Star Energy Share Discussion Threads

[mattjos] 29/8/2018 08:12

Confirmation the partner is Bosch likely won't be picked up by broader market first thing as not a standalone RNS but, terrific news to have it confirmed. Not usually easy to get permission to make this sort of disclosure.Next step, for Bosch, will be to tie in the Nexeed product to an EIS system such as SAP so that users can accurately manage their supply chains to further optimise Just in Time deliveries & inventory controls + with Blockchain functionality it is now possible to do some cute things with regards payments.Good update .... revs are in the right trajectory, so too are proportion of recurring revs. Gross margin taking a bit longer to rise than I had hoped for but, the key business metrics are all moving in right direction & looks likely to be more good news imminent.

[mattjos] 27/8/2018 13:33

Digging around on various data sources and there are circa 55m acres of farmland in the USA that is irrigated each year & 5m acres in Australia

CropX recommend circa 1 sensor for every 40 acres ... for simplicity sake, call it 1 sensor for every 50 acres = market potential for 1.2m sensors in the combined USA / Australia markets.

From Sept 17 Interims: "We have received an initial order for 5,000 customised Kylos Air units (from Cropx) at a total value of $650,000. Most of this revenue will arise in early 2018 and, provided they are satisfied with the results, we would expect to secure follow on orders."

$650,000 / 5,000 = $130 revs per unit

Initial order of 5000 units/market potential of 1,200,000 units = just 0.42% of addressable USA/Aus market.

If CropX are able to get to 10% market penetration in USA/Aus during next 5 years, that would be 120,000 units
Volume purchases from Starcom would reduce the buy price (& enable Starcom to reduce manufactured price) so, assume $100 revs per unit

120,000 units * $100 / unit = $12m revs to Starcom + the associated recurring revs.

Once established at 10% market penetration there would be further growth in these & other territories + a % of the total installed base would require replacement due to loss/damage each year.

With Bosch an early stage investor in Cropx & (subject to confirmation this week) also the EU Partner for Starcom, the technology is clearly getting noticed by global entities.

[mattjos] 22/8/2018 22:30

agreed .. valuation is incredibly stingy given the growth now being experienced and anticipated.
However, one step at a time. Folk need confidence that these silly small raisings are behind us, that organic cashflow can durably exceed fixed costs & sales trajectory continues to accelerate .... then the volume buying will arrive.

[jandtw1] 22/8/2018 22:00

I do believe this share price will grow. For a company to go through what it has done in the past couple years and stay true to the course, growing in confidence, stature as well as belief in the evolution of the products they have to offer bodes well for the future. All remains is for the market to have the same confidence as shareholders do. Once this happens share price will increase, but it will be a steady rise in share price A positive step forward will happen next week with the revealing of the NDA and future potential orders being realised.

[brad44] 20/8/2018 14:35

yes, couldn't agree more, good summary.

[mattjos] 20/8/2018 13:43

about time this got a shift on, it is cheap as far as I am concerned & has potential to grow significantly from here.
I appreciate that equity raisings have put people off in the past but, the directors have only been raising in small amounts ..they do now want to dilute any more than is necessary.

Historically, it has been about cash to fund R&D and product development. More recently the small raisings were about tiding them over until their recurring revs cover their cost base.

Now we have got the products that have applications with genuine global appeal & IOT functionality & which will drive volume product up-take so, situation is very much changed & therefore valuation deserves to change accordingly.

[mattjos] 19/8/2018 20:18

CropX has got a very, very impressive line up of execs
eg. Their Sales & Marketing Director is ex-Netafim - a $1Bn Sales company specialising in drip irrigation .. HQ'd and started in Israel in 1965 with many ex-IDF people in its leadership team.

Bosch is an early stage investor in CropX & later this month we should have it confirmed that Starcom's major EU partner is also Bosch.

Israeli's are a very resourceful bunch and usually quite creating in their approach to problem solving..

Starcom/CropX .. they look quite intertwined, with CropX tangible product coming from Starcom. CropX likely see huge value in AG Analytics data in the years ahead.
One/both of CropX & Starcom likely to get bought out by a major such as Bosch in the future. Both businesses look likely to scale very rapidly

[mattjos] 16/8/2018 22:46

"The increase in revenues results from our intensified efforts to acquire larger, more strategic and world class clients who need our advanced and flexible technology to resolve the unique mission-critical problems they face in their respective businesses. This is also how an improvement in margins will develop going forward. In the first six months of 2018, two such clients, mentioned in our previous reports, contributed most of the $1m first half revenue increase: CropX (irrigation-agricultural control) and WIMC (insurance - cargo tracking)."

WIMC is


"Work is being done with one of the largest suppliers of management and control systems for concrete production factories. Integrating Starcom's technology with its system will meet the challenge of monitoring and better assuring the quality of concrete during its journey from the factory to the construction sites."

is it this:

[mattjos] 16/8/2018 13:39

very difficult to buy in any size here most of the day. Fill or Kill or neg trade only

[mattjos] 14/8/2018 13:24

Plenty of eyes on this Andre ... added this am & yesterday

[andre] 13/8/2018 17:10

Mattjos, do you ever feel alone here? ;O)

No news doesn't inspire much posting does it. Hopefully when it comes, it will be quick.

[mattjos] 13/8/2018 15:05

Should have it confirmed that Bosch is the customer by end of this month

[mattjos] 07/8/2018 21:14

"Work is being done with one of the largest suppliers of management and control systems for concrete production factories. Integrating Starcom's technology with its system will meet the challenge of monitoring and better assuring the quality of concrete during its journey from the factory to the construction sites."

Time is obviously a critical factor when considering the supply chain for ready mix concrete from batch production to pouring on site. Some initial digging turned up this paper as a good source in understanding the opportunity & resultant benefits:



Liebherr has a very comprehensive system already in the market.

Wheresmyconcrete is another:

Looks an intriguing global application for Starcom's technology & would clearly result in recurring revs.

[mattjos] 03/8/2018 12:53

Added today

[jonnyfro] 30/7/2018 09:53

Yep remember mr is mega conservative so wouldn't be surprised to see those revs higher come interims.Bosch finally announced next monthElectric bike ahead of scheduleLots to be excited for

[mattjos] 30/7/2018 09:44

Going in the right direction.

H1 looking like this:

Revs: $3,000,000
Cost of sales: $1,830,000
Gross Profit: $1,170,000
Gross Margin: 39%

sounds like a helluva lot going on. $10m mkt cap beginning to look a bit stingy now.

Margin still not where it needs to be for the first half but, they have indicated the last 2 months of the half saw the margin improving. Going to be an interesting set of results & commentary .. forward looking statement sounds like it is going to be very bullish

[mattjos] 23/7/2018 21:33

Another Starcom customer receiving additional funding to grow their business is Contguard:





Don’t think the market really seeing the big potential in Starcom yet. Now starting to brand & sell their products themselves, they will certainly be able to improve Gross Margins & all the time the recurring revs are creeping upwards each quarter.

[jonnyfro] 20/7/2018 03:50

Nice move up yesterday fingers crossed for a continuation of that trend today.

[mattjos] 17/7/2018 22:27

It's a slow burn stock but, so far, I do like the look of the chart, on a long term basis:


free stock charts from uk.advfn.com

[mattjos] 17/7/2018 22:12

am looking for share price nearer 6 - 6.5p by the calendar year end. A breakout past 5p in that timeframe would be very good sign that we are on the right path.

The market that Cropx is addressing is absolutely huge and the data that Cropx will harness will be very useful & valuable asset.
Having launched in the USA (with good user feedback to date) they are now targeting Australia to help even out their yearly sales pattern (opposing seasons).
The Israeli connection between Cropx & Starcom suggests likely longevity of commercial relationship.

[mattjos] 17/7/2018 14:05

good volume day .. all buys so far.

[mattjos] 17/7/2018 11:19

added some more this morning