Sysgroup Share Discussion Threads

[interceptor2] 02/9/2009 21:23

Good spot milked500

Two large sell transactions of 500k and 550k @ 48p and only small buying volume, yet price 1.5p up @ 51p. Hope for a strong run up to results next Wednesday.

[miked500] 02/9/2009 16:07

for any holders hope this is of interest.

[miked500] 02/9/2009 13:50

Looks like they have won a new contract on the isle of man according to their website.

[nurdin] 02/9/2009 13:36

Got a few here..results 9 september and looks like its about to break out.

[interceptor2] 13/8/2009 19:43

Sorry not sure who are direct competitors.

Finals not far away now 9th September, might see a trading update, but they didn't issue one last year, so no guarantee.

[wcjan26] 04/8/2009 11:21

anyone know who are sys direct competitors?

[interceptor2] 30/7/2009 19:47

Daniel Stewart 27th July reiteration of Buy Rating

2009 PBIT = £4.2M (£4.2M) - EPS = 3.5p (3.5p)

2010 PBIT = £6.7M (£5.3M) - EPS = 5.4p (4.3p)

As you can see 2009 remains the same as the update in March, but 2010 has significantly been increased.

[interceptor2] 28/7/2009 13:23

On 24th July Barclays Wealth Trustees brought 1,016.667m shares @ 52p and now hold 3,304.408m or 3.7%.

We now know that Guy Hands holding went to Barclays along with another large holding @ 52p, I guess because institutions need to buy larger amounts, they can't just buy them in the market like us, because that would push the price up. Hence the premium.

[interceptor2] 27/7/2009 15:32

The RNS released today is a sale on Friday by Guy Hands, ex ceo of Terra Firma private equity group and amoung the wealthiest people in Britain with a fortune estimated at £200m. He sold 282,000 shares and now holds just over 3.5m or 3.94%.

Interesting it looks like one of the large buys was his stake @ 52p and another buy of 685,780 @ 52p also went through on Friday. Which was 1p over the asking price @ 49p - 51p spread.

[interceptor2] 24/7/2009 15:20

Huge buys going through today, 1,103,136m @ 52p against only a 1,625 sale. Would expect an RNS soon, as this is an unusually high number, they normally only trade aboue 10 to 20k a day.

[interceptor2] 16/7/2009 12:49

I agree that Liquidlogic weren't brought at a knockdown price, probably a full price. If you take last years operating profit of £0.9m (excluding one off
non-recurring costs of GBP0.7m). It should be about earning neutral, what we don't know is how strong the pipeline of potential additional orders will be, and the potential growth available to sys in this niche market.

On balance I have no reason not to trust the managements judgement, and am happy to hold with my s/l in place, just in case I'm wrong.

[wjccghcc] 16/7/2009 10:31

Agree with EI. Although the aims of the software are laudable, it's a very different market to the health sector. Also, 80% of the revenues come from sale of new products rather than recurring which makes it subject to delays in social care spending which could easily happen over the next election.

[essentialinvestor] 16/7/2009 10:10

Raises the risk profile though IMO and the price paid looks full.

[interceptor2] 16/7/2009 08:15

The placing at 48p should give good support under the price now (once the share price recovers above 48p)

This is a major acquisition for sys and looks like a very good fit, as they position themselves in a strong position in this sector.

[interceptor2] 16/7/2009 08:00

Interesting acquisition announced this morning see below...........

Acquisition of Liquidlogic Limited


Institutional Placing of 25,000,000 Ordinary Shares at 48 pence per share


System C, the provider of specialist IT products and services to the healthcare
sector, is pleased to announce that it has acquired Liquidlogic Limited, a
provider of software and related services to the social care sector, for a total
consideration of up to GBP14.2 million including up to GBP4.0 million in
deferred consideration. In conjunction, the Company has raised approximately
GBP12.0 million through a placing of Ordinary Shares in the Company with new and
existing institutional shareholders by Charles Stanley Securities, subject to
shareholder approval.


The Enlarged Group is the first major company to specialise in both health and
social services solutions for the UK market.


Liquidlogic has over 43,000 users working across 29 children's and 11 adult
social care services and a range of NHS organisations. System C has provided
consultancy services at over 200 healthcare trusts and installed products from
its Medway Sigma range of patient management and clinical software applications
in over 30.


Liquidlogic is highly regarded for its innovative range of systems for the
social care sector. Its approach is based on providing multi-agency solutions,
allowing health, social care, education, police and voluntary sectors to work
collaboratively. Its software has been developed specifically to support the
secure sharing of information and facilitate the move towards collaborative
working which is a major part of the government's vision for delivering improved
public services for all.


For System C, the Acquisition represents a significant strategic advance in
terms of expanding its customer base and enhancing its portfolio of products and
services.


Liquidlogic is System C's largest acquisition to date with an initial
consideration of GBP10.2 million in cash, and deferred consideration of up to
GBP4.0 million, contingent on performance following completion.


In conjunction with the acquisition, System C has raised GBP12.0 million to
maintain the Company's balance sheet strength and provide funding for future
growth opportunities.


Commenting, Ian Denley, Chief Executive of System C said:


"I believe the Acquisition has created an exciting group. Not only does the
Enlarged Group have excellent prospects in the health market and the social care
sector, but it is well positioned to support the government's drive to provide
integrated care."

[interceptor2] 02/7/2009 12:46

When you look at the recent fast rise to over 50p, it is just some selling pressure without the buyers to balance it out. But with last months bullish trading statement there are probably buyer waiting in the wings. If I didn't already hold I guess I would be hoping to purchase in the mid 40s.

[gerdmuller] 02/7/2009 09:48

Pull back today has enabled me to reopen long position on spreadbet. Any further falls and I will add. Is the fall just due to boredom or is there anything else happening?

[interceptor2] 24/6/2009 13:36

Thats better thanks for setting up with graphs, I will post here in future.

[strollingmolby] 23/6/2009 23:00

Hi,

I've set up a new SYS thread with graphs and news, etc... if you're willing to come across. It's always frustrating looking in here and not know where the price is!



Cheers,

SM

[strollingmolby] 23/6/2009 22:58

System C Healthcare plc is the UK's premier healthcare solutions company. System C specialises in the provision of healthcare information systems, implementation services and consulting. Our aim is to help improve patient care and safety through the effective use of IT solutions and innovative consulting services.

System C is passionate about healthcare and works right across the sector: in primary and secondary healthcare, mental health and social care, and within both public and independent arenas.

[interceptor2] 23/6/2009 22:26

Some more large buy transactions today within a few seconds each, one of 189,220 and the other of 175,000 @ 52.5p.

Someones keen.........

[pinkkasti] 17/6/2009 12:03

Oh my....yes thats correct, I dint spot that. Really must imnprove my attn to detail, it gets me into trouble sometimes.

Yep well anyway...it (the SP)seems completely unaware of any activity

[interceptor2] 16/6/2009 21:37

Octopus brought 293.00 shares which increases holding to 4,522.400 which is 5.03%. Still positive while share price pauses after a strong move.

[pinkkasti] 16/6/2009 20:24

well Octopus investment shovelled up another 5% today and not a stir nor blip on the ol cardiograph. Thats 9% they own now.

[interceptor2] 11/6/2009 09:13

Daniel Stewart issued buy reiteration again today with 58p share price target, a few more contract wins and we should see some upgrades.