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SSY Scisys Group Plc

253.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Scisys Group Plc SSY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 253.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
253.00 253.00
more quote information »

Scisys SSY Dividends History

No dividends issued between 19 Apr 2014 and 19 Apr 2024

Top Dividend Posts

Top Posts
Posted at 07/6/2019 11:28 by yump
Given the very significant reversal yesterday, I wouldn't be at all surprised to find 200p becomes support - give it time. The rating in the previous range all the way from June 18 was often higher than it is now and that was with the Brexit worries. Now SSY have sorted that out and are still growing, it would seem a good reason to be higher than 200p by a margin.

Its not that unusual for quality businesses to run at p/e's of 20.
Posted at 06/6/2019 17:15 by boadicea
SSY has changed somewhat over the past five years but for the record there has been a tendency for a dip on mid-year AGM statements as below -
2014 a fall of ~10% (~89 to ~80p) followed by recovery on statement in July
2015 larger drop of ~28% as a reaction to a potential breach of banking covenants
2016 generally stable but responded well on a pre-results statement in August
2017 fall of ~10% (~110p to ~98p) followed by a strong advance on September statement
2018 spike down below 150p and immediate strong recovery to ~180p.

In contrast to this, the interim figures in late September of most years have produced almost no market response - so the company is evidently good at expectation management.

The above is a very rough outline and I haven't correlated the drops exactly to the mid-year/AGM statement dates. However yump's idea appears valid on balance and supports mfh's suggestion of a time to top up. The question is whether to do it now or wait for some less-than-exciting interim figures in September and risk losing out to a further contract win announcement.

At least we know that the 200p support was not there and we could now be looking at 180p, perhaps with 200p as a ceiling for some months ahead.
Posted at 01/5/2019 14:30 by boadicea
On balance I would guess the share price will stick around the £2 mark for a while, either just above - bouncing off it as a support level, or just below as a ceiling. Anyway, buys have breached the 200p mark today.

Its tendency to be reliant on quasi-governmental organisations (EU, Space, Broadcasters, utilities etc.) gives it a measure of stability insofar as they are mainly Western and spending other people's money. The complexion could change somewhat when the new EU parliament is installed shortly - it may look very different from the current one - especially if it decides to get a grip on the executive.

However, any effect on SSY is likely to be slow due to the longer term nature of its contracts.
Posted at 01/5/2019 14:26 by boadicea
On balance I would guess the share price will stick around the £2 mark for a while, either just above - bouncing off it as a support level, or just below as a ceiling.

Its tendency to be reliant on quasi-governmental organisations (EU, Space, Broadcasters, utilities etc.) gives it a measure of stability insofar as they are mainly Western and spending other people's money. The complexion could change somewhat when the new EU parliament is installed shortly - it may look very different from the current one - especially if it decides to get a grip on the executive.

However, any effect on SSY is likely to be slow due to the longer term nature of its contracts.
Posted at 09/4/2019 22:37 by dr know
Here you go.

A raft of contract wins increased profit by 16% and the consequent cash flow halved borrowings to £3.1m so eps increased by 40% to 12.8p with an increase in the dividend that has seen the payout increased by over 10% every year since 2013. The order book is at record levels, and it has Brexit-proofed its ownership structure. "I maintain my earlier view that Scisys is a real Brexit winner. Buy." Target price of 230 reiterated.
Posted at 25/1/2019 08:52 by mfhmfh
SSY always seem conservative in their statements but always seem to deliver good results.

Cash flow is always a good judge of a company IMHO:

'Net cash flow for 2018 was healthy, with the year-end net debt reduced to £3.1m (2017: £5.9m) despite substantial exceptional cash costs for the execution of Brexit contingency plans and payment of a final earnout settlement relating to the December 2016 Annova acquisition.'

I wouldn't be surprised if debt at half-year results was cleared or completely cleared unless they make another acquisition.

No more earnouts need to be paid for the Annova acquisition and likely one-off Brexit related costs are now out of the way.

All IMHO.
Posted at 10/1/2019 11:17 by illiswilgig
On the face of it these RNS's for contracts which are anticipated may seem unnecessary.

But these are not normal times and they do provide confirmation that SSY ability to win these contracts has not been affected by the current uncertainty over relationships with the EU.

A known known if you like.....

cheers
Posted at 17/12/2018 09:56 by yump
They say its already in guidance, but I think the most important thing is the comment that the move of SSY to Dublin has been instrumental in ensuring Brexit has no effect.
Posted at 27/11/2018 07:49 by yump
Yes. Old SSY 26th, new SSY 27th or something like that.
Posted at 18/10/2018 10:32 by soundbuy
Well, excellent to see SSY being proactive....was well flagged but still kudos to the management...

Plenty of Cos. citing brexit concerns going fwd in updates/results..........and little else/no reference to contingency plans etc.....those with complex supply chains could be well exposed....

Nobody likes uncertainty.......this removes some..............

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