SRT Marine Systems Live Discussion

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Clitheroekid 23 Nov 2017

Simon Tucker interview A good interview here with Paul Scott of Stockopedia. Simon comes across very well and answers Paul's questions convincingly and without the obfuscation that so many CEO's use these days. It's quite a long interview at nearly half an hour, but well worth a listen - [link]

Clitheroekid 14 Nov 2017

Re: Interims Indeed, but I'm becoming increasingly curious as to whether I'll actually live to taste some of that ever elusive jam!

Hardboy 14 Nov 2017

Interims Not great, but watched the webcast, and was encouraged. As always it's still Jam tomorrow, but the quantity and variety of potential projects seems to be increasing, so at some stage it still seems this baby will take off,

Omaha man 26 Sep 2017

Re: News I think the adverse reaction reflects concern at the risks of the company over-reaching itself. This remains a small company with delicately balanced finances and a great dependency on a couple of crucial contracts. That makes it very vulnerable, as the recent contract delay (we hope just a delay) demonstrated. To see it getting involved in setting up a satellite operation is bound to cause some to wonder whether another large lump of costs is being taken on before we have a strong reliable revenue stream.That's not to say I'm selling. I have been a holder for many years and still expect them to deliver; but I fully understand why some would choose to do so.

Clitheroekid 25 Sep 2017

Re: News Whilst the £10m loan facility with LGB will no doubt be useful it looks expensive at 9.5%. It may be that observers are taking the view that such a relatively high rate is a reflection of SRT's financial strength.

head gardener 25 Sep 2017

News What is it with this Company...whenever they announce good news the SP nosedives!

Hardboy 07 Aug 2017

Re: Bloomberg I suppose the outcome of that could affect the scope of the SRT project.

BurglarBill 07 Aug 2017

Re: Bloomberg Plus the country is currently negotiating with the UN just how large its sea borders are: [link]

Hardboy 07 Aug 2017

Bloomberg Story I've just seen on Bloomberg about (what I believe is) the far eastern country which has just postponed the €90m contract." The Economy Grows Less Than Expected on Spending Curbs.➞ Gross domestic product gains 4% from previous quarter ➞ Construction sector grows 7% on same period last year.The nation's economy expanded slower than economists estimated in the second quarter of 2017 as public spending fell.• Gross domestic product rose 5.01% from a year earlier, according to data released by the statistics bureau in the capital city on Monday; economists predicted growth of 5.08%. • First-quarter growth was 5.01%, previously reported data show• GDP rose 4% from the previous three months; economists expected 4.07% gainBig PictureThe President has undertaken a major infrastructure program to bolster an economy that’s growing slower than neighbours. But a budget deficit approaching the 3% legal limit has forced the state to curb expenditures.While the government has revised its 2017 growth forecast up a notch to 5.2%, the economy is still falling short of the 7% the President targeted when he came into office almost three years ago.The country's central Bank signalled Friday it may return to an easing bias to support economic growth after cutting rates six times last year. The central bank recently loosened rules on the amount of money banks must hold in reserves."So it sounds like a bit of austerity - hopefully just temporary.

Meanbugger 31 Jul 2017

Company logo I've just noticed that the company logo looks exactly like the 1 month chart. Spooky eh!

Hardboy 31 Jul 2017

Re: MDM SE Asia Contract "if the country doesn't have the money this year then why would there be any reason to expect it will have next."The Bloomberg Ad might work and the world might invest in remarkable ....................This year's income takes a hit obviously; and effectively the order book gets drastically cut. They still have a large bank of real opportunities, so hopefully some will materialise sooner; and this project will come back some time in the future.

Omaha man 31 Jul 2017

Re: MDM SE Asia Contract OK found this for anyone else looking:[link] disappointing. At least not lost for technical problems, but if the country doesn't have the money this year then why would there be any reason to expect it will have next.

BurglarBill 31 Jul 2017

Re: MDM SE Asia Contract Its here:[link]

Omaha man 31 Jul 2017

Re: MDM SE Asia Contract I've seen no RNS - do you have a link?

Hardboy 31 Jul 2017

MDM SE Asia Contract That's not good news - expect a big fall on open.The next webcast is well timed.

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