Hardboy
03 May 2017
Re: Webcast Just watched it. As Simon explained it is short on detail and numbers, but the reasons are understandable. I found it reassuring; and the underlying message is there is a great future which will ultimately be reflected in the profits and share price. The inland waterways' mandate now being enforced is great news. I've no idea how much business it will bring in, but there is no point having legislation unless there is a way of enforcing it. The one figure given was the order book being around $100m. which is a slight increase since the finals last year. On the question of Brexit. I understand on a wide scale view the "No effect" answer, but I am sure the weak pound should be a help to the company; and I would be more reassured if he'd outline how he sees tariffs changing if the UK has to work under WTO rules for a sustained period. But overall reassured. Happy to hold. But my jar of jam is still sealed.
Hardboy
03 May 2017
Re: Webcast Many, many thanks, Bill.Just watching it now.
BurglarBill
02 May 2017
Re: Webcast HiIt's here: [link] down to the bottom of the screen. CheersBB
Hardboy
02 May 2017
Webcast Went to watch the webcast this morning, and got this message "Cannot load M3U8: cross domain access denied (2048)."I've no idea what that means, but if anyone can post a link to the webcast for me to watch later, I would appreciate it. I'll ask the company too.
BurglarBill
23 Apr 2017
SRT MULTI SENSOR VTS System [link] by PTP in Malaysia, the 19th largest port in the world in 2014, as measured by TEUs (Twenty-Foot Equivalent Units). See: [link] more to come here, I feel...
coldascheese
13 Apr 2017
A lot to look forward to. Excellent update-lots to look forward to-the share price way to low for the potential now in hand.And more contract news expected-should be a bumper year and those who sold earlier must bekicking themselves ,but still time to get back in.
Hardboy
13 Apr 2017
Re: Positive Update..patience needed! Quick off the mark, tasagil.Yes it is a positive update - record sales - just. And a pre tax profit equal to 4 years ago. As the number of shares have increased since then, the EPS should be around 1.18. That still leaves the current share price on a significant premium for future growth. As you say, patience is needed; but I am sure it is going in the right direction. The quarterly webcasts are welcome. Simon does a good job with these, and they have always been very informative.
tasagil
13 Apr 2017
Positive Update..patience needed! [link]
Hardboy
30 Mar 2017
New Product They're getting the press releases out hard & fast: -"The SRT AIS AtoN Express, enables any incident or emergency danger to shipping to be quickly and reliably marked.EXPRESS is a fully certified battery powered AIS AtoN with integrated GPS and VHF antennas that can be installed in minutes on any hazard or buoy and provide continuous electronic marking for up to 14 days. Completely weather and water proof (IPx8), EXPRESS is ruggedized for continuous long term reliable operation in any environment. Once activated, it will transmit the exact position and nature of the hazard to all vessels in real time using standard AIS protocol as well as visualised in your control centre, thereby providing a critical navigation reference. EXPRESS is supplied with a charging and configuration dock that enables you to have it constantly ready for instant deployment in the event of an emergency. The SRT AIS AtoN EXPRESS is used around the world by port and waterway authorities as an essential piece of emergency equipment to ensure safety and efficiency for all vessels. Visit www.srt-marine.com to learn more about our AIS AtoN solutions or contact us at [email protected] to discuss your requirements with one of our experts.
Hardboy
30 Mar 2017
Re: Middle East Contract Most of what you say is excellent Geri, but I don't think the $100m 3 year contract announced in March 2016 was Saudi. The announcement said (I believe without checking) that it was a large Asian country Officially the country has never been announced, but the belief is it is Indonesia. They did get an initial order from Saudi in October; but that would suggest the March 16 order was not Saudi; as that was a new order and covered much of the same ground the large contract would have covered I believe. Not that it matters too much to us which country is signing up, the indications are that slowly, but surely, the business is growing. Should get a trading update in the next couple of weeks. Despite the new orders, that may not paint a rosy picture for this full year figures.
gerihatric
30 Mar 2017
Re: Middle East Contract In March 2016 They announced an MDM system with Saudi Arabia which would genrerate $100m over 3 years and that most of the money would come later rather than sooner-Simon wanted to move carefully and get it right-fair enough by me. Stage 3 would be the largest revenue earner and also the profit required.. In April 2016 revenue was £10.6m with a forward order book of £70m and a pipeline of £200m. In October revenue was £2.7m; a loss of £1.2 and cash of £1.8m. The comment then was that there was progress on projects and associated revenue.In Feb 2017 they announced the VMS system to track fishing which involves 1500 AIS receivers and now we have another National MDM system for a ME country covering many thousands of vessels-and over the shorter period of 2 years so the learning on the Saudi contract can now be rolled out more quickly. It is all progressing as predicted. I have seen this technology operate -it is very impressive. I continue to hold.
Omaha man
30 Mar 2017
Re: Middle East Contract I'm fairly sure that the issue of informing the market if missing forecsts would only apply to the current year. Management wouldn't be expected to have sufficient detiled information to be able to accurately forecast profits in a year not yet started - too many variables.
Hardboy
30 Mar 2017
Name Isn't it about time iii caught up with the name change?
Hardboy
30 Mar 2017
Re: Middle East Contract I've just checked exactly what Simon said in his e mail about AIM rules: "This includes if we determine that we will miss (above or below) the broker market forecasts by more than 10%."But does this apply to all years' forecasts or just the current year? Obviously if it is sizeable, brokers may not have made allowance for it, though I am sure they have allowed for some large contract wins, but if it is just this financial year, there may be no change to forecasts for the year. I've just checked on Digital Look, and there is only a forecast for the current year (which ends tomorrow.) So we probably won't get a trading statement, although we are likely to get a "pre results" trading update in the next couple of weeks, which may give some clues. They are certainly one of the better companies at trying to keep shareholders informed. Likewise, tempted to buy more. I'll see how thing develop during the day.
Omaha man
30 Mar 2017
Re: Middle East Contract It would be nice to have some feel for the size of the contract but the relatively short time frame for delivery is positive as it means that turnover will be benefiting us quickly as opposed to the previous major contract where we seem to have had little benefit so far.I'm tempted to buy more, but the spread is wide and with no financial detail I suspect we may drift again after this initial mark-up. Nonetheless it should help set a floor for the price and gives more positives to talk about at the results announcement.
