Psion Share Discussion Threads

[gumarabic] 31/5/2009 18:03

hope it comes back to 40p as i want some at that price

[ameer] 29/5/2009 20:37

Friday, May 29th Intel, Psion calling truce on "netbook" lawsuit?
Intel and Psion are said today to have reached a settlement in their mutual lawsuits over the use of the term "netbook." The latter company is reported by BlogEEE as having agreed to drop its claims to the word and would let Dell and other PC makers use the word to describe their PCs without demanding royalties or threatening lawsuits. What, if anything, Intel would offer in compensation hasn't been detailed.
The agreement is described as not yet public and hasn't yet been confirmed by either of the involved companies. A final agreement is expected to help the PC category, however, as many companies have recently been pressed into describing the systems as "mini notebooks" or other similar terms despite "netbook" having entered common usage.

Psion originally manufactured the NetBook and later NetBook Pro as mini portables organized around typical online office tasks but stopped publicly selling its last models in 2003; it has rejected claims of an obsolete trademark by insisting that it continues to sell the NetBook Pro in small numbers directly to businesses.

[gumarabic] 29/5/2009 19:29

Why the late fall? Did Potter jump out of his chopper in Biggin Hill?

[she-ra] 29/5/2009 16:15

I hope this isnt insider dealing?

[she-ra] 15/5/2009 12:10

binladin - You said sell at 31p.Hardly going to listen to you are we?

£41 million in the bank.

[binladin] 15/5/2009 10:07

ELECRONIC STOCKS GETTING WACKED;JAPAN MAKING WORST LOSSES FOR SONG IN 4 DECADES:
PSION WOULD BE MAKING A LOSS NOW.

[cockneyrebel] 08/5/2009 07:36

No hidden nasties then, that's all the market wants down here after the shares have been battered imo, in fact I bet that's more than most expected when you condider these have £41m net cash in the bank.

CR

[sat69] 08/5/2009 07:35

Probably in for some profit-taking today.

[sat69] 08/5/2009 07:33

RNS Number : 8878R
Psion PLC
08 May 2009

Friday 8 May 2009: For Immediate Release


PSION PLC

Interim Management Statement

John Conoley, CEO of Psion PLC, will make the following statement at the AGM to
be held later today.
This is required by the UK Listing Authority's Disclosure and Transparency Rules
and covers the period from 1 January to 30 April 2009.

Trading Update
Continuing the trend of late 2008, order intake in the first four months of 2009
has been affected by the current economic downturn but the Board currently
expects that results for the first half will be in line with its expectations.
The Board will remain vigilant and will continue to take all necessary actions
to ensure that the Change Programme helps the business meet its goals of
increased operating profit and positive operating cash flow in 2009.

Change Programme
The Group's change programme remains on track. Cost reductions announced in
March of 2009 have been substantially completed, with material reductions in
costs implemented. The Group's goal of strengthening its third party
distribution arrangements has been aided by the agreement of an alliance with
Ingram Micro, the world's largest technology distributor.

The Group is scheduled to publish its interim results for the six months to 30
June 2009 on Thursday 12 August 2009.

[weatherman] 08/5/2009 07:26

Trading statement - inline with expectations although sales still weak. Cost cutting will continue to lead to positive cash flow.

[mensrea] 06/5/2009 23:04

Boring share but steady away - a good port to anchor up in during a storm. Also good if fork lift truck gadgetry gets you going!

[she-ra] 05/5/2009 15:26

Federal Reserve Chief said today that the U.S economy will recover near the end of '09.Can only be good news for Psion when a substantial part of their business is North America.

[weatherman] 02/5/2009 16:46

Psion gets a mention in the IC as a good value play.

[cockneyrebel] 01/5/2009 17:17

Net cash tho - £41m.

Market cap £88m.

Net off the cash and you have a market cap of £47m


3.9p eps this year, 7.5p eps next year.

You're looking at nearly 100% growth there, on a debt-free business valued on an effective 2010 PE of 4 and paying 5.8% yield.

That sounds very cheap to me for a tech company that's likely to be an early mover in a new bull market imo.

CR

[sat69] 01/5/2009 17:05

Probably is CR, but I feel I've missed the boat here!

[cockneyrebel] 01/5/2009 16:09

About to break out.

CR

[cockneyrebel] 22/4/2009 10:15

Techs leading the rally in the US.

Psion's AGM on May 9th.

CR

[ladybird1] 22/4/2009 08:26

Some positive bits of news on the Psion home page recently

[gumarabic] 20/4/2009 19:58

aye! im with you on this one cr, mainly because it has £42m of pure cash.

[cockneyrebel] 20/4/2009 19:57

Creeping higher, broken the downtrend resistance - think there'll be a lot more here short to medium term.

CR

[she-ra] 20/4/2009 19:55

Very sensitive to any buying.

[gumarabic] 20/4/2009 19:54

quick run to 90p overdue here imhp

[cockneyrebel] 20/4/2009 15:12

Blimey, looking a bit lively late this afternoon, any news?

CR