Strat Aero Share Discussion Threads

[kemche] 05/2/2017 18:39

bygliar,

This has been a bear share built on hostile profit and loss accounts, balance sheets, cash flows, and incessant fundraisings - as has been pointed out many times.

[pottermagic2310] 05/2/2017 18:01

Don't forget...

EIGHT fundraisings in the last 23 months - that is an average of once EVERY THREE MONTHS! And that is ignoring the 44m to HS and the final 'payment' to Geocurve owners in yet more confetti

The latest fund raise runs out this quarter.
Without new Business being signed and bringing in Revenue this quarter, another dilution is highly likely... or maybe a reverse takeover by GC or AK, or taken private for a pittance, or...

Good Luck with your 'slice' points... suggests you don't see the Market Cap reaching £1m anytime soon ?

[pottermagic2310] 05/2/2017 17:53

To ensure the FACTs & FIGUREs are perfectly clear:

EIGHT fundraisings in the last 23 months - that is an average of once EVERY THREE MONTHS! And that is ignoring the 44m to HS and the final payment to Geocurve owners

There will be yet another Fund Raise imminently (this quarter) and another significant dilution of the Shares... or a reverse takeover by GC or AK, or taken private for a pittance.

[bygdennis] 05/2/2017 16:37

kemche, You say that an all bull share is absolute bull, Then as you and your id's have made this a bear share does that mean it would always be bare?
Wake up kemche's many ID's: This has been a bear share built on hostile wayward posts as has been pointed out many times.

[bygdennis] 05/2/2017 16:21

Hey kemche=pilotov=many, your recent posts are remarkably similar to andy's!. Is it that the constant 9+ months hostile posting maybe having an effect due to the strain of maintaining individuality of ID's, (has happened before) which is why i am quite confident to point out the using of multiple ID's to maintain a majority overview?.

You keep on an on about the same old stuff with suggestions and guesses that your ID's obviously always agree with and use them as relevant issues, They're mostly out of date and new ones have no substance other than you (yourself's) support.
One. The Hulsey case has been settled! Finished, even if both sides think they have issues
Should, as some are doing by checking past and current posts on these BB's they will find the same group playing with shareholders investment to get a desired result as ID andy =kemche=pilotov=many posted made aware, then edited out after being questioned, as has been proved.

[goldbullion] 05/2/2017 14:32

0.45, slice points at 0.32 and 0.39. Welcome aboard.

GB

[the_merlion] 05/2/2017 14:29

GB, afternoon bud. Targets?

[goldbullion] 05/2/2017 14:24

It was not provocation kemche, I just couldn't be bothered to research back more then five pages. It was lazy of me I know, but it is after all Sunday afternoon, and I am in possession of three ankle biters, who require some attention.

Good afternoon to you.

GB

[kemche] 05/2/2017 14:20

Gold, And notice the green for yours - one good turn etc.

[kemche] 05/2/2017 14:19

"Sorry kemche I do not know any investor with that price point, are you one then?"

Since you claim to have checked my posting history here, and my bearish stance on this share, then I would suggest that observation is simply provocation?

In the spirit of the silliness of your observation let me say - Yes, I have ploughed untold millions into this shower all the way from the giddy heights of 12p.

[goldbullion] 05/2/2017 14:18

Indeed Kemche, we have both been around the block a few times no doubt. I will of course venture over from time to time to lock horns.

But as you know a busy few weeks is upon us here.

All the best Kemche, money around for all.

GB

P.s. I hope you noticed the green tick up on that post haha.

[goldbullion] 05/2/2017 14:14

I have followed this little company for a year now, it has been in my watch list as a potential investment. I have held off from making that investment, to which I will explain later in this post, even though I was very bullish on its long term prospects.

Let us look at some of the historical prices points here. Back in early 2016, we see a channel price point from 4.40 to 1.10. This share price decline was impacted by the litigation with W. Hulsey Smith, and the subsequent cost of issuing legal proceedings and defending counterclaims. This is well documented in the annual accounts for the period in question and the resulting write down of assets at the time. By the time the company reached settlement on the 29th September 2016, the share price had declined to 0.75. Now W. Hulsey Smith was issued with approximately 44m shares at the time, as the bulk of the settlement, this of course did not help reverse the share price decline it actually impacted it more, as Mr Smith then off loaded this stock into a low volume period from October to December, pushing the share price down to 0.25 / 0.35 range. This is the reason the share price / market cap is where it is, it has actually won some good contracts and in my mind will win more in the coming months and years.

I highlight the above, as it is sometimes better to seek clarification of the historical price movements in these little tiddlers, is it the board, was it a case of issuing confetti on a regular basis, the answer is simply no. It was a case of a long drawn out litigation and its resulting impact on the share price for a period of a a year.

Now this brings me to the current share price. Most of these small AIM company's raise funds in January, unfortunately the board are not what I call market savvy, they are excellent in their field of professionalism, hence they are good for the business point of Strat Aero. To me this looks like a Beaufort Securities Limited placing to its clients, a group of wealthy flippers on the books who have taken the board of AERO for a ride by asking it to do a deep placing at 0.10 to satisfy its greedy high net worth clients. You can always tell a deep discount placing by the pace of the forward flip on the day of the placing announcement. In AERO's case, there was a disposal / flip of around 80% of the placing shares on the first day, with volumes hitting the same as share in issue for the whole company at that time. The forward sellers flipped and skipped away with a 0.12 average sell for a few hours work. But that is AIM, and that is how company's in a weak financial position are punished by these brokers / HNW clients. The board could have got a placing away in December for around 0.25 IMHO, had it not been for the slow disposal of stock by Mr Smith, who would obviously have had a non dilution rule to the settlement documents in his favour.

This is now hindsight, and we are now funded with approximately net £360,000 cash reserves, which will let the BOD concentrate on making this a cash generative business, unhindered by litigation and further placings for the foreseeable future. The recent placing had warrants attached at 0.225, which will become effective of course once warrant holders trigger on a higher price and when the GM on the 17th February permits shares allocation. With 418,000 warrant shares, this has the ability to generate a further £900,000 cash inflow. This will further enhance our cash position going further into the year.


I have taken a position here Friday, and will build on that position Monday. I waited to see the reversal in play, and two solid days of share price growth and one day of consolidation are enough to tell me that this share price is heading back to 0.45-0.65 area short term. I do not see the current Friday finish as anything more then a return from a deep placing, and to me 0.20 still represents a very large discount to where this share price should be today. With no litigation, cash reserves completed, further cash from warrants due and a steady income already, I can see this company returning to growth. New contracts in the pipe-line point to near term news flow.

There will always be a bullish and a bearish case in a stock like this, well you could say that about any stock in the market place today. But the down side risk is now limited in my book, and the upside reward looks to be where I want it, if I am to invest.

Just from a technical point of view, first major resistance point is 0.41, which I personally see being taken out and pushed further this week.

GB


P.s

Some snippets from recent placing RNS I thought were important.



Iain McLure, CEO of Strat Aero plc, said "The funds raised today will strengthen our working capital position at a time when tangible progress is being made at our two core divisions: Survey & Inspection Services and Commercial UAS Training & Education. Our wholly-owned surveying business, Geocurve, continues to win new profitable business in tandem with fulfilling existing contracts with its blue-chip customer base, including the delivery of specialised professional surveys over the Thames Estuary on behalf of the Environment Agency. Meanwhile in line with our strategy to position Strat Aero as the go-to provider of UAV training services and qualifications, our Asian partners have commenced the roll-out of our franchise based training solutions to train UAV operators in key markets and we have successfully launched our first UK based training course.



"We are focused on growing profitably which, combined with the strict management of our cost base, will bring forward the point when further expansion can be funded by the reinvestment of internally generated cash flows."



Use of Funds

Strat Aero, by focusing on its two core divisions, continues to develop revenue growth opportunities whilst pursuing a vigorous cost reduction programme. Reducing the Company's cash burn run rate remains a top priority within the Group with the goal ultimately that Strat Aero will become cash generative by the end of the financial year ending 31 December 2017. The Funds raised via this placing will be used to support the continued working capital requirements of the business while the Company work towards this goal.



The Company is currently renegotiating the Farina credit facility (details of which were announced on 24 November 2016) which is currently due to expire in May 2017 with the expectation that the term of the facility will be extended on favourable terms. Further announcements in respect of the Farina facility will be made in due course as appropriate.

[goldbullion] 05/2/2017 14:14

Thank you OATS, much appreciate it. Perhaps we can now discuss AERO in a more sensible forward basis for new shareholders who have just picked up a position here from what I would call the floor.

[kemche] 05/2/2017 14:13

As you know Gold the retort of those who have been challenged is a simple "set up a bull only thread". Unfortunately history has shown that those shares have turned out to be nothing other that absolute bull.

I wish you well too old chap and the very best for your investment. I suspect you know very well what the game is :) Kudos for the way you are playing it.

PS I am around most days to joust should you get bored.

[onceatraders] 05/2/2017 14:12

For the new generation of shareholder of AERO.

[goldbullion] 05/2/2017 14:10

a "BARGAIN" is always in the eye of the beholder. You simply need to ask all the hapless "investors" who ponied up at 9p, 8p, 6.25p, 1.125p, 0.5p,.


Sorry kemche I do not know any investor with that price point, are you one then? I know a few with averages of 0.12 - 0.17, do they count.

GB

[goldbullion] 05/2/2017 14:08

Kemche

On reading someof your posting history, I can see you are quite a prolific bear position poster of AERO. I am not sure anyone giving any bull posts would be acceptable to yourself or your addiction to AERO.

I believe in sharing of view points to enhance ones position, but in your case it would be a complete waste of time, as you are more interested in your views only. But that is no issue Kemche, I have been around the boards long enough to know your game here. I believe its time for a moderated board for shareholders to exchange information, rather then play tennis with a non holder, addicted to AERO through his trading positions. Well I hope so anyway, the opposite would be a burnt ex holder, spending time on a share he no longer owns haha.

Have a good day kemche, and I wish you well old chap, I am sure some will entertain you in my absence from this particular board - over to you GS please, establish a sensible thread for shareholders forthwith.

GB

[kemche] 05/2/2017 14:06

Gold,

"Lowest raise price of 0.50 and highest price of 9.00, and to think the current share price is available to new and old holders at 0.19, sounds like a bargain to me!"

a "BARGAIN" is always in the eye of the beholder. You simply need to ask all the hapless "investors" who ponied up at 9p, 8p, 6.25p, 1.125p, 0.5p,.

A 99.99% price decimation speaks a billion words - each one in a share!

[kemche] 05/2/2017 14:01

Goldbullion,

"as your bearish retort has not provided me with anything I did not know."

With all due respect Gold, if you "knew" the errors in your post that I have just pointed out, was it simply a case of carelessness that you wrote your original post?

[goldbullion] 05/2/2017 13:55

Kemche

I may have not thanked you earlier for highlighting the price the previous placings were done at, that saved me C+P from the websites.


1- it has raised GBP660,000, before expenses, through the issue of 7,333,334 new ordinary shares ('Placing Shares') at 9p per share

2 - 25,690,969 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 5p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition, 25,690,969 warrants at a price of 8p per share


3 - raised approximately GBP1.6 million (before expenses) through the placing ('Placing') of 25,344,000 new ordinary shares of 1p each ('Ordinary Shares') in the Company at a price of 6.25p per ordinary share ('Placing Shares')

4 - raised GBP400,000 (before expenses) through the placing ('Placing') of 35,555,556 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition 8,000,000 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing

5 - raised a further GBP477,250 (before expenses) by way of an additional placing (Placing') of 42,422,222 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with existing shareholders. In addition 4,242,222 warrants with a three year expiry and an exercise price of 1.125p


6 - raised GBP370,000 (before expenses) by way of a placing ("the Placing") of 74,000,000 new ordinary shares of 0.1p each ("Ordinary Shares") ("Placing Shares") at a price of 0.5p per ordinary share


Lowest raise price of 0.50 and highest price of 9.00, and to think the current share price is available to new and old holders at 0.19, sounds like a bargain to me!

GB

[goldbullion] 05/2/2017 13:49

Kemche

Thank you for the reply and a sound offensive from a bear perspective, for a moment there I thought my old friend TW had written that post, but the spelling is better haha.

This is AIM, and the reason these company are on AIM is that they are in start up positions. Hence they need this market to uplift funds to grow. Of course there are other main markets you could invest in, where a lot of the company's have moved on from start up to middle growth, but then you would not have a entry of 0.19 and a MCAP sitting around £1.4m.

I do not have to tell you this of course, I am sure you are fully aware of the different levels on the markets.

In regards to litigation, if I say that I am sure, and then you say you are sure there will be litigation, then one of us will be right. This scare story from TW is running against a brick wall, and looks to have as much a chance of being true as his price prediction at 0.12, when he said it is heading for 0.0. Try telling that to the those that took a opposite position and have now benefited to the tune of 45% increase in share price value. I am pretty sure they will have been happy to go with their research and not followed TW's media campaign against AERO. You will obviously point to the historical share price declines, but that does not interest me, as I am a new shareholder, and my position is from 0.17 upwards.


No need to rewrite my summary kemche, just a opposing bear view would have sufficed. I presume you are not a current shareholder, will not be a future shareholder and will call this a barge pole stock. Wish you the very best with your other investments, time spent on those will certainly help, as no point wasting a good Sunday on us doomed AERO holders haha.

I will add more AERO Monday, as your bearish retort has not provided me with anything I did not know.

GB

[kemche] 05/2/2017 13:27

Gold bullion:
" was it a case of issuing confetti on a regular basis, the answer is simply no."

Errr, I think the answer is a resounding YES! I make that EIGHT fundraisings in the last 23 months - that is an average of once EVERY THREE MONTHS! And that is ignoring the 44m to HS or the final payment to Geocurve owners in yet more confetti!



10/03/2015 07:04 UK Regulatory (RNS & others) Strat Aero PLC Raises GBP660,000 for UAV Opportunities
"…it has raised GBP660,000, before expenses, through the issue of 7,333,334 new ordinary shares ('Placing Shares') at 9p per share ('the Placing')…."


15/10/2015 14:03 UK Regulatory (RNS & others) Strat Aero PLC Raised £1.28m to Support Integrated UAV Operations
"…it has raised GBP1.28 million (before expenses) through the placing ('Placing') of 25,690,969 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 5p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition, 25,690,969 warrants at a price of 8p per share with a term of 1 year are to be issued to subscribers of the Placing, subject to shareholder approval…"


11/12/2015 07:00 UK Regulatory (RNS & others) Strat Aero PLC Acquisition of Leading UAV Technology Company
"…it has raised approximately GBP1.6 million (before expenses) through the placing ('Placing') of 25,344,000 new ordinary shares of 1p each ('Ordinary Shares') in the Company at a price of 6.25p per ordinary share ('Placing Shares') with both new and existing shareholders, largely to fund the Acquisition…"


12/04/2016 07:00 UKREG Strat Aero PLC Issue of Equity
"…it has raised GBP400,000 (before expenses) through the placing ('Placing') of 35,555,556 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with both new and existing shareholders. In addition 8,000,000 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing…"


20/04/2016 09:31 UKREG Strat Aero PLC Issue of Equity & Notice of General Meeting
"…it has raised a further GBP477,250 (before expenses) by way of an additional placing (Placing') of 42,422,222 new ordinary shares of 1p each ('Ordinary Shares') at a placing price of 1.125p per ordinary share ('Placing Shares') with existing shareholders. In addition 4,242,222 warrants with a three year expiry and an exercise price of 1.125p have also been granted in connection with the Placing…"



25 August 2016

Strat Aero plc ("Strat Aero", the "Company" or the "Group")

Issue of Equity and Trading Update

Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle ("UAV") sector, is pleased to announce that it has successfully raised GBP370,000 (before expenses) by way of a placing ("the Placing") of 74,000,000 new ordinary shares of 0.1p each ("Ordinary Shares") ("Placing Shares") at a price of 0.5p per ordinary share ("Placing Price").


24 November 2016
Short Term Loan Facility

Strat Aero has executed a GBP300,000 six month loan facility with a secured fixed and floating charge with Farina Investments (UK) Ltd at an interest rate of 25% over the six month term. The short term loan will be used to provide adequate working capital for the Company through to mid Q1 2017 which will enable management to focus on continuing to grow the business in line with its stated strategy.

24 January 2017

Strat Aero plc / Index: AIM / TIDM: AERO / Sector: Support Services

24 January 2017

Strat Aero plc ("Strat Aero", the "Company" or the "Group")

Issue of Equity

Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle ("UAV") sector, is pleased to announce that it has successfully raised GBP380,000 (before expenses) by way of a placing ("the Placing") of 380,000,000 new ordinary shares of 0.1p each ("Ordinary Shares") ("Placing Shares") at a price of 0.1p per ordinary share ("Placing Price"). In addition, 418,000,000 warrants with a two-year expiry and an exercise price of 0.225p have also been granted in conjunction with the Placing. The funds raised will be used for general working capital purposes.


"we are now funded with approximately net £360,000 cash reserves,"

Errr NO! Net cash reserves would imply that the company does not have debts - is that really so????? As at the end of June 2016 they had short term liabilities (payable in less than 12 months) of £1.677M! Add to that the WONGA repayment of £300k PLUS interest and I make that substantially LESS that a net cash position. In fact some may say that it is whopping debt position.


"Now this brings me to the current share price. Most of these small AIM company's raise funds in January, unfortunately the board are not what I call market savvy,"

Unfortunately I disagree with you - I would say that they are so savvy that they have managed to raise funds in MARCH, OCTOBER, TWO IN APRIL, AUGUST, NOVEMBER AND JANUARY.


"unhindered by litigation"

Are you absolutely, categorically saying that there is no pending litigation???? You are absolutely sure???

"With no litigation, cash reserves completed, further cash from warrants due and a steady income already, I can see this company returning to growth. New contracts in the pipe-line point to near term news flow."


Let me rewrite that for you:

With further litigation anticipated, cash reserves depleted, further cash from warrants needed and continued losses expected, I can see this company returning to shareholders. No material new contracts in the released RNS point to near term flaws.

[goldbullion] 05/2/2017 07:01

I have followed this little company for a year now, it has been in my watch list as a potential investment. I have held off from making that investment, to which I will explain later in this post, even though I was very bullish on its long term prospects.

Let us look at some of the historical prices points here. Back in early 2016, we see a channel price point from 4.40 to 1.10. This share price decline was impacted by the litigation with W. Hulsey Smith, and the subsequent cost of issuing legal proceedings and defending counterclaims. This is well documented in the annual accounts for the period in question and the resulting write down of assets at the time. By the time the company reached settlement on the 29th September 2016, the share price had declined to 0.75. Now W. Hulsey Smith was issued with approximately 44m shares at the time, as the bulk of the settlement, this of course did not help reverse the share price decline it actually impacted it more, as Mr Smith then off loaded this stock into a low volume period from October to December, pushing the share price down to 0.25 / 0.35 range. This is the reason the share price / market cap is where it is, it has actually won some good contracts and in my mind will win more in the coming months and years.

I highlight the above, as it is sometimes better to seek clarification of the historical price movements in these little tiddlers, is it the board, was it a case of issuing confetti on a regular basis, the answer is simply no. It was a case of a long drawn out litigation and its resulting impact on the share price for a period of a a year.

Now this brings me to the current share price. Most of these small AIM company's raise funds in January, unfortunately the board are not what I call market savvy, they are excellent in their field of professionalism, hence they are good for the business point of Strat Aero. To me this looks like a Beaufort Securities Limited placing to its clients, a group of wealthy flippers on the books who have taken the board of AERO for a ride by asking it to do a deep placing at 0.10 to satisfy its greedy high net worth clients. You can always tell a deep discount placing by the pace of the forward flip on the day of the placing announcement. In AERO's case, there was a disposal / flip of around 80% of the placing shares on the first day, with volumes hitting the same as share in issue for the whole company at that time. The forward sellers flipped and skipped away with a 0.12 average sell for a few hours work. But that is AIM, and that is how company's in a weak financial position are punished by these brokers / HNW clients. The board could have got a placing away in December for around 0.25 IMHO, had it not been for the slow disposal of stock by Mr Smith, who would obviously have had a non dilution rule to the settlement documents in his favour.

This is now hindsight, and we are now funded with approximately net £360,000 cash reserves, which will let the BOD concentrate on making this a cash generative business, unhindered by litigation and further placings for the foreseeable future. The recent placing had warrants attached at 0.225, which will become effective of course once warrant holders trigger on a higher price and when the GM on the 17th February permits shares allocation. With 418,000 warrant shares, this has the ability to generate a further £900,000 cash inflow. This will further enhance our cash position going further into the year.


I have taken a position here Friday, and will build on that position Monday. I waited to see the reversal in play, and two solid days of share price growth and one day of consolidation are enough to tell me that this share price is heading back to 0.45-0.65 area short term. I do not see the current Friday finish as anything more then a return from a deep placing, and to me 0.20 still represents a very large discount to where this share price should be today. With no litigation, cash reserves completed, further cash from warrants due and a steady income already, I can see this company returning to growth. New contracts in the pipe-line point to near term news flow.

There will always be a bullish and a bearish case in a stock like this, well you could say that about any stock in the market place today. But the down side risk is now limited in my book, and the upside reward looks to be where I want it, if I am to invest.

Just from a technical point of view, first major resistance point is 0.41, which I personally see being taken out and pushed further this week.

GB


P.s

Some snippets from recent placing RNS I thought were important.



Iain McLure, CEO of Strat Aero plc, said "The funds raised today will strengthen our working capital position at a time when tangible progress is being made at our two core divisions: Survey & Inspection Services and Commercial UAS Training & Education. Our wholly-owned surveying business, Geocurve, continues to win new profitable business in tandem with fulfilling existing contracts with its blue-chip customer base, including the delivery of specialised professional surveys over the Thames Estuary on behalf of the Environment Agency. Meanwhile in line with our strategy to position Strat Aero as the go-to provider of UAV training services and qualifications, our Asian partners have commenced the roll-out of our franchise based training solutions to train UAV operators in key markets and we have successfully launched our first UK based training course.



"We are focused on growing profitably which, combined with the strict management of our cost base, will bring forward the point when further expansion can be funded by the reinvestment of internally generated cash flows."



Use of Funds

Strat Aero, by focusing on its two core divisions, continues to develop revenue growth opportunities whilst pursuing a vigorous cost reduction programme. Reducing the Company's cash burn run rate remains a top priority within the Group with the goal ultimately that Strat Aero will become cash generative by the end of the financial year ending 31 December 2017. The Funds raised via this placing will be used to support the continued working capital requirements of the business while the Company work towards this goal.



The Company is currently renegotiating the Farina credit facility (details of which were announced on 24 November 2016) which is currently due to expire in May 2017 with the expectation that the term of the facility will be extended on favourable terms. Further announcements in respect of the Farina facility will be made in due course as appropriate.

[loverat] 03/2/2017 18:05

Sweet Karolina

The fact many long registered folk on this site say they have met me should really set off alarm bells about your MO on this site. Some people have been through all the naive rubbish you are now posting.

If you were less aggressive, more reasoned and less opinionated and posted in context and honestly people might warm towards you. There is obvious intelligence there but tribal behaviour seems to govern howt you post.

Keep away from TW is my advice. He is either driving your trading behaviour to the detriment of ordinary investors - or he is distorting your brain with his ideology.

[andy] 03/2/2017 13:40

Kemche,

A deposit account may be negative interest rate after inflation, but a least you lose money slower than at AERO!

-90% in a few months is some drop!

Yet Dennis is still "happy"! LOL!