Star Energy Share Discussion Threads

[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

[jonnyfro] 16/7/2018 07:31

Good post matjosI think revs will be higher than that 3-3.5m which will turn us ebitda positive.6000 watchlock orderCropxFrench atmEuropean partnerThink the market might be surprised still trading update due before month end which I believe will be comprehensive and should give us all the answers.

[mattjos] 15/7/2018 17:50

For H1'18 I am pencilling in:

Revenues: $2,700,000
Cost of sales: $1,354,000
Gross Profit: $1,346,000

Gross Margin: 49.9%

Operating Expenses: $1,500,000

Operating Loss: $154,000

There's a decent business here beginning to emerge BUT ,... they have to get a handle on the Gross Profit Margin. It's all over the place these last few years & the 27.7% achieved FY'16 was bloody awful.
FY'17 it was up to 38.2% but, that is still not good enough.

As the OEM, they should be targeting a minimum of 50-55% Gross Profit Margin.

Am keen to see if they come in anywhere near my forecast for H1'18 & continue the trend of increasing GP Margin toward the 50%+ level ..... sales growth on that target margin and they will very quickly become profitable and should attract a decent and rising profit multiple for valuation purposes.

This could very well prove to be the watershed year.

[mattjos] 15/7/2018 13:28

From 30 Aug 2017 RNS:
"The agreement provides for an initial order to be delivered by January 2018 and, subject to satisfactory performance, further orders are expected to be placed between April and August 2018. The aggregate potential order value of the agreement is bound by commercial confidentiality but would be significant in relation to historic revenues for 2017. An initial payment on account of a development service fee (which includes the cost of the initial order) has been received by the Company."

CropX does have some big investors.

December 2016, Bosch Venture Capital:



May 2018, ICL:

[daar] 21/6/2018 15:19

Going sub 2p I guess! Will add around 1.5/1.75p

[wooster4] 19/6/2018 12:36

Andre - they stand to make many millions through their own shareholdings if things come off, not a couple of hundred thousand. You need to examine the benefits of variable versus fixed pay.

[andre] 29/5/2018 09:04

Wooster4 - That would depend upon what else they have going on. If they have other income streams/directorships etc. then a couple of £100K a year is a very nice pension pot when you have not helped your shareholders/owners gain anything at all.

Just saying. I believe directors have a responsibility to shareholders to increase the value of the company. Not just run the company at a loss and take salaries. It may be OK for traders who dip in and out but somebody is always left holding the baby.

[wooster4] 29/5/2018 08:39

Andre - They stand to make an awful lot more from shares owned and options than fixed pay. They will not get rich on earning a couple of 100K salary a year - however, if share price takes off - well that's a different story.

[andre] 28/5/2018 12:17

I have no reason to be bitter. I am just questioning how a company that makes no profits can keep paying directors salaries and bonus shares (which are at the expense of PI’s ultimately).

At some point do they not feel a responsibility to make a profit?

[wooster4] 28/5/2018 10:29

Andre - how are the directors making money other than salary? Options all generally underwater. You sound rather bitter.

[andre] 25/5/2018 17:56

Its hardly a new company though Mattjos. Just one that keeps dipping back in with more shares issues and option grants.....

The directors are making money for sure. Not the same as shareholders though.

[mattjos] 25/5/2018 16:34

Not been my usual experience in business of Israeli business people losing money.
It's still a minnow of a company but, is gaining traction and market acceptance of its products & seems quite innovative. Huge marketplace they are targeting and likely to take some time to narrow down the profitable niches for them to try and dominate.
The business model looks right to me .. a question a waiting for recurring revs to exceed operating costs.
I maintain a starting position at this stage, enough to persuade me to keep watch and keep researching & see how things develop from here.
Not sure exactly else one could ask for at this stage of the company devt.

[andre] 25/5/2018 16:23

look at the past 5 years. They never have much money. All of the placings, for whatever reason given, end up keeping them floating. I doubt that they'll ever make a profit.

[mattjos] 25/5/2018 15:34

Soil Moisture Sensor Market Worth 264.0 Million USD by 2023

[mattjos] 23/5/2018 13:15

assume that will put a 2.5p floor here now. Placing for the right reasons though .. fast growing sales & not cash for survival

[andre] 08/5/2018 06:42

So in short, you ramp lots. LOL.

[petebarnes1] 07/5/2018 22:53

so in short you hold none lol

[andre] 02/5/2018 13:28

I'm here because this isn't your private board Peter. It's a public forum where people are allowed to ask questions, help each other or just banter.

I also work in their industry so have an interest. I wouldn't be holding out for major deals from Bosch, based on what I have seen/read. But that's just me. I'm entitled to my opinion as much as you are. It's a forum for both holders and those interested in buying... if they believe in the story. Or just the casual observer too. It isn't exactly busy around here.

[petebarnes1] 02/5/2018 12:50

hi mate , come on deals and news

[jonnyfro] 01/5/2018 08:19

Morning Pete