Scisys Share Discussion Threads

[aishah] 09/6/2017 11:20

TechMarketView:

Thursday 08 June 2017
Scisys on track for FY guidance

Scisys issued reassuring guidance this morning ahead of its AGM, with management confident that the company is on track to meet current full year revenue and profit expectations. It is particularly reassuring given the drop in the share price during April that was a response to press speculation regarding the future of existing contracts with UK firms for the European Union’s Galileo satellite navigation system project (see here). The share price has since recovered.

Performance so far this year has been promising. As of the end of March. the order book was 4% ahead of the year end position at £67.1m. It includes £37.8m deliverable after 2017 but does not include revenue from framework agreements such as the Metropolitan Police Solution Provider Framework Scisys won a place on in April that opens up a share of contracts worth an estimated £30m p.a. over a four year term.

The Annova acquisition within the Media and Broadcast is said to be settling in and although metrics to assess its performance won’t be available until Q3 when the first commercial stone is scheduled, it has expanded its customer base since the December 2016 acquisition.

As for the Space division, it won contracts worth €5.6m in February to deliver mission management and control software for two European space programmes and management remains confident about extending its Galileo satellite navigation footprint. Reassuringly, it can bid for further contracts via its German subsidiary.

All in all, Scisys has been able to issue a healthy report card.

[soundbuy] 08/6/2017 12:59

Would agree with the above, leaving the window open to surprise on the upside....

[whymps2] 08/6/2017 10:00

Harry William, I think it's saying something along those lines. To me it's saying the surprise is to the upside. They also mention that the 2nd half should be better than the first.

[harrywilliam] 08/6/2017 09:55

Does comfortably on track really mean, we will beat estimates but better not shout about it yet? That's how I read it

[mfhmfh] 08/6/2017 09:37

solid/positive statement today. patience will surely see the share price above 150p. IMHO.

[bigbigdave] 08/6/2017 06:09

Nice upbeat AGM statement "Directors are confident that full year revenues and profits are comfortably on track to meet current guidance."

[ileeman] 30/5/2017 10:42

Early June update should attract buyers.

Added another 5000 shares today, on ISDX.

[ileeman] 25/5/2017 06:49

Just seen the late RNS. Looks good.

Defintely some overhang to clear but shouldn't take too long.

[yump] 25/5/2017 06:00

As its quoted quite often, here's a link to some data on the value of sales going through G-Cloud:

[mfhmfh] 25/5/2017 03:37

Late rns yesterday

[runthejoules] 23/5/2017 07:41

"Most of the buys are coming up as sells" - Charlotte Ramping, The Big Dump.

[buywell3] 23/5/2017 06:06

May I quote from the book of investment proverbs

A chump yump , ''is one that takes no heed of logic or common sense ''

What I would like to know is are you a chubby chump yump or a leaner version ?

[yump] 22/5/2017 22:09

May I quote from the book of rampology, chapter 2 (reasons for share prices not rising):

"The MM's are holding it back to fill a large order"

;-))

[bigbigdave] 22/5/2017 18:16

Must be a considerable overhang to clear if a weekend newspaper tip only sends it up 0.9%. Well prepared to wait for the longer term here.

[harrywilliam] 21/5/2017 22:32

Will it break out tomorrow.

[runthejoules] 20/5/2017 18:17

I hate it when the Mail tips a stock - always booms then busts and you have to decide whether to sell out of your favoured stock & get back in again cheaper, or just to ignore the fact it's up 10% in a day... hopefully the wide spread will keep some of the Mail readers in and keep some of the hot cash out. at least it's a 'punt' and not a wholehearted recommendation. Bah humbug.

[ileeman] 20/5/2017 14:04

Chart looks set to break all time highs. Business booming, going to be a monster move when it does.


free stock charts from uk.advfn.com

[aishah] 20/5/2017 09:26

SHARE PUNT OF THE WEEK: Space is the limit for bespoke software firm Scisys

Published: 21:51, 19 May 2017

Read more:

[ileeman] 18/5/2017 20:19

Started buying a few.

Seems the framework RNS nothing priced in for that and company and a fairly aggressive buyback program.

June trading update, expecting new all time highs soon.

[runthejoules] 12/5/2017 22:08

So this move up coincided almost entirely with the cyberattack on the NHS - is this an overreactio to the need for more Digital Policing? Or other reasons? Not that I'm complaining, I'm almost in the blue here (I stupidly bought after the Galileo contract news)...

[yump] 12/5/2017 16:34

Not a particularly big volume either.

[bigbigdave] 12/5/2017 15:58

Nice day here, hopefully a move to fresh highs coming soon.

[nick rubens] 10/5/2017 21:25

Just wait for the first of these contract wins and the market will start to take notice.