Sabien Technology Share Discussion Threads

[qvg] 11/8/2011 14:12

yes, one of those shares which does not seem to move, either way!

[masurenguy] 11/8/2011 13:27

Nice and quiet here. Whilst both the FTSE and AIM All Shares indexes have dropped by circa 17% over the past 5 weeks, Sabien has largely remained unchanged and is only 1p (3%) lower over the same timeframe !

[thechamp] 11/7/2011 16:09

I was one of the buys this morning. The continued signs of an improving sales order pipeline in today's announcement was nice to hear.

The compelling story for me though is increasing energy costs:




Demand for Sabien's product will only increase on the back of these increases as the cost savings become more attractive. There is also now a proven track record of implementations to convince potential new customers of the benefits.

The chart has also been consolidating at the current level for some months and is due a move one way or the other.

I'm betting on up and think we could quickly see 65-70p again. Very bullish.

[pippit] 11/7/2011 15:44

Good points about timing. Especially with budgets that need to be dealt with before year end or lost!

[masurenguy] 11/7/2011 13:53

Looks to me like the slightly lower H2 sales are due to the fact that they will tend to be 'lumpy' - just look at the value of some of their RNS listed contracts. Just 3 contracts, Greenwich, Hampshire and Lloyds combined, constituted just over 50% of last years domestic sales and obviously the timing and the billing of significant deals such as these can be very unpredictable.

One should not overlook the fact that H2 sales were still up by 75% compared to the second half last year and that overall sales were up by 114% over the year as a whole. It is also worth noting that the sales pipeline of £7.9m represents an increase of 125% over the £3.5m pipeline figure at the end of last year.

The RNS also referred to "gross margins were slightly lower than in 2010 reflecting a change in sales mix, however, overhead costs have been restricted to only a 4% year on year increase." in relation to the minimal profit contribution in H2. We will probably need to wait for the final results in early October to obtain further visibility on that.

Overall they have made very considerable progress over the past 12 months and this looks likely to accelerate further in the current year.

[wjccghcc] 11/7/2011 10:31

Not trying to knock them. Just trying to get a feel for how lumpy the business is.

A strong pipeline is great but it's still a pipeline (and open to a wide range of interpretation). Outstanding orders would be a better measure.

The half on half reduction may just be a temporary hiccup in their ongoing growth.

Is there an annual maintenance fee for the product?

[goliard] 11/7/2011 10:28

The figures are a bit disappointing, but probably due to timing of invoicing rather than a problem with the company. Their income is a bit 'lumpy', so I guess this is to be expected. If they convert say 80% the sales pipeline then this will be revalued significantly higher.

[g2am] 11/7/2011 10:26

Pippit - I'd agree also. Great company but one has to look at the figures suggested by WJCCGHCC and Measurenguy. Can't argue with maths, and from 185k profit to 190k in six months isn't the best. But still at least it's not a loss

[pippit] 11/7/2011 10:19

With significant sales in the pipline this Company goes from strength to strength. Margins have decreased but so have overheads.Pre-tax profits of £190,000 against a loss of £340,000 look good to me and each statement is better than the last. A very rare winner to my eyes!

[wjccghcc] 11/7/2011 07:47

H2 sales of 952k vs H1 of 1128k so down 16% half on half with 5k PBT in H2 vs 185k in H1. Anyone know if it's a seasonal business?

[kannerwas] 11/7/2011 07:28

An excellent update this morning, making some very confident noises about future growth. The increase in the sales pipeline from 5.7m to 7.9m, over six months, is just what I was hoping for and gives confidence of continuing very rapid growth in turnover and profits in the new financial year.

[cnx] 30/6/2011 20:05

small, but good sale to associate.
lets hope from small acorns mighty oaks grow

[joesoap3] 29/6/2011 17:16

Nice little announcement slid in at dinner time. The update in July should be interesting to read I hope

[joesoap3] 28/6/2011 14:03

Lets hope this is the strat of some buying in the run up to the trading statement in July

[joesoap3] 28/6/2011 14:02

Jane,

The spread is shown 34/38 but the actual buying price has been 36p for quite a while. In fact my broker is quoting 35.90 but at present wont quote for a sell of more than 500 shares

[janeann] 28/6/2011 12:06

2 lots of a 100k shares traded at mid price? unfortunately theyre not mine!

[janeann] 21/6/2011 18:18

yes absolutely certain - and they're in my dealing account! i assume bought on plus markets so not appearing here

j

[joesoap3] 21/6/2011 13:58

Are you sure you pressed the buy button, Jane

[janeann] 21/6/2011 09:20

thanks - have just dipped a very small toe in the water at this stage - although it isnt showing yet. nice to be able to buy well below the bid


j

[masurenguy] 21/6/2011 08:46

There are many AIM small caps sitting quietly below most peoples radar. Year end trading update due in circa 3 weeks time which I anticipate will show positive growth in both sales and profits. Based on a projected year end profit of circa £500K the company is currently on an historic PER of 19 and EVR of circa 17 after deducting net cash at the interims. This probably explains why the shareprice is currently in the mid - 30'sbut this could quickly change if they maintain their H1 growth momentum over the next year.

The SNT shareprice can be very volatile and was at twice the current level - @70p - in April last year after being tipped in both the Daily Mail and the IC. At that time they were still making trading losses - £1.2m in the y/e May 10 - so the shareprice quickly fell back because it was not based on any fundamentals. This year I'm expecting them to report sales in the region of £2.5m with a profit of circa £500K with no tax liability due to carried forward tax losses.

Obviously everyone should do their own research !

[kannerwas] 21/6/2011 08:22

quite a new story; under most people's radar at the moment

[janeann] 21/6/2011 08:09

came across this stock - seems amazingly quiet - rarely a trade - but looks very promising given its market and the current fuel price boom. and resuklts imminent.

accepting its a small co, but why so quiet?

jane

[joesoap3] 17/6/2011 11:08

A bit of a delayed message but have been away and only had limited internet access. I did write to the company just before the 'notice of results' rns and had a personal reply from Alan O'Brien in which he explained that he understood that it had previously taken a long time to produce the results. They were due to discuss this matter at the next Board meeting and would hopefully bring the date forward this year

[masurenguy] 06/6/2011 07:31

Winning awards always helps to enhance the credibility of the company and the technology providing that the business performance also continues to accelerate at anticipated levels :o)!

RNS Number : 7054H
Sabien Technology Group PLC
06 June 2011

Sabien Technology receives Jones Lang LaSalle's Supplier of Distinction Award for Energy & Sustainability.

LONDON - Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, an energy efficiency technology, has been awarded Jones Lang LaSalle's inaugural Supplier of Distinction Award for Energy & Sustainability. The award recognises Sabien's dedication to delivering the highest calibre of services, value and innovation to Jones Lang LaSalle's clients.

Sabien won the award following the installation of its patented M2G boiler load optimisation control at a number of Jones Lang LaSalle's client sites, delivering significant gas savings and carbon emissions. "I am delighted we have been awarded with the 'Supplier of Distinction Award' in the category of Energy & Sustainability, by one of the leading property and real estate management companies in the world. I would like to thank the Sabien Technology Team for this well deserved recognition that confirms Sabien has achieved recognition of the highest order for its incredible commitment, flexibility and competence in delivering a world class client experience" said Alan O'Brien, CEO of Sabien Technology

Five companies were recognised in the program's inaugural year as the 2010 Suppliers of Distinction during Jones Lang LaSalle's Management Training Conference in Austin, Texas on May 18. Winners were selected within four categories including Energy and Sustainability, Minority Supplier, Service Excellence and Total Cost Management. The award recipients were selected through a comprehensive evaluation process by Jones Lang LaSalle's Global Strategic Sourcing Board amongst a pool of hundreds of supplier partners.