Home » Posts tagged 'SSY.L'
Tag Archives: SSY.L
Keep buying SciSys (SSY.L) says VectorVest. Notwithstanding the success of our call last year, fundamentals and charts continue to impress.
SciSys Plc (SSY.L) is a leading developer of information and communications technology services, e-business, web and mobile applications, editorial newsroom solutions and advanced technology solutions. The Company operates in a broad spectrum of market sectors, including Media & Broadcast, Space, Government and Defence and Commercial sectors. Customers include the Environment Agency, the Ministry of Defence, Airbus Defence & Space, Thales Alenia Space, Arqiva, Vodafone, the European Space Agency, Eumetsat, the BBC, Radio France, RTL, RNLI, Pets at Home, Siemens and the National Trust. Employing around 580 staff, the Company has UK offices in Chippenham, Bristol, Leicester and Reading and German offices in Bochum, Dortmund, Darmstadt and Munich.
Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here
On September 20th 2018, SSY published interim results for the half year to 30 June 2018. In what Chairman Mike Love described as a “continued solid operational performance”, SSY secured key contract renewals and the Space division won a contract with Airbus to develop the global navigational EGNOS V3 ground segment. Half-year revenues grew 13% to £28.7m, with adjusted operating profit up to £2.5m (2017: £1.2m restated). During the period, net debt reduced to £3.3m (2017: net debt £9.0m), and with a half-year order book approaching £100m (2017: £64m) the board raised the dividend by 10% to 0.65p. Mike Love added that cash flow was healthy and the balance sheet was increasingly strong. “We expect our financial results to be more evenly spread over the year. The board also expects, based on current performance, to deliver further year-on-year growth for 2018.”
VectorVest identified SSY as an investment opportunity a year ago, and we published an article on November 15th, citing the growth story and positive reading across a range of indicators. Read that article here (http://www.branduk.net/buy-scisys-ssy-says-vectorvest-key-metrics-indicate-the-time-is-right-to-buy-into-this-growth-company/). The stock went on to hit and pass our then price target of 162p, but despite this outperformance, a host of positive readings continue to support an ongoing growth scenario for SSY today. The RV (Relative Value) metric, (an indicator of long-term price appreciation potential) logs SSY as excellent at 1.51 (on a scale of 0.00 to 2.00), along with an excellent GRT (Earnings Growth Rate) rating of 25%. VST Vector, the master indicator for ranking every stock in the VectorVest database, logs a very good rating of 1.28, (also on a scale of 0.00 to 2.00), and with a current value of 257p on offer, there is clear upside potential from the current 182p
The share of SSY.L is shown above with the share about to break above a 3-month high.
Summary: A scintillating interim results performance from SSY shows the diverse revenue opportunities open to the company, and also shows how much progress has been made since VectorVest first highlighted the company here last year. But as can be seen, debt is falling rapidly, a loss has turned to a profit, and SSY now sits with a huge forward order book. Notwithstanding the success of our SSY call last year, fundamentals and charts continue to impress. Keep buying.
Dr David Paul
September 26th 2018
Readers can examine trading opportunities on this and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 30-day trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com
- Power Metal Resources #POW – Total Voting Rights
- MetalNRG #MNRG expects waste-to-power plant to be in commercial operation by 2023
- Kavango Resources #KAV – Holding(s) in Company
- New UK Investor Magazine with our CEO Alan Green covering: EasyJet #EZJ, More Acquisition #TMOR
- #FCM First Class Metals PLC – High Grade Nickel Sulphide Assays from West Pickle Lake