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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

Comment by Manipulatedon Aug 10, 2022 8:05pm
306 Views
Post# 34886867

RE:Another Order

RE:Another Order

I think the reason why the share is not moving is probably a reluctance in the long term holders to purchase shares at these prices. Maybe it's in part to not really believing that anything will come out of the LOI's who knows. 

The truth of the matter that this time around sales are actually coming in. An LOI that was also recently pr'd HAS transpired into sales!

A $2.9 million order for Swiss Aviation for 9 Star A.D.S. across 4 different airline companies. 


An interesting quote from Chief Operations Officer, Mr. Cliff Mwachola, in today's press release ...
The incorporation of Star's STAR-ISMS® into our operations will provide S.A.C. with the kinds of operational efficiencies and safety standards that we could only dream of until we discovered Star.

It pretty much cements this LOI into another sale.

A quote from Star's CEO...

"
Far from resting on our laurels, we are now leveraging this success with our continued sales and marketing efforts to deliver what we expect to be even more and bigger agreements for our shareholders."

And I would like to highlight "we 
expect to be even more and bigger agreements for our shareholders."

Sounds like more come

 

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