Synergia Energy Share Discussion Threads

[maut too] 30/3/2004 10:59

it hasn't set the market alight although we are marginally up on the day - so I agree we are at the bottom of the current trading range

[timtom2] 30/3/2004 10:52

I noticed that too - the amount of patience needed to hold Syn !

We may be able to say the current price is towards the bottom we can expect for quite a while. At least that some consolation.

[maut too] 30/3/2004 07:34

CAS Synstar : Trading In Line With Mkt Hopes
30-Mar-2004 07:07


Synstar, the pan-European IT services
provider, said today that current
trading continues in line with market
expectations.
The Board has been encouraged by the
recent contract wins and extensions,
which confirm the strategy of cross
selling services to the existing
customer base.
The margin deterioration in lower
added-value elements of the maintenance
business has been in line with earlier
expectations.

More to follow...

ICV Edited News from Dow Jones
0607 GMT Mar 30 2004

[maut too] 26/3/2004 10:33

they went xd this week and we have two months for the interims - I would hope/expect more interest as this gets closer and prepared to wait

[timtom2] 26/3/2004 10:24

Hmmm - I have my wonders about this company. In theory it's great. Practice is another matter. Money may best be allocated elsewhere. Could be others with deeper pockets have come to the same conclusion a while back and hence we languish. What are the management upto ? I like quiet companies when they plod realiably but Syn has been reliable since it floated but is still quiet. Buy-out would be the best outcome in the short term.

[maut too] 26/3/2004 09:15

they are certainly very quiet news wise and seemed to have ignored the 3% nas gain overnight - just one tiny trade so far today

[timtom2] 26/3/2004 09:08

Pure conjecture - Could be they were made an offer that was declined because Syn believe they can realise more value solo than accepting the overtures made. The offer was not improved upon & the Director buy suggests no offer is likely to go into the public domain very soon. Dir purchase a "vote of confidence" in the decision not to entertain any offer made.

Can't remember the exact date of my first purchase without looking it up (a good while back - and have sold some as capital loss for CGT) but this period in the doldrums is even testing my patience.

I would like to see them go to qtrly reporting.

[maut too] 16/3/2004 08:42

just drifting with the market and no news

[kammaljit] 16/3/2004 08:41

It seems that the rumours may have been bad, just a guess no information, as the share seems to be going south.

Would anyone care to put some educated light onto this situation.


regards

[boadicea] 15/3/2004 07:54

Thanks, hp.

[harry punter] 15/3/2004 00:57

take over supposed to be coming from compatrecentre at 95p a share ????

regards harry punter and the boys in dark glasses

[boadicea] 15/3/2004 00:32

14/03/04 20:25 PBB Synstar ...... even more rumours

....of what? Anyone with PBB access?

[thamestrader] 09/3/2004 12:26

SYN is one of only four blue bits on my screen today

[maut too] 08/3/2004 16:13

lol .... torotrak are full of 'promise' and have a big uninformed retail army of small punters - wheras cd refs shows over half syn shares are owned by institutional type holders and are already performing

agm soon i think

[intco] 08/3/2004 15:58

maut too.

We are still trying to work out why Torotrak are 77p and Synstar are 74p.

Synstar turnover over £200 mil and earn 3.6p a share, Torotrak turnover £126 thou and lose 4.88p a share.....??????

[maut too] 08/3/2004 15:25

director buys do not rule out M+A activity but it is less likely

I think these tend to be an institutional play and the lack of posts indicate a lack of retail shareholders (at least active shareholders)

[smay88] 08/3/2004 15:20

Nice to see a Director buy. Jo Connell is an NED. However, surely this implies that there is no takeover under discussion, eg Computerland?

Anyone have any views?

[thamestrader] 08/3/2004 15:13

Director bought 15k today.
Every little helps.

[vino1] 07/3/2004 07:55

I suspect we may see Synstar hovering in the 70p - 80p range for the next few months until interims in June/July. Good contract wins don't seem to effect the price much, as we have seen over the last year, but some big funds have been happy to buy recently. (Prudential & Scottish Widows). If there is any substance to the take over romours then who knows but I'm not holding my breath. Failing that I suspect the next significant rise may not be until close to interims. That may be the time to look to dispose.
Regards.

[sharewatcher] 06/3/2004 16:02

I suspect the rumour was just that, designed to enable some to sell into the rising price.

[doobrizla] 05/3/2004 12:04

kammal
Repsect.

LOL!

Just found an article dated January 2000:




Computacenter refutes rumours that it is to acquire maintenance and services rival Synstar for £250 million. Despite raging speculation about a deal between the companies, both Synstar and Computacenter categorically deny they are in talks to merge their operations.

LOL! Could be a long wait.

Got rid of loss-making French division saving over £3mil a year, signed new MOD contract, +-£10mil in bank -
looks good to go.
Sometime.
In the next few years...:-)

[kammaljit] 05/3/2004 11:33

DoobRizla

Many thanks for your reply, my goal is long term hold but the downward trend just concerned me, hence the post to you.


regards.

[doobrizla] 05/3/2004 11:07

kammal

You need to ask yourself why you bought in.
Synstar keep signing new contracts and for all money, look sound.

We are not going to know about Computacenter until it is signed. Could be anytime and you would therefore have to be in it to win it.
If, or how long, this will take - nobody knows.

Good luck