Member Info for EdMoses

Predictive text! That should be announced not glassed!

What’s great is that since the cash position in December we’ve glassed two large RNS deals with Cubemonk and Zero and still no placing. It’s almost as if, when they announce via that they are working on financing further growth orders vs the already upwardly revised Allenby forecasting and state they don’t need a placing therefore that they may just know what they’re doing - some great info coming out of Star right now and look forward to more, which looks imminent. DYOR, No Advice Given.

Agree, SFU. They don't do things by half that's for sure.

Some fantastic research regards the various partnerships CropX have and are developing today, coupled with the discovery of links to Bayer really makes the possibilities the agritech sector presents for primarily Starcoms Kylos come into focus. It’s also interesting that Finistere, Bosch and ICL each have vested interests in Starcom, Bayer and CropX. Bodes very well.

yeah great research there and elsewhere GLR, as ever.

Def worth reading the notes I’d say - very informative.

Your as myopic and one eyed negatively as any supposed tampers are positive. We take your point re revs but to repeatedly say the same thing over and over and over makes you appear churlish to the point of ridiculous. That you don’t get that (although clearly you do) only adds to the feeling that your a troll. Add something to the conversation - or don’t - at this point I doubt anything you could add will be taken as without motive as you have successfully created a certain image of yourself - and that’s a shame as you probably could have added something worthwhile.

Great summary GLR and I agree regards "expect".

"We are delighted to see that the changes in our product offering, which we have worked so hard on over the last three years, are now coming to fruition and we believe this will result in accelerated growth in 2020 and beyond."

This bit, every time I re-read it I wonder if this is actually referring to Bosch as that is specifically a 3 year relationship now and culminates in the TDL140. More speculation than anything but accelerated growth would mean ahead of target, which in light of the recent RNS's will no doubt require a further revision to the already upwardly revised Allenby release.

Now that is one good looking bike, so pleased Star are working with them, their bikes are simply brilliant and the reviews sensational. Really hope, not just for Star, that they hit their targets as they are a feel good story too.

Your welcome - Great time to be in, 2020 the transformational year here.

Back at the end of 2018, STAR talked about CropX placing continual increased orders, a gradual increase that in isolation wasn’t RNSable:

https://www.starcomsystems.com/2018/08/21/the-rise-of-starcom-iot-technology/

Since then CropX secured a further $10m in funding, acquired Cropmetrics (and 1/2 million acres) as well as a strategic partnership with Farmagro opening up South America (and adding another 1/4 million acres.

I’ve been reading this article this am about the emergence of “Unicorns” - company’s with a value in excess of $1b from Israel (There’s currently 20) and where the next one may come from - who’s in that conversation? CropX.

https://blogs.timesofisrael.com/daytrip-to-the-land-of-jerusalems-unicorns/

And that’s where it’s usefull to remember that STar is not just a part of the CropX story - it’s absolutely essential - vital to their offering and sits dead centre. CropX’s growth is Stars growth.

The FY figures will make interesting reading - could it be that the whale we’ve all talked about is actually already here and producing the kind of bottom line we’ve been hoping for?

Hi Elbarracuda, if you look back over the history of STAR on any social media platform - the chat here in LSE included - the continued discussion over working capital - and let’s be specific here, possible placing - is one that’s never gone away. In truth any tech start up with aims to reach $50m MCAP invariably has to use a placing strategy to do so and we’ve had our share of that. It could be said that the unanswered questions about cash is currently what is holding this back from real value (however other tech stock doesn’t seem to suffer to the same extent). The reality is that STAR’s trading terms are positive and clearly designed to only have to use a placing in direct correlation to a whale of an order. I personally don’t mind a placing of it is evident to serve one of the massive orders we’ve talked about over the last few years. Will that happen? I don’t know. But I do know that whilst everyone has talked about it, STAR have gone about their business improving margin, streamlining costs and becoming more profitable - the cash situation therefore should be improving. When your talking about growth through recurring revs at 80% returns that can only mean good things for balancing the books against future orders. At the moment the story here is so good on STEADY growth, this isnt a volatile option - in fact the only volatility will come when we land one of a large amount of possible big deals. We have the banking facility that could also be reviewed (prev. Agreed on much lower performance figures and as far as we know as yet unused which can also only bode well for a review if needed). These latest RNS’s and deals are not factored into the Allenby upward forecast revisions so I’d expect another review there, we are/will be due a re-rate (surely) and, in my opinion already bottomed out here so everything is positive. Let’s see what the figures next month tell us - but spook at what’s happening currently against the value here. IMHO anyone “scared” to invest in that because of fears of a placing really should be asking if life as PI is even for them - there’s far greater risk elsewhere in more “successfull” pulp and dump options, that’s not my game. No advice given naturally and DYOR as ever.

Thanks Riddler - sometimes not easy seeing the wood for trees! the market will simply have to eventually catch up with a story that's too good for is current levels via a BoD who do it they're way.

I get that there’s been frustrations with BoD - some of which I agree with to a degree - but when you actually brass tacks this you can see very clearly that they are not in the habit off saying anything lightly – if they say something looks promising, 9 times out of 10 it materialises. They just need to be left alone to get on with it. If your invested just for the products then you’ll drive yourself mad. Once you see the people at Star for the way in which they – not AIM – they operate it becomes far easier to just let them get on with the job in hand - there’s proof plenty now that they can and will do it:

Last TU Feb/20 : Lokies Attracting growing demand
Latest news Feb/20 : Up to $2m deal THIS year announced

Latest RNS Oct/19: Swiss Cargo/Bosch tie in announced, further Kylos Air orders subject to further certifications
Last TU Feb/20 : Further Certification Achieved

Last TU Feb/20 : Cubemonk in discussion re larger order
Latest RNS Feb/20 : New 3yr deal and significant increase from prev. years $.02m purchase

Last TU Feb /20 : Zero noted as a promising prospect, further news expected/awaited
Latest RNS Feb/20 significant increase in orders expected

Last RNS Dec/19 : Ukraine territory deal agreed worth $1.3m
Latest TU Feb/20 Ukraine noted as a promising prospect, further news expected/awaited

Last TU Feb/20 : ICL noted as promising prospect, further news expected/awaited

Last TU Feb/20 : WIMC noted as promising prospect, further news expected/awaited

* RNS’s for both the Zero and Cubemonk significant deal announcements also cite an expectation of leading to other new customer in due course.

I’d expect further news vs anyone or more of CropX, ICL, WIMC, SwissCargo/Bosch, further asset/container tracking or E-Transport/Bike maker imminently based on just the last 8/9 weeks of comms personally. No advice given, DYOR etc.

This is more the point I was making, you’ve made it more eloquently. The last few posts have read “genuine concern” “just don't understand why …” followed by “The market don't believe that Starcom are a good prospect, simple”, “Jeesus. They just can't help themselves can they”, “It feels like we are an auto-braking lift in freefall” “the slip in the African figures of £1.1mln to distort the accounting figures to show an upward trend” “it's not the first accounting anomoly there had been”. That’s not to say I don’t understand your frustration or where your coming from but the language used makes me question why your even here and still invested (that's not a challenge, clearly there's belief in the company and the products, just summarising an outside in perspective if that makes sense) - some of the emotive things stated have no or out of context and make things look just one way - such a the insinuation re the NA monies was some srt of shady manipulation of the figures when in fact it was absolutely transparent and a very profitable deal. Critique, question, challenge of course but to state as above and then wash your hands of the perceptions they help create and feed? Look, I’m not for a back and forth – there’s nothing personal here, I’m just voicing my take on what’s been posted – it’s just my take, maybe I’m wrong.

These boards are ridiculous. Seemingly STAR cannot say anything, do thing, release any good news without folks stamping their feet and picking it apart to find the negativity every single time. And then, having done so, they want to know why there's a lack of sentiment for STAR. And this is all done under the guise of being "constructive" and "having to ask these questions". Each to their own and all that but if you spend your time hammering the company here and then have to ask why there is a negative feeling from AIM toward it that says more about you than what is actually happening here.

Only makes sense if you read it using an internal Precious from Come Fly With Me Voice: "me got Products, Me got partnerships, me got tech. But me got no court case - Praise the Lord"

I wouldn't argue that fact other than to say that the relationships are yet to be cemented as to being sizeable enough to be the reasoning behind a UN agreement - plus, Ill go back to the tender process - you cant retro add or furnish details passed deadline for submission. Testing was completed ages ago, anything since the UN retreated to make their decision simply cant form part of the consideration other wise, in an open tender process ALL submitted parties could continue to add details to their proposition ad infinitum. However - and its a big however - there also cant be an open ended consideration period, as you quite rightly point out - there could be a fundamental change to a company that could render their previous submission now inadmissible. Regardless - UN deal pales in comparison to ICL, Bosch, CropX etc etc where we know further orders are now almost inevitable.

Normal tender process wouldn't allow for you to retro speculative add additional information such as company progression once the deadline for submission is passed so I cant see this affecting the UN deal that's been on the table for eon's - it will certainly help with future tenders though for sure. The BoD have always said the company aren't about the UN deal - if it comes off then great so I for one aren't paying any attention to it until it demands to be looked at again - I hope following an RNS.

AGM presentation should be on website tomorrow by which time we should have more info from those that attended - heard snippets but will leave it to those that were there to fill us in.