Strat Aero Share Discussion Threads

[pottermagic2310] 08/2/2018 09:51

So the new News amounts to nothing more than GeoCurve doing exactly what it does with the primary Customer it does it with, again, for another 3 years - £30.5k a month Revenue... what's new ? GC still employs a swathe of people to conduct its business-of-the-day, at the usual Costs.

This is not SA doing anything of any great benefit, it's just the primary Asset (GC) continuing to plod along doing what it does.

[andy] 08/2/2018 09:31

Nextlink,

So £1.1 million over 3 years equates to £30,000 per month Revenue.

What is the margin on that revenue?

To make an informed view, you need to know what it will do to the bottom line.

AERO burn through quite a bit of cash per month, it used to be £100K per month, now it will be less for sure, but we don't know how much less at the moment.

[nextlink] 08/2/2018 09:25

Still quiet here, considering the news we have just had.

[the stigologist] 29/1/2018 16:56

Sounds about right

The involvement of Frauddy just gives it a bigger whiff than usual

I don't know why a decrepit 70? year old would bother any more

Retire to the sun / spend time with your family

Why mug off AIM mug punters just to pad out your bank balance ?

[cudmore] 29/1/2018 13:08

New board normally is a positive. Holding for the short term expecting a rise on news flow.

[kreature] 29/1/2018 12:57

but I guess there may be more than meets the eye behind the departures? No point flogging a dead horse I suppose. Will take another look before Spring

[kreature] 29/1/2018 11:12

Reduced cost base....and out with the old etc

'the Company's Director of Engineering & Survey, will continue to manage this division'

'I am confident that with these changes the Company has a reinvigorated Board now able to deliver shareholder value from a significantly reduced cost base"'

[kemche] 29/1/2018 10:37

I for one am truly shocked!

Aherrmm....

[pottermagic2310] 29/1/2018 09:19

Strat Aero was down 3.9% after saying Executive Chairman Graham Peck and Chief Executive Iain McLure are to leave the company as it also discontinues training operations following a review of the division's funding.

LOLs... "training" amounted to nice trips abroad each quarter on company expenses.

[pilotov] 29/1/2018 09:02

Three part-time execs (with little knowledge of the UAV industry) out, and two part -time execs (with no knowledge of the UAV industry) in. I think we will shortly discover that SA is being used as a shell for some other non-drone activity. What could possibly go wrong?

[andy] 29/1/2018 08:47

Photon,

A certain phrase about rats and ships in distress springs to mind!

Yes let's see how this is spun out, I can;t imagine people have walked the plank without a financial incentive to do so or there would be more litigation.

I guess the monthly costs will fall, but I though training was one of their big growth areas?

[photon] 29/1/2018 08:32

Presumably all part of the plan.TB polarises people.Now the clear out is complete, let's see what he and NB have up their sleeve here. Emperor's new clothes or masterplan? Either way, you can't say it's not entertaining.

[theklf] 29/1/2018 08:06

Trouble at t'mill

[the stigologist] 29/1/2018 08:00

AERO won't be 'droning on' much longer

[the stigologist] 29/1/2018 08:00

Crash Landing for AERO

[the stigologist] 29/1/2018 07:56

Wonder how much will be being paid out so all those Executives walk the plank nice and quietly rather than sue the Company for wrongful dismissal/constructive dismissal etc

[kreature] 28/1/2018 10:58

well we know it doesn't need to be a good company with net profit for the share price to rise. POS with potential is enough IMV. They'll probably chuck us a few bones anyway

[andy] 27/1/2018 20:18

Cudmore,

I see you're spreading British Bull's rubbish around the BB, do you have a connection to them by any chance?

[andy] 27/1/2018 12:03

kemche,


Some people seem to think that's a good thing!


kreature,

Yes and quite a high cahburn each month, so no sooner do they raise it than it starts to dwindle, and then it's back to the mug punters to raise some more!

I cannot believe how they have managed to sell the last few placings, they must have some damn convincing salesmen at these 'brokers', and I use the term loosely!

[kreature] 26/1/2018 10:40

Not going bust today then. Cash in the bank

[kemche] 26/1/2018 10:00

5.4 billion shares in issue!

[andy] 26/1/2018 09:53

cudmore,

Please explain the potential you see, what value you attribute to AERO, and why.