Synergia Energy Share Discussion Threads

[boadicea] 28/8/2003 14:50

I note that over the past 3 months or so, FMR Corp (Fidelity) and associates appear to have sold a net 4m shares approx. Not very clever on the face of it.
Given the good and relatively non-volatile price performance I think we can probably assume they have gone into safe hands as long term holdings.
Does anyone know of any large net buyers?

[boadicea] 27/8/2003 16:42

Interesting level now reached as we've been approximately here twice before.
(Aug/Sept 2000 and Jan 2002) Psychologically it may take quite a push to get any further in the short term unless particular news is about to break and/or former stale bulls have have already left the scene.
Some minor profit-taking in the last couple of hours but not enough to cause a dent, so looking quite encouraging.
Beyond is fairly clear sky for a bit.
All imho and dyor.
Good luck all.

[derit] 27/8/2003 14:24

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[abdab] 27/8/2003 14:23

There SHE goes! 78p on the bid...

[abdab] 27/8/2003 10:31

Another 500,000 X Trade at 77p.
Possibly another move North?

[octopus100] 23/8/2003 00:21

Lots of big buys today something brewing and I'm sure the directors didn't buy a few weeks back because they thought this boy was dropping - watch this space?

[boadicea] 21/8/2003 17:15

norcomm - If the answer were known to be yes it would already have done so! Of course it may do......... eventually. In the short term this would need a major event - more than a modest new contract - as there is likely resistance in 78-80p range imho. You might like to note that the Sun Tel advised taking profits a week or two back but I don't know whether there was any real information behind the anti-tip. Anyway, I ignored it and used the slight pull-back to add.
Next news, a trading statement, is expected in the week before their year end at 30 Sep.
We all want to make a fortune but idle speculation won't help.
If (repeat IF) the trading statement is favourable it could easily attack the resistance zone, given continued better market sentiment, in October.
I would be delighted to see it make the pound by next year's interims at end of May ....but then I'm a patient investor rather than a trader.
Basically I'm backing the management because I think it's done a good job in the recent difficult circumstances.
All imho, and dyor.

[abdab] 21/8/2003 16:57

Some level 2 info would be nice - tomorrow.

Good luck all!

[norcomm] 21/8/2003 16:23

will this go over the £

[chrissey] 21/8/2003 13:02

Something stirring.

Suspect that we may be close to Fujitsu deal tie up or maybe even something else?

Fingers crossed!

[abdab] 20/8/2003 17:05

500,000 X Trade gone through at offer price after the close.
Looks interesting for tomorrow. Anyone agree?

[oliverleftwingtit] 09/8/2003 00:58

Investtech have it as a watch canditate.
The TA looks very strong as the price is within an a upward moving price channel.




regards oliver.

[oliverleftwingtit] 09/8/2003 00:57

Well the Brokers are very confident on this one.
WHAT THE BROKERS SAY

Strong Buy 0

Buy 3

Neutral 1

Sell 0

Strong Sell 0

Total 4

FUNDAMENTALS

Year Ending EPS P/E PEG Ratio EPS Growth Dividend
30-09-1999 4.50p 15.89 N/A N/A 0.00p

30-09-2000 3.14p 22.77 -0.89 -25.63% 0.00p

30-09-2001 1.10p 65.00 -1.14 -57.14% 0.00p

30-09-2002 3.36p 21.27 0.10 209.09% 0.00p


BROKER FORECASTS more

Year Ending EPS P/E PEG Ratio EPS Growth Dividend
30-09-2003 3.80p 18.82 1.48 12.71% 0.10p

30-09-2004 4.30p 16.63 1.36 12.24% 0.20p

Covering Brokers
Panmure, Investec Securities, Arbuthnot

regards oliver.

[oliverleftwingtit] 09/8/2003 00:56

CONTRACT RUMOURED TO HAVE BEEN SIGNED WITH FUJITSU. Press coverage should press this one upwards.

Well the Big Boys certainly like the growth Story.


Shrewd party swells at Synstar

Published: 07:44 Mon 14 July 2003
By Patrick Sherwen, Secret Buying Editor

It is a sign of a good investment opportunity when a group of skilled investors huddle together in one company as they have at pan-European IT services group Synstar.


Among the shrewd shareholders in the £110 million company are three funds run by top investment boutique Artemis and Fidelity's most successful fund manager Anthony Bolton, who carries Citywire's maximum AAA rating for his excellent risk-adjusted performance. Fidelity owns nearly 13% of the company in total.

Also on board are two star managers at Framlington, Rathbone's A-rated Carl Stick, AA-rated Giles Hargreave who runs Marlborough Special Situations and the top performing smaller companies team at Aberforth.

Many of these added to their stakes recently and paid close to the current price. The highly rated John Dodd, Derek Stuart and Lindsay Whitelaw at Artemis bought more than 1 million shares in May to take their joint holding to 12.1 million or 7.46%.

Aberforth and Nigel Thomas and Roger Whiteoak of Framlington also bought around that time. The most recent was Stick, who bought aggressively at the end of June and controls 700,000 shares, or 0.43%, between two funds.

Synstar's (SYN) services include desktop management, disaster recovery and network and computer maintenance. It boasts a blue chip client list that includes Allied Irish Bank, Vodafone and Volkswagen.

The company is close to finalising a deal to take over a £30-40 million contract from Fujitisu, which would be its largest contract to date and significantly improve turnover.

Profits are expected to rise 17% to £9.41 million before tax this year. At 72p it is valued at a historically low 18.1 times earnings. With its strategy of selling several services to its existing, high quality customer base and the overwhelming support of the shrewd investors Synstar looks like a solid prospect.

©2003 Citywire ENDS.

Looks very interesting to me given all those trusts are in.

[boadicea] 08/8/2003 18:04

I have liked the look of SYN for some time and today, shortly before oliver's post 247, took the opportunity to top up at 72p. This won't help my average buying price but value is value.
However, I haven't located your source, oliver. Is it today's date? Is there a link?
I think there is a hill (I hope not a mountain) to climb before this one will break 80p but am willing to give it my own small push as there are green pastures beyond imho.

Good luck to all holders - Boad.

[oliverleftwingtit] 08/8/2003 15:49

A little more background news on the Fujitsu deal.

Techmark movers: Synstar in new tie-up with Fujitsu

LONDON (SHARECAST) - Vague speculative talk in thin markets accounted for most of the movement on Techmark today, though Synstar did have news. It is in advanced negotiations for a "new material contract for provision of services to Fujitsu.

SHARECAST.
According to the company, the contract is to last five years and will cover the UK and mainland Europe and is expected to initially be worth £30m- £40m per annum from April 2005. ENDS.

We dont have the fine print on the deal yet but when it comes Im sure this one will take off.

Better to be in before the herd.

regards oliver.

[naught] 04/8/2003 14:13

just looking - an amazing number - maybe an accounts change

[said_namyzo03] 03/8/2003 20:28

Sham3001,

Very dodgy IMO. resistance between here and 80-odd pence. If it breaks that and holds THEN you'll have a proper chart breakout. Until then, and I know I'm starting to bore even myself, DOWNSIDE risk is considerable.

Even your own stochastics are telling you it's overbought!

O.

[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.