SCOTTY GROUP'S AVIATION, MILITARY & HEALTHCARE MARKETS TAKING OFF !

Read what the TOSH'er was saying last year .....

goldengoose - 6 Feb'06 - 21:30 - 8993 of 15291


Hi Folks,

Interesting U-turn today I see! Prior to the AGM, there appeared to be some hedging toward going down, post meeting there was a touch of blue on the chart. This, followed by a domino affect of selling today with little appetite for buying.

I’ve never been able to blame anyone selling-out after such a long time of disappointment. And if for any reason one doesn’t believe Eurocopter isn’t going to deliver and ultimately turn around the fortunes of Scotty, with associated and subsequent orders to other ministries of defence – then I’d say that’s exactly what one should do, albeit advisedly.

However, to be fair you’re getting this price – because of anticipated Eurocopter! If there’s no Eurocopter deals this is struggling to show 1p probably 0.5p / 0.75p. Nothing else in Scottys portfolio is delivering sufficient growth to justify present valuations far less looking out. But the copter job could actually take it well beyond our presently conservative horizons, if as is hoped it opens up more market interest, of which initial indications are positive.

This stock could very well most benefit ‘the last one in’, before the deal is announced, in just the same way it would appear that DO hopes to benefit from his options when we’re going NORTH of 2 & 3p, ahead of his peers! Eurocopter could do that very quickly – IF &/or WHEN announced. Personally I think it should be a small ‘if’ but; like ‘Deal or No Deal’, you either take what’s on offer or go on with the board. The board in this case, in my view, appears confident and more strengthened with Derham involved. The options were granted because the board expects; they, DO and the company will deliver.

O’Neill still has to buy the shares, and add them to those he bought at 3.5p among others. The way some go on, you’d think he was getting them for free. And if and when he buys them, who gets the money - Scotty, investing in the business makes sense to me – of course if they get much lower, he may just be tempted to buy them in the market – if allowed. Lastly on this point, only two non-exec’s received options. The board didn’t allot themselves options – they’re in the same boat as many of ourselves who paid-up at 4p, so I don’t feel our noses were rubbed in the dirt as some feel.

One thing’s for sure, it will all come out in the wash sooner than later NOW, despite whether you’ve been waiting 6 years or 6 months, and this next 6 weeks might seem like a devil of a long time, and who knows what prices we’ll see running up to any announcement, and more importantly what prices beyond?

tybenham – gave a very factual and un-opinionated report. Well done and thanks. Sorry you weren’t made to feel more welcome and I’m sure the board will address this next year.

Someone else mentioned looking these guys in the eye, and to be honest, this is what I like best from an AGM. Yes, sometimes questions are well put and you pickup information on the back of answers, but it’s in the hearts of these men, the overall expectation, profound determination to improve and deliver that’s what I’m looking for and picking up.

I was encouraged that the videophone and Porsche alliance has been put on hold – for the moment. I think this is directly due to ‘our’ united view, that we’re not in the mood for stumping up more cash (ring-fenced or otherwise), at least not until we see a profitable way forward.. DO, I consider, is brining the board together and in a more united front, and upon the finalisation or start of Eurocopter rollout (if so worded), then doors will be open to financing in the most cost efficient manner. There are issues re the platform that best suits teleco’s, and it should be addressed. Either way, when they do, I’d hope we’ll compete in a rapidly expanding market & therefore profitable, not just one that’s for a few thousand units. We’re still well poised, with or behind a few others to take a good run, for the finishing line & orders – we can’t afford to try & second-guess the market.

We’re all painfully aware of how costly these delayed orders have been. Some may at this moment think that KBs plan B wouldn’t have been so painful, I doubt that myself. Videophone sales across the globe have not exactly been rocking anyone into super league profits. But, this remains an individual view.

I’m mildly disappointed that TeleHealth hadn’t (as yet) had much more of an impact. But looking out across the globe, expect it is nearer and nearer each year. Confidence of growth in this area is welcome and an expectation that orders, hopefully significant, will materialise, continues. There are just too many benefits not to take this route in so many areas imo. And there’s encouragement for MMD holders that a lot of their technology is meeting these needs in several countries. RT isn’t in any hurry to sell his stock, and if he isn’t, I’m not sure why any of us need be. [Bit tongue and cheek] Maybe he’s been waiting to leave, so he can buy more without the need for a RNS :-)

There is an awful lot going on in the TeleHealth around the world – but similarly to Eurocopter, there’s always a lot of bureaucracy to get through, justification for expenditure, training and development of staff, the considerations post trial are just about as difficult as getting government officials to sign cheques. But it is moving forwards, not fast enough for us of course!

In both cases – there are direct benefits and cost savings to be had, so why on earth it should take so long, is always a topic for controversial debate!

In the Telehealth arena, I personally expect it will ultimately be pushed forward by private companies with a foot in the door through the many partnerships that exist – and should with a good wind, allow the sector to grow more rapidly.

So Scotty is throwing most of their resources at these two main areas. And of course, there’s stuff going on we just can’t be told about, developments and interests we’ll have to wait for the orders to confirm how they progressed. AT LAST, a closed mouth makes Scotty a wise investment head. The leaky boat is slowly being made more watertight & we’ve seen a lot less calls in the press, and posters with so called inside info of late. Good news going forward once this fog of delay lifts.

While, once again the company finds themselves against the financial ropes, this isn’t the final bell, not by a long chalk. The announcements in January of good business shold stave off the wolf a little longer. But there’s little doubt that bears won most of the previous rounds. However, the stature of this bull is battle-hardened and even while the blood drips from several wounds, is still standing strong, pawing at the dust of disbelief, determined to put on a show for those who’ve had the guts to ride and hold on.

And once the last RED rag finally sees this BULL charge forth in victory, the cheers will accompany rich BLUE veins of success and awe. [Now if that isn’t a sell sign. I don’t know what is €>)]

I hope that all those responsible for sending troops to Afghanistan ensure they’ve entrusted their troops with all the best technology they need, to continually increase safety that inevitably invests in the future peace and prosperity of our world. And if, we as investors in Scotty, can benefit – just a little, then all the better! GG


Proved himself to be a right TOSH'er !!!

LOL