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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 focuses 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 the 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 of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMIDivision (Military and Defence) designs and manufactures high performance, mission-critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. The STAR-V-TRK system is its small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains, trucks, and others.


CSE:SNA - Post by User

Comment by PeterPiperon Nov 05, 2013 5:24pm
119 Views
Post# 21878922

RE:RE:RE:RE:RE:Wrong BB

RE:RE:RE:RE:RE:Wrong BBYou are ridiculous.  The reason FLY is still losing money is the large cost for R&D for the 228.  If they had stuck with just the 220 they would have been cash flow positive for the last few years.  Any company that wants to grow has to develop its next generation hardware or they will eventually get left behind.  Star, on the other hand, has not generated any income on its initial offering, after how many years?!

Keep up with your guff.  It will simply frighten even more potential new investors from your POS company.  Oh, I forgot, you now have a real estate ssalesman as part time sales manager, trying to sell Star's  product, since Airbus' sister company could not make any headway.

I have no problem with management paying themselves decent salaries, when they deliver.  Viraf, who has delivered nothing, isn't paying himself because that would just eat up the money they took in by diluting your investment.

Piper
Bullboard Posts