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Scotty Group Share Discussion Threads
Showing 8601 to 8622 of 8625 messages
|Please see the update today on the Scotty website that a voluntary offer will likely be made by the major shareholder for the rest of the equity. An 'External Auditor' has been appointed by the Board to prepare a market valuation report.
Scotty provided a valuation as part of their recent 'Business Report and Trading Update' to shareholders, as follows:-
As part of preparing the financial statements of 2015, the company Austin, BFP was
commissioned to write a company valuation certificate for SCOTTY Group Austria
GmbH. As a basis for this assessment, a detailed business plan for the years 2016-
2018 was created and reviewed for credibility. In order to determine the value of the
company the figures starting from 2018 were used in "perpetuity".
The appraisal certificate provides for an updated value of the SCOTTY Group Austria
GmbH at 3,936.000 Euros (previously 2,500,000 Euros). Income from the re-valuation
of financial assets in the amount of 1,432 thousand Euros are thus included in the net
results of 2015.'
For shareholders, this would appear to provide a solid basis for comparison with the assumptions to be made by the external auditors and their valuation or range of valuations.|
|Does the moron not post here anymore?|
|Right thing for the company to do anyway regardless of whether they meet some new European Directive or not.|
|Maybe they've applied to join the fifth tier of the Bhutan Stock Market?|
|just seen on scottys web site that they are to de list from third market!!
any thoughts on this dear ladybird1
regards Moving up|
|Thanks for the post ladybird1, you never know, they just might relist back ON the AIM Market!!!!|
|Just in case anybody's still receiving Scotty comments, the 2015 Accounts are now available on the website. A good 4 months earlier than last year - when presumably the delays in signing the important German Forces contract made them delay as long as possible. This year they have also published a 'Business Report & Trading Statement' in English, an excellent innovation.
Having got the German contract signed, they seem now to have the wind behind them for a couple of years at least.|
|Thanks for that post ladybird1
regards Moving up|
|I entirely appreciate Minerve's emminently sensible point of view (ie. why hang around forever?). That said, the below perhaps for Auld Lang Syne at least - announcement of a further new order and I mention in passing that the delayed German orders referred to in the last set of Accounts were duly confirmed.
Whether the above link works or not I have no idea, but if I could find it then anybody can.|
|Long gone of course.|
|MOVE ON!!! LOFL, YOU KEEP POSTING ON THIS THREAD!!!!!!!!!!!!!!!!!|
|Most of them are either dead or have had the sense to move on Andy.|
|Yes happy New Year to the remaining holders here.|
|Hi Plasybryn you still in scotty dear boy!!is anyone still in scotty.
hope all is well.
best moving up, happy new year to all scotty holders!!!!|
|I see Bryan Smart is now involved with a successful automotive engineering Co. called AB Dynamics (ABDP)
Growing strongly with nice balance sheet, lots of cash, dividend and prime mover has lots of skin in the game.
Worth a look IMO.|
|SCOTTY Announces Greatly Improved Beyond Line-of-Sight Surveillance Video QualitySCOTTY Group Austria, which specialises in solutions for transmitting airborne HD video surveillance via satellite, has now developed a new technology that further increases the quality of SCOTTY's live video feed.
This increase in surveillance video quality, which requires no hardware modifications to the existing SCOTTY systems, is done by bundling satellite channels to increase bandwidth and thus making SCOTTY's transmissions even more fluid and stable.
This further improvement in quality makes it increasingly easier for officials at home to make quick and intelligent decisions in crisis situations.
For more information on SCOTTY's beyond line-of-sight airborne video surveillance offering, and on how SCOTTY's technology can greatly improve the quality of the live video feed, please visit the company website or contact info@scot|
|I imagine PWC's audit opinions have received many & various critiques over the years, Minerve, but 'SPAM' is perhaps a first?|
|Thanks for the update Ladybird1|
|I note the 2014 Accounts are now posted on the website. 2014 results pretty dire, turnover down twenty-odd percent and the losses sending the capital into negative territory. The positive wins in 2015 have reversed the trend and positive outcome for 2015 looked for. Who knows...
For me the PWC audit opinion is a good summary of the present position, viz from page 6 of the Report
'Ohne den Bestätigungsvermerk, weisen wir auf die Anmerkungen worin die geschäftsführenden Direktoren im Konzernanhang (4.3. Negatives Eigenkapital) sowie in Konzernlagebericht (2.5 Vermögenslage) das negative Eigenkapital kommentieren und auf die positiven Planungsrechnung hinweisen.'
which roughly translates as:
'Without qualifying our opinion, we draw attention to the comments which the Executive Directors make in the notes (4.3. Negative equity) and in the group management report (2.5 asset position)on the negative equity and the positive budgeting point.'|
|"The company will not respond...tried several times!"
|abrahe00 - Thanks, I'll try the broker because the company will not respond...tried several times!|
|Maybe they've now stopped doing it...
You should contact the company or their broker and ask for help.