Simigon Share Discussion Threads

[dgwinterbottom] 11/9/2013 07:31

I feel all this talk of winning the $30 CEVT Contract is a bit premature, would be nice if we could forget this for now!

[malachey] 11/9/2013 03:52

Digg: Are you referring to the 40p target price from the June 27th broker's note? Or has there been another since then?

[euclid5] 10/9/2013 21:04

sold out at 3p - 3.5p range - avoiding oil exporers for now - but in MOIL - 2C 1.7B - awaiting Steam Flood Pilot system to prove commercial by early 1Q14 - excellent Inst' backers in this loaded up to 90% s/holders

think the rule with oil expl's is to sell out just prior drilling - unless it's an appraisal well - i.e LOGP / XEL

[diggulden] 10/9/2013 14:39

We will see euclid. IF they win it, then we are due a massive re-rating here, although even without it, I am confident the latest broker target will be achieved just on the steady growth and contract wins.

Did you ever recover anything out of NEW? Not sure if you were still holding when it sank?

[euclid5] 10/9/2013 13:35

wow that must be great if they win $30m - this will hit about 60p plus

[ianb5004] 10/9/2013 12:10

the remainder going to their partner urs federal

[diggulden] 09/9/2013 22:16

SIM have applied for part of the total contract. The total contract is a approx $70M contract, SIM have applied for a part of it, which is up to $30M and is due to be awarded in Q4.

[euclid5] 09/9/2013 21:07

Is the contract worth a total of £30m?

[ianb5004] 09/9/2013 21:05

Run up to half year results mel, 4 trading days left for newbies to get in.

Seller has held it back for 2 weeks selling 20 and 30 k amounts daily but i expect buyers to swamp this week.

Q4 is just 3 weeks away with the prospect of being in with a strong chance of winning the cevt 30 mil contract in q4 ...so exciting times in this superb share

[melodrama] 09/9/2013 14:48

mmm, all time (recent) breakout coming? Lots of smaller buys peppered with reasonable sized

[galacticus] 06/9/2013 17:03

while all focus is on military contracts for me oil and gas contracts will become more regular. On a tech front RSI under 50 a week before speculated record results macd crossing and mapped back consistently does 4-5p after and fast stochatics placed perfectly ,this is primed on graph to hit 39/41 next friday and while many tickers rise pre results then ebb back on day of results tracking SIm back it rises before and does nice % on results day all in all this share has a great future and with that goes a growing share price .

[malachey] 06/9/2013 14:10

Hi Dig! Thanks for the info. I've had an eye on this since the rise in july, and have been waiting to see if it was going to give any of that back before putting money in. It doesn't look that way though so I've gone ahead. Just a small stake as that's all I have to spare right now - Iofina is a demanding mistress!

[diggulden] 06/9/2013 13:49

Welcome Malachey, you have found my other home away from Iofina!

Your timing could well be genius, a company making contract is up for award in the coming months which could transform Simigon completely if they win it.

Even without that, progress has been strong and consistent over the last 12 months with several new contract wins and more importantly, increasing revenues and increasing margins.

Good luck!

[malachey] 06/9/2013 13:36

Just stuck a toe in here. Looks interesting.

[cfro] 06/9/2013 12:57

Great rise again today. As you say dig, we need a positive break of 35p. Would be nice if that happened today.

[diggulden] 06/9/2013 09:07

We've touched 35p twice in the last couple of weeks so any break through this should see the next leg up.

[melodrama] 06/9/2013 08:43

Nice action so far

[galacticus] 05/9/2013 18:40

also for those who dont read L2 and do dummy trades real figures are 147500 buys today vs 88,000 sells of note 75,000 of those buys in round figures maybe all or some of them are an iceberg buy which may indicate ii buying .

[galacticus] 05/9/2013 17:31

yes RSI over sold fast stochatics in perfect part of cycle and mm's willing to take 50,000 shares at 31.9 at close and bigger buys turning up looks like high 30s low 40s a week tomorrow trading day before HY imho in expectation of the words from final results , expect the best HY to date .

[cfro] 04/9/2013 18:08

Share price turning now. Looks likely the short term low is now in.

[diggulden] 04/9/2013 17:40

Interims will give us a good idea of how the recent contract win will be split in terms of revenue. I tried to gleam that information from the company but they were not very forthcoming for 'market sensitive' reasons.

The important thing for me is any forward looking statement. I'm quite happy for the share price to not get ahead of itself, nice and steady is fine for me.

With another decent contract win or two, I can see a dividend maybe being paid in the next 18 months. Time will tell.

Galacticus, you are very bullish here! A £1 share price will need that CEVT contract nailed on IMO, although SIM's prospect are certainly encouraging. If we do manage to land a $30M contract, it will force a total re-rate from the brokers with target prices towards the £ mark, so everything is possible.

What is for certain, the risk/downside from this point is fairly minimal barring a complete black swan event.

[galacticus] 04/9/2013 17:16

techs look very good now fast stochatics at bottom of rane RSI neutral and today 100,000 buys and one 30,000 sell/transfer i would not be surprised to see upper trend on 3 month and 38-40p pre results or on day the results are obviously going to be great just read finals and outlook also CEVT in Q4 but have heard US army want very quicjk so if we obtain could come any time also CEVT aside look at the oil division also set for huge growth and note 9 staff wanted in Orlando and 2+ in Singapore and are partners URS have an office there which may indicate CEVT or other big US contracts close again i reiterate a true investors shareand fully expect in 12 months to be near or above a pound.

[ianb5004] 02/9/2013 12:36

9 trading days to the interim results, they should be very interesting.

anyone any sniff of when the 30m contract winner will be announced?? I think Noli mentioned H4 which could mean next month, but not sure.

[cfro] 30/8/2013 18:55

Excellent post galacticus, you some up the situation here well.

Share price has weakened in recent days but no share goes straight up. Perfectly healthy imo.