StratechGroup   

Stratech fortune is changing

The good news are: 
1) shareholders can now stop bleeding and have peace of mind ...
2) shareholders need not pay the taxman, credictors, employees, landlord, suppliers, etc...

It is very fair:
What minority shareholders
and controlling shareholder
will get back is equal   

Amount each shareholder will get back  = $0.00/-

 

Wounding up soon, as announced in SGX yesterday.

 

Suspended for one year liao

SGX announcement said still owned staff salary and CPF
still lossing money
creditors already gone to court yet no money to squeeze out

creditors rejected restructure plan ... i.e. creditors  prefer bankrupt instead so ...
Expect to declare bankrupt any time in 2018

Die hard supporters who said " cai shen" smilling at him and that " little" tiny " ones" loss big big loh ...

 

Bankrupt or about to?

 

Looks like this is going to be the case in FY17 and the market value of the shares have been wiped out to a certain extent since the consolidation exercise... thanks to the MTP requirements.


Just my personal views.

tch77_pt75      ( Date: 25-Apr-2017 12:19) Posted: Dropping below the projected issue price of RIGHTS. Sooner or later, it will be the same price as before consolidation....spontaneous combustion of the shares!!! tch77_pt75      ( Date: 24-Mar-2017 17:54) Posted: I think the past history of the share price shows the tell-tale sign about the prospect of this company. If really that good as compared to the big boys, it should have been acquired long ago. At this current share price, wouldn't it present an opportunity for big boys to acquire it.? I could be wrong but these are points to be pondered. Just my personal views.

 

Will it benefit Stratech to compete with the big boys?

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$1b fund to help innovators turn ideas into assets
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A billion-dollar fund has been launched to help promising companies with strong intellectual property (IP) take on global markets.

The Makara Innovation Fund (MIF), a partnership between the Intellectual Property Office of Singapore (Ipos) and Singapore-based private equity firm Makara Capital, was one of a slew of initiatives Ipos announced yesterday to help innovators and enterprises translate their ideas into assets.

The tie-up taps into Ipos' strong IP expertise and networks and Makara's commercially driven investment approach, Ipos said.

MIF is the first South-east Asian private equity investment fund that will source IP-driven companies internationally and capitalise on cross-border regional expansion.

It will invest $30 million to $150 million in 10 to 15 IP-rich and high-growth potential companies with globally competitive technologies from anywhere in the world.

These companies will tap Singapore's IP ecosystem to help them deepen their value creation, compete effectively and expand into global markets. This will help to anchor Singapore as a destination for ideas to be translated into assets and revenue, Ipos said.

 

Ouch.   Thats hurts

tch77_pt75      ( Date: 25-Apr-2017 12:19) Posted: Dropping below the projected issue price of RIGHTS. Sooner or later, it will be the same price as before consolidation....spontaneous combustion of the shares!!! tch77_pt75      ( Date: 24-Mar-2017 17:54) Posted: I think the past history of the share price shows the tell-tale sign about the prospect of this company. If really that good as compared to the big boys, it should have been acquired long ago. At this current share price, wouldn't it present an opportunity for big boys to acquire it.? I could be wrong but these are points to be pondered. Just my personal views.

 

Dropping below the projected issue price of RIGHTS. Sooner or later, it will be the same price as before consolidation....spontaneous combustion of the shares!!!

tch77_pt75      ( Date: 24-Mar-2017 17:54) Posted: I think the past history of the share price shows the tell-tale sign about the prospect of this company. If really that good as compared to the big boys, it should have been acquired long ago. At this current share price, wouldn't it present an opportunity for big boys to acquire it.? I could be wrong but these are points to be pondered. Just my personal views. mepkoh      ( Date: 23-Mar-2017 20:22) Posted: Currently...a rights issue is coming... will the coy allow the price to fall below 10 cts??? of course not..or else who will want to subscribe.. thus great opportunities

 

I think the past history of the share price shows the tell-tale sign about the prospect of this company. If really that good as compared to the big boys, it should have been acquired long ago. At this current share price, wouldn't it present an opportunity for big boys to acquire it.?

I could be wrong but these are points to be pondered. Just my personal views.

mepkoh      ( Date: 23-Mar-2017 20:22) Posted: Currently...a rights issue is coming... will the coy allow the price to fall below 10 cts??? of course not..or else who will want to subscribe.. thus great opportunities mepkoh      ( Date: 23-Mar-2017 20:20) Posted: thats hsitory.. WITHOUT A GOOD ANCHOR PRODUCT..YES 0 .1 CTS ALSO POSSIBLE. presently..the world has changed.. FOD...GOING TO BE A MUST FOR ALL AIRPORTS...I HOPE IT IS SOON..

 

Currently...a rights issue is coming...

will the coy allow the price to fall below 10 cts???

of course not..or else who will want to subscribe..

thus great opportunities

mepkoh      ( Date: 23-Mar-2017 20:20) Posted: thats hsitory.. WITHOUT A GOOD ANCHOR PRODUCT..YES 0 .1 CTS ALSO POSSIBLE. presently..the world has changed.. FOD...GOING TO BE A MUST FOR ALL AIRPORTS...I HOPE IT IS SOON.. tch77_pt75      ( Date: 23-Mar-2017 20:16) Posted: Hardcore supporters despite the fact that it is a $0.01 (assume no consolidation) since IPO of $1 (if I recall correctly) :

 

thats hsitory.. WITHOUT A GOOD ANCHOR PRODUCT..YES 0 .1 CTS ALSO POSSIBLE.

presently..the world has changed..

FOD...GOING TO BE A MUST FOR ALL AIRPORTS...I HOPE IT IS SOON..

tch77_pt75      ( Date: 23-Mar-2017 20:16) Posted: Hardcore supporters despite the fact that it is a $0.01 (assume no consolidation) since IPO of $1 (if I recall correctly) :) mepkoh      ( Date: 23-Mar-2017 18:35) Posted: news n events..dated 13 february.. NEWS & EVENTS Controlling shareholders to inject fresh funds of $9 million, convert $2 million to $3 million (out of $4 million) of existing loans to equity and call for rights issue of up to $31.34 million   In a show of confidence, controlling shareholders are injecting additional fresh funds of $9 million Controlling shareholders to also convert $2 million to $3 million (out of $4 million) of existing loans to equity Group planning rights issue of up to $31.34 million to raise working capital and to propel growth Runway safety &ndash ICAO&rsquo s #1 safety priority Cash injection to protect its market share and enhance its products and capabilities to further strengthen its competitive positioning and earning power Group to create specialised spin-off companies to give investors the opportunity to direct funds toward specific aspects of the business in specific countries, territories and regions, with high growth prospects Singapore, 13 February 2017 &ndash The Stratech Group Limited (the Group) announced that the founders and controlling shareholders, David K.M. Chew and Leong Sook Ching, are injecting additional fresh funds of $9 million into the Group. The controlling shareholders will also convert $2 million to $3 million (out of $4 million) of existing loans to equity. The Group plans to call for a rights issue of up to $31.34 million to raise working capital and to propel growth. Details of the rights issue will be announced in due course. As demand for air travel continues to surge, ICAO (the International Civil Aviation Organisation) has declared that runway safety is #1 (number one) safety priority. ICAO has also announced that by 2018, they will deliver SARPs (Standards And Recommended Practices) &ndash &ldquo new/updated provisions in Annex 14 Volume I and PANS-Aerodromes for the prevention, and the installation of devices for the detection, of Foreign Object Debris (FOD) ingestion&rdquo . Executive Chairman Dr. David K.M. Chew said: &ldquo We are very close to take-off after having charged down the runway for more than 11 long years&rdquo . iFerret&trade is the global market leader for FOD Detection Systems with contracts totaling $130.92 million committed by top airports of the world (such as Singapore Changi Airport, Dubai International Airport, Hong Kong International Airport, etc.) to Stratech and our Resellers to deploy, operate and maintain these systems through 2030. The cash injection from the controlling shareholders and the rights issue is for the Group to protect its market share and enhance its products and capabilities to further strengthen its competitive positioning and earning power. The Group will create specialised spin-off companies, which give investors the opportunity to direct funds toward specific aspects of the business in specific countries, territories and regions, with high growth prospects.

 

Hardcore supporters despite the fact that it is a $0.01 (assume no consolidation) since IPO of $1 (if I recall correctly) :)

mepkoh      ( Date: 23-Mar-2017 18:35) Posted: news n events..dated 13 february.. NEWS & EVENTS Controlling shareholders to inject fresh funds of $9 million, convert $2 million to $3 million (out of $4 million) of existing loans to equity and call for rights issue of up to $31.34 million   In a show of confidence, controlling shareholders are injecting additional fresh funds of $9 million Controlling shareholders to also convert $2 million to $3 million (out of $4 million) of existing loans to equity Group planning rights issue of up to $31.34 million to raise working capital and to propel growth Runway safety &ndash ICAO&rsquo s #1 safety priority Cash injection to protect its market share and enhance its products and capabilities to further strengthen its competitive positioning and earning power Group to create specialised spin-off companies to give investors the opportunity to direct funds toward specific aspects of the business in specific countries, territories and regions, with high growth prospects Singapore, 13 February 2017 &ndash The Stratech Group Limited (the Group) announced that the founders and controlling shareholders, David K.M. Chew and Leong Sook Ching, are injecting additional fresh funds of $9 million into the Group. The controlling shareholders will also convert $2 million to $3 million (out of $4 million) of existing loans to equity. The Group plans to call for a rights issue of up to $31.34 million to raise working capital and to propel growth. Details of the rights issue will be announced in due course. As demand for air travel continues to surge, ICAO (the International Civil Aviation Organisation) has declared that runway safety is #1 (number one) safety priority. ICAO has also announced that by 2018, they will deliver SARPs (Standards And Recommended Practices) &ndash &ldquo new/updated provisions in Annex 14 Volume I and PANS-Aerodromes for the prevention, and the installation of devices for the detection, of Foreign Object Debris (FOD) ingestion&rdquo . Executive Chairman Dr. David K.M. Chew said: &ldquo We are very close to take-off after having charged down the runway for more than 11 long years&rdquo . iFerret&trade is the global market leader for FOD Detection Systems with contracts totaling $130.92 million committed by top airports of the world (such as Singapore Changi Airport, Dubai International Airport, Hong Kong International Airport, etc.) to Stratech and our Resellers to deploy, operate and maintain these systems through 2030. The cash injection from the controlling shareholders and the rights issue is for the Group to protect its market share and enhance its products and capabilities to further strengthen its competitive positioning and earning power. The Group will create specialised spin-off companies, which give investors the opportunity to direct funds toward specific aspects of the business in specific countries, territories and regions, with high growth prospects. mepkoh      ( Date: 23-Mar-2017 18:32) Posted: wah..with free warrants ..subscription at 10 cts,,, great opportunities..here.. stratech has asexy product...

 

news n events..dated 13 february..

NEWS & EVENTS

Controlling shareholders to inject fresh funds of $9 million, convert $2 million to $3 million (out of $4 million) of existing loans to equity and call for rights issue of up to $31.34 million

 

• In a show of confidence, controlling shareholders are injecting additional fresh funds of $9 million
• Controlling shareholders to also convert $2 million to $3 million (out of $4 million) of existing loans to equity
• Group planning rights issue of up to $31.34 million to raise working capital and to propel growth
• Runway safety &ndash ICAO&rsquo s #1 safety priority
• Cash injection to protect its market share and enhance its products and capabilities to further strengthen its competitive positioning and earning power
• Group to create specialised spin-off companies to give investors the opportunity to direct funds toward specific aspects of the business in specific countries, territories and regions, with high growth prospects

Singapore, 13 February 2017 &ndash The Stratech Group Limited (the Group) announced that the founders and controlling shareholders, David K.M. Chew and Leong Sook Ching, are injecting additional fresh funds of $9 million into the Group.

The controlling shareholders will also convert $2 million to $3 million (out of $4 million) of existing loans to equity.

The Group plans to call for a rights issue of up to $31.34 million to raise working capital and to propel growth. Details of the rights issue will be announced in due course.

As demand for air travel continues to surge, ICAO (the International Civil Aviation Organisation) has declared that runway safety is #1 (number one) safety priority.

ICAO has also announced that by 2018, they will deliver SARPs (Standards And Recommended Practices) &ndash &ldquo new/updated provisions in Annex 14 Volume I and PANS-Aerodromes for the prevention, and the installation of devices for the detection, of Foreign Object Debris (FOD) ingestion&rdquo . Executive Chairman Dr. David K.M. Chew said: &ldquo We are very close to take-off after having charged down the runway for more than 11 long years&rdquo .

iFerret&trade is the global market leader for FOD Detection Systems with contracts totaling $130.92 million committed by top airports of the world (such as Singapore Changi Airport, Dubai International Airport, Hong Kong International Airport, etc.) to Stratech and our Resellers to deploy, operate and maintain these systems through 2030. The cash injection from the controlling shareholders and the rights issue is for the Group to protect its market share and enhance its products and capabilities to further strengthen its competitive positioning and earning power.

The Group will create specialised spin-off companies, which give investors the opportunity to direct funds toward specific aspects of the business in specific countries, territories and regions, with high growth prospects.

mepkoh      ( Date: 23-Mar-2017 18:32) Posted: wah..with free warrants ..subscription at 10 cts,,, great opportunities..here.. stratech has asexy product... tch77_pt75      ( Date: 23-Mar-2017 18:05) Posted: Will it go below $0.10 before or after the issue of options/warrants?

 

wah..with free warrants ..subscription at 10 cts,,,

great opportunities..here..

stratech has asexy product...

tch77_pt75      ( Date: 23-Mar-2017 18:05) Posted: Will it go below $0.10 before or after the issue of options/warrants?

 

Will it go below $0.10 before or after the issue of options/warrants?

 

A reminder.... just my personal view...

tch77_pt75      ( Date: 17-Mar-2017 18:04) Posted: I think investors should moot out the lousy stocks and not be their ATM! Just my personal views tch77_pt75      ( Date: 14-Mar-2017 19:23) Posted: Assuming rights issue goes as per plan, 2 rights subscribed, at $0.10 each per right, for every 1 ordinary share. Then the new share price will be around $0.107=($0.122+$0.1+$0.1)/3 theoretically. But prior to the 16 Feb 2017 rights announcement, the share price seems to be pushed up artificially and if that being the case, the value of the new share price should be around $0.096=($0.088+$0.1+$0.1)/3, the maximum possible price theoretically. But if this is a junk stock, the new share price might be around $0.029=($0.88/3). If there isn't any consolidation, the new share price will be $0.0029. Anyway, consolidation cycle will happen again in order to meet the MTP. Invest or not to invest.... Decide for yourself.... just my personal opinions!

 

I think investors should moot out the lousy stocks and not be their ATM!

Just my personal views

tch77_pt75      ( Date: 14-Mar-2017 19:23) Posted: Assuming rights issue goes as per plan, 2 rights subscribed, at $0.10 each per right, for every 1 ordinary share. Then the new share price will be around $0.107=($0.122+$0.1+$0.1)/3 theoretically. But prior to the 16 Feb 2017 rights announcement, the share price seems to be pushed up artificially and if that being the case, the value of the new share price should be around $0.096=($0.088+$0.1+$0.1)/3, the maximum possible price theoretically. But if this is a junk stock, the new share price might be around $0.029=($0.88/3). If there isn't any consolidation, the new share price will be $0.0029. Anyway, consolidation cycle will happen again in order to meet the MTP. Invest or not to invest.... Decide for yourself.... just my personal opinions! tch77_pt75      ( Date: 18-Feb-2017 10:48) Posted: 1. Prior to consolidation, the share price is between $0.018 to about $0.09. After consolidation, it drops to a low of $0.078 and assuming no consolidation, it will be $0.0078. 2. This stock seems to be bearish and it surged from BELOW $0.10 to around $0.124 before the announcement on rights share. So, what will be the likelihood of the share price after the subscription of rights share at $0.10/share and what caused the recent surge for this share price? The answer is obvious. It needs to be above $0.10 because of the rights share is at $0.10/price. Thereafter, once rights share issued, it might go south again. I think there are better penny counter than this one and for those thinking of investing in this counter, it will be good to re-consider again. Feel free to correct the facts and invest at your own risk..

 

Assuming rights issue goes as per plan, 2 rights subscribed, at $0.10 each per right, for every 1 ordinary share. Then the new share price will be around $0.107=($0.122+$0.1+$0.1)/3 theoretically. But prior to the 16 Feb 2017 rights announcement, the share price seems to be pushed up artificially and if that being the case, the value of the new share price should be around $0.096=($0.088+$0.1+$0.1)/3, the maximum possible price theoretically. But if this is a junk stock, the new share price might be around $0.029=($0.88/3). If there isn't any consolidation, the new share price will be $0.0029. Anyway, consolidation cycle will happen again in order to meet the MTP.

Invest or not to invest.... Decide for yourself.... just my personal opinions!

tch77_pt75      ( Date: 18-Feb-2017 10:48) Posted: 1. Prior to consolidation, the share price is between $0.018 to about $0.09. After consolidation, it drops to a low of $0.078 and assuming no consolidation, it will be $0.0078. 2. This stock seems to be bearish and it surged from BELOW $0.10 to around $0.124 before the announcement on rights share. So, what will be the likelihood of the share price after the subscription of rights share at $0.10/share and what caused the recent surge for this share price? The answer is obvious. It needs to be above $0.10 because of the rights share is at $0.10/price. Thereafter, once rights share issued, it might go south again. I think there are better penny counter than this one and for those thinking of investing in this counter, it will be good to re-consider again. Feel free to correct the facts and invest at your own risk... tch77_pt75      ( Date: 15-Feb-2017 21:41) Posted: Looks like the same old cycle.... issue shares to get money to operate the business shares price drop due to shares dilution consolidate to meet the Minimum price requirement drop to the current level again ( around 8 cents or maybe lower..... if no consolidation, the price should be 0.8 cents now....Ntegrator may be a safer bet!!!) cycle repeats till all retail investors get sick and tired of it :

 

Another weekly reminder...

tch77_pt75      ( Date: 18-Feb-2017 10:48) Posted: 1. Prior to consolidation, the share price is between $0.018 to about $0.09. After consolidation, it drops to a low of $0.078 and assuming no consolidation, it will be $0.0078. 2. This stock seems to be bearish and it surged from BELOW $0.10 to around $0.124 before the announcement on rights share. So, what will be the likelihood of the share price after the subscription of rights share at $0.10/share and what caused the recent surge for this share price? The answer is obvious. It needs to be above $0.10 because of the rights share is at $0.10/price. Thereafter, once rights share issued, it might go south again. I think there are better penny counter than this one and for those thinking of investing in this counter, it will be good to re-consider again. Feel free to correct the facts and invest at your own risk... tch77_pt75      ( Date: 15-Feb-2017 21:41) Posted: Looks like the same old cycle.... issue shares to get money to operate the business shares price drop due to shares dilution consolidate to meet the Minimum price requirement drop to the current level again ( around 8 cents or maybe lower..... if no consolidation, the price should be 0.8 cents now....Ntegrator may be a safer bet!!!) cycle repeats till all retail investors get sick and tired of it :

 

Those who used to praise this counter like got dragon and phoenix now all disappeared.