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

Skids is spot on, the revenues given to SPS are delayed by some time so KR doesn't really know how things are shaping up yet for December and January. In essence, nobody really knows, the move is just small investors trying to second guess the games overall which is a tricky job, if it goes down to 42p then I'm in big style. he management will issue a trading update only if it is significantly different from expectations so assume that they are trading inline or thereabouts and make your mind up on the companies valuation from that point, the choice is yours as an investor, results are about a month away so trading volumes should start to pick up!

In my view the board are mis-managing the investment community and should be much more proactive in updating the analysts and other investors on progress. They seem to be paying this no attention whatsoever and the sp is suffering badly as a result. I agree with being patient but a good company with good results would not allow such a long period to pass without issuing at the very least a trading statement. SP volatility is bad for the long term health of the company and investors view of the risk. If indeed they do have an investor relations strategy then we are seeing precious little evidence of this. I also still believe in the company potential but the silence is deafening (and harmful). Joe

I agree Joe, but if you think back they were making announcements in the press about winning contracts and have just about all the top worldwide service providers signed up. There appeared to be an announcement every other day! I find the comparative quite a concern

joehargan1

SPS is one of those companies that report news in big blocks rather than snippets I'm afraid. I doubt they get bothered by small investors anger at no news. They have their eyes on the big institutions instead!

I'm sure news will come in bucket loads nearer or on results day.

cheers,
skids

joehargan1

SPS is one of those companies that report news in big blocks rather than snippets I'm afraid. I doubt they get bothered by small investors anger at no news. They have their eyes on the big institutions instead!

I'm sure news will come in bucket loads nearer or on results day.

cheers,
skids

Good points both - I just got off a very bumpy flight from Miami so a bit grumpy on seeing the sp this morning. I do think there is a fair bit of healthy cynicism in the market around new contract wins and the proof of the pudding will be the actual revenues which should (barring surprises)be exceptional. SP instability like this is never good and I fear the sp is falling back into a new trading range that discounts all the progress made since the Evolution buy note (with a 58 pence target that was surpassed) started the sustained rally last September. That was without the benefit of the recent licencing deals announced to date in Q1. By all accounts at this level, this is currently a vastly underrated and undevalued stock. I'll keep the faith!

A close source to the company said that SPS did have a cash problem and would come to the market for more money with the results at the end of the month. The good news is the revenue numbers will be excellent, and ahead of forecasts, so this should overshadow the bad news. Saying that i sold 50k this morning at 45p...but will definately get back in on the news release

They had enough cash for at least a year at the last results, if downloads are in line with expectations and revenues are increasing, this would then extend the cash base beyond that. Further, if they had a cash flow problem, I don't think the banks would let them buy the Russian developers, just my view, I don't believe in rumours!

This is not a rumour. wait until the results

the decline continues! come sps give us some good news!!

more red today.

Kivver,

I must admit its dropped further than I thought it would! Doesn't look good, but there hasn't been any news so it could still be people needing cash and dropping out before the results.

skids

i agree, gone from a constant stream of news to nothing. the board needs to get their fingers out.

It's in a closed period, it can't release anything unless it should have a major impact on the SP. Thus, revenues should be in line with expectations and rumours of a fund raising are merely rumours. I can't see the banks letting them buy a developer without sufficient cash at hand!

localsonly - I don't think the banks have anything to do with it - it's the companies money. The price of the Russian developers was peanuts and was mostly in shares. My understanding is that within 6 months it would be cash generative, as these were the same people Superscape had been paying 3rd party rates to for developing most of their titles. Now they pay less for the same work. It was a good deal !

Interesting figures on here

http://www.bizjournals.com/southflorida/stories/2005/03/14/daily16.html

SPS are on the move north now....

http://cgw.pennnet.com/Articles/Article_Display.cfm?Section=OnlineArticles&SubSection=Display&PUBLICATION_ID=18&ARTICLE_ID=223254

Surprised if that Alienware announcement is resposible for todays move.

Spaceman,

I doubt it is the reason either. But I found it on the web, so posted it anyway.

Cheers,
skids

Anyone know when in April the results are due?