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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 Feb 26, 2016 2:36pm
56 Views
Post# 24599631

RE:RE:RE:RE:RE:Star TTT & China

RE:RE:RE:RE:RE:Star TTT & ChinaOh, so your smarter than me. Big deal, so are many others. If you are so smart, however, how come you are in this stock? I have lost $200, how far down are you? 

The main problem for Star is time. No matter how promising the propects seem, and the potential revenue, they are in a big hole. They have a debt to pay very soon and projected sales for this year barely cover that. What about operating costs going forward, not to mention the development, marketing and sales costs associated with this new venture? This major sale you speak of has been talked about on this board for years. Even if it came tororrow, do you think it would turn into hard cash in time? You may well be smarter than me, but you have not thought this thing through.

Piper

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