Sysgroup Share Discussion Threads

[the chairman elect] 23/11/2020 10:32

Must also be a candidate for being TAKEN OVER!?!?!

[hastings] 23/11/2020 10:31

Been on my watching brief for sometime and decided to pick some up up this morning.
With adjusted pre-tax profit of £2m and EPS of 3.3p pencilled in for the full year, the shares look decent value from here trading on a PER of 10 with net cash.
Recurring revenue is 80% plus and contracts typically run for three years or more.
Clearly off the wider radar, but having traded well enough during a very difficult period, moving forward there could be some decent upside on contract wins and share price appreciation. With customers such as AXA on board there is clearly scope for some decent wins ahead and it is good to see that the likes of Gresham and Herald are holders of the stock.

[scepticalinvestor] 23/11/2020 08:12

Mkt hasn't taken much notice unfortunately...

[the chairman elect] 23/11/2020 07:50

Adam Binks, Chief Executive Officer, commented:

"I am pleased to be able to report on a period that has demonstrated the stability, agility and relevance of our business during a global crisis which has resulted in considerable uncertainty for many businesses. Our team has worked tirelessly to continue to provide a robust and uninterrupted service to our customers whilst adapting to new ways of working and, for that effort, I am extremely grateful.



Whilst COVID-19 has had a marked impact on many sectors, it has created a huge opportunity for the IT services sector. The value of robust, flexible and secure IT has never been so important to businesses; outsourced managed services has been recognised as a key component of many businesses' success, growth and continuity. We look forward to capitalising on that trend in the years to come."

[weatherman] 23/11/2020 07:20

Six month eps 1.7p, looks like they are on for an annual PE less than 10. Should be 15 to 20 imo.

[scepticalinvestor] 18/11/2020 11:54

just bought a small qty. 15k oddshowing as a sell

[weatherman] 17/11/2020 10:19

Investor presentation on 24th Nov.

[weatherman] 28/10/2020 08:10

Helium rising stars has been buying. Now good trading update with strong cash conversion - turned small debt into net cash, and paid off £1m deferred payment.

[tiltonboy] 09/7/2020 07:50

Cancelled the previous plan!

[weatherman] 09/7/2020 07:17

Announcement of an incentive plan for directors - if they deliver then good.

[basem1] 06/7/2020 09:17

Could this get tipped by ST of IC today ? Watch out for the 11.50 a.m move ?

[tiltonboy] 03/7/2020 15:37

...and back down we go

[montyhedge] 01/7/2020 10:53

Looks like a seller around from a company based in the Cayman Islands, going by todays RNS.

[weatherman] 01/7/2020 10:44

In 4 years from 1/4/2017 to 1/4/2020 the adjusted eps has risen from: 0.9p, 2.3p, 3.1p, 3.4p. That record seem to me to warrant a higher PE rating than 10.

[cpap man] 01/7/2020 09:00

Holdings RNS out this a.m. @ SYS

[weatherman] 01/7/2020 08:59

Helium reduced its holding a little, but price is still on the rise.

[weatherman] 30/6/2020 11:49

hxxps://bdaily.co.uk/articles/2020/06/30/sysgroup-plc-announces-revenues-up-by-53-and-almost-doubles-profits-as-build-and-buy-strategy-pays-dividends

[weatherman] 30/6/2020 11:46

hxxps://www.sharesmagazine.co.uk/news/market/6982546/SysGroup-adjusted-profit-rises-sees-momentum-continuing-into-new-year

[cpap man] 30/6/2020 11:15

SYS ticking up

[cpap man] 30/6/2020 08:57

Yes agree weatherman

[cpap man] 30/6/2020 08:33

Yes exactly basem1

[weatherman] 30/6/2020 08:25

PE around 10 and steady growth - a fair rating would see that at 15-20 - or 50-70p target imo.

[cpap man] 30/6/2020 07:55

Looks very good to me over @ SYS

Any comment weatherman?