Synectics Share Discussion Threads

[ohisay] 12/8/2023 11:08

Still trading on half book amongst other things.

[ohisay] 04/8/2023 13:27

No patience I think ..maybe not unrelated to the spread.
If you are trading as opposed to LT You need to hold these a while to make serious money .

[chrisdgb] 01/8/2023 16:07

I think I have said it before, I am still a bit mystified why the sellers always appear on any rise.......

[arthur_lame_stocks] 27/7/2023 23:55

I think these are looking cheap too at the current price. I've had a few shares for years but if and when the STM takeover goes through I will buy more if the price is still at these levels.

[chrisdgb] 26/7/2023 09:23

agreed.......

[ohisay] 25/7/2023 16:31

Just been reading the House Broker report on SNX .
Even allowing for the fact it is client driven some of the metrics for comparable M/A takeovers in the sector make SNX look hugely undervalued.
We are talking 230p to 285p here as fair value.

Very happy to hold and currently my second largest position .

[ohisay] 19/7/2023 03:40

Excellent presentation .Gem of a company.

[chrisdgb] 11/7/2023 14:12

Got it in bundles with this uk small cap market....!!

[ohisay] 11/7/2023 14:02

Yep just a little patience required.

[chrisdgb] 11/7/2023 08:04

All looks good here..........

[ohisay] 04/7/2023 09:34

Looking forward to the presentation next week too.

[chrisdgb] 04/7/2023 08:07

Nice to see contracts.....

[ohisay] 28/6/2023 13:52

Basically bought substantial volumes under 110p ..one time I bought 30k (edit 40k) below 100p .

[spooky] 28/6/2023 11:40

With respect. How can you possibly have done well in SNX, if you have held since 2017?

[ohisay] 28/6/2023 10:53

Progress in H1 2023 was underpinned by strong trading in the global oil & gas market, which is expected to continue in H2 2023 and beyond. The Company has already increased supply chain and production capacity in this sector. Progress in other markets has been modest, with further improvements expected in H2 2023.

The Company's consolidated order book at 31 May 2023 is materially ahead of the same date last year with a significant proportion of this expected to trade in H2 2023. This, along with a strong pipeline of expected orders, underpins the Board's expectations of significantly improved trading in H2 2023.

Net cash at 31 May 2023 remained solid at approximately GBP4.0 million (31 May 2022: GBP4.2 million; 30 November 2022: GBP4.3 million) despite increased working capital commitments to support planned, increased production requirements.

Synectics will provide a further update on trading and outlook in its unaudited interim results announcement for H1 2023 on 11 July 2023

Looked very promising to me ..its 20% of my portfolio and I've been in SNX since 2017,Ive done well out of it so far ..

[chrisdgb] 28/6/2023 09:05

I hate markets like this it tests your faith....!

[ohisay] 28/6/2023 08:52

That would be nice...they have spare cash.

[chrisdgb] 22/6/2023 07:50

I wonder if Downing are working in the background...?

[chrisdgb] 24/5/2023 12:13

I notice WINS have moved their quote up, seller finished........?

[cockerhoop] 22/5/2023 21:57

Asia-Pacific revenue was £18m out of total £39m systems revenue in 2019 (ie last pre covid year)

[arthur_lame_stocks] 22/5/2023 18:23

There's an article in the FT that might be of some interest to holders. It's behind a paywall but if you type "macau casinos mount comeback as mass market players return" into Google you should be able to read it. I'm not sure how much business SNX does there so if anyone knows please let me know.

[cockerhoop] 17/5/2023 19:19

Perhaps the legal action (and the companies reticence in talking about it) is deterring buyers? Whilst it appears to be a professional patent infringement outfit suing them any US legal action could be expensive and unpredictable.

Agree without this it looks pretty cheap.