Member Info for pbody

dive in oil price and back down she goes, back to 100 no doubt.

looks a window of opportunity to me.

honestly mid june update on the way, q4 for barryroe. this will go up.

Honestly ,
Hello to all.
The SP is a good price.
But really, the waiting. beyond what anyone could have expected. please dont hold your breath.

I can only see this as a perfect time to buy in.You may have to wait but really ts a bargain SP. even with the debt.

It does look promising going forward, but it is the quiet periods where the SP drops. this looks like 1 buy in opportunity.

There has been little in the way of situation updates of late. Unusually quiet for this share. The 6 months looks like its up .Lets hope the reason for I being quiet are because people are hard at work and not because things are not going well. There is not any real volume or any real massive interest of late (few months) and it should be noted that the SP has trickled down as a result.

I can imagine as you said there are a few with the cure for constipation and the 18pps SEAFOX were offering could be restarted or they may aim for a much larger stake? Takeover would have to be 75% to take private but that would only require around 50 million at 18pps?. The CFO not turning up looks to be a surprise? which is why I am posting here, As I mentioned in an earlier post the oil price seems to have an effect on the SP with a delay of anywhere up to 8 months. Not withstanding other factors.

perhaps the b-rock selling at the moment is more exchange rate related.

on the rise

Do you think the drop is all Mediapolis related?

and some

Sorry, hit the keys at the wrong moment. The debt has stabilised and is not spiralling out of control. The break even point for profit seems to be around 135 million turnover IMHO. At 123 million and savings in the pipeline plus a 7% loans to be re-negotiated there may be a silver lining to the cloud. The day rates are the key to revenue increases, these effect both SEAFOX and GMS.
Its nice to read the other posts and its a surprise to see so much support, there is still a small window with increased utilisation on small vessel IIRC.
Lets hope the transport of barges doesn't effect profits in the same way it did in '18 as in'17.

I am not going to post too often as its a bit of a hiding to nothing, you might well find the oil price has a knock on effect with a delay. 6 to 8 months even IMHO. As GFD NED and others and others have rightly pointed out, SEAFOX has sold 51% of a similar large barge and (not sure where this money is used or went or was added) but decided to buy into a piece of GMS. As they both operate jack-ups (and the poor day rate is upon us) there is a limited industry and supply of vessels. This is in over supply (with lower workload hence the poor day rate) and this will only increase for both companied when the day rates return to a higher value. The debt has stabilised to and

sometimes the SP is connected to 30pps (or close to it) by a piece of elastic.

sometimes the SP is connected to 100pps (or close to it) by a piece of elastic.

it might be a slower return over the summer. it could take a few months tbh.
I think this SP has shocked a few. i didnt expect it to go sub 20 and really didn't expect it to stay there for more than a day or two.

If I were you I would check this out.
It will show you the debts are not spiralling up all out of control, the loss is reducing and the income is slowly returning to an industry wide LOW PAYING PERIOD! Try and read past just debt to see the bigger picture.

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=37&cad=rja&uact=8&ved=2ahUKEwjbmZaixtfhAhVNKuwKHdeWBcQ4HhAWMAZ6BAgIEAE&url=https%3A%2F%2Fwww.reuters.com%2Ffinance%2Fstocks%2FGMS.L%2Fkey-developments&usg=AOvVaw3Zk7UG9JzuuYpvFpwVsfH9

B in Black.
IIRC there is a shareholder meeting sometime in late May? 23rd or something.
Maybe there will be news before then or at that meeting? IDOK If that's a date they are aiming for? or if it will be sorted when the best deals can be agreed upon?

These might interest you.
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=28&cad=rja&uact=8&ved=2ahUKEwjM1_PWwNfhAhUnMewKHcRiAps4FBAWMAd6BAgJEAE&url=https%3A%2F%2Fwww.marketscreener.com%2FGULF-MARINE-SERVICES-PLC-16023308%2Ffinancials%2F&usg=AOvVaw1RI0f1vJlsPkyXMWAfPnnK

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=2ahUKEwiokKLTxdfhAhXD-aQKHfDaCKc4ChAWMAB6BAgBEAE&url=http%3A%2F%2Ffinance.digitallook.com%2Fcgi-bin%2Fdlmedia%2Fsecurity.cgi%3Fcsi%3D27033106%26username%3D%26ac%3D&usg=AOvVaw2axRUtWlly7hC54m3x7NwA

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=14&cad=rja&uact=8&ved=2ahUKEwiokKLTxdfhAhXD-aQKHfDaCKc4ChAWMAN6BAgDEAE&url=https%3A%2F%2Fsimplywall.st%2Fstocks%2Fgb%2Fenergy%2Flse-gms%2Fgulf-marine-services-shares%2Fnews%2Fone-thing-to-remember-about-the-gulf-marine-services-plc-longms-share-price%2F&usg=AOvVaw1IqHo8cGzEyylLDS7mMqxx

should read
I was just logged in to check US markets really.
Nothing has changed to alter my opinion (other than new appointees to the board have either got no money or should have bought some shares on such a low!) suffice to say that the SP is being held back by the events earlier this year, that stigmatism is still there IHMO.
there was an extra should! read it and it looked like I was saying something else!