marineboy Posted May 25, 2005 Share Posted May 25, 2005 In reply to: compint on Wednesday 25/05/05 09:12pm I like this section of the announcement about the contract with the Pakistan Air Force: "The contract is significant as it is specifically prepared to lead into recommendations for PAF fleet installations of CVMTM systems, as well as assisting the DARC to develop its structural testing capability, in a significantly larger Stage 2 program due to commence in late 2005." More revenue and greater exposure. I like it. Onward and upward. Go SMN. Marineboy Link to comment Share on other sites More sharing options...
vipbrett Posted May 25, 2005 Share Posted May 25, 2005 In reply to: marineboy on Wednesday 25/05/05 10:18pm hi, ive just started looking at this company and i noticed everyone was talking about a deal with airbus/boeing last year. has that just died a natural death or still on the cards? Link to comment Share on other sites More sharing options...
marineboy Posted May 26, 2005 Share Posted May 26, 2005 In reply to: vipbrett on Thursday 26/05/05 12:25am Hi vipbrett Yes they are still involved with Boeing and Airbus. The following has been taken from SMN's Investor Newsletter dated 18 march 05. Cheers Marineboy A Joint Development Agreement is being finalised with Airbus. CVMTM used in the development of the new A380 airliner. Airbus and SMS are finalising a Joint Development Agreement (JDA) to have a CVMÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¾ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ system available for in-flight structural health monitoring by the end of 2007. The initial goal is to monitor Airbus aircraft structures with the aim of reducing maintenance costs and increasing aircraft availability. The longer term goal would be to enable structural weight savings. CVMTM has already been used in the certification of a lightweight, aluminium epoxy laminate known as GLAREÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚®, which forms approximately one-third of the fuselage surface area of the new giant A380 aircraft, recently rolled-out in Toulouse, France. The integral sensors also successfully detected cracks on a large GLAREÃÆâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚® test panel in real-time. Airbus regards this as a first in aviation history. Surface sensors have been used for a variety of crack detection and crack propagation tests. The JDA covers integral and surface sensors plus associated hardware and software. The JDA requires SMS to productionise the CVMTM technology for in-flight use while Airbus will validate the technology for incorporation into Airbus aircraft. Boeing Connections Boeing is one of the worldÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s two major commercial aircraft manufacturers. More than 8,000 of their aircraft fly in the commercial airline market. SMS is working with Boeing, the Federal Aviation Administration (FAA), airline operators and research organisations in the US on a program to qualify CVMTM technology for inclusion in the Boeing Standard Practices Manual (SPM). This is a necessary step before operators of Boeing aircraft can use CVMTM sensor products to monitor airframe structures. It is intended that CVMTM be qualified during the second-half of 2006 for use on Boeing commercial aircraft. The programs that SMS were already working on with Boeing, FAA and major US airlines have been included into the Boeing SPM program. The results generated under the earlier programs are being included in the SPM program. The importance of this program to SMS is that Boeing has the largest fleet of commercial aircraft in the world. A significant proportion of the Boeing in-service fleet can potentially benefit from using CVMTM technology to reduce the cost of airframe inspection related maintenance and increase aircraft availability. SMS is also in discussions with Boeing regarding the relationship between the two companies for the supply and retrofit of CVMTM sensor and instrumentation products to a number of Boeing aircraft types upon completion of this program. Military Markets Because military aircraft are governed by self-administered regulations it can be quicker to get clearance to use a new technology on military aircraft than on the multi-national, highly regulated civilian market. SMS has completed validation installations on an A-4SU Sky Hawk and S-211 trainer of the Republic of Singapore Air Force. Last November a contract was signed with the Australian Defence Force (ADF) for a trial installation on the Black Hawk helicopter that will take place in April 2005. Since 2002 CVMTM sensors have flown successfully on a US CH-53 helicopter and have detected a crack on three separate occasions. In the UK significant progress has been made on increasing the awareness of CVMTM technology in the RAF and RN, and preparations are well advanced on trial fits to three in-service aircraft and a structural fatigue test program. A draft contract has been received. Successful completion of these trials could lead to programs with other military operators and acceptance by UK military operators of CVMTM systems for use in time consuming inspection locations. In association with Aerostructures Technologies Pty Ltd, SMS expects to commence studies for the Pakistan Air Force in the near future for the lifeextension of one aircraft type and structural integrity planning and monitoring using CVMTM for two other types. Link to comment Share on other sites More sharing options...
vipbrett Posted May 26, 2005 Share Posted May 26, 2005 In reply to: marineboy on Thursday 26/05/05 10:18am Cheers thanks. Link to comment Share on other sites More sharing options...
radd Posted May 27, 2005 Share Posted May 27, 2005 Hey All, Nice bit of movement in the oppies today & a good sized order of 500,000 floating around ,researched these guys last weekend and are very impressed with the potential of this company the only problem I have with them is the amount of shares on issue 148,000,000 & oppies is 61,000,000 which expire 30th April 2007 ,not out of control by any-means but worth considering before buying, A very helpful website and well worth a look http://www.smsystems.com.au. I Hold FP`s & Oppies Luck to Holders Cheers Radd. http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
vipbrett Posted May 27, 2005 Share Posted May 27, 2005 In reply to: radd on Friday 27/05/05 10:52am im also a little curious as to why the difference between oppie price and share price is so small.........oppies overvalued or Normal stock undervalued? Link to comment Share on other sites More sharing options...
radd Posted May 31, 2005 Share Posted May 31, 2005 Hey All, Nice bit of action in the oppies today up 25% and the fp`s not looking to shabby either. Looks like average support for the fp`s {on screen} but there seems to be consistent buying occuring ,worth putting on the watch list ,holding SMN & SMNO. Luck to Holders Cheers Radd. http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
BSA Posted May 31, 2005 Share Posted May 31, 2005 QUOTE (radd @ Tuesday 31/05/05 04:52pm) Yep looking better, with a run at 16c res looking possible(I still hold) Link to comment Share on other sites More sharing options...
badahur Posted May 31, 2005 Share Posted May 31, 2005 In reply to: BSA on Tuesday 31/05/05 04:28pm To keep this sort of momentum they will have to release some more news sooner rather that later. Something Re Airbus/FAA or Boeing would be good. The pakistan contract equates to less than half a cent a share as there are around 150000000 shares on issue off the top of my head. At least it'll stop another capital raising hopefully. I'm holding but am watching closely for weakness. It's had a good run up over the last few weeks. Cheers Badahur Link to comment Share on other sites More sharing options...
radd Posted July 12, 2005 Share Posted July 12, 2005 In reply to: badahur on Tuesday 31/05/05 03:01pm Hey All, This baby looks like its coming back to life , http://www.sharescene.com/html/emoticons/lmaosmiley.gif nice sized order floating around. Radd. http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
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