Scisys Share Discussion Threads

[greedy rooster] 11/2/2010 14:44

Let us hope the line of stock is mopped up so that the new confidence can aid the break out.

[interceptor2] 11/2/2010 14:39

Apart from the recent contract wins another positive was the recent Edison broker increased forecasts. Which in the space of 5 weaks has increased projections 14% for 2009 and 20% plus for 2010.

2009 PBIT = £1.65m and EPS = 5.0p
2010 PBIT = £2.10m and EPS = 6.0p

Looks cheap to me also.

[greedy rooster] 11/2/2010 14:21

I'm hoping the price creeps to 50p before the figures due on 25th March. The Co has good momentum heading in to the new year and looks cheap to me.

[interceptor2] 11/2/2010 09:58

Brought in this morning for the first time after having these on my watch list for a few years. Timing I would hope is good with Mike Love turning the business around nicely, and recent contracts showing strengh of business.

It was interesting that my first buy order gave a price of 45.75p, I then tried a fill or kill order at 45p which was accepted. The same share price as the other two transactions today.

I suspect you could have a seller in the background holding these back at the moment.

Edit

Could still be an overhang from the mcgn sale.

[truffle] 11/2/2010 08:00

And another one.

[boadicea] 02/2/2010 09:11

New contract:

[truffle] 18/12/2009 12:10

And a shame that the price has not moved.
Feels as if it is pretty undervalued but, as you say, not on enough radar screens.

[greedy rooster] 18/12/2009 09:08

I can't see SSY staying independent. Look at the shareholder list and the age of some large personal holders. With trading strong and helped by today's announcement, it's a shame that it is not followed or researched by more.

[truffle] 18/12/2009 08:26

The wording all sounds very positive.
Looks as if the company has deliberately put in the words 'the significance of this award should not be underestimated ' which is rather stronger than the usual wording one sees in this sort of announcement.

[boadicea] 18/12/2009 07:55

More good news. Previous news has been little recognised in the share price - I wonder, will this be any different?

[balancer] 17/12/2009 07:08

The story I heard was that MCGN bought a load of shares in the 20-25p range and suggested making an offer of about 40p for the company. There was a story of another possible buyer at about 60p.

If this year's profit is ahead of the market expectation they talked about in the AGM announcement, around £1.3M I think, the dividend, share price and prospects should all be looking good.

B

[wjccghcc] 11/12/2009 13:09

Early 2008, MCGN entered into discussions for a friendly takeover of SSY which the board rejected.

[truffle] 11/12/2009 12:10

'After their failed takeover'.

Do you mean after MCGN's failed takeover of Scisys, or after another company tried to take over Scisys? Or after Scisys tried to take over another company?

Not sure what the background to this is.

[greedy rooster] 11/12/2009 11:25

More action today, price looking up.

[wjccghcc] 09/12/2009 13:26

Actually MCGN are reducing their stake after their failed takeover.

[balancer] 09/12/2009 11:08

Considering the good news recently this share seems to hang about at a low price. It must be a good buy.

Dividend restored, though only at a low rate.
2009 above market expectations, whatever they were.
2010 looking good.
Microgen taking advantage of a price fall to but more.

B

[investinggarden] 16/10/2009 17:25

Another buy recommendation from Growth Company Investor

[greedy rooster] 13/10/2009 10:33

Another new contract underpinning forecasts. Price looks ready to edge higher... a break on volume could test 80p.

[truffle] 25/9/2009 09:52

The interim results look quite encouraging, solid stuff, and an interim dividend !

[truffle] 07/8/2009 08:10

Now we know the reason for the rise - share buyback.
Hopefully puts a base price of some sort under the shares.

[truffle] 06/8/2009 16:07

Wonder why it has taken 3 days to start moving up after the buy recommendation was made on 3/8/09 ?
Still, its good news that it has gone up.

[investinggarden] 04/8/2009 12:56

Buy recommendation from Growth Company Investor

[balancer] 03/6/2009 07:07

The interim report looks good. A dividend annoucement for the half year is nice to see though the company could do with a bit more cash in the bank.

If they manage to pay 0.5p interim and 1p final it should help the share price, a 3.3 return with a prospect of more the following ear is good.

It is nice to see ciSys getting back on track aftr a couple of bad years. All becasue they signed a couple of dud contracts with customers.

B

[bigwig] 28/5/2009 11:17

Announcement today looks promising, return to div, strong balance sheet, new contract wins,