Member Info for maddogmcree

People obviously remember the last time this began to move and it moved quickly over a week on the find. I can imagine the herd will not want to miss out on potential 100% even from here

Capt - I'm not the big seller :) but my 50,000 shares sell will appear shortly

Just left profit in for free ride

We seem to be able to absorb the sells and the buys are causing a northwards trajectory all before next results which is nice

Sorry 0.78 cents

That would equate to 0.78p per share - approx divi

Alex Aclimandos, Chief Financial Officer, added: "We are very pleased with the lenders’ response, which reflects our shared view of the industry and their confidence in GMS’s management. We now look forward to returning to shareholders 20 to 30 percent of adjusted net income."

Looked at last years net income

• **Net profit (net income) of US$ 38.3 million for the year ended 31 December 2024. This was a decline of 9 % from the prior year’s net profit of US$ 42.1 million.

So, their net income last year (2024) was approximately US$ 38.3 million.

If we choose middle ground 25% that is around $9.5 mill for divi if we match last year

Looks like the Market didn’t like us buying a boat

All going in the right direction

As small Pi's we are generally the last to know with regards to how our companies are performing so it's nice to see the share price moving towards expected analyst price targets. In the absence of any news I continue to believe the company is maintaining revenues each day, reducing down debt and getting ever closer to rewarding shareholders. Remains my favourite share - ( I am fully aware I should ever fall in love with any share ) but I believe in the story and slowly but surely everyone else is beginning to see the bigger picture - can only say well done to the board. Just need to remain patient and rewards will follow.

I'm not in the share but read the RNS and feel your ship is turning - well done for sticking it out - hope you get a nice Blue day

Should have some blue skies today with that RNS - Nice to see new plant capex being paid for out of company profits EPS will grow which should translate to share price :)

Lump we are here but no significant news yet to generate conversation, i see this as one of my steady away shares rather than game changer

The debt will be negligible in 12 months, my opinion only is we would become more attractive and this in turn attract a forward pe of around 10 which would move the shares fair value around 30p - 50% upside from now.

Was doing rough quick calculation of where we might be headed in the future once debt free. So if Gulf Marine Services had no debt and incurred no interest expense, its 2024 profit might have been roughly US$61.8 million instead of US$38.3 million reported in 2024. That’s pre tax profit but the revenue is already booked so this is heading to reality and not fantasy like many shares on AIM

I can only assume market just seeking clarity that revenue still = profit and debt repayment and that margins are not being squeezed. We have already had a recent good rise so share appears to be pausing for breath

Utilisation rates surely heading back in the 90% region. Must be running out of vessels to meet these contracts :)

It's gonna be a great year

Paul Scott had a similar question but he feels long term GMS ers deserve short term reward in the shape of dividends. He does not know how the board will utilise cash and hoped they would not think about borrowing more money to increase fleet size just yet. To be honest I don’t know if we know what the exact long term plan is for the board but the next 3 years are definitely secure financially and so shareholders should be rewarded

Not sure if we will get a trading announcement in Jan if previous year is anything to go by. However whilst I like MAC's enthusiasm i think 40p will be a bit of a stretch. But I believe following the next update we will challenge a new high, 24.6p is the target and as a company we have improved so much with regards to reducing the debt, the debt will be gone during the current contracted backlog. We have secured years of revenue, the fleet remain "young in years" compared to peers. Dividends are coming this year if management follow through and I see no reason with regards to the business why they would not. I actually bought more today despite recent rise as 30p will still equate to over 50% rise then I will top slice

We could hit 20p today 😀😀😀😀😀😀