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I doubt very much it will go below 12 to 13....tbh

My opinion (not that anyone wants it), is right now,coming up to the vote, is the right time to buy in.
The uncertainty will only add to the value. nerves etc as well as the odd tree shake from professionals....
An earlier post rightly pointed out profits and dividends and cash in the bank are the best things to drive the SP up.
Also some noticed , sorting banking covenants', contract after contract came in and no real upward or downward shift in SP in JAN (in which you would expect.).
Chair leaving dropped it a bit.
The extraordinary meeting will be the first of three hurdles to get over for the nervous...
There is the savings (seemingly seafox inspired) to calculated with the increased utilisation (from 58 to 72% which will hopefully see a profit) to be looked at end of year.
There is the replacement chair (who hopefully wont be seen as the axeman cometh by the workforce).
Parachute loans from the middle east may be a reality? or a hope?I dont know.
the fleet is very new worth 920million+iirc
the debt is just over 400 iirc.
the oil price is lower than anyone expected 5 years ago (although not at the pumps?) and to have new contracts should have been glorious news going from just over half the fleet employed to just under 3/4 on long term usage.
hopefully it should be long enough to see the oil price rise enough to see commitment to the 1/4 not utilised.
I would buy in......at this point I think there is value and your getting panic and shake a tree deals.....
if you dont trust me look at quiz and phd and ffi carry on in the next week. I do get it wrong sometimes but the oil price is the giveaway.
best of luck.
you might have to hold a while tho.....

even if you have to wait 3 months its going to be a serious winner.

130 bid

it is dreadful.
the words "material dilution" in the rns was the giveaway.
as people klick on the is going to dive down (probably as cc2015 thought) these shares could go sub 5p as people realise they are actually worth less than 1 penny each and they sell off.

totally.

can see you double you money on this within the year easily.

i know its unusual to recover all the money back.
but is there a total value figure on how much is outstanding?

well my broker (AJ BELL) didn't send any tick form through for the vote even after email them last week. so i would send off to the address below.if you want to vote!
looking at all the run of sells this morning looks like some people are getting nervous and want out?
all i can add is hold your shares.
not long now.
best of luck for the week ahead.

thanks for the reply.

i was thinking our financial year and results and when is the Italian financial year and results when i wrote that.
not saying it will be linked but wondering if yearly accounting and costing may have an outcome on decision making.

All duly completed forms of proxy must be received by post or, during normal business hours only, by hand, by the Registrar, Equiniti Limited, at Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, by no later than 9.00 a.m. on Thursday, 14 March 2019.

thanks.
i leave the page free for people to slag each other off and if there is any info other than the rns people have picked up on the Italian state of play i shall try and take up telepathy.

there are several things that probably will....could. there are probably some I cant think of.
the chairman being appointed. is probably one big definite one no matter what the outcome of anything else will make a difference.

dont think it will stay below 130 long.....

Its been a while since I looed at this.
could someone please kindly supply me with a list of all outstanding cases and the values hoped to gain?
also the due dates?
as best you can....

have to admit.
20 million in savings would definitely push GMS back into profit.....

http://www.morningstar.co.uk/uk/news/AN_1552067559874041400/update-ithmar-withdraws-resolution-to-reshuffle-gulf-marines-board.aspx

http://www.morningstar.co.uk/uk/news/AN_1552058351463731100/update-gulf-marine-services-shareholder-seafox-stands-by-resolutions.aspx

http://www.morningstar.co.uk/uk/news/AN_1552038546832875400/gulf-marine-finds-usd6-million-of-savings;-looks-at-refinance-options.aspx

http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=3&vw=story&SecurityToken=0P00012E77%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00012E77&ClientFund=0&CurrencyId=BAS&story=405631743840641

best of luck for the week.

I was looking for links to show you te loan breach warning and the ok.
but LONDON STOCK doesn't allow it.

also the chair person is to be put in....that usually has big effect sp

MUST BET TO BED...NIGHT

indeed. the SP crash was over possible banking problems....apparently sorted.
they have more sheiks than an alcoholic anon meeting...
their board meting is 2 weeks with a vote.....they dont think that 2019 will be great but getting onboard now could yield a serious multibagger......especially with the low oil price at the moment...possibly better even than tstr.....but the 18pps share limit is just odd...or it seemed it me

actually found the proper link
look at sp the days before this came out....it put the brakes on the recovery....

https://otp.investis.com/clients/uk/gms/rns/regulatory-story.aspx?cid=795&newsid=1223943