Gerry the arse Brandon has only “been resigned” from Deepverge (DVRG) for two weeks and yet already the new bosses have managed to find annualised cost savings of £2 million from thin air. That begs an almighty question of Brandon and surely means that he must be fired at Microsaic (MSYS) if it is not to go bust next year.
Microsaic Systems (MSYS) “is pleased to announce that Kingfield Electronics Limited has appointed Microsaic as an Authorised Partner for front-end research, development, and engineering product development in scientific instrumentation and micro-engineering”. What of a current 0.08p share price, to a circa £5 million market cap, in response?
Microsaic Systems (MSYS) has issued a “pleased to announce” trading update, emphasising that “the launch of the Microsaic Services Division, earlier this year, has resulted in an uplift of 40% in revenues” and “a healthy order book for H2 2022 which is the strongest ever going in to the second half”. So what of a current little changed 0.08p share price, circa £5 million market capitalisation?...
Previously writing on Microsaic Systems (MSYS), last month with the shares at 0.10p I questioned how significantly really does a new agreement illustrate how it is able to access additional revenues from innovative companies and concluded I’ll therefore review its eventual full-year 2021 results announcement and the overall outlook with it with interest whilst then continuing to avoid. It now “is pleased to announce its audited financial results for the year ended 31 December 2021”...
Microsaic Systems (MSYS) has announced a “Manufacturing Services Framework Agreement” which Acting Executive Chairman Gerard Brandon emphasises “diversifies the company's revenues beyond equipment sales of Mass Spectrometers… This new agreement illustrates how Microsaic is able to access additional revenues from other innovative companies seeking a high quality product design, development and manufacturing service”. What then of a current share price response more than 7% lower to 0.10p?...
A trading update from mass spectrometry equipment company Microsaic Systems (MSYS) commences that “revenues for FY21 have significantly exceeded those of FY20, recovering to a level slightly ahead of that in FY19, a pre-pandemic benchmark” and includes CEO Glenn Tracey “absolutely delighted”. So what of a current share price response down to around 0.19p?...
The CEO of Microsaic Systems (MSYS) Glenn Tracey is “thrilled to report this transformational performance for the first half of 2021”. The shares have responded to the half-year results announcement to currently 0.22p, more than 12% lower! So what’s going on?...
On 22nd December Microsaic Systems (MSYS) announced that it had appointed KRE Corporate Recovery “to explore other remaining options to maximise value for creditors and potentially other stakeholders”. It was “other remaining options” as a formal sale process had failed – and the shares fell back. However, they have recently significantly recovered and now a further statement from the company has been required...
