Shieldtech Share Discussion Threads

[to350] 16/7/2007 15:15

apart of course from the riff raff on the bb's ;-)

[audereestfacere] 16/7/2007 14:47

Definitely more substantial than Base, in fact, there is no comparison between the two companies.

[currypasty] 16/7/2007 14:32

good product, good turnover, good prospects for growth IMO

[audereestfacere] 16/7/2007 14:11

More substantial than Base.

[kasman] 16/7/2007 14:02

any good these?

[currypasty] 16/7/2007 13:59

its always a worry that people who have been locked into something for a while may sell, cirumstance change, dont like the new company.

all looks good though, infact a tick up !

[scoots] 16/7/2007 13:53

Reading the info that we've had available so far, I would be surprised if anyone wants the exit.

[currypasty] 16/7/2007 13:45

GG, will do

at least we havent seen a race for the door !

[ggekkko] 16/7/2007 13:43

curry
would you please get in touch with me at [e-mail]

[scoots] 16/7/2007 13:38

Before suspension 1000000 was worth £400.00 at bid.

Today 2000 (equivalent) is worth £520.00 at bid.

Is that good, or is that good??

[currypasty] 16/7/2007 12:05

its usually the case that the first day electronic brokers dont recognise the epic. You can usually ring up and trade though.

[clivee] 16/7/2007 11:58

Again i can't trade in this company. EPIC code: STEC not reconised within the banking system. This was the same problem with FEI when it relisted.
I just can't understand why the Brookers are not up to date with whats going on. I expect its all done so the big companys get in first and smaller pi pick up whats left the following day.

[to350] 16/7/2007 10:24

at the moment it might, but we are all still down.

[scoots] 16/7/2007 10:03

At least this one seems to have more potential than the previous three ventures.

[to350] 16/7/2007 09:32

the million dollar question.

[humphbumph] 16/7/2007 08:48

Ferrum > Digital Sport > Base Group > Shieldtech > .......

When will it all end?

Please, when will I make any money?

[audereestfacere] 16/7/2007 08:47

Hello CURRYPASTY,

I'm thinking of making a purchase.

[currypasty] 16/7/2007 08:42

3 buys so far, market a bit slow... perhaps not many people realise we are listed and off ?

[currypasty] 16/7/2007 08:34

RNS Number:2682A
Shieldtech PLC
16 July 2007



For Immediate Release 16 July 2007


Shieldtech plc


("Shieldtech" or the "Company")


First Day of Dealings on AIM


Shieldtech plc, (AIM: STEC), a leading designer, manufacturer and distributor of
body armour systems to provide the wearer protection against firearms and stab
threats, is pleased to announce that its shares commence trading on AIM today.


Key Highlights


*Base Group Plc ("Base"), a cash shell previously involved in sports
management and marketing, acquired Shieldtech Ltd. for a consideration of up
to #19.5m.


*The Enlarged Group has changed its name to Shieldtech Plc.


*Base raised approximately #10 million (before expenses), via a Seymour
Pierce Placing of 40m ordinary shares at 25p.


*Base used part of the proceeds to fund the Initial Cash Consideration for
the acquisition of Shieldtech Ltd.


*The rest of the proceeds will be used to expand the activities of
Shieldtech through further investment in the business and by leveraging on
its current strong UK market position and customer base in both the UK and
overseas and to repay certain existing debt in the Shieldtech Group.


*At the placing price, Shieldtech has a market capitalisation of
approximately #13.1m.


*The Nominated Adviser and Broker to Shieldtech is Seymour Pierce.


Placing Statistics

Placing Price 25p
Number of Ordinary Shares in issue prior to the Acquisition 1,699,762
Number of Placing Shares being placed on behalf of the Company 40,000,000
Number of Ordinary Shares being issued pursuant to the Acquisition 10,800,000
Percentage of the Enlarged Share Capital issued pursuant to the Placing 76.19%
Percentage of the Enlarged Share Capital issued pursuant to the Acquisition 20.57%
Number of Ordinary Shares in issue immediately following Admission 52,499,762
Market capitalisation of the Enlarged Group at the Placing Price #13.1m
Gross Proceeds of the Placing #10.0m


Commenting on the Admission to AIM, Tony O'Neill, Chief Executive of Shieldtech,
said:


"Shieldtech is a leading business within its sector with attractive growth
opportunities both organically and through acquisition. We believe that the
Shieldtech Group's operations can be enlarged further through acquisitions of
homeland security based products and services selling to complementary markets
within the overall homeland security sector."

[currypasty] 16/7/2007 08:33

07 July 2008 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).