Member Info for daramuda

No problems scuby. They are at least saving 500K pa from the move. PettyGreen - advfn shows that there was a buy at a higher price and a sell at a lower price. Could be a roll-over.

I thought that they had outsourced to Estonia.

dated 17.01.11 states "If he does raise money, Wither wants to do it at a big premium to the current price" The only way that David Wither can do that is to meet indicated increased revenues, keep costs under control and get the company at a minimum of break even in half 2 of the year or indeed the whole year commencing 01.04.11. Indeed if he does achieve that the sp will look after itself.

If you have done no research (and you should do so if you are interested in Sarantel) this has been a dog since it floated in March 2005. There was a placing in late December 2010 at 1.25 which appears to have been well supported. There was then a trading statement 18 February which spoke of two large customers who had stopped ordering but who the bod believe will start reordering from April onwards. In the meantime they say (paraphrasing) that those revenues have been replaced by many new smaller customers. It follows therefore that if the two large customers do return to the fold revenues should improve nicely. They are building a very useful USA military connection with their antennae but you need to read past rnss yourself. The three individual placees have reduced their holdings robustly - hence the fall in the sp. I believe that they are still left with quite a bit of stock. Wheteher they will continue to offload with the sell price below the placing price is anyones guess. It is s speculative stock but if the bod are right and the two large customers return the smaller customers continue to order (and perhaps a large customer might arose from them and if the military enquires and orders continue the company could slowly get into profit. It is also carrying some useful losses. Highly speculative so do your research.

Next stop I think will be the agm on 24 March. There may then be a trading statement second half of April. The sp means little at present. Either the revenues grow which is my hunch and the P and L improves or they dont. If the latter then cause for concern. If the former these are undervalued.

As Mr M and Snow were selling I picked up quite a few. Nowhere near what they sold but not negligible. I just feel that if the company has attracted alot of smaller customers who have been making up the numbers lost by those two large customers that that will have ramifications. All it takes is for one or two of the smaller customers to become large customers and things start to happen with the revenues. As the recent 22 Feb statement said, if the two larger customers are to come back then revenues further appreciate. Also the company on 23 Feb announced another military trial/potential deal. Sarantel is only capitlised at under £7m. I can see a time when that could become £14m or £28m. I.5 pence becomes 3 pence and then possibly 4.5 and so on. Scuby-do - I am not sure that I entirely get your drift with Snow. He sold enough to take him below a notifiable interest - quite alot sold imo. Whether he will buy back I am not sure. But then we do not know what he still has left. Could be still quite a few. After all 3% is still 12 million shares and £180,000 still buys some decent meals at what was the Lowys in Monte Carlo.

The trading statement 17.02 caused certain of the placees to sell volumes of stock. That caused the price to drop. Those shares have found homes but there are still shares being released although there are now buys. Read the trading statement and preliminary report closely (even see the annual report on the company website) you will observe that the company has more smaller customers whose revenues are making up the numbers. The company have also said that the two customers who stopped ordering are now coming back into the picture and one has placed orders. If that is all so, and there is no evidence to challenge it, it follows that the second half of the year should prove successful for the company. The company are quite prepared to deliver the good news eg recent military announcement but also do not flinch from delievering the bad. Therefore I feel sure that if the two customers do return to the fold we will hear that from the company as that develops and it then follows that year ending 2012 will begin to look very good.and its current market cap of under £7m should look very cheap and the there should then be a rerate. That rerate could (I do not say will) start in or post April 2011. I still hold.

Thank you for your time. I see what you mean. You may get your 1.6 wish tomorrow. We will see. Thanks also for telling me that the 24th report was the agm. I had as it happens had a corporate notice from my broker.

Noticed a 1.5 million purchase today.

Where did you get the date for a report on 24th from? I note that there was a trading update on 22.03 last year - is that what you are alluding to? Also could you point in some ditrection on google for me to research users recommendations for Sarantel product.

Same for me. Perhaps we should all apply for an antenna to help get us about.. Would also please Wither with increased sales.

Thx for locating it. If New Labour were still in they would be buying these in order to ensure that all cats and dogs were the subject of 42 day detention on a whim and every dog or cat who disagreed with them would be contacted via a gps and destroyed!!

Thank you for trying. I thought that I had read all articles save for that one - hence my interest. Not to worry. After years in the wilderness and having cost investors a packet Sarantel is at last looking interesting.

Could you post that full interview referring to anklets etc referred to in your post of 21.13 please.

A management which has serially failed to deliver year after year. Doubt management will deliver now but one never knows. Always hope.