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SUN Surgical Innovations Group Plc

0.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Surgical Innovations Group Plc LSE:SUN London Ordinary Share GB0004016704 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.50 654,154 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.40 0.60 0.50 0.50 0.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Surgical,med Instr,apparatus 11.34M 264k 0.0003 16.67 4.66M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:37:07 O 100,000 0.444 GBX

Surgical Innovations (SUN) Latest News

Surgical Innovations (SUN) Discussions and Chat

Surgical Innovations (SUN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:37:080.44100,000444.00O
10:05:520.4810,00048.20O
09:03:550.48165,248796.50O
08:49:210.4839,000187.98O
08:29:580.48175,000843.50O

Surgical Innovations (SUN) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Surgical Innovations Daily Update
Surgical Innovations Group Plc is listed in the Surgical,med Instr,apparatus sector of the London Stock Exchange with ticker SUN. The last closing price for Surgical Innovations was 0.50p.
Surgical Innovations currently has 932,816,000 shares in issue. The market capitalisation of Surgical Innovations is £4,664,080.
Surgical Innovations has a price to earnings ratio (PE ratio) of 16.67.
This morning SUN shares opened at 0.50p
Posted at 13/4/2024 17:44 by barrenwuffet2
Let us imagine for a moment you are correct and CMR perform 36,000 cases in the coming year. How much do CMR charge for a set of SUN products? Say £50? So SUN would sell them to CMR at around £25.00 - maybe more, maybe less but this order of magnitude.
36,000 x £24 is £900,000.

Is under £1m growth from what you say is a key driver going to change the world for SUN?
Posted at 11/4/2024 04:03 by buywell3
CMR Surgical sales will IMO now start to help Surgical Innovations begin its recovery

Remember, March 23rd 2022


CMR Surgical & Surgical Innovations develop new surgical hybrid port access system

~ Surgical Innovations’ new YelloPort Elite™ 5mm, with reusable trocar and canula, reduces cost and waste generated when compared with traditional fully single use Port Access Systems

~ Developed with CMR Surgical, the port access system is the latest addition to Surgical Innovation’s Resposable® range of products and is designed specifically for the Versius® Surgical Robotic System

CMR Surgical announced Versius robots have performed 1,000 operations Nov 25th 2020

2 and one half years later

CMR Surgical announced Versius robots have performed 10,000 operations Apr 20th 2023

11 months later

CMR Surgical announced Versius robots have performed 20,000 operations Mar 21st 2024



On january 4th 2024 CMR Surgical announced that 17,000 operations had been performed with some interesting stats

~ After a record quarter, CMR closes the year with a Versius global install base more than 50% higher than 2022

~ Over 17,000 surgical procedures completed using Versius, representing a procedural growth rate of over 60% in 2023, compared with 2022, with an increasing number of complex surgeries being undertaken with Versius

~ Continued expansion into new markets in Europe, Asia, Middle East, Africa, and Latin America




----- It is worth also remembering that for the majority of Versius robotic operations , 4 robotic arms are normally used meaning 4 new YelloPort Elite™ 5mm devices being used with one of those also used for viewing purposes with an optical disposable trocar ---- which at long last Surgical Innovations are now providing

There is every chance in the next 12 months Versius can hit at least 36,000 operations performed or in other words carry out 16,000 operations from Mar 21st 2024 to Mar 21st 2025

New seals are needed as supplied by surgical Innovations for every operation/Versius arm that uses a new YelloPort Elite™ 5mm trocar

So not only are SUN providing the new YelloPort Elite™ 5mm optical trocars to CMR Surgical , they also keep selling 3 sets of seals and a plastic optical trocar for many of these operations



It would be nice to think that SUN are in and have been for some time , in the process of designing another instrument that CMR Surgical will also use

dyor
Posted at 19/3/2024 21:45 by z1co
cashflo

Just ignore PUGUGLY ,the idiot thinks he's clever.That's the 2nd of my stocks he's deramped in the last 4 weeks , he first tried to deramp PIP and now SUN.

Z1CO is on his case , no one likes to have a monkey on their back.
Posted at 04/3/2024 17:45 by z1co
Hi cashflo

Holding some shares is very boring , it looks like SUN falls in this category.

I'm very optimistic that when they announce results this month the outlook for 2024 will be much better than last year and this will put some life back in to these dead shares.
Posted at 28/2/2024 18:24 by cashflo
Not much in the way of innovation regarding the share price here is there folks?
Posted at 24/2/2024 09:20 by z1co
cashflo

Since the trading update on the 29/01/2024 there has been a total buys of apprx 16m shares and most have been bought below the mid price suggesting MM's have a lot of shares on their hands.

Taking in to account the continues decline of the share price last year from over 2p to 0.6p , there must have been a lot selling over the period.

Once MM's offload these excess shares the price will hopefully begin to rise in 2024 due to the business trading far stronger than 2023.

All the recent trades of 0.625p and above have been buys.

Coming back to your comments regarding trades on 22/02/2024:

There were 650,000 buys 201,000 sells and the last 4 trades of 250,000 were most likely sold and bought back in ISA ie like a rollover.
Posted at 17/2/2024 09:49 by z1co
Share price ticked up a wee bit after their trading update on 29/01/2024.

Last year they announced their full year results on 29/03/2023 , not long to go.
Posted at 17/2/2024 08:33 by z1co
Despite all the supply chain challenges and the industrial actions in the NHS the company experienced in 2023 they still managed to achieve a record sales of £12m which was slightly ahead of expectations.

The company has started the current year with an encouraging order book and the recent actions taken to improve operational efficiencies including the re-introduction of a 5-day working week is on track to deliver further improvements to the gross margin in 2024.

The company will update the market next month when they announce their full year results, which will show a marked improvement in trading over the previous year.

Share price which is still at the lows and will start to rise as the year progresses.
Posted at 02/2/2024 12:30 by z1co
The trading update was definitely better than expectations as is the outlook for 2024 but the price has not risen further due to too many shares in the hands of MM's hence you can still buy at below mid at 0.675p.

Once the overhang is cleared the share price will start to rise higher.
Posted at 29/1/2024 14:29 by z1co
Hold them until at least the results , shares will rise.The fall was over done on uncertainty.The company has traded marginally ahead of expectations in H2.

Sales in H2 were 13% higher than the first 6 months.

Outlook for 2024 is also upbeat.

David Marsh, CEO of Surgical Innovations Group Plc, said: "Despite a challenging 2023, the Company finished the year with record sales and entered 2024 with an encouraging order book".

The share price at 0.6p was even lower than 2020 during the covid-19 period.

Was way over sold.
Surgical Innovations share price data is direct from the London Stock Exchange

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