Synectics Share Discussion Threads

[arthur_lame_stocks] 02/4/2022 18:10

Yes I think Whitehall paid more than £2 for a lot of their shares.

[she-ra] 02/4/2022 16:21

I don't think the major shareholders would accept such a low offer. I would have thought they would be looking for £3+

[ohisay] 02/4/2022 04:48

Healthy looking forecasts with a continuing good cash base ..
As I mentioned last year my own target is 180p which I is what I reckoned the BOD would want were it to become an acquisition target.
Well worth looking at their website for their blue chip customers and their technical one stop shop offering .

Still my largest holding..

[ohisay] 30/3/2022 14:32

Yes indeed ..This is very much a post Covid stock.

[value hound] 29/3/2022 11:04

Good couple of days - on the way to a more reasonable 150pps perhaps?

[arthur_lame_stocks] 08/3/2022 11:03

Yes this is a quality company and once the oil and gas and gaming markets recover these should too.

[rainmaker] 08/3/2022 10:57

Lovely-

Synectics Wins Five-Year Contract With National Grid
08/03/2022 9:35am
Dow Jones News

Synectics (LSE:SNX)
Intraday Stock Chart

Tuesday 8 March 2022

Click Here for more Synectics Charts.
By Anthony O. Goriainoff


Synectics PLC said Tuesday that it has been awarded a five-year contract with National Grid PLC to provide security management software support.

The U.K. provider of security and surveillance systems said that although the total contract value was confidential it expected to recognize revenue of around 600,000 pounds ($786,240) in fiscal 2022, and that this would lessen in each of the remaining years of the contract.

"This further expands Synectics' footprint in high-security infrastructure markets, where we have a strongly differentiated product offering," Chief Executive Paul Webb said.

Shares at 0901 GMT were up 2.50 pence, or 2.3%, at 112.50 pence.


Write to Anthony O. Goriainoff at [e-mail]


(END) Dow Jones Newswires

March 08, 2022 04:20 ET (09:20 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

[ohisay] 23/2/2022 13:59

Paul Webb, Chief Executive, and David Bedford, Finance Director, will provide a live presentation relating to the Company's audited final results for the year ended 30 November 2021 via the Investor Meet Company platform at 2:00pm GMT on 24 February 2022.

Bound to be better tomorrow !

[moreearl] 23/2/2022 12:29

I topped up too, still undervalued. Could do with breaking 125p to create a bit of upward momentum

[ohisay] 22/2/2022 09:47

Shore Capital.....

Synectics has delivered a small operating profit of £0.2m in H2 21 as anticipated leading to FY21 adj. LBT of £0.6m from £4.1m in FY20. The fall in FY21 sales to £43.6m from £44.6m in FY20 was due to the reduction in Systems as there was a recovery in Security. There were improvements in gross margins in both divisions, with Security making an operating profit of £0.9m.
We have highlighted on numerous occasions that, in our view, the contract wins in Berlin, the City of London and West Midlands Police will act as strong reference clients, in due course. We have forecasts of improving profits for each of the next three years, which we believe may well prove conservative. Given the strategic focus on multi-year revenue contracts, we believe that the quality of these profits should also improve. With £4.6m of net cash, Synectics can fund any increase in working capital as sales recover and the reinstatement of a final dividend of 1.5p is most encouraging, in our view.

[spooky] 21/2/2022 15:47

Nice move ahead of tomorrow. Are these leaky? Its so long since anything happened that i can't remember.

[jswift10] 21/2/2022 15:45

OK- what have i missed?

[ohisay] 17/2/2022 02:18

Be interesting to see the presentation next week at results time.
Based on past history more than likely Directors buying especially at current levels.

Am overweight of course ..

[ohisay] 31/1/2022 12:09

So I got 5k at 88p !

[ohisay] 28/1/2022 03:53

Nope !

Its 92p to buy .I might want a bit better.

[spooky] 27/1/2022 08:30

It looks as though even you have stopped buying.

[ohisay] 19/1/2022 13:36

I'm still buying in 5k lots

[she-ra] 14/1/2022 12:52

But couldn't Macau's days be numbered?

[robin_lemer] 14/1/2022 10:02

Am a shareholder topped up my holding yesterday, see no reason for the fall except for it being a thinly traded stock.

They have picked up a number of orders in diverse sectors and existing customers have given them additional business. Only thing holding them back is the temporary closure of casinos in the Far East due to the virus. Interestingly they picked up a good order in this sector from casino group in North America

Additionally the company is debt free, has a good board of directors, one a holder of over 9% and have a number of institutional holders, one Whitehall SA holding 29.99%.

Do not usually buy at a low point on a share chart but on this occasion I do feel that the company is terribly undervalued

[ohisay] 12/1/2022 13:52

Keep buying these every time it drops 5p/share .This am 5k at 96p.I remember buying 40k in November '20 at 90p ..sold most between 130/140p .
Good company below the radar..

[simon gordon] 10/12/2021 13:59

There have been big ructions in the Macau gaming market after the arrest of a promoter in China as Xi cracks down on the "immoral".

Fortune - 30/11/21

Arrest of gambling CEO suggests Macau’s days as a casino hub are numbered

[red ninja] 10/12/2021 13:51

downing-strategic-micro-cap I. T. November factsheet :-

"Other news flow came from Synectics (+2.3%) who reported winning two new major casino projects in North America where they will provide the Synergy software platform followed by a five year support contract. Gaming reopening in the US and Asia post Covid will be a significant catalyst for Synectics’ earnings. We see a pathway to over 20% free cash flow yield upon widespread reopening, thus
Synectics remains amongst the deepest value opportunities in the portfolio."

[simon gordon] 03/11/2021 12:47

ohisay,

I got in ahead of you but accidentally bought £5,000 worth rather than 5,000 shares.

Hopefully, this is the 1st true sign that the business is gearing up to return to growth, the Synergy platform may turn into the golden goose.