Psion Share Discussion Threads

[rathkum] 23/8/2011 11:34

Can't figure out how these guys cannot make a decent profit based on their turnover. I assume some other institution must be off loading to enable Sterling to load up

[amchugh] 23/8/2011 11:08

Must be positive news , how did find out how many shares they own now?

[wessie] 23/8/2011 10:57

Has anyone else noticed the significant buys by Sterling Strategic value? They have purchased around 6 million shares since early July and now hold just over 17 million.

[amchugh] 22/8/2011 14:45

Psion Lastest products:

Psion EP10: Durable & Complete Enterprise PDA


Psion Omnii XT10 Handheld Computer


Surely this stock is worth at least a £1 or more?

[sat69] 17/8/2011 21:07

Bought in today at 63p. The last time the share price fell to these levels 2 years a go, it doubled in 3 months!

[sat69] 11/8/2011 21:19

Oops! You're right Shauney!

Having read the rns I believe they are an excellent buy at 65p. The bonus is they're still paying a 1p divi! I haven't held for a long time but may take a dip tomorrow.

[shauney2] 11/8/2011 20:04

Sat69...too late.
Interims out this morning.Not too good.Supply problems
On my watch list so just checking them out.

[sat69] 11/8/2011 19:58

Interims tomorrow. Expect a big move, not sure which way though!

[rathkum] 11/8/2011 18:28

That's our only hope. Very long haul from here.

[bachellor] 11/8/2011 18:07

any hope of takeover bid

[sat69] 12/7/2011 23:55

Hovering near 2 year lows. Oversold.

[amchugh] 05/7/2011 04:48

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.

[amchugh] 04/7/2011 20:47

Interview with the CEO John Conoley , in english around 1.20:



Hope today was the market getting it wrong, because the ceo sounds quite positive.

[binladin] 04/7/2011 08:07

Psion is history unless they can come up with a new ipad.......

[topvest] 04/7/2011 08:03

Well this all seemed quite predictable. I sold a few months back as I thought they would struggle to hit targets this year.

[sat69] 04/7/2011 07:43

Psion PLC

04 July 2011

For immediate release 4 July 2011

Psion Plc

("Psion" or the "Group")

Trading Update

Psion plc the mobile computing solutions company, today provides a period end update for the half year to 30 June 2011, in advance of publishing its interim results on Thursday 11 August, 2011.

The Board expects that the Group's full year performance will be below management's expectations for the year with a shortfall in the first half of the year partly mitigated by second half improvement supported by the new, lower cost, rugged PDA device (EP10) and CDMA (roaming technology for the USA) products. Initial bookings for EP10 already total approximately 9,000 units. Hardware orders booked in the first half are 16% ahead of the same period in 2010 on a constant currency basis.

Units shipped in the half are approximately 3 per cent above the level for the same period in 2010 however revenue levels are expected to be approximately 4 per cent below those from the first half of 2010. The reduction in the reported revenue compared to the same period in 2010 is driven primarily by supply chain issues in relation to one product, in the final weeks of the period which have now been resolved and the translation of revenues due to the comparatively weaker value of sterling against the US dollar in the prior period. The impact of these factors together with the development and launch expenses for the new EP10 product will result in Psion reporting a loss in the half of approximately GBP4m (2010: profit of GBP0.7m)(see note 4). For the full year Psion anticipates the annual revenue growth rate for 2011 over 2010 to be in the range of 5 to 8 percent, with gross margin rates and operating costs similar to that achieved in 2010.

EP10 and CDMA have placed Psion for the first time in the largest and fastest growing segment of the rugged handheld marketplace. These now support our growth but they are also material in our strategy of building revenues in the US which is the largest potential geographic market. Further new product launches are planned later in the year and next year, and the Board expects these will continue to generate momentum for the Company.

[jamesmaggs] 09/5/2011 13:56

Psion (LON:PON) - Waiting game
Monday, May 09 2011 by Edison Investment Research 0 comments


May 09th 2011 - Edison Investment Research today published a report on Psion (PON.L, LSE:PON, LON:PON) entitled "Waiting Game". In summary, the report says:

Psion's IMS suggests that trading is in-line with expectations, with H111 result expected to be broadly in-line with last year. The company remains on track to launch higher-volume modular products later in H1, uptake of which will be key to drive the significant uptick in H2 trading required to meet full-year estimates.

[amchugh] 06/5/2011 18:44

Did anyone make it to the AGM today , I always go but stockbroker did not send me the letter this year. They always do a presentation which they post on there web-site. I don't seen to be able to find it on there web site.

Any report from the AGM welcome.

Cheers

[topvest] 07/4/2011 21:07

Lol - that would be a recipe for disaster - they are too small!

[rathkum] 07/4/2011 12:42

That explains the spike up

[pillow] 07/4/2011 12:16

Rumour Psion about to re enter handheld market with ipad and iphone killer.

[wessie] 06/4/2011 21:14

I'd settle for 158!!!

[rathkum] 06/4/2011 15:45

A tad too optimistic. I'll settle for 120p.