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!
trader6
- 06 Nov 2007 19:11
- 97 of 105
Pump and dump round 2 by active or chancer from advfn !
Active
- 06 Nov 2007 19:19
- 98 of 105
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
Active
- 07 Nov 2007 06:22
- 99 of 105
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
hangon
- 19 Nov 2007 12:52
- 100 of 105
The way I see it is that nearly 2/3ds of the new loan is already spoken-for by way of existing 333k debt. SO the ann. really only adds a small amount 200k to an already-extended loan.
The snag with loans is that they are No-1 in the list of creditors ( investors are No 99), so it's possible SCT could be taken out by shearline. Does anyone else read the ann. this way?
The comments about increased sales ( at Itrans-equip Stores), may be styatistically correct - but is it because of the screen . . . . and wouldn't the smaller screen have made the same impact - unless there was a larger rival across the road?
I suspect any "increased sales" were due to the location of the store and that folks didn't just pass-by....only to rush-in a buy said album, - as a result of seeing a large TV in the window.
Grief, what kind of dumb-customers does VM think they are serving?
hangon
- 14 Dec 2007 14:42
- 101 of 105
Just a note that this has fallen further, this looks worse than "Bad Retail Markets" - so I suspect this Co. is going down the tubes.......arrgh!
Incidently, the posted-photos (this thread) show what is wrong with their Screens IMHO - they are less eye-catching than the rest of the Window... or, is that my cynical-eye..?
hangon
- 08 Feb 2008 16:12
- 102 of 105
1.5 - 2p ( that's down 17% today- ouch.)- yet not a peep from the Co.
hangon
- 23 May 2008 15:55
- 103 of 105
23-05-08
Down 23% to "practically nothing"
This is in-line with an OPen-offer and placing....(about 1 for 2 ), obviously this puts a new-level on the sp.
G_R_I_E_F
- this is unlikley to show much value to long-term holders.
Indeed I wonder with energy-consumption soon being a "big issue" whether this technology will look very good.
The "new alternative" is Orgainic LED - which promises much larger screen sizes ( esp. for advertising) - it remains to be seen if the quality of colour is up to SCT......but I have doubts SCT really can deliver what consumers want: Leaving SCT is a small-pool that's rapidly drying up.
Bargepoles . . .IMHO.
+ Any other views?
hangon
- 11 Jun 2008 19:51
- 104 of 105
11 June08
a paltry 150-worth (Sold) manages to drop the sp by 14%
Are MM's feeling exposed?
Today 0.5p - - 1p = quite a Spread.
hangon
- 24 Jun 2008 18:37
- 105 of 105
some redemption about - yet just 3k6 has raised the sp 30% - this is not serious.
EDIT : 18Sept08.120k Sells drops price 16% -( no buys) - this is the last throes, IMHO.
Spread is 0.5p - 0.75p - that's a long way from 75p a few years ago.