Sirvis It Share Discussion Threads

[giggsy] 18/11/2004 20:01

SIR plc are a player in the education sector. Word is that RM were looking at buying the cmpany some time ago but did not go ahead. From my contacts in the sector it would appear that their sales have struggled for some time.

It would appear that the business they are in is a couple of years ahead of its time. I personally would have thought the timeis ripe for investing in this company. There is however a need for quality tech suport as schools costs for netwrk support and maintenence has escalated. RMs virtual monopoly in the hardware market has led to them pushing for a bigger market share of the support and installations business. Their flagship solution RM assist howeveris not selling as much as they would like. This is largely due to the fact that their flagship "Community Connect 3" (soon to be 3.1) has been increasingly given the boot by schools. Schools have found that the overall functionality is that of a "rolls royce" when all they need is a "vauxhall Omega", As more schools move away from RM networks (solely supported by RM)and towards "Vanilla " (2000/2003 server networks) there may be room for SYI to increase its market share.

Worth watching

[guru11] 18/11/2004 15:50

I'm a bit confused with the pe ratio.
On advfn.com it reads 11, but with a mcap of £7m and profits of 339k,
to me I work this out excluding the tax element at 21, and taking 30% at 35.

[wwalbers] 18/11/2004 15:41

When SYI took over SRV did anyone get a new share cert or is my old one still valid?

Thanks

[ponty] 18/11/2004 15:40

21|% rise to day, thankes to mm,
getting notice at last

[ponty] 17/11/2004 11:44

12% drop this morning anyone know anything thankes,holding to many, are mm pushing this share, a few buys this afternoon

[ponty] 29/9/2004 16:28

good rns out to day, trading remains buoyant and the current financial year is in line with expectations

[ponty] 23/9/2004 10:37

at last,first time this share has risen since good results well have more of this

[crosso] 12/8/2004 19:16

Anyone know anything !!

Appear to have started to make a profit - any contracts in the offing ?

[skyracer] 11/8/2004 07:09

Appearances can be deceiving. eps based on 51m shares, there are actually 114m shares in issue.

[analcime] 11/8/2004 06:54

Excellent figures ...could be a big gainer today! IMHO

[sandbank] 11/8/2004 06:39

...Well not a bad set of results. Good profits coming from SPT's acquisition Linetex

Preliminary Results year ended 31 May 2004

Highlights


• During the year the Group made significant progress with turnover
increasing by 279% to £3,230,000 and profit after tax for the year was
£339,000 (2003: loss of £288,000);

• In January 2004 the Group changed its name from Systems Integrated
Research plc to SiRViS IT plc;

• In January 2004 the Group completed the acquisition of Packpress
Limited and its principal trading subsidiary Linetex Computers Limited, an
IT support services company;

• Completed a placing to raise circa £2.9 million and arranged loan
facilities of £1 million to fund the acquisition of Packpress Limited;

• Board strengthened with the appointment of Peter Addison as Chairman, Ian
Bailey as Finance Director, Colin Sales as Operations Director and Hugh
Pollock as Service Director;

• In May 2004 Linetex Computers Limited acquired the IT support service
contracts from Open Systems Engineering Limited for cash;

• The Group continues to seek complementary acquisitions, which will add
value to the business and expand its market position;

• Demand for IT services is buoyant and trading continues the trend
established in the second half of last year.

Full figures on

[sandbank] 10/8/2004 20:43

Results out tomorrow for SRV . Worth checking out the RNS in the morning. AGM follows in September . This company has a pretty dozy attitude towards investors though

[ponty] 04/8/2004 23:40

thanks for info Unionhall, shall sleep on it ?

[unionhall] 04/8/2004 13:22

(if you can decipher the following....)

O Ordinary Trade
B Broker to Broker
K Block Trade
LC Late Correction
M Market Maker to Market Maker
N Non Protected Portfolio
NM Not to Mark
NR Ordinary SEATS Trade
P Protected Portfolio
R Riskless Principal at Different Price
RO Result of Option
RT SEATS Risk Trade
SW Stock Swap or Stock Switch
X Agency Cross or Riskless Principal at Same Price
AT Automatic Trade
T Single Protected Transaction
VW Volume Weighted Average Price

[ponty] 04/8/2004 13:15

3 trades so far today
2 L type
1 R type
what do L & R mean

[chris2far] 18/5/2004 11:34

....and again today by Andrew Griffiths.

[sdtoot] 13/4/2004 18:37

Tipped as a buy in the April 04 edition of The AIM & OFEX Newsletter.

[ponty] 13/4/2004 16:07

check the conditions of reverse tackeover,i think it is to do with that. there web site is www.linetex.co.uk

[megsta] 13/4/2004 10:28

Can someone tell us about those large sells on 7th April? £2m (34m volume)

Who would be selling such a massive % of shares in issue, and why?

Will the volume cause a stock overhang that the MM's will need to clear?

Will the MM's raise the price in order to generate interest? Then drop it back once the overhang has been cleared? or will they drop the price; offer at a discount to clear sells?

[ponty] 10/4/2004 10:36

they are a buy after reverse tackeover

[dalcon01] 07/4/2004 17:23

ponty,
can you tell us what it say's please?

[ponty] 07/4/2004 17:10

a good brokers note out

[vision88] 07/4/2004 10:56

a bunch of goons playing pass the parcel

[wilmot] 07/4/2004 10:34

Any ideas whats going on?

[bantam175] 07/4/2004 10:21

Looks like somebody just bought the shop?