Surgical Innovations Share Discussion Threads

[jmf69] 21/11/2016 18:49

Gbh - did you go to the site visit?

[meijiman] 21/11/2016 14:50

Yes the present management don't seem overly bothered by celebrity/Royalty visits/trips to Downing St and pointless irrelevant awards. Think we have a team in place that can take this company forward once again.
No more shall we read about the Batley Bugle 'Businessman of the Year'.

[gbh2] 21/11/2016 14:12

Bit of a Brass tack presentation and makes no secret of what the last lot did wrong, hopeful it'll attract a bit of extra cash by way of new investment going forward..

[gbh2] 14/11/2016 09:20

It's an opinion, I'm not trying to convince anyone, as I mentioned above, time will tell.

[mandate] 14/11/2016 09:05

Why are ex-directors any different from other investors? If the share price is recovering then they'll hang on like everybody else. If they need the cash, like other investors, then they'll sell.

[gbh2] 14/11/2016 07:56

I have a list of major share holders going back several years to monitor changes, time will tell as to ex director holdings, I still think they'll keep the share price depressed for some time to come.

[bjfanc] 13/11/2016 20:48

Top 10 shareholders hold roughly 45% of the company. As of last week. I don't see an overhang. Any ex director would have left a year or two ago. New management have been increasing holdings. Including 6 months ago when the Rea stake was placed. But happy to shown otherwise. http://www.sigroupplc.com/major-shareholders

[davr0s] 13/11/2016 20:38

Looks more like accumulation going on here rather than selling at the moment....

[gbh2] 13/11/2016 16:46

Superposition, based upon watching them accumulate free shares during the last twenty years and human natures attraction to something for nothing.

[bjfanc] 13/11/2016 15:42

Based on what information.

[gbh2] 11/11/2016 12:39

Still lots & lots of ex director shares to be sold off imo.

[meijiman] 10/11/2016 09:28

Yes these dips present an excellent buying opportunity.
This company finally has sensible management.
The small acquisition tells you they are comfortable with the cash position.
Big currency gainer with new products coming along.
What's not to like?
I'm hoping the company can get increased traction in the UK as the buying powers weed themselves off the established US dominated instrument suppliers. In the good old days this buying was lubricated by all sorts of jollies ( the medical instruments 'conference' in Dubai)
Modest market cap compared to the potential.

[jmf69] 09/11/2016 08:10

Post usa election buying opportunity

[jmf69] 07/11/2016 17:31

Also with reduced overheads on the manufacturing and distribution. Not to mention the increase in revenue possible by utilising SUNs distribution network.

[bashor] 07/11/2016 16:36

I remain unconvinced as to the valuation

[contact2fsnetcouk] 07/11/2016 16:20

Bashor, I think there are probably some R and D costs included here which explains the loss.

[gnnmartin] 07/11/2016 11:52

I found the RNS very encouraging.

[jmf69] 07/11/2016 11:13

Yes for the technology and the potential for new products

[reallyrich] 07/11/2016 11:09

They bought it for the technology. Read the RNS AGAIN!

SDL has introduced specialist production processes including metal injection moulding of medical components, which are of particular relevance to SI Group and others in this sector.

Managing Director of SI Group, Melanie Ross, commented: "We are delighted to be working with SDL and its owners to further broaden our product portfolio, and bring additional precision manufacturing techniques to our facility at Leeds.

[bashor] 07/11/2016 10:49

Let's not forget this is a tiny business

[gbh2] 07/11/2016 09:55

You'd hope they've already worked out the savings that can be made from integration of the manufacturing at Horsforth.

[mandate] 07/11/2016 09:54

Surely it depends on the fit to the business?

[bashor] 07/11/2016 09:50

I like the fact that they have confidence to go out and spend money but really!! Revenues of £120K and making a loss of £170K hardly a good strong business

[gbh2] 07/11/2016 08:32

Looks good, bound to be profit taking before we see a rise imo.

[jmf69] 07/11/2016 08:11

Surgical Dynamics Limited design and manufacture some 3mm and 5mm instruments. Appears SUN could leverage existing manufacturing facilities in Leeds and definitely synergies there.Looks a good fit and good price.