Sysgroup Share Discussion Threads

[rivaldo] 08/11/2021 12:24

RNS - Helium Rising Stars Fund have been buying, and are now up to 6.88, or 3.4m shares, up from 4.65%. Quite an increase, and dated 5/11 so presumably to do with that large trade last Tuesday:

[masurenguy] 05/11/2021 15:07

Carter sold out his complete holding in SYS. I believe that he is a private investor who is also the largest shareholder in Peel Hunt.

[tiltonboy] 05/11/2021 13:07

Thanks gleach, I hadn't seen that.

That is the holding of Darren Carter...not the great Darren Carter who took the winning penalty in the 2001/2 play-off final against Norwich...lol...

I presume he was a holder of one of the companies SYS took over.

[gleach23] 05/11/2021 10:09

Ahead of results on 22nd, couldn't resist a top-up this morning for the reasons highlighted in recent posts although didn't find the lack of face to face meetings due to Covid an entirely convincing explanation for the revenue drop.

Noteworthy trade reported late on Tuesday of 3.55m shares @ 28p will hopefully be a marker for the low point.

[rivaldo] 02/11/2021 07:17

RNS re investor presentation on Investor Meet on November 23rd after the interims - good to see SYS being proactive with investors:

[tiltonboy] 01/11/2021 15:13

Totally agree. It doesn't matter who is buying or selling. All that matters is the company delivers. The share price will sort itself out!

[hastings] 01/11/2021 14:16

That's what makes the market-go-round!

[tiltonboy] 01/11/2021 13:40

Looks like there are a few who are less impressed!

[weatherman] 31/10/2021 16:36

I can see consolidation in this sector, and SYS may receive a bid given its current low rating - imo.

[hastings] 31/10/2021 07:30

Great to have your company here rivaldo and I absolutely agree with your take on this.

[rivaldo] 31/10/2021 07:24

I've picked up some of these at 30p and below. The trading update looked OK to me, with SYS proving that they can continue to trade very profitably - and in line with forecasts - despite the pandemic-induced reduction in sales.

On a P/E of around 8, with a £2m cash pile, and likely to make hay as business activity recovers post-pandemic given their sector, SYS looks very solid value to me at these levels.

[hastings] 29/10/2021 13:56

Well I've added, although shows as a sell.

[hedgehog 100] 29/10/2021 13:27

SYS is also a good play on cybersecurity -


Which has gained even more impetus since the pandemic -

"Wednesday 27 October 2021 7:20 am
Softline to launch $1.5bn London IPO amid cybersecurity frenzy
... When businesses went virtual amid a raft of Covid-19 restrictions worldwide, many realised their cybersecurity was not where it needed to be to handle the transition – which has pushed many to upgrade their digital defences."

[hedgehog 100] 29/10/2021 13:03

There are multiple useful press releases on SYS's website -


For example -

"October 21st, 2021 by Bethany Whelan
Creating a ‘super-brand’: SysGroup targets £100m market cap
CEO and CFO explain how transformational deals and organic growth are key to rapidly scaling a technology company
... “Our plan is to take the business to a £100m market cap,” says CEO Adam Binks. “It only takes two or three strategic acquisitions.” ..."


If the pandemic has depressed valuations in the sector, then this could be the perfect time to pick up some bargains.

[hedgehog 100] 29/10/2021 12:52

At just 28.5p the fall looks overdone, considering that the full year EBITDA forecast is still intact.

In fact, doesn't meeting the EBITDA forecast on revenues lower than forecasted mean that margins are better than forecasted?

Looks a very good value recovery play for H2, which should be lockdown-free unlike H1.

[weatherman] 29/10/2021 12:17

Mkt cap to EBITA ratio of nearly 5 seems too harsh.

[tiltonboy] 29/10/2021 08:53

Thanks hastings

[hastings] 29/10/2021 08:50

Shore note this morning sees Sys hitting their forecasts for full year with EBITDA of £2.8m. After the retrace, the shares trade on a PER of circa 8, so despite the obvious difficult climate remains a hold for me and I'll no doubt add further if the offer moves further.Interestingly, the note highlights others such as iomart which I already flagged up, along with Redcentric as all being impacted.I'll add more when I speak with the CEO.

[cockerhoop] 29/10/2021 08:35

Aiden does seem to have a special talent in acquiring growing businesses and turning them ex-growth :-)

[jolomo] 29/10/2021 08:16

COVID aside, if you tout yourself as a growth stock, make what may turn out to be expensive acquisitions & fail to even maintain top-line you are going to get sold off. Valuation looks very cheap but perhaps deservedly until we see some proof of delivery.

[tiltonboy] 29/10/2021 08:05

Heading for an all-time low. I think that's a bit harsh!

[jolomo] 29/10/2021 07:55

As always I look forward to any insight you can bring.

[hastings] 29/10/2021 07:42

Morning Jolomo, I don't disagree with you and I'm hoping to speak with Adam Binks as soon as possible.

[jolomo] 29/10/2021 07:39

Morning Martin. I agree with what you say, but I think it's important for their credibility that we hear a bit more on what they are going to do short-term to get some top-line growth rather than unrealistic targets of £100m market cap. Clearly can't use equity at this price to make any acquisitions.