Synectics – #2 shares bouncing on business update, but...

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”...

Synectics (#SNX) – “operating… at significantly reduced levels of activity in every sector and geography”

Synectics (#SNX) – provision of £0.908m as result of “settlement agreement in relation to an employment related legal claim in the US”

Synectics (#SNX) – FY adj. EPS +10%, DPS maintained, currently expecting this FY “solid improvement… though somewhat weighted to the second half”. Hmmm.

Synectics (#SNX) – warns due to “weakness in the group's UK integration businesses in security and mobile transport”

Synectics – results subdued again… but investment beginning to pay off?

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…

Synectics (#SNX) – “pipeline of expected new business remains strong” but current delays in particular in UK

Synectics – results subdued… but confident of good progress from here

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”…

Synectics – FY only “broadly in line” but now “increasingly confident”, remains a recovery buy

Surveillance technology and networked security systems company Synectics (SNX) has updated including anticipated underlying profit before tax for its year ending 30th November 2018 is “broadly in line with market expectations” and that “the board is increasingly confident of solid progress in the group's results in the coming year”…

Synectics (#SNX) – FY “broadly in line with market expectations”, for coming year “increasingly confident of solid progress”

Synectics – a buy for recovery

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 (#SNX) – FY profit “anticipated to be in line with market expectations”

Synectics (#SNX) – FY “anticipated to be in line with market expectations”

Zak Mir's Bull Call of the Day No. 1: Synectics: Extended Base Points Back To 50 Day Line

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.

Synectics (#SNX) Trading Statement: in line, profitable, to resume dividend

Synectics (#SNX) year end trading update - no worse than last profits warning but grim

Synectics plc – profit warning statement a riddle wrapped in an enigma

Shares in surveillance technology company Synectics plc (SNX) currently trade more than 30% lower, at 220p, on the back of an announcement that it “expects to incur an underlying loss for the full financial year” as “underlying profit for the second half of the financial year ending 30 November 2014 will be significantly below market expectations of £5 million, though still positive”. Is the severity of the downward share price lurch justified?