Search:
 

Selector

Companies: SLC   
22/10/1999

This Israeli company proudly declared interim pre-tax profits, including exceptional items, of $89,000 - a hollow boast given that this was entirely due to the first $400,000 instalment from the sale of its Fob Stop technology, which now leaves the group with virtually no trading activity. Turnover was significantly reduced to $464,000 ($981,000). The sale of the Fob Stop, which prevents beer dregs flowing from a dead barrel, to its US distributor will bring in a second instalment of $400,000 alongside a $2.50 royalty for every item sold, though a patent issue in Europe will have to be resolved before the cash starts flowing in. In the meantime, Selector will have to rely on its water purification subsidiary and a new hot and cold drinks dispenser.

Market cap: £490,000
PE Forecast: n/a
PE Historic: n/a
Share price: 2.5p

Related Articles:
29/05/2007

Sponsored Listings

Agency Commercial Mortgage Info Get Info on Agency Commercial Mortgage from 12 engines in 1.

Agency Commercial Mortgage We present absolutely free financial information and a superior financial search system.

Agency Commercial Mortgage Looking for Agency Commercial Mortgage? Search over 15,000 sites with one click. Your source for everything under the sun.

Recent Articles

Selector
25/09/2001

Selector
04/06/2001

Announcements

Sector Articles