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Synectics – argues “good progress”, but how good and how confident to be in a ‘significant second half weighting’?

Security and surveillance systems company Synectics (SNX) has announced “good progress being made compared to the same period last year… underpinned by strong trading in the global oil & gas market, which is expected to continue in H2 2023 and beyond”. So what of a current 107.5p share price, still down from approaching 140p earlier this year?

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Synectics (#SNX) – H1 some progress driven by oil & gas market, expects H2 “seasonally stronger” weighting

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Synectics – full-year results, set for “further profitable growth”

Security and surveillance systems company Synectics (SNX) has announced results for its year ended 30^th November 2022 and that “with recovering markets, a sound order book and a strong pipeline of opportunities, the board is confident of further profitable growth this year”.

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Synectics – “slightly ahead of market expectations” and further recovery on the way?

Security and surveillance systems company Synectics (SNX) has announced “second half profit is expected to be higher than in the first half, resulting in an underlying profit for the full year being slightly ahead of market expectations” with gross margins holding up well.

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Synectics (#SNX) – FY adj. profit “slightly ahead of market expectations”, notes managing continuing macro challenges

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Synectics – a recovery Buy?

Last month Synectics (SNX) announced a half-year (to May 31^st) pre-tax profit of £0.5 million and said that period end net cash was £4.2 million. At a current 115p offer price, the market cap is £20.5 million, so how much upside potential is there? We believe there is enough value and impending newsflow to get the shares to 155p and here is why.

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Synectics – interims, on track to deliver the full-year recovery?

Previously writing on security and surveillance systems company Synectics (SNX), in April with the shares down to around 116p I noted concern of what was required for the full-year with the shares on the watchlist. So what of now half-year results?

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Synectics (#SNX) – H1 update, expects further acceleration of improvement in H2

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Synectics – argues first quarter ‘in line with expectations’, but what is required for the full-year?...

Security and surveillance systems company Synectics (SNX) has announced “trading in the first quarter of the new financial year was in line with the board's expectations… The company's consolidated order book as at 31 March 2022 was approximately £29.0 million (30 November 2021: £28.4 million) and the group's balance sheet remains strong with net cash of approximately £3.9 million at 31 March 2022”. So what of a current approaching 7% share price fall towards 116p?...

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Synectics – full-year trading update, return to profit potential?...

Previously writing on security and surveillance systems company Synectics (SNX), on its half-year results with the shares at 133.5p I reviewed the return to profit potential and concluded then just on the watchlist. Today a trading update and the shares up...but to 112.5p. What’s the latest?...