Member Info for GLR1990

What's going on here if they have more cash than MCAP and the company is going to be sold then why are people selling?

Genuine interest here, was only brought to my attention yesterday so any investor notes or input very welcome :)

Good I've got more presents to purchase :)
Although wont be selling at that price so maybe next Christmas at 25+

Nice bit of cash left
Just goes to show that the Talaxis investment was for a % of the project, not to just pay for it
Even if your being petty and saying well it was £3.5m to drill so £3.5m cash for the 25% stake, that still values this company at over 14m mcap lol

Really is looking very undervalued DYOR not investment advice

No Idea on Timescales (hoping Q1 2019 for some) but my Diary is awaiting the following

1. E Motorbike Client, this is more for 2019/2020 so hopefully Q1, we released the Helios TT products back in May
2. Concrete No idea
3. Shiptek - Official XLOG Launch is January, only committed to 800 units per annum (see RNS) but recently the potential of the platform (XLOG) has really stepped up, backed by Union Bank, so hopefully 800 units could turn into something a lot bigger - marketing has been outstandin, really came out of nowhere this one
4. CropX / WIMC - orders as per usual
5. Watchlock 3 BlueTooth - Backed by orders, be nice to get it onto the market as until really Q2 2018 we didn't make much from Watchlock so its a nice relatively new revenue stream
6. Bosch - Absolutely no idea, writing it off until a surprise RNS pops up, hopefully released like the Spotsee TDL if that ever happens then great if not shame
7. Pinnacle Kenya - Likely doing the speed govenors for the NTSA hopefully more orders come through
8. Technotron Fuel Monitoring JV - Looks like this could be a good partnership going forward, hopefully helps with the potential 2.5m from the North African government in 2019
9. UN tender - again forget about it, if it comes great if not I dont wanna know
10. Xplosive/Vodacom - not too clued up on this but looks like could offer some revenue in SA

11. Contguard - Hopefully continues to grow, should be in demand with new tobacco legislation and investments should bode well (from CITI)
12. Back to CropX ICL investment they will be looking to establish something in 2019

I am sure there is more, but if you look at each potential deal whilst adding in a pretty much banked 1.8m SAS per annum (hopefully increases to over 2m) then HOPEFULLY we can start consitently bringing in EBITDA+ and 6.5m+ revenues per annum, I think once thats established this becomes a very pretty investment for the bigger players fingers crossed

Interims are the next catalyst, would like to see another order before year end, or even a non-rns type order as think it could really push us over - 2019 could be anywhere from 7m - 10m+ based on current contracts and partners IMO, need to see the iterims first though to be sure of where we are heading, so i'd say thats the next catalyst, I want to see product mix and individual product sales, see how much Kylos, Tetis and Watchlock have contributed, hoping the watchlock range can become a 750K - 1m per annum product, Kylos 2m+ (bosch, cropx), Helios 2m+ (ebikes etc.) and tetis (Contguard, Shiptek, WIMC (I think)) 2m+

Add those in with SAS and you've got a lovely business going

UN still in contact apparently, never asked myself though so cant comment

Could be the UMOJA project - Phase 2
https://umoja.un.org/about

Scroll down to timeline 2017-2019

Q4 2018 talks about track and trace pilot - likely delayed considering the size of it so like most big projects, probably have to wait a lot longer than we anticipate (that's even if we are to be given it)

Just one of many UN projects that it could be part of, still if not, be nice if we was also considered for this UMOJA project since we have a decent (and growing) presence in Africa :)

Personally, I would write the UN contract off and focus on other parts of the business, likewise with Bosch - at the current SP obviously none of it is priced in so its all a bonus, we still need to be able to generate 7-8m+ per annum so contracts like recent developments with JV Technotron, concrete monitoring markets, Emotorbike clients/markets will help us consistently bring in this type of revenue (cropx, shiptek and contguard hopefully) as MR say's that's the 'bread and butter', hopefully these can contribute even more in 2019

exiting?! Exciting!*

Surely hope none are 'exiting' lol

Really surprised not at least over 2p here
Should be trading around 7-8m MCAP in anticipation for the trading update then anywhere north of 10m MCAP once the potential sinks in and the market realizes that these new and exiting client's are going places and taking STAR with them for the technical advancements

Is it really any coincidence that companies like Contguard, Shiptek, CropX etc. are all having fantastic years and all use STAR products?

Wealth should hopefully trickle down in due course

Its gone way past the bottom, the bottom was 2p, this is just plain ludicrous

its 5.5m MCAP for a company thats posting an Ebitda of potentially over half a million and has contracts and partnerships that could bring in over £8m+ in revenue in 2019

So not only is it undervalued but we haven't even started to factor in the future outlook and current continued growth of all product ranges, SAS and of course revenues and profit... Not to mention the growth of almost ALL of our partners

Geesh

Not investment advice DYOR do not invest based on what you read on a BB

9th Aug - first drill results go off for inspection as 51 holes have been drilled
11th Sep - 91 holes drilled - 1.3-2.3% TREO discovered - 75 holes remain
20th Sep - 1.4-2.8% TREO - 66 holes remain
07th Nov - 1.2-2.4% TREO - 21 holes left

So 75 holes went down to 66 in 9 days in September (9 holes assayed) so thats one day (wahoo nice and easy!)
66 days from 20th September, would be Monday 26th November, however...

7th November - 1.2-2.45 TREO there was 21 holes left...
7th to 26th = 19 days which puts them about 2-3 days out give or take

So basically, by my calculations - all of the drill results will be delivered next week...

Not cross checked :')

for the last 2-3 years weve rose from the ashes of the 1.5p range and straddled 3p for a period of time, not a bad LT trade if your into that

Company in a better position now than it has been for at least 3 years

there'll be time enough for counting, when the dealings done

Looks like somebody prodded the sleeping dragon
Less than £10000 buys and we move 8%...

Positive because the results are positive, and the nature of the deals and wording in the RNS's make people positive

Stuff like 'comfortably exceed', or 'significantly exceed' revenues, stuff like the Shiptek RNS where 'orders may dramatically exceed minimium contract values', Bosch another one, there are no details on this at all! pure speculation, could be a bit part in a massive system or might be the new TDL and outfperform the TDL110... CropX how big are they going to become how many more will they order? WIMC who knew they was ordering more and more

All the products supposedly getting 'worldwide' recognition, Tetis in the global container market report among the top 5 companies in the world, Kylos endorsed by Bosch - again in the RNS 'becoming the go to company', 'record order book', saying we have a record pipeline of oppourtunities etc.

This is why we are torn because the SP is highly highly negative yet the RNS and company operations, on the face of it, appear to be very positive

Only time again will tell, as frustrating as the wait may be

I'm struggling to value the company at the moment
The SP values it at 5.1m

I thought 6.5m revenues (revenue vanity I know) with 450K ebitda (this is my estimate) we would have been valued much higher

Maybe people just dont believe we can grow considerably if we have to raise every time there is an order, lack of clarity on current agreements (does anyone know exactly how much contguard, shiptek, WIMC, bosch, cropx etc.) individually contribute and is this expanding or is it slowing down?

Last time I checked all our products (and now I also think Helios too) had recorded improved year on year sales

There hasn't really been a blow to the company, maybe people over hyped Bosch too much, still haven't realized much revenue (as far as we know from that)

I think the growth has been slower than expected and investors are getting nervous about whether all of these 'potential big clients' will pay off

Since Bosch have not yet released the product, CropX looks like its going places, Contguard had good recent investment, and Shiptek's XLOG looks awesome and has been marketed really well lately, also not to mention the motorbike client could add some figures, hopefully we get 2.5m from the north african goverment and WIMC continue to place order, the concrete market adds some value and the upcoming EV market wins us more deals, we will actually have a good 2019 and this dip will only be temporary

One hopes...

Sickening SP
- Bear Market
- Global Sell off
- Tech stocks hit hard
- Placing to raise at 2p in a torrid market (I think this will pay dividend in 2019)

Company still posting good figures and Ebitda+

Not much can do right now, I'm just waiting it out until the trading statement and hopefully another order RNS (that doesn't require a placing)

What I would call the perfect long term hold (do your own research)
Market forces helping the potential (EV, Magnets, trade wars, Neodymium supplies etc.)
SP barely moving during 'quiet periods'
Significant investment valuing the company at x3 current SP
Clear long term path - fully funded path to production (if milestones are met)

Seriously, in a LTH what more could you ask for?

ShipTek committed to the following orders
800 Tetis 2018
800 Tetis 2019
1200 Tetis 2020

The RNS stated that the numbers may significantly exceed minimum order commitments
"We are delighted to be working with Shiptek who we have found to be a highly innovative company and, as they sign up more shipping companies, volumes for Tetis can dramatically exceed the minimum order they committed to contractually"

They bought 100 for $42,000 so lets assume thats the going rate

800 Tetis 2018 - $336,000 (have we realized this, more or less, be good to know in the final year statement...)
800 Tetis 2019 - $336,000
1200 Tetis 2020 - $504,000

SAS over the three years would be $250,000

Post-Agreement

May 2018 - Shiptek Launches XLOG
May 2018 - The head of Union Bank of Philippines, Edwin Bautista, speaks at XLOG launch Re: Blockchain Payments and Shipping (https://bitpinas.com/news/philippines-shiptek-aims-solve-logistics-problems-blockchain-based-platform/)
May 2018 - XLOG review with partner Union Bank http://conceptnewscentral.com/index.php/2018/05/12/philippine-made-app-xlog-revolutionizes-shipping-industry/

So as you can see, the revenues to begin with are small, but again a potential game changing company with advanced tech in their field is using Tetis, surely it is a matter of time before these quality organisations (CropX, Bosch, Shiptek/XLOG/UnionBank, Contguard) become many major organisations using our tech

I hope so... current SP stinks but we will see, could be an absolute bargain or for whatever reason(s) we dont make the progress we are clearly capable of and we're all wrong, maybe the bosch deal never takes off and its only used for specific niche clients, contguard and cropx grow slower than expected

Or maybe bosch release a retail product of the TDL and we sell £m worth, cropx continue to grow and improve order sizes due to demand and contguard make a fortune with the tobacco industry... who knows, all a gamble in the end I guess...

Do your own research not intended to be investment advice

bit of a cook pass afternoon
need another RNS but this time no placing please :)

Dont forget about Shiptek... the XLOG is coming!
Backed by Union Bank

Do you put that down to the company or the current market climate?

In a positive market we fulfilled two successful placings at 2.25p and 2.5p and if this order came in a couple of months ago I am sure we would have raised at 2.5p+, maybe even 2.75p

The share price was down to 2.3p, like many others had dropped considerably, and then they had to raise 400K to fulfil an order

Key is when will they be able to fulfil these orders without placings... but I suppose the SP will be cosiderably higher by then so thats the gamble...

Totally understand the frustration here but I also think the drop in SP is not totally because of the company, just a bad market where a lot of shares have dropped considerably

PAST 18 MONTHS!*

Really should have pointed that out... not speaking previous to that...