Member Info for Nig1954

Another link from Riddler posted on Twitter earlier today. Our distributors in the form of VTS Solutions and ITrackIndia are certainly doing their utmost to promote Starcom's products range.
Plenty of examples within the article to illustrate how flexible the tech is. For those of a certain age it's a bit like the old "pick and mix" section from Woolies whereby you can choose what features you need in your bespoke solutions. This is articulated in the varied ways in which this tech can be applied to provide practical solutions to a number of business conundrums. http://bit.ly/3uu4rXu

Large sells could be for any number of reasons but it has crossed my mind that it may be an attempt to prevent the sp from rising too quickly It wouldn't take too much to achieve this in such an illiquid share with such a small market cap. If so, the question is, who's doing so and what is the reason. Is it being kept back by the house broker to allow Directors to cash in on their warrants/options when news of large orders impacts upon the sp as demand for shares out weighs supply. Quiet musings early on a Saturday morning as i don't really know what's going on. However, news does seem to be imminent as there are reports on so many fronts of how the company's products are being deployed, especially in the transportation and storage of covid vaccines. If this support proves to be as extensive as is being intimated then the sp could gain traction and momentum very quickly once there's signs of profitability and a rosy future to look forward to. There's no doubting this company is in the shop window and the extensive range in adaptability of it's product range is being noticed. Starcom appears, on paper, to have a very bright future. It's just a matter of time and patience

A "200" code is thought to mean that MM'S need shares as there are insufficient available to cover a large order. This was followed by 2 price monitoring extensions signifying difficulties in establishing a fair price. The earlier inference to a large trade being worked may come to fruition after hours. Watch out for a large delayed trade

Noted, but this trading has been going on for just over a week. There are still plenty of trades outside of auction periods and they could be using the auction periods as a disguise for their activities . Whatever the position is it’s highly unusual to see this type of activity occurring over such a protracted period and there’s definitely something afoot. No doubt we’ll all find out in due course. Some speculation surrounds Myles M who openly suggested he was thinking of opening another position. This was over 3 weeks ago. Anyhow if anything it’s likely to be positive for the sp in the longer term. I just think someone is trying to build a position on the cheap and doesn’t wish to alert the MM’s to their intentions as they would endeavour to work a higher price for that stake. Time will tell

Most of the recent buys are flagged UT. This denotes they’re uncrossing trades bought during the several auction periods throughout the trading day. This may imply someone with DMA is building a position as they acquire shares throughout the auction periods. This could be a HNW individual or it could even represent institutional interest as fund managers tend to acquire throughout auction periods to avoid volatility and fluctuations in the sp and to try and conceal their intentions. Whatever the case, there are clear signs that someone is seeking to work a large position in the background. Why might that be the case? Is someone better informed aware of what’s happening in the background? There’s been much recent speculation of unprecedented interest in several facets of this business, any one of which could throw up a material order at a moments notice. The vibes are strong so let’s hope for the benefit of all those patient long term holders that we may finally be on the brink of witnessing something transformational that will place this business on a new trajectory

It doesn't kill the virus and therefore is not comparable with what will shortly be on offer!!

2 large 1 million buys just posted which indicates that someone is building a position

Probably Opti raising funds for one of several large deals that it’s currently negotiating

This provides the strong foundations required upon which the company can propel its growth strategy. The signs are that the company is extremely busy and requires additional working capital to meet the strong demand for its unique range of products. I’m expecting the company to comfortably exceed Allenby’s forecasts for the current FY. Hopefully this is the catalyst which helps to dispel anyone’s concerns regarding adequate finances available to finance future growth and puts to bed once and for all the notion that a dilutive placing is imminent. How many other BOD’s of AIM regulated companies have acted with the professionalism and integrity displayed by our Directors? They have clearly displayed their intentions and nailed their colours to the mast. I’m now looking forward to an exceptional trading performance in the current FY and this should provide the much needed momentum which will help to propel the SP onto another trajectory. Onwards and upwards

Couldn't agree more GLR. Stringent emission and safety standards, coupled with growing digitalization in vehicles will make EVs, connected cars and AVs the key focus areas for automakers in 2020 and beyond. Automakers will need to evolve fast to keep pace with innovation in these areas.

Partnerships, alliances and joint ventures with various stakeholders will be the strategic option adopted by automakers in 2020 looking to save money while keeping pace with the fast-evolving automotive landscape.

The outbreak of coronavirus is causing ad hoc interruptions in the supply chain, with each OEM, plant, and model expected to have different levels of exposure, requiring different countermeasures. The long-term impact of coronavirus on the industry remains uncertain. However, its prolonged spread will have an adverse impact on global automotive sales.

A poster on another forum has raised the issue of future financing directly with the CFO. He has been assured there will be no further placings and that a more creative solution will be adopted when the need for further funds arises. Hopefully, we can now lay this matter to rest.

That's also very interesting HM. Perchance, do you know what the relevance is of the reference to the Application having been withdrawn today? Maybe, the technology has been updated and a new patent is in the process of being filed.

Excellent analysis GLR, well said. At least the sp appears to have withstood today's avalanche when many companies are watching theirs go into freefall. Hopefully that augurs well for the future. When this years financials are formally announced, in the very near future, it will be interesting to see how the market at large reacts especially if they're in line with previous announcement. Also, a positive RNS/statement on the state of other contracts in the pipeline would be most welcome. Confirmation of a material order would be even better. Presumably Allenby's will also be updating their forecasts. Let's hope they can put a bit of gloss on what's happening in the background

New Age owns 75% and SNPC 25%

I believe Marine 111 relates to New Age

Another 1.5m buys suggests something is stirring. Recent announcements by various STAR customers of new products containing STAR components might signify a change in sentiment and some long awaited upward momentum in the sp.

Sadly young Jethro passed away recently so Jed must have been digging on his own. Maybe, that's why it's taking so long to come together

I've been invested for nearly 3 years and have built a sizable shareholding. It's disappointing to see such a low sp but i firmly believe this company is in far better shape than when i commenced to invest and now possesses a suite of products which should deliver good growth and financial returns as it begins to gain traction and momentum.

As a start up company STAR. had limited resources to mount an extensive and expensive marketing campaign. It chose to grow through carefully selected business partnerships and collaboration. This takes time and patience is key.

The business partnerships forged over the last 2/3 years which have been well documented by Riddler and several other lth's have resulted in the development of new products with enhanced features which have placed STAR amongst some of the largest global players within the telematics field and enabled it to reach new markets for its product range.

I believe we're on the cusp of becoming financially profitable which would be a remarkable achievement for a relative newcomer operating in a cut throat business niche which is constantly evolving and developing. I suspect it may be 2020 before we see evidence in the form of a rearating of the sp but live in hope that i'll be proven wrong.

Patience is without doubt the key and those PI's who are prepared to wait will maximise their return upon their investment within the relatively near future , gla.

I wonder if any of today's disposals are influenced by whatever TW said in yesterday's bearcast. Has anyone got an idea what he was prattling on about?

Steve, many thanks for that