Stratech Group

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Dr David Chew was covered by Edge (10 Aug). An extract from Edge describes Dr Chew recounting a team from a major airport in Paris came to Changi Airport to test the iFerret. "A member of the group placed his Omega wristwatch, which costs USD 5000 on the runway after telling Chew that the iferret would not be able to detect it at night. The system immediately identified it on the runway."

Within the article, Dr Chew also joked that the member of the team was lucky not to bet his watch. I bought a copy of Edge. Its a good read. Hopefully, they rise to the "stratosphere" with the new projects incoming.

Its quite insightful. Stratech has good products on their shelves. The next hurdle is sustaining the stream of projects in the pipeline. With new airport contracts, this also spins up new streams of recurring income, though their maintenance contract for the iferret system and also high likelihood of getting a chance to earn additional revenues from upgrading of the iferret from time to time. Entering the first airport is surely difficult. I think they have a good and (seemingly) winning formula to win contracts for Dubai, HK and Miami airports. With these major airports in the resume, the new airport contracts should should be easier to win.

With market cap exceeding 140m sgd, they have risen quite substantially from mere 40m sgd in less than a year.

I did a search on sgx. Seems like the quarterly results still not available. Its interesting to see how the changi airport and HK airport contracts have contributed to the group revenues and earnings.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.

When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.

The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
Reply
(21-05-2015, 09:27 AM)Curiousparty Wrote: Value is in the eye of beholder. Those who bought massively at around 2 to 2.3 cents would have made a big pile and laughing all the way. Those who bought below 2cents might have locked in some profits by now.

I guess for Stratech to continue its momentum, it has to convince the market that it really can continue to secure NEW and BIG contract wins with reputable airports.

http://www.nextinsight.net/index.php/sto...g-with-ceo

CP,

Are you still vested? Any new insights?

The price hit all time high of 9.6 cents. Thats quite remarkable within a short span of time.

Still, I have to agree with your point. The ability to continue to earn the new contracts is quite key to the sustainability of revenues, earnings and price. It seems like their business interests and marketing efforts are stretching to France as well. I'm sure you read the Edge mag already.

Thanks for the kind sharing.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.

When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.

The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
Reply
unless there is some big takeover news coming this counter starting to look more and more like a typical pump and dump...

wah pump finish liao, looks like past couple days the dumping has starting. 2cents here we come.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
Reply
Half a year since my last post on this counter :

[basically you can BUY the story which is kinda getting old....
you can't really buy the fundamentals which honestly still look pretty shoddy.]

So quiet since, just goes to show the bulls on this counter did not buy it for value but speculation and we know who they are now. 

Share price has not crashed down to 2c but now trading around 3c which is only a third of the 9c+ peak. 

enough said.  Angel
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)