Sabien Technology Share Discussion Threads

[qvg] 07/6/2013 07:47

"Perhaps SNT have been lucky and used these Companys to get a foot in."
my experience is you create your own luck. I think they have been patient and persistent - rather like their shareholders! We hope it is now about to pay off for all of us.

[pj 1] 07/6/2013 07:39

Mas-perhaps balancing things up from being somewhat pessimistic a few months ago.

Living and working in Sunny Lincs we are surrounded by RAF bases (with regularish fly overs by the Lancaster, Spitfire and Hurrican) and other MOD sites. Whilst 10 years ago MOD contracts were at a much higher margin the groundwork and quality of service required to ''break-in'' to this market is immense and second to none.

I am also aware of once you are in, and have proven your product or service, how it can snowball. That was the point I was trying to make mainly in my previous post. Especially now the MOD is viewed financially as a stand alone Business by our MP's and subject to budget cuts where cash savings are paramount.

Perhaps SNT have been lucky and used these Companys to get a foot in. But now it is in the ball is very much in SNT's court I feel.

However, very ,very high standards are required so this is not without serious pressure!

Now then, how many MOD sites are there in the Country? ;-))

[masurenguy] 07/6/2013 07:14

PJ1 - your comment on PriDE above looks rather prescient following todays announcement!

RNS Number : 5070G
Sabien Technology Group PLC
07 June 2013

Further orders received

Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, is pleased to announce that it has received further orders totalling £211,743 to install Sabien's M2G technology across the MOD South East Regional Prime Contract managed by PriDE, a joint venture between Interserve Defence Ltd and SSE Contracting. Orders received from this customer to date total £1,226,412; further orders are expected during the current financial year (to 30 June 2013) and before next financial year end (30 June 2014).

As Prime Contractor, PriDE is responsible for estate management and construction services at almost 100 MOD sites throughout the south-east region, encompassing nearly 6,000 buildings and facilities. It is anticipated that a large part of these orders will be recognised as sales revenue during this financial year. Installation work has already started at a number of sites.

[pj 1] 28/5/2013 16:23

Wondering where this may lead-these x2 contacts could be a game changer for SNT possibly?

PriDE is a joint venture between Interserve Defence Ltd and SSE Contracting, specifically created to manage Defence Infrastructure Organisation's (formerly Defence Estates) South East Regional Prime Contract (SE RPC). Valued at around £380m, the SE RPC is one of five regional prime contracts currently in place in the UK.
As Prime Contractor, PriDE is responsible for estate management and construction services at almost 100 MOD sites throughout the south-east region, encompassing nearly 6000 buildings and facilities. These facilities include some of the MOD's largest and most prestigious sites such as RMA Sandhurst, St James' Palace, Cavalry Barracks and RAF High Wycombe.
Interserve-Interserve is one of the world's foremost support services and construction companies.
We are based in the UK and are listed in the FTSE 250 index with gross revenue of £2.3 billion and a workforce of over 50,000 people worldwide.
We recognise the importance of sustainability in all of our clients' projects. So when it came to constructing our own new regional office building at Leicester, we were well placed to select building materials and methods that would position it at the environmental cutting edge of commercial property design.

SSE Contracting

SSE Contracting delivers solutions engineered to meet your electrical, heating, lighting, ventilation and energy reduction needs.
Our mechanical and electrical range of services and experience is extensive, which is why hospitals, universities, airports, housing associations, manufacturers and businesses rely on us to deliver their projects.
To meet your needs we have more than 4,000 professionals delivering local services from over 60 offices nationwide.
We provide competitively priced, professional and efficient services from something as simple as adding an electrical socket to a major mechanical and electrical installation project.
SSE Contracting enjoys the backing of a leading energy company at the forefront of research and development, providing businesses and homes with sustainable solutions for energy and energy related services.

We are one of the largest mechanical and electrical contracting businesses in the UK with over 4,000 employees. We avoid wasting money, time and resources by using long lasting materials and reliable techniques. SSE Contracting prevent and reduce waste at source through the efficient use of raw materials, energy and water. At SSE Contracting FM we recognise the nature of successfully managing an organisation's facilities implies that there can be no static 'list' of managed services. Every organisation has its own unique situation with a combination of servicing and maintenance requirements that need to be carefully planned, monitored and managed.



SSE Contracting has a proven track record of working with a wide range of clients, including local authorities, educational and health sectors, utilities, commerce and industry, and also specialized environments such as railways, petro-chemical or pharmaceutical companies.

[wolfcub] 28/5/2013 14:03

Really good RNS today ..hopefully on the rise now .

[pj 1] 28/5/2013 09:39

''Further orders are expected from this customer before the Company's financial year end (30 June 2013).''

[ansc] 28/5/2013 09:33

Excellent news. For those who kept faith through all of the Money Makers recent price maniplations, maybe the time to reap some reward.

[masurenguy] 28/5/2013 08:18

RNS Number : 5676F
Sabien Technology Group PLC
28 May 2013

New orders received

Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, is pleased to announce that it has received orders totalling £1.0m to install Sabien's M2G technology across the MOD South East Regional Prime Contract managed by PriDE, a joint venture between Interserve Defence Ltd and SSE Contracting. Further orders are expected from this customer before the Company's financial year end (30 June 2013).

As Prime Contractor, PriDE is responsible for estate management and construction services at almost 100 MOD sites throughout the south-east region, encompassing nearly 6,000 buildings and facilities. It is anticipated that a large part of these orders will be recognised as sales revenue during this financial year. Installation work has already started at a number of sites.

Alan O'Brien, Chief Executive of Sabien commented: "This significant order demonstrates the key role M2G plays in reducing organisations' gas consumption and CO2 emissions and how it can be deployed across large estates. We look forward to working with PriDE to deliver this project"

[seblufc] 28/5/2013 07:30

Great news from the company today and its positive to see further contracts are expected in the short term . This share is massively undervalued IMO

[seblufc] 24/4/2013 16:35

News has been good recently and snt are on target for westhouse estimated full year figures . There has been a seller that has caused damage . Amati non VCt fund involved . Believe me or not I don't really care but that is what I am posting

[joesoap3] 23/4/2013 14:04

I assume ( and hope) that the 100,000 was a buy but not sure how it was done. At this moment the price to sell 5000 or 10000 shares is 20.1p and for 50000 is 18.77p but to buy it is 23.1 for 5000, 24p for 10000 and 26p for 50000. I would have thought that if the trade was a sell, the sale price would have dropped after that to below 20p for any level of sell.

[joesoap3] 19/4/2013 15:52

Yes I would love to know as well. I broke my own rule and should have sold when the little bounce after the fall on the day of the interims turned south but I never expected it to drop so far- Stupid me.

I am a long term holder but that doesn't stop me bailing out if things look bad. We desperately need some good news to push this back up to a more realistic level assuming that the outlook given with the interims materialises

[masurenguy] 19/4/2013 09:18

I would concur with the view that there would appear to have been a seller last month. What is the source of your information? Did they identify the actual seller and on what do you base the statement that there is "positive news to come"? There should be, as the company would be expected to inform the market if the full year expectations, expressed in their interims, were not being fulfilled. "we anticipate delivering a full year trading performance in line with current market expectations with sales performance weighted towards the second half of the year." I'm just curious to be able to gauge the credibility of your source.

[seblufc] 19/4/2013 08:31

Been told there was a seller that has now cleared . Positive news to come

[pj 1] 10/4/2013 09:53

Yes Good news.Hopefully the start of some positive news flow over the coming months to put some confidence back in to the stock.

[masurenguy] 03/4/2013 11:44

RNS Number : 4557B
Sabien Technology Group PLC
03 April 2013
Sabien has yesterday been informed that Karl Monaghan, a non-executive director of the Company, transferred 750,000 Ordinary Shares in the Company to his wife for nil consideration and 100,000 Ordinary Shares into his SIPP. As a result of the first transaction, Karl's holding in the Company's share capital is now 508,850 Ordinary Shares representing approximately 1.6 per cent of the issued share capital.

Long term vote of confidence by this NXD who has transferred 67% of his shareholding to his wife and pension fund. Despite the fact that the price has drifted down recently on negligible newsflow, he is still sitting on circa 900% paper profit on 80% of his original shareholding (see below).

RNS Number : 5984P
Sabien Technology Group PLC
27 March 2009

Sabien announces that it has been notified that Karl Monaghan, a non-executive director of the Company, yesterday purchased 1,008,850 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at 2.5p per share representing approximately 3.8% of the Company's issued share capital. As a result of this transaction Karl Monaghan holds 1,258,850 Ordinary Shares representing approximately 4.7% of the Company's issued share capital.

[contact2fsnetcouk] 22/3/2013 20:15

I wonder if the tenders were lost on price or the type of system? In both cases,presumably, the client has gone for an alternative system rather than not installed a system.

[pj 1] 22/3/2013 15:02

Please note some points below are my interpretation of the Communications including some reading between the lines and nothing outside of FSA Regulations. I believe it to be well balanced. Nothing Earth shattering but cleared up a few points. Nothing has been repeated word for word.

I have concluded that the large Tenders alluded to in the last 2 trading updates have been lost. However, there is always a chance new Tenders are now in the system.

The ''Sales Pipeline'' is measured from the date the Customer asks for a Quotation AND gives an indicated Completion date. Both criteria apply. SNT can , and do, deliver much faster than this if required (phew!!!!)

Sales from ''Indirect Partners'' do affect Margins. Aim is for 65% Gross profit. Effect of any discounts to this not known.

Maintenance Contracts- Possibility to be a source of Revs in the Medium/ Long term, not short term. Please note ''possibility of...''

As per last update BOD confident in hitting expectations for the year. I assume this to be PTP of £0.45m AND EPS OF 1.43P. Predicted eps has reduced from 1.6p 2012 due to Accountancy procedure (compulsory)due to Tax credit in 2012.

I am hopeful of good News before trading year end.

Ends

Any comments welcome.

PJ

EDIT-I am still holding currently

[seblufc] 22/3/2013 14:31

pj - Are you able to share the content?

[davidosh] 22/3/2013 13:14

Well someone was keen to get out at 19p but it allowed me in at below the mid price so I took them at 22p. I did not want to give the MMs quite so much but I will take that price and now hope sales go the right way from here.

[pj 1] 22/3/2013 12:42

seblufc 20 Mar'13 - 19:12 - 299 of 299

seb- For the Record you were pleasingly correct ;-)

[seblufc] 20/3/2013 19:12

Pj - gus normally replies within 1 day

[pj 1] 20/3/2013 16:46

Still no joy. No response or acknowledgement. Trying Gus Orchard next.