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Hi Malcolm,
Always interested in learning more.
Is there something in particular you don't
like about ZYL or is it that it doesn't provide a good 'fit' with your
investment strategy?
Regards,
Cris
----- Original Message -----
Sent: Sunday, February 01, 2004 10:59
AM
Subject: Re: Re: Re: [sharechat] ZYL -
Zylotech
Cristine I was just questioning
the whole press release as I think most of
it is a PR exercise to try and
promote the company. Does this post make you
rethink investing in this
company. If this is a sample company announcement
I don't think much of
it's management or prospects. So will not put it on my
Radar. This was
just some quick research from news papers and general
knowledge for your
benefit to help in your analasis of
ZYL
Malcolm
>From: "Cristine Kerr" <criskerr@optusnet.com.au>
>Reply-To:
sharechat@sharechat.co.nz
>To:
<sharechat@sharechat.co.nz>
>Subject:
Re: Re: Re: [sharechat] ZYL - Zylotech
>Date: Sun, 1 Feb 2004 10:39:06
+1000
>
>HI Malcolm,
>
>My knowledge is limited to the
ASX announcement, some of which answers some
>of the questions you have
raised so it may be worth looking up - would
>provide a starting point
for additional research.
>
>With this in mind, my last mail stated
that I don't know anything about
>UAV's so I'm unsure why you directed
these questions to me?
>
>I must get ready to go to lunch now or
face the wrath of my family.
>
>Perhaps someone else would like to
comment so I catch up on this thread in
>the
morning.
>
>Regards,
>Cris
> -----
Original Message -----
> From: Malcolm
Cameron
> To: sharechat@sharechat.co.nz
>
Sent: Sunday, February 01, 2004 10:16 AM
> Subject: Re: Re:
Re: [sharechat] ZYL - Zylotech
>
>
> Cristine
where did they get this exclusive right to develop a VTOL UAV
>from
> Zambia or Zimbabwe. I cannot see America,
Britain or most European
>Contries
> giving
exclusive rights to this. Without Wide exclusivity this
>statement
is
> gobbledy gook. Especially as they are likely to
infringe patents already
>in
> existance. (IE Harrier
Jump Jet Patents) I believe American aviation
> companies
are expeimenting with catapult launching systems. As UAV are
>in
> most cases expendable the cheapest, small
lightweight
>satisfactorytechnology
> will be what is
used. As UAV style spyplanes are being used in the
>middle
> east now what technological advantage does
zylotech have.
>
>
Malcolm
>
>
>
>
> >From:
"Cristine Kerr" <criskerr@optusnet.com.au>
>
>Reply-To: sharechat@sharechat.co.nz
>
>To: <sharechat@sharechat.co.nz>
>
>Subject: Re: Re: Re: [sharechat] ZYL - Zylotech
>
>Date: Sun, 1 Feb 2004 09:35:20 +1000
>
>
> >Hi again Pete,
>
>
> >I'll address both:
>
>
> >1) Zylotech has secured one defence material
contract to conduct a
>study
> >into the carriage
and launch of sonobuoys by an Independent UAV
>(unmanned
> >ariel vehicle) platform. This work
involves the Strategic Airborne
>Sonar
> >Program
(SASP) as announced to ASX on 7.11.03. NB For anyone
>considering
> >Zylotech, this announcement is
'must read' material along with anything
> >else they can
find on Zylotech as it discusses Zylotech's exclusive
>right
> >to commercialize a vertical take-off and
landing UAV. (Have to admit I
> >don't know anything
about UAV's, however; this prospect really appeals
>to
> >me.)
>
>
> >Govt does have long sales cycles but Zylotech's
potential includes
>their
> >complete product
range which is suited to far more than just defence
>
>application.eg; their 23.10.03 teaming announcement with Fujitsu on
>closed
> >circuit TV (CCTV) video surveillance
{digital and Internet Protocol
>(IP)
> >enabled
and facilitated by Zylotech's IP smartcam IP video server}
for
> >Manly Council.
>
>
> >'Digital and internet protocol enabled' means the
video can be viewed
> >remotely in 'real-time' on any PC
monitor that is connected to any
> >broadband network
that supports IP. Also, access to the system can be
>
>provided via IP address, access authority and password. This means in
>times
> >of need, direct access can be provided
to Police, Fire or other
>emergency
> >service
providers.
> >
> >It's possible
there is a large number of antiquated analogue video
>
>surveillance systems in use. Zylotech's system can be utilised as a
new
> >installation, or alternately; it can be
implemented as an upgrade to an
> >existing installation
because Zylotech's system supports conversion of
>
>analogue video signals to digital and IP. For potential
customers
> >considering an upgrade, this means it would
reduce their cost because
>they
> >would not need
to replace all of their analogue video cameras with
>digital
> >cameras.
>
>
> >Potential customers, therefore; include anyone
who is considering a
>video
> >surveillance
system, or; anyone thinking of upgrading an analogue video
>
>surveillance system. As you would appreciate, this is not just limited
>to
> >councils but would also include any
organisation that needs to protect
>its
> >human
or material resources from theft, malicious damage, etc. For
>example;
> >one of Zylotech's recent sales
involved a dredging platform.
> >
>
>Their sonobuoys also have applications other than defence, eg;
oyster
> >farming, etc.
>
>
> >In my opinion, Zylotech's business model, R &
D activities, product
>range,
> >potential
markets, and progress to-date hold promise of revenue
>regardless
> >of additional Govt contracts which
(depending on their size) could add
> >substantial icing
to the cake.
> >
> >2) Agreed,
volume selling by a large investor is a possibility but I
>don't
> >see it as a large risk. Firstly because
of Zylotech's potential - why
>would
> >they
sell?. Secondly; Investika is a major shareholder but their
>holding
is
> >only 12.9%. (I checked directly with them on
27.1.04 and was impressed
>with
> >their fast and
courteous response:- They confirmed their holding as at
>
>27.1.04 was 12.9%.) Of course, they could always buy
more.
> >
> >For those unaware,
Investika was/is (unsure of present position) also a
>
>major shareholder of Quicktrak. Quicktrak developed a product that
>competes
> >with Global Positioning System (GPS),
however; the Quiktrak system
> >necessitates investment
in LAN-based (local area network)
>infrastructure
>
>where GPS does not. This diminishes Quicktrak's capacity to
compete
> >commercially. With GPS all you need is one
hand-held device. Can't
>comment
> >on cost
comparison or which of the two may be better suited to
defence
> >application.
>
>
> >Suffice to say these are two very different
companies with different
> >profiles.
>
>
> >As always there is risk to weigh up so your own
homework is a must.
> >
> >Hey Pete
- hope this helps,
> >Cris
>
>
> >
> >
>
>
>--------------------------------------------------------------------------------
>
>
> >
> >Two worries on this
one
> >
> >1.The very long sales
cycle with Govt agencies esp defence.
>
>
> >2.The major shareholders consistently trade stock
in their companies so
>any
> >gains could be
soaked up by volume selling from
>them.(Investika,Quicktrak,)
>
>
> >Pete
> >
>
>
>
>
>--------------------------------------------------------------------------------
>
>
> >Hi Pete,
>
>
> >
> > Hope the
following helps explain my personal enthusiasm for this
>
>opportunity,
> >and why I believe their is a high
probability of good returns on the
>stock
>
>and
> >the 6c options.
>
>
> >
> > In their
half-year 30 June '03 report, the company stated;
>
>
> > ' ... We expect that both the
aforementioned commercialization
> >activities
and
> >our membership of the ADF Team Australia supplier
group will lead to a
> >significant increase in revenue
in the future and we plan to continue
>with
>
>an
> >active R&D programme to broaden the product
and technology base of the
>
>company.
> >... ' (extract 30 June '03
report).
> >
> >
>
> For me, the statement is highly credible based on the
following:
> >
>
>
> > 1) Revenue up 32.10% (half year
report 30 June '03) - 19% drop in
>sales
>
>revenues due to delays in govt projects but propped up by 'AusIndustry
>R&D
> >&
> >export
grant' of $400K (Sonacom was essentially a R&D entity prior
to
> >Zylotech
> >acquisition in Aug
'02)
> >
> > 2) Loss
also up; 87.31%; but as a company that spends on research
>and
> >development this is par for the
course
> >
> > 3) Have
not seen any entry related to debt exposure which is a big
>
>'plus' for
> >me - development has been funded by
share issues
> >
> > 4)
Zylotech is a member of Team Australia Supplier Group to provide
>Aust
> >Defence Force with airborne acoustic
sensor requirements
> >
>
> 5) Demonstrations of long-life acoustic surveillance solution
>SeaWatch
> >SW1
> >(released
on schedule June '03) for commercial and civil defence
>coastal
> >surveillance were scheduled over last
two quarters
> >
> > 6)
Second release - short-life rechargeable version -
completion,
> >testing and
>
>release to market end 2003
> >
>
> 7) Commercialization Programme in place to appoint additional
>resellers
> >in
> >Aust and
overseas + major teaming alliances with major organisations,
>eg;
> >Fujitsu (refer ASX announcements); to
push-market their acoustic and
>video
>
>surveillance solutions and facilitate bidding on govt
tenders
> >
> >
>
> We will soon hear details of Zylotech's Renounceable Rights
Issue,
>1:4
> >offer
> >@ 1c
each + 1 free attaching option (exercisable at 6c and expiring
>March
> >2006). For me, this company has
presented me with a fabulous 'ground
>floor'
>
>opportunity.
> >
> >
With regard to the above, the present political climate, the
>business
> >they
> >are in,
etc, etc, etc, I find it hard to believe the price will not be
>many
> >multiples of the 6c option price within 2
years, i.e.; by March 2006.
>(Just
>
>my
> >own opinion which is worth what you paid for
it!!!)
> >
> > Shares
are trading .013 - .014 cents and the draw for me is the
>major
> >potential upside.
>
>
> > Obviously there is risk attached to
this stock and if my
>expectations
>
>are
> >dashed by bad news, I have to also be prepared
for the downside as must
>any
> >other investor
considering this stock.
> >
>
> For anyone interested, I recommend a long surf of their
website to
>take
> >in
> >all
the related info, including financial and Defence Magazine
media
> >release,
> >etc, etc, to
get a better feel for this company's potential or risk,
>and
> >for
> >the
shareholder opportunity soon to be offered.
>
>
> >
> >
Regards,
> > Cris
>
>
> >
>
>
>--------------------------------------------------------------------------------
>
>
> > Hey
Cristine
> >
>
> I also am looking at Zylotech
...
> >
> >
You mentioned in previous posting:
>
> "the likelihood the share price will rise above
6c by March 2005"
> >
>
> Are there some projected earnigs out for Zylotech
somewhere? What
> >makes you
>
> think it might rise to above 6c? Is it just
that they have set
>the
>
>price
> > for the options at
6c or someother reason?
> >
>
> Thanks, Pete Cossey
>
>
> >
> >
>
>
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