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Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data System (STAR-A.D.S.). The STAR-A.D.S. system has real-time capability with GADSS capability tracking, all aircraft systems performance trends and predicting incident-occurrences, which enhances aviation safety and improves fleet management. In addition, Star Man, Machine, Interface (MMI) Defense Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. STAR-V-TRK system is a small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains and trucks.


CSE:SNA - Post by User

Post by pikeroo_007on Apr 05, 2022 10:58pm
272 Views
Post# 34579060

From the sidelines

From the sidelinesI do wish Star a lot of success. Their technology is a must in today's Big Data Environment. With that being said don't get caught up in the excitement as this company came very close to cease to exist. Bigger technology providers have a better chance of success than this small fish. It would be prudent to stay on the sidelines until Star stock has demonstrated continued success. Today's announcement has shown immediate success to improve it's shareprice by an astonishing 75% from 2 cents to 3.5. Retail traders then got excited and started buying in droves. I would question why the shareprice then got sold into all the excitement to knock it in a hair above 2.5. I certainly question this price action. Be careful and patient. Paying a premium is ok for a safer play. Star show this man, the success of more contracts and an apreciative shareprice and let retail then move in a safer manner pushing the shareprice higher. This is not yet a sound investment. Not in my books.
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