Science Share Discussion Threads

[john09] 16/6/2020 06:57

I used to be an FST holder. Saw it peak at 220p and bottom at 20p interesting to see how that develops here

[hazl] 16/6/2020 06:52

"The Board is pleased to reaffirm that the performance of the Group in the year to date has been strong, despite the challenges posed by the Covid-19 pandemic. As a result, it is anticipated that Group adjusted operating profit for the first half of 2020 will be approximately 50% higher than reported in the same period of the prior year. Gross cash at 29 May 2020 was GBP21.6 million with net funds of GBP4.1 million .

This resilient performance has been achieved through a combination of organic growth in the Group's services operations and the contribution from the restructured Frontier Smart Technologies business, acquired in 2019. '

[hazl] 11/6/2020 15:04

Anybody feel the chip might have more varied uses?

[p1nkfish] 11/6/2020 13:23

Car market not coming back fast. Have to dig a little more on the consulting front too. My belief is even bigger companies are pulling in their horns even at the expense of future product development and research.

IoT might be "it" but it is very commodity already.

[life of crime] 11/6/2020 12:56

I have been keeping an eye on this one, having been invested in FST. I feel SAG will do very well out of the DAB market, but a lot more slowly than I had expected because of the hit to the world economy. Digital radios are not a priority for people on the dole or on furlough.

I do not feel the need to buy yet, as I can the share price remaining flat given the forces beyond their control. If anything it may drop if the recession turns into a depression.

I am sure I will make an investment in what looks like a well run business (unlike FST!) and they have executed the integration of FST very well and swiftly. I will continue to monitor the shares and buy on any significant dip (i.e. 10%).

P.S. I agree with the comments that the ventilator investment may end up losing them money, as CPAP seems to be both a cheaper and more effective way of treating the virus. However, that is always easier to say in hindsight and was a justifiable decision by management at the time. I like the look of the BoD and Warren Buffett always said the first he looked at before making an investment was the management. I only wish I had done that with FST because it had so much potential but was run by greedy muppets!

I can see SAG making a success of FST as DAB becomes standard for all new radios in places like France and Italy, which they have pledged to do, and Switzerland is phasing out the analogue signal over the next few years. A great opportunity for FST/SAG but it may take a year or so longer than expected because of this unprecedented situation.

[hazl] 11/6/2020 09:54

Agree but there is something about this one,I feel,for the future.

[p1nkfish] 11/6/2020 09:47

Low hanging fruit hard to find.

[p1nkfish] 11/6/2020 09:45

Been lucky off the bounce following late March, early April in various. Had cash and was lucky. Cant pretend it was skill.

Something in me is expecting another downdraught. No idea when but feel rudderless nearly everywhere I look. Is it me?

Have cash available again but just have a problem pressing the button to allocate. Strange times.

Little confidence in much I cast an eye over.

[hazl] 11/6/2020 09:00

I,too had a few recently, as interested in Frontier, as was.

[truffle] 09/6/2020 08:21

Agree with varies comment.

The ventilator business is now irrelevant, and we now need to know how the DAB/Frontier business is going.

[p1nkfish] 09/6/2020 08:17

Made some money on FST ahort term and was under no illusions about the management but when reading the SAG findings was shocked. It was a real big mess.

[varies] 09/6/2020 08:03

I don't think that the participation in the NHS's programme for Ventilators is of much significance. Was it not announced that the NHS would not award SAG a contract but would compensate SAG for the expenses incurred ?
Of more interest to me would be news of progress with the former DAB business acquired with Frontier Smart Technologies last July.
We are reminded today that Ruffer funds hold 12% of this company and this I find encouraging.

[buywell3] 09/6/2020 07:13

buywells' research indicates that using a mechanical ventilator is akin to the kiss of death,

buywell intends to insist on a CPAP non invasive ventilator if needed .

buywell also intends to not get vaccinated with any rushed and not properly tested Toxicology wise chemical compound

However if after 9 months no adverse effects have manifested themselves , buywell will revisit the situation.

Read up on VAP ventilator acquired pneumonia
Read up also on length of time taken for patients to 'wake up' after mechl ventilator removal
Read up also on brain damage after being on a mechl ventilator

The NHS to their credit have specified CPAP as the first ventilator option to be used

[buywell3] 09/6/2020 07:05

first 4 letter word I have seen you use are you not happy today ?

[p1nkfish] 09/6/2020 06:47

Isn't ventilator work not for profit?

[mammyoko] 31/3/2020 13:02

Key words are 'is being negotiated' and 'conditional upon receiving MHRA approval'

A manufacturing contract ("Manufacturing Contract") is being negotiated by Science Group with the UK Government, for production of 10,000 units of the Sagentia Ventilator conditional upon receiving MHRA approval

Many other initiatives re ventilators are also being assessed and likely outcome is a machine at a low price - possibly sub £1k each. So not sure that the prospect of £10m revenue for SAG should result in £25m increase in market cap.

Check this out for one of the more credible contenders:

hxxps://theface.com/life/oxvent-prototype-ventilator-health-nhs-covid-19

[varies] 07/12/2019 17:17

Edmate
I agree with you that the dearth of comment here is remarkable.
One reason may be that the market in these shares is very thin.
My children and I bought some shares for our ISAs at about 200p in July and I have been working hard to increase my holding recently.
I was able to buy some at 209.9p on 7 November and then left on an order for some more, good for a week at 210p; this order lapsed. I have succeeded since then in buying a few shares at prices between 224 and 231p and am inclined to desist from further purchases for the time being unless the price comes back.
The shares are tightly held and I noticed the other day that SAG had bought in 10,000 shares at 230p.
My investment here was inspired by my happy success with Microgen as described in my post no.30.
MCGN shares took some time to take off and I agree with you that we need to be patient here.
Whether they can make a success of FST seems to be the vital question.

[edmate] 06/12/2019 11:02

Incredible no comments on here given price movement recently. Any ideas on this in terms of target prices? Valuations?

[edmate] 24/7/2019 08:52

varies - agreed. Pretty unremarkable. One for the future this with plenty of patience needed....

[varies] 24/7/2019 08:35

Not much excitement in today's figures, I must confess.

[varies] 23/7/2019 16:36

Having held shares in Microgen (now Aptitude)for many years, I have high regard for Mr Martyn Ratcliffe, the chairman and a major shareholder here. He left Microgen in 2015.
It seems that the directors have decided after their review (and in the absence of an attractive outside offer for SAG) to embark on a new venture with this takeover of FST. They have the resources needed to develop the DAB business which FST was plainly unable to raise.
I have bought what is for me quite a large holding in SAG in the hope that they can make a success of this.
The share price has settled for some time at about 200p and this thread appears dormant. There is scope for a little excitement when the FST transaction is completed and SAG tell us more of their plans.

[john09] 20/5/2019 08:05

Science group has turned 12.5p into 26.5p already with FST