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Bullboard - Stock Discussion Forum 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... see more

CSE:SNA - Post Discussion

Star Navigation Systems Group Ltd > Did you guys read md&a?
View:
Post by pikeroo_007 on Mar 03, 2023 8:58am

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!
Comment by Manipulated on Mar 03, 2023 11:11am
Wow MD&A mentions quite a few potential airline customers.... Egypt Air, Ethiopian airlines, United, Petra Aerospace, Safran, and Caverton.  The 2 that stand out are Egypt Air and..... United???...wholly cow!  
Comment by pikeroo_007 on Mar 27, 2023 6:50pm
Reminder.....in full expansion!
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