SAV 0.00% 0.3¢ savcor group limited

massive over reaction

  1. 11,407 Posts.
    SAV seemed to be un-ruly bashed yesterday.

    I'm conservative on these sell downs. AFG, BNB....yeah...billions of debt will push into administration.

    42 million though...part of which is long term?

    I am wondering if SAV was helping a new major entering by a mjor exiting.

    62% down in a day? The Savcor business seems strong and 42 million...we could almost raise that ourselves.

    I'll lay down a bet that this will correct back up in the short term. I got myself 100,000 at 15 thinking that was the bottom...no after more research on the numbers am kicking myself for not putting in more. Hopefully today we'll see some more selling and we can keep getting SAV at these prices as it may just join the ranks of the others that got bashed then provided in excess of 300% returns short term.

    This whole sub-prime like all other crisis's seems to be an avenue to destroy wealth and also create wealth for those laying it on the line and reading between the lines.

    Even the Ferret...we all know him tagged this one in April this year. Its definately one to watch.

    Do you research....dot you I's and cross you T's.....ring the company and ask your questions but I do thinnk this one may be one of those where a position now might do well after the dust settles.





    http://www.globalsmt.net/content/view/7006/111/

    MIRTEC Europe Appoints Haja Tech as Swedish Distributor


    Posted by Jade Po Kellard on 03 June 2009 at 06:00



    MIRTEC Europe, the AOI market leader, announces the appointment of Haja Tech as distributor in the key Scandinavian region of Sweden. The entire team, headed by Håkan Andersson and Jarmo Hirvonen, has been fully trained on the superior qualities offered by the MIRTEC series of AOI solutions. With immediate effect, Haja Tech will be responsible for the sales and support of the entire, award-winning line up of desktop and inline AOI systems.

    Haja Tech will offer MIRTEC customers the benefit of 20 years experience working with production equipment for the electronics assembly industry. Over this time the company has become adept at working with experts across their customer base, sharing their common knowledge and experience to find effective solutions for today’s manufacturing production needs. MIRTEC Europe will join an impressive portfolio of companies represented by Haja Tech, including Panasonic, Cencorp, Photonium, Savcor and USI Ultrasonic Systems.

    David Bennett, Managing Director for MIRTEC Europe explains their choice: “Our superior products and technologies have been developed by working closely with our customers and developing solutions that exactly match their needs as they and the industry continue to evolve. We therefore needed a partner in Sweden that could match the superior process knowledge and product know-how that customers have come to expect from the Mirtec brand. Haja Tech is the ideal choice for us and we are confident that customers in Sweden will agree, as they continue their exceptional level of support for the specific requirements in the field of AOI.”

    Håkan Andersson expressed his pleasure at MIRTEC’s decision: “Our goal is to always to find the optimal solution for our customers and so we are very pleased to be working with MIRTEC Europe to bring their award-winning products to manufacturers in Sweden.”

    Among the comprehensive line up of highly successful MIRTEC products is the MV-3L Desktop AOI System. The “World’s First” Five Camera Desktop AOI system and fully configured provides one top-down camera and four side-view cameras - each providing a native resolution of two (1,600 x 1200) or four mega pixels (2,048 x 2,048) and four side-view cameras with a native resolution of two mega pixels each(1,600 x 1,200).

    For an in-line solution MIRTEC’s latest product is the MV-7L In-Line AOI system. Fully configured it provides one top-down camera with a native resolution of two or four mega pixels and four side-view cameras with a native resolution of two mega pixels. The system can be configured with a 9.8 micron lens configuration that allows for accurate inspections of components and solder joints down to 01005’s. The patented “Quad Angle Lighting System provides four independently programmable zones for optimal illumination of inspection areas. A three-stage conveyor system with automatic board support and PCB clamping mechanism is designed for maximum throughput of the line. Precision motion control systems provide absolute reproducibility and repeatability.





    http://www.emsnow.com/npps/story.cfm?pg=story&id=39695

    Rehm signs distribution agreement with Altus Group in United Kingdom and Ireland

    Jun 01, 2009
    Rehm Thermal Systems continued their global expansion program with the announcement of a new partnership agreement. Altus Group will now handle the distribution of Rehm's diverse line of soldering products in the United Kingdom and Ireland.

    Andreas Brockt VP Sales Europe for Rehm Thermal Systems commented, "This is a strategically important
    step for our global distribution structure. The management and staff at Altus have deep, established relationships with these markets and their business model aligns closely with that of Rehm Thermal Systems. This is the perfect time to add a proven, value-add support organization as we introduce numerous new leading edge products to the market place. Rehm Thermal Systems historically has been a technologically strong company and to have a partner with such complementary skills provides a great foundation for a strong future,"

    Richard Booth, Director of the Altus Group added, "With market leading brands such as Koh Young, Cencorp/Savcor, USI and GPD in our portfolio, the Altus Group is excited to be adding the Rehm Thermal Systems product range. Our team has many years of experience with the process and equipment for PCB assembly operations and a reputation for providing high quality technical support to apply to the soldering solutions of Rehm Thermal Systems."



 
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