Sabien Technology Share Discussion Threads

[davidosh] 10/10/2013 10:59

They are providing some liquidity and as Maz states top slicing into the demand. This is an illiquid stock so you can only really trade any size when there is news out.

[masurenguy] 10/10/2013 10:41

They're just top slicing on the recent post-contract rise.

[ansc] 10/10/2013 10:31

Sabien Technology Group plc ("Sabien" or "the Company") - 10(th) October 2013

Holdings in Company

Sabien Technology Group plc (AIM: SNT) announces that the following holdings of ordinary shares of 5p each have been notified to the Company:

Legal & General Group Plc holds 1,884,153 shares representing 5.98 per cent of the Company's issued share capital.

Amati Global Investors holds 4,342,000 shares representing 13.79 per cent of the Company's issued share capital.


It seems odd that both L & G (sold 120K) and Amati (sold 700k) should lighten their respective holdings at this time. Another Insti could have added of course.

Food for thought.

[ansc] 09/10/2013 20:40

I find it absolutely disgraceful that four 'big' trades have been marked 'L'ate after the market has closed; the 150k one actually happened at 08.46! How can any PI be expected to invest appropriately when this ludicrous practice is permitted by the authorities?

OK, so it's never going to be a level playing field and always stacked in favour of the Mingy Machiavellians but, come on, give us half-a-chance!

[ansc] 08/10/2013 11:56

As far as I can tell, there are only c. 5mil shares in public hands which probably paints a different/clearer picture; 750k, therefore, equates to more like 15%.

[masurenguy] 08/10/2013 09:53

The shares up 25% so far since Fridays close on circa 750K, or 3% of the issued shares, traded.

[joesoap3] 08/10/2013 09:49

There was talk last year that a major contract was due to be announced but then nothing happened. I wonder if this was it but took longer to do the deal than originally anticipated. Let's hope other councils follow Lincolnshire.

[pj 1] 08/10/2013 09:09

Thanks bai

ref page 5 Nottingham Declaration

''Over 330 councils have signed the Nottingham Declaration.

Click here to see the councils and other local partners that have signed.''

[pj 1] 07/10/2013 09:35

Bit more than that

I am expecting them to be comfortably ahead of last years T/O at HY. I expect that to cement any rise in.

Whilst its so illiquid News flow (or lack of) is bound to have an effect on sp

[deanowls] 07/10/2013 09:32

Looking at the chart these shares can jump or fall ten pence at a time, need to go back and look at the news that was behind the jumps over a few years, however they are now working with big name companies that will give a lot of kudos to their offering.

[pj 1] 07/10/2013 09:11

Managed to get some 1st thing after bailing out of LPA last week.

ansc. If these contract wins continue then you will regret not buying at any price today imo

DYOR

[ansc] 07/10/2013 09:07

Three attempts (@ 32, 33 & 34p) to buy 20k this morning, all failed as the goal-posts get moved each time. Have given up!

[deanowls] 07/10/2013 08:47

A million in cash, growing contracts, maiden divi,showing a profit. Shares will do nothing these are not the kind of things that you invest in AIM for!

;-)

[pj 1] 07/10/2013 08:43

Lets see what Westhouses have to say! Does anyone have a copy of their coverage (if any)?

Quite a positive '' story unfolding here though since March. Prob low MC of £8m, illiquid and mainly x1 product will put many off.

26/03/2013 Sabien Technology secures overseas distribution agreement with Fireye, Inc.
10/04/2013 pleased to announce it has been awarded a contract by a leading Facilities Management company, Norland Managed Services Ltd ("Norland"), to install its M2G technology
28/05/2013 received orders totalling GBP1.0m to install Sabien's M2G technology across the MOD South East Regional Prime Contract managed by PriDE
07/06/2013  pleased to announce that it has received further orders totalling GBP211,743 to install Sabien's M2G technology across the MOD South East Regional Prime Contract managed by PriDE, 
08/06/2013 Westhouse from add to buy target price to 50p
09/07/2013 is pleased to announce that it has received further orders totalling GBP116,995 to install Sabien's M2G technology across the MOD South East Regional Prime Contract managed by PriDE,
01/10/2013 Results-We believe that our strategy has created a strong base from which we can continue to develop and we look forward with confidence to delivering long-term value for our shareholders.
07/10/2013 Contract Win-Lincolnshire County Council (LCC) estimated to be worth GBP2,200,000 for the deployment of Sabien's M2G Boiler Optimisation Technology into LCC's Estate.

[ansc] 07/10/2013 08:26

Once again, it takes a 'contract win' announcement to instigate any kind of investor action in STN. It doesn't help, of course, that the Mingy Machiavellians make it so difficult to trade in any size without widening scandalously their bid/offer spread.

edit: This morning is a classic example; you are restricted to buy a maximum of 7500 shares online and the spread has immediately been widened to 4p or 14.3%. With that sort of greed, is it small wonder that the likes of STN are classed as 'illiquid'!

[masurenguy] 07/10/2013 07:33

Significant Public Sector Contract for £2.2m awarded by Lincolnshire County Council. This contract is not only significant in terms of size and timeframe but it could also be a template
for other local councils to follow suite. In terms of timeframe this contract is worth an average of £550K pa over the next 4 years which is equivalent to circa 20% of current annual sales.

RNS Number : 8159P
Sabien Technology Group PLC
07 October 2013

Public Sector Tender Award

Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, is pleased to announce that it has been awarded a contract by Lincolnshire County Council (LCC) estimated to be worth £2,200,000 for the deployment of Sabien's M2G Boiler Optimisation Technology into LCC's Estate. It is envisaged that this Boiler Optimisation programme will be completed by September 2017. The tender is a Single Supplier Contract commencing from October 2013.

The first phase includes 70 schools with revenues in this financial year ending 30th June 2014 estimated to exceed £500,000. LCC has developed an Eco-Schools framework in collaboration with the Carbon Trust to support schools in reducing energy costs and carbon emissions. An integral part of this framework is for LCC to offer to its schools, at no charge, the installation of certain proven technologies. LCC has identified the installation of Boiler Optimisation within its schools estate as a technology that can deliver significant savings both financially and in carbon emission reductions.

Alan O'Brien, Chief Executive Officer of Sabien, said: "This is a key contract win for Sabien and is an illustration of the success we can achieve in the Public Sector. This is an excellent demonstration of the quality of our M2G boiler control, scale of installation expertise and the project management that Sabien can bring to a contract of this type utilising skills gathered from previous large scale client M2G roll out programmes. We are delighted to be working with LCC.

Steve Golightly, Senior Sustainability Officer for LCC said: "We are delighted to award this contract to Sabien Technology Group and look forward to working together to deliver significant energy savings to the Lincolnshire School's estate. Sabien's experience in successfully delivering large scale rollouts of Boiler Load Optimisation and the quality of their M2G offering were key factors in the contract award."

[ansc] 02/10/2013 15:18

Online prices this afternoon - 27.05/28.25; spread even narrower than yesterday's.

[ansc] 01/10/2013 13:54

'significant number (for SNT) of sells so far today' = three. Only two buys but more shares have been bought than sold (37.5k v 25.5k).

Dummy trades indicate that you can trade online well within the quoted spread of 25/29p; my broker showed 26.05/27.5p just before lunch which is in fact much better than yesterday's actual 26.0/29.5p.

[pugugly] 01/10/2013 10:54

mjcrockett:> I am inclined to agree that your calculations are probably closer to probable outcome.

Has been on my watch list for over 18 months but have held off as no real indication of increasing traction

Looks as though some holders appear to have similar views as significant number (for SNT) of sells so far today. Bid price dropping but spread still holding.
imo etc.

[mjcrockett] 01/10/2013 10:40

PJ, I don't think taking 0.7 and multiplying by 6 is useful. Firstly 3 months have elapsed since 1st July so the multiplier should be 4 not 6. Also, the order book has only grown by 0.2 in 3 months so at this rate it will only grow £0.6 million in the rest of the year. Hopefully the rate of orders will improve in the winter months!

[pj 1] 01/10/2013 09:16

Ok so Sales pipeline of £6.2 million over 18 months conversion = £4.1m t/o

Order Book 0.2 +0.5 in 2 months = £4.2m t/o

So all pro rata's look like circa £4m turnover 2014 (+48%)

Trying to make sure there is no smoke screen here when the actual Sales pipe line is down

Interestingly in 2012 Results they referred to ''Order Book and Prospect List

No mention of ''Prospect List'' in 2013 Results

[masurenguy] 01/10/2013 08:59

No - the Order Book was £0.5m (my transcription error) which relates to actual orders in hand on the day of publication. By comparison the sales pipeline is defined as follows:
"The pipeline value is a snapshot at a particular date. We are always refining the pipeline and this can result in movements up or down in value. It includes both sales opportunities with an indicated 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................The size of the sales pipeline is a key performance indicator as it gives an indication of the level of business that could be generated over the following 6 to 24 months. Sabien's experience is that it can take between 6 to 18 months for a customer enquiry to convert to a sales order."

[pj 1] 01/10/2013 08:44

Does not the Sales pipeline figures contradict themselves?

''The sales pipeline, which at 30 June stood at £4.6m, has since increased to £6.2m as at the date of this report.''

''Sales pipeline of £4.61m at 30 June 2013 (2012: £9.10m)''

''In addition, the Group had an order book at 30 June 2013 of £6.2m which was substantially higher than in the previous year.''

''Sales pipeline of £4.61m at 30 June 2013 (2012: £9.10m)''

If the Sales Pipeline and Order Book are the same thing then it is LESS than £9.10m 2012