in depth detail.The future sounds good - as long as they can manage the growth.Simon Tucker is getting more and more accomplished at presenting these webcasts; but is he getting to look too much like David Cameron?I assume today's sp drop is just market malaise - fear of Brexit is gripping the market and dragging all prices down.
Re: 43p Target ! Clitheroe KidYour "hope" has been delivered!IC are spot on at the moment - but let's hope (2) that they are proved to have been pessimistic on this occasion
Re: Breaking up "Not much volume but that's a very nice move this morning."Yes, nice while it lasted.
Breaking up Not much volume but that's a very nice move this morning. The shares are now in new territory (at least in the last 4 years, I don't know further back) and everything seems positive. I'm probably alone in hoping they don't get any further contracts in the near future. That will allow them to focus on managing the ramp up of production for the first large order. Once they have handled that successfully, then more orders will be unequivocal good news.
Re: India That's 200,000 units at about £170 each, or £34million.
India Huge potential...[link]