Scisys Share Discussion Threads

[sogoesit] 04/11/2017 12:24

Hi brucie,
What’s your “clear sell point” concept mean?
(I like £1 or thereabouts stocks cos capital wise they’re cheap to run in a CFD).

[brucie5] 04/11/2017 10:59

I've taken a position here over the retrace. I particularly like early stage growth shares in the early £1 range, as they give a clear sell point, and often move fast. This looks very interesting as a cash generative tech share, and of course, a great chart.

[montyhedge] 03/11/2017 11:25

Profit and we get a dividend, so getting paid while we hold for more contract wins, just looking for the next Micro Focus and Blue Prism, lol.

[sogoesit] 03/11/2017 07:43

Not the same fish kettle, monty!
This is a conventional “contract̶1; service company where revenue is based on lumpy contract wins and, hopefully, generating sustainable revenue from those contracts. Imv.
PRSM is a new concept, outlier, company with all the risks, and hopefully rewards, that that entails. Sure, it sells its “robots” as software but I am surprised it never considered a pricing model where it accrues revenue on a “per transaction” basis... or maybe it will. Here the future is definitely unknown imv.
That’s not to say that they don’t both grow fast in the medium term but setting robots loose in organisations globally means growth is relatively limitless compared to winning contracts on an “individual221; basis and having the manpower capacity, and costs/investment, to sustain it.
Why not hold both for a balanced portfolio?
All imv

[montyhedge] 02/11/2017 17:37

Sogosit Do you think potential of a Blue Prism ?

[sogoesit] 02/11/2017 15:54

Yep, been out today... took some CFDs to be in on the act.
See how it goes.

[montyhedge] 02/11/2017 15:33

Aaah missed my price, if this takes off 155p in a blink of a eye.

[sogoesit] 01/11/2017 16:29

Thanks, I use 21d/53d sma's so saw a cross on 12/10.
Waiting for a retrace to the 21d ma... between 112 and 115p.

[martinthebrave] 01/11/2017 14:19

Charts right on the cusp of a Golden Cross. Strong Buy signal normally. DYOR.

[sogoesit] 01/11/2017 12:06

When's the right price to dive in here, monty?

[montyhedge] 31/10/2017 11:13

Aaaah tried to buy 10,000 online, at 120p, someone beat me to it.

[montyhedge] 30/10/2017 12:32

That was a nice contract £18m, surely one more good contract will get us up to analyst target of 155p.

[montyhedge] 27/10/2017 13:07

Of course news driven shareprice, will go further ahead with rns on contracts, etc.
my target 225p 2018.

[montyhedge] 26/10/2017 09:53

I would be amazed if not over 225p next year, if contracts keep rolling in.Get a growing dividend while we wait as well, lol.

[sogoesit] 26/10/2017 08:24

Certainly looks interesting Monty. Thanks for the lead.
It pays a dividend? My god, this could be a hairy ride, monty ;-)

Anyway it’s Ein schritt in die zukunft. Which can’t be bad... Kein schmerz Kein gewinn (according to google)!

[montyhedge] 25/10/2017 17:24

I'm hoping this is like Blue Prism 8 bagger in a year, no profit, no dividend, market cap £825mScisys market cap £35m, profit and dividend.

[montyhedge] 25/10/2017 15:14

I know he says 155p target price, long term tuckaway I'm looking for a 10 bagger.
Market cap very low, I feel.

[montyhedge] 25/10/2017 13:06

Great article, market cap peanuts, superb growth and a small dividend as a bonus.
Growth and growing dividend, surely the holy grail of investing. lol

[penpont] 25/10/2017 12:55

ST updated in the IC yesterday:

It certainly hasn’t taken Scisys (SSY:115p), a supplier of bespoke software systems to the media, broadcast, space, defence and commercial sectors long to deliver positive news. I interviewed the senior management team at length a fortnight ago and was so impressed by the company’s prospects that I recommended buying the shares at 102p, placing a 155p target price on the equity (‘Tune into a media play’, 11 Oct 2017).

At the time finance director Chris Cheetham informed me that the company’s bid pipeline was “better than any we have seen before”, optimism that looks warranted when you consider that Scisys’s space division, which delivers mission management and control software, won a €5.6m (£5m) contract for two European Space Agency (ESA) programmes, and the directors were “confident of extending our footprint in the Galileo satellite navigation programme”.

They were also upbeat about winning other contracts, too. That confidence has proved well placed after the company was appointed prime contractor yesterday on a €18m contract to deliver the ground station control and communications infrastructure for the German national satellite-communications mission, Heinrich Hertz. The project starts later this year and the majority of revenue will be delivered between 2018 and completion in 2021. The contract not only helps underpin next year’s forecasts – analyst Lorne Daniel at housebroker finnCap expects Scisys to deliver 2018 revenue of £55.2m and boost both pre-tax profit and EPS by 10 per cent to £4.4m and 11.2p, respectively – but it’s a clear validation of Scisys’s Pleniter® software suite for the planning, implementation, control and operation of complete satellite missions. A key advantage of Pleniter® is that it offers scope to provide reliable automation technology that complements conventional, non-automated system elements.

Given the magnitude of the contract award, it’s hardly surprising that investors reacted positively, chasing the shares up intra-day to last November’s 11-year high of 118p. As I flagged up a fortnight ago when I initiated coverage, a close above the 118p key resistance level would signal a major chart break-out, and one that is now clearly on the cards both from a technical and fundamental perspective. Indeed, the shares are still modestly rated on 10.5 times earnings estimates for 2018, and are hardly overpriced on 1.6 times net asset value per share. A prospective dividend yield of 1.9 per cent, rising to 2.1 per cent in 2018, is decent enough, too. I still feel that finnCap’s 155p target price, which values the equity at 14 times 2018 earnings estimates and places an enterprise valuation of £52m on the company after factoring in net debt of £7m at the end of 2017, is a sensible valuation and one equating to 8.5 times likely cash profit of £6m in 2018.

So, offering 35 per cent upside to my target price of 155p, and with further contract wins in the offing to further derisk 2018 earnings expectations, I continue to rate the investment case in a positive light. On a bid-offer spread of 114p to 115p, Scisys's shares are worth buying. Please note that 72 per cent of the shares in issue are held by the top 12 shareholders, so this limits liquidity and can acerbate price moves, but it’s still possible to deal in bargain sizes of 10,000 shares. Buy.

[montyhedge] 25/10/2017 12:43

Run the slide rule over this one, like this a lot, hopefully a tuck away 10 bagger. Small dividend a bonus, lol.

[yump] 25/10/2017 09:17

Its very good news that the latest contract reinforces management's comments about Brexit not being the worry that investors thought it could be.

If a contract from the MET framework is forthcoming soon, the share price should end up on a permanently new level.

[nick rubens] 25/10/2017 08:33

THis is the exciting part announced April 2017.

SCISYS Wins Place On Met Police Solution Provider Framework

LONDON (Alliance News) - IT services developer SCISYS PLC on Thursday said SCISYS UK Ltd has won a place on the Metropolitan Police Solution Provider Framework.

According to SCISYS, it is one of seven organisations to win a place on the framework.

The Metropolitan Police Solution Provider Framework expects to have a pipeline of GBP30 million from the Met Police Service and can be used by other UK police forces, parts of the Greater London Authority, and by partner organisations such as Transport for London.

It is expected that up to 16 projects will be active at any given time and that up to 10 projects will be commissioned annually.

The total value of the framework over its four-year duration, including all potential participants, is estimated at between GBP250 million and GBP350 million.

"This is a potential game changer for SCISYS in the MPS; our long-standing relationship with the MPS gives us a great platform to bring benefits to their business through this new framework. We look forward to discussing their needs and helping the MPS make London the safest global city," SCISYS Divisional Director Andy Whitehead said in a statement

[dr know] 23/10/2017 21:00

Last weeks's jump was because of a Simon Thompson article in Investors Chronicle with a 150p target price.

[albanyvillas] 23/10/2017 20:43

why did it jump last week

very leaky