The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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*sent - sentiment.
I should have added that the business contacts I’m referring to are those that can be found on LinkedIn
If you’re impressed with their product links, you may like to take a look at their list of business contacts. Yosi Schwarztuch is Starcom’s Business Development,After Sales and Logistics Director. Approx 6 weeks ago when I last looked, he had in excess of 400 business contacts. When I reviewed this list yesterday I noted it had increased to 994 business connections.Many of those contacts are from CEO’s , CFO’s and R &D Directors at some very large businesses. The scale and diversity of those businesses is huge.
Many of the new contacts have arrived since it was announced that Lokies had won the tech competition organised by DHL so it’s probably fair to say that winning that competition has brought them to prominence within the IoT sector.
If we also throw into the pot that there are potentially a couple of huge contracts, certainly in relation to Starcom’s current annual Revenue then I’d struggle to guess where this might take the sp in the short term.
There’s no doubting the quality of their product offerings which are interchangeable if that is what customers require.Otherwise they can be acquired on a bespoke and stand-alone basis.
Due to the recent availability of cheap labour there hasn’t been much pressure on the global Logistics players to invest in and embrace the new technological advances and to be fair to them their customers haven’t probably demanded this type of service. However, the Covid pandemic and the associated issues which have now come to prominence have completely changed this landscape. Customers are now demanding visibility of supplies due to the impact it is having on their global supply chains.
I’m also advised that these changes are being demanded as a result of the change in demographics. The baby boomers are well into retirement ,Generation X is now moving in that direction and the Millenials are beginning to take centre stage in many global businesses. This is the tech savvy generation who’ve grown up with computers,iPhones and their like. It is this new generation of consumer who will drive consumer demand forward and they will embrace 5G and these new technologies. Companies such as Starcom are ideally placed to capitalise upon these changes and hopefully our BOD will take advantage of this.
They’re fully aware of what’s driving this and that’s probably why they’re about to embark upon a rebranding exercise.Economies of scale probably prevented this in the past but now they can see the potential of this new market, the dynamics have changed and therefore it makes perfect sense to make this considerable capital investment because of the potential rewards available.
There’s some speculation that the large contract in the wings is not associated with the businesses previously close to the company,such as, CropX, Zero, DHL etc. If it proves to be one of the large North American IoT operators,and I’m not saying it is, then the whole dynamic will change overnight and we’ll see a radical change in investor sent
Here’s a summary of what happened yesterday https://www.sharecast.com/news/aim-bulletin/supply-chain-crunch-could-prove-a-boon-for-starcom--8267908.html
I remember trakm8 shooting up in price as it developed products for vehicle tracking and dash cams. Starcom is so much more. It allows companies who buy their products to save money. This could be as a result of individuals doing what they are employed to do (not opening freight in transit, removing fuel, parking in a lay-by etc), finding efficient routes, adding water to crops when necessary, ensuring freight is maintained at the correct temperature in transit…. the list continues. I’ve spent today looking at their products and links to associated companies and it is breathtaking https://www.starcomsystems.com/partners/
A third party seller of their products has said that in the USA there are hundreds of thousands of vehicles with Starcom products installed. They are also sold to emergency services and armed forces.
I can’t understand why the company isn’t valued at multiple times the current price, however think it soon will be. They are about to rebrand - good idea , not to be confused with Starcom the media company. I would also suggest a new share price for example 125 p instead of 1.25 p. This isn’t a penny share company.
I’m so pleased to be in this. They may have supply issues - like Apple currently do, but I genuinely think this will soon be double digits.
Good luck to those like hunkymonkey who has had the faith here for several years, unlike people like me who have only just joined the party.