Member Info for GLR1990

Whats the bear case here, all looks set up for a big investment in 2019?

Is it simply trying to find someone to fund the CAPEX and secondly, making sure they retain a pretty good deal once completed?

Obviously the nickel price will help, but as a large partner I'd presume they wont be too interested in the price now but where it is foretasted in 2+ years time

What is happening on the 15th March? Results?

Should find out in the next 9 days if we have received the next funding and can begin phase 2 :)

Should (fingers crossed) hopefully give us another nice Brexit proof investment for another 12 months+

Humidity, temperature and light

But yes, a waterproof container is probably the first priority!

Unless you can get someone to run out in the middle of an ocean storm to seal up the container on notification that water has entered

Surely they are tested beforehand?

I suppose if there was an impact, then there could be a hole which then leads to water damage

So you'd get something like 1. Impact 2. Light 3. Temperature Drop 4. Increase in Humidity 5. Damaged Goods - From this you could argue to the insurer that the damage to the container was in fact damaged at sea and you complete all of your checks beforehand as there was no extra light, temp was higher, humidity was fine etc. etc.

Definitely would help with an insurance claim 100%

When do all the Virgin Care contracts go up for Tender is it April 2019?

Some absolutely incredible finds the last 3-4 weeks

Another terrible week, back to NA problem territory and lows of 1.21 on the bid
Yes placing can come at any time as we are loss making, we do have the bank facility, hopefully whatever we got from the NA money is mostly profit and the watchlock revenue (which surely will be released soon) will help us tick over, the 200K SAS license will be mostly cash I presume so that could help

Short term though as someone mentioned as always contracts needed, even if we just had news on anything six figures or above, of course in times of no news we would really sink as right now we dont know if any of these are being signed due to the no rns under X amount rule we have in place

Hopefully a much better week next week

Enjoy weekend all

Where are people getting the figures from? (Revenue)

Might be right there Fox, hopefully there is some good news around the corner for STAR in the short term, I thought the Zero news would attract some LTH but it clearly hasn't had a big impact as yet, maybe your right because there are no numbers (none of our partners have numbers)

The struggles of a long term holder, hopefully this one will come good for us all in time

What happens if CropX meet their numbers in 2019 2020 and 2021?
What happens if Starcoms tech gets put into every new Zero model?
What happens if Contguard take off, backed by CITI and CANAAN (only last April!) become a successful company
What happens if Shiptek, backed by union bank takes off and becomes successful?
What if Bosch release the TDL as their new monitoring solution?

We have the best GPS tracker for Ebikes on the market and a 1st class hands on development team
We have products that are gaining global recognition from global companies and being mentioned in market leading reports against some companies that are in the billion dollar MCAP range

On top of all this, we generate around 2m SAS per annum and have hit over 5m USD consecutively for years past, 6m last year, we will see what the operating loss is this year but let’s assume it’s between 900-1m

So on current run rate, with new products and all five major clients mentioned above NOT BEING OUT OF FIRST GEAR where do you seriously think this company will be in 12-36 months time?

Not investment advice, do your own research
Risk of losing all your investment
Etc.

Some typos there

Even iron = environmental
Low cost producer* potentially
Lost cost = low cost

Looking to build a position here, what’s the bear case?

Obviously the positives are clear to see, low cost producer, high grade nickel %, ready for construction, even iron metal permits all cleared, competitive and lost cost compared to peers, not to mention a strong BoD

Only bear case I can see is what financing package they will end up with? But surely most financing packages will be better than no financing package?

So as long as there are no local issues and the nickel prices continues to rise and hold above 14000, they should have some big players interested in partnering to production?

Just a pre-investor question, all speculation from my part - will continue to research

Why do I never have cash when a buy opp presents itself?

Can't be long now, very rarely takes the full 45 days too

Sorry just read ‘if relies on product launch’ yes agree totally, the BAU will be a key metric in the financials - hoping to be pleasantly surprised... but not expecting it

I see major growth over the next 2 years but I’d like the trend upwards to begin now, we’ve all had enough time to top up!

I agree Fox but without the full NA payment and the WL release I don’t see it happening, I posted my calcs a few weeks back but simple fag packet for fun:
SAS approx 450K per Q
NA Payments 450-900K
Watchlock BT 250K
BAU (dealer network of 2-300 smaller clients) say 450K? (Advice here as quite unknown)

We may have to supply some more Helios units if demand increases (hopefully) for zero but the above puts us in The region of around 1.4m-1.5m with the WL release and potentially 2m if we get the NA payment over the line

Although I have no idea what BAU could be...

We need the africa money and the watchlock released this month, preferably before the financials so we can possibly accompany that with 'we expect Q1 to again be very strong in the region of 1.5m' or even better exceed, and tbf if we get 300K from WL and 900K from NA contract, then SAS will put us over the 1.5m record mark posted back in Q1 2018

This is short term of course, long term I see significant value in our existing clients

Starcom signed many key agreements in 2017 - as the balance book looked torrid the company making Loss after loss, and a diar revenue performance in H1 2017, things looked really bleak

Fast forward almost 2 years, and the company is still Loss making, albeit has made good strides on the revenue front

So what’s different now to back then?

Well we now know those deals signed in 2017 we’re with the following companies
1. Bosch - kylos at the core, still not retail released
2. Zero - finally launched in Feb, first bikes to hit the road mid April
3. CropX - already contributing revenue, however the big leap and game changer comes in the summer of 2019, cropX have very ambitious growth plans and if they succeed Starcom will majorly advance
4. XLOG/Shiptek - finally launched in December 2018, ambitious plans again and backed by the wealth of Union Bank, using Tetis
5. Contguard - huge investment in April 2018, although not much is know, we hope because of this investment 2019 is a big year for contguard

In previous years Starcom has been reliant on finding more revenue, signing a big contract or two, I firmly believe that in this current moment (and that’s not to say we won’t sign more) Starcom has enough partners now to become very successful from its EXISTING client base, in due course (12-36 months)

GLA LTH

PS looks like the SRF has received outstanding reviews

Great replies

What's the end goal here? e.g. 3 years from now, debt free = massive increase in SP?

If they are generating a profit (e.g. cash) then surely whoever they are in debt too is willing to work out a repayment schedule that suits the needs of both parties, usually whens someone CAN pay everybody ends up happy

What's the deal with the MCAP are they struggling to pay off the debts?

Not many companies on AIM that have this amount of turnover and profit yet sub 10m MCAP? usually the other way around!

FN1 think I have asked this before Is there a price/MCAP you would be interested in?

It may just be safer to wait for news