Share Name Share Symbol Market Type Share ISIN Share Description
Simigon Ltd. LSE:SIM London Ordinary Share IL0010991185 ORD ILS0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 9.25p 9.00p 9.50p 9.25p 9.25p 9.25p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 3.9 -0.6 -1.6 - 5.00

Simigon Share Discussion Threads

Showing 1776 to 1799 of 2075 messages
Chat Pages: 83  82  81  80  79  78  77  76  75  74  73  72  Older
DateSubjectAuthorDiscuss
07/10/2016
13:17
Agreed. But a number of recent scandals, the extreme examples being China based companies, have made UK investors wary of companies based abroad and quoted on AIM. Hopefully in the end, money will talk.
gnnmartin
07/10/2016
02:55
been in here a couple of years seems up and down share price not fair should be on a movement up, similar to another one of mine MBO check them out producing the profits but share price going nowhere must be one of the most undervalued tech on AIM that actually makes money on a turnover of 65m the market cap is just 2m CRAZY low price
divinausa1
05/10/2016
14:46
500,000 Late trade at 25 pence. Big blocks now changing at higher prices. Def something going on , Lord knows what!
melodrama
05/10/2016
13:33
Loobrush, The business case for maintenance training is less compelling imo, for example a Full Flight Simulator can be hired for £200-£500 per hour whilst an aircraft would be 10 times that meaning that pilot training using a variety of devices from Low level CBT (think Simigon and Pennant) to Zero flight time level D devices (think CAE & Thales) allowing a newly trained pilots 1st flight in the 'real' aircraft to be an revenue generating flight (ie with passengers) is a no brainer. That's not the case with maintenance training where CBT training would replace traditional instructor led courses. I'm not saying there's not money to be made in this area but it's a smaller addressable market imo. Simigon appear to provide a software tool (Simibox) that allow the customer to produce the courseware themselves rather than providing a full training course for the aircraft variant required. The exceptions to this are the F-16 and T-6 program where they have also designed the full courseware. This requires the customer to have a course design team and access to the aircraft data which is an increasingly significant cost in any simulation.
cockerhoop
05/10/2016
12:53
lse today NEW BUSINESS ADDED Enclosed is a clause from last reults- By adding a new solution for virtual maintenance training to its product offering, SimiGon will be able to build upon its past performance to succeed in a growing market for aircraft technician virtual training. The same technology, training aids and methodology delivering advanced training for aircrew is now leveraged for maintenance staff training, saving organizations considerable time and money with a single training technology backbone. This comprehensive solution is already being marketed worldwide and will contribute to the Company's market share Reading this carefully it says that they have developed and are marketting a set of new systems that cover maintenace of aircraft. This is where the growth is going to come from apart from existing business. Well all kept vague and low key really, but looks like the news will come out and Simigon will be seen to not only have cash but growth potential as well. Now know can see why broker has 45p target price. Probably thats why those recent buys have a bit more knowledge than we do!
loobrush
05/10/2016
10:08
The largest cuts in 2015 were in R&D - down 38%, admin and marketing less affected.
cockerhoop
05/10/2016
09:58
My point is that in real world the additional unplanned workload would require additional or at least stable manpower (not the 25% reduction in operating expenses reported - mainly through staff cuts) and the delay in revenue received should compress margins short term not expand them as SIM have reported.
cockerhoop
05/10/2016
09:48
My guess is that the "deliverables outside contract scope" were various software modifications or additional functionality requirements of the customer. Depending on what has been asked of SIM, it could mean rewriting and testing of a fair amount of software code. Usually, once the master contract is signed up, additional software requirements are a juicy earner for the vendor. So I would expect an additional amount on top of the $6.7m. But again, this is a multi-year contract hence revenue recognition may have something to do with the margins/operating expenses etc.
multibagger
05/10/2016
09:36
I didn't get that either. When I used to run contracts a bit, deliverables outside the original scope led to an increase in contract size. So I'd expect a delay + an increase on the $6.7m. Unless the extra deliverables were minor, in which case how come they led to a delay ? Or was it one of those contracts where even a minor change leads to the whole contract having to be re-written, resulting in the whole thing being delayed.
yump
05/10/2016
09:18
Can anyone explain the following to me? The companies major contract of $6.7m was delayed due to the requirement to 'provide a number of deliverables outside of the original contract scope' yet SIM managed to increase the gross margin and reduce operating expenses by 25% whilst providing these unexpected deliverables. I don't think i've seen an example of a problem contract handled so swimmingly well in any other company........suspiciously well :-)
cockerhoop
05/10/2016
08:35
Overhang is definitely cleared. PacketScience overhang gone entirely. New buyers in the name, like Axxion.
eswr
05/10/2016
08:02
Does this mean the previous overhang has now fully cleared?
dgwinterbottom
05/10/2016
07:41
Yes part of the DeVere group can't be bad. It's a big vote of confidence.
battlebus2
05/10/2016
07:33
Thanks Rivaldo - I checked the Axxion website as well - briefly - but I'm not entirely clear as to what Axxion do though - are they some intermediary or are they a fund management company for Instis ? If Axxion have taken another 1.25m shares, then there is still a large number traded that day, that has been publicly accounted for, so far anyway. Interesting developments...
multibagger
05/10/2016
07:27
Axxion are pretty big - 130 funds and 5 billion euros under management: Http://www.axxion.de/en/axxion/ueber-uns/zahlen-und-fakten.html
rivaldo
05/10/2016
07:06
Now we know who bought some of those shares - Axxion SA have increased to 3.5m shares, or 6.81%: Http://www.investegate.co.uk/simigon-limited--sim-/rns/holding-s--in-company/201610050700096984L/
rivaldo
03/10/2016
22:02
Rather quiet after Fridays excitement!!
dgwinterbottom
03/10/2016
09:04
Many thanks Rivaldo, much appreciated!
dgwinterbottom
03/10/2016
08:51
SIM have not far off £9m liquid assets (cash and trade debtors less payables), compared to the £12.5m m/cap, so the EV is only £3.5m. Yet Finncap's last forecast was for £1.06m PBT this year, or 2.04p EPS, with a 0.53p dividend. As I posted previously, they have a 45p per share valuation based on 51m shares in issue. Adjust from there as you wish!
rivaldo
03/10/2016
08:22
Could anyone hazard a guess as to what the actual present value of Simigon is on a per share basis please.
dgwinterbottom
03/10/2016
02:18
Yes nice rise on the cards. Off topic take a look at ENGI. I posted some info on the BB. http://uk.advfn.com/cmn/fbb/thread.php3?id=18768625
cliley454
02/10/2016
07:51
Finncap have a 45p valuation here, so there's plenty still to go for. Great post from Charlie51 there. It would seem that the Jarvis overhang has now been cleared and everything is set for progress from here.
rivaldo
01/10/2016
20:37
Likewise janeann :) ...SIM is tightly held, cash rich with good recurrent revenues and contract size is generally pretty huge for AIM standards. I have been building a stake here for a while...and expect the market to wake up to the potential in the not too distant future. Also good to see that SIM is moving into new sectors / markets. Coming week should be interesting....nothing specific, but feel that we could see a burst of fresh investor interest with a rapidly upward moving share price (I hope). Good luck all :)
multibagger
01/10/2016
18:40
good to see you here multibagger - and nice to see some upward momentum - was starting to get disillusioned at the lack of activity as have been in this for a while now. will be good to see what prompted the change - rns Monday perhaps?
janeann
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