Star Energy Share Discussion Threads

[philjeans] 14/6/2013 16:18

An opportunity to tap into an, as yet, unrecognised high tec business, recently listed and already profitable.

Just picked up another very significant contract for it's latest product;

Starcom PLC

("Starcom" or the "Company")

Contract Win

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce the first significant order under an exclusive distribution agreement for the sale of the WatchLock device in the Ukraine with Benish GPS Ukraine LLC ("Benish GPS").

The agreement with Benish GPS includes the Ukrainian distributor being required to purchase a minimum of 20,000 WatchLock units before 31 December 2014 in order to retain exclusivity. The first order is for in excess of 6,000 units and worth approximately $1.13m. This number alone is almost equivalent to the total number of WatchLock products distributed during 2012, and takes the number of Watchlock units sold in the year to date by the Company to over 9,000.

Starcom's CEO Avi Hartmann said:

"I am pleased to announce this exclusive distribution agreement in the Ukraine with Benish GPS, as we begin to see a wider, global roll-out of our award winning WatchLock product. We believe this agreement indicates the potential market which exists for the Watchlock and is in line with our strategy of establishing trusted partnerships with distributors in order to increase our global reach and lines of delivery to the market at a low cost point. I am confident this is the start of a beneficial partnership for both companies. This sale order together with other orders for this year puts us well on track to achieve our target unit sales for the Watchlock in 2013 and I look forward to providing further updates on the Watchlock and our other products in due course."

[philjeans] 14/6/2013 16:15

16 May 2013

Starcom Plc

("Starcom" or the "Company")

Preliminary combined results for the year ended 31 December 2012

Starcom Plc (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of various types of assets and people, announces its first results as an AIM quoted Company for the year ended 31 December 2012.

Highlights

-- Revenue increased by 44.6% to $8.1 million (2011: $5.6 million)
-- Profit before taxation increased by 100% to $1.6 million (2011: $0.8 million)
-- Profit after taxation increased by 62.5% to $1.3 million (2011:$0.8 million)
-- Successful launch of Watchlock and Triton products during 2012
-- Watchlock awarded Physical Security Innovation Product of the Year in May 2012 at IFSEC Awards

-- Successful IPO on AIM in February 2013
Commenting on the results, the chairman, Michael Rosenberg said: "These results demonstrate that Starcom is now on its way to becoming a leading provider of tracking and security related products on a global basis. The recent Admission to AIM resulted in new net funds of around $3.2m being raised which will enable the company to continue with its expansion plans and provide further growth in revenues and profits over the next few years. It is anticipated that in 2013 the majority of growth in revenues will take place in the second half of the year as the new products begin to penetrate the market."

[philjeans] 13/6/2013 10:21

13 June 2013

Starcom PLC

("Starcom" or the "Company")

Contract Win

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce the first significant order under an exclusive distribution agreement for the sale of the WatchLock device in the Ukraine with Benish GPS Ukraine LLC ("Benish GPS").

The agreement with Benish GPS includes the Ukrainian distributor being required to purchase a minimum of 20,000 WatchLock units before 31 December 2014 in order to retain exclusivity. The first order is for in excess of 6,000 units and worth approximately $1.13m. This number alone is almost equivalent to the total number of WatchLock products distributed during 2012, and takes the number of Watchlock units sold in the year to date by the Company to over 9,000.

Starcom's CEO Avi Hartmann said:

"I am pleased to announce this exclusive distribution agreement in the Ukraine with Benish GPS, as we begin to see a wider, global roll-out of our award winning WatchLock product. We believe this agreement indicates the potential market which exists for the Watchlock and is in line with our strategy of establishing trusted partnerships with distributors in order to increase our global reach and lines of delivery to the market at a low cost point. I am confident this is the start of a beneficial partnership for both companies. This sale order together with other orders for this year puts us well on track to achieve our target unit sales for the Watchlock in 2013 and I look forward to providing further updates on the Watchlock and our other products in due course."

[philjeans] 13/6/2013 10:20

Excellent news today on a very big order.

Going great guns and shares are hugely undervalued!

[philjeans] 24/5/2013 09:11

16 May 2013

Starcom Plc

("Starcom" or the "Company")

Preliminary combined results for the year ended 31 December 2012

Starcom Plc (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of various types of assets and people, announces its first results as an AIM quoted Company for the year ended 31 December 2012.

Highlights

-- Revenue increased by 44.6% to $8.1 million (2011: $5.6 million)
-- Profit before taxation increased by 100% to $1.6 million (2011: $0.8 million)
-- Profit after taxation increased by 62.5% to $1.3 million (2011:$0.8 million)
-- Successful launch of Watchlock and Triton products during 2012
-- Watchlock awarded Physical Security Innovation Product of the Year in May 2012 at IFSEC Awards

-- Successful IPO on AIM in February 2013
Commenting on the results, the chairman, Michael Rosenberg said: "These results demonstrate that Starcom is now on its way to becoming a leading provider of tracking and security related products on a global basis. The recent Admission to AIM resulted in new net funds of around $3.2m being raised which will enable the company to continue with its expansion plans and provide further growth in revenues and profits over the next few years. It is anticipated that in 2013 the majority of growth in revenues will take place in the second half of the year as the new products begin to penetrate the market."

[philjeans] 24/5/2013 08:18

Going up nicely - it doesn't take much buying to push these along.

Superb product sales are growing very quickly.

[philjeans] 23/5/2013 15:07

Excellent very bullish review in Shares Mag today ; "Lock on to Starcom".

See mag for full details.

Due a major bounce here - strong BUY for me.

DYOR.

[mark knopfler] 16/5/2013 12:17

I did find that bit disturbing. Sounds like management bs to me.

[aishah] 16/5/2013 12:13

The first two months of the year coincided with the IPO process which occupied a significant amount of management time, resulting in slower sales in the first quarter.
However, with the AIM admission successfully completed, management is fully focussed on delivering further growth for 2013 and beyond. It is expected therefore that most of the growth projected for 2013 will be seen in the second half of the year, as the new products come on stream and with the benefit of the additional marketing resources provided by new funds from the IPO. The board is therefore confident that revenues and profits in 2013 will show further improvement.

No rush to pile in imo. dyor

[scuba doo] 16/5/2013 11:52

Ha ha, we will give you that one !

[mark knopfler] 16/5/2013 11:47

This does look interesting Nick. I will put it through the MK model and see what I think.

[mark knopfler] 16/5/2013 11:43

LOL!

Has Cilla been relegated to B list now ?

[scuba doo] 16/5/2013 11:28

Nick,

We need a story of someone famous that you have met befor we can welcome you to the fold I'm afraid ?

Just because I knock about with A listers doesn't mean you don't qualify if your star is slightly down the old pecking order so to speak (It's never bothered Beastie too much over the years!)

[white fox] 16/5/2013 10:26

Don't forget the powers of deduction of Sherlock Holmes.

[nickjoseph] 16/5/2013 10:23

Hi lads. Not sure if this is the right board. And why search for a star is on Starcom Advfn's board. Looks like an amusing board anyway. Not sure how it ended up here apart from "star" being the connection. Have been told I look like Bruce Willis so suppose I can stay

[mark knopfler] 16/5/2013 09:58

Yes, but is he a star ?

I dont care if he was as unfriendly as Saddam Hussein after 3 days in a bunker without food, or as happy as Bobby Sands in a sandpit in Sand Central, but if he's not a star, he can do one.

imo, dyor.

[scuba doo] 16/5/2013 09:32

Nick seems friendly enough .....

[mark knopfler] 16/5/2013 08:01

Thanks Nick.

By the way, what are you talking about ?

[nickjoseph] 16/5/2013 08:01

100 % increase in profits. Not bad for a new IPO. These shares should get noticed now. Great pipeline and potential is massive.Why Ninja would you short this. You obviously do not understand this company . With results like this most companies would be jealous

[nickjoseph] 16/5/2013 07:58

100 % increase in profits. Not bad for a new IPO. These shares should get noticed now. Great pipeline and potential is massive.

[beeks of arabia] 10/4/2013 23:12

More likely he was hung like "King Kongs finger".

[white fox] 10/4/2013 11:29

I also loved Maggie and, whilst this doesn't quite rank as hanging out with a celebrity, my first girlfriend went to the same school as Maggie.

I think Dennis had hidden depths. I might read her memoirs to confirm.

[mark knopfler] 10/4/2013 10:45

I'm not sure she was in the Linda Lusardi league, from that point of view.

In any couple, one is always the dominant one, the one that wears the so called trousers. I think its fair to assume that Maggie was the trouser wearer in the Thatch household.

Similarly, the new mini skirt I bought myself the other day is quite becoming. It lets farts out easily too, which is an added perk.