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Spiked a little at close so hoping for a positive start today.
Been here exactly the same time frame as you Lotto. They cut Geocurve because it was a cash burner and never seemed to be going anywhere and let's remember that was a business from the old BOD. TB only invests where he sees true value and most the people on here don't even realise what a monster Gyrometric can be. For me P2F is an amazing bonus because its only a matter of time before Gyros world leading tech is installed in every wind turbine produced
Well said Lotto and I wish you and all the long term guys well. Just don’t like being trolled and called a liar by the blow-ins.
It’s also not entirely unreasonable to sound a note of caution during the hysteria here given what we’ve experienced in the past.
That’s it from me, won’t be posting again here. Wish you well.
I’ve been in RMS from 2016-17, when it was Aero. I’ve posted on the history of the company previously here, but its largely irrelevant to P2F, apart from whether senior management can support the company to “convert” its commercial potential. Indeed, we saw many promising RNSs come to nought since 2018. It’s been a very disappointing journey until this year. Geocurve was a massive let down no doubt.
However, COVID and its disruption in industry setting (where Gyrometric is installing its tech for ex) is understandable. So I fully expect the trials in Gyrometric (Clarke Energy, Tarmac and the wind turbine manufacturers) to take off, give or take few months. TB does not throw good money after bad and if Gyrometric was a dodo, it would be history by now. Regardless of GyroMetric management not delivering YET, the facts around the tech and its potential remain. ORE validated the tech, called it a “game changer”. Further trials were planned with the big turbine makers and I doubt all delays can be blamed squarely on an SME which is trying to tie up with a giant or two.
I have more than broken even here and intend to hold as the story has become more compelling. I like the sectors-crop nutrition, medical imaging and the remote monitoring. To view recent developments through the cynical lens of old AERO performance, is imo bit unfair to P2F and its team. Essentially P2F is independently run for several years and they appear keen to achieve targets here.
Given its a game of numbers with zero guarantees (be it investing in AIM or parent companies like RMS holding subsidiaries), the odds are looking better each day. All above are merely my opinions. I m not interested in arguing pointlessly with anyone (those days on Solg bb are history lol). DYOR. Good luck all
Eileen, there'll be plenty of people like me who bought in to Strat Aero over the years and saw a massive drop in their investment and who have now recouped. None of the promises came true, I'm not a trader so once the shares are down 90% it becomes pointless to sell, you write them off, stick them in the bottom drawer and hope for a miracle . Miracle achieved for me and I'm out. I wish you well , - here's one of the many promising RNS releases Strat Aero made which we're still waiting to come to fruition in the guise of RMS over two and a half years later:
RNS Number : 3019E
Strat Aero PLC
08-Feb-18
Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services
Strat Aero plc
Geocurve awarded £1.1m 3D and Virtual Reality survey contract
Strat Aero is pleased to announce that its wholly owned Geocurve subsidiary has been awarded a contract to provide an innovative technology-based 3D and Virtual Reality survey service for the Environment Agency's Thames Estuary Asset Management 2100 (TEAM2100) programme. This reflects Geocurve's continuing transition to becoming an industry leader as a specialist technology-based UK provider of data rich surveying services including multi-sensors and data analytics to create 3D mapping and Virtual Reality (VR) imaging.
The contract award to Geocurve follows the successful completion of a 'proof of concept' trial in which Geocurve proposed and demonstrated an innovative solution to deliver a 3D survey of the entire Thames defence and foreshore. The contracted surveys will use Geocurve's full surveying and data analytics skill set and the latest technology comprising innovative mobile multi scanners and sensor platforms that capture a full 360° spherical view of image data as well as LiDAR data. This will enable a full 3D mapping and Virtual Reality representation of the River Thames.
The contract initially provides a fixed revenue of £1.1m over three years, with work beginning within the current quarter.
Trevor Brown, Executive Director of Strat-Aero, said "With this contract win Geocurve has demonstrated its potential to become a UK market leader in the supply of virtual reality and artificial intelligence surveying services to specialist customers on critical projects such as the Thames flood defences. Geocurve's use of innovative technology gives it the potential to transform the nature of surveying."
Good luck with getting that lower entry point tomorrow!
Welliamatool I’ve been here for 6 years what a plonker