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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 Mar 03, 2023 8:58am
378 Views
Post# 35317045

Did you guys read md&a?

Did you guys read md&a?I suggest you read it with an analytical approach.  Ask yourself what is happening with the company.  Also ask yourself what has already happened with the company, what has been pr'd already.  There is a lot of material already there to send the SP to orbit.  Well orbit I mean a minimum double from here.  That is on pr's only as I already mentionned that previously.  In the MD&A they mentionned being in talks with Egypt Air, Enthiopian airlines, United, Petra Aerospace, Safran, and Caverton.  Cost of insurance doubled, ask yourself why?  Office and General again doubled the spending.  Consultant costs from 115k to 460k.  Investor relations from 2k to 72k.  Travel costs from 48k to 102k.  Wages doubled as they hired new personnel.  My friends you have in front of your eyes a company that is in full expansion.  Yeah the burn rate is high....yeah the revenue is thin, only 180k left in cash.  A dying penny stock will cut costs as much as possible in order to survive.  This company has little money left, but they will find a way to finance it's existence and that is where it all gets interesting.  Hold on to your hats, as the CSE index chart of penny stocks has been zig zagging up and down accumulating.  When they let go of that coil spring, you will see SNA stock surge as will the others on the index.  Time to hedge your money on stocks.  Pick your best ones!  Best of luck in your pickings!
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