Scisys Share Discussion Threads

[the big fella] 04/6/2015 07:51

It was on my monitor looking for an entry point. That may well be at some point soon

[macarre] 04/6/2015 07:46

Bet NT sold yesterday.

[the big fella] 04/6/2015 07:36

Oh dear. In need of tin hats today

[svenice7] 14/5/2015 22:27

Naked trader has bought this, im thinking of buying.

[hedgehog 100] 27/3/2015 16:09

26/03/2015 07:00 UKREG SCISYS PLC Preliminary Results

"Unaudited Preliminary Results for the year ended 31 December 2014

SCISYS PLC ("SCISYS", "the Group" or "the Company"), the supplier of bespoke software systems, IT based solutions and support services to the Media & Broadcast, Space, Government and Defence and Commercial sectors, is pleased to announce its unaudited Preliminary Results for the twelve months ended 31 December 2014.

FINANCIAL HIGHLIGHTS
-- Operating profit increased by 88% to GBP3.2m (2013: GBP1.7m);
-- Adjusted operating profit1 increased by 6% to GBP3.4m (2013: GBP3.2m);
-- Operating margin up to 7.9% (2013: 4.7%);
-- Adjusted operating margin2 up to 8.3% (2013: 7.6%);
-- Earnings per share increased to 7.7p (2013: 4.6p);
-- Adjusted earnings per share3 at 8.2p (2013: 9.3p);
-- Net cash as at 31 December 2014 was GBP0.3m (2013: GBP2.7m net debt);

-- Proposed final dividend up 10% to 1.17p (2013: 1.06p) (subject to shareholder approval at the AGM).

OPERATIONAL HIGHLIGHTS
-- Acquisition of Xibis Limited;

-- Award of EUR2m contract by Airbus Space and Defence for SCISYS to deliver the rover vehicle visual localisation flight software (VISLOC) for the European Space Agency's 2018 mission to Mars;
-- GBP3m three year extension of maintenance contract with a major UK public broadcaster;

-- Award of contract with a part of Her Majesty's Passport Office, for the support and maintenance of its online registration recording system (RON);
-- Extension of the EUR5m Flight Dynamics contract with the European Space Agency (ESA);

-- Extension to the RNLI contract to supply the System and Information Management (SIMS) system on another 12 Shannon lifeboats;
-- Award of EUR1.2m Harwell Robotics and Autonomy Facility (HRAF) contract by ESA;
-- Total of EUR2m worth of new contracts with Norddeutscher Rundfunk (NDR).

For more information visit our website at www.scisys.co.uk

Commenting on the results and prospects, Mike Love, Chairman of SCISYS PLC said:

"Despite some challenges, we have delivered solid results in 2014. Our order book at the beginning of 2014 was GBP30m and remained consistent across the year. We continue to see a number of opportunities both in the UK and on mainland Europe which we are confident we can convert into contract wins. 2015 will also see the benefit of a full year's contribution from the recently acquired Xibis."

"Whilst we face headwinds during the current year in the form of the continued strength of Sterling and some concerns around public funding as we approach a General Election in the UK, we believe the continued margin improvement and the Group's cash performance to be indicative of a strong underlying business - the final dividend declared today bears out the Board's confidence in this. We currently project that the second half of the year will be stronger than the first and overall anticipate a flat 2015 compared to 2014. Nevertheless, our longer term strategic aims have not changed; our target remains to achieve double digit margins by the end of 2018 underpinned by top line growth. At this juncture, we see no need to revise these goals."

"SCISYS remains in a good position for the current financial year and beyond."

Investor Lunch Programme

SCISYS will be holding a series of Investor Lunches in London, Bristol, Birmingham and Leeds for Private Client Investment Managers and Private Investors. Those wishing to attend should contact Tom Cooper on [e-mail] or 020 3176 4722 for further details. ..."

[mach100] 26/3/2015 12:19

Rather steep fall though mct. Seems overdone to me when results were not that bad. 10% hike in the divi and on target for double digit margin by 2018. I expect these will recover quickly when the sell on the news brigade are out.

[mapmagic] 26/3/2015 12:05

And weak outlook mctmct. A lot of holders bailing out because they prefer to have their funds in a company growing profits now, rather than one hopeful of growing in a years time I guess... Plus 95p too much resistance and investors probably giving up!

[mctmct] 26/3/2015 11:58

Weak Euro is a problem.

[balancer] 16/3/2015 21:36

Results due out on Thursday 26th. AGM probably mid May as usual.

[jimbobjames2002] 16/3/2015 20:26

Wow, talk about a quite thread! Results anytime soon I wonder?

[asagi] 14/10/2014 10:28

SCISYS is presenting at AIM Investor Focus in London on October 23rd. Alongside Trakm8, Cohort and Sprue Aegis.

blackthornfocus.com/content/aim-investor-focus-october-2014

[funkmasterp12] 16/9/2014 07:55

More great news today. Bodes very well for later in the month!

[funkmasterp12] 24/7/2014 09:14

Good update today, nice to see all in line and performing well.

[mach100] 17/7/2014 10:04

Thanks Rolo. Don't know much about that fella but I reckon he can't be much good if he can't afford clothes! Mind you he has made the share price look a bit dapper!

[rolo7] 17/7/2014 09:01

The naked trader tipped it yesterday!

[mach100] 17/7/2014 08:47

Where buying action is now being reinforced by share price action. Buyers taking all prices up which is always a good sign. I wonder has this been tipped somewhere as there is determined buying without any release of news.

[it_trader] 05/7/2014 00:16

No way that was bottom fishing. Volume way too high

[mach100] 04/7/2014 20:15

Yes me too Sar but not in as yet. Think it has fallen too far. Wouldn't be surprised to see a fund buying in as the buys were huge. Will watch on Monday to see if there is follow through or is it just bottom fishing.

[sar10] 04/7/2014 12:22

Been watching these for a few weeks....somebody has just purchased an absolute shed load! That's my cue to buy!!

GLA

[trademap] 08/4/2014 20:29

Very difficult to buy any of these at times today. Could only buy 100 at one point. On a very difficult day on the markets too.

[blueball] 03/4/2014 18:07

Wave of buys at close.

[sportbilly1976] 02/4/2014 11:08

Edison report emailed today:

"SCISYS produced a strong set of FY13 results, driven by its Space division (10% organic growth) and the defence sector. Professional fees jumped by 14% in H2, following the flat H1, and FY13 professional fees grew by 7% to £35.5m. The company experienced a pickup in activity in Q413, which has carried through to Q114 and hence we have moved our forecasts higher. Having surpassed its 7% margin target, management is now targeting double-digit margins by FY18, with an increasing emphasis on stronger top-line growth. The stock looks attractive trading on c 9x our FY15 EPS while our DCF values the stock at 123p, or 43% above the current level."

[balancer] 13/2/2014 12:06

The recent rise is looking good. January was a good time to buy.

I am still sticking to the view I had last summer, buy below 70 and sell above 80 though if the accounts and dividend look as good as I hope I would increase my targets and expect to be saying buy below 75 and sell above 85 by June.

[dr know] 10/2/2014 10:26

Nice rise since the start of the year. Perhaps the "solid opening order book and an encouraging new business pipeline" is being converted into actual orders.

[lanzarote666] 26/9/2013 08:28

Interims - 'a market that remains stubbornly challenging'

Time to leave the party.