What a fall! Previously well above 50p on the hope that their screens would revolutionise advertising....but whilst it looks a good product it requires careful manufacture and the investment has dropped away, it seems ( DYOR!).
However, it's surprising there is no-one interested (here), since Displays (if they become popular) will result in large sales - however, there is an alternative (leaving aside LED which is a bit grainy - although that could change if an led assembly was made to address the "large-screen" market). I don't know the name sadly, but it is being made in the US by someone like Ricoh - not an enormous player, but large enough...sorry don't know what their technology is either......(oops).
My fear with SCT is that the punters have got themselves excited too soon....if fresh funding is needed it will have to be at a discount to the recent 35p-ish....so I guess they'll go about 25p.....and consequently (uunless Directors chip-in) the Market price will follow for a while.
The funding is needed to make a faster manufacturing machine....the technology appears to be OK and they have some displays out on trial....can't say I was over-impressed, but maybe at 25p, it might be a buying opportunity. At recent c.70p I was wary and whilst it is nice to support technology, it can hurt and this has been demonstrated although somewhat unexpected even by a cynic like me!
. If there is a snag it's two: this new technology could eclipse SCT on size -- - since SCT is fixed as a multiple of 15" "laptop" screens, this is a worry as consumers demand larger screens and once the market moves-on SCT could find sourcing expensive...although now that is a distant issue only. Being fixed as a multiple of 15" is fine.....but if the "new tech" screen was just 10% bigger it would beat SCT into a cocked-hat for "attention" and SCT still has a feint "tiling" effect to master. (DYOR, it may be 16").
I don't hold for the reasons stated, but I might at the right price...it's easy to pay too much...I usually do!

think they have to review it in 8 weeks time as that is when the cash runs out!

Its a high risk game here, but if there is some good news in the next few weeks you are right, could 10 bag from here no problems.

Agree.

Level 2 closed at 2 v 1 and real prices closed at 2.06-2.18 pence. IMO we are more less at the bottom with the current mkt capt only reflecting the value of the AIM listing. No value of the business is priced in at these levels. IMO the recent fall has been exaggerated with Schroders selling up and I am still expecting the price to bounce back up strongly to the 5 pence levels even without news as those who were short close their positions buy back stock and on hopes of some orders. If some orders do get announced then 10 pence will come in a flash. Alternatively some outsider could take the company private. High Risk High Reward as things stand!

British Bulls: still a BUY-IF again after today's close.

BUY-IF

2.2500
-0.1300 -5.46


SCT
Screen Technology Group PLC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 21.09.2007 (31) days ago, when the stock price was 8.5000. Since then SCT has fallen -73.53% .

The BUY-IF alert is still valid. A confirmation today however is denied. The pattern is not rejected yet since the day was not a long black candlestick one.

http://www.britishbulls.com/StockPage.asp?CompanyTicker=SCT&MarketTicker=Industrials&TYP=S

Couple of good buys already...50K buy at 2.18 pence and 55,000 buy at 2.25 pence. Online buy price has ticked up and very surprised to see that 50,000 trades reported straightaway. Trades over 3,000 shares were delayed in reporting by 2 hours before. Level 2 is still 2 v 1.

2.00-2.75 pence, up on the offer. L2 is v.postive at 3 v 1 now.

Finally tick up on the bid. 2.25-2.75 pence, Level 2 is 1 v 1.

Looking v.good now with strong volume. 2.50-3.00 pence, Level 2 is 1 v 1. Should see more big gains tomorrow IMO.

Very good volume today and the price is now poised for some good gains during rest of this week. A double bottom formation has completed at 2.30 pence. IMO the price should get to 5-6 pence even without any news in the coming days. Any good news should on funding or sales should propel the share price to double figures. Level 2 closed at 1 v 1 and more importantly LAND have moved of the offer (the MM who had surplus stock). All the other MMs have taken positions above 3 pence on the offer. Chart + indicators are also nicely poised!

After Close Tonight: British Bulls - BUY Confirmed has been a long time coming.

BUY
CONFIRMED

2.7500
+0.5000 +22.22%

SCT
Screen Technology Group PLC
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 21.09.2007 (32) days ago, when the stock price was 8.5000. Since then SCT has fallen -67.65% .

http://www.britishbulls.com/StockPage.asp?CompanyTicker=SCT&MarketTicker=Industrials&TYP=S

These guys should get together with NXT to produce the world's biggest flat display/speaker system.

Level 2 has improved and is 2 v 1 now. IMO should see a good rise today as interest in these continues increasing. Online buy limit has been severely reduced to just 25,000 shares and not many free shares in free float.

2.75-3.25 pence, up on the bid and offer. Level 2 is 1 v 1.

2 MMs have already taken positions on the 3.50 pence offer, and one on 3.75 pence.

Online buy limit has been severley restricted to just 25,000 shares.

3.00-3.25 pence, up on the bid. Level 2 is 1 v 1. IMo gearing up for a big rise today.

3.00-3.50 pence, Level 2 is 1 v 2.

Good buy for 100,000 shares has come through at 3.75 pence. 3.25-3.50 pence.

A few profit takers out already is healthy. Price has held up and IMO sign of futher gains to come.

Healthy volume and buys still trickling through. IMO KBC have a buy order to fill and should see further momentum this afternoon.