Sysgroup Share Discussion Threads

[cpap man] 30/6/2020 07:40

Final results are out this a.m. from LSE:SYS



Adam Binks, Chief Executive Officer, commented:



"FY20 has been another year of considerable growth, in which we delivered increased revenues and EBITDA, whilst integrating our largest acquisition to date. Despite COVID-19 dominating the end of the financial year, I have been impressed with how the team have continued to support and service our customers during these challenging circumstances.



While there is still uncertainty around the impact of COVID-19, we believe it has presented us with significant opportunities. We have seen an accelerated shift towards flexible and remote working practices, with investment in the appropriate technology becoming ever more mission critical. Businesses are now seeing, more than ever before, the value of outsourced managed IT services and are looking to trusted providers to help them navigate the complexities of the technological landscape. I am confident we are well positioned to support our customers through this period of change which will be further underpinned by our buy-and-build strategy.



As we look ahead, I remain optimistic for continued growth, supported by a robust balance sheet, a diverse customer base and the growing relevance of our solutions. I am pleased to be able to report that, underpinned by our strong levels of recurring revenue, momentum in the first months of FY21 trading has continued."

[cpap man] 26/6/2020 15:15

Next Tuesday!

[weatherman] 22/6/2020 07:18

Results 30 June - next week.

[weatherman] 10/6/2020 12:43

Looks like they are building a sizeable stake - now 4.6% - can only be good for the shareprice.

[cpap man] 10/6/2020 08:20

Helium Rising Stars again

[cpap man] 10/6/2020 08:19

Another HOLDINGS RNS this morning

[cpap man] 09/6/2020 11:55

Many thanks wm

[weatherman] 09/6/2020 10:52

Helium Rising Stars Fund has been buying - gone over 3%.

[weatherman] 05/5/2020 12:42

Recent news report from the results. hxxps://www.thebusinessdesk.com/northwest/news/2058652-cloud-hosting-firm-anticipating-strong-revenue-and-ebitda-improvements

[weatherman] 28/4/2020 15:54

I go on fundamentals not charts, but if I were a chartist, I might think that the moving averages would soon signal this as a buy.

[basem1] 28/4/2020 14:32

The chart looks disastrous mind so it should not be a buy really

[basem1] 28/4/2020 14:17

Thanks it was brought to my attention at the weekend I have not purchased yet There's no real discount inside the spread either

[weatherman] 28/4/2020 14:09

Yes, its a quiet stock - just waiting for some action - requires patience.

[basem1] 28/4/2020 13:59

Is it normal for there to be no trades for a session and a half ?

[gleach23] 27/4/2020 17:08

Thanks for the reply weatherman which I missed at the time. Good to get the RNS.

[weatherman] 27/4/2020 16:33

Yes, your right - Gresham House now has control of 27.8% of stock in several funds - no wonder they are positive.

[cpap man] 27/4/2020 08:40

Looks like one institution sold and the other institution bought

[weatherman] 27/4/2020 08:28

Look's like a couple of other institutions have sold a few.

[weatherman] 24/4/2020 15:50

No - but MI Downing UK Micro-Cap Growth Fund reduced its holding below 8% as the price went up.

[gleach23] 23/4/2020 18:48

Not invested here currently but just came on to my radar and I'm tempted.

Can anyone share a view/insight on the 3 trades from yesterday but reported today totalling 4.7m and all @ 27p? TIA

[cpap man] 22/4/2020 16:05

Many thanks weatherman - please keep the great info reference SYS coming!

[weatherman] 21/4/2020 22:48

hxxps://www.trustnet.com/news/7463565/the-stocks-that-might-benefit-from-everybody-working-from-home
SYS mentioned alongside Microsoft and Intel.
"
Another cloud infrastructure provider which could benefit is SysGroup. Chosen by Ken Wotton, lead manager of the £238.1m LF Gresham House UK Micro Cap fund, said that demand for this is not just from the migration to working from home, but the long-term megatrend of digital transformation across all businesses in the coming years."

[cpap man] 21/4/2020 15:25

Cheap buyers hoovering up loose SYS stock and why not!?!?!

[weatherman] 21/4/2020 10:13

Lots of new shares issued with an acquisition over a year ago, and subsequent off-loading with few buyers - and possibly lack of news flow. The company has now shown it has made good profits out of the acquisitions, thus justifying a rerating from a lower base as lockdown comes to an end - imo.

[bbluesky] 21/4/2020 09:17

Any clues as to why the share price has been so dire(even allowing for the market) over a long period of time:questions over accounts/billings/cash etc ?