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!

5p today, this doen't look good....far worse than I could have imagined.

( Quote 10 Aug07): Oh dear....and how many have they sold? It really is sad to see a technology being mis-managed, but that's what itr looks like...

Really bad that we punters are so easily destroyed, by inept management.

3 * 107,296 shares buys at 2.33 pence today. Each time totalling 2500. One other buy for 106,382 shares at 2.35 pence also totalling 2500.

Someone could have had a buy order for 10,000 pounds worth of shares. Would be some coincidence if all four 2500 buys were just retail investors taking a punt with the same amount.

Level 2 closed positive at 2 v 1 with just LAND still on 2.50 pence on the offer. KBC are ready with 4.25 pence, WINS with 3.25 pence and SCAP with 3.00 pence on the offer. WINS and KBC were bidding for 100K + shares which is very encouraging.

After Close Tonight: BritishBulls

BUY-IF

2.3800
0.0000 0.00

Screen Technology Group PLC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 21.09.2007 (17) days ago, when the stock price was 8.5000. Since then SCT has fallen -72.00% .

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

Major Shareholders:

12-01-2007 Thomas Swan 5,807,951 16.54%
01-12-2006 Herald Investment Trust 1,837,300 5.20%
01-12-2006 MTI Partners 17,554,484 50.00%
01-12-2006 Schroder Investment Management Limited 2,087,300 5.90%

35 million shares in issue of which 27.20 million shares are in the hands of major shareholders. I would expect the venture capitalist (MTI Partners) backing to continue having acquired their 50% holding at 40-60 pence prices. Also, Mr Swans's individual holding was also acquired at those prices.

October 2007
ITrans performs under the spotlight at NPL

One of the most compelling claims made by Screen Technology is that their unique ITrans display technology is fully viewable in bright sun or artificial light. This claim has now been verified to the demanding standards of the National Physical Laboratory (NPL) after a number of tests were carried out on brightness and contrast levels.

An ITrans 62 screen underwent four days of vigorous testing by the highly regarded independent standards and test house in Teddington, Middlesex. The results concluded that even under the extreme test of 110,000 lux, equivalent to a bright day in the Sahara, the screen still gave excellent image colour, brightness and contrast and so remained fully viewable.

ITrans achieves this impressive performance through the combination of two key features high brightness and sunlight rejection technology.

Carefully designed backlights give 2000 cd/m of illumination, whilst the unique ITrans tile gives the display its unique sunlight rejection qualities. Each ITrans fibre throws the desired image light forward, however undesirable sunlight which hits the front face at an angle is steered away into contrast enhancing strips before it hits the underlying LCD panel. LCDs without an ITrans tile would suffer from surface reflections, significant loss of contrast (so called wash out) and in extreme cases the energy from the sunlight can cause the LCD panel to black out completely. Only with ITrans sunlight rejection technology can these problems be avoided.

http://www.screentechnology.com/NPL.php

September 2007
ITrans Display Technology Significantly Boosts Sales at Virgin Megastores

Digital displays incorporating a new way of delivering video called ITrans have been used by Virgin Megastores in London and Glasgow to boost sales of Avril Lavignes latest CD The Best Damn Thing.

Over a two week campaign in both London and Glasgow, sales comparisons were made between ITrans enabled stores and their non-screen counterparts.

The Megastores in Piccadilly Circus London and Glasgow Buchanan Street outperformed their closest Megastores without digital displays in Oxford Street and Argyll Street by 43% and 37%* respectively.

The ITrans project, which uses 62 ITrans digital displays, has been running in key Virgin Megastores in the UK since 2006, other sites include Birmingham Bull Ring and Manchester Arndale Centre.

The sunlight readable ITrans screens are particularly suited to retail locations because they can perform in bright shop windows which means that the image is always clear and viewable something which other display technologies struggle to offer.

Not only do the screens deliver pin sharp images with intense colour saturation, but they can also be seen in bright sunlight, close up and at an angle making them ideal for creating arresting window displays, particularly in high footfall retail environments.

Commenting, Tom Jarman, CEO of Screen Technology which developed ITrans said: ITrans displays open up a whole new opportunity for retail theatre by combining high quality images, impressive colour definition and true daylight viewing a combination other technologies simply cannot match.

These screens really do make shoppers stop in their tracks and, as the figures show, generate sales. The end result is a clear competitive advantage.

* Source: Virgin Megastore EPOS Data

http://www.screentechnology.com/VirginSales.php

September 2007
SCREEN TECHNOLOGY UNVEILS 200" ITRANS SUPER SCREEN

The latest development in the unique ITrans Modular technology is an impressive 200 diagonal screen.

Built using 24 ITrans Modules this screen shows the true flexibility of ITrans technology, not only when it comes to size but also in terms of brightness, resolution and close up viewing quality.

The 200 screen works like any other ITrans system it is viewable in sunlight, it has full video quality and can be used for a variety of applications this is the beauty of ITrans.

ITrans Modular technology works by using a 34 diagonal cube made from 4 ITrans tiles which can then be stacked together to make displays in a variety of sizes and shapes (vertical or horizontal). ITrans also offers in excess of ten times the resolution of the comparably priced 6mm LED alternative.

The Company takes great pride in what is a milestone for the displays industry, a breakthrough for size, brightness and resolution combination and needs to be seen to be truly appreciated.

CEO of Screen Technology, Tom Jarman, comments, We are thrilled to have created a genuine and compelling world first in large displays, which has made a real impact on the industry today.

Never before has a screen which is sunlight readable, viewable near or far and available in such large, or small, sizes been available. We see a huge market for this breakthrough technology, especially as all industries continue to demand more from digital signage.

The screen has been showcased to leading industry players in display hardware, advertising, key end users, analysts and investors, with a very positive response. The Company is currently signing up partners, at both OEM and distribution level and has further demonstrations and open days arranged.

To see ITrans Modular technology for yourself please contact the sales team at Screen Technology for a demonstration.

http://www.screentechnology.com/ITransSuperScreen.php

Level 2 is positive at 2 v 1 with just LAND still on the 2.50 pence offer. All trades delayed in reporting by 2 hours. A few buys have come through again building from yesterday at prices of 2.33-2.50 pence.

2.25-2.75 pence, up on the offer. Level 2 is still positive at 2 v 1. IMO bottom has happened and should see some rises in coming days. Delayed buys should come through in 2 hours!

2.50-2.75 pence, L2 is 1 v 1, up on the bid.

Level 2 has improved and is 2 v 1 now. WINS joined KBC on the bid. Fair few delayed buys should be coming in 2 hours!

Good size buy for 200,000 shares has come through at 2.33 pence from two hours ago. That's what moved LAND to move up to the 2.75 pence offer.

Someone on iii has stated that one can only buy 5,000 shares online now. Very interesting that and could hint at a large acquirer at these prices.

Good volume today. L2 closed positive at 2 v 1. May see good rises in the coming days IMO.

The Venture Capital firm MTI Partners look set to be in for the long haul (they've mentioned the 2012 Olympics in August 2005 which is a few years away yet) and should provide additional funding through to the year end and the company should be able to support itself next year with strong sales intended as announced. They have backed the company so far with millions at the 50-60 pence prices and holding just under a 50% stake. The below comment was from MTI Partners when the AIM Admission happened in August 2005.

Ernie Richardson, Chief Executive of MTI Partners, said :

"MTI is delighted to be able to continue to support Screen Technology. The
Company is one of a number of investments in our portfolio with the potential
to offer exceptional returns. The markets for high performance displays are
immense, with endless opportunities such as the 2012 Olympics on the horizon.
ITrans(R) has the potential to make a very substantial impact. This funding
provides the resources to scale up production to meet that demand and produce a
very exciting growth company. We congratulate the Screen Technology team on
their achievement in bringing this compelling technology to market."

Ernie Richardson has got a place on the board of Screen Technology. That is good and will ensure that the correct steps are taken to take the company forward.



Developer of large high resolution displays

Screen Technology is a developer of technology for large displays. The companys technology is designed to enable the manufacture of scalable large-screen video displays of a 40-inch diagonal or greater. More specifically, the companys technology is tiled to create a seamless image, is based on low cost LCD panels, and enables bigger continuous display surfaces than any direct view technology.

Ernie Richardson serves as a member of the companys board of directors.

http://www.mtifirms.com/Portfolio_Technology.aspx

August 2007SCREEN TECHNOLOGY's Italian manufacturing partner, Hantarex, has created a world first - a 1.7mm pixel pitch, modular display

THEY SAID THIS COULDNT BE DONE!

This cant be done unless you are using ITrans from Screen Technology. Italian manufacturing partner, Hantarex, has created a world first - a 1.7mm pixel pitch, modular display offering unparalleled resolution, even close up, which is sunlight viewable (including full video) and completely scaleable.



The display pictured is configured at 125" but because it is completely scaleable you can achieve almost any shape or size you like. ITrans offers unparalleled resolution and yet is significantly more competitive than the latest LED equivalent.

Pictured is Tom Jarman (left), CEO of Screen Technology and Giacomo Taffelli, President of Hantarex.

MTI can invest at any stage of a companys growth cycle, and across all geographies. Its typical investment over the life of a portfolio company is 5m/$10m, an amount that is multiplied by our ability to lead a syndicate.

---------------------------------------------------------------------------------

IMO the above is another piece of encouraging news.

http://www.mtifirms.com/ourbusiness.aspx

Also encouraging that Tom Jarman (CEO of SCT) is a senior partner in MTI Partners.

Tom Jarman
Chief Executive Officer

Tom Jarman was appointed as CEO in April 2006. Tom is a Senior Partner at MTI, a leading early stage technology VC, who has been a long time investor in Screen Technology. Tom has been actively involved with Screen Technology as a Non-Executive Director since 2001 and is now dedicated full time to the business as CEO.


Tom qualified as a Chartered Engineer from Oxford and Cambridge Universities, and then spent ten years with Renishaw Metrology where he was responsible for introducing breakthrough optical and electro-mechanical products to world markets. His career has included spells as Development, Sales and Marketing Directors with various international technology businesses. Prior to joining MTI as a Venture Capitalist he was Managing Director of a leading retail technology business where he led substantial growth and returns for its venture capital backers.

Looking good. 2.50-3.00 pence, up on the offer. Level 2 is 2 v 2.