Share Name Share Symbol Market Type Share ISIN Share Description
Sabien Tech. LSE:SNT London Ordinary Share GB00B1FPCD38 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.75p 3.00p 4.50p 3.75p 3.75p 3.75p 0.00 07:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 0.9 -1.6 -3.8 - 2.35

Sabien Technology Share Discussion Threads

Showing 751 to 774 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
29/11/2016
15:31
Ah, good point. No where near as critical a position then.
pj 1
29/11/2016
15:28
The £240K cash position was at the end of June. Since then they raised £750K via a placing in September.
masurenguy
29/11/2016
15:21
Thanks Mas I'd missed that. So after posting a £1.6m loss last year they had cash of £240k. Not going to last long is it? Unsure of their Banking facilities. forward p/e/ for 2018 is x3, Market clearly not expecting them to perform. The Co is under immense pressure
pj 1
29/11/2016
12:24
RNS Number : 4310Q Sabien Technology Group PLC 29 November 2016 AGM statement At the Annual General Meeting to be held at 11am today, the Company will provide the following update in respect of the period since 1 July 2016 Pilot programme P35 (2015/16 heating season) - The Company received initial orders from two P35 clients, 24 clients have received an M2G business case proposal with a further 2 still pending. 6 clients for site-specific reasons are still in measurement. In addition to the above, there are a further 2 US pilot clients which are in discussion with the Company's US distributor regarding an M2G roll out. Moreover, the Company has received initial orders of cGBP100k from its US distributor in respect of one of the pilots carried out in the USA in the past heating season. P40 (2016/17 heating season) - The Company has commenced its P40 M2G Pilot programme and currently has signed up 17 pilots in total, 15 in the UK and 2 in the USA and Europe. The company also has signed up 10 EndoTherm pilots in the UK and intends on running at least 15 EndoTherm pilots in the UK during this heating season. Trading update At the placing in September 2016, the Company announced that orders of GBP500k, expected to be received in June or July, were now expected to be received in the 2(nd) quarter of the current financial year. Although these orders have not been received yet, discussions with the clients involved indicate they are still current and are expected in the 2(nd) or 3(rd) quarters of the financial year to June 2017. Trading in the first months of the current financial year is a reflection of ongoing discussions with the P35 clients mentioned above. This will mean that the results for the half year to 31 December 2016 will show a loss. A further update will be provided at the time of the announcement of half year results in February 2017.
masurenguy
23/11/2016
05:57
It's the AGM next week (Tuesday 29th), I would like to attend but it clashes with the AGM for Surface Transforms where I have a lot more chips on the table, so alas I don't think I will make it to the SNT AGM. Anyone else planning to go along?
timbo003
25/10/2016
15:43
And again. Results day and less than £400 worth of shares traded. Unbelieveable.
pj 1
16/9/2016
08:04
People always like to comment on what a share price is telling us. In this case it appears to be 'whatever'...
yump
16/9/2016
07:59
Good luck Timbo. I have to admit I thought any placing would be taken at a much lower price so, in a way, some good news there. Still begs the question if they could afford to pay the Leccy and fill the biscuit tin without this placing
pj 1
16/9/2016
06:19
I was given the opportunity to participate in the placing announced today, so decided to have a nibble, I was tempted by the EIS tax relief and the chairman's commitment to put in a decent wedge (which has been confirmed this morning)
timbo003
13/7/2016
11:37
very good news today - orders up and being converted. huge increase in pipeline. Looking very undervalued now. BUY for me. DYOR
philjeans
03/6/2016
01:26
Did anyone listen to the Webinar? Was registered but couldn't make it. Any more info as to why large parts of the pipeline dropped out last year, and how robust is the pipeline number for this year ? How is it calculated ?And any news of fund raising ?Ta.
fft
02/6/2016
07:43
I do not have the same access to the 2 schools near us in Lincs, but I still can find no evidence (i.e. teachers/governor) that any retrofit's having been done. Was the LCC contract a disappointment?
pj 1
02/6/2016
07:28
I suspect SNT had 'prospected' them, rather than the other way around.
pj 1
02/6/2016
07:22
The crucial question seems to be why did the number of large prospects remove themselves from the pipeline ? Because, depending on the painful or not so painful answer, that determines whether ANY pipeline is going to generate a profitable business, or whether the whole thing is actually simply not viable.
yump
02/6/2016
06:46
Morning fft. Hard to predict how the Market will interpret that TU. Funding has to be on the cards?
pj 1
02/6/2016
06:41
Pipeline is good, but cash is low (regardless of what they thought it would be).Revenue in June and July expected to be good. The paid for pilots does seem to have been a good idea as long as they can continue to fund it until sales/cash comes in. Wonder if we will have a placing or fund raising ?
fft
03/5/2016
11:52
Well if there is going to be a bottom and not a disaster, then this must be pretty close to it for a punt. Hardly any share price movement for quite a while. Half thinking of averaging down modestly, but its only half-thinking. Perhaps I should put in half what I did originally that would be quite a lot more shares ;-(
yump
03/5/2016
11:04
Read Stockdale Securities's note on SABIEN TECHNOLOGY GROUP PLC (SNT), out this morning, by visiting hxxps://www.research-tree.com/company/GB00B1FPCD38 "We are most encouraged by today’s update on the pilot programme in which the company has said it is on track to complete at least 34 pilots in the 2015-16 heating season. This compares to eight in 2014-15 and its target of up to 35 this financial year. Importantly, there is already the positive anticipated traction on the sales pipeline with 10 of those completed, adding an expected £3.5m. With a trading update scheduled for early June, we make no changes to any of our forecasts and ..."
thomasthetank1
03/5/2016
08:54
Agree yump. Their 'pipeline' has been nothing short of a smoke screen for years. Whilst not enough for me to even consider buying back in, things are maybe starting to look a little more positive.
pj 1
03/5/2016
08:49
A few years late, but welcome I guess: "The Group has reviewed its historic pipeline and the updated pipeline now includes only those prospects where it is in active discussion with the client on implementation. The sales pipeline at end April 2016 stood at GBP7.4m." Now all they need to do is rename the 'Business Managers' to Salesmen and make it clear to them that they are not managers of anything. Having been involved in recruitment in the past its always been a debate with the client: if they don't advertise the vacancy as Sales and want to use words like 'Consultant', don't be surprised if they don't get people that can sell.
yump
03/5/2016
07:12
Some encouraging news after nearly 3 months of silence ! RNS Number : 9008W Sabien Technology Group PLC 3rd May 2016 Update on pilot programme The Board of Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M1G and M2G, energy efficiency technologies, is pleased to provide an update on the progress of its new piloting strategy. In the last Annual Report, we stated that the Group had set a new five year strategy to improve sales substantially. To achieve this the key objective for management was to significantly scale up large multi-site M2G pilots in each year over the next five years both in the UK and overseas by offering "free" pilots to potential clients. The target for the 2015-16 heating season was to run up to 35 pilots compared to 8 in 2014-15. We are pleased to report that we expect at least 34 pilots will be completed (32 in the UK and two overseas) and that the initial signs are that the anticipated positive impact on the sales pipeline is being achieved. UK pilot programme At the time of the interim results announcement in February 2016, we stated that the Group had agreements for pilots with 30 clients of which 18 were awaiting survey and 12 were in measurement. As of today, 35 clients have signed up for pilots in the 2015-6 heating season. Of these 10 have been completed with reports submitted to clients, 21 are in measurement, 2 are awaiting installation and 2 are being surveyed. The 10 reports all demonstrate the expected savings for the clients. The Board believes that 32 UK pilots will be completed this financial year with a further 3 completed after the Group's year end. Overseas pilot programme In addition to the UK pilot programme, as a result of demand from our US distributor, we assisted it with 5 pilots for large school districts. 2 of these have been completed and reports have been submitted and the other 3 pilots are scheduled to start before the financial year end. As with the UK pilots the reports to date demonstrate the expected savings for the end users. Sales pipeline The estimated pipeline value of the 10 completed pilots is GBP3.5m (on average above the minimum GBP250k necessary to qualify for a pilot) and one of these clients has already placed an initial order for GBP110k. The Group has reviewed its historic pipeline and the updated pipeline now includes only those prospects where it is in active discussion with the client on implementation. The sales pipeline at end April 2016 stood at GBP7.4m. Trading update scheduled for early June The Group expects to update the market on trading for FY2016 at the beginning of June. With the results of the 2015-16 pilot programme and the interest already shown in the Group's pilot programme for the 2016-2017 heating season, the Directors are confident that the strategy to return the company to profitability in the 2017-18 financial year is achievable.
masurenguy
09/2/2016
08:37
Looks like they need the 8 or 9 from the 12 they currently have running, before the weather prevents customers having a reflective trial? Or a placing to survive. "Of these, 12 are installed and are being monitored while the remaining 18 are currently awaiting survey. It is expected that these will be installed and the pilots completed before the end of the current heating season at the end of April." Still hiding behind the ridiculous order book/pipeline figures. Sales from overseas £69k so that is failing What happened the the 3 new Business Managers? I would suggest they exit overseas and make the BM's redundant to save costs, if they have not already.
pj 1
09/2/2016
07:58
New business model has gone live. They have the cash to support it over the next 6 - 9 months. That period is likely to be the make or break timeframe for the company. The £314K order just received from a post pilot scheme in H1 is a very encouraging indicator but they need to be able to achieve at least 8 or 9 of these a year to validate the new model as a catalyst for real sustainable growth going forward. Obviously the jury is out on this over the next 6 months. RNS Number : 4438O Sabien Technology Group PLC 09 February 2016 Unaudited Interim Results for the period to 31 December 2015 Sabien Technology Group plc (AIM: SNT), the manufacturer of the patented M2G energy saving devices, announces its unaudited interim results for the six month period ended 31 December 2015 (comparatives are shown for the same period in the previous year unless otherwise stated): Highlights in the period · Sales revenue £321k (2014/15 - £542k) · Sales orders received £268k (2014/15: £610k) · Loss before tax £984k (2014/15 - £521k loss) · Net cash at the end of the period £868k (£1,171k at 30 June 2015) · Sales pipeline of £6.4m · 30 UK Pilots agreed with customers · Sales from indirect partners 49% of total sales revenue (2014/15: 24%) · Overseas sales £69k (2014/15: £121k) · Order for £314k received in February 2016 giving total orders received since 1 January 2016 of £412k. Total orders received so far for delivery this financial year £680k (2014/15 - £2,000k) Sales order update: We are pleased to announce that the Group has received an order in February 2016 for £314k from a Council that had completed a pilot at 3 of its sites of the Group's M2G product in November 2014. The pilot results showed an average saving of 11% with a payback of under 3 years. Strategy update: In the last Annual Report, we stated that the Group had set a new 5 year growth strategy to remove uncertainty around sales order lumpiness and to help mitigate the delays in mobilising M2G pilots and public sector contract awards brought about by long tender processes. The key objective for management was to significantly scale up large multi-site M2G pilots in each year over the next 5 years both in the UK and overseas by running up to 35 pilots in the 2015-16 heating season, compared to 8 in 2014-15, and to improve on this level in the 5 years to 2020. At the Annual General Meeting held on 18 November 2015, we reported that 21 clients had signed an agreement to proceed with a pilot and that 6 were live. We are pleased to report that as of today's date 30 clients have signed an agreement to proceed with a pilot. Of these, 12 are installed and are being monitored while the remaining 18 are currently awaiting survey. It is expected that these will be installed and the pilots completed before the end of the current heating season at the end of April. Finance The Group's turnover in the period was £321k (2014/5 - £542k) and there was a loss before tax of £984k compared to a loss of £521k in the same period last year. It is anticipated that sales revenue will be back-end loaded this year as was the case in the year ended 30 June 2015. Gross margins in the period at 61% were lower than in previous periods due to an increase in costs relating to the pilot programme. The increase in operating loss is caused by a number of factors including an increase of 50% in headcount, with the recruitment of more technical and administrative personnel, and the routine development and upgrading of the Group's M2G product, both of which had been taken into account in the preparation of the Group's budget and forecasts for the year. As at 31 December 2015, the Group's net cash reserves amounted to £868k compared to £1,171k at 30 June 2015 and £1,106k at 31 December 2014. The Group's target is to hold at least 3 months' worth of operating costs on current account and short term deposit. During the period, the Group purchased and has capitalised the cost of data monitoring equipment costing £90k. This equipment is used in the monitoring and recording of data during pilots. Current Trading Since the period ended 31 December 2015, £412k of orders have been received giving total orders received for the year to date of £680k. The sales pipeline currently stands at £6.4m. This pipeline includes both sales opportunities with an order date in the future and those where we have been asked to quote but where no order date has been indicated by the client. In our annual report published in October, we announced a sales pipeline number of £5.8m. The size of the sales pipeline is one of our key performance indicators as it gives us an indication of the level of business that could be generated over the following 24 months. Sabien's experience is that it can take between 6 to 24 months for a customer enquiry to convert to a sales order. Management of this pipeline and its conversion to sales orders is a key performance indicator for the Group. Outlook The Board anticipates that the trading performance will be in line with its expectations for 2016 dependent on the Group receiving a number of orders by 30 June 2016 for which customers have given an indication of the likely order date.
masurenguy
15/1/2016
15:16
If it is, I'll eat my hat. The AGM said that trading was affected by getting the pilot scheme up and running. What ? In what way are those two things interdependent ? Unless a load of agreed paid trials have now been moved to free. Which would be erm, madness.
yump
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:34 V: D:20161206 05:47:03