Simigon Share Discussion Threads

[cockerhoop] 13/10/2016 08:52

Melodrama,

Try Bateman Eng, Delek, Dori Media Group, Ki-Bi (Zone IP), Leadcom, Medgenics, Metal Tech, Mondial Eng, Nanette Real Est, Orpak, Polymer Logistics, QLI, Titanium, Visual Defence.

[melodrama] 13/10/2016 08:41

BTW, Pilat and Dmatek , mentioned previously , were both bought out , one by a VC, the other another Israeli concern.

[melodrama] 12/10/2016 11:06

yep, a no brainer.

[dgwinterbottom] 12/10/2016 10:44

Any thoughts as to what might be afoot? If anyone was to bid it would get most of the purchase price back by way of the cash would it not?

[rivaldo] 12/10/2016 09:59

Cheers - that's a very big vote of confidence!

No idea why it doesn't appear on m.o.n.e.y.a.m.

[melodrama] 11/10/2016 17:36

No idea BB, but SIM is a steal for those in it's Industry I would imagine.

[battlebus2] 11/10/2016 17:34

Maybe directors buying ??

[melodrama] 11/10/2016 17:31

And, just in , late trade, 500,000 at 25 pence. That is £125,000 worth of confidence.

[melodrama] 11/10/2016 15:27

Yep, someone is quietly hoovering up large blocks on a regular basis recently

[melodrama] 11/10/2016 15:27

Due another Holdings RNS i think

[rivaldo] 11/10/2016 15:25

....and another 100,000 just bought at 24.88p via a second OK trade.

Intriguing stuff :o))

[rivaldo] 11/10/2016 12:48

Nice 146,460 share buy at 25p just reported via an OK (institutional?) trade.

[cockerhoop] 11/10/2016 12:31

Yump,

The list is pretty long, I did some research a couple of years ago and over 50% of Aim Listed Israeli companies from the early 2000's subsequently delisted. There's no particular reason to suggest that SIM will and they have be listed here longer than most but I can't really see how the AIM costs are justified for a $7m t/o company operating out of Tel Aviv and Florida.

[melodrama] 11/10/2016 11:51

146k at full offer lol

[cockerhoop] 07/10/2016 13:32

I'd also be open to the fact that SIM doesn't really need a London listing, it operates out of Tel Aviv and Florida and is cash rich so is unlikely to need to raise funds. Certainly in the past Israeli companies have not been slow to de-list from Aim when no longer required to raise further equity. I was certainly caught out with Leadcom doing exactly that.

[gnnmartin] 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.

[divinausa1] 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

[melodrama] 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!

[cockerhoop] 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.

[loobrush] 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!

[cockerhoop] 05/10/2016 10:08

The largest cuts in 2015 were in R&D - down 38%, admin and marketing less affected.