simon tucker interviews his consistent message was that they are very busy and moving towards targets and hence payments for achieving them. With the SP fall the question is whether you believe what he has to say or not. I believe so time will tell if my judgement is correct or not.
Re: Wrong price displayed CK,Not sure if you have an account with iii, but if you do, check your messages. iii posted something recently to say all their AIM figures are likely to be incorrect - something to do with how the figures are sourced. They are working on it, but for the time being you'll have to check other sites for AIM member prices.
Wrong price displayed Is it just me or are other users seeing an inaccurate price displayed? For the past 2 or 3 days it's been showing a rise of around 6% but the actual price on a test sale remains resolutely the same.The actual figures now showing on my screen are;37.00 41.00 39.00 38.50 40.90 +2.40 (+6.23%)
Re: Simon Tucker interview I guess this interview is what has helped the share price over the last couple of days.
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]
Re: Interims Indeed, but I'm becoming increasingly curious as to whether I'll actually live to taste some of that ever elusive jam!
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,
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.
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.
News What is it with this Company...whenever they announce good news the SP nosedives!
Re: Bloomberg I suppose the outcome of that could affect the scope of the SRT project.
Re: Bloomberg Plus the country is currently negotiating with the UN just how large its sea borders are: [link]
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 thats 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.
Company logo I've just noticed that the company logo looks exactly like the 1 month chart. Spooky eh!
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.