Surgical Innovations Share Discussion Threads

[jmf69] 07/11/2016 11:13

Yes for the technology and the potential for new products

[reallyrich] 07/11/2016 11:09

They bought it for the technology. Read the RNS AGAIN!

SDL has introduced specialist production processes including metal injection moulding of medical components, which are of particular relevance to SI Group and others in this sector.

Managing Director of SI Group, Melanie Ross, commented: "We are delighted to be working with SDL and its owners to further broaden our product portfolio, and bring additional precision manufacturing techniques to our facility at Leeds.

[bashor] 07/11/2016 10:49

Let's not forget this is a tiny business

[gbh2] 07/11/2016 09:55

You'd hope they've already worked out the savings that can be made from integration of the manufacturing at Horsforth.

[mandate] 07/11/2016 09:54

Surely it depends on the fit to the business?

[bashor] 07/11/2016 09:50

I like the fact that they have confidence to go out and spend money but really!! Revenues of £120K and making a loss of £170K hardly a good strong business

[gbh2] 07/11/2016 08:32

Looks good, bound to be profit taking before we see a rise imo.

[jmf69] 07/11/2016 08:11

Surgical Dynamics Limited design and manufacture some 3mm and 5mm instruments. Appears SUN could leverage existing manufacturing facilities in Leeds and definitely synergies there.Looks a good fit and good price.

[bjfanc] 07/11/2016 07:33

Sends out the right signals. No reason why over a 5 to 10 yr time frame, that SUN could be as successful as AMS.

[jmf69] 07/11/2016 07:17

An acquisition. There we have it. Paid for by cash

[leadingladies] 03/11/2016 15:40

gnn - be interested in your thoughts on this one. I still hold quite a few shares badged under the old Haemocell name before the (if memory serves me well) reverse takeover into SUN and also a large number taken under subsequent rights issues. Any exemptions in this case ?

[gnnmartin] 03/11/2016 15:20

The CGT exemption applies to AIM shares bought in a placing or other issue that qualified for EIS relief. There are restrictions on who can enjoy EIS benefits, and I doubt if Nigel could, given his position in the company.

Oops: too slow posting that.

[leadingladies] 03/11/2016 15:11

Noted, thanks. Got some in my ISA but on the basis of rapid rise in price will therefore just have to reconcile to paying the 10% CGT (I think I can live with that !!)

[contact2fsnetcouk] 03/11/2016 15:05

LL - That refers to EIS shares - these are not EIS shares but are ones bought "in the market".

[leadingladies] 03/11/2016 14:50

I may well have got this wrong but have a look at pg 5 of the doc linked above. Should stimulate some debate at least !

[jmf69] 03/11/2016 13:45

The 3 years cgt is news to me

[leadingladies] 03/11/2016 13:35

Confess a bit puzzled by Mr Rogers actions. Shares are traded on AIM and I understood as long as held for more than 3 years they are CGT exempt. Possible takeover perhaps ??

[jmf69] 03/11/2016 11:16

Delayed 1m buy showing from this morning

[jmf69] 03/11/2016 11:02

I certainly don't think it's a signal to sell and I will continue to hold looking to top up on any dips.

[contact2fsnetcouk] 03/11/2016 10:48

RE the share manoeuvring, all family share purchases and sales, available on the FT site, are shown as Mr N Rogers. My estimation is that, as a couple they have made a gain of £27,200, if you deduct two CGT allowances from this gain there will be about £5,000 exposed to Capital Gains Tax, probably in the wife's name as I assume she will be exposed to the lower rates of tax.

They have each put £15,000 worth of shares into their ISA's so that any future gains, and dividends!, will be sheltered from tax. Bearing in mind that any gains less than £11,100 are tax free does this mean that that they expect the gains on these shares to increase by more than £11,100 each OR that they expect more modest gains but they have other shareholdings on which they expect to have gains of £11,100 so that they are sheltering SUN gains from CGT.

Additionally, Mr Rogers has put a modest £7,700 shares into his SIPP (Pension fund), this again will allow him to personally avoid any tax on gains and, of course, the gains will be tax free in the SIPP.

To me - this is a BUY Signal. Can anyone lend me £20,000?

[gbh2] 02/11/2016 15:44

He qualified as a Chartered Accountant in 1983 so he must be getting on.

[jmf69] 02/11/2016 15:43

Age 55, maybe he moved his holding around for tax reasons?

[jmf69] 02/11/2016 14:52

How old is nigel Rogers

[gbh2] 02/11/2016 14:28

The RNS indicates an interesting maneuvering of shares, someone thinking medium to long term gain imo,