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SUN Surgical Innovations Group Plc

0.80
0.15 (23.08%)
26 Jul 2024 - Closed
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
  0.15 23.08% 0.80 6,492,422 09:49:26
Bid Price Offer Price High Price Low Price Open Price
0.70 0.90 0.90 0.65 0.65
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Surgical,med Instr,apparatus 12.01M -509k -0.0005 -16.00 6.06M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:02:09 O 50,000 0.85 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
2024-07-26 15:02:100.8550,000425.00O
2024-07-26 15:00:360.8524,000204.00O
2024-07-26 14:44:040.79450,0003,534.75O
2024-07-26 14:08:350.7843,778343.22O
2024-07-26 13:41:070.78150,0001,170.00O

Surgical Innovations (SUN) Top Chat Posts

Top Posts
Posted at 26/7/2024 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 0.65p.
Surgical Innovations currently has 932,816,000 shares in issue. The market capitalisation of Surgical Innovations is £7,462,528.
Surgical Innovations has a price to earnings ratio (PE ratio) of -16.00.
This morning SUN shares opened at 0.65p
Posted at 26/7/2024 08:30 by gbh2
Put a Limit order in, a sensible price will be filled.
Posted at 26/7/2024 07:15 by gbh2
I first bought shares in this company in 1998 for 4p/share, the future looked good, I sold up some years ago at 11p when I realised that during the 18 years I held these shares only the Company directors had made any money.

Nothing much seems to have changed here, other than the share price which has gone down and the company directors Pay which has gone up.
Posted at 16/7/2024 14:42 by justiceforthemany
40,000 extra appointments a week.
Backlog to be cleared under Labour.
SUN must take advantage.
Extra orders etc.
Posted at 13/7/2024 19:46 by cashflo
Good stuff from sun here
Posted at 28/5/2024 07:59 by buywell3
Under Labour plans:

NHS hospitals would run evening and weekend surgeries

Patients will be offered appointments at nearby hospitals rather than local one

Labour Party has pledged £1.1bn to the NHS


Hospitals would be expected to pool staff and share waiting lists as part of a Labour drive to deliver an extra 40,000 NHS appointments a week.

Under the plans, hospitals will run evening and weekend surgeries, with staff and resources pooled across a region.

Patients will be offered appointments at nearby hospitals, rather than necessarily at their local one, allowing them to be treated faster, while NHS staff who agree to pick up extra shifts would be offered overtime pay rates.



---------------------------------


If 20,000 of these weekly surgeries were laparoscopic procedures , that would be an extra 1,000,000 in a year

Labour do IMO look like getting in and many voters will currently be on NHS waiting lists

IMO weekend and evening surgeries will have a positive impact upon SUN turnover

Many NHS staff need the money --- which will be paid at overtime rates , and rightly so.

dyor
Posted at 26/5/2024 21:31 by buywell3
New Nordic and Portuguese opportunities for SUN

CMR Surgical has recently expanded activity in the Nordics by partnering with Kebomed – one of Europe’s leading medical device distributors – to bring Versius to Norway, Denmark and Finland; and marked expansion into Portugal with the introduction of Versius at Hospital Lusíadas in Porto.
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 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 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.
Surgical Innovations share price data is direct from the London Stock Exchange

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