Asia Resources Share Discussion Threads

[knowing] 23/5/2005 13:42

Quiet now.

[knowing] 18/5/2005 15:54

I agree fully but it does show the potential that the company has and that they are respected as they are rubbing shoulders with the likes of Siemens and Thales !

[boadicea] 18/5/2005 09:02

...yes, but what we all want to know (including their FD, I suspect) is -
(a) Will they get paid for them? and
(b) When?

[knowing] 17/5/2005 23:19

How many new contracts ?

Overseas, Avionic Services is currently involved with modernisation of Kotoka International Airport at Accra in Ghana including radar, navaids and communication coverage throughout the Accra FIR. We are acting as the Siemens project manager for the supply and installation of navigation, communication and ATC equipment for the upgrade of Addis Ababa International Airport and five regional airports in Ethiopia. We have recently completed the installation and commissioning of 3 DMEs in Colombia for Fernau Avionics Ltd. Our engineers are also installing 5 DVOR/DMEs for Thales Navaids (Airsys) in Portugal and a further one in Romania.

[knowing] 17/5/2005 15:43

No comments then ? Quite alot of potentially new contracts ?

[knowing] 17/5/2005 12:55

I have not previously seen that.

Very interesting.

[gruffly bear] 17/5/2005 12:53

knowing - had a look at the website - is there something there to look for?

I found this:

RECENT EXPERIENCE

As a consultancy we are the recognised specialists for a number of large Airport Consulting Engineers such as Scott Wilson, Sir William Halcrow & Partners, WS Atkins and Sir Frederick Snow & Partners. Our services range from preliminary investigation and definition to equipment specification and design. Sophisticated computer modelling techniques are used to simulate navigational aids, such as ILS and VOR, to assist in the surveying and selection of sites. Recent ILS simulation studies in the UK include airports such as Liverpool, Isle of Man (offset Localiser), Belfast City, Manchester, Southampton, Coventry, East Midlands, Plymouth, Prestwick, Bristol International, BAe Systems Filton and BAe Systems (Airbus) Hawarden.

Overseas, Avionic Services is currently involved with modernisation of Kotoka International Airport at Accra in Ghana including radar, navaids and communication coverage throughout the Accra FIR. We are acting as the Siemens project manager for the supply and installation of navigation, communication and ATC equipment for the upgrade of Addis Ababa International Airport and five regional airports in Ethiopia. We have recently completed the installation and commissioning of 3 DMEs in Colombia for Fernau Avionics Ltd. Our engineers are also installing 5 DVOR/DMEs for Thales Navaids (Airsys) in Portugal and a further one in Romania.

[knowing] 17/5/2005 12:24

Checked the website ?

[gantenbrink] 17/5/2005 10:28

2nd highest gainer of the day at the moment. I'd like to think that there was a bit of positive news on it's way and yet they have only moved the offer not the bid. Then again people are selling at that level so why should they until there's a bit of buying. It's a gamble at the moment.

[miamigo] 17/5/2005 09:37

I was about to sell these this week. I wonder if its worth hanging around for a bit?

[knowing] 17/5/2005 09:27

That's possible.

[miamigo] 17/5/2005 09:05

Maybe payment on one of the contracts is coming.

[knowing] 17/5/2005 08:44

No idea have to wait and watch.

[bantam175] 17/5/2005 08:01

Why the sudden surge this morning on no volume?

Annoucement imminent?

[jda] 16/5/2005 13:51

Reason appears to be 1 million sale at 0.625p.
Alistair re my earlier comment. These days with technology the way it is I would rather see shares trading on the true spread that a fictious one, it does not mislead anyone.Yes it dropped on the buy price shown on screen but that was the price you paid for them anyhow so truth is no drop.

[alistair richmond] 16/5/2005 13:28

You find that interesting, re true spread?? Fact is it dropped again.. can"t see much upside, then again its a strange world we live in!

[jda] 16/5/2005 12:44

Interesting that it has dropped to a true spread

[knowing] 15/5/2005 22:56

Or another for the double bagger portfolio

[knowing] 13/5/2005 23:31

LB deramper. Just seen you on the PMD thread.

[lord butterstock] 13/5/2005 22:51

Oh dear...

Another one for the bin perhaps?

[knowing] 13/5/2005 22:16

Talk about buying but don't ?

[zooter11] 13/5/2005 16:25

Your right ruby2 you got to have a bit of fun. If i bomb out i covered with the rise in GBG. If i win it will only be a couple of hundred but a lot of satisfaction. Its a day at the races.

[ruby2] 13/5/2005 10:54

have done-tfc 11p seg50p fto2p ult.8p-------its risky but fun!

[jeffian] 13/5/2005 10:50

Well that's an interesting call, ruby2. So you looked at the chart, read the trading statement of a few days ago saying they would need to raise more working capital, considered the delayed contracts and the possibility of them running out of cash and decided these were 'buy' signals?! Now I know what 'contrarian investing' means. Do you play Russian Roulette in your spare time?

8-)

Regards, Ian

[ruby2] 13/5/2005 09:25

Im up for a few more.