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”.

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.

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?

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?...

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?…

Previously writing on security and surveillance systems company Synectics (SNX), last month with the shares at 133.5p I noted the company plans to reinstate guidance on future trading with half-year results on 13th July but I suggest that’s not going to be particularly positive for this year at least. How is it?…

Previously writing on security and surveillance systems company Synectics (SNX), in April with the shares at 142.5p I concluded cautiously. What now of a trading update today, with the shares currently slightly further lower at 133.5p on the back of it?…

Previously writing on security and surveillance systems company Synectics (SNX), with the shares at 150p earlier this month I questioned recovery potential?. The shares are currently 142.5p on the back of a “Business Update”. How’s latest performance and the outlook?…

A “secures major City of London project”-titled announcement from security and surveillance systems company Synectics (SNX) and the shares currently up 11% in response, to 150p. Justified?…

Security and surveillance systems company Synectics (SNX) has announced that it has successfully deployed the first phase of its “pioneering” operational management system for Deutsche Bahn’s S-Bahn operation in Berlin – and the shares have currently responded to 112.5p, approaching 10% higher. What’s the detail?…

Previously writing on security and surveillance systems company Synectics (SNX), with the shares at 100p I concluded I’ll continue to monitor for signs of overall trading recovery but currently continue to avoid. The shares are now 105p on the back of a trading update – any signs of overall trading recovery?…

Security and surveillance systems company Synectics (SNX) has followed a “Contract Win” announcement with a non-executive director, Michael Butler, purchasing shares. Significant?…

Previously writing on self-styled “a leader in the design, integration and support of advanced security and surveillance systems” Synectics (SNX), in June I concluded that I remain cautious on the overall recovery here and thus still only presently on the watchlist. Today a “Trading Update” and the shares currently 13.5% lower on the back of it, at 112.5p…

A “Major Contract Win” announcement from security and surveillance systems company Synectics (SNX) – and the shares currently up to 109p in response...

I noted earlier Braemar Shipping Services – shares bouncing on business update, but..., and shares in Synectics (SNX) are doing likewise. Updating on Synectics in December, I noted the shares are now around 150p and I apologise that this recovery play has not worked out as hoped currently, but I’ll continue to monitor – with potentially improved conditions for it in the year ahead. The shares remained around 150p until mid-March, though had since fallen to approaching 100p. They’ve currently bounced to 112.5p on the back of a “Business Update”...

An update on my second tip of the year for 2019…

Surveillance technology and networked security systems company Synectics (SNX) has announced results for its half-year ended 31^st May 2019 and a contract win…

As 2019 neared, I wrote a couple of share tips of the year. After the first quarter (and a bit), how are they faring?...

Surveillance technology and networked security systems company Synectics (SNX) has announced results for its year ended 30^th November 2018 and that “the pipeline of identified new business that the group expects to win and deliver in 2019 is strong, and we expect to benefit from growing momentum in certain market sectors”…

Having been over 600p in 2013, shares in Synectics (SNX) were heading towards 100p towards the end of 2014 following a “Trading Update and Board Changes” announcement, which included from Chairman David Coghlan; “In the board's view, and I'm sure that of other shareholders, a third profits warning in a year for Synectics is unacceptable, even after five years of solid profits growth. Some of the factors behind this poor performance have been outside the company's control, but others were not. Action is being taken to ensure future profitability is not dependent on the timing of revenue recovery in certain sectors”. Such action looks to have been taken, but the share price has only recovered to a current 220p offer – and this looks a recovery story with more to go…

Synectics is a stock which is new to me, something which is quite an achievement given how much scrutiny the small caps space gets here in terms of technical trading opportunities on a daily basis.

In a wide ranging podcast today I start by revealing that I am trying to nail 3 former AIM CEOs who simply stole money from their company's. More on that later. I also cover Touchstone Gold, Synectics, Range Resources, Concha, Westminster Group and more.