hangon
- 09 Mar 2007 12:22
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!
Active
- 24 Oct 2007 08:20
- 56 of 105
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.
Active
- 24 Oct 2007 09:19
- 57 of 105
2.75-3.25 pence, up on the bid and offer. Level 2 is 1 v 1.
Active
- 24 Oct 2007 09:43
- 58 of 105
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.
Active
- 24 Oct 2007 09:47
- 59 of 105
3.00-3.25 pence, up on the bid. Level 2 is 1 v 1. IMo gearing up for a big rise today.
Active
- 24 Oct 2007 09:49
- 60 of 105
3.00-3.50 pence, Level 2 is 1 v 2.
Active
- 24 Oct 2007 10:05
- 61 of 105
Good buy for 100,000 shares has come through at 3.75 pence. 3.25-3.50 pence.
Active
- 24 Oct 2007 10:44
- 62 of 105
A few profit takers out already is healthy. Price has held up and IMO sign of futher gains to come.
Active
- 24 Oct 2007 11:48
- 63 of 105
Healthy volume and buys still trickling through. IMO KBC have a buy order to fill and should see further momentum this afternoon.
Active
- 24 Oct 2007 12:40
- 64 of 105
3.00-3.75 pence, Level 2 is 2 v 3. IMO market makers have taken in enough sells at 3.25 pence and enough buys have come through for further gains. Wouldn't expect the buying price to come down too much. IMO today's rise thus far is just a taster of things to come.
Active
- 24 Oct 2007 13:59
- 65 of 105
3.00-3.50 pence, Level 2 is 1 v 2. Will be interesting to see how low they bring the offer price. IMO the volume has been excellent today and not just a dead cat bounce.
Active
- 24 Oct 2007 15:10
- 66 of 105
Another 200K in sells easily taken. IMO if nothing was brewing then we would have lost all the gains in the face of constant selling.
Active
- 24 Oct 2007 15:52
- 67 of 105
So far taken 600K in sells now at 3.33-3.08 pence today.
-Fundraising would have been to be at 5 pence or higher
-Loan option
-Trade support
-Partner support
-Sales orders
-Taken private
Any of the above may happen. 2.50-3.50 pence, L2 is 4 v 4 though real spread is 2.65-3.25 pence. I'm sticking around for the really big rises in the coming days.
Active
- 24 Oct 2007 16:55
- 68 of 105
Excellent volume today and finished up 9.0% despite it being 758,000 in sells versus 696,000 in buys. IMO expecting interest to build at these levels and should see very good gains in the coming days. High Risk but a possible very High Reward stock.
Active
- 24 Oct 2007 18:11
- 69 of 105
Several sales warnings since beginning of 2007 having only successfully completed a fundraising at 60 pence last December. Now hopeful of achieving significant sales in early 2008. Though as it was pointed out in the results last month that they will be a requirement for new funding in 8 weeks time. This could come through a fundraising at 5 pence which is the nominal value of the shares, a loan, a tie up with a partner or a trade tie-up, or the company could be taken private. Or they could get a big sales order which would eliminate the funding required! Someone could take the company private and put money into it. MTI Partners do hold 50% of the stock and did have the 2012 vision but they may cash in if a reasonable premium is paid on today's price. The directors hold significant amount of stock too! I'm not looking ahead over the next 6 months but at current prices I find these attractive for the next month or so. So how quickly these can rise today and with so free few shares in free float, these could easily be a ten or twenty bagger from current levels. ASG recently enjoyed that ride from the same levels as SCT. IMO a High Risk stock but possibly very Rewarding. I have an immediate target of 5-6 pence where the price had settled on last months results but the fall was severed because of Schroders disposing their holding. All that stock has been mopped up now! Coincidence maybe but an instituition disposed the same amount of stock in ASG at the 1 pence prices only for the price to rise to 28 pence three weeks later. Might be deja-vu for me if SCT comes up trumps!
Active
- 24 Oct 2007 20:30
- 70 of 105
3 Month Chart...highest volume this year today. No resistance until 12 pence...RSI picking up strength from oversold territory and MACD indicator also moving in the right direction!
Active
- 25 Oct 2007 08:50
- 71 of 105
Looking good again and yesterday's sellers will have to pay the same price to get back in. 2.75-3.50 pence, Level 2 is 2 v 2.
Active
- 25 Oct 2007 09:25
- 72 of 105
3.00-3.50 pence, up on the bid. Level 2 is 1 v 2. Hopefully hold on gains today and see rise past yesterday's level.
Active
- 25 Oct 2007 10:24
- 73 of 105
KBC like yesterday have started bidding aggressively for stock. Offering 3.15 pence on the bid.
Level 2 has just improved and is 1 v 1 now from 1 v 2.
Active
- 25 Oct 2007 11:24
- 74 of 105
Level 2 has gone positive at 2 v 1. More controlled rise today and all the sellers out of the way.
Just SCAP on 3.50 pence, then LAND on 3.75 pence, and KBC & WINS on 4.00 pence.
Active
- 25 Oct 2007 13:10
- 75 of 105
KBC still bidding aggressively for stock by offering 3.17 pence on the bid against the indicative bid of 3.00 pence. Same market maker was bidding aggressively for stock yesterday and took in all the sells. Should see rapid rises once over 4 pence IMO.