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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 TonyMontana3on Apr 20, 2022 12:11pm
163 Views
Post# 34616803

RE:RE:Sna stock. Prove yourself

RE:RE:Sna stock. Prove yourselfIts best to watch on the sidelines to see what Star can do. I would however disagree that the PR's are recycled. Star hasnt had third party validation of the technology and a solid partnership before as they have with FlightPath. To host their own Aviation Safety Conference in Kenya is a bold move. Lets see if Star can get any sales from this. They are clearly burning through alot of cash. Dubai Airshow, Singapore Airshow, Kenya Conference, India Wings show. Thats alot of money! I can see PP coming soon.
They are clearly pushing on the marketing as well with so many interviews with stockhouse and agoracom. This is definitely a new Star strategy. They have a proven product which is certified and its  time to now sell. 
I am excited about the sales order. This is the first order for the new team and the conditions are for the leasing company to fulfil their order, and not for Star. Star has a sale and an installation plan by the end of the year, which is not something we have seen before. I will ask management the status of the installation at the next AGM.
I bought some more shares, but will wait to see if any more sales materialize.
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