Scisys Share Discussion Threads

[soundbuy] 18/10/2018 10:07

SCISYS
‏ @SCISYS_PLC
22m22 minutes ago

Following some misleading press headlines, @SCISYS_PLC would like to clarify that, should the shareholders vote in favour of the proposal, only its ultimate holding company will move to Ireland. Its operations will remain in their current locations in the UK, Germany and France.

[boadicea] 18/10/2018 06:09

One of the factors that some may need to ask about is whether the stock will retain it's "unlisted" satus for, inter alia, iht purposes. It appears that the management's choice of exchange does in fact satisfy this requirement. See -

[chasbas] 17/10/2018 16:21

Anybody who attended SSY's PI lunch in June will know that this has been well planned and will have no effect on the underlying business. Only impact is a one off expense of very modest proportions. IMO the shares are cheap.

[yump] 17/10/2018 15:35

I'd expect shorters and the like to appear from every corner once prices take sudden drops. They know that many pi's don't really know the businesses they've bought into and therefore have no value or rating floor to work with.

[stephencoster] 17/10/2018 14:17

Not worried with drop and in fact see announcement today as positive news. One of few companies who have clear plan and contingency in place for Brexit.Shares sold by director in July was planned, and majority were purchased by another Director.Drop over past few weeks still on very low volume and given no change in fundamentals, expect significant upside from here.

[montyhedge] 17/10/2018 14:06

Never did like it since a director sold 125,000 at 185p in July. For me that was like someone ringing a bell and saying near the top.

[yump] 17/10/2018 12:48

Of course everyone that voted for Brexit will blame the government for any negative consequences. It wouldn't have mattered which party was in power, they'd blame each other and the public sheep would just follow along. Always someone else's fault. Its quite pathetic and quite frankly I don't care if I offend some of the people in the pub who express the 'someone else is to blame' mentality.

Just like those idiots who dress in black in the dark and walk onto a zebra suddenly while texting. As I said to one of them the other day - would you rather be injured and blame someone else, or not be injured at all ?

Perhaps I should just sue the next one that does it for causing me emotional distress, having to slam the brakes on and bounce everyone in the car around. A few headlines about that might make people think.

[slopsjon2] 17/10/2018 11:40

Scisys to dual list

SciSys PLC (SSY.LN) said Wednesday that it will create a new group holding company incorporated in Ireland and listed both on London's AIM and the Enterprise Securities Market of Euronext Dublin, as part of its Brexit contingency plans.

The software and IT-systems supplier said its shareholders will become shareholders in the holding company, which will be called New SCISYS, and will hold the same number of shares as they did in the old SCISYS.

The company said the new structure will enable it to satisfy any applicable European Union residency requirements for EU-funded work without adversely affecting its ability to continue contributing to programs funded by the European Space Agency, the U.K. Space Agency and other commercial operators.

[yump] 11/10/2018 17:36

mctmct

What do you think ?

[haroldthegreat] 11/10/2018 13:10

Perhaps not a problem with the system but somebody interfering with power supply like with BA !

[mctmct] 11/10/2018 12:46

What impact will the BBC outage yesterday have on Annova's prospects and profitability?

[yump] 11/10/2018 09:23

Welcome new ? posters with the rapid research on problems.

Main share price drop happened on the 9th. before the BBC glitch from 15.00 on 10th.

BBC glitch just turned up coincidentally.

[gconvery] 10/10/2018 22:23

BBC news problems today due to software problems with Scisys subsidiary Annova OpenMedia software according to articles I've seen....

[yump] 10/10/2018 16:58

It could be that nothing at all has happened or is about to happen, as is the case with plenty of smaller stocks that have taken fright in the last day or so.

Just take a look at the main US charts and the UK charts. They look like they've topped out and at best will go sideways for some time.

Fighting that influence is futile and so is reading anything into individual stocks when the main markets are worried.

Or put it another way:
What are the chances of stocks that are close to highs, carrying on up or maintaining the high when the main markets are behaving like that ?

This is a good test of which stocks really do have support and which haven't. If the main markets drop but carry on in a general sideways trend, then good stocks should get supported at a reasonable level. The badly supported stocks where the investors don't have much confidence (probably as a result of doing no research) will just drop way down.

[stephencoster] 09/10/2018 14:37

I don't think so. Trade volumes so low when hit 160 (

[dr know] 09/10/2018 14:30

It could be that the EU has chucked them off the space contracts, despite them having transferred the control to the German subsidiary, or another contractual problem like that. Us small shareholders will of course be the last to know.

Incidentally if you look at today's graph of FairFX (FFX), it's identical to this one.

[bigwig] 09/10/2018 14:27

Going ex div around now ?

[stephencoster] 09/10/2018 14:20

Always good to read back on past announcements on days like today ... from 20 Sep:"Based on current performance on projects, a buoyant order book and our new business pipeline, the Directors are confident that SCISYS will achieve year-on-year growth in 2018 and that the future prospects of the Group continue to look highly encouraging."

[stephencoster] 09/10/2018 13:27

Big move on no news and low volume. Just brought another 9k shares.

[dr know] 09/10/2018 13:18

Eeeek. What's happened here ?

[mfhmfh] 24/9/2018 13:59

Finncap raised their target price to 205p.

[tomg23] 20/9/2018 17:11

Thought the same, no bids out there all day. Thinking there is a large seller atm. Hopefully will clear them out soon with volume that went through today

[samenic] 20/9/2018 11:54

Seems well offered this morning ??

[mfhmfh] 20/9/2018 11:11

reduction in debt looks promising:

'The resulting net debt was £3.3m, a reduction of £2.6m from the 2017 year-end position of £5.9m net debt (30 June 2017: £9.0m).'


Outlook seems good:

'Based on current performance on projects, a buoyant order book and our new business pipeline, the Directors are confident that SCISYS will achieve year-on-year growth in 2018 and that the future prospects of the Group continue to look highly encouraging.'


All IMHO. GLA.