Star Energy Share Discussion Threads

[ibug] 12/5/2015 20:46

The business clearly have a load of business going through their books...the share price looks very cheap at the moment just as IoT is taking off.

Surely this is a great buying opportunity.

[junglist] 01/5/2015 23:31

Something of a Sirius, is it not !

[ibug] 08/4/2015 10:18

LONDON (Alliance News) - Wireless services company Starcom PLC on Wednesday saw its shares plunge in early trade after it said a change to its accounting policy will mean its 2014 results are materially below market expectations.


Starcom said it will no longer recognise revenue in respect of "bill and hold" sale prior to the delivery of goods, though the company said it is able to satisfy the relevant criteria for this type of revenue recognition.

The accounting policy change, however, will mean revenue of USD4.8 million in respect of "bill and hold" agreements will not be recognised in its 2014 results, meaning it will materially miss market expectations. Had the sales been recognised, the company would have booked revenue of USD9.5 million, meaning it now expects to post revenue of USD4.7 million. For 2013, it reported revenue of USD9 million.

This change in accounting policy has been made in light of the company's experience to date of "bill and hold" sales which were recognised in 2013, which amounted to USD2.8 million. In 2013, goods were produced against firm commitments from customers to take delivery in 2014. Pending delivery, the goods were held in a segregated area in the Starcom's warehouse to the order of the relevant customers, many of whom were existing customers.

Starcom said it had fully expected that all the goods would be drawn down during 2014 but, to date, the level of drawdowns remains relatively small.

It now expects the "bill and hold" agreements for both 2013 and 2014 to be recognised as sales in 2015, meaning it does expect its 2015 revenue to be a significant improvement on 2014.

Starcom shares were down 10% to 7.5 pence in early trade, one of the worst performers in the AIM All-Share.

By Sam Unsted; [e-mail]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

[21trader] 05/4/2015 16:27

envirovision

maybe the company need a reminder !

[ibug] 05/4/2015 12:36

Interesting analysts note:

Starcom PLC (LON:STAR) 50p. This oscillator buy signal should provide good near-term momentum

This area is now the end of day close stop loss on the buy argument with bulls currently backed by the way that the RSI has pushed well above the neutral 50 level standing at 55. This oscillator buy signal should provide good near-term momentum as the shares move to retest the best levels of last year above 50p.

At this stage only cautious traders would wait on an end of day close back above the 50 day moving average at 10.15p before pressing the buy button. This is because it does appear that enough work has already begun here for the shares to resume their recovery pattern.

Written by Zak Mir, Head of DirectorsTalk TA. Zak Mir is one of the UK’s best known and experienced technical analysts, having over 2 decades of charting experience.

[nathanmiles5] 02/4/2015 16:03

I'd very much take slow & steady share price movement. olin the back of positive news on this one. 30-50p sounds amazing but I'd take over 12p next week!! We will see happens either way. Good luck!

[abid6814] 02/4/2015 15:20

L2 signal noted

[ibug] 02/4/2015 15:12

There is a lot of growth potential for this stock.

Research: 80 percent using or considering industry cloud services

Summary:Industry cloud is an up-and-coming element within cloud computing. A Tech Pro Research survey shows that only 20 percent have ruled out using industry cloud within their organization.

[abid6814] 02/4/2015 14:39

This is a very entertaining thread.

[envirovision] 02/4/2015 14:22

Have the company not issued you with a cease and desist order yet ?

[luckymouse] 31/3/2015 21:08

Stop spamming lots of boards pls

[luckymouse] 31/3/2015 21:08

01/14/2015 - LONDON (Alliance News) - Technology firm Starcom PLC Wednesday said there is "no basis" for a number of stories posted on investor bulletin boards and websites pertaining to a rumoured new contract with Honda Motor Co Ltd, amongst other rumours.

Starcom also shot down rumours over an extension to its recently announced partnership with a Porsche dealership in Germany, and a new relationship with the US Department of Homeland Security over GPS tracking systems, saying they "do not relate to the current business activities of the company."