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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.

skyhigh - 04 Dec 2007 10:00 - 86 of 120

bought in a few weeks ago. invested a small amount just for fun... has gone down a bit more since then...but may buy a few more..could be an interesting 2008 ?!

cynic - 04 Dec 2007 10:25 - 87 of 120

another mini-minnow that threatened to do great things but, as so often or even as usual, failed to live up to expectations ...... chart tells the story

Chart.aspx?Provider=EODIntra&Code=SCO&Si

driver - 04 Dec 2007 10:28 - 88 of 120

There's always a bottom.

BigTed - 04 Dec 2007 10:30 - 89 of 120

Funny, its only half hour ago, i checked the current price, as this WAS one of my old fave's, having sold all holding earlier on in the year for around 1.4p...

driver - 04 Dec 2007 10:38 - 90 of 120

I was also on these for a short while and got out at a small lose; the sp does look very low thats with out checking whats been going on with the company and remembering the great expectations the punters had for it.

cynic - 04 Dec 2007 10:52 - 91 of 120

time for that rusty car analogy i think!

blueface - 04 Dec 2007 14:48 - 92 of 120

I believe the Black Prince ( nee..Colin Blackbourn)still holds over 60million sco shares...bght at much much higher prices!...he is apparently still confident we shall see at least 3-4p at some point in future!..personally my average price is alot higher but maybe one day as they say..at these levels I am certainly tempted but would prefer some reassurance that there will be no further fund raising at even lower levels than this!!...hence I rate sco at these levels as a speculative BUY!

cynic - 04 Dec 2007 14:53 - 93 of 120

no you don't! ..... you would just like to see other mug punters suckered in to this pretty flakey outfit in the hope that it will provoke some unwarranted upward activity ..... the stock does not quite warrant an unequivocal AVOID, but it sure as hell is not a good place for your money

Balerboy - 04 Dec 2007 22:27 - 94 of 120

Cynic, I think you live up to your name well, and probably the only one that tells it as it is. Have followed your posts on SEO board but unfortunately not close enough to get out in time. I'm probably mistaken but you give us amatures what seems an honest opinion, please keep posting. My average is .09p so I got a long way to go, will be old and grey before then but lets keep hoping.

blueface - 14 Dec 2007 11:27 - 95 of 120

Well, at least three of SCO's directors have taken my hunch on 4/12/07 and bght some shares yesterday...any further comment from cynic-04/1207-14.53-93of 94- I gather Hoodless have also brought out a positive note forecasting profits of @£600,000 & £900,000 year after with no need for any further fund raising!..I have bght at 0.78p since my last posting on 4/12/07 and I am confident that SCO will be an excellent recovery play over next 6/9 months!..

skyhigh - 14 Dec 2007 12:13 - 96 of 120

I bought in at 0.93p a few weeks ago... tempted to go for some more ! however, if you look at the chart above the trend is still down... I'm not sure the sp has bottomed out yet ?

capetown - 28 Dec 2007 13:41 - 97 of 120

Blimey,beam me up scotty!!!

britshare - 29 Jan 2008 11:00 - 98 of 120

SCO is about to announce a major contract. Will double from here!

skyhigh - 29 Jan 2008 12:01 - 99 of 120

Sounds good ! bring it on !

britshare - 29 Jan 2008 12:31 - 100 of 120

Hold on to your hat sky. We're about to go vertical.

skyhigh - 29 Jan 2008 12:36 - 101 of 120

which way ? up or...down ?
Whens the news coming ?

britshare - 29 Jan 2008 12:43 - 102 of 120

UP of course.

The news has already leaked here:


http://www.diamond-sensing.com/news_detail1+M54a88960790.html


Expecting an RNS with financial details soon.

cynic - 29 Jan 2008 12:56 - 103 of 120

and sp rockets(!) 0.12p with a spread on same of 0.15p .... impressive!

britshare - 29 Jan 2008 13:05 - 104 of 120

I guess your name suits you.

cynic - 29 Jan 2008 13:26 - 105 of 120

was anything i wrote inaccurate or is it that you didn't like the plain truth put in front of you?
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