Recent News6 May 2009 18:19
Not many posts here recently however I thought the following recent news may be of interest for those involved in this stock. Having had very little sp movement of late this will hopefully help recovery. The fundamentals here are sound and while I am positive on future prospects this is only my view. Dyor as always.
Not sure when the announcement is due or how large the deal is however perhaps someone out there has better information ?
News
Scotty expects big order
30 April 2009 08:59:00
Video equipment group Scotty said it is about to announce a significant order that will benefit full year figures as it saw profits slide for the half-year.
The group said a number of "significant projects" are now approaching the firm order stage. "In particular, we anticipate that in the course of the next few weeks we will be able to announce a major order that will benefit the financial year commencing 1 August 2009 and subsequent two years," it said.
Pre-tax profit fell to £89,000 from £304,000 in 2008 as high-margin R&D revenues move towards lower-margin equipment supply. Revenue rose 8% to £2.65m.
"I am pleased with the progress we have made in the first half-year. SCOTTY's equipment is becoming sought after in an increasing number of applications and, the Company's customer base is broadening as a result. I said in our trading update in January that these trends augur well for SCOTTY's future and I remain firmly of tha