Synergia Energy Share Discussion Threads

[techair] 09/7/2003 09:53

This one is moving and shaking again.

Filled its gap at 61 and now heading higher?

[innfinnity] 18/6/2003 11:51

Still moving up and on a 12 month high this morning with several big crosses going through





June 18, 2003

TIMES Talking Points



Smaller stock to watch

THE admission by Synstar that it is in talks with Japan's Fujitsu on a five-year contract worth up to £200 million sent shares in the IT services group up 5½p to 65p. If landed, the deal would make Fujitsu Synstar's biggest customer, eclipsing its £120 million agreement with CSC of the US. The contract is thought to entail logistics services, whereby Synstar ensures that a spare part arrives at a required location at the same time as Fujitsu's installation engineer.

[infinnity] 17/6/2003 14:48

citywire has a tip update for anyone with a subscription

[boadicea] 17/6/2003 14:08

I was tempted to sell when the last results were merely satisfactory with limited forward promise of progress. Like you, miles, I felt the management had a good grip on the co and that it was fairly safe.
This news is far more like what I had hoped for, so glad still to be in!

We didn't get a breakout on the results, but given over 7months trading in a very narrow 56 - 64p range this now looks very likely imho.
Upwards of course. (DYOR)

[infinnity] 17/6/2003 13:17

Arbuthnot Securities has a buy rating on them

[miles high] 17/6/2003 10:52

These are looking good for a long term recovery and seem to be doing all the right things sice the new management took control

[riverdiver] 17/6/2003 08:24

Looking good!!


RNS Number:3909M
Synstar PLC
17 June 2003

17 June 2003



Synstar plc


Negotiation of Significant Contract with Fujitsu


Following a briefing to staff by Fujitsu yesterday, Synstar announces that it is
in advanced negotiations of terms relating to a new material contract for
provision of services to Fujitsu.


The contract is to last five years and will cover the UK and mainland Europe and
is expected to initially be worth #30 million to #40 million per annum following
the expiry of Fujitsu's contract with the incumbent supplier in April 2005.


Synstar will provide further details of this contract following the conclusion
of these negotiations.




For more information, please contact:

Stephen Gleadle / Christine Jones
Synstar Plc Tel: [phone]


Edward Bridges / James Melville-Ross / Juliet Clarke
Financial Dynamics Tel: [phone]

[wally123] 09/6/2003 23:50

charts looking good for the next move up i think

[hightone] 06/6/2003 21:03

Hi all what is the cash balance and NAV of this stock and and much higher do you think this could go.

cheers.

HT.

Ps not a holder but watching closely (-:

[wally123] 01/6/2003 12:14

The Times newspaper was today very bullish about this stock. I think these results and the introduction for the first time of the divi will start attracting new investor interest. Good luck all, starting to look very good now imo

[dcb] 01/6/2003 00:52

Also, a "Fairly Priced" tag given by the IC yesterday.

[bigwig] 01/6/2003 00:04

Good write up over on Citywire.co.uk also a brief mention in Mail today, all positive, any other press?

[dcb] 31/5/2003 18:42

Wally 123

IC comment, plus full article, was posted on IC online yesterday after results, but good luck to you. I have no vested interest.

[wally123] 31/5/2003 16:57

As the IC comment was written pre results and they never get anything right im in for some more monday!. Should see the £1 broken fairly quickly now especially with the nice divi they mentioned being finalised.

I must read the mail and the Citywire comment, its starting to look very good this one

[interglobe] 30/5/2003 19:43

Worth keeping a close eye on in my view.

[wally123] 30/5/2003 13:53

second half is stronger. Figures are good and the introduction of an end of year divi makes it an even better play. I will interested to see if we get any press reports the weekend on this one.

Should be trading up to the £1 level shortly imo

[boadicea] 30/5/2003 08:17

Although the figures look quite good at first sight, I note that the eps at 1.6p compares with 2.1p for the 2nd half of last year (i.e. 3.4 - 1.3p).
Is it an expected effect that more profit falls into the 2nd half?

[wally123] 29/5/2003 10:41

This will be 67 then 68p shortly looking at L2, not much stock left now at 65p just the one m/m on it.

Lets hope results due out shortly are in line with forecasts

[wally123] 29/5/2003 10:32

we are about to break out again on L2, looking superb

[singing the blues] 28/5/2003 16:13

Same where worth a dabble i reckon, fundamentals look good , nice cash flow and over recent times have been tipped in shares magazine ( is that good !!). nice rise today though, keep watching.

[wally123] 28/5/2003 15:44

Ive just taken a position on this one. I notice frequent trader also rates as a buy and thinks this is breaking out of its resistance and will trade 75-85p very quickly.

Results are due out shortly so now might be a good time to get in. Worth a go anyway imo

[boadicea] 15/5/2003 10:30

InterGlobe - I'm glad someone else is watching this one.
As I commented (other thread) a couple of days ago, SYN just needs a little push to get it firmly into new territory. It's rather teetering on the brink which means a couple of bad days in the market might set it back for months.

Results, I believe, are expected on 30th May. Hopeful anticipation that these will show further progress could do the trick. Dealingwise, I note the spread is often large, varying from 1 to 4p at different times - currently 3p as I write. This makes it relatively unattractive for short-term trading.
When it goes, it could perform quite well with no obvious psychological impediment to a 15p rise.
All imho and dyor.

[interglobe] 14/5/2003 07:45

SYN seem to building a solid base to move forwards once again do they not ?

[boadicea] 13/5/2003 08:33

Another penny or so on price and this may have potential for good advance imho.

[boadicea] 31/3/2003 09:36

Today's news, not exactly exciting but appears to support analysts predictions for earnings etc.
Capital revaluations, write-downs, goodwill etc (non cash-flow) could always appear additionally in final accounts.