Surgical Innovations Share Discussion Threads

[meijiman] 12/5/2015 14:58

gbh -you must inform the board how much money you have dropped here. Adding it all up may take some time. Investing for altruistic reasons sounds very noble -but half the workforce has been sacked due to poor decisions. What an utter plonker you are. Whilst you are it let us know some more of your holdings so we can all avoid them.

[gnnmartin] 12/5/2015 11:32

Very sad. I've no doubt Chris is doing the right thing, but I grieve for poor Graham Bowland, and for those local recruits who have lost the decent career start they thought they had. For some 3 years or more SUN has been running down cash in the expectation of sales into the USA, and I have been increasingly concerned that the expectations were too optimistic. I did not expect such a blood bath would accompany the resetting of those expectations.

I still hold 1.5m shares, and hope Chris can make them worth holding.
Nigel Martin

[gbh2] 12/5/2015 11:26

Still not interested:

meijiman
12 May'15 - 11:13 - 3571 of 3571 0 0 (Filtered)

[meijiman] 12/5/2015 11:13

Nice share price recovery. And why not? -the kitchen sinking is non-cash for the most part. Costs now under control. If this was a US company the rating would be much higher even as a loss maker. Believe the USP is the 'resposable' concept -you don't have to throw away the whole of the instrument after its been used.
The new man at the helm seems to be an expert on manufacturing efficiency and with his track record he should be able to help push sales now the ship is steadied.

[gbh2] 12/5/2015 11:10

"I'm starting to wonder why I have been an investor in this co. for the last 25 years"

Wishing and hoping for a return to 12p :))

[bjfanc] 12/5/2015 11:08

MM's having fun. Share price walked down, no sellers.

[leadingladies] 12/5/2015 10:39

Clearly an intent to build up enough cash in the business to ease liquidity issues which is good news. 50 staff now from I believe in excess of 100 cutting overhead by half but arguably also cuts turnover.

Stated that still a downward pressure on prices but I would have thought that ought to be receding. Aware of upward pressure in construction industry. Would have thought that growth in volume is key to diluting associated fixed costs of production. Roll on a recovery in the US !!

Note a comment in the statement over the challenges of competing with bigger players with significantly more resources. Probably one for the AGM but anybody any idea what SUN's U.S.P. is ? If there isn't one then I'm starting to wonder why I have been an investor in this co. for the last 25 years !!!!

[jmf69] 12/5/2015 08:29

Agreed gbh. Dead wood

[gbh2] 12/5/2015 08:26

Just disappointed that Liversalts is still dishing out useless comments, they could save a few quid by getting rid of him imo.

[argyle underclap] 12/5/2015 08:24

encouraging after the disaster of 2014

[kenone] 12/5/2015 08:15

Looks like the mess has been sorted, just need to get some decent orders chalked up.

[jmf69] 12/5/2015 08:00

Results are with a big loss as expected

[gbh2] 08/5/2015 15:35

Thanks JMF, good to know he's still around :))

[meijiman] 07/5/2015 21:10

That's a good find and an interesting read. He comes across as a hard nosed businessman -I like the idea of buying second hand gear- much cheaper.Don't suppose he's much bothered about mingling with royalty or deadleg politicians.I'm thinking there is a future here with such an impressive man at the helm.Clearly he will be assessing the senior team at SUN to see if they are up to the job.He must have some great contacts as well.

[meijiman] 07/5/2015 11:12

PR was never their strong point. Difficult to have any sensible view on the share price until the update. Think they had about five different PR companies in the past 4-5 years -their job was to act as the fall guy when the company couldn't make the forecast numbers.

[jmf69] 07/5/2015 11:02

Probably because they have sacked all the PR staff

[leadingladies] 07/5/2015 10:55

meijiman - you would certainly have thought so. Had believed this would be where the sales surge in the US would have come from but..............!!!! Perhaps the revolutionary diet "eat less, exercise more" has been adopted although I seriously doubt it ! As said in earlier postings the news blackout is completely baffling.

[meijiman] 07/5/2015 10:10

Are we awaiting news? Every time I pick up a paper or go online I am reading about super obese people. 32 stone woman today. Last week 65 stone man and woman in Wales over 50 stone who had to be carried out of a house in a crane.
Surely this must be a 'growth' market which SUN can access via their instruments for use in weight loss surgery.

[mandate] 07/5/2015 09:49

Yyyyyyyyyyyyyaaaaaaaaaaaaawwwwwwwwwwwwwwwwwnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn

[gbh2] 05/5/2015 08:19

Perhaps SUN can no longer afford to post an RNS ;)

[jmf69] 01/5/2015 07:11

Rns at ams. Good news for sun too

[gbh2] 28/4/2015 13:49

If results are much later they'd be getting told off ;))

[leadingladies] 28/4/2015 13:44

Presume rising on speculation that there are to be some results forthcoming and we were tipped off about all the bad news a few weeks ago (inventory write down etc.) Still amazed there has been nothing published at all on sales / operational activity over the last few months - largely a news blackout. Maybe no sales / support staff left !! The rise is great news but I am still very nervous over long term intentions. Completely agree with meijiman's comments. I wonder whether anybody has sat down and quantified the financial benefits associated with a 3 mm scar as opposed to an 8 mm scar ?

[meijiman] 27/4/2015 11:48

Up she goes. Not going under then? Not going private for a pittance? Maybe with proper management this can re-establish itself as a profitable/cash generative plc. Selling into the NHS must be hard, but their product offering has some unique features. Once you sort out the manufacturing and decide how you will access the US market, which is key, then you have something which may be attractive to a buyer(acquirer) as well.
Oh, and if Labour gets in they will no doubt be throwing money at the NHS so maybe SUN is a good election story play?!