Synectics Share Discussion Threads

[interceptor2] 02/1/2013 12:17

New breakout now cfro, good start for the new year.

ic2...

[cfro] 02/1/2013 08:58

Up nicely this morning. Very close to a breakout.

[interceptor2] 27/12/2012 09:42

I love a situation where the recent statements are becoming stronger and stronger. In July the interim statement was inline and the price was unchanged at 285p. Then October saw a trading statement with reults expected ahead of market expectations, the price rose 13p to 285p. Then we had a trading update this month with results expected materially ahead, and the price up 39p to 329p.

The per for 2012 is 13.43 with a PEG of only 0.17, for a company that has a healthy net cash of £2.7m for a AIM stock that pays a dividend.

We might just have the start of a classic small cap growth stock here imo.

ic2...

[interceptor2] 21/12/2012 21:03

Yep I guess everyone is busy at the moment. I know I haven't stopped since I returned on Wednesday, last day tomorrow, then I'm on strike.

Welcome Billy_liar, BTW.

ic2...

[cfro] 21/12/2012 10:36

Ok, so its the three of us then. :-)

[billy_liar] 21/12/2012 09:58

I got some yesterday too, so not just the 2 of you.

:-)

[cfro] 21/12/2012 09:23

Everyone out christmas shopping i guess IC2 ! ;-)

I would expect somewhere around 25p eps for this year now and atleast 30p or more for next. Would be nice to see some revised broker forecasts tho.

[interceptor2] 20/12/2012 23:11

When SNX reported in October that results were likely to be ahead, Finncap increased 2012 forecasts by 10% to EPS 22.20p. I wonder what percentage increase a materally ahead statement would be. 15%?

Nice and quiet on the thread, thought todays statement would have generated more interest.

Just you and me then cfro :o)


ic2...

[interceptor2] 20/12/2012 09:06

Agreed one of the strongest statements I have seen for a few weeks, should have good momemtum now to results. SNX do look very good value, even after this mornings mark up imo.

ic2...

[cfro] 20/12/2012 08:52

Really is a super strong trading update. Brokers were forecasting eps of 22p since Oct 24th the date of the last 'trading ahead' statement but since then trading has improved substantially further and increases in margins since then too.

[interceptor2] 20/12/2012 08:37

Also in at the open at 320p. And happy to pay up for these.

ic2...

[cfro] 20/12/2012 08:11

Im in on the that statement. Had to pay £3.20.

[saucepan] 07/11/2012 16:33

Good call, Kombimatec. Ignis investment services reducing and going below 5% threshold.

[saucepan] 07/11/2012 12:56

Kombimatec: behind the scenes shenanigans are usually impenetrable to the private investor unfortunately - so no idea on that score; sorry.

However,it looks to me as if strong support has been established. I suspect and hope that the tick-up just now will be the start of a significant move north.

[kombimatec] 06/11/2012 18:05

Over 33k buys today and no sell trades showing. Guess someone is off-loading behind the scenes, what do you think?

[attrader] 24/10/2012 07:28

Bought in here on ahead statement

[davebowler] 18/10/2012 07:19

Westhouse;
Strong Buy


SNX.L / 272.5p / £47.88m /



Likely % change in earnings forecasts: No Change





Buying opportunity

Synectics' share price has drifted back since the interim results in July while some of the comparator companies have seen their share prices rise. As the focus of investor attention switches to FY2013 in the coming months then we would expect that this share price underperformance will reverse. As has been flagged since it made the Indanet acquisition FY2013 would be the first year of a more meaningful profit contribution. This is reflected in the increase in our forecast PBT to £6.8m (30.4p of EPS) for FY2013 versus the £4.3m (19.1p of EPS) we expect for FY2012.

At our 350p target price Synectics now stands at a small P/E discount to the peer group (13.5x vs 14.6x) that we feel is unwarranted hence the reiteration of our Strong Buy recommendation.

[davebowler] 08/10/2012 13:22

Formerly Quadnetics (QDG)

[iloveit] 17/7/2012 15:12

UVEL,take a look epic UVEL this is where its happening ,new listing and BOOM !!!!

[papalpower] 07/11/2007 10:58

78p a share then it is.