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STI, STIRLING PRODUCTS LIMITED
plastic
post Posted: Nov 27 2015, 03:29 PM
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The vandals have really done a number on this one. Thank goodness I don't hold.



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What did Uncle Mel do to us?
 
plastic
post Posted: Jun 3 2015, 04:46 PM
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Did they hold their meeting yesterday? Nothing released to market. Maybe ASX can send them a please explain. lol.



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What did Uncle Mel do to us?
 
plastic
post Posted: Mar 10 2015, 03:56 PM
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If I were the administrator of STI, I would be feeling like a right Charlie by now.



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What did Uncle Mel do to us?
 
plastic
post Posted: Jul 2 2013, 03:29 PM
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A year on and there is still nothing. A promise about six to eight weeks ago of something coming in about six to eight weeks.

Well, they filed their quarterly today and they have absolutely nothing. Just a listing.

Time to put something in to it and slip the assets out the back door.

Hatchatech springs to mind. Then the band can get back together again.



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What did Uncle Mel do to us?
 
plastic
post Posted: Aug 13 2012, 03:20 PM
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I believe this is another one Citigroup got in on and trailer trashed.

A lot of water gone under the bridge since last post. They're still talking like there might be some value here. I don't think so. July 5th they put this out. Looks like the guy doesn't know what shortly means.
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What did Uncle Mel do to us?
 
macduffy
post Posted: Jan 17 2011, 12:16 PM
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In Reply To: Commander C's post @ Jan 16 2011, 05:19 PM

I don't know the company's history, Commander, but my take on STI is:

- Still a very speculative bio company, albeit with a lot of interesting possibilities.

- Minimal income, substantial ongoing losses - last year's $5m - accumulated losses $35m.

- Over 1.25 billion shares on issue, M/Cap $11-12m.

- Technically I don't see a reason to buy, but worth keeping on my watchlist.

 


Commander C
post Posted: Jan 16 2011, 05:19 PM
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In Reply To: macduffy's post @ Jan 16 2011, 04:44 AM

Hi Macduffy, Merc, Nifty and Bluebug

I too am watching (although don't hold as yet).

STI seem to have so many pies on their plate and so many fingers in each pie....smile.gif

* Pharmaceutical manufacturing (Canada plant)
* Pharmaceutical marketing (Australia - Stirling Health, 3M)
* Healthcare cost savings technology (TeleMedCare remote monitoring e-Health)
* Healthcare device blockbuster (HDA nebuliser for pulmonary drug delivery)
* Biotech anti-obesity blockbuster
* Biotech HIV/TB (ImmunoXel)
* Animal growth promotion (R-salbatomol)

What are the reasons we think the MD can handle all this?

Why with so many potential upsides, is the stock trading at $11m market cap?

Has it had a poor history with previous management?


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macduffy
post Posted: Jan 16 2011, 04:44 AM
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It's on my watchlist too but I'm a little wary of that deluge of shares on issue - despite the lowly SP of less than a cent!

Not all pharma contract manufacturers are coining profits. Pan was a special case perhaps but SIP have struggled and PBP aren't exactly booming, although in both cases there's more to their businesses than making product for others.

On the positive side the contract to market 3M products in Australia should be a big plus but I'm a bit nonplussed as to why a giant like 3M should choose a minnow with a M/Capt of around $12m as their representative.

I'd like to see some positive TA signs before I dip my toe into this one.

 
mercury
post Posted: Jan 15 2011, 03:50 PM
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What I like about this company is their ability to Make product for others. Nobody 'makes' product for someone else without some money up front....unless they are fools. As the plant is already been approved by Canadian health officials, it must be complete enough to produce as of now. The money is bound to roll in. How much is another question.

But making health food products is an interesting business. I know of one in Melbourne which was owned by someone I did a tiling job for (I am an ex tiler)...and he was making squillions. And if you can market your own product....even better.

OK that is my take on the possibilities. I see that there ARE a lot of shares out there, and it would not surprise me to see some sort of consolidation in the future. But who really knows. A 1 for 10 consolidation would leave the company with stock at about 10cts and with few shares (Fully Paid) ....still a penny stock....and few shares. with an income....and a future.

I have taken a few and I feel , judging by volumes traded and how I see it, that there is a degree of expectation surrounding this stock.

However, if the stock were to fall below .7cts that would have to bode ill.

Merc

 
nifty49
post Posted: Jan 14 2011, 05:07 PM
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In Reply To: bluebug's post @ Jan 11 2011, 01:21 PM

I am watching too..... maybe some more news coming?

Nifty


 
 


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