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!

A good 20% rise today on strong buying volume with nearly 700,000 in buys including some good late buys at 4 pence near the close. New buyers today at 3.25-4.00 pence prices and with all the profit takers out yesterday bodes well. IMO should see good rise again tomorrow as one of the market makers (KBC) continues bidding aggressively for stock. It seems there is more to the interest than meets the eye and could get one those big rises on breakout on the chart. The price will rise v.fast once it crosses the upper bollinger band IMO. It's nearly there!

ITrans Screen on display in Virgin Megastore in Picaddilly:



My favourite ITrans screen in the Virgin Megastore in Piccadilly just got bigger - its now double the size it was previously.

The great thing with these ITrans screens is that you can easily tile them and make them any size and shape you like. I still havent seen any really innovative shapes with this yet but you get the picture that you can quite easily create 12 and 16 sheet (and larger).

http://www.dailydooh.com/archives/375

looking really good. Level 2 is 1 v 1. Expecting rise to 5-6 pence today.

going nicely, well done, Active

Thanks notlob. My 5 pence target was reached which I predicted without news and so fair value at. I closed my position at 4.40 pence earlier today having bought in at 2.33 pence . Couldn't get 5 pence as I was away from my screen. Will have a look at these again when any news comes. A 115% rise this week!

.

still looking good, on the way up.

I think advfn bulletin board demonstrates the lengths some of these rampers will
go to.

Active or chancer6 as he is known on advfn has created another username called
Accendo and is using that name to deramp Sct and ramp Mdz.

No surprises there.

we hit the six

Gosh, another rise here. As I said I'm out. Made a bit on EEL today and MDZ is looking good for a 50% tops rise from current levels IMO. Good Luck with these.

news out.

a rise up.hope we have take off now. good luck.

a lot of buying now,

Screen Technology New loan facility

RNS Number:0757H
Screen Technology Group plc
06 November 2007



Screen Technology Group plc

Loan and Trading Agreement with Shearline Precision Engineering Limited



Screen Technology Group plc ("Screen Technology" or the "Company") announces
that it has entered into a Loan and Trading Agreement (the "Agreement") with
Shearline Precision Engineering Limited ("Shearline"). The agreement underpins a
key strategic relationship with Shearline and provides the Company with #500,000
of working capital funding.



Shearline is an established strategic partner based in Ely which manufactures
iTrans tiles and modules on behalf of Screen Technology. Under the terms of the
Agreement Shearline will provide Screen Technology with a loan of up to
#500,000, repayable in equal instalments over 60 months, to fund the Company's
existing debt of #333,694 from Shearline and to fund further manufacturing and
development costs. The loan bears interest at a variable commercial rate, can be
repaid without penalty at any time and is secured by way of debenture on the
Company's intellectual property. This security will be released on repayment of
the loan. Shearline have also been granted warrants over 1,000,000 Ordinary
Shares, representing approximately 2.8 per cent of the current issued share
capital, exercisable at a subscription price of 5p per share at any time until
November 2012.



Peter Smyth, non-executive Chairman said:

"We are delighted with this further strengthening of our relationship with
Shearline which also provides us with significant additional financial
resources."





Enquiries:


Screen Technology Group plc 01223 559600
Thomas Jarman, CEO

Charles Stanley Securities 020 7149 6000
(Nominated Adviser)
Russell Cook
Henry Fitzgerald O'Connor


This information is provided by RNS
The company news service from the London Stock Exchange
END

Back in with 50,000 shares at 4.75 pence this morning. Price developing into a nice uptrend now with no resistance until 12 pence. Very hard to buy in quantity and the market makers have started charging premium for stock. Its only heading one way...UP! You don't throw 500K at something unless you are not privy to something IMO.

Sharecast:

Screen seals 0.5m Shearline loan

LONDON (SHARECAST) - Large screen display maker Screen Technology recorded gains Tuesday on news it has entered into a 0.5m loan and trading agreement with Shearline Precision Engineering

The agreement underpins a key strategic relationship with Shearline and provides the company with 500,000 of working capital funding, it said.

Shearline, an established strategic partner which makes iTrans tiles and modules on behalf of Screen, will receive repayments in equal instalments over 60 months.

The money will fund the Screen's existing debt of 333,694 from Shearline and help cover further manufacturing and development costs.

We are delighted with this further strengthening of our relationship with Shearline which also provides us with significant additional financial resources, said non-executive chairman Peter Smyth.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=1724708

Posted on the website in the past week:

October 2007
ITrans Modular Hits the High Street
ITrans Modular, the revolutionary building block display system from Screen Technology, has hit the high street with its first installation at Virgin Megastore, Piccadilly.

A 91 screen has replaced the 62 system in the window on Piccadilly Circus providing an even more eye-catching and captivating display. The screen was assembled on site by clipping together 6 ITrans modules in a 3 by 2 array, giving a screen area of 2.14m, doubling the size of the original screen.

The ITrans and Virgin Megastore venture has already proved to be successful with the 62 screens, giving significantly increased sales at stores where the screens are located (Avril Lavignes latest album sold 43% more copies in stores with the ITrans technology).

The screen shows advertising content for the latest products sold within the Virgin Megastores, as well as up to date entertainment news on a scroll bar along the bottom this is a feature that has now been applied to the other ITrans screens in the Virgin Megastores network.

The ITrans Modular technology is particularly suited to this kind of environment because as well as being daylight viewable and high resolution like its fixed format predecessor, it can be assembled into any shape or size from the 34 ITrans video-cubes making it ideal for large or small shop windows of just about any shape.

Tom Jarman, CEO of Screen Technology, commented: We are thrilled to have moved onto the next step with Virgin Megastore and installed an ITrans Modular screen. We believe that ITrans Modular is ideal for retail locations as it provides all the qualities that high street digital signage needs brightness, high resolution and large size scalability.



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

Pump and dump round 2 by active or chancer from advfn !

After Close Tonight: British Bulls. They were right with they previous BUY recommendation at 2.25 pence.

BUY-IF

5.2500
+1.1200 +27.12%

Screen Technology Group PLC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 31.10.2007 (6) days ago, when the stock price was 5.1300. Since then SCT has gained 2.34% .

A bullish pattern has developed and a BUY-IF alert is issued today.

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

Independent Newspaper:

Among the top performers was Screen Technologies, which rose 27.27 per cent to 5.25p after it secured a loan that provides it with 500,000 of working capital. It will use the loan to fund existing debt and manufacturing and development costs.

http://news.independent.co.uk/business/analysis_and_features/article3135402.ece