Market's view on Srt Marine Sys.
Published on April 2024
- Mediterranean ports are nearing capacity according to recent warnings.
- Concerns are discussed about the role of social media in amplifying and weaponising pushback.
- Ideology is identified as a prevalent force globally, influencing various domains including political decisions.
- Issues related to GMO approaches in agriculture are debated, specifically regarding the Golden Rice project in the Philippines, highlighting worries about gene flow and cross-pollination with local rice varieties.
- Criticisms are directed towards Greenpeace’s recent activities and leadership.
- Discussions include company performance aligning with expectations, as stated in recent trading updates.
- Queries are raised about potential financial write-downs due to surplus equipment and the effects of changing fiscal year-ends to extend contractual deadlines.
- The controversy surrounding the monitoring of 400,000 vessels intended by a system to potentially only cover a few thousand is highlighted, questioning the value proposition of the system.
- Concerns are voiced about the potential for a takeover due to the company’s reduced valuation and vulnerabilities stemming from political and management issues.
- Discussions about the origin of ‘SRT’ and reflections on the potential need for new management in light of ongoing disappointments are shared.