Strat Aero Share Discussion Threads

[muckshifter] 16/1/2017 09:57

That, Andy, is the likely outcome here imho. Personally I think the directors are on an "each way bet", with the possibility of a miracle - a massive order with up front payment which I think is highly unlikely but could save them - or, keep drawing their salaries for as long as possible, put the company into receivership and buy it back from the receiver for an absolute pittance. Don't know how the recent loan would fit into that, but I suspect the lender will own the company and want rid of it at a small profit over and above the interest due, as quickly as possible. The original owner of geocurve was paid enough to take the company back himself I would guess, but all of the directors would perhaps have a share.
Just my opinion, as I haven't really followed the story here.

[andy] 16/1/2017 08:50

hail ceasar,

Exactly!

Drone technology WILL be large in the future, how many documentaries do you see where the views from the air in the middle of a jungle are spectacular, all clearly done from drones.

But to say it will be " as big as the internet" is clearly ridiculous, there are limits to drone uses!

What looks to have failed here is management, and to have a drone company listed costs a lot of money, so unless you're winning contracts with healthy margins, you would be better off private and investing in equipment and technology rather than paying LSE listing fees, NOMAD fees, Lawyers fees, PR fees etc.etc.

[hail caesar] 15/1/2017 21:18

I am with you Beyond the Wall. I remember the CEO stating that drone technology will be as big as the internet. Bold statement indeed, perhaps it might, but a drone company needs better management and a clearer strategy to deliver

[beyond the wall] 15/1/2017 20:28

The worst investment I made last year ... cant honestly see this one surviving into the following year. There was the farce of the court case, now not much happening. The only good thing is that Geocurve seems a sensible little company with a decent contract, but with the millstone of the main company around it. I can imagine Geocurve being sold, or there is a big dilutional placing, or strat aero goes bust, or they get another contract to live another day. My money is sadly in this escapade.

[andy] 13/1/2017 19:29

Dennis,

Yes "short term loan", but how will they repay it within four weeks and find enough money to fund their wages and general administration expenses going forward for the next year?

How much do they need to fund their wages and wages for the forthcoming year?

Where are the new contracts?

Where is the progress only you can see, and where are the RNS from the company confirming it?

How can you recommend an investment when you don't have an any idea about margins for the meager contracts they already have?

They had two failed placings last year, and are in need of one now, with £375,000 need to repay the loan before they look to fund themselves for 2017.

You and your friend at Air Communications need to pull your fingers out PDQ.....


Assuming you are separate people of course,and I'm not convinced you are.................

[bygdennis] 13/1/2017 15:12

Andy, Aero Aren't talking per annum are they, Short term loan andy?.
At least you admit making things up like margins etc: Not much you post has any real meaning, Just boring suggestions you hope is seen as relevant information

[andy] 13/1/2017 14:28

Dennis,

You're getting worse!

"So the loan would be far ore suitable for the time being if some of the work we are advised is being sought to as you say potty gain contracts that would lift the share price to a more suitable level for a placing if needed,"


"If needed"? So you are saying a loan costing 50% per annum is "more suitable" than raising new equity? What? I suggest you ring the CFO and tell him that! One suspects he may vociferously disagree.



"so where do you get all you dire suggestions from? Of course! you make them up and then use them as facts! A load of rubbish really, Yes?"

Errr, no!


I "made them up" by quoting Verbatim from the 22/11/16 RNS issued by Strat AERO!


"Strat Aero has executed a GBP300,000 six month loan facility with a secured fixed and floating charge with Farina Investments (UK) Ltd at an interest rate of 25% over the six month term.

The short term loan will be used to provide adequate working capital for the Company through to mid Q1 2017

The Board intends to consider options to refinance this facility and with this in mind will be calling a general meeting in the near term to increase available headroom to issue ordinary shares which will provide flexibility with regards to both repaying the loan and providing for future working capital needs"..

-------

So Dennis, you mention "margins", yet have previously admitted you don't know what they are, and you accuse me of "making things up" when I am quoting the company Verbatim from their RNS!


hmmmm!


You need to try harder in the poster denigration department, I suggest you need some further training.

Yorgi!

[bygdennis] 13/1/2017 14:24

Sorry Pilotov, Forgot you can only read a few word or lines you approve of while looking for something you can manipulate into something hostile, Nothing to say about the post though pilotove=kemche=many , Just a go at me as usual, You would understand it if you read the news at it is and not as you imply.
Better cover it with more of your ID's remarks as is your way.

[pilotov] 13/1/2017 14:08

Dennis - you are not kind or considerate to your readers. That last posting defies understanding and is just words and phrases in 'mardon' order. Difficult to read and impossible to understand. Can you not just show your writing to a friend/wife/colleague before you post it, just to see if he/she understands it first?

[bygdennis] 13/1/2017 13:52

Getting a bit ahead of ourselves aren't we as usual Potty, If we read correctly Then we were told the placing is thought mot the way to go d to the share price being so low, It would not benefit holders, Nor Aero long term, Makes sense?
So the loan has been far more suitable for the time being if some of the work we are advised of is being sought, to as you say potty gain contracts that would lift the share price to a more suitable level for a placing if needed, Then again loans could be the answer short term at least for a while to make up any shortfall in expenses required to finance new projects?
As you must agree group, during the difficult time we have now moved on from, shareholders have suffered enough, Don't you agree? No? As far as you lot of ID's is concerned, Obviously not. Possibly you may realise you are not as popular with your suggestive meandering as you assume.
Accounts! Andy etc: We all know the previous accounts and what they entail, They are from the difficult period and were not good in the least, However gain have been made as we all can read if we want and don't need you to lend a hand in telling us what these gains mean, Less than nothing according to you but then that's your take on it, Totally hostile as usual, so not reliable if we read things for ourselves!
All Your ID's keep talking about old accounts, What about margins in the new ones?, Will they be as the old, as you try to imply? Being as Aero have the package of services in place and the equipment needed why would the margins not be very good? Only wages to pay and everyday expences? Seems so if we read up, The last fund raise included equipment so where do you get all you dire suggestions from?
Of course! you make them up and then use them as facts! A load of rubbish really, Yes?
Maybe Potty, you are right looking at things as they are, Contracts maybe forthcoming soon and the more the share price can rise the better placed we will be, Not you of course, you made your minds up long ago and keep on kicking Aero, even though you are out of date and as we can see, Have very little left to be negative about, except poking fun and a placing you've been on about for months now that has not been your finest suggestion, Has it?
We can suppose SA will be selling geocurve a fact now you've thought it up? What a silly idea when there is much to look forward to in this and other sectors we target for new gains as is the business plan you say you don't like! What a load of rubbish!

[andy] 13/1/2017 13:42

potter,

It would have to be a big contract win with a large upfront payment, as cash is needed now, hardly likely if they have checked the accounts, and read the November RNS.

A corporate event may occur of course, like selling Geocurve, but who would buy it?

[pottermagic2310] 13/1/2017 12:06

The rest of us can read the Accounts, do our Sums AND read what the Business has said it's going to do... a Placing !! According to the Accounts, how the Sums add up, the indebted-ness of SA generally and information pertinent to a recent (dodgy) Loan Agreement, the Placing SA has stated it needs to do must surely arrive no later than mid-Feb ?

All of the above assumes there are no new Contract wins that might benefit SA significantly during Jan/Feb of this year...

[andy] 13/1/2017 11:54

Dennis,

Yes I heard some of the 'group' (That I don't belong to but nevertheless are sensible posters) are from Alpha Centauri and beyond.

You are the ONLY person saying there isn't going to be a placing!

The rest of us can read the accounts and do our sums.............

[andy] 13/1/2017 09:06

dennis,

Early in the office this morning, overtime before the placing by any chance?

It won't make any difference, you're the only person in the entire universe that can;t see they need to compete a placing!

I always thought denial was a river in Egypt........

[kemche] 13/1/2017 08:16

Relentless decline! and on! and on! and on! Same old stuff from the same company, Not much to do with price going up, Quite comical for continuation!, Very good.

[bygdennis] 13/1/2017 08:02

Droning on! and on! and on! and on! Same old stuff from the same ID's, Not much to do with reality, Quite comical for a change!, Very good.

[andy] 12/1/2017 14:51

And let's not forget delivery droids!




They come to your front door, or the entrance if you live in a block of flats, provided the local hoodlums haven't stolen it as it moves along the way of course!

[the stigologist] 12/1/2017 14:06

No the next big thing is nanotech robot chefs which get sent down your copper wire/cable internet connection and then go into your kitchen and cook you something from the left overs in your cupboards/fridge

and then the next big thing after that is 3D printing of pizzas at home from 3D printer ovens

[pilotov] 12/1/2017 13:39

Read yesterday that one man jet packs are the latest thing - drones fast becoming redundant! (except for the military of course) Could then land on roof of flats and deliver pizza downwards.

[andy] 12/1/2017 13:33

kemche,


Good question!



Pilotov,

Minus the 'potential' £2.5 million flood defence contract of course!

Still someone on LSE mentioned a "rumoured" (LOL!) takeover bid by Amazon.

I won't bother telling him Amazon have completed their first drone delivery in the UK already,as have Domino's in NZ with a pizza delivery.

Quite how they deliver to a block of flats is not yet explained. Maybe the drone pushes the bell and flies up the liftshaft?

[kemche] 12/1/2017 12:51

And if so, as an asset or a liability?

[kemche] 12/1/2017 12:50

pilot :)

Have they capitalised the Bygd on the books?

[pilotov] 12/1/2017 12:44

Well, there's the famous "excellent package of services" and all the talented management - plus Dennis of course!