Hello Share Solvers. You have to respect a company with a lot of famous names among its customers. Today’s choice for your further exploration includes among its clients; the British government, Airbus, the European Space Agency, the BBC, Radio France, Siemens, Vodafone, Metropolitan Police, the Royal Navy and the National Trust. Impressive, eh?
Hello, Share Twizzlers. Normally, I avoid companies which design and flog software. It is, after all, fairly easy, if you’re talented, to start up a company with very little capital and design computer pages from the bedroom.
It can be said without too much fear of contradiction that for shares of Scisys (SSY) in the recent past there has rarely been a dull moment. The question now is what direction will the share price take?
With shares in SCISYS plc (SSY) falling (from above 80p to sub 60p, giving a current market cap of £17.3 million) on the back of an announcement that it expects “a substantial short fall in profits for 2015 compared to the guidance issued in March” (see HERE), its house broker has sought to reassure on “a singular issue, fully provided, and measures have been taken to avoid recurrence”. However, the forecast reductions are savage…
Hopefully those with interest in provider of technology and support to the space, commercial & defence and media & broadcast sectors, SCISYS plc (SSY) took note of my warning at above 80p per share in April (see HERE) as the shares have experienced an approaching 30% one day decline, to sub 60p, on the back of a “trading update” (ShareProphets translation service: “profits warning”). So what now?
Having risen from sub 70p at the start of 2014, shares in provider of technology and support to the Space, Commercial & Defence and Media & Broadcast sectors, SCISYS plc (SSY) have more recently been steady at around 90p until recent results took them back towards 80p. So is this a time to buy the shares?









