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SCOTTY expects to receive over #2 million (SCO)     

katcenka - 29 Nov 2005 15:59

People got in to early on this one, but now is the time to buy and at a cheap price too 1.75p, read the RNS

* Eurocopter flight trials successfully completed
* Additional German & US military purchases
* Additional working capital secured

SCOTTY Group plc, announces today that Eurocopter Deutschland ("Eurocopter"),
part of the European Aeronautic Defence and Space Company ("EADS"), has
confirmed that the official flight trials of its military helicopters which
contain SCOTTY's CH 53 SATCOM Mission equipment have passed successfully.

During the trials, the equipment was demonstrated to officials from the German
Army. SCOTTY has received positive feedback from the Ministry officials that
attended and can confirm that the project now enters a new phase in which every
effort is being made to speed up the procurement process necessary to finalise
the project and implement delivery.

In order to fund the additional working capital and costs incurred during the 6
week delay to the flight trials for the CH 53 programme, SCOTTY has secured a
convertible loan of #400,000 through a new facility provided by Headstart, with
the possibility for another #400,000 above that. SCOTTY's directors believe that
this facility could be repaid within the 60-day term of the loan if the delivery
programme with Eurocopter proceeds as they anticipate.

In addition to the Eurocopter project, SCOTTY expects to receive over #2 million
before the calendar year-end from the implementation and delivery of a number of
orders previously announced.

These also include the delivery of Euro720,000 worth of equipment including SCOTTY
Mobile Systems, SATCOM equipment and Telemedicine units to the German army in
this quarter. In addition, SCOTTY confirms that the US Army has deployed three
disaster co-ordination teams equipped with SCOTTY's video teleconferencing
equipment to the Gulf Coast states, which were affected by Hurricane Katrina.

Chief of Staff for the First U.S. Army, Col. James Hickey said: "Satellite
communications are often critical in a hurricane's aftermath. One of the things
we learned last year with the series of hurricanes that passed through Florida
was the need for satellite communications,"

"This storm will likely take out some key communications nodes, and cell phones
and landlines may not work for some time," he added.

mattderbyshire - 02 Mar 2006 20:25 - 45 of 120

overvalued even at 1.6p.

Worth 0.5p max.

soul traders - 03 Mar 2006 17:18 - 46 of 120

Andy,

Thanks - I try to be of service :o)

I've just had a closer look at SCO's recent press releases and their final results to 31 July 2005 (which I didn't get a chance to read properly at the time of their release as I was away from home for five weeks around Christmas).

On the plus-side, SCO definitely seems to be making progress with winning customers, and the orders are getting larger too. The downside is still their rate of cash burn and the continuing dilution by issuing new shares to Headstart to raise funds.

It's interesting to see that the current market cap of 13 million more or less reflects the value of net assets on the balance sheet. What's holding the share price back in my view is the (frankly, scary) prospect of Scotty having to issue yet more stock this year to cover another 5 million of losses. That could see another 300 million shares in circulation at today's SP of 1.625p. Improved trading ought to mitigate this somewhat, but there could still be a few years to go before break-even is achieved - and that means further dilution.

My conclusion is that, although the future looks good for the company for as long as Headstart is prepared to carry on investing, I wouldn't expect the SP to be performing any particularly spectacular somersaults for a while. As usual, all IMO/DYOR. I'll be holding on to my modest stake for a while longer, as I think there's enough upside to justify a gradual increase in the SP. I'm 38% down at the moment though.

Big Ted - 04 Mar 2006 12:13 - 47 of 120

Don't forget though, that the reason they are racking up such large losses, is because of their spending on r&d, the videophone orders are picking up, if some new contracts come in from eurocopter, this will go a long way to reducing losses, any more products launched (assuming that is what they are spending all their money developing) will increase turnover further... What i am saying is - last years results looked bad through high spending on the satcom equipment for eurocopter, as that figure decreases and orders come in, the profit/loss for current year could change dramatically...

soul traders - 04 Mar 2006 13:33 - 48 of 120

Good point, Big.

potatohead - 06 Mar 2006 13:46 - 49 of 120

I heard the news is being issued tomorrow.. so I bought some more

robertalexander - 06 Mar 2006 15:33 - 50 of 120

news is out, more dilution anyone else think the sp going anywhere else but south?
still holding att

katcenka - 06 Mar 2006 20:57 - 51 of 120

Eurocopter steps up power while rivals push for top spot

As uprated AS355 and EC135 are launched at Heli-Expo, Bell unveils new competitors

Eurocopter is upgrading its AS355 and EC135 light twins and stepping up production rates as rival manufacturers make a concerted effort to take over the European companys lead in the civil helicopter market.
EUROCOPTER

Eurocopter is to upgrade its EC135 as new rivals emerge



Eurocopter launched the uprated AS355NP and EC135P2i/T2i at last weeks Helicopter Association International Heli-Expo show in Dallas, Texas. Powered by the Turbomeca 1A1, which has a new high-pressure turbine to increase emergency power, the AS355NP has improved single-engine performance.

Deliveries of the AS355NP will begin in April 2007. The improved helicopter will be more suitable for aerial work applications, Eurocopter says, because the uprated main gearbox, taken from the popular AS350B3 turbine single, raises maximum take-off weight with sling load by 200kg (440lb) to 2,800kg, increasing external payload by 20%.

Maximum take-off weight of the EC135 has been increased by 75kg to 2,910kg, Coupled with reductions in empty weight, this increases the useful load by 80-90kg, equivalent to an extra passenger or 100km (55nm) more range. Hot-and-high performance has also been improved. The upgrade was certificated last month and deliveries begin in September.

Bell Helicopters big announcement at Heli-Expo was the launch of its Model 417 light turbine single, a hot-and-high upgrade of the 417 intended to compete with Eurocopters AS350B3 (Flight International, 27 February6 March). The 417 will fly in April, to be followed in the third quarter by the all-new Model 429 light twin, Bells competitor to the EC135.

The main rotor for the 429 was flown for the first time on 28 February. The rotor features composite blades with lower tip speeds and swept tips for reduced noise. Canadian and US certification of the 429 is set for the second half of 2007, followed within 12 months by European approval.

Certification of the Bell/Agusta Aerospace BA609 civil tiltrotor has been pushed back to the first half of 2010, meanwhile

robertalexander - 08 Mar 2006 11:32 - 52 of 120

down again, definitely bought in at the wrong time. in anyones humble opinion do you think these will head north any time soon? would hate to cut my losses and then find it was just the MM's doing a tree shake. new launches and contracts[those mentioned previously] would suggest to me that the shares should go up not down.

soul traders - 08 Mar 2006 11:40 - 53 of 120

It's a patience game, Rob.

And when I see what some of the other stocks tipped on this BB are doing, mine begins to run out . . .

soul traders - 08 Mar 2006 14:12 - 54 of 120

Yep, finally lost it and sold to buy CPNR instead. More risk, more potential reward - just the way I like it.

KEAYDIAN - 13 Mar 2006 22:29 - 55 of 120

Rumour in the city is that the huge eurocopter deal is tomorrow.

Time will tell.

Andy - 13 Mar 2006 23:46 - 56 of 120

keaydian,

There have been so many rumours over the years, so I won't believe it until I can see it.

KEAYDIAN - 14 Mar 2006 08:37 - 57 of 120

You wanna believe it.

robertalexander - 14 Mar 2006 09:21 - 58 of 120

they moved up but profit takers seem to be in the house att. hope they continue northward in the mid - long term

nidefarm - 23 Mar 2006 12:23 - 59 of 120

how much more equity are they likely to pump into the market, seems everytime the shares start to climb they issue more stock and we are back to square one.

robertalexander - 23 Mar 2006 20:38 - 60 of 120

not sure i jumped ship when i made my money back and a v. small profit, they were a bit too volatile for me. thought i had made an error of judgement selling as they went up further the following day but just southwards after that so i count myself lucky.

driver - 11 Apr 2006 14:32 - 61 of 120

Got on board these last week, looking cheap to me I will be topping up.

EMS SATCOM Grows Business in Europe With SCOTTY Group plc Contract

Monday April 10, 11:11 am ET

Eurocopter Selects eNfusion HSD-128 High-Speed Data Terminal to Deliver Real-Time Video Capabilities to German Army CH53 Helicopters

OTTAWA, April 10, 2006 (PRIMEZONE) -- EMS SATCOM, a division of EMS Technologies Inc. (NasdaqNM:ELMG - News), reported today that Eurocopter Deutschland (``Eurocopter''), part of the European Aeronautic Defense and Space Company (``EADS''), has selected the EMS SATCOM eNfusion(tm) HSD-128 high-speed data terminal as part of a communications solution developed by SCOTTY Group plc (``SCOTTY'') that will provide real-time tactical video transmission, videoconferencing and high-speed internet capabilities to German Army CH53 helicopters.

``This contract is a key milestone for our burgeoning business in Europe,'' said Neil Mackay, Senior Vice President and General Manager of EMS SATCOM. ``Working with SCOTTY, we have demonstrated that our eNfusion satellite-based communications systems are robust, key enablers for the German Army's CH-53 helicopters and their missions. We've seen that the demand, particularly from military programs, for these capabilities on mobile platforms continue to rise.''

The communications solution on board the German Army CH-53G helicopter is the result of a tri-lateral project, initiated and led by SCOTTY. Integrated by Eurocopter, the system consists of SCOTTY's video and data communication equipment, and EMS SATCOM's eNfusion system: HSD-128 high-speed data terminal, and Helicom -- AMT-50 high-gain antenna and customized radome. Installed and tested on the CH53-G helicopter in September of 2005, the solution delivers key capabilities to aircraft that previously only had access to high-frequency radio communications. The system's live in-flight tactical video imagery, videoconferencing, and high-speed Internet capabilities securely accessible around the globe and wherever the aircraft happens to be, provide substantial tactical and communications advantages.

``With real-time video capability that performs through even the most strenuous flight maneuvers, the German Army is now equipped with a critical resource, one that is well-suited to increasing operational effectiveness and situational awareness,'' noted Stephen Newell, Director of Military and Government Sales for EMS SATCOM. ``Our systems are upgradeable, SwiftBroadband-ready and deliver what our customers demand -- bandwidth.''

Kurt Kerschat, CEO of SCOTTY Group plc, said: ``This collaboration has produced an incredibly robust system. It meets the complex in-flight requirements of our customers, and we are pleased to have EMS SATCOM's equipment as part of this critical system.''

``The added communications capability opens a new perspective in the fulfillment of missions beyond line-of-sight,'' said Thilo Lees, Program Manager at Eurocopter. ``We see this equipment as the future basis for every kind of aircraft. In terms of connectivity it is the only system providing reliable out-of-area connections; real accessibility is no longer a dream.''

About SCOTTY Group plc

SCOTTY Group plc (NYSE:SCO - News) provides integrated communication solutions for video, audio and data transmission over any kind of network. SCOTTY combines years of experience in the design and development of visual communications technology and products with a deep understanding of customer requirements. This enables SCOTTY to tailor individual communication packages to a customer's specific needs.

SCOTTY has subsidiaries in the United States of America, in United Kingdom, Austria, the Philippines and China.

driver - 13 Apr 2006 20:04 - 62 of 120

http://www.scottygroup.com/

TERMINATION OF HEADSTART LOAN

Our business is now on a sound footing for expansion; the directors anticipate an early broadening of the customer base, and the outlook remains encouraging, both in the short and in the longer term.'

http://moneyam.uk-wire.com/cgi-bin/articles/200604130700324792B.html

TheMaster - 27 Apr 2006 15:23 - 63 of 120

Driver - Interim results due out tomorrow, sp must be going to rise?

driver - 27 Apr 2006 15:26 - 64 of 120

TheMaster
Cheers
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