ripley94
25 Apr 2022
Lse chat said worth 13p and checked with ex rate that is correct . so good tip will pay out over 100% .
ripley94
25 Apr 2022
This was tipped by Gold on Barcplus on 17th January 2022 at 6p , he said it would make 26p if history repeated itself .SimiGon Ltd - Israel-based software company - Says Gal Erez, a 4% shareholder in the company, withdraws application for restraining order over firm's merger and share cancellation. Last day of trading will now be March 25, with cancellation from AIM to be March 29. In mid-January, agrees to a merger with Power Breezer Sub Ltd and Maxify Solutions Inc, which will value the company at USD8.5 million. Shareholders in SimiGon are expected to receive 16.5 US cents per share.
gretel
08 May 2018
Another US Air Force contract win Good to see a new contract win - for the US Air Force, and in a new area too, with a potentially large market:[link] awarded USAF technician training contractSimiGon to provide Virtual Reality simulation based training for USAF De-icing techniciansSimiGon (LSE: SIM), a global leader in modelling, simulation and training solutions, is pleased to announce that the United States Air Force (USAF) has contracted the Company to deliver a Virtual Reality (VR) Aircraft De-icing Simulator (the "Contract"
. Securing this contract highlights the Company's ability to identify new markets and applications for its traditional customer base........The Company estimates the De-Icing market to include more than 100,000 trainees per year in the civilian market. SimiGon's technology and business model is well suited for rapid product rollout to meet expected market demand and the Company is looking forward to successfully leveraging its aircraft de-icing training product for substantial business growth.SimiGon President and CEO, Ami Vizer, said: "This Contract award is significant for SimiGon as it further demonstrates the Company's ability to identify new markets and their requirements for a cost effective personal training systems and tailor its training products to meet new demands within a short timeframe. This SIMbox-based training product is the ongoing realization of the Company's strategic plan to utilize the technology in multiple domains. We are excited to receive the VR Aircraft De-icing Simulator award to support USAF technician training and expect to further penetrate the De-Icing market and deliver high quality training products to both the military and civilian aviation in the future"."
gretel
07 Feb 2018
RNS: US Air Force contract win Great to see SIM win another contract with the US Air Force:[link] $560,000 over 28 months it's reasonably if not particularly material, but the importance lies with:- the USAF evidently retain confidence in SIM in awarding further contracts- this win is for support services, which provide annual recurring income to lessen SIM's former reliance on lumpy contract wins- in particular there's a strong hint of more to come:"We expect this Contract to generate further CLS opportunities with the USAF and other Government customers in the future."
gretel
16 Jan 2018
Trading update out today Ho hum. Today's update shows the anticipated loss together with the usual contract issues which SIM appear to make a regular occurrence.There may still be a big upside to the 2017 results if client and auditors agree to revenue/profit allocations, but I'm not holding my breath.However....the m/cap at 16p is now £8.2m, whilst SIM have over $7.6m of cash, plus other assets.And SIM are a reputable business, given their long-term contracts, large order backlog and blue chip clients. Plus they're expanding into areas which have could potentially be extremely lucrative.So I will give SIM the benefit of the doubt and continue with my relatively small holding ready to top up at hopefully the right time.
gretel
01 Dec 2017
Share buybacks, big potential Encouraging to see today's RNS re the beginning of the buyback programme. Even only just over $100,000 of buybacks would probably have a big effect on the share price since liquidity is usually pretty tight.There's a good core business here, but there's huge upside potential given SIM's notable influence in one of the leading geographies of technology in the world. If SIM can grab a slice of what's available, for example in the virtual reality training arena which it's targeting then the sky is the limit:For example:"Enterprise Virtual Reality Training Services to Generate US$6.3 billion in 2022PRESS RELEASE PR NewswireNov. 21, 2017, 09
0 AMOYSTER BAY, N.Y., Nov. 21, 2017 /PRNewswire/ -- Virtual Reality Systems are increasingly being tapped by enterprises due to their ability to provide immersive training environments, accurately simulate dangerous situations, and avoid costly travel and equipment-related expenses. In many cases, consumer-centric Virtual Reality (VR) headsets, controllers, and tracking systems can be used with few modifications. ABI Research, a leader in emerging technology intelligence, forecasts that the enterprise VR training market will generate US$216 million in 2018 and grow to US$6.3 billion in 2022.Industries with high-risk working environments such as energy, industrial and manufacturing or construction are the early adopters of enterprise VR training applications. Technician trainings in industries such as the energy sector can be perilous, mainly due to the nature of the job where technicians work on offshore rigs, or in the utility sector where technicians work with power distribution systems. "In heavy industries, VR training prevents risks associated with training hazards such as safety of trainees in the dangerous work place or accidental damage of equipment. It can save time and money for the companies by providing realistic hands on experience to trainees without any work downtime," says Khin Sandi Lynn, industry analyst at ABI Research.Aviation and Maritime are other, more well-known, areas that also use virtual reality training programs for simulated training. Virtual reality can also provide immersive experiences which has an important role in keeping trainees, across all industries, engaged in their training. Companies which deploy VR based training programs have experienced a time savings up to 80%. The effectiveness of VR based training is recognized by retail and marketing businesses, too. "In fact, one of the world's largest retailers, Walmart, has deployed VR technology to train its staff. Walmart is planning to deploy the technology in its 200 training centers by the end of 2017," adds Lynn.Although VR training applications are still at the early stage of deployments, they have strong potential in the entire enterprise training space; tourism, sales and marketing, and athlete training are just some of the segments where VR training applications will expand. etc"
gretel
17 Nov 2017
Excellent news re $2m contract RNS today - $2m contract win now authorised and ready to deliver revenues including some for this year:[link] particularly like this comment:"This contract, in the maintenance training domain, is a new, lucrative vertical for SimiGon and will provide us with the experience and credentials to leverage for similar new business opportunities in other regions and other sectors."
Carefully Does It
06 Sep 2017
Re: New contract win with the FAA It needs more steps, more often.Major disruption is heading to this market.It hasn't shown up yet as the TAM is small in the great scheme of things, but it is coming.
whoper
05 Sep 2017
Re: New contract win with the FAA totally agree..step in right direction...
Carefully Does It
04 Sep 2017
Re: New contract win with the FAA Time for SIMIGON to start to pull more than just this out of the hat.
gretel
04 Sep 2017
New contract win with the FAA Encouraging news today re the move into civil aviation - small in financial terms, but large in importance.Particularly as it's with the US FAA. This is another prestigious win for SIM.I assume that "Unmanned Aircraft Systems" refers to drones. This is a high-growth area which will only get bigger and bigger:[link] President and CEO, Ami Vizer, said: "The selection of SimiGon technology as an R&D platform by the FAA is extremely significant and points to our evolution in the training industry, from military aviation to civilian markets and civilian UAS. This underlines the strength of the SIMbox ecosystem that we have developed and its capability to support so many domains. We are excited to work directly with the FAA to support advanced UAS R&D for the US Government. This contract win in the UAS arena is significant as the FAA completed extensive due diligence in researching SIMbox as the baseline software for its advanced UAS Research Simulator. We expect this Agreement to generate further opportunities with the FAA and other Government and Civilian customers in the future."
charlie51
17 Aug 2017
New web site I no longer hold, but for those who do or are looking at this they have now launched a new website. It's a significant improvement - as it needs to be.
Carefully Does It
09 Aug 2017
Finncap Recent Finncap experience with an entity from a similar geography is interesting.WI'll they push SIM for more informain or not? What forecast now given recent results?Google "Finncap Mr Katz".
Carefully Does It
08 Aug 2017
AIM Rule 26 Correct me if I'm wrong but looks like a breach of AIM Rule 26. Shouldn't it be updated 6 monthly?Date of information: October 5, 2016
Carefully Does It
04 Aug 2017
Glassdoor Reads as if a change at the top is needed.[link]
