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NEWSFLOW ARTICLE

Gulf Marine Services – “Contract Award”… so why a share price decline?

2019-10-23 15:50:39

“Contract Award” announcement from Gulf Marine Services (GMS) including Executive Chairman Tim Summers commenting “we are encouraged by the steady emergence of new tenders in our core Gulf market, which will allow GMS to focus on building towards full utilisation of all classes of vessel in our fleet”. The shares are however slightly lower to 8.85p…

NEWSFLOW ARTICLE

Gulf Marine Services – interims “will be delayed”. Uh oh…

2019-09-11 11:21:44

Previously writing on Gulf Marine Services (GMS), last month I concluded including I wish that candidate luck! There should be more detail on what they face here with 11th September-scheduled half-year results. And now… “Re-scheduling Interim Results Release Date”. Uh oh – and re-scheduled to when?...

ARTICLE

Gulf Marine Services – from late May “improving pipeline of opportunities” to now “disappointed to reset guidance for 2019”!

2019-08-21 14:29:35

Previously writing on Gulf Marine Services (GMS), in December I noted warns but argues there will be longer-term improvement; It’s got to be around for that first though! – concluding still bargepole / sell as the shares slumped below 10p. Today a “Corporate & Board Update”

NEWSFLOW NEWSFLOW NEWSFLOW ARTICLE

Gulf Marine Services – warns but argues there will be longer-term improvement; It’s got to be around for that first though!

2018-12-19 07:10:48

“Gulf Marine Services (LSE: GMS), the leading provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, provides the following trading update”. Not ‘is pleased to provide’ then. Let’s see why…

NEWSFLOW NEWSFLOW ARTICLE

Gulf Marine Services – 3:21pm “Trading Update” announcement. Uh oh…

2017-08-03 04:09:17

A 3:21pm (and thus clearly unscheduled) “Trading Update” announcement from Gulf Marine Services (GMS). However, it starts “overall the group is continuing to see good levels of tender activity and is progressing a number of opportunities”. Not as bad as feared then? Er…

NEWSFLOW ARTICLE

Gulf Marine Services – do contract win & contract extension signal turnaround?

2016-08-09 00:16:33

Shares in Gulf Marine Services (GMS) have initially reacted modestly positively to an announcement of a contract win and contract extension – with CEO Duncan Anderson emphasising the developments reflect “our strong client relationships, leading operational expertise and flexibility”. The following reviews – with I having previously concluded sceptically here...

ARTICLE

Gulf Marine Services – clients are “seeking cost efficiencies”, Uh oh…

2016-07-05 06:30:00

Provider of support vessels to the offshore oil, gas and renewable energy sectors, Gulf Marine Services (GMS) has released an “Operational and Trading Update” commencing that clients in the Middle East are “seeking cost efficiencies as a result of the challenging low oil price environment”. Uh oh…

ARTICLE

Zak Mir's Bear Call Of The Day: Gulf Marine Services: Price Channel Failure Targets As Low As 80p

2015-05-27 23:40:02

With the FTSE 100 holding towards its best levels ever, it does appear to be relatively difficult for would-be bears to gain traction on all but the most obvious of negative setups, Plus500 notwithstanding, of course,. 

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