Australian (ASX) Stock Market Forum

SE1 - Sensera Limited

Jump to new
that's a fine looking head on those shoulders
(better being 6 months early than 6 minutes late)
1607485698095.png
 
now around 6c

While revenues have hit a low point, Management expects improvement and believes that it has made meaningful progress in building out a MEMS based sensor business that will be sustainable by simplifying and focusing the business while reducing costs. In what has clearly been a difficult market environment during COVID-19, the Company has also moved multiple customers and opportunities forward to lay the foundation for the balance of FY21 and into FY22.
Click to expand...
nothing about a chip shortage, though.

(DNH)
 
I'm taking SE1 in the Sept comp. They just released their full year results, revenues and profit were down, although losses were halved. Covid has been blamed for the loss in revenues and overall progress of the business. From the directors report:
"However during the year a number of customer’s businesses were impacted by COVID and Sensera’s progress to breakeven has been hampered by product issues and variability in demand by key customer Abiomed; delays to the expected launch of products by Nova Biomedical; the cancelation of the work from Didi; and significant decline in normal R&D work by earlier stage customers." I've attached a current chart that I'm hoping forms a base to build off. Craig


SE1 chart.png
 
I am picking SE1 in the Oct comp. The share price has been slowly working it's way in an upward direction since last months pick. Looking for continued positive appreciation.
 
PetEarwig said:
I am picking SE1 in the Oct comp .... Looking for continued positive appreciation.
Click to expand...
Plunge protection needed for SE1 .... down 33%

We have been working with NanoDX over the past 18 months to provide a MEMS based solution for rapid COVID testing. Over this period there has been a sustained effort to interface MEMs structures into a nanowire based technology solution. This is a difficult technological challenge.
Click to expand...

It has become clear that this combination does not allow to scale up to high volume manufacturing. NanoDX has commenced an entirely new type of design that does not include MEMs and this will terminate any further activity with Sensera on this product.
Click to expand...
 
On October 24th, 2023, Sensera Limited (SE1) was removed from the ASX's Official List at the request of the company, under Listing Rule 17.11, after security holders resolved to remove SE1 from the Official List.
 
Top