SRT Marine Systems Live Discussion

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BurglarBill 12 Apr 2016

Re: Trading statement Hopefully a small dollop of jam to come from Mauritius, whose AIS regulations go live from Aug: [link]

Hardboy 12 Apr 2016

Trading statement Nothing unexpected, but the numbers are reassuring and begin to put this latest contract win into perspective. A turnover of £10m and 2% return of sales, is nothing to get excited about - even if it is a healthy increase on last year & at least the right side of break even. The mouth watering figures are the order book - £70m - a 20 fold increase since the interims, and a pipeline of £200m+Tomorrow (as in jam tomorrow) may finally be getting a little closer.

BWhatUWant2C 23 Mar 2016

Re: SRT products featured in Bahrain New... Well, my answer will likely amaze you even more Hardboy: it was shared on the SRT website![link]

Hardboy 23 Mar 2016

Re: SRT products featured in Bahrain News Ag... I'm intrigued: not by the content of the video so much as how you ever discovered it!

BWhatUWant2C 22 Mar 2016

SRT products featured in Bahrain News Agency TV clip If Carlsberg did videos you can't understand the audio or the subtitles of...[link]

Omaha man 18 Mar 2016

Re: Trace back Whenever a share spikes up there is normally a period of profit taking causing it to drift back, this is only to be expected. As has been pointed out SRT has been particularly prone to this type of behavioiur over the years, with the share price going nowhere overall. However this time I believe there is good reason to expect a different pattern. In the past the upward spikes have generally been driven by bullish announcements from the management which have not been followed up in the order book. This move obviously results from a hard order and as it progresses (assuming the company completes the necessary milestones to progress to succeeding phases) so we will see the turnover rise dramatically. Again, assuming they have not taken it on at a cutthroat margin just to get the work, profits should follow suit, justifying an upward trend in the share price.A lot can go wrong with a small company bringing new products to market and the management necessary to develop cutting edge technology is not the same as that required to deliver a ramp up in production. There is still scope therefore for this to be another false dawn; however there is now a much more solid base from which to expect the company to deliver on its potential.This is the crucial moment in the company's development. This contract gives it the potential to deliver substantial profit growth and grow sales to many other customers. However if they fail to deliver on this contract, then I don't thinbk they will get another chance.

thebuffoon 17 Mar 2016

Re: Trace back A long term hold in a virtual portfolio!Priceless....

Clitheroekid 16 Mar 2016

Re: Trace back It's always possible. The history of the share is brief periods of excitement, causing a major price increase, then as the news flow dries up people take their profits and move on.However, I do believe that this is a great little company, that it's very well run and that it has a very profitable future. One of the problems is that there are so many greedy speculators around these days who are gamblers rather than investors. Whenever there's a flurry of activity as there was here they arrive like cancer cells to feed off the frenzy, and then when they've made / lost their bet they look for their next victim.My role model for this share is a company called Accesso Technology Group plc. I bought 17,000 shares at £0.31 on 16 August 2008, when they were called Lo-Q. The shares closed this evening at £9.92,giving me a profit to date of £160,480 on my original £5,270 investment.The slightly annoying thing is that it was only an investment.in my virtual portfolio. I think I invested the actual cash in BP, which has provided a slightly less stellar performance.So here's hoping that this time I've got it right!

Old Ma Coni 16 Mar 2016

Trace back Is this the start of the long protracted trace back ?

coldascheese 14 Mar 2016

Re: Game changer Yes indeed a game changer and very much still below the radar even with the huge order they have recieved-I have not even seen a mention in the press. Also more than likely at least another very large order this year-definitely one to tuck away as price yet to catch up with events.

moonowl 12 Mar 2016

Game changer Looks like patience here will be rewarded after all, this week's RNS was a game changer and validates the CEO's confidence in winning some very big contracts in the future

coldascheese 10 Mar 2016

40p IC Simon Thompson of IC yesterday I continue to rate Aim-traded shares in Software Radio a speculative buy and have an initial target price of 40p. It could yet prove conservative given that “there is material upside to forecasts once phase three (of the Asian contract) is reached”, according to deputy head of research Eric Burns at brokerage WH Ireland. Buy.

coldascheese 10 Mar 2016

Too cheap Seems to me a lot of profit taking at the moment,price is too cheap considering the prospects an possibility of future further orders.I think that lack of media coverage at the moment also has not helped.Still its a mega order and in coming days price will rise to reflect this.

Hardboy 10 Mar 2016

Re: RNS some jam today Jimmy (that dates me, doesn't it?)"Has anyone else been getting inaccurate figures on the portfolio though?"The answer is NO - and neither have you, but it does not half frustrate me. I have written to iii about it, and they basically said - tough you should have commented when we were changing the layout of the portfolio pages. Almost certainly this is your source of confusion: -The gain for the day figure is based on the last trade rather than the mid price figure which I would prefer. This is especially annoying when a company has a sizeable spread, as you see a red figure in the gain, but find out the price has gone up (or vice versa.) It is also especially weird at the end of the day as late trades can often be a bit outside the spread.

BWhatUWant2C 09 Mar 2016

Re: Where? Just to expand on the point re the jump from $40-50m to $100m, Simon also told us last December that 'the addition of radar and CCTV to our MDMS is a huge value uplift. The GeoVS management and display system is a very innovative fusion of different sensors where, all of a sudden, you multiply the value of that contract exponentially.'So, if GeoVS, complete with all its bells and whistles, is the reason for the likely doubling of the value of this project from last year, we really should be highly encouraged. What an investment that may prove to be.Let's hope Mr Richard Persey doesn't allow the company to be sold too cheaply