Stratech Group

[Curiousparty]

many tks.

Yes, I reproduced the revenue info gathered on the Dubai airport to answer your answer on the likely FY2014 performance (i.e. to be reported soon in end May 2015).

Listed since 2004, ten years liao, bo dividend and keep asking for money. 4 rights issue every 2-3 years. Yesterday kana SGX query on trading volume spike. Will it have some more rights issue again? sell cheap cheap to SIA company can liao lah.

Fundamentals looks like an S-chip leh.

waste of time.

iFerret got FAA endorsement and buy American waiver in 2012. Since then it have secured three contracts: Dubai, USAF, HKIA. Its test beds are at Changi Airport (2008) and Chicago O'Hare (2009). On going negotiation includes quite a few airports. Should see revenues spike up in 2016 reporting season.

so since 2012 only managed to get 3 contracts? one contract a year is it big contract? system if so good how come so few contract?

which are the airports ongoing negotiation, any details?

revenue spike in 2016? what they building? need 2 years to "t.o.p" like property ah?

last quarter loss more than revenue on SGX watchlist. How much longer it will get delisted? can it afford to be loss making till 2016?

This year's reporting season should include full revenue from Dubai, upgrade of iFerret at Changi, 59 iVACs installed in the ME and possibly part of revenue from HKIA. Stratech should be in the black and out of watchlist.

2015 will be a defining year for Stratech