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STEC Shieldtech

2.50
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Shieldtech Investors - STEC

Shieldtech Investors - STEC

Share Name Share Symbol Market Stock Type
Shieldtech STEC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.50 2.50
more quote information »

Top Investor Posts

Top Posts
Posted at 02/11/2009 17:44 by facere2
Stec should produce armour to guard investors against its own presence.
Posted at 19/10/2009 09:58 by investinggarden
Buy recommendation from Growth Company Investor
Posted at 31/3/2008 10:07 by currypasty
i wonder why companies trot the old 'aquisitions' banter out? Surely they realise investors are wary of that sort of thing, unless of course said company is generating so much profit and cash, aquisition is the only way of spending it all.
In my book 'seeking aquisitions' always smacks of 'empire building', share dilution, cant make a profit what we are doing, so look at plan 'b'
Posted at 07/12/2007 14:35 by currypasty
it could certainly do with a few new investors
Posted at 15/10/2007 07:57 by currypasty
RNS Number:6584F
Shieldtech PLC
15 October 2007



For Immediate Release 15 October 2007


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

Preliminary results for the 16 months ended 30 June 2007


Shieldtech plc, a specialist provider of products and services to the Homeland
Security market, is pleased to announce its preliminary results for the 16
months ended 30 June 2007 following its admission to AIM in July 2007.


KEY POINTS

Recent history - July 2007

* Base Group Plc changed its name to Shieldtech plc
* Raised #10m through a placing with institutional and other investors
* Acquired Shieldtech Limited and its subsidiary Aegis Engineering ("the
Aegis group") for a consideration of up to #19.5m
* Shares commenced trading on AIM on 16 July 2007


Business strategy and market dynamics

* Expand the Group's operations through acquisitions of businesses focussed
on Homeland Security based products and services
* Fast organic growth of those businesses
* UK legislation driving market growth
* UK operators setting international standards


Results for the period ended 30 June 2007

* Shieldtech plc (Base Group Plc, prior to the acquisition of the Aegis
group) - loss before tax: 2007 : #104,000 for 16 months (2006 : #61,000 loss for
12 months)
* Aegis group (prior to its acquisition by Shieldtech plc) - operating
profit for 12 months: 2007: #1.79m (2006: #1.48m)


Tim Wightman, Chairman, commented:

"Trading conditions remain favourable and opportunities are increasing in all
key areas of business activity. The Board believes that the Homeland Security
market presents an exciting opportunity for Shieldtech and its investors."

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