SEN 0.00% 2.6¢ senetas corporation limited

HI tamz, your comments about Gemalto not being able to sell...

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    HI tamz, your comments about Gemalto not being able to sell Senetas products are based on false rumours. These are rte facts. All products sold in the US to govt and defence depts. are sold by Safenet who are licensed to manufacture the full range of encryptors in the US . The senetas products 0f 1, 10, and 100gb have been installed in Govt networks, and maintained over the last few years and the 100gb encryptor has only recently been given certification after testing by US govt. The Anericans, bith commercial and defence do not want to buy from any French companies, so why would Thales want to stop any sales of products  that they cannot get with their own items.???Why would Senetas bother to apply for French accreditation for their products in THales own backyard??? The reason is simple, Gemalto have asked Senetas to go down this path as Thales want Gemalto to concentrate on selling all the encryption range , plus the Virtual Encryptor, Suredrop, that Thales do not have.If you have a good look at Wilsons presentation yesterday , you wiil note that the process to get the Virtual Encryptor and Suredrop to market has taken time and is now ready to proceed.Finally  you would think that if sales of all the Senetas products happen to takeoff, then Thales may look at Acquiring Senetas because all the work has already been done and considering the level of theSP today and with the chances that the Aust$ going down, then they may pay a realistic amount for this company. If sales can increase substantially in the next 12 months, then Thales may look at Senetas as a worthwhile investment,.The sp has been falling with only small volumes going through every day , wth little or no new investors, but as soon as the big boys come in the SP will take off as it has happened so often in the past.The facts are that SEnetas will not go broke, have no debt, and have Thales, Gemalto, Adva, And Safenet Assured technologies to sell their products to their own client base in the fastest growing market in the world today. What a buy at 7c.
 
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