Scisys Share Discussion Threads

[yump] 20/12/2018 09:39

Any business that might be disrupted by Brexit (or no Brexit) seems to be reverting towards a p/e of 10 whether they've confirmed growth this year or not. At least anyone topping up now knows its not at the top !

[mfhmfh] 20/12/2018 09:22

top op opportunity IMHO.

[mfhmfh] 17/12/2018 15:10

finnCap today reiterates 205p target price

[montyhedge] 17/12/2018 11:54

These contract wins, hope the margins are there.

[yamaha865] 17/12/2018 11:50

Just a company registration in Ireland surely, not a wholesale move of operations?

Anyway, more relevant is the RNs confirming profit ahead of last year and a very positive outlook statement

[yump] 17/12/2018 11:17

Unfortunately people won't see what they don't want to see !

[brucie5] 17/12/2018 10:14

And another glorious achievement for the Brexiteers. But there again, like JRM, they will certainly be able to see the sense of offshoring the wealth of UK PLC to Dublin.

[yump] 17/12/2018 09:56

They say its already in guidance, but I think the most important thing is the comment that the move of SSY to Dublin has been instrumental in ensuring Brexit has no effect.

[brucie5] 17/12/2018 07:28

Heartening £11m contract on the Galileo project. Despite brexit uncertainty, this business goes on. Unfortunately, huge top at 1.80, so looks like a ceiling there for a while.

[boadicea] 28/11/2018 10:30

The 'NEW' shares are having a slow start.

[yump] 27/11/2018 07:49

Yes. Old SSY 26th, new SSY 27th or something like that.

[tomg23] 27/11/2018 07:47

Is this not to do with the switch over to the new shares pending the court hearing? 27th was date that was mentioned

[podgyted] 27/11/2018 07:41

Company has requested a temporary suspension pending an announcement.

[montyhedge] 17/11/2018 14:35

When that director sold at 185p never been the same since. That was the bell ringing moment to sell.

[brucie5] 24/10/2018 19:50

And looks like a double bottom on the chart.

[yump] 24/10/2018 18:39

I reckon wait until the FTSE 250 hits 17,500 and/or the Dow 24,000 then the RSI will look really good, assuming the price stays around this level.

[hyperboreus] 24/10/2018 13:43

Simon Thompson reiteration of his previous tip(s)concludes as follows:

"So, having first advised buying Scisys’s shares a year ago at 102p ('Tune into a media play', 11 Oct 2017), after which they hit a high of 199p at the end of July this year, I feel that the de-rating since last month’s half-year results (‘Scisys in a really good place’, 20 Sep 2018) is massively overdone.

Interestingly, the share price, at 145p on the offer, is close to the June 2018 low of 141p and very heavily oversold. For good measure, there is positive divergence on the chart, too, with the reading on the 14-day relative strength indicator (RSI) at the share price low made on 17 October higher than at the previous low on 11 October. That suggests to me that not only should a tradable rally be forthcoming shortly, but far more to boot. Buy."

[kingmidas2] 24/10/2018 13:15

Does anyone know what is going on? Price monitoring extensions and sudden price increase.

[soundbuy] 18/10/2018 12:57

Just for completeness re director sells


Director Dealings

SCISYS PLC ("SCISYS" or "Company"), the supplier of bespoke software systems, IT-based solutions and support services to the Media & Broadcast, Space, Government, Defence and Commercial sectors, announces that Klaus Meng, a Director of the Company, has sold 120,000 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") to complete his previously announced planned share sale, of which David Coghlan, a Non-Executive Director of SCISYS, has purchased 100,000 Ordinary Shares on behalf of his wife, Genevieve Marie Coghlan and also to be held by Scawton Limited, owned by family trusts of which members of David Coghlan's family are beneficiaries.

[yump] 18/10/2018 12:10

I seem to remember reading an analysis of director buys ages ago that indicated collective buys were something of a clue, whereas sells had no correlation with the company's subsequent performance.

Presumably that's after taking out any dodgy director selling that in retrospect was suspicious because of forthcoming financial irregularities.

[montyhedge] 18/10/2018 11:59

Good sale at 185p by that director, that was a ding a ling bell ringing moment for me.

[balancer] 18/10/2018 09:57

The big fall looks silly. I still think anything under 170 is a “must buy” and at today’s price I am thinking of selling other things to buy more.

[soundbuy] 18/10/2018 09:32

Well, excellent to see SSY being proactive....was well flagged but still kudos to the management...

Plenty of Cos. citing brexit concerns going fwd in updates/results..........and little else/no reference to contingency plans etc.....those with complex supply chains could be well exposed....

Nobody likes uncertainty.......this removes some..............