Superscape was founded nearly twenty years ago, and has been dedicated throughout its history to the development of ground-breaking software technology for the creation and delivery of innovative, high quality interactive 3D applications.
Over the years, Superscape has amassed unparalleled expertise and experience in the development of 3D software capable of working within the constraints of limited memory devices, slow processor speeds and strictly controlled file sizes.

Drawing on this knowledge, Superscape has established a world-leading position in the development of industry-standard 3D technology and applications for mobile devices. The company's Swerve technology has been developed specifically for wireless environments in close collaboration with ARM, and comprises a 3D engine (Swerve Client), authoring tools (Swerve Studio) and a broad portfolio of 3D content, with particular emphasis on 3D games. Swerve is being adopted on a global basis by many of the mobile industry's leading players, together with world-renowned content and brand organisations.

Superscape has corporate headquarters in Hook, Hampshire (UK) and San Clemente, California (USA) with regional offices in Tokyo and Sydney. The company is quoted on the London Stock Exchange (LSE: SPS).



Superscape (SPS) has received various tips in the press and by Analysts recently which will certainly give impetous to the share price. Indicators are looking good with the RSI rising off an oversold position and the MACD crossing showing BULLISH signs for the stock.

The mobile gaming market is still in it's infancy but the projected revenue is enormous. Mobile operators are looking at tapping the Gameboy market as they feel that users will not want to carry around a multitude of technology and if they have a mobile phone which can double as a gaming station than people will prefer this option.

People should also look at the recent contracts which SPS have signed for their technology. This is a technology company which could well be a great success in 2004.

Company website

http://www.superscape.com/

Please also check the SPS thread at
www.iii.co.uk

!CHARTS

Thats the worry, is the cash rolling in now, certainly expect it too in the future, but you know what expectation did? i bought closer to 60p so a bit worried having lost a fortune on pet and all the promise that was there but didnt materialise.

Kivver,

Sorry, I didn't release you were in PET (otherwise I wouldn't have used them as an example).

On an SPS front we can only wait and see the results. I believe the Asian figures are the ones to look out for, as we (Europe) don't tend to renew phones or download games quite as often as in Asia.

Rgds,
skids

skids - I reckon the interesting figures will be from Verizon in the US, Vodafone around Europe and China Mobile in, you guessed it, China, in that order. The volume of downloads may be significantly higher in China, but the prices are much lower.

Anyone hoping for an update on figures prior to the results announcement (which I would expect to be in April) are going to be disappointed, I fear. SPS have never given a trading update, and with most of their revenue in the second half coming from sales in December and january, it's unlikely they will have the numbers themselves until end of Feb or even March.

I rang the Hook office last week and asked about a trading update and was told that nothing was scheduled for release until the results in March(end). Are there other figures from other sources that can give us an indication of what we can expect before then? Otherwise it's a rather long wait with an already drifting price.....not ideal from my point of view.

sandrew64, I think you just have to wait, companies do not normally make ad hoc trading updates especially when they have said they wont.

For what its worth I am still with these and have been for some time, like mg they don't owe me much. I am not worried about the current price, however if the price continued downwards below my stop I will be out of them but unless a good reason appears for the downwards moves I would expect to be back in soon.

I would not be surprised if they continue to make announcements of deals although I have no information to confirm this, from the string of announcements already made it would seem they are in a good position.

As always you are the only person that can decide what is right for you.

Good luck.

Cheap as chips!

the drop continues

Yes I am surprised at how far down they have gone, its getting near to my stop and does look a bit more worrying now. It would be nice to know why this drop is happening.

I don't understand this continual selling pressure - nearly all the trades today are sells suggesting were going sub 50p soon. Some director buying might help even if they can't or won't give a trading update.

Well I am not panicing .....yet! The lull while we await news is understandable ( a bit )although I already bought more at 53p thinking they would not go there again.
In a way I would like them to hit 49p because the buyers should flood in , and if they did'nt it would certainly have me for one scratching my head!

IMHO it's lack of trading news/ figures that has caused the slide, especially as several news reports at the weekend predicted the take up rate for 3G in the UK was a nonevent this year, but will be the big thing next Christmas instead.
Having said this, IMHO the fall is a bit overdramatic to say the least, let's face it we know the UK figures aren't really the ones we are waiting for.
I agree with you willfagg, 49p should certainly see some action.I think I'll join the buyers if I'm quick enough!

I've been in these for over a year and have no intention of leaving..... especially as I think it's about to get very interesting! It's just disheartening to watch it drift.

I can't understand all of your panick. Superscape haven't changed, in fact they have signed more deals. So whats causing the drop - people wanting a quick buck are leaving, oh well too bad. Just gives me an opportunity to ADD. The price target was 60p and it hit and exceeded that. Now its down to 50p, but I'm pretty sure when the figures do start to come out it'll be well over 80p (that's just my own opinion).

Someother stocks that I have watched over the last month or so have crashed because of bad news, but that isn't about to happen to SPS. Unless we get some bad news of course.

I staying put until at least just before/after results.

skids

skids its not a matter of panic, but some of us use stop losses, although I am near my exit point I may well be back in, however I wont sit and watch them drift down another 10 pence.

Spaceman,

Sure, I understand that. But its the market we're in at the moment, that no news will make a stock drift down. Especially one that is new or hasn't yet posted real figures for their product/service. SPS haven't really proved to anyone that Swerve will definitely make big bucks yet. The potential is there to see, but the hard figures are still hidden for now. But, that is the gamble, get in before the news.

I use Stop Losses, but enforce them myself rather than setting an automatic stop loss and letting a tree shake take me out.

I honestly believe SPS will be back up this time next week. And by the time the figures come out we should be above 80p. But having said that, I don't think we'll have news until the next results or thereabouts.

skids

Picked up a few more @49.5. Just stake building really. In this for the long haul in my SIPP.

yes the fall below 50p is worrying. my brother spoke to the analyst at evolution arsad malik who said he could not see them going below 50 ahead of the results in feb/march. secondly it is the 100,000+ sellers that are causing the fall and there have been a few this week. But everyone expects the results to be great...dont understand this one

I think SPS is a good one to accumulate on its current weakness. Bought some today...and the sit tight till the results are announced.

hlyeo98

I agree. Although I am surprised its got sub 50 in the last week or so. I suspect all will be quiet until the results come out. Institutions are in, and so am I.

skids

anyone know when the results come out?

march or april I think.