StratechSystems   

Watch Out For This Gem

Its SHOCKING what kind of COMPANY is this ?

Husband and wide approving their own re reimbursement one  did I read it wrongly ?

Should be referred to CPIB leh IF its true..

Go read and comment . I may have mis read.

Company only do adjustment after some one wrote to SGX to complain a list of allegations...


GEM someone said ?  NO comment. Lucky earlier sold all my holdings..


http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F163EA64EDBC9970482579BD0043C936/$file/EXECUTIVE_SUMMARY.pdf?openelement

AnthonyTan      ( Date: 09-Feb-2012 14:10) Posted: Have been sleeping for very long oreli. Haven't wake up yet.

 

Have been sleeping for very long oreli.

Haven't wake up yet.

 

Stratech Systems Limited announced that the company is proposing to undertake a renounceable non-underwritten rights issue of up to 345,576,974 new ordinary shares in the capital of the Company at an issue price of S$0.018 for each Rights Share

http://sgsharemarket.com/home/2011/08/singapore-company-highlights-29082011/?=Stratech

 

 

Singapore Military Procures BullsEye

" This contract covers the supply, delivery, installation, testing and commissioning of an integrated bomb and gunnery scoring system," Stratech officials said.

The BullsEye II is an advanced weapons scoring system that fully automates the scoring, recording and management of firing results in weapons training and defense exercises. The system can be used for the army, navy or air force and is configurable for different terrains.

" Stratech has been in the forefront of advanced technologies," said David K.M. Chew, executive chairman. The company is principally engaged in the design, development, integration, implementation, maintenance and project management of information technology and advanced technology systems.

BullsEye is powered by Stratech's proprietary Intelligence Vision technologies, which is a " proven product that has been deployed and currently used by air forces and navies from several countries," according to a company press release. " The automated scoring system is capable of accurately scoring weapons impact day or night for air, sea and land forces and weapons development agencies."

In August 2009, the company sold the BullsEye II system to South Korea.

 

Stratech wins $1.5m contract to supply Super BullsEye II system

WRITTEN BY THE EDGE

WEDNESDAY, 16 FEBRUARY 2011 18:40

Stratech Systems today announced that it has secured a contract from Singapore’s Ministry of Defence (Mindef) for its next-generation Super BullsEye II Advanced Weapons Scoring System. Valued at $1.46 million, this contract covers the supply, delivery, installation, testing and commissioning of an integrated bomb and gunnery scoring system. The Super BullsEye II Advanced Weapons Scoring System is powered by Stratech’s proprietary Intelligent Vision technologies. A proven product that has been deployed and currently used by air forces and navies from several countries, the automated scoring system is capable of accurately scoring weapons impact day and night for air, sea and land forces and weapons development agencies. Its distinctive advantages include the ability to score over land and on water, its scoring accuracy, fast impact point measurement, as well as comprehensive scoring analysis. In totality, the revenue from the contract is expected to be recognised in FY2011 and FY 2012.

 

Come on man, don't mislead other with such info.

Its was years since its at 3 to 4 cents..

The highest it hit when being played by BB is around 10.5 cents.

Italways annouces contract but never negerate interest............. they have  Air port safety projects...even wins project of US Army. It just be a high security cleared form then could get contract from the US Air Force..

But the 4 cents market value already taken all those into considerations...

Such company need very high cost to operate.... need to generate BIG BIG revenues then make little profits..

Amazing fact is that its a bout Technology.. and technology are known to increase productivity.

IE. Minimum  expenses, maximum gain but they are opposite, Can make 100 Million dolar revnue but profits is just 4 million ? Just example... the the true figure but the true fact.

A lot of complany are like that...

DMX is another one...100 over millions revnue  from  lots of projects...profit..like US 9 million whole year ?

Read their report to know the exact revenue vesus Profit ratio..

A company that needs to generate high revenue just to break even, when hitting bad times is under the water one even if you make revenue of 100 million ...

The Bankrupted AKIRA parent conpany  TT INTNL....

Can  make revenue of almost 1 Billion...yet still may be in the RED one...

800+ million revenues..still making looooses... in 100 of millions...those figure one...

A lot of compnies are like that one.... hardly break even after taking away running overheads..

Just collect enough to pay next due rental and pay salary..almost all gone and repeat for years...

Such companies enjoys being listed- because if worst case- issue right la... or issue bonds... to offer cheap new share when mature.. or don't care 3 years later than talk about it.. past one cycle then worry fore the next one... ist like think about this mopnth survival firstthen when alive" talk about next month how..

I am sure many of you know what I meant...

If a company is making consistant profits and forsee that it don need public funds  again.... why listed ? Buy share back at low value and delist la... like  some companies does... then when cannot make money..again u see them form another company get listed again... either change name list on same Exchange.. or list elsewhere where its main business is like China(HongKong) or  Taiwan.............. the come good times...volunteer delist.. go private... then repeat... :)

Just speaking out my mind... from what i observed.... don't  take all my words ars truth as its not meant to be for reference. nor accurate..... do your own judgement..:) 

gigi_388      ( Date: 23-Jan-2011 09:30) Posted: WAS $1.10.....now.....4cts........2..yrslater....$....2.00.....hehehe.......dreams keep us alife.......................hehehe................its not expansive it command that price lah than....just like now its not  cheap either.........so as it move towards $2.00 it is still value for money........MR, market said one hor..............hehehe  soloman      ( Date: 01-Oct-2010 18:35) Posted:  last time this ipo was quite expensive  now become 4 cts stcok  what a shame to investor

 

if worse to worse, the company can still sell off its office space at Jurong East... it has got some lawsuits here and there affecting earnings visibility but more worrying is how is the company able to grow its revenue by securing contracts from other than the Singapore government

 

WAS $1.10.....now.....4cts........2..yrslater....$....2.00.....hehehe.......dreams keep us alife.......................hehehe................its not expansive it command that price lah than....just like now its not  cheap either.........so as it move towards $2.00 it is still value for money........MR, market said one hor..............hehehe 

soloman      ( Date: 01-Oct-2010 18:35) Posted:  last time this ipo was quite expensive  now become 4 cts stcok  what a shame to investor

 

May be salted fish breathing liao

 

Durian tree flowering liao..........wait see ....will bear mountain cat durian........or  not.........

 

0.005 cents

krisluke      ( Date: 07-Jan-2011 22:47) Posted:  today went up 0.05 cents. "Shares of Singapore technology firm Stratech Systems rose as much as 43 percent after it said it plans to buy an 80 percent stake in Global Telecom, a company incorporated in South Korea, for $7.6 million. At midday, Stratech shares were up 14.3 percent at S$0.04 on a volume of 52.9 million shares."

 

 today went up 0.05 cents.

"Shares of Singapore technology firm Stratech Systems rose as much as 43 percent after it said it plans to buy an 80 percent stake in Global Telecom, a company incorporated in South Korea, for $7.6 million. At midday, Stratech shares were up 14.3 percent at S$0.04 on a volume of 52.9 million shares."

 

Proposed Acquisition by Stratech Systems Limited ("The Company") of 80% of the Equity Interest in Global Telecom Co., Ltd. ("Global Telecom"), Korea from Asia Media Systems Pte Ltd. ("Asia Media Systems")- Execution of Term Sheet  

 

Stratech is an IT systems and technology developer, evolving into a leading, world-class e-business infrastructure and Internet enabler capable of providing innovative technology-intensive solutions for the knowledge based economy. Established in 1989, Stratech is today a focused techno-centric player with two business divisions, viz. its technology-intensive IT division and its e-business enabler division.

The Company started in 1989 as a manufacturers' representative for US and European high technology suppliers to industries in the Asia Pacific region serving as the marketing and sales arm of the manufacturers as well as managing all aspects of customer orders, including delivery to customers, payments and in some cases implementation. In the early 1990s, the Company became a systems integrator and developer, mainly making use of third party technologies and products to undertake large-scale IT projects. Later, the Company developed its own technologies and ventured into computer vision and intelligent transport systems.

Since 1996, the Company has evolved into a systems and technology developer for e-business IT projects. Some of these projects were a passenger information kiosk system for the Hong Kong airport and a medical claims proration system for the Singapore Civil Service. The Company has developed an online Certificate of Entitlement open bidding system for the Land Transport Authority.

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Nobody is interested in this counter at this moment.

Anyway, let's wait and see lol.

 

Your liability is oni 4 cts per share. So very cheap.

Worth a bet.

 

OH OH! just found the system all driver hate most is also by them leh....wat sys leh.....hehehe....that one that bip.....every time you passes by...that one that Jack neo 's movie "money not enough" feature ...at the start leh.......ERP system lor...hehehehe......#$@%&*^..........hehehe.....

 

WAH! you so hot ah! you kena IPO price is it?.....doN't lah.....they are a lot worse one hor..........see china milk..before suspension still trading up and so many people still say how good it is.......then kena.........this one may not see IPO price in a long time  .,,i do agree......give it a bit more time lah....still got some servicing contract at hand...still got some airforce want to buy the bull eyes system.....still got a few thousand airport wanting to fit the FOD tracing..detection system.....still got a few billion dollar worth of UNmanned aerial vessel...this one got a bit potiential.....( those that the US army use to bomb the taleban in Pakistan)this one  JV with isreal company........home land security height ......detection........underwater detection.......and look at their client list.........from the company website...hor...Client List

Our expanding list of customers include public and private organisations in Singapore and other countries:

really baffles me how come this company did not make it Big......hehehe that why I said give a bit more time let the Mr.Lim Soon Hock do his magic...and turn this one around......hehehe...do be to hot lor.....cool down cool down...heheeh...life is to short to burn it away.............................. Down by the river where the water flows..............hehehehe

Alcatel, Shanghai Australian Federal Police, Singapore Citibank, Singapore Civil Aviation Authority of Singapore CPG Corporation Credit Bureau of Singapore Daimler Chrysler Services, Singapore EDS, Hong Kong Hong Kong Airport Authority Hong Kong Immigration Dept Honeywell, Singapore Indonesian Air Force, Indonesia Indonesian Navy, Indonesia Infocredit D&B (Singapore) Pte Ltd Johnson Controls Keppel Fels Land Transport Authority, Singapore Maybank Maritime Port Authority, Singapore Media Development Authority Ministry of Defence, Singapore Ministry of Defence, Thailand Ministry of Education, Singapore

Nanyang Technological University National University of Singapore Overseas-Chinese Banking Corporation, Singapore Pakistan Air Force Prime Minister's Office, Singapore Public Works Department, Singapore Republic of Korea Air Force Republic of Singapore Air Force Republic of Singapore Navy Shanghai Urban Construction Group Shanghai Municipal Government, China Singapore Parliament Singapore Post Standard Chartered Bank, Hong Kong The Boeing Company The Development Bank of Singapore The U.S. Government United Overseas Bank, Singapore United Nations Washington Group International

soloman      ( Date: 23-Oct-2010 11:58) Posted: THESE ARE THE TYPE OF DEAD END STOCKS LIKE LIANG HUAT ,,,,,,,,,, ETC DO NOT WASTE YOUR TIME ON IT ............. CAN NEVER BE BROUGHT BACK TO IPO PRICE AGAIN ..... SHOULD NEVER BE ALLOWED TO LIST .... THATS WHY FORMER SGX HEAD SAY TO BEWARE , DO HOME WORK ... BUT I DISAGREE - IT SSHOULD NEVER BE ALLOWED TO LIST ACTUALLY ....

 

THESE ARE THE TYPE OF DEAD END STOCKS LIKE LIANG HUAT ,,,,,,,,,, ETC

DO NOT WASTE YOUR TIME ON IT .............

CAN NEVER BE BROUGHT BACK TO IPO PRICE AGAIN .....

SHOULD NEVER BE ALLOWED TO LIST ....

THATS WHY FORMER SGX HEAD SAY TO BEWARE , DO HOME WORK ...

BUT I DISAGREE - IT SSHOULD NEVER BE ALLOWED TO LIST ACTUALLY ....

 

hehehe........

gigi_388      ( Date: 23-Oct-2010 11:34) Posted:  Tks awcheemeng for yr advices...