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.
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...
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?
BigTed
- 29 Jan 2008 13:28
- 106 of 120
Although welcome news for share holders, the real money was to be made if bought early december, to buy now and beat the spread i'm not certain there will be fantastic gains to be made... do we have any details of expected figure for size of the order, dont forget share price has been diluted from last year when they announced eurocopter deal...
blueface
- 29 Jan 2008 21:02
- 107 of 120
My purchase at under 0.78p before XMas is really looking good- my source says Big contract news expected anyday now!!..roll on SCO upwards and onwards to 20p please!!!
skyhigh
- 30 Jan 2008 08:00
- 108 of 120
and here's the contract news !
It looking good!
Scotty Group PLC
30 January 2008
SCOTTY Group PLC
('SCOTTY' or 'The Company')
SCOTTY Receives 3.2million Order
from Diamond Airborne Sensing GmbH ('Diamond')
Breakthrough Contract Win for Strategic Partnership
SCOTTY Group plc is pleased to announce that it has received an order for six
SCOTTY high tech mission gear solutions from Diamond for installation in
aircraft ordered by the Venezuelan Government. The systems will be integrated in
the DA42 Multi Purpose Platform aircraft and represent the first major award for
SCOTTY's strategic partnership with Diamond.
The contract has a value of 3.2million to SCOTTY, whilst an additional package
for training and maintenance is currently being negotiated. Integration of the
systems will start immediately with delivery of the aircraft scheduled for
summer this year. The aircraft are to be used for law enforcement purposes.
The SCOTTY mission gear allows 'live video' transmission of daylight and thermal
images generated by onboard Polytech Cobalt 350 turret cameras via a dial-up
satellite link. It can also simultaneously provide onboard video recording (and
preprocessing) in high resolution MPEG4 format. These 'video files' can be
downlinked to the SCOTTY ground station equipment with the integrated SCOTTY
'Store & Forward' application.
This high-tech equipment in combination with the fixed-wing DA42 MPP offers a
number of advantages, such as low operating costs, long endurance and quiet
operation that are of great appeal in comparison to the traditional platforms
often deployed for law enforcement missions.
Rt Hon The Lord Trefgarne PC, Chairman of SCOTTY, stated 'We have been doing
some outstanding work with Diamond to create a one stop shop package which could
revolutionise the surveillance capabilities of law enforcement agencies. This
contract is a vindication of that effort and I am confident that this will prove
to be the first of many similar contracts.'