Secure Income Reit Share Discussion Threads

[mudbath] 02/4/2007 13:40

nicedude--could you provide a brief current recap of positive prospects ++your 6 month target price? THANKS.

[nicedude1976] 06/3/2007 15:56

So another peak reached, bound to keep on growing in my opinion.
Not that I love talking to myself... ;)

[nicedude1976] 08/2/2007 13:48

Slowly but quite surely. A bit too slow yet.

[nicedude1976] 15/11/2006 16:18

The share trend is positive, and I think it broke out over 150 a month ago or so. In my optionion it should progress and is likely to accelerate growth over the next several months.

[diogenesj] 06/7/2006 10:39

No. Got my 140p, got bored, got out. :-)

[kruger2004] 06/7/2006 10:38

is this the deadest company in Britain?

No interest- no products, no growth.

Anybody interested?

[diogenesj] 21/11/2005 15:34

Not very liquid, is it? I bought 3,000 shares: moved the ask up. Only 7,000 traded so far today. Target 152p - but then you have to apply a discount for wide spread and lack of liquidity, so let's say 140p (if they meet the forecasts).

[diogenesj] 20/11/2005 20:57

Blimey. This is quiet. Looks good value, though.

[scumdog] 22/9/2005 13:12

Today's results show steady progress but company doesn't appear to be going anywhere fast.

[games] 21/7/2005 07:46

positive statement today.




a little more detail on S21,



interestingly 2 more customers than the rns (maybe at a different stage) and 30% are new customers to Sirius.

[games] 25/1/2005 16:52

First time i've seen this on their site.

[games] 17/1/2005 11:46

It appears that the managed solutions (mentioned quite a while ago in one or another results) is starting to surface. While the mentioned savings of 55% are impressive, the 'less hassle' factor could also be a major attraction, which may be a factor in bringing onboard those companies that may not save
the quoted 55%, ie: larger companies. I wonder if the new fsa rules will be positive this year?

[games] 01/9/2004 10:47

edit. added this link as is more relevent than the one below.







Snip below from 1st half yr Fortis results 2004.

At Fortis Insurance International, gross premium income increased by 13%
to EUR 480 million mainly due to favourable developments at Fortis Insurance
(United Kingdom)

[games] 01/9/2004 10:36

well this is looking quite positive.




I was begining to wonder about the appointments, whether sirius were struggling or were in fact experiencing a significant turn around, though i erred on the side of the latter believing that the appointed would not position themselves into a bleak future. Anyhow Fortis imo is quite a catch, and may be responsible for part of the recent rise in price in Sirius.

[games] 24/8/2004 20:06

another appointment recently, and the price has moved up 4p over the last two days on very little volume.

[games] 30/7/2004 15:21

oops missed one,

more appointments from the day before.

[games] 30/7/2004 15:03

Bit of news on the sirius site today. Quite like the range covered, hopefully the Pru announcement ealier will help bring onboard the larger companies.


These additional roles have been created in response to the increasing demand Sirius is receiving from brokers for its products and services ranging from the small to medium sized business through to the larger more complex organisations

[games] 30/7/2004 14:26

should say hopefully on track.

[games] 30/7/2004 14:25

good news may be due from Oz, long overdue and the past problems may have been the cause for last yrs decline...........hopefully on track.

[games] 14/7/2004 13:28

Pru went live the other week.

[games] 17/6/2004 16:08

blimey 2 trades in the last 2 days.........may get a hat-trick tomorrow.

[rambutan2] 22/4/2004 19:07

not had a chance to read through yet, but mkt wasnt so keen and dropped it 9% to 76-80p...

SIRIUS FINANCIAL SOLUTIONS PLC
2003 PRELIMINARY RESULTS

A SOLID FOUNDATION FROM WHICH TO MOVE FORWARD

Sirius Financial Solutions, the specialist supplier of software and services to
the insurance and financial services industry worldwide, today announces its
preliminary results for the year ended 31 December 2003.

HIGHLIGHTS
• Group turnover of £20.5m (2002: £22.7m)

• Operating profit before goodwill amortisation of £0.4m (2002: £2.8m).
After charging goodwill, operating loss was £0.5m (2002: operating profit of
£1.9m)

• Recurring revenues remained strong and have grown 10.3% to £6.9m
(2002: £6.3m) which represents 33.8% of Group turnover

• Sustained operating cash inflows of £0.7m (2002: £2.6m)

• Gearing of 20.9% (1) (2002: nil gearing)

• An interim dividend of 1.0p (2002: 1.0p) and a proposed final dividend
of 0.5p per share (2002: 1.7p)

• Significant new deployments of Sirius for Broking across some of the
UK's leading networks and large provincial brokers

• Further significant contracts secured for our Swift IFA software, the
largest of which is supporting 1,200 users

• Global presence and capability extended with a new support office in
New Zealand

• Partner status renewed by Microsoft at its highest level: .Net Gold
Partner

(1) Gearing is defined as debt net of cash reserves divided by net assets
excluding goodwill

Stephen Verrall, Chairman and Group Chief Executive of Sirius Financial
Solutions, said:
'2004 has got off to an encouraging start, aided by a healthy order book and
improved daily recovered rates across our professional services and development
functions. We now have a more contemporary business model and simplified
operating structure.
The move to term licensing will, inevitably, result in reduced profit levels in
the short term until such time as we build a base of recurring license revenue.
We believe this is a sacrifice that the business should make in order to reap
the benefits in the medium term and beyond. Combined with our existing sizeable
recurring revenue base, this will allow us to advance towards our goal of a more predictable and sustainable revenue model.'

[games] 23/3/2004 14:36

Ram, also they keep dripping out the odd new customer win on their website.

[rambutan2] 23/3/2004 12:32

a good sign games. the manager is a conservative tech investor and does his homework. lets hope the results kick off some upside.