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SEN - Senetas Corporation

Discussion in 'Stocks Q-Z' started by Lachlan6, Oct 21, 2005.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Lachlan6

    Lachlan6

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    Senetas continues to rise and gain strength, with today being very strong. I bought some a couple of days back at $0.43 and think this trend has a lot left in it. This week SEN broke important resistance at $0.37, it actually smashed through it on huge volume and with a nice white candle. It has formed a huge base from mid 2001 to late 2004, providing a good point for a strong trend up. It is also supported by a strong OBV. The points I like about Senetas, is it is very strong fundamentally with predicted further growth this year and next. Secondly the company is not a penny dreadful, actually it is in the top 300, while it pays a yield around 4% and is not overpriced with a PE of around 21. Really like this stock, Something for every one else to think about maybe.
     
  2. johnno261

    johnno261

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    Re: Senetas (SEN)

    Stock worth thinking about, but try not to think about The Director too much!!!!! ha ha
     
  3. Lachlan6

    Lachlan6

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    Re: Senetas (SEN)

    Why? What's wrong with him/her?
     
  4. amohonour

    amohonour

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    Re: Senetas (SEN)

    Personally was recomended to me around .30 waited waited and waited but finally got in at .50 idiot should have listened great long term profit making coy. Northbound.
     
  5. johnno261

    johnno261

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    Re: Senetas (SEN)

    Amohonour, not so much of an idiot at all. You must be happy with progress of S/P. Do you have any idea of how many units are left in the companys buyback?
    Cheers
     
  6. trader10

    trader10

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    Re: Senetas (SEN)

    Nice ann today IMHO.

    SENETAS APPOINTS NEW DIRECTOR TO BOARD

    Senetas strengthens its position in the global high-speed network encryption
    market with appointment of military intelligence expert
    Melbourne, 18 November 2005 – Senetas Corporation (ASX: SEN), the worlds leading highspeed
    network encryption hardware company, is pleased to announce the appointment of
    retired Major General J.M. Connolly, AO, CSC to the board.
    Senetas’ Chairman, Mr Francis Gabally, said that Major General Connolly’s appointment is a
    significant development for the company, and reflects Senetas’ continued strong focus on
    building a leading global security and encryption company. His appointment is part of Senetas’
    plans to strengthen the board and position the company for its next stage of growth.
    “Having someone of the Major General’s calibre on the board will considerably boost Senetas’
    capacity to expand its global market share in the military and government sector. He has led a
    distinguished career over almost four decades in the Australian Defence Force and has
    particular expertise in military intelligence and secure communications,” Mr Galbally said.
    “In addition, Major General Connolly’s depth of knowledge and relationships in military
    organisations around the world will be invaluable as the company aims to increase total
    worldwide sales to A$250 million within the next three years. He will add considerable value to
    our current relationship with our technology partner SafeNet, as we continue to expand our
    current product road map.”
    Major General Connolly has held a number of very senior positions in the Australian Defence
    Force including Australian Theatre Commander at Garden Island, Colonel Commandment of
    the Royal Australian Regiment, and Director of the Defence Intelligence Organisation. He has
    played a key role in providing defence intelligence to the Australian Government and
    maintaining Australian military intelligence links with allies.
    Major General Connolly was awarded the Officer of the Order of Australia in 1995 for his
    contribution to the Australian Defence Force in the areas of operations and military intelligence.
    The appointment of Major General Connolly is another step in Senetas’ aim of becoming
    Australia’s leading technology company, specialising in encryption security, with significant
    global presence.

    ---------------------

    Also interesting to notice that Safenet did very well on Nasdaq last night....

    http://finance.yahoo.com/q/ecn?s=SFNT

    SAFENET INC (RT-ECN)
    Symbol: SFNT
    Last Trade: 35.88 4:02PM ET
    After Hours Change: 0.01 (0.03%)
    Today's Change: + $1.71 (5.00%)
    Bid: 25.00
    Ask: 36.57

    SafeNet to Present at the First Analysis Investment Conference in NYC
    Wednesday November 16, 9:37 am ET


    BALTIMORE--(BUSINESS WIRE)--Nov. 16, 2005--SafeNet, Inc. (NASDAQ:SFNT - News), setting the standard for information security, today announced that SafeNet will present on Thursday, November 17, 2005 at 2:45 p.m. EST at the First Analysis Investment Conference in New York City, to be held at The New York Palace Hotel.

    Form 8-K for SAFENET INC


    --------------------------------------------------------------------------------

    17-Nov-2005

    Entry into Material Agreement



    Item 1.01 Entry into a Material Definitive Agreement.
    On November 14, 2005, SafeNet, Inc. ("SafeNet") entered into a Purchase Agreement with SafeNet Technologies, B.V., a subsidiary of SafeNet ("SafeNet B.V."), and the shareholders of Eracom Technologies AG, a company incorporated under the laws of Germany ("Eracom"), pursuant to which SafeNet B.V. will acquire all of the equity interests of Eracom (the "Acquisition"). The aggregate consideration to be paid to the shareholders of Eracom in connection with the Acquisition is approximately $25 million in cash. The Acquisition is subject to certain closing conditions and is expected to close in December 2005. Item 9.01 Financial Statements and Exhibits.
    (a) Financial statements: None.
    (b) Pro forma financial information: None.
    (c) Exhibits: None.

    :D
     
  7. amohonour

    amohonour

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    Re: Senetas (SEN)

    sorry johno i dont know at all and will say yes i am happy with progress atm
     
  8. johnno261

    johnno261

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    Re: Senetas (SEN)

    I bought a million units of this stock, this time last year at 18cents and sold out in the low 40's 2 weeks later. Just wished i had of held atleast a small portion. Never mind.Who knows, maybe trading at a great entry point now, but only time will tell!
     
  9. tarnor

    tarnor

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    Re: Senetas (SEN)

    Amazing chart, kicked hard out of the flag on friday with huge volume.. Going to look back and see if this one leaks before news.. might have a stab on monday if it still looks solid
     

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  10. pete152

    pete152

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    Re: Senetas (SEN)

    It seems to going from strength to strength. Can it keep it up?
    Cheers,
    Peter
     
  11. johnno261

    johnno261

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    Re: Senetas (SEN)

    I do believe we have not seen anything yet with this stock. Next few weeks will be interesting!!!!! T/O manouvres will ascend s/p into $$'s range!!
     
  12. johnno261

    johnno261

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    Re: Senetas (SEN)

    Does anybody know if SEN has announced a government based contract with relation to "Centrelink"?
     
  13. johnno261

    johnno261

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    Re: Senetas (SEN)

    Just read an interesting article that i found via google news page and typing in "SAFENET INC." A top US analyst,Brean Murray stated on the 15th December, that a Safenet target of $48.00 on the DJIA was the outlook for 2006. Currently trading @ I think $31.00 His reason was the demand to being able to supply voice data and computer related data in a secure environment, was a key driving factor for worldwide demand.

    Safenet to those whom know, sell SENETAS ENCRYPTORS. It will be really interesting to see as Senetas Encryptors which are used my the US military,Major US Banks etc etc, will be interesting to see this stock go from strenght to strength in 2006. I guess my view is similiar to many of the top analysts that placed Senetas as the no.2 pick for 2006!!!! I watch with great interest!!!!!!
     
  14. johnno261

    johnno261

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    Re: Senetas (SEN)

    SEN held ground very well today and having just perused @ the chart, tomorrow could be interesting, particulary if big bids come on pre opening @ 77.5/78 as a breakout above next resistance level of 80 cents means the skies the limit particulary if reinforcement of good news announcements regarding new contracts come to fruition!!
    ********WATCH THIS STOCK**********
     
  15. TheAnalyst

    TheAnalyst

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    Re: Senetas (SEN)

    This is a great stock...i wish i bought in at 29 cents...and believed the directors forecast in regards to earnings growth.
     
  16. johnno261

    johnno261

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    Re: Senetas (SEN)

    I got in @ 18cents originally, and i have put my money where my mouth is and bought another few hundred thousand units last week at low 70's. Todays depth was very bullish and hit 81 and closed at 79. The next few weeks will be very interesting and I do believe in SENETAS product and so does one of the biggest IT security company's in USA (SAFENET INC.)!!! SAFENET's forecast is very strong and I am sure this will have a flow on effect to SENETAS!!!
    My opinion is that this company's end is near due to a Takeover!! Just my opinion!!!! I maybe wrong!!
     
  17. johnno261

    johnno261

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    Re: Senetas (SEN)

    SENETAS had a mention today in The Herald Sun under the headline"CYBER TERRORISM". People are finally waking up to this stock!!!
     
  18. johnno261

    johnno261

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    Re: Senetas (SEN)

    Indicative Price for opening appears to be 80 cents, however as I have been watching this stock closely the past week, have also noticed depth on buy side not big, but accumulation taking place from off screen!!!!
    Volumes picking up gradually. I think 4 mill thru yesterday.
     
  19. TheAnalyst

    TheAnalyst

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    Re: Senetas (SEN)

    Any one know off the top of their heads what the earnings forecast is and what the growth in earnings has been projected to be over the next few yrs??
     
  20. slimtrader

    slimtrader

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    Re: Senetas (SEN)

    Latest management confirmation at $11m before tax for 2006 (June). expected to pay full tax thus $7.7m in NPAT. Relates to P/E of 47 at current levels.
     
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