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SRT Marine Systems – AGM trading update, how “material” is the half-year improvement?

By Steve Moore | Wednesday 21 September 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


SRT Marine Systems (SRT) has announced that it “has made excellent financial and operational progress during the first half of the financial year across both its transceiver and systems divisions, and that therefore the company is expecting H1-2022 to be materially better than the same period last year”. So what of a current 11.1% higher share price response to 28p?

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