Synergia Energy Share Discussion Threads

[citytraderboy] 04/12/2001 08:13

Up again !

[citytraderboy] 03/12/2001 19:54

Many thanks for that , sham3001 !

Have you got any decent charts with M/A's etc....

that you could post here ?

Cheers,

CTB.

[sham3001] 03/12/2001 19:42

no resistance till 110p

[citytraderboy] 03/12/2001 19:29

sham3001,

Do you agree with my price targets or have you got other target
levels ?

Let me know....

Cheers,

CTB.

[citytraderboy] 03/12/2001 18:53

sham3001,

I agree....£1.00 Plus here we come !

Good day today and on healthy volume !

Go on yer SYN....

Cheers,

CTB.

[sham3001] 03/12/2001 17:37

SYN - share price scoffs recent doubts. Uptrend fully resumed. Look for new year high this month.

[citytraderboy] 02/12/2001 22:21

sham3001,

Talking about the share price that is !

Cheers,

CTB.

[citytraderboy] 02/12/2001 22:19

Many thanks for that , sham3001 !

I see the Stockbrokers....Old Mutual have issued a "Buy Note" on SYN.

Not exactly sure what it says , but I think it states that SYN is cheap
and undervalued....taken from the Daily Mail.

Cheers,

CTB.

P.S. - What do you reckon for tomorrow ?

[sham3001] 01/12/2001 08:13

150 day is at 45.8p. If the stock holds above this which looks likely & above the key psychological round number support of 50p then the uptrend will remain intact.

[citytraderboy] 30/11/2001 17:03

Great Day !

Here we go....

[mr ashley james] 30/11/2001 12:14

Sham,

Allegedly CTB is off on holiday to Mexico to spend the winnings, I would just accept that the BB has run the course..

Rampers are rampers period

Cheers

Ashley

[sham3001] 30/11/2001 12:09

I would wait for it to base before re-entry. NSB fell in a similar way & is still going down. If it holds above the 150 day m.a. then it will become a buy again.

[citytraderboy] 30/11/2001 09:20

Sham....Where's the 150 day M/A at price wise ?

Cheers,

CTB.

P.S. - Ashley....Not going anywhere....sadly mate !

Anyhow , don't fancy Mexico !

BTW....this is NOT a resources share !

[sham3001] 30/11/2001 06:05

hterag - if you check the price when I wrote that thread the stock was around 50p and performed handsomely thereafter, I bailed @ 61p for a 2 week % gain of 25%

BUT thanx for the post mortem

Anyone still invested. The chart still looks great. A pullback to the rising moving averages is perfectly normal. If SYN settles in the mid 50s I will be getting back in. The uptrend is still firmly intact.

[citytraderboy] 29/11/2001 18:55

LONDON (AFX) - Synstar PLC said it expects a difficult year ahead as it
reported a full year pretax loss of 21.3 mln stg, compared with a profit of 4.95
mln last year, as costs increased and margins declined.
"The last year has been about finding the things that weren't working,
putting them right or getting rid of them," said chief executive Steve Vaughan.
"We expect a difficult year ahead, but the strong foundations we have laid
give us grounds for optimism."
Sales in the period were 238.2 mln stg, compared with 235.91 mln, driven
mainly by long-term contracts.
Gross margins decreased to 26.0 pct from 27.9 pct, while costs increased to
178.8 mln stg from 173.7 mln.
The company also reported a number of one-off costs, including 8.5 mln from
the restructuring measures introduced by Vaughan, who took over as chief
executive in January.
"We have stabilised the ship and made good progress on improvement and
investment," he said.
Before the exceptional items, the company made a pretax profit of 3.65 mln
stg, compared with 8.45 mln last year.
Operating profit before exceptionals and goodwill was 4.6 mln stg, compared
with 9.9 mln in the year-earlier period.
EPS before exceptionals and goodwill was 1.1 pence, compared with 3.1 pence
last year, while total loss per share was 13.8 pence, compared with an EPS 0.6.
vh/bam



For more information and to contact AFX: www.afxnews.com and www.afxpress.com

[citytraderboy] 29/11/2001 18:53

LONDON (SHARECAST) - Synstar plunged into loss in the year ended September 2001, but its chief executive Steve Vaughan said today the company is now generating profits, free of debt and has £8m in the bank.SYN - Synstar


He attributed the losses to three one-off exceptional items totalling £24.9m. These were: £8.5m restructuring costs, an £11.9m goodwill write-off for three previous acquisitions and a £4.5m write-off relating to the disposal of its loss-making Italian business.

These exceptionals resulted in a £21.3m pre-tax loss that contrasts with a pre-tax profit of £5m for the previous year, although turnover of £244.5m was up on the previous year's £215.2m.

Vaughan said: "We are now generating profits in the current half, underpinned by the fact that 70% of our revenues are long-term contracts with an average life of two years and three months.

"Our clients are typically large multinational corporates. New client wins include BT and Ford and we also have 17 of the top 20 banks in Europe."

Half the company's business is in the UK and half on the Continent. Synstar pursues a strategy of selling services to a single client across a number of national markets but is careful not to be seen offering a one-size-fits-all solution.

"We do not intend to follow in the footsteps of some telecoms operators and make the mistake of offering a one-stop pan-European contract to multinational clients," Vaughan said.

"These companies may think global but they buy local and our strategy is to sell our services in one country and then use that referral to offer them to the same client on another contract in another country."

Synstar's business focuses on maintaining the computer infrastructure of large corporations, systems configuration, the roll-out of new PC networks and disaster recovery.

Before this morning's news, analyst consensus forecast for the full year was a pre-tax profit of £3.7m rising to £8.8m in the current year. Before the £24.9m of exceptional items, Synstar's pre-tax profit was £3.65m, although even this would have represented a fall from the previous year's pre-exceptional figure of £9.12m.

The shares rose 1p to 62p this morning, giving Synstar a market value of £100.8m.
Copyright © 2001 ShareCast.com

[citytraderboy] 29/11/2001 18:52

burrmj....Could not agree more !

I thought the results were much better than everyone
including me could have wished for !

Cheers,

CTB.

[burrmj] 29/11/2001 18:50

i thought it was a pretty harsh fall, another over reaction by the city to results that were not all that bad, must be a buy now what do you think??

[kdc] 29/11/2001 10:40

I thought the results and statement were as good as could be expected and anticipate a good run when tech starts to move again

K

LONDON (SHARECAST) - Synstar plunged into loss in the year ended September 2001, but its chief executive Steve Vaughan said today the company is now generating profits, free of debt and has £8m in the bank.SYN - Synstar


He attributed the losses to three one-off exceptional items totalling £24.9m. These were: £8.5m restructuring costs, an £11.9m goodwill write-off for three previous acquisitions and a £4.5m write-off relating to the disposal of its loss-making Italian business.

These exceptionals resulted in a £21.3m pre-tax loss that contrasts with a pre-tax profit of £5m for the previous year, although turnover of £244.5m was up on the previous year's £215.2m.

Vaughan said: "We are now generating profits in the current half, underpinned by the fact that 70% of our revenues are long-term contracts with an average life of two years and three months.

"Our clients are typically large multinational corporates. New client wins include BT and Ford and we also have 17 of the top 20 banks in Europe."

Half the company's business is in the UK and half on the Continent. Synstar pursues a strategy of selling services to a single client across a number of national markets but is careful not to be seen offering a one-size-fits-all solution.

"We do not intend to follow in the footsteps of some telecoms operators and make the mistake of offering a one-stop pan-European contract to multinational clients," Vaughan said.

"These companies may think global but they buy local and our strategy is to sell our services in one country and then use that referral to offer them to the same client on another contract in another country."

Synstar's business focuses on maintaining the computer infrastructure of large corporations, systems configuration, the roll-out of new PC networks and disaster recovery.

Before this morning's news, analyst consensus forecast for the full year was a pre-tax profit of £3.7m rising to £8.8m in the current year. Before the £24.9m of exceptional items, Synstar's pre-tax profit was £3.65m, although even this would have represented a fall from the previous year's pre-exceptional figure of £9.12m.

The shares rose 1p to 62p this morning, giving Synstar a market value of £100.8m.
Copyright © 2001 ShareCast.com

[sham3001] 29/11/2001 10:28

Stocks wobbling.

[citytraderboy] 29/11/2001 10:27

I've heard that extra news will come out after 11.00 a.m.

[citytraderboy] 29/11/2001 10:21

Any news yet ?

[citytraderboy] 29/11/2001 08:45

Website for any updates on the analysts meeting in the City ?!

[citytraderboy] 29/11/2001 08:41

www.synstar.com