Integrator of telephony systems into existing software, Synety Group (SNTY) has announced what its CEO, Simon Cleaver, considers “a resounding endorsement for our technology”. The shares have though currently responded just 1.4% higher to 72.5p. Hmmm…
We are truly honoured. Paul Scott has posted here explaining why Steve Moore is wrong to be bearish about Synety (SNTY) - see HERE. Scotty admits that he is a bit of astake bull having called it consistently wrong (unlike Steve who has been 100% correct in being bearish to date) but insists that this time it will be different. In the interests of balance here is Mr Scott on a stock he does own.
Having originally warned on shares in telephony-CRM integration software group Synety (SNTY) at 92.5p a year ago and most recently last month HERE, they slumped towards 60p earlier this month, but have now recovered by more than 17% to 78.5p on the back of results for the 2015 calendar year. Hmmm…
Having first warned with the shares at 92.5p, I most recently updated on Synety Group (SNTY) with the shares at around 80p last month, questioning a cash crunch ahoy? (see HERE). The company has now made an announcement entitled “New loan facility”…
Having originally warned with the shares at 92.5p following the company admitting that progress was not as quick as originally estimated (see HERE) and most recently at 89p following results for the first half of 2015 (see HERE), I now update with shares in Synety Group (SNTY) hovering around 80p on the back of a 2015 full-year trading statement.
Having originally warned at 92.5p following the company admitting that progress was not as quick as originally estimated (see HERE), I now update on Synety Group (SNTY) following recent results for the first half of 2015 and with the shares at 89p…
Having noted last month (see analysis HERE) that recurring revenues had not built as quickly as original estimates and announced a massively discounted fundraising, Synety Group (SNTY) has now announced that there will be “a prioritised focus on cash burn and accelerated break-even” rather than “high growth through rapid customer acquisition”. Is this though because it has chosen this route or effectively been forced down it?
Shares in Synety Group (SNTY), which has developed software enabling integration of telephony systems with existing software, currently trade more than 30% lower today, at 92.5p, following the company announcing results for 2014 and a massively discounted fundraising. With it though insisting that it “is encouraged by current trading” and “optimistic” about longer-term growth prospects, the following reviews…
