Scisys Share Discussion Threads

[noirua] 29/3/2017 12:25

SSY trading very slowly though positive. No sign of large investment interest so far today though SCISYS is a small cap stock. Someone might spot the opportunity before the day ends. Results due, as we know, tomorrow.

[modform] 28/3/2017 11:59

Good thinking ic2, I added to my holding last week. It looks cheap on fundamentals and the chart is very bullish

[noirua] 28/3/2017 09:35

From a charting point of view SSY looks close to a breakout upwards from a pennant.
Gradually moving up to challenge the 100p - 112p trading range of the last 5 months.

[interceptor2] 27/3/2017 20:13

Added today ahead of results on Thursday. Seems like the probability is in it's favour for good results this week, an ahead trading update last November has been followed by further contract win announcements and just over half of revenue is from exports which will be helped by fx rates.

[bobd29] 27/3/2017 11:51

Really hoping for excellent results, this stock has been in a very tight range for months...we need a reason to break out and if fincap are confident enough to reiterate their target price then I am assuming the news will be good. Not long to wait now.

[noirua] 27/3/2017 11:13

Here is the Link:

[aishah] 27/3/2017 11:05

finnCap have reiterated 155p target today.

[noirua] 27/3/2017 10:11

Results are due this coming Thursday. A boring stock to have held since last November.
Annova Systems integration, Exo Mars, Mission Control Contracts and Merlin Climate contract should have set SSY up well. Looking for upbeat results.

[brummy_git] 18/3/2017 12:28

The 3 year loan note they arranged at 7% pa to fund the deal wan't exactly cheap either

[balancer] 18/3/2017 12:18

True, it was a big purchase and a major expansion of the German part of the business. I don't expect to hear much about that till the AGM announcement.

[brummy_git] 18/3/2017 11:53

IMO, a lot will depend on what the outlook is for Annovo systems, the acquisition they bought for €16.5 million on 3rd Jan17. Traditionally Scisys management have been very cautious, so to bet the farm (> 2xsales and 15x EBIT) on such a deal was slightly out of character. Obviously everyone is hoping that it all goes to plan.

[balancer] 18/3/2017 11:14

It seems to have been a good year plus a gain from the exchange rate so the accounts should be good. During the last few months it looks like there has been a seller in the market, but not one of the major investors, the list on the last announcement looked unchanged to me.

[noirua] 18/3/2017 10:41

SSY has proved to be a quite boring stock to hold with MMs leaving a wide spread to reduce risk. In the last 5 months the shares have been a bit soft and probably not looking for too much in the results.

[aishah] 14/3/2017 16:12

SCISYS PLC ("SCISYS"; AIM SSY), the supplier of bespoke software systems, IT-based solutions and support services to the media, broadcast, space, government, defence and commercial sectors, will announce its preliminary results for the 12 months to 31 December 2016 on Thursday 30 March 2017.

Investor Lunch Programme

SCISYS will be holding a series of Investor Lunches for Private Client Investment Managers and Private Investors. Those wishing to attend should contact Tom Cooper on [e-mail] - 020 7933 8780 or 0797 122 1972 for further details.

[cfro] 28/2/2017 15:57

Errr...


Trading update in Nov confirmed revenues and profits ahead of expectations. Since then
there have been several new contract wins....

Price may be below the 50dma but the 200dma lays at 90p. Strong support at 100p.

[onjohn] 28/2/2017 15:38

Price curving 20 and 50d sma. Close to 200 too. Does not look good here imo. dyor
Expect a profit warning

[cfro] 27/2/2017 15:50

Possibly AISHAH. Have added today.

[aishah] 27/2/2017 13:23

Looks like selling has dried up. Can't buy in any decent size now. Should move on from here imo.

[cfro] 20/2/2017 17:18

Added to my holdings today.

[aishah] 09/2/2017 18:57

There's an overhang. Can buy in size at the moment. Once that clears we're off to the races imo. Strong fundamentals and newsflow. Good to see investors adding here. Low PSR and PEG. finnCap have 155p target.

[cfro] 09/2/2017 16:17

Thnks AISHAH,

Also bought back in again today. Should never have sold out first time around with the benefit of hindsight.

Surprised there is no movement in the share price today but no matter results next month should make interesting reading.

[aishah] 09/2/2017 12:26

TechMarketView:

SciSys on Mission Control for GMV

SciSys has provided more evidence this morning of healthy SITS activity in the space sector, signing a mission control contract worth up to €1.9m with GMV, a privately-owned technological business group. SciSys will be responsible for the design and implementation of a mission control system to support the EUMETSAT Polar System earth-observation programme, which will provide weather-prediction data for national meteorological services during the 2020’s and 2030’s. The contract starts this year and is expected to be delivered by 2021.

Coming hot on the heels of yesterday’s news that SciSys is to support ESA’s Rover Mission to Mars (see Scisys launches into new space contract), the win demonstrates the value of SciSys’ expertise and experience in earth observation satellite systems. In this area of the market in particular, there is a lot to be said for choosing a supplier with a strong track record and re-use of proven solutions.

[interceptor2] 09/2/2017 09:13

Bought back in today, I did hold before but grabbed my profits on a spike in November, yet always intended to buy back. The two contract announcements this week provided the catalyst I needed to prompt me into action. Fundamentals look rather zulu like with PEG rating at 0.02 and 0.33 plus PER looks good value at 13 and 10. They were in a net cash position before a large acquisition in November, so it will be interesting to read the statement in the results next month to see how the acquisition is performing and to see how their cash position has changed.

Chart is forming a nice consolidation now which might prove interesting once it can start to breakout.

[pauliewonder] 09/2/2017 07:21

Another contract win. Looks like the business is in good shape.

[aishah] 08/2/2017 10:01

TechMarketView:

Scisys launches into new space contract

It’s great to see Scisys continue its lengthy involvement in supporting some of the most fascinating projects in the space sector. The company has signed a contract for c€3.7m with Thales Alenia Space Italia S.p.A. “to perform activities relevant to the design, coding and verification of the Rover Mission Management Software Instruments Layer (MMS-IL) for the European Space Agency ExoMars RSP (Rover and Surface Platform) 2020 Mission”. The MMS-IL software, which will orchestrate the Rover instruments and deliver observations and analyses back to Earth, is crucial to the mission’s aim to launch and land a European rover on Mars by 2021.

Though some might assume that future BREXIT might impact the UK Government’s commitment to the European Space Agency, that couldn’t be further from the truth. Indeed, at the end of last year, the UK committed the equivalent of around £300m per year for ESA over the next four years. And in January, Business Secretary, Greg Clark, announced that UK space businesses were set to benefit from a £152m fund, using British expertise in satellite technology for international projects monitoring and addressing problems such as flooding, drought and deforestation. When we talk to SITS companies involved in this space, like Scisys and CGI, we sense a real excitement about opportunities in this space