Psion Share Discussion Threads

[thorpematt] 15/4/2010 11:25

I tend not to worry about the buys and sells - it's all about the price that the trades are matched at (IT TAKES TWO PARTIES TO MAKE A TRADE IN ESSENCE).

We will either re-test 80p or we will have a breakout. (I suspect the latter)

Fingers suspects we have too strong a downtrend - this is why i don't trade usually on JUST charts. (I have a lot of time for Fingers but charting has its limits) - I will sit on the sidelines for a little longer, until a move is made.

In the meantime I've been looking at the product Psion has. (I have seen the numbers and heard the story I like these BUT is the product any good?)

Anyone like to engage some views on this topic (I reckon it is key to the investment):-

[rathkum] 15/4/2010 11:16

Sells outnumber buys yet the quote has gone up to 86p/87.25. Where's the logic?

[diku] 15/4/2010 08:29

Sure hope so...starting bid at 120p...final take out price 150p!...

[she-ra] 15/4/2010 00:10

diku - I think a bid is around the corner.This stock is highly repsonsive to any buying.Something is going on.

[diku] 14/4/2010 22:18

rathkum...early in the week the offer was 88p...2 hours later same day the offer was 82.25p...then back to offer 85p and then 82.25p once again...anybody who bought at 88p must feel short changed in a matter of hours whilst the general market/techs are making new highs..

[rathkum] 14/4/2010 20:14

Agree diku-does my head when the spread can range from 1p-4p
Hopefully patience will pay off

[diku] 14/4/2010 11:56

This stock has a very weird price movements intraday...

[rathkum] 12/4/2010 22:41

Interesting development?





And here is the translation

Psion back on consumer market with Windows Phone

While the rumors of 'Symbian-king "Nokia Phone with a future Windows for some time feedback, it now appears one of Symbian's founders to come up with something beautiful.
The old Psion, for many the only true creator of the PDA (Series 3, Series 5, Series 7, etc. - ah those lovely time) showed this afternoon, with distribution to an intimate private group from the "oldies" two dead prototypes of what now is called Psion Sanu.
It is, indeed, a Windows Phone with aluminum body and a white edge (I think) plastic. A first good looks, but on the other hand, people could not resist the device with a kind of Oreo cookie to compare.

Psion that the return direction the consumer market with a Windows Phone attempt is not very strange.
The British company is in its industrial arm Psion Teklogix has long been well engaged in ruggedized handhelds running on both Windows CE and Windows Embedded Mobile.

Mrs. D. Wahlz the company gave a very brief presentation of not knowing whether the working name Psion Sanu is the commercial name, or that something else will be invented.
The name "Sanu" bullied in any case is quite nice and a bit reminiscent of "Siena", a former Psion Organiser in 1996.

.

.

Here in brief specifications on the device:

* Windows Mobile Professional 6.5.3
* 800 MHz Samsung processor
* 512 MB ROM, 256 MB RAM, MicroSD slot
* 3.5 inch HVGA display - resistive (bit sad!)
* Quad Band GSM / GPRS with 7.2 Mbps HSDPA, 2 Mbit / s HSUPA
* 5.0 megapixel autofocus camera, no flash
* 3.5 mm audio port on the top, front facing VGA camera for video telephony

Notable are the three keys below the display hardware. These are precisely the three buttons (back, and start searching, though it is a separate sign what is on the right button state) required for Windows 7 Phone Series.
The Psion Sanu maybe upgradeable?
On the target, and Windows 7 Phone Series could not say much.
Wahlz thinks about € 400, - without subscription and could already indicate that a Q4 project is to turn the unit on the Benelux market.

Altogether a nice evolution of a brand where it really started for us really is!



Published on March 31, 2010 by WinMo.nl under News (946 times)
Tags: d. wahlz, psion, psion Sanu, Windows Mobile 6.5.3

[she-ra] 12/4/2010 13:32

simon gordon - Enjoy looking for that 70p considering Psion holds 31p per share in cash.

I think Andy Brough wants to buy in cheaper considering all other brokers have Psion as a buy with targets ranging between 119-185p.
The recovery at Psion is going very well and things are starting to normalise in their markets.

When you sell why do you feel the need to come back and talk it down.

You completely contradict what you posted over the last week.It really says you arent trustworthy.

[simon gordon] 12/4/2010 13:24

She-ra,

I weigh up the probabilites. I sold. Will look to buy at c.70p.

I think Fingers chart and Andy Brough's fundamental view are clear-sighted analysis.

If I think I'm wrong I sell, why sit in a stock when your view of the probabilites have changed and you see 15% downside?

I get vexed when I sell like this, 'cause I've spent hours reading the story and got zero return, still I'm prepped if it gets to c.70p.

Good fortune.

[she-ra] 12/4/2010 13:16

simon gordon - So you sold this morning Simon.

So youve both got derampers disease then.
Youve done this before.

[simon gordon] 12/4/2010 10:26

Andy Brough from Schroders was on CNBC's Squawk Box this morning, I emailed in a question on PON, his answer:

~He bought in at 100p.

~After recently meeting management he now expects the turnaround to take longer than he originally envisaged.

~"End markets are still tough."

~"I wouldn't be rushing out to buy any more,...its going to be a longer haul than I initially thought."

-----

If the market corrects or the May events fail to inspire then chart wise it looks like it will break 80p and head to test 70p.

[simon gordon] 11/4/2010 13:20

Computer Weekly

Interview: John Conoley, CEO of Psion

The benefits of modular mobile

Friday 05 March 2010 04:59

John Conoley had his work cut out when he joined Psion in April 2008, tasked with driving change.

In the 1980s, Psion was the number one manufacturer of handheld computers. The success of its ground-breaking Organiser device took Psion into the FTSE 100.

Psion was a household name, a UK success. It kick-started the development of the Symbian mobile phone operating system (the most widely used mobile phone OS) by contributing its 32-bit Epoc operating system to the initiative.

But this is a distant memory. The Psion Conoley joined as chief executive has spent the past 10 years focused on building rugged mobile computers, such as the devices used at airports and in warehouses.

In September 2000, Psion merged with Canada-based Teklogix, a global provider of mobile computing and wireless data collection devices.

Strategy for change

Having spent several years not innovating and generating quite poor financial results, the board wanted someone to drive transformational change, so they hired ex-IBMer Conoley, who also previously headed up energy company EON's corporate business division, where he was responsible for improving the performance and profitability of a division with sales of £1.5bn.

To start with a clean slate, Conoley threw out the sacred cows and developed what he describes as a culture of ingenuity. "The company was operationally a mess, we had a poor supply chain, high production costs and lacked an innovation culture," he says.

Conoley has unveiled a strategy for the turnaround. The company still produces rugged devices, but is taking a radical approach to product development, by using web 2.0 techniques such as crowd-sourcing, blogs, wikis and Twitter though a community site called Ingenuity Working.

Modular development

All of these can drive innovation by providing a forum for ideas, but Psion needed a way to develop products more quickly.

Luckily for Conoley, the company had begun producing modular product designs about a decade ago, which allowed it to create various products from standard modules, such as a keyboard module or display module. Conoley realised the potential of modular designs to speed up product development. Taking a cue from the open source community, Psion's new approach to product development, dubbed Open Source Mobility (OSM), makes these modular designs available to developers and resellers.

"With modular designs it becomes trivial to customise our products," he says. This means Psion can cater for the variety of requirements from its customers, in terms of the type of mobile device they require. "In our main product we have dropped the number of different parts from 600 to 400, yet we are able to generate 14,000 product variations, compared with 7,000 previously."

There is also a benefit for businesses buying these devices. Conoley says customers no longer need to throw away the devices if their business needs change. "They can plan larger projects because the modules can be changed." Psion will be able to extend the useful life of products in the field by replacing defective or obsolescent modules, rather than replacing the whole product.

=====

Times - 5/3/10:



John Conoley: chief executive of Psion

A decade ago, Psion was riding high on the popularity of its Organiser - the must-have device for tech-literate consumers. By the time John Conoley took over as chief executive, in April 2008, those glory days were a memory. According to the former IBM and E.ON executive, the company's website reflected how bad things had become. "When I joined, the website was getting 600 hits a month and I suspect most were from relatives. For a technology company with our heritage, that was humiliating," he said.

Two years on and Mr Conoley, who is married with four children, argues that Psion is "in good heart and in good shape" and that staff morale is high despite the restructuring. "The guys tell me it's not been like this for 20 years. We all walk taller given what we've done," he said.

The company has worked hard to improve its range of products, which was confirmed by a recent deal with BT Global Services. Its robust hand-held computers, used in airports, depots and ports for everything from stocktaking to inventory tracking, are less complicated and cheaper to make than two years ago and can more easily be customised.

[johnroger] 10/4/2010 17:46

Thank you rathkum, a good read!

[rathkum] 10/4/2010 09:06

Article in the Accountancy magazine on Psion's CFO

[diku] 09/4/2010 17:11

A bit dissapointing close considering it was well up most of the day..

[she-ra] 09/4/2010 16:43

diku - Well I think Intermec to start with has about $200-300 million spare cash.

[diku] 09/4/2010 15:54

she-ra...yes and some of those big US tech companies are sitting on pile of cash..

[she-ra] 09/4/2010 14:40

diku - Im guessing you asked about US companies because the dollar is strong against sterling at the moment?

[diku] 09/4/2010 14:19

she-ra...thanks ..that is a big list...get a first bid in and then let others counter bid interest send the price higher!..

This is showing signs of strength today having lagged behind in the tech rally...

[she-ra] 08/4/2010 15:28

diku - Intermec, Honeywell, Motorolla, Dell, HP and maybe Acer (but unlikely) to name but a few.

[diku] 08/4/2010 14:50

Any US tech companies that might be interested in PON?...

[rathkum] 08/4/2010 13:16

Johnroger-Thanks for the above posting.There seems to be one or more determined seller/s this past week.