Synergia Energy Share Discussion Threads

[naught] 02/8/2003 00:42

sounds about right .... I think we will out perform the market/sector

[boadicea] 02/8/2003 00:10

norcomm - The balance of opinion (i.e. the market) thinks not, otherwise it would already be pushing that way - say 90p+. The market is a current view, not a predictor.
Psychologically, we are in a resistance zone emanating from the peaks of Aug 2000 and Jan 2002. Buyers from those periods who are happy merely to get out (maybe misguidedly) without taking a loss are liable to unload their holdings on any rise from the present level. This can be viewed as an opportunity for topping up or for newcomers to get in as the picture improves without having immediately to pay a premium.
Hence, although I expect this company to progress because they appear to me to have competent management and are in a growth business, I don't expect fireworks unless there is unexpected corporate action which the market obviously wouldn't have factored into the price.
They have suggested that dividends will be payable from the year end, probably to be reported in late November 03 (I've pencilled in 26th), which is a further small plus point.
In short, the price will probably hang around between 70/80p for some time, then progress quite rapidly when it breaks through. Even then I wouldn't predict that it will go through the £ without a further period of consolidation.
Many extraneous events could intervene and knock it (or the whole market) off its currently improving trend.

All this is imho, so please look at the back history, reports etc and dyor.
Obviously I think it is good value or I wouldn't be holding.

[boadicea] 01/8/2003 15:22

Further to post 217, if I were looking to invest more I would (a) watch for director buying in September (I think - before the close season) and (b) if things still look good, get in before Oct 29th* when the short term guys will start going long betting on the results. [* If previous assumption of finals date is wrong, adjust this date accordingly.]

All this is imho, so please look at the back history, reports etc and dyor.

[norcomm] 01/8/2003 09:34

Can we expect this to go over the £ in the short term

[boadicea] 31/7/2003 20:02

foxster - You can find a list of trade types under 'HELP', then click on GLOSSARY and TRADE TYPES in the left hand box. This was marked X which is as Naught says.

" 'X' Cross at the Same Price
A transaction was effected as an agency cross or a riskless principal transaction at the same price and on the same terms (this requires one trade report)."

I believe that X trades do not generally have much (if any) effect on prices as they do not per se create a demand for more stock.

[naught] 31/7/2003 16:41

it was a cross at close to the mid price - same as the 77k

[foxster69] 31/7/2003 16:28

was the 500000 a sell. anyone with L2?

[mothman] 29/7/2003 06:05

Keeping an edge in the stock market means you have to keep your eyes wide open. What a difference a quarter makes! This means you need to get the fastest, best and right information before someone else does. This free newsletter does just that. You will get an email only when something is on the move or about to move. You will not receive any junk mail. They have a great history and are definitely worth a few minutes of your time. Remember, 20/20 foresight is better than 20/20 hindsight. These shares are traded in the US markets.

[jailbird] 28/7/2003 23:06

Boedicea,

You don't by any chance work for BA with a name like that.?

[naught] 28/7/2003 13:13

biggish cross at close to the offer price

[naught] 26/7/2003 00:46

moving up again - against the market trend intraday and with 4 times the daily average traded already

[naught] 25/7/2003 15:06

yes .... your absolutely right - they did close at 74.5p

[boadicea] 25/7/2003 14:54

I was looking at July 16 with 73 - 76 spread, 74.5 mid closing.
On this we need another 2p+.

[naught] 25/7/2003 14:47

looking at the candlesticks we are at a new high if we close as we are ...

[boadicea] 25/7/2003 14:41

A new high is almost within reach and would be a very healthy sign, esp on a Friday.

[naught] 23/7/2003 15:05

300k cross at the full offer price

[naught] 17/7/2003 16:54

17.06.03 :+5.5, (65) 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 £30m to £40m 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.

[e-venturer] 17/7/2003 16:38

I was reading something today regarding the deal with fujitsu. confirmation was expected 4-6 weeks after the 1st announcement. Anyone any idea regarding the impact of such a contract on future results?

[naught] 17/7/2003 13:53

I read mine last night - didn't see anything that was especially interesting - seemed to follow what we already knew. Sometimes these things act as a reminder to people and suddenly they look at them in a different light.

[boadicea] 17/7/2003 13:32

Just noticed Interim Report out but haven't read it yet. Should have checked before launching into print. However, unless it says more than was announced on 30th May it's difficult to see why it should have such an effect.

[naught] 17/7/2003 13:30

Have a look at the TM and the Nas futures ....... just following the market down on low volumes and after a good run. Don't see it as significant - mm's are 1.3 with all bar one red. lack of buyers

[boadicea] 17/7/2003 13:18

Oops -down 4! No obvious cause for move (don't have level 2). Tree-shake by MM's running short? - or something about to emerge?
Resistance to be expected in mid 70's but this seems a bit sharp.
Tomorrow morning will be interesting because if no news and no significant selling a tree-shake will have failed, signalling likely further advance imho.

(EDIT) -but see 199 below.

[boadicea] 16/7/2003 22:37

Thanks dcb. Your 2nd suggestion works. Interesting. I see he holds HHO too.

[dcb] 16/7/2003 16:02

boadicea

You'll find him here: