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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 Golfdaddy55on Dec 09, 2022 3:39pm
250 Views
Post# 35162585

RE:Valuation based on future revenue

RE:Valuation based on future revenuePikeroo_007   the biggest mistake is your misundestanding of P/E ratio. It means price earnings ratio not revenue earnings. Last year's audited statements show that SNA has expenses of more then $4,400,000 which means SNA would still be in the hole by $1,200,000 even with $3,200,000 in revenue.  SNA fully diluted is at least 987,000,000 shares. At 3 cents that gives SNA a market cap of $29,000,000.  Not bad for a company that has never sold an ISMS unit to date. 

Good luck to all
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