ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SSY Scisys Group Plc

253.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Scisys Group Plc LSE:SSY London Ordinary Share IE00BD9PKV79 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 253.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Scisys Share Discussion Threads

Showing 126 to 150 of 875 messages
Chat Pages: Latest  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
25/3/2010
07:52
excellent results and on a low fwd PE here.

Cash generation looks great too.

Nice

CR

cockneyrebel
22/3/2010
21:13
Yep, but what interests me are the contract wins since Dec, 4 of them announced. That's 4 in 3 months. Prior to that they announce 5 in 6 months - sounds like contracts are rolling in faster to me.


Upper end of forecasts will be 5p eps - that broker has 6p eps forecast going fwd. The company says it has been cautious towards its guidance.

A cautious fwd PE of 8 and net cash is very cheap imo.

Just looks a class act to me - shame they slipped off my radar a year ago.

CR

cockneyrebel
22/3/2010
20:46
CR - Agreed it looks cheap and may look even cheaper after this Thursday's results.
My only worry is the extent to which its customers and potential customers may be affected by the inevitable cut-backs in government (inc Euro zone) and quango/BBC/ESA etc spending.

boadicea
22/3/2010
08:27
CR. good to see you here, the timing looks spot on.

I'm looking at sog this morning after a interesting contract win, just trying to decide on timing.

interceptor2
22/3/2010
08:17
Bought these today, look rather cheap imo.

CR

cockneyrebel
19/3/2010
13:55
Market looks short of stock to me. Selling dried up ahead of the results?
greedy rooster
18/3/2010
16:00
Seen a breakout of recent high of 47.5p from January, and main breakout target in sight now, of 51.5p from September 2009.
interceptor2
18/3/2010
15:56
Had a small top up this morning after another contract win. The significant part of this win is that this is the first time ssy have won a contract outside of the UK for regulation activity software. Makes me wonder what the potential is now for winning new contracts outside the UK.

Finals due next Thursday.......

interceptor2
15/3/2010
17:53
Could be buyers off the back of the GCI strong buy rating. But any more days like today and we are in breakout territory.
interceptor2
15/3/2010
13:58
A little bit of buying interest today and a stronger price. Perhaps the line has cleared?
greedy rooster
11/3/2010
15:54
Sorry for anyone looking at the above link and unable to read it. But when I posted it it was readable, I think they forgot to put the normal block on it for non subscribers. Which unfortunately is on now.

Luckly I did read the article earlier, and they are very bullish on SSY as the strong buy rating indicates.

interceptor2
11/3/2010
12:21
Good write up in GCI yesterday with a strong buy rating. Interesting to note that they see the opportunities in margin growth, which seems to be an important focus for SSY management.
interceptor2
04/3/2010
10:59
The geographical spread at the moment is 50/50 between UK and Europe namely Germany. I agree wider spread would be disirable, as well as the East, North America would be welcome. But I guess Mike Love first priority was to stabilse the business, which in my view he and the board have achieved successfully

The concern over the UK spending cuts have surpressed the sp, and hopefully that is all in the price now. Fortunately most contracts are in areas which are thought to be key priority areas, so the effects should be limited.

It's intersting to read that Edison are bullish on margin growth, and expect that margins could rise from the present 3.9% to 5.1% by 2012. They also point out that peer groups have margins of between 8 to 10%. So given SSY strong position in these markets I could see them achieving much higher margins under the guidence of a strong management team.

interceptor2
04/3/2010
08:39
It is quite a confident move and makes sense for the private holders re personal tax rates. This stock is one of those that appeals to more as it gets bigger (market cap). It is tightly held at the mo and one can only hope for a steady rise towards the figures in anticipation of some more good news which will hopefully lead to the all important break out.
greedy rooster
04/3/2010
08:27
I think one has to look at the perception of where much of its business originates, namely quango type organisations like ESA and BBC and the defence sectors in both UK and Germany. There is an assumption that severe cut-backs may be in the offing and that SSY could suffer as a result.
A difficult time in terms of new work is probably already in the price. We also have to hope that there are no widespread cancellations or deferrals of existing schedules.

It would be a comfort to see a wider geographical spread of contracts, especially in the East.

boadicea
04/3/2010
08:16
They've moved the final dividend into this year to beat the tax rises and so have to call it a 2nd interim.

It's been held back by MCGN's overhang (which has pretty much gone now) and caution over public sector cuts post election which may affect their UK govt business.

Agree they do look cheap.

wjccghcc
04/3/2010
08:08
I agree - perhaps under the radar of many?
costanz
04/3/2010
08:06
Which nevertheless still makes one wonder why the share price has not performed better over the past year or so with all the contract wins announced, maiden dividends etc.
truffle
04/3/2010
07:55
Presumably possible changes in personal tax rules post 5 April
costanz
04/3/2010
07:50
There is presumably some technical reason for wanting to pay more (all?) of the dividend in the current tax year. I doubt that we shall also see a final dividend recommended but would be happy to be proved wrong.
Good news nevertheless.

boadicea
04/3/2010
07:30
Good news re additional interim dividend of 0.7p. Takes dividend for year so far to 1c - improving yield at current share price
costanz
16/2/2010
10:01
Canaccord up on the bid this morning.
greedy rooster
12/2/2010
10:59
With recent news flow we could see an update from Canaccord soon. It's the same old story when there is a stock overhang, just a matter of patience.
interceptor2
12/2/2010
09:16
Thanks for this interceptor2.

Fortunately, Canaccord have a more bullish price target of 58p from memory. The amount of newsflow from this stock over the past few weeks is incredible, and all bullish. It's a shame that the stock does not attract more comment or following, although nice to see a brief mention in the FT today.

greedy rooster
11/2/2010
22:38
From Hoodless Brennan today........

SciSys (SSY, 45p, £13m), the supplier of software systems, IT based solutions and support services to the Media Broadcast, Space, Government & Defence, has been awarded Prime Contractor status under the frame contract of the long standing customer European Space Operations Centre's (ESOC). This allows the Company to tender for work on future satellite mission data systems, the total value of work for all parties tendering under the framework is indicated is projected to be in the region of €20m per year. This is not a new contract; the group currently generates in excess of €3m per annum from the present frame contract with ESOC. The initial duration of the new award is 3 years with a possible 2 year extension and will offer the opportunity to expand activities in the provision of software for ground stations, satellite navigation, flight dynamics and data centres. This is further good news continuing on from the recently announced contract win with the BBC. The pre close trading update was upbeat and the company has a robust balance sheet. We retain our BUY recommendation with a target price of 50p.

interceptor2
Chat Pages: Latest  11  10  9  8  7  6  5  4  3  2  1

Your Recent History

Delayed Upgrade Clock