Global Invacom - much promise, but not yet 'ready to launch'

SOME companies are easier to dress up than others and while they do many things right by the market, they are somehow still never vogue enough.

One company that suffers from that is Global Invacom - the only satellite communications equipment provider listed on the Singapore Exchange and "uniquely" (in its own words) also listed on London's AIM.

The mainboard-listed firm touts itself as one of seven companies in the world that design, develop, produce and supply satellite communications solutions to satellite broadcasters - clients include UK's BSkyB and Dish Network of the US - and Data Over Satellite (DOS) providers such as Hughes Network Systems, Viasat and Gilat Satellite Networks.

While Global Invacom shares generally draw low interest from institutional investors, retail investors orbit the counter for some sweet and quic…