Member Info for GLR1990

How much cash do they make a month and what is the forecast for future production?

Will be adding more, MR even said in the interview that he can't understand as he thought the update was good - it IS good! Most of our expenses are down, are margins are higher, we hit 3.1m WITHOUT any major orders from Bosch, CropX, Zero, Lokies etc. Tetis is being adopted by the wider market (Arviem AG, Cargo Signal) - the balance sheet was such a fine line between posting a much bigger EBITDA profit than what we did, in fact if it wasn't for exchange rate differences we would have posted a much higher EBITDA!

Also if the $400K order fell in H1 we would have hit 3.5m, circa 12.5% increase on H1 2018 then would the market have reacted the way it did?

Tell me another listed tech company valued at 3.8m with forecasted revenues over 6.7m USD that is EBITDA+ and has TIER 1 clients such as Expeditors, Bosch, ZeroMC and ICL?

If you can I'll invest in them also

Very fine margins, which will be ironed out in the next 6 months when Lokies is a huge success and CropX / Bosch bring in the orders

Nice results, you can't always expect major increases in revenue but operating loss is down from 0.51K in H1 2018 to 0.37K in H1 2017 - admin expenses down and I expect further down in H2 as the pay cuts they took where in April/May was it?

Need clarification on the Arviem AG and Cargo Signal mention, are we just trialling or has this actually become a relationship, because if the latter than is massive news as Cargo Singal is expediators digital logistics subisdiary (expeditors being one of the biggest logistics companies in the world, think they got to second in 2018 at some point) and Arviem AG recently got a nice funding round and are working on some big projects, so could be another contguard type customer or even better

Some strange wording in the RNS getting Lokies ready for 'Mass Production'? Again clafriciation needed on this, how much have we made from Lokies?

Some really good clients now, it's always a gamble on AIM but many irons in the fire that can produce significant returns and they start H2 with a $400K order

For reference updated client list (minus XP as of today)
Bosch
Contguard
WIMC
Zero MC
Cargo Signal
CubeMonk
Pinnacle ($400K order)
ICL
Arivem AG
Shiptek/XLOG
CropX

That's looking a lot better - hopefully we can win some big national railway organizations in the next few months with Lokies

GLA
PS oversold IMO today, 4m MCAP regardless it's an absolutely silly valuation

Moving up a touch on anticipation of results
They did say end of July which is frustrating as it is now Aug 12th, thats quite a delay considering they said it early July
Forward looking statement would be nice, although it would have to be strong after the ramping they did when the Solarwinds deal was signed - on the back of an increase in revenue and business it should go down well, althouhg if its on the back of further losses (increased) or anything negative then not so well
Can't quite believe they haven't been released as of yet

Understand GT and yes frustrating but cannot always live in the past, let's learn from it and maybe time our investments a little better in future (or wait for solid results) - I am sure everyone will agree that this company is moving forward and is better positioned now than it was in 2017 and 2018

Hopefully the interims back this up
GLA

We terminated it :') Not exactly like we was begging for the client to stay! :')
Have to laugh sometimes

Can't hold onto contracts? :-)

2019 Contracts Lost

- Xplosive Solutions (500K over 3 years - forecasted, no historic revenue to base that on)

2019 Contracts Won

- ICL (500K over 5 years, framework agreement suggests more to come)
- NTSA Kenya as per AGM presentation for 6000 units
- Cubemonk OEM agreement
- Any others not RNS'd? We will see in the Update this week

2019 Developments (and contracts STILL in place that we know of)
- BOSCH TDL140 release
- ZERO SRF release
- SHIPTEK investment
- CONTGUARD Investment (AXA)
- WIMC restructured agreement
- CropX new Investment and business model
- New Product (Lokies)

The BoD must be really down about that XP loss
Probably why it is 1.29 to buy and someone picked up 1m shares at 1.21 earlier on

I don't believe they can afford to disappoint
Had they not raised 4m GBP and not ramped the Solarwinds deal, they might have gotten away with a bit of slow growth and jam tomorrow
You give someone 50% of the MCAP to spend to get the business to profit, and they post 'disappointing results'

Will go one of two ways, the results will be dissapointing but there will be some story about how revenue has not yet begun from Solarwinds and is expected in Q3/Q4 - I do recall they said it will be slow ramp but it will ramp up, a slow ramp still means progress so zero solarwinds progress is not a slow ramp, that is the absence of a ramp - and it seems they also found a pothole along the way

Or the results will actually be quite good, and we will all be rushing to stock up with the added bonus of Solarwinds in the following Qtr's

GLA

What are folks expecting from the results this year?
What's your expected Rev, EBITDA loss etc.?
Last year was 3m rev but I recall back then everyone was saying next year should be 6m+
EBITDA loss 1.6m (total loss 2.5m?)
Cash raised since then of 4m so they SHOULD have at least a couple of mil in the bank?
IF the solarwinds deal eventually turns into revenue, then we COULD have a business?

Hi Ken

Pretty much a comparison vs H1 2018, which was 3m USD - The target this year is EBITDA+ (think it was around 260K on the broker note) and 6.7m revs, so one would hope H1 2019 is around 3-4m USD and already EBITDA+

Updates on the following would be nice:-
Zero MC - How popular has the SRF been and do we see a significant revenue contribution in 2019 from sales
Lokies - How is everything proceeding with our new product, are sales strong
ICL - Any futher updates on the 'framework agreement'
CropX - Further orders, new business model, where do we stand?
XLOG/Shiptek - Any orders? Will the new investment be lucrative for us?
Cubemonk - Any further rollout?
NTSA Telematics - Any further order as expressed 6000 unit in AGM presentation, the start date has now passed (Aug 5th)
Kylos - It is on track to beat 2018 sales figures and do we expect further orders from Bosch?
Tetis - Is 2019 the year of adoption for Tetis, have we seen strong orders and interest? (Mearsk, CMA etc. all now using digital shipping/tracking)

Any other business/collaborations etc. new markets and revenue streams

Ultimately, are we on track to make a bottom line profit in due course, is the business improving (for the second consecutive year)

When audited we can then take a closer look at the balance sheet and see if the costs are reducing or if revenue is increasing faster than costs etc.

But ultimately, its all about the results - as a LTH for 2 years+ I personally just want to see growth circa 10% - anything more than that ill be over the moon

For shame

Does anybody actually speak to the company, as in by call or email exchange?
Or is it a total lack of comms on all fronts?
Do they have a PR contact, and if so does anybody speak to whoever that is?

We are not going to be kicked off AIM, the auditor issue was no fault of STAR and secondly the new additions are all being paid in shares until March 2020

Quiet times indeed however hopefully not so quiet at the company
A nice TU with circa 10% growth on H1 2018 would indicate a second year of double digit growth for little old starcom, in the same time the MCAP has dropped over 50-60% (or 6-7m GBP) so a reversal could well be on the cards
Any indication of achieving profit whether that be EBIT/EBITDA and a move towards a positive EPS - with the current growth of our partners looking strong (all at a very early stage IMO) we could be set up for a few years of further growth ahead
We still cannot price in the impact of Lokies, and it looks like the Zero SRF has been a huge success, where supply cannot meet demand

All IMHO of course DYOR

Results tomorrow according to the FD himself?
I will see what is down the back of the couch, failing that - some old jackets
Or maybe I will put it on the 3.35 at Goodwood

In all seriousness, if they are tomorrow then I hope they are brilliant and all LTH make some very good money, whether that be a spike or over the next 6-12 months - at the end of the day it was WB himself who said it is better to buy a wonderful company at a fair price than a fair company at a wonderful price

Are WSG carrying out the screening for ‘free’ at the moment?
They have staff on the ground fully trained? Has anyone got wind of how many containers they have screened officially to date?

Very odd way of doing business, not on WSG but also the port, always thought the first rule of business was never do business without a contract, but maybe times have changed

Pretty good RNS that, 2m MCAP so could be cheap in due course
Key is they are finding new markets and developing new tech, lots of times this goes under the radar as the company evolves and almost becomes a new company in time, in markets they never envisioned they would be operating in
Very positive, will potentially be a rocky/volatile 6 months due to delays and starting new trials, but the future is looking good for these guys, very nice update indeed

Where is the TP presentation? Is it online?

Someone has taken interest, 3 x £4K buys

When are we expecting results, august?

TU in July maybe?

A look back on some of the positives of H1 2019

H1
- Major announcement, Zero Motorcycles and the new Zero SRF! Starcom embedded into the technology centre of the worlds best electric motorcycle!
- Small OEM agreement with CuebMonk, a USA based 'Hauler' of goods
- FrameWork agreement signed with Israeli chemicals, ICL, to monitor their ISO TANKS (chemicals) during transportation
- DAV Scooters! (Details Unknown)
- Updated WIMC and XP agreements
- Release of the new Lokies padlock!
- New Members added DA and MB
- Bosch TDL140 finally released to market!
- NA Payments recieved after a brief delay!
- New Nomad!
- BoD taking salary cuts and being paid in shares until March 2020!
- Alexa Ranking up to 142K (from 850K in December 2018!)

Partner News
- Shiptek Signs with Union Bank!
- AXA sign with Contguard
- Zero raise 25m USD
- CropX Fundraising 10m USD, releasing new HaaS model soon

All that is left now is to await the financials and look forward to an even better 6 months :)