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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Psion | PON | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 87.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 87.75 | 87.75 |
| Top Posts |
|---|
Posted at 17/8/2012 13:57 by johnward1234 hi praipusglad to see someone is still here. anyway i'm sure most psion private investors are thinking this is a poor price for this company (hope motorola solutions don't get their 90%.) but it seems likely even with a new offer timetable extended. |
Posted at 05/7/2011 04:48 by amchugh Independent:Lessons from a former technology star As one of the most famous names in British computer technology, the story of Psion is one from which today's dot.com entrepreneurs should draw both lessons and hope. In the former category, the way in which Psion, whose hand-held devices were once a must-have for technology-savvy consumers, fell from grace is an example of how fickle this business can be. In the latter, the way in which Psion has reinvented itself since those days ought to encourage anyone wondering about the longevity of their current business plan. As for the profits warning issued by the company yesterday, investors can, for now at least, look beyond it. The relapse into loss for the first half is clearly disappointing, given that Psion had appeared to have put the loss-making years of the recession behind it in 2010. But the particular problems that lie beneath the warning namely the strength of the pound and a supply chain issue affecting one of Psion's older products should not undermine the credibility of the turnaround plan put in place at the company by John Conoley, who arrived as chief executive in 2008. Indeed, that plan appears to be playing dividends now, with the company's order book looking much more healthy than at any time for several years. And while "rugged handheld devices" may be a market where success will not make Psion a household name once again, the opportunities are all the more exciting for that. |
Posted at 07/4/2010 20:16 by simon gordon I had been wondering why the share cratered last November, found this:Seymour Pierce - 25/2/10 Psion reports its full year December 2009 results on 4 March. The trading update on 19 January had the merest hint of optimism but this came after the IMS on 19 November that caused a nudging down of revenues estimates and a reevaluation of the costs estimates, due to the appreciation of the Euro and Canadian dollar and the management's revised development strategy. The figures themselves should have little to excite. ====== The Finals did not set the share on fire, they're having the AGM and an Investor Day during May, could one of these be a catalyst or will it be the Interims in September? |
Posted at 06/4/2009 10:09 by cockneyrebel Annual report goes out today - buying from investors adding at the bottom tomorrow imo.Chart nearing a rather noce breakout point. CR |
Posted at 14/8/2007 17:53 by garycook Research I have held the stock for 6 years,and deserve better still nice little bounce today.Was thinking of selling but seeing I have owned for 6 years a few more will not hurt looking for 180+,should have sold at the last top,but forgot i even had the stock.Good luck to all PON investors. |
Posted at 27/6/2007 09:16 by mensrea Thanks Ludwik, we cannot say that the Board has the reverse of the Midas touch. Everything they touch does not turn to doggy do! Their problem is that they lack vision. If they set out their business strategy for the next 3yrs and then deliberately ignored it, stayed in those markets that they have, in their wisdom, written off and resisted the urge to chase rainbows, the Company might just start to turn around. An extremley poor performance!!! Even the brochure is naff - "we make ugly looking electronic devices, some of which work in hostile enviroments like.....the freezer". A total lack of investor confidence in this Company! |
Posted at 03/4/2007 11:19 by tuffbet Well that's 170p passed for the moment and I notice that PON appears today in ADVFN's "Toplists" as a "Price Breakout" over 12 weeks . That might mean momentum investors will start to show interest - we shall see. |
Posted at 07/3/2007 09:40 by tuffbet Volume at the moment in PON disappointing but perhaps reflects general feeling of nervousness in the markets.Institutional investors seldom make instant decisions based on results so once the brokers have gone through the figures and put there recommendations out we might see a flurry of activity- assuming the market manages to stay upright in the meantime. Irrespective of what the market does PON now looks a solid share to hold in terms of PE,Cash, increasing dividend etc so it's moving away inexorably from being a punters play to the type of company the institutions are more interested in. As I have written on several occassions before I am sure this was David Potters long term strategy when he sold off Symbian and chose to focus instead on the corpoarte cheque via Teklogix so a high five to you DP |
Posted at 08/1/2007 16:05 by she-ra binladin - The above is a blatant ramp that is totally misleading."Low interest rate,low fuel prices,and Global markets are at their peak and still going up, High Tech companies are the first to move upwards" What the hell are you on about? Low fuel prices?What planet are you on.What about the ongoing worry with Iran and China's insatiable demand for oil?Are you actually an investor or a comedian? "1 Psion immediate target price is 150p 2 250p is the widely expected takeout price." Says who?Are you making up numbers and takeover rumours?Please direct us all where this has been mooted in the press.Give brokers comments to back this fiction up. "9 Dells up 10%" And????????????????? "7 ARM and AU are worth over a few billion, the only one left is PON which was 15000p a share and now 122p a share." Were you frozen in time in 1999 and have just been thawed out because that was the kind of thing that could make any tech rise but nowadays we looks for companies in the same industry but more importantly we go further and look at companies on an individual basis.Autonomy and Arm are in different markets with highly valuable intellectual property and who make more money than Psion. "6 During the tech boom 4 companies out performed all the others these were PON,ARM,AU,BLM.(BLM was bought out)" Now this is just blatant MISLEADING of people.Baltimore was worth £2 billion and you know as well as I do that Baltimore was bought for circa £20m as a cash shell where shareholders all lost. Can you explain how these 4 companies outperformed "the others"? If you are going to use figures use them accurately.Arm is not worth a few billion it is worth £1.6billion.Autonomy neither isnt worth a few billion infact its not valued at £1 billion it is worth less than £1 billion! *Are you a bit remedial binladin? |
Posted at 16/11/2006 17:25 by johnroger Edmond JacksonThis article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors and if in doubt an investor should seek advice from a qualified investment adviser. Ben Rogoff, senior fund manager for the Polar Capital technology investment trust (PCT), currently finds the US more interesting than Europe for technology investing. The fund's annual report to end-April shows half its net assets in the US despite currency risks. However, Ben is not troubled by the constant fears over the dollar in currency and share markets, his antenna tells him to invest where technology and valuations are most attractive. More positively for UK-oriented stock-pickers, his scepticism is intriguing in terms of the companies he does like. There are still a few special situations with ability to take on the world. Blue sky stories In technology it is easy to get lured by exciting blue sky stories, which are fine so long as hopes run high and the wider market holds up. It can be wise to diversify, and debating with Ben I was interested to hear him favour Psion (PON) as a classic restructuring play. Many of us recognise Psion for its mobile computing and wireless data products. Like other technology companies, its shares have been on a rollercoaster over the years. Management has had to re-position the business amid changing markets, and investor sentiment has accentuated the swings. Psion is hardly something new to grip imaginations. Yet in terms of relative risk/reward, it has demonstrated substantial profitability with a return to profit of £6 million (normalised, pre-tax) in 2004 and over £10 million last year. Although analysts expect profit to be effectively flat this year; about £17 million is projected for 2008 with the company's trend improving as the full benefits of restructuring kick in. Opportunity and change Studying Psion, I can see an opportunity in the current share pricing after a combination of short-term factors caused it to halve by September. It is now recovering, and at about 120p the group is capitalised at £168 million. A 27 July update noted that the chief executive had been taken ill: a major upset for any company, especially in the fast-moving technology industry. The July news re-iterated a mild caution in May's AGM statement about gross margins being hampered by competition and adverse exchange rates. Unsurprisingly, the market took fright with the dive from a 150p range to 100p. Nowadays, any sell-off is liable to over-shoot as short-sellers exploit momentum, and Psion has reasonable liquidity (as a smaller company share) for trading. By the 11 September interims it had been mutually agreed that Psion would search for a new chief executive. As a short-term issue, if the market is encouraged by the board's choice then the shares should enjoy more support. Under pressure The first half 2006 numbers show that Psion Teklogix, the group's main operating business, achieved revenues up 18.2% to £93.4 million, but had its margins pressured by competition and adverse exchange rates. Psion derives nearly a third of its revenues from the US, hence trends in the dollar will continue to influence profits. Yet being a truly international business makes Psion a useful share for exposure to the current upturn in technology spending. Summer order intake was strong, and this together with better margins is expected to improve profitability materially in the second half. Management has cautioned that it will take up to 18 months for the full benefit of the restructuring to be realised, although that is encouraging for medium to long-term investors. The price-earnings ratio is 27 times for 2006 earnings falling to 15 based on 2007 forecasts, although the shares yield nearly 4% which may lend support. Of interest In terms of industry valuation benchmarks, Motorola (MOT) has recently acquired Symbol for twice its annual sales, implying a target price for Psion of about 250p per share. Psion is hardly fashionable among investors yet offers interesting risk/reward. |
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