Discover and read the best of Twitter Threads about #GMS
Most recents (4)
🧵 Gulf Marine Services #GMS.L - A deleverage story in a rapidly improving offshore market
Below a short analysis made with @Magnus12316
#rigs #shiptwit #oil #oott #offshore
1/n
Below a short analysis made with @Magnus12316
#rigs #shiptwit #oil #oott #offshore
1/n
THE FLEET
#GMS.L has a fleet of 13 advanced self-propelled, self-elevating support vessels, mainly in the AG (and one vessel in the North Sea).
These are accommodation units for workers servicing offshore oil fields.
2/n
#GMS.L has a fleet of 13 advanced self-propelled, self-elevating support vessels, mainly in the AG (and one vessel in the North Sea).
These are accommodation units for workers servicing offshore oil fields.
2/n
Unless fields are "closed" permanently, they need to be serviced.
The dayrate is the basic income of the vessels, then there are add-ons (VSAT, catering, etc)
GMS has 6x K-Class (Small), 3x S-CLass (medium) and 4x E-CLass (large).
3/n
The dayrate is the basic income of the vessels, then there are add-ons (VSAT, catering, etc)
GMS has 6x K-Class (Small), 3x S-CLass (medium) and 4x E-CLass (large).
3/n
Thread examining SNP Westminster leader Ian Blackford's comment on Good Morning Scotland.
He claimed that ScotGov is passing on "every penny" of funding it's receiving for covid.
But just how true is this? What does Audit Scotland say?
#GMS #AuditScotland #IanBlackford
[1/12
He claimed that ScotGov is passing on "every penny" of funding it's receiving for covid.
But just how true is this? What does Audit Scotland say?
#GMS #AuditScotland #IanBlackford
[1/12
▶️GMS 20/12/2021
Ian Blackford to GMS argues "every penny" of money received for covid will be spent on mitigating covid. He describes this as a 'commitment', 'promise', 'guarantee' that ScotGov will deliver.
But what does Audit Scotland say?
[2/12
Ian Blackford to GMS argues "every penny" of money received for covid will be spent on mitigating covid. He describes this as a 'commitment', 'promise', 'guarantee' that ScotGov will deliver.
But what does Audit Scotland say?
[2/12
▶️Audit Scotland News Release 16/12/2021
"The Scottish Government needs to be more transparent about its spending in response to the Covid-19 pandemic, following a year in which its budget grew by a quarter"
Audit Scotland suggests a need for greater transparency
[3/12
"The Scottish Government needs to be more transparent about its spending in response to the Covid-19 pandemic, following a year in which its budget grew by a quarter"
Audit Scotland suggests a need for greater transparency
[3/12
Expect massive churn at #MCLS given size of raise but board bought, market looks backwards & I think it’s a buy. Now got capital to accelerate facia rollout - IF next 100 stores show same lfl uplift as first 65 (3 year payback) then mkt will rerate in anticipation of same
cash per store uplift from targeted 800 off 1150 in estate. @research_tree carries good notes. My maths (dyor) is eps 11p to give pe 1.7 - lots like #GMS (I am long too) but on execution of day rates it’s still levered (very) has refinancing risk & is
Middle East ! This is U.K., would be modestly levered by that stage - 800 stores revamped. Should it be cheap - for sure but Tesco trades 12* leases / debt but leader so why not 4 * pe here. Worth doing the home work here. At some stage the low pe rocket brigade will arrive 😂
Les masques tombent ! La grande distribution a stocké des CENTAINES DE MILLIONS de masques CHIRURGICAUX pendant que les soignants (médecins, infirmières, aides soignants, pharmaciens, preparateurs...) se sont vu distribuer depuis des semaines ces masques au compte goutte 1/n
pour raison de pénurie et que le reste des français n'avait pas accès a ces masques !
225 millions chez carrefour (bfmtv.com/economie/alexa…) 100 millions chez intermarché et pareil pour les autres, be vous laisse chercher les chiffres mais ils sont tellement vantards et fiers 2/n
225 millions chez carrefour (bfmtv.com/economie/alexa…) 100 millions chez intermarché et pareil pour les autres, be vous laisse chercher les chiffres mais ils sont tellement vantards et fiers 2/n
qu'ils ne s'en cachent même pas. Auchan a même avoué avoir des stocks de FFP2
francebleu.fr/infos/economie…
La santé de tous nos soignants et de tous les français restés en première ligne et de leurs familles ne vaut donc pas grand chose devant le profit de la grande distribution 3/n
francebleu.fr/infos/economie…
La santé de tous nos soignants et de tous les français restés en première ligne et de leurs familles ne vaut donc pas grand chose devant le profit de la grande distribution 3/n
