Surgical Innovations Share Discussion Threads

[gbh2] 11/1/2017 10:46

£ is still losing value so we need to get some return from somewhere :)

[bashor] 11/1/2017 10:22

And if the pound stays weak against the dollar that help

[jmf69] 11/1/2017 08:20

Looking forward to seeing what 2017 brings. No debt will probably save almost 200k this year in financing costs.

[bjfanc] 11/1/2017 07:25

A nice signal to suppliers and OEM's that the turnaround is complete. That SUN is a solid, debt free company to do business with. A far distance away from the previous clowns in charge.

[mandate] 10/1/2017 13:37

Is it buywell making a comeback?

[gbh2] 10/1/2017 12:45

Another finger in the air assessment - Filtered!

[tattooed93] 10/1/2017 10:06

may make headway in 2017

[gbh2] 10/1/2017 10:02

I've been expecting it for months, if I weren't having SA108 issues I'd have been selling when sitting on a 50% gain.

[jmf69] 10/1/2017 09:36

Sp was always going to pull back after the recent run. The 2017 accounts should show no debt so a good starting point

[jmf69] 10/1/2017 09:31

5p price target and more acquisitions on the way

[gbh2] 10/1/2017 09:26

Someone's not impressed with the Update!

[jmf69] 09/1/2017 08:04

Looking good. Just need to get the new products on the market asap

[bashor] 09/1/2017 07:48

That hopefully means onwards and upwards

[ayl30] 09/1/2017 07:07

Good rns this am, exceeding sales and profit forecasts, net cash at y/e

[gbh2] 06/1/2017 19:56

Someone still making money at this price.

[jmf69] 05/1/2017 22:20

For 2017, I'm going for keyhole surgery instruments maker? ?Surgical Innovations?, which has had a torrid time in the past but is now well into its recovery.? The Leeds-based firm is seeing healthy export-led growth with ?half year ?revenue up 1?7 per cent? to £3.04m?. The business ?has ?returned to profit, repaid £3m of debt since "the bad old days" and is now cash positive. Its past difficulties were due to unrealistic expectations of stock sales?, which led to excess inventory of £5m on the books?. T?hese have now been sold through and regularised to £1.2m ?– ?a much more sensible level. ?Surgical's management ?is? confident because the business model has an inherently high return on revenues if managed conservatively?. ?Its future opportunities look good as ?it? operates in growth markets – minimally invasive surgery has become the ?main ?surgical procedure for many conditions. An entirely new management team ?is ?now in place?, ?which has brought much better commercial and operational focus to the business?.? ?Surgical is export led ?so the collapse in the pound should provide a big boost to profits over the coming year. ?In addition, barriers to entry in this niche field are high and getting higher owing to regulatory changes which are aimed discouraging "resellers" by enforcing compliance on them. ?Meanwhile, its latest new products?? ?are gaining favourable clinical feedback and commercial traction?, for example,? YelloPort Elite. Last, but not least, the business is a great?,? high value?niche manufacturing business based in Leeds and run properly should so something Yorkshire should be proud of. Analyst at ?WH Ireland are looking to see further improvements in revenue and profitability ?in 2017?.Read more at:

[john148] 23/12/2016 11:23

There may not be snow this Christmas but we have pleny of sun.

[gbh2] 23/12/2016 11:08

Wish SUN followers a Great Christmas and my Wish is for ALL to have a Very Happy New Year :))

[jmf69] 23/12/2016 10:07

Still buying interest.

[bashor] 22/12/2016 15:42

This could well tick up again today, still plenty of buying at 4.25

[jmf69] 22/12/2016 15:07

Yep. Been invested here for many years and finally have decent management doing and saying the right things

[jmf69] 22/12/2016 13:49

Looking forward to the January trading update

[gbh2] 22/12/2016 10:20

It would be nice to see some revivalist broker comments too.