Surgical Innovations Share Discussion Threads

[leadingladies] 09/12/2014 14:32

Very good Argyle - Hopefully any update will not take us on a "Road to Hell" and with some good news we can afford to spend next summer's holidays "On the Beach" ! On a more serious note would appear the dollar is strengthening which I assume ought to make US sales a bit easier to achieve.

[argyle underclap] 09/12/2014 14:00

It would be nice to have one before i'm driving home for Christmas

ADD - i'm assuming we'll get one

[kenone] 09/12/2014 13:48

More buying today. Expecting an update on progress soon ?

[gbh2] 07/12/2014 13:26

Anyone here that DIDN'T know the new building project had been abandoned should have left the room by now !

[buywell2] 07/12/2014 12:00

Just when is the BOD going to pony up ?

[boonkoh] 05/12/2014 15:15

Looks like I was right. A buyer in the market picking up chunks when available and now at 1.75p - 2p. Still sell volumes though, £20k worth today. Its anyone's guess how much appetite this buyer has. But liquidity is low, so any further buys will force it upwards quickly.

[kenone] 05/12/2014 13:28

Lots of small nibbles this morning - has there been a write up somewhwere ?

[kenone] 05/12/2014 08:32

Hmmm ! 4 trades - all same time and a resultant tick up in share price Hopefully we should get an update soon on progress, meanwhile we are poised for a significant further rise if there is ANY whiff of good news.

[bashor] 03/12/2014 19:06

Agreed, it will be a long time before 6p is back on the radar

[gbh2] 03/12/2014 17:52

Going nowhere fast BASHOR, at least until we get some positive news flow!!

[bashor] 03/12/2014 17:49

Maybe gbh2, but total value of shares traded today was less than £2K

[gbh2] 03/12/2014 15:43

looks to be on the cusp of a tick up :))

[boonkoh] 01/12/2014 15:58

Someone's been keen to do a bit of buying over the last few days. Lots of small trades that fly under the radar, picking up some stock between 1.6p and 1.7p.

I've been looking for a bit of liquidity to sell my holdings and the situation has gotten markedly better in terms of the actual spread. Waiting for the next leg up to 1.75p-2p bid-ask.

[john148] 18/11/2014 20:28

Here's some advice for Chris Rea.If SUN want to show transparency and save themselves £50'000 whilst at it then I suggest they get rid of the the company NOMAD.

[wigwammer] 18/11/2014 14:06

Cheap share dump? It's 10%.Nope I don't find it strange.

[leadingladies] 18/11/2014 11:59

gbh2 - Mr Rea I suspect is a very shrewd investor and no doubt a high percentage of his previous success will have come from reviving ailing companies. To what extent he was aware of the challenges facing SUN when he first invested will I presume always be a closely guarded secret. Similarly how the current state of the company is being quoted! Perhaps naively I feel a great sense of relief in todays news. Having read the recent annual reports it was apparent that the terms of the loan from Yorkshire bank were under severe financial pressure and we ran the risk of the company running out of cash. The recent news gives us hope that the company has a future albeit a diluted future for the existing private investors. Future sales appear to be the key and I still do not undersetimate the challenges of convincing surgeons set in their ways to embrace the benefits of faster patient recovery etc. Hence the logic behind the new training facility that is now consigned to the drawing board !

[gbh2] 18/11/2014 11:13

I find this recent move very suspicious & rather incestuous, considering it was “news” from the company has driven the share price down and now just two current holders (both linked to one company) have gained a significant increase in their holding at a very low price!

Anyone else find it odd that other investors were not asked to partake in a very cheap share dump??

[boonkoh] 18/11/2014 10:44

I'm impressed. Placing price was reasonable to market price. And convertible loan notes have a low interest rate, and convertible price isn't in-the-money. All in all, not a bad deal for existing shareholders. Question is whether it is enough money raised.

[kenone] 18/11/2014 10:12

See - told you CR had a plan ! Might need a bit of patience but should rise substantially from this level when he tells us what his restructuring involves and what sales are lined up. Still no news from that Amercan who was taken on last year to drive US sales. Bet he figures in future plans - or he would have gone as well by now.

[bashor] 18/11/2014 09:33

Just added, looks like they may have a future, another gamble but it's worked before

[bckttsim] 18/11/2014 09:23

Looks good, buys coming in ready for next move north.

[wigwammer] 18/11/2014 08:45

Two points:1) the dilution isn't that bad. 10% now, 10% in three years time assuming the price hits 2.52) the terms of the Yorkshire loan appear to have eased

[bckttsim] 18/11/2014 08:44

Priced to go bust, now with funding will rise substantially .

[kenone] 18/11/2014 07:57

Wonder what the market reaction to that will be ?