Synety Grp Share Discussion Threads

[duncandisorderly] 23/3/2016 18:52

It's all looking good.I have also been buying CBUY hoping that is another recovery stock.I seem to be buying anything with the word Cloud in it these days,lol.

[140661] 23/3/2016 18:05

Fair point, duncan but having listened to the conf call yesterday and seen continued buying by Helium and now Peter, I really do feel we are on a strong upward curve. Another large 50k trade after hours, if that is another director buy this stock could be heading significantly higher very quickly. GLAH

[duncandisorderly] 23/3/2016 17:41

I am.Let's just hope we don't get let down again.A long way to go yet.

[140661] 23/3/2016 16:41

duncandisorderly, you must be delighted to see Peter Symonds buying a large chunk of shares, just what you have been asking for plus the shares performing well?

[140661] 23/3/2016 15:50

excellent to see Peter Simmonds buying 60k shares at 80p so a near £50k investment, thats meaningful and is a further sign that this is going strongly in the right direction. I also get the feeling the market is short and trying to keep the price down, unfortunately for them the genie is out of the bottle and the shares are going one way. GLAH

[deltrotter] 23/3/2016 10:26

In shock possibly 140661. I am not counting my chickens Yet as have been stung badly by this one. Glad I hung on in a way but certainly won't be buying any more.

Fingers crossed they really have turned the corner.

Glah

[ali47fish] 23/3/2016 10:25

who is NW?

[mike24] 23/3/2016 10:14

NW should have a few of these,

[ali47fish] 23/3/2016 09:34

I am very encouraged by the update but i am in loss as i have accumulated at the wrong time. Paul Scott is very hopeful that this will eventually come good and yet i am still unsure whether i should buy even if the share price is still below the latest rights issue price- any thoughts

[140661] 23/3/2016 09:00

Very strange at the lack of comment on this thread, we have loads of posts when the company announces disappointing news and as soon as they put out something to be enthusiastic about everyone disappears, suggests to me that a lot of posters here were hoping for more bad news, what a shame!

[visionon] 23/3/2016 07:46

thanks 140661. The Bullhorn initiatives sound positive - very small % of their client base in USA so if Cloudcall can repeat the UK in % terms that will be a decent number. I think Simon said 100,000 Bullhorn users (6000 clients) so if Cloudcall can get c.10% then that alone would get users numbers up over 20,000 from the current 12,000 and close to the discussed b/even point.

B/even could be a psychological trigger for the small cap investors. It's been talked about for some time...

[140661] 23/3/2016 07:31

visionon, IMHO its all about sentiment and I feel yesterday was an important step in turning sentiment positive. I sense that the company is trying to be cautious in its outlook and that is hardly surprising given they have been wrong consistently over the last 18 months but this probably leaves a fair degree of upside from what they are saying. Second, I like the fact that the largest shareholder continues buying, they must know more than anyone else about how the business is doing and their continued support is encouraging. The appointment and greater involvement of the new Chairman Peter Simmonds is very positive. He has had a great 2/3 years with Dotdigital first and now IS Solutions (up well over 200% in less than 18 months)and his advise is showing through in the new strategy which is working. So in summary, I agree that the fundamentals may suggest a 20/30% increase in share price from here during 2016, I am hopeful of significantly more as the story becomes stronger and some of the major small cap investors who are large shareholders but have not bought since the last placing begin to buy again. GLAH

[visionon] 22/3/2016 21:07

Good to see the usual moaners quiet - at least for a few hours. And a big 100k buy - might be Helium adding more.

12mths ago was the placing at 90p.

Assuming 100% revenue growth in 2016 (as per 2014 and 2015) that would give £6.6m

Valuing at 2x this figure (or approx. 4 x 2015R) would be 13.2m i.e. approx 98p.

For a growth software company making losses whilst building scale a multiple of revenue isn't unusual. it might even be conservative but there has been a loss of investor trust which needs to be rebuilt and USA sales still early days.

I think the share price will move back to placing price in H1 and then with a decent contract RNS with one of these bigger clients things could push on past the 100p mark towards say 120p.

But i think a repeat of the 300p days of 2yrs ago are some way off. Firstly Cleaver admitted today that past growth assumptions were too ambitious and secondly we have a lot more shares than in the 300p days - about 40% more from memory so the new 300p would appear to be more like 210p now, Less adjusted growth assumptions i.e. doubling rather than tripling revenue each year…say 120p/140p range i.e. pushing towards £20m. Still doesn't sound a lot though !!

All very back of postage stamp and IMHO, DYOR etc !! would welcome your thoughts 140661.

[140661] 22/3/2016 19:47

Large buys after close another good sign, would be great to see some more director buying and/or one of the other large holders announcing an increased holding then we are full steam ahead.

[oregano] 22/3/2016 15:51

That conference call was good. Very impressed with Peter, he has kicked them into shape.

I buy that they have enough cash to break even. and when that becomes apparent, probably at the interims, people will start to look at the cash SNTY could generate, or growth they could fund.

Look at the multiples ECK and NET trade on. NET also has legacy businesses that they need to convert to monthly recurring.

This could be good and big.

[140661] 22/3/2016 15:24

just checked the company's website and I see the major shareholder list has been updated to yesterdays date, only change is Helium's increased shareholding, so suspect a few people will be covering their short positions now!

[140661] 22/3/2016 15:22

All gone very quiet on here today, normally see lots of posters saying how bad the company is doing and its going bust, come on boys you can do better than this, lets here your nonsense.

[140661] 22/3/2016 13:00

Its been a long wait but at last a decent day (half day)for Synety's share price. Still only valued at £10m which is probably less than 2x recurring revenues which is very low for a SaaS business. I would like to see some of the other large shareholders move into the market to average down, then we could see some real movement in the share price.

[140661] 22/3/2016 10:40

just listened to the webinar and it supports my view that the company has turned the corner and we can now expect a flow of consistently positive news.

[140661] 22/3/2016 09:39

jimbojet, agree entirely. That's the point I picked up is the tone of the release has a very different, far more professional feel to it. They are making solid progress but are not getting carried away. it is very similar to the tone you see with Dotdigital and IS Solutions where Peter Symonds has weaved his magic before. Feeling very upbeat. GLAH

[little beaker] 22/3/2016 09:09

My opinion is that they will need to do another fundraise some time around the interim results - they state they are burning 200k/month on cash balance of 1.5m and loan of 900k.

You can lop off a lump sum in severance payments for their £40k/month cost savings (someone should ask how much that will cost them, but it will be 6 figures), and even if you take their figures by the end of the year they will have burned:

Jan: 200k
Feb: 188k (388k)
Mar: 176k (564k)
Apr: 164k (728k)
May: 152k (880k)
Jun: 140k (1000k)
Jul: 128k (1128k)
Aug: 116k (1244k)
Sep: 104k (1348k)
Oct: 92k (1440k)
Nov: 80k (1520k)
Dec: 68k (1588k)

So they might be well into their loan facility by end of year, if all goes as well as they are hoping for.

And we all know how their previous forecasts on future profitability have fared... suspect that they couldnt get an equity raise off at an acceptable level?

[jimbojet17] 22/3/2016 08:33

Long term holders will no doubt notice the tone of the release, Synety is growing up! Anyone that understands the way this stock has traded will be pleased to hear confirmation that management will not be raising more funds and that operating expenses continue to trend downwards. For those that can stomach the journey, and it could be a long one, there are riches ahead! GLAH

[deltrotter] 22/3/2016 07:54

Agreed 140661. Still not one for widows and orphans as this could be very tight.

[a.fewbob] 22/3/2016 07:51

Ditto,

Yet another AIM Micky Mouse stock.

[duncandisorderly] 22/3/2016 07:22

Not so sure about it to tell the truth.I can't make the figures stack up to b/e without yet more funding.The USA is the one that disappoints me the most.We were promised so much with that and it hasn't delivered.Lets see how we go from here but I have been very disappointed with this company over the last few years.