SRT Marine Systems – the latest webcast is a must-see – shares to 100p?

16.12.2024

I really do recommend readers to take a look at the latest webcast from Simon Tucker, boss of SRT Marine Systems (LON:SRT).

This global company develops and provides integrated maritime surveillance, monitoring, management and safety systems used by coast guards, fishery authorities, infrastructure and vessel owners for the purposes of managing and controlling their maritime domain. 

Applications include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection and environment monitoring. 

The webcast went live last Thursday morning, with Simon very clearly defining exactly what SRT does for its business, its various products and services and defines its recent contract news.

Take a look on https://srt-marine.com/about/news/december-2024 - it is worth the time taken to view.

The group’s shares have endured a yo-yo ride over the last year or so, however, I must state that after seeing last week’s webcast I remain massively more convinced that this £110m-capitalised company will see its shares, now 43.90p, break up towards the 100p level a lot sooner than perhaps the market thinks.

(Profile 14.09.20 @ 39.5p set a Target Price of 50p*) 

(Profile 10.11.23 @ 39.75p set a Target Price of 60p) 

(Profile 25.04.24 @ 22p set a new Target Price of 35p*)