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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 rxgcaon Dec 19, 2015 6:27pm
56 Views
Post# 24398497

RE:RE:RE:RE:RE:Will we see it?

RE:RE:RE:RE:RE:Will we see it?
CH wrote "The only smoke and mirror tricks I see are on flyht's board and the manipulation that's going on over there. Struggling to keep the SP above .20 cents in hopes that warrants will be exercised before they expire next week. Maybe they can come up another series of IF and MAYBE PR's before the "best before date"."

CH, you made the above statement with nothing to back it up with. Did you seriously think that it wouldn't get a response? I provided you two years of press releases for your investment with some very interesting coincidences on timing but instead of defending those examples you went into deflection mode. I'd really like for you to present the FLY press releases to back up accusations, FLY's are very easy to find right on their website, many years worth. Have at it.

"IF and MAYBE PR's", you saying that is actually very funny considering how many contract's SNA has announced for sales of  ISMS over the last ten years with all except maybe one never having been completed not to mention all the other agreements to work together, ICG and CMC to name just two recent ones.

Let me explain a pipeline to you since this is obviously something you haven't experienced with your investment. Airlines place orders for future installation on their aircraft during planned C Checks which could take up to eighteen months to complete. They pay nonrefundable deposits which show on the financials as unearned revenue. When the installation is going to take place the balance is paid and the kit is shipped. Does that clear it up for you? Pipeline orders take time to fill, right now there should be between 250-300 just for China and the new contract announced in the fall. Will they all happen. Things change so there's no guarantee but we do have the deposites.

Be clear, it's not so much criticisim of SNA as it is the BL BS and guys like you with their heads so far up their a s ses they don't know fact from fiction. For me it's just fun calling you out just to see how little you really know about what you've invested in. I have traded SNA in the past and would again if/when something of substance starts to play out. I don't want SNA to fail, there's plenty of market opportunity for both plays to make money and compete with the other players. Besides, if the did fail then you and I wouldn't have these wonderful conversations. ;))
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