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SYN Synergia Energy Ltd

0.1025
0.0025 (2.50%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Synergia Energy Ltd LSE:SYN London Ordinary Share AU0000233538 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0025 2.50% 0.1025 0.10 0.105 0.1035 0.1025 0.10 84,601,279 14:48:43
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 1.3M -5.38M -0.0006 -1.67 8.42M
Synergia Energy Ltd is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker SYN. The last closing price for Synergia Energy was 0.10p. Over the last year, Synergia Energy shares have traded in a share price range of 0.0725p to 0.205p.

Synergia Energy currently has 8,417,790,704 shares in issue. The market capitalisation of Synergia Energy is £8.42 million. Synergia Energy has a price to earnings ratio (PE ratio) of -1.67.

Synergia Energy Share Discussion Threads

Showing 601 to 624 of 1850 messages
Chat Pages: Latest  26  25  24  23  22  21  20  19  18  17  16  15  Older
DateSubjectAuthorDiscuss
09/8/2004
20:32
Any chance of another bidder appearing? Probably not but can dream. Would have liked to see closer to £1.15. Dream of an auction.
timtom2
09/8/2004
14:15
chaddz - what are you talking about??? The deal is done at 100p. That is the news. Its not going higher.
willsie
09/8/2004
14:04
Synstar rockets after cash bid

Mon 09 Aug 2004


SYN - Synstar

Latest Prices
Name Price %
Synstar 99.50p +27.16%

FTSE All-Share 2,138 -0.71%
FTSE Fledgling 2,741 0.00%
FTSE Small Cap 2,438 -0.38%
techMARK 978 -0.88%
techMARK 100 993 -1.13%
Software & Computer Services 366 -1.00%

LONDON (SHARECAST) - Computer giant Hewlett-Packard has snapped up IT services provider Synstar with a recommended cash offer of £163m for the Bracknell-based group.

The offer, which is being made by Hewlett-Packard's HP BV unit, will give Synstar's long-suffering shareholders 100p cash for each share, a premium of 28% to Friday's closing price and a level not seen since the first half of 2000.

Synstar's chief executive Steve Vaughan said, "The board is pleased to recommend this offer because it recognises a premium to the value in our strategy."

HP said it believed the acquisition of Synstar would give it additional expertise and capabilities within the HP Services Division in the UK and Synstar's European markets. Analysts agreed that the deal represented good value for both sides.

maut too
09/8/2004
12:32
so anyone like to predict a target? I recon 150p as soon as the news gets out.

what you think?

chaddz
09/8/2004
08:20
2.6 mill traded in the market already
maut too
09/8/2004
08:06
Well since I bought these on the back of the directors buying in its been a rough ride. Checked out this morning. Its been real. Good luck to everyone who owned/owns this.
octopus100
09/8/2004
07:55
:-)) ... the pricing situation did look strong when compared with the rest of the market ... looks like a done deal
maut too
09/8/2004
06:18
Well here we go ... a £ it is ... was already in profit and therefore looks good to me but could look better maybe



CAS Synstar : Recommends #162.9m Hp Offer
09-Aug-2004 07:13
Hewlett-Packard Global Investments, or
HP BV, said today that the boards of HP
BV, a wholly owned subsidiary of
Hewlett-Packard Company, and Synstar
announce the terms of a recommended
cash offer to be made by Merrill Lynch,
on behalf of HP BV, for the entire
issued and to be issued share capital
of Synstar.
The Offer will be 100p in cash for
each Synstar Share, valuing the
existing issued share capital of
Synstar at approximately #162.9m.

More to follow...

ICV Edited News from Dow Jones
0613 GMT Aug 09 2004

maut too
08/8/2004
23:25
HP in takeover talks with Synstar

Richard Wray
Monday August 9, 2004
The Guardian

IT services and software firm Synstar is today expected to admit it is in talks with Hewlett-Packard over a takeover which could value the Berkshire-based business at around £160m.
Hewlett-Packard is looking to increase its European footprint with the deal and move further into the IT services space. Synstar, based in Bracknell, provides corporate customers with everything from basic software support to restoring entire IT networks through its disaster recovery centres.

In June it reported half-year, pre-tax profits of £2.2m, down from £3.7m with sales of £103m up less than analysts had forecast. The company was upbeat about its prospects, however, having secured its largest ever contract in September. The seven-year maintenance deal with Fujitsu is worth £200m.

Synstar's board is believed to be looking for HP to offer around 100p per share which would value the business at £160m. The shares, which were valued at more than 240p during the dotcom boom, closed at 78.25p on Friday. Synstar refused to comment.

But talk over the weekend that computer games software Eidos is close to a takeover is understood to be somewhat premature. There was speculation that French computer games company Ubisoft is considering an offer for the creator of Tomb Raider's Lara Croft at 150p per share. The bid would value Eidos, which has run into difficulties after a string of profit warnings, at about £215m.

Yves Guillemot, chairman of the French computer games company, has said in the past that Eidos is an "attractive and interesting company" but Eidos is understood to be assessing expressions of interest from several other potential bidders.

US groups Electronic Arts, Activision and Microsoft are all rumoured to be interested. Infogrames Entertainment, which dropped out of talks with Eidos four year ago, is reportedly not considering an offer.

·Internet Business Group is today expected to announce that Cornell Capital Partners has agreed to provide the AIM-listed e-commerce minnow with up to £500,000. The share-backed credit line will be used to invest in IBG's current business.

maut too
08/8/2004
15:35
Great news but only a 20% premium given the chance of earnings growth as Fujitsu contract kicks in does sound a little on the low side ?
timtom2
08/8/2004
09:02
hahahahah,
so this is where the successful businessman- thrice retired millionaire spends his Sunday mornings, mauTToo, you are a tragi-comic figure of the highest order- where is the wife and family you boast of, the fab. women, the sports cars, the world traveller?.
Nothing but a pathetic wee man, sat in his attic, friendless, penniless,boasting via hundreds of aliases, and the saddest part accusing others of posting 24/7,when only you do.
I really feel terribly sorry for you mauTToo,I honestly do, no emotion, [never cried] obviously never go beyond your PC, paranoid, never wrong in your twisted schizophrenic persona, your sort of illness deserves far more help from the state, I would seek help as soon as possible.
Right that is my good deed for the day, off out now with the family, bloody hell its great to be normal, poor old mauTToo, poor sad lonely lost creature

offski

grossone
08/8/2004
08:45
Hewlett-Packard to buy £160m Synstar
By Andrew Murray-Watson (Filed: 08/08/2004) S Telegraph


Hewlett-Packard, the US computer group, is in talks to buy Synstar, the listed information technology services company, for about £160m as part of a plan to expand its European operations.



The two sides are in detailed talks about the exact terms. The Synstar board is understood to be demanding that HP pays a premium at least 20 per cent above the current share price of 79p. An offer at 100p per share would value the company at £163m.

The takeover, which is expected to be announced within the next fortnight, marks the latest step in HP's plans to become a service-led company.

Steve Vaughan, the chief executive of Synstar who took over in 2001 when the share price stood at just above 50p, will make £1.4m from his options as part of the takeover.

Synstar, which specialises in providing desktop management and business recovery systems, is a good fit for HP, which has more than $10bn (£5.5bn) in cash and is known to be hunting for acquisitions in the UK and Europe.

Synstar is likely to be merged into HP's technology solutions group, which offers software, hardware and services packages for corporate clients. The division accounts for 40 per cent of HP's revenues, which hit a record $73.1bn in the last financial year.

Synstar, which was spun out of the IT department of Granada in a management buyout, beat analysts' expectations in June when it posted interim pre-tax profits of £2.2m.

maut too
03/8/2004
06:54
candlesticks look encouraging
maut too
03/8/2004
06:49
A bit more tightening on the spread will wake this one up properly!
chrissey
27/7/2004
13:29
CAS Synstar : Holding in company
27-Jul-2004 14:23
Name of company
Synstar Plc

Name of shareholder
Platinum Investment Trust PLC

Class of security
Ordinary shares of 1p each

Date company informed
Jul. 26, 2004

Total holding following this
notification
5,000,000

Total percentage holding of issued
class following this notification
3.07%

ICV Edited News from Dow Jones
1323 GMT Jul 27 2004

maut too
20/7/2004
06:49
I agree and would propose that this is just a precursor to one of more contract win announcements, once finalised and secure.

It isn't really insider dealing, it is just the rational asumption that if any of the pipeline contracts come to fruition then the value of the Co. will rise and the shares will represent an even better investment.

There is always bid speculation as well.

IMHO of course!

chrissey
19/7/2004
20:44
They wouldn't have changed broker if the last lot were doing the business and getting the Syn story out to clients - would they? Probable Syn management were disappointed with stock price performance given the turn around they have achieved. This recent rally may not be temporary but the start of the recovery.
timtom2
19/7/2004
18:40
Recent rises are clearly down to the new broker recommending it to clients and todays announcment. Question is how long will this rally last on the back of a broker change or is there more to it?
vino1
19/7/2004
13:59
CAS Synstar : Names new broker/adviser
19-Jul-2004 14:58

Synstar announced the appointment of
Investec Bank as the company's
financial adviser and corporate broker
with immediate effect.

ICV Edited News from Dow Jones
1358 GMT Jul 19 2004

maut too
19/7/2004
13:46
this tends to be an institutional share and will depend on the brokers to a large extent
maut too
19/7/2004
13:41
i bought these on the back of a tip really and when i was discussing they said 100p but i feel that might be a bit away
brizo83
19/7/2004
13:17
Wow - maybe the directors were right after all - does anyone have a price target for these things?
octopus100
19/7/2004
13:13
nice bit of movement today
brizo83
13/7/2004
07:53
Yes, ticked up on what looked like, on the face of it, a large sell day. Large blocks of shares may be changing hands so watch for news. Certainly got it wrong when I sold on the last results!
boadicea
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