Synectics Share Discussion Threads

[paulypilot] 20/2/2013 17:46

Hi,

I'm meeting with Synectics management next week, on 27 Feb, for a review of the results, and detailed Q&A.

So I am more than happy to ask any questions you guys would like asked.
Just reply on this thread with your questions/points, and I will take them into the meeting & come back with a reply, either on this thread, or with a report on Stockopedia or my Blog (but I'll put a link to it here).

I hope that is helpful.

Cheers, Paul.

[davebowler] 19/2/2013 09:44

Westhouse;
SYNECTICS*
Buy













SNX.L / 366.0p / £64.31m / TP: 450p













Event: Other




























Indanet acquisition – renegotiation of terms

Synectics has announced that it is acquiring the remaining 49% of Indanet for a total consideration of €1.64m in cash. Having bought the initial 51% in July 2011 for €2m the total acquisition cost will be €3.64m.

We view today's transaction positively as it removes the uncertainty as to how much Synectics would have to pay (the original terms allowed for between €1m and €8m, dependent on the level of profits in the three years to 2015). It also enables Synectics to fully integrate Indanet into the group and to sell more Synectics' branded product into Indanet's customer base in Germany and elsewhere.

As with the major contract win announcement last week we expect to update our forecasts for FY2013 and FY2104, as well as introducing forecasts for FY2015 when the FY2012 results are released on 27 February. At this stage we are happy with both our 450p target price and Buy recommendation.

[cfro] 19/2/2013 08:34

Interesting news. I dont know but im assuming this will have a positive effect on earnings. Pushing sales into Germany i see as well.

[kombimatec] 19/2/2013 07:53

More good news, I hope they forward bought the euros though.

[interceptor2] 15/2/2013 08:45

Yes another good contract win with results just around the corner. I'm expecting more contracts like the Qatar GTL one in January that wasn't RNS, as the need to secure major energy plants increases after the attact in Algeria.

ic2...

[cfro] 15/2/2013 08:06

Wakey, wakey.......major new contract win with Avon and Somerset police. :0)

[cfro] 04/2/2013 10:26

Edging back up to new highs.

[cfro] 01/2/2013 16:33

Bought some more. Chart looking very good and turning back up.

[beaufort1] 01/2/2013 16:29

Following the Mali attacks this company's oil and gas surveillance equipment is going to be in demand

[beaufort1] 01/2/2013 15:10

Nice little burst upwards...

[beaufort1] 01/2/2013 15:10

Nice little burst upwards...

[beaufort1] 29/1/2013 10:19

Managed to pick some up at 342p.

[interceptor2] 28/1/2013 19:38

Agree it is likely to be a corker, a classic case of each statement becoming stronger since the last interim report. Bodes very well imo.

Nice write up on the zulu thread.

ic2...

[cfro] 28/1/2013 18:15

Another month then. Should be a corker if the last trading update is anything to go by.

[interceptor2] 28/1/2013 09:26

Full year results confirmed now 27th February.

Looking forward with anticipation after the recent trading update.

ic2...

[cfro] 24/1/2013 21:56

I see Westhouse have revised their forecasts for this financial year 2012. They now have eps of 24.5p. They have no forecasts as yet for next year (2013) as they appear to be still in the middle of revising them.

So using the guidance of 24.5p, the pe is only 13.

[cfro] 14/1/2013 16:03

Bit of profit taking today but im holding tight to my shares. Still way too cheap imo on a pe of not much above 12.

[cfro] 11/1/2013 18:29

Good that Techinvest has napped SNX. I wouldnt be suprised if scsw doesnt latch on here too imo.

Sp holding up well and its not pulled back much has it ?.......could be a real bun fight if investors start to notice this.

[interceptor2] 11/1/2013 16:32

Just read elsewhere that SNX was one of 6 Techinvest nap tips for 2013.

ic2...

[interceptor2] 08/1/2013 15:53

Wonder why they didn't RNS the contract, I know they haven't given any figures, but it reads like a significant contract imv.

ic2...

[interceptor2] 08/1/2013 15:48

Well spotted fegga. Looking forward to results in February after the last bullish update, confident that the broker forecast of 24.50p EPS will be beaten.

ic2...

[cfro] 08/1/2013 13:43

Thanks for that fegga. Looks great.

[fegga] 08/1/2013 12:26

released yesterday on their site - wonder how much its worth ?

SYNECTICS TO PROTECT SHELL GTL PEARL PROJECT IN QATAR
07 January 2013
State-of-the-art surveillance for world's largest GTL plant

Integrated security and surveillance technology specialist, Synectics Industrial Systems, has developed a bespoke CCTV solution to protect the world's largest 'Gas to Liquids' (GTL) plant in Ras Laffan Industrial City, Qatar.

full details:

[kombimatec] 07/1/2013 14:45

The demand is there but the supply isn't. Current bid 373p