Shieldtech Share Discussion Threads

[flc] 18/7/2008 10:56

Yep, got it in one. Might buy some more so i can lose even more money.

[audereestfacere] 10/7/2008 17:41

Just dropped in to see how you all are. Seems as though this is going the same way as Ferrum,Digital Sport and Base - drifting down AIMlessly.

[currypasty] 07/7/2008 14:56

i may get a few more then, before the rush..lol

[dbno] 07/7/2008 14:16

Also, I saw something a little while ago to the effect that street cleaners, shopping mall staff, and various local authority employees who are exposed to the public are about to be issued with body armour due to the increased incidences of stabbings and shootings. If stec can get a proportion of any of that business we may be in for a long awaited share price hike.

[flc] 07/7/2008 14:03

The announcement of an acquisition is probably just around the corner. This was mentioned in the R&A so we can't be too far away from something.

[uknighted] 07/7/2008 13:37

TO350 Some positive news for a change - I see no harm in posting it here.
Regards
UK

[currypasty] 07/7/2008 13:36

i started the thread, ill post what i like,... not alot else to post is there, certainly no informed debate

a cut and paste of rns, is as good as its going to get!

be happy, its not going down

[to350] 07/7/2008 13:34

whats the point of cutting and pasting the above, curry?

[currypasty] 07/7/2008 10:15

RNS Number : 4314Y
Shieldtech PLC
07 July 2008


Shieldtech plc ("Shieldtech" or "the Company")


Trading Update

The Board of Shieldtech, the specialist provider of products and services to the Homeland
Security market, today made the following
trading statement following the end of the company's financial year to June 2008.

"Trading in the six months to June 2008 has shown a significant improvement on the half
year to December 2007. The directors predicted
in the Admission Document dated July 2007 that sales in the first half of the year to December
2007 would be depressed owing to the revision
of ballistic measurement standards by the Home Office Scientific Development Branch ("HOSDB"),
which delayed procurement by a number of UK
police forces. This restricted level of sales continued initially in the second half of the
year to June 2008.

The order book has increased substantially in the last quarter. In particular orders have
been received from four major UK police forces
amounting to £1.6 million, the total sales relating to these orders in the last quarter is
£0.6 million, leaving £1 million to be delivered
in FY2009. A further £0.5 million order from a major overseas defence client will be
delivered in FY2009. The group's current order book of
£3.75 million is at its highest for two years.

Sales in the final quarter improved markedly. Despite this recent recovery, sales in the
year to June 2008 were depressed at around £6m
(2007 £11.5m). The company expects to have incurred operating losses before IFRS non cash
charges for the amortisation of intangible assets
and for share based payments for the year to June 2008 of about £0.7 million. (6 months to
December 2007 £0.6 million).

The directors believe that the delay in receipt of orders from police forces arising from
the revision of the ballistic measurement
standards has now abated and the directors are confident of a return to profitability during
the year to June 2009.

[dbno] 07/7/2008 10:02

Time to trickle back in methinks?????

Any old stalwarts still around?

[flc] 07/7/2008 09:09

Sounds promising.

[to350] 30/6/2008 15:47

Hot and bothered m8, but still swinging ;-P

Trust the kids are ok?
ps. Don´t worry they get more expensive as they get older. 60k for my eldest to go thru uni over 4 years but the bu99er has done ok got a BSc in Economics and an MSc in project analysis, investment and finance. So money well spent and of course he has no student debt. And as the first one finishes the other one goes to uni in september so just to make your day THAT is what you have to look forward to lol lol lol.

[flc] 30/6/2008 13:47

Neither TO350... unfortunately I was sectioned some time ago when I started talking about making my fortune in shares in an old football management company that now sells stab proof jackets. The nice men in white coats let me out ocassionally so that I can annoy the locals.

How are the monkeys today?

[to350] 30/6/2008 13:36

lol even u are getting delusions FLC....see, it gets to us all eventually lol lol. Where shall i tell em to deliver the straight jacket to sinatras or the blue angel

[flc] 30/6/2008 12:53

Nice to see that Brookwell have taken a sizeable chunk of stock. At last this could signal something positive on the horizon.

[to350] 26/6/2008 12:44

Slowly getting there people.

[to350] 23/6/2008 11:34

Only time b4 we go back into single figures.

[to350] 11/6/2008 12:10

no but she stays down once she gets there ;-)

[flc] 11/6/2008 11:25

Even Mary from the Blue Angel doesn't go down as quickly as this!

[currypasty] 11/6/2008 11:09

only another 15p to go

[to350] 11/6/2008 11:01

Hey FLC stop laughing will ya.

[flc] 09/6/2008 16:21

Can't stop laughing mate