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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

Post by pikeroo_007on Dec 30, 2016 1:52am
124 Views
Post# 25652596

Halt

HaltAlthough things look dark right now one needs to not lose hope. Go look at FGD.V Company was trading at 2.5 cents, then it got halted for non compliance. The halt lasted for approximately 4 long months. Like Simba Energy the reasons for the halt were a series of non compliance issues. So although we think Star's issues could be very serious, maybe they are not that bad if you compare with other halted stocks. Now the story with FGD.V resumes to trading again and within a month of being back it exploded from 2.5 cents to 36.5 cents. Not saying this will be the Star story, but I will say it would be nice!! Comforting to see positive stories in this dark time.
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