16:17 08/04/2013	Contract win
RNS Number : 7321B SCISYS PLC 08 April 2013 SCISYS PLC ("SCISYS" or "the Company") Contract with BBC SCISYS PLC (AIM: SSY) the supplier of bespoke ICT software systems, IT based business solutions and support services to the Media & Broadcast, Space, Government & Defence and Environment sectors is pleased to announce that its Media & Broadcast division has received an order under its framework agreement with the BBC for the replacement of the dira! radio production and playout system used on all radio channels at BBC Scotland. The current dira! systems as supplied by SCISYS will be replaced across Scotland (Glasgow Pacific Quay, Edinburgh and, at a later stage, in 9 regional sites) with dira! Next Generation windows-based systems. Additionally the BBC will receive an extra system for validation and training purposes. It is expected that the project value will exceed £1million in total, commencing immediately and is scheduled for completion during 2015. David Jones, CEO of SCISYS, commented "This is a key contract win for SCISYS and underlines the strength of the relationship established between SCISYS and the BBC. It provides further long term revenue visibility and gives further comfort on our progress towards meeting market expectations for the current financial year." By Welsheagle
9:42 21/03/2013	analysis of results
very pleasant reading of RNS. good results and full of positivity re immediate and medium term. also like the add-ons to the core business to come re sub rental income and bolt on's. there has been a good boost since the chart break out at 54p i dont expect any fireworks and a 2-3 year hold riding the growth in aerospace in UK. eps probably capable to be closer to 10p in 2/3 years and maybe they can justify 10t P/E but certainly think 8t as a minimum so that gives me target price of between 80p-100p in 2/3 year time (12-15% p.a. + 2% divi) All IMHO, DYOR + BoL SSY is in my portoflio By thirty fifty twenty
17:09 21/01/2013	80p
21 Jan SciSys PLC Finncap tp 80.00 Reiterates 90p would be better but I'll also be happy with this 80p tp m By mantrova
14:32 21/01/2013	90p
I'm very happy with today's Trading Update and see that Edison write of their client, "SCISYS expects to report FY12 adjusted EBITA in line with market expectations and record a further improvement in operating margins. While the group order book is healthy, the UK public sector remains challenging, hence we have eased back our FY13 forecasts. However, FY13 will benefit from a full contribution from the recently acquired MakaluMedia (MM) and we expect more news on the groupâ€™s involvement in the Warrior upgrade project. Given our maintained long-term margin target of 7.9%, our discounted cash flow values the stock at c 90p" m By mantrova
8:43 21/01/2013	Trading update
RNS Number : 8869V SCISYS PLC 21 January 2013 SCISYS PLC (SSY: AIM) Pre-close Trading Update SCISYS PLC (AIM : SSY), ('SCISYS' or the 'Company') - the supplier of bespoke software systems, IT based solutions and support services to the Media Broadcast, Space, Government & Defence and Environment sectors is providing a trading update for the year ended 31 December 2012 prior to entering its close period. Trading The Directors are pleased to report that the Company performed in line with expectations in the second half of the year and expect to report adjusted EBITA for the year consistent with market expectations, showing further improvement in net operating margins. Cash inflows have remained strong and underpin the Company's progressive dividend policy. Although its markets remain difficult, the Company anticipates reporting a healthy opening order book and new business pipeline for 2013. The Government & Defence and Media Broadcast divisions both finished 2012 on a strong footing with a number of key contract wins underpinning their prospects for 2013 and beyond. The Environment division's short term order book remains uncertain, but there are encouraging signs of movement in the prospective business pipeline that should convert to new orders. The Applications Management division has performed in line with expectations. With a strengthening performance from the Space division in 2012, the Board anticipates that all divisions will continue to perform positively and in line with expectations for 2013. The integration of the MakaluMedia acquisition, completed in October 2012, is going well although it will not have made a material contribution to 2012 Group profits. The Board continues to maintain a close focus on the Company's cost base and will ensure a judicious balance between capacity and demand for resources. Additional tenants have been secured for leasing office space at market rents from 2013 at the Company headquarters building in Chippenham which will further reduce central overhead costs. Board SCISYS announced on 27 December 2012 the appointment of a new non-executive director. David Coghlan's experience in UK corporate affairs will be valuable to the Board. He will chair the audit committee as well as being a member of the remuneration committee. Outlook The Board remains cautious but believes that the business is capable of further progress in 2013. Organic revenue growth is likely to remain challenging in the UK public sector. Acquisition opportunities will continue to be monitored by the Board during the year and will be pursued where strategically appropriate. Commenting, Chairman of SCISYS, Mike Love, said: "Despite several challenges during the second half I am pleased that our full year results for 2012 are in line with expectations and that the Company has been able to deliver another good performance, yet again demonstrating the underlying resilience of the SCISYS business. Our key focus remains further margin growth." Results SCISYS expects to report its preliminary results for the year ended 31 December 2012 on 21 March 2013. By Welsheagle
9:26 25/09/2012	Re: RNS
Just the one change of adviser. According to the first change notice, it was actually a takeover of the previous adviser. By Interested Bystander
19:11 24/09/2012	Re: RNS
well spotted and good point any thoughts on possible reason esp. with results just around the corner? would have thoughts results will see positive uplift given general market trends the activity in the aerospace sector and the recent chart pattern companies always capable to throw in surprises though!! All IMHO, DYOR + BoL SSY is in my top 10 hldgs By thirty fifty twenty
14:36 24/09/2012	RNS
2 months and two changes of adviser.. Very strange ? By Bantam Spirit
8:30 22/03/2012	good results
results i thought were good so still looks like break out will deliver ebitda will be 3.3 - 3.5m next year (eps of c.7p) with no debt so MV of 16m in a growing sector looks cheap enough backed by very tightly held shares i guess we'll see what press make of them to see f any new pi's come on board i think a bid by regarded defence contractor not out of the question All IMHO, DYOR + BoL SSY is in my portfolio By thirty fifty twenty
11:49 24/02/2012	significant chart b'out at 54p
price has been moving upwards lately and is now through a 5 year resistance pattern the upsid of which would be 75-80p on fundamentals this looks very supportable eps for 2011 will be 6p+ with growth expected for 2012 there is great CASH flow in this business and the recent trading update confirmed positive trading and positive outlook so maybe price moving in anticiaption of results due mid march shares are tighly held so any press interest could see significant price movement the divi is modest but better than bank rates so provides comfort for what needs to be a medium term hold given the liquidity All IMHO, DYOR + BoL SSY is in my portfolio By thirty fifty twenty
10:37 01/02/2012	Edison Investment Research
SciSys - Looking to drive growth Wed, Feb 1, 2012 at 11:34 AM Click for report http://bit.ly/zJsIup By SpikeyDT
11:20 07/12/2011	FD Presentation 15th December
I am the regional organiser for a group called ShareTalk - we are non profit making and run by volunteers. At our next meeting, on Thursday December 15th, we are seeing a presentation from Chris Cheetham FD of SciSys The meeting is held at the Kings Arms, Didmarton www.kingsarmsdidmarton a lovely Georgian coaching inn , c.10 mins from J18 of the M4 and will include a good two course lunch with wine. There will be a presentation fron Mike Welburn CEO and Phi Lee FD of Tricorn. in the morning. The cost is £22.50 to include lunch and coffee. I have one spare place for this meeting - if you would like to come please contact me avonseawitch@yahoo.co.uk By AvonSeaWitch
11:44 29/09/2011	Edison Investment Research
SciSys - Strong prospects Click for report Thu, Sep 29, 2011 at 11:40 AM http://www.edisoninvestmentresearch.co.uk/researchreports/scisys290911outlook.pdf SciSys has announced a strong set of interim results, in spite of the challenging backdrop, with four out of its five divisions reporting good growth in both revenues and contribution. The numbers reveal that SciSys is delivering on its growth strategy and goal to expand margins and, further, the group retains a strong order book. While we cautiously ease back our FY12 numbers, given the uncertain backdrop, we believe the group is well positioned to beat forecasts when the economic outlook improves. Our long-term margin target continues to support a valuation north of 80p. SciSys provides a range of professional services in support of the planning, development and use of computer systems primarily in the space, government and media/broadcast sectors. Year End Revenue (£m) PBT (£m) EPS (p) DPS (p) P/E (x) Yield (%) 12/09 41.7 1.6 5.0 1.0 8.5 2.4 12/10 43.6 2.0 5.0 1.1 8.5 2.6 12/11e 44.3 2.2 6.0 1.2 7.1 2.8 12/12e 45.6 2.4 6.5 1.3 6.6 3.1 SciSys is a research client of Edison Investment Research. By SpikeyDT
18:48 29/07/2011	Growth Investor-Ben Jaglom
SciSys 29/07/2011 Ben Jaglom http://www.growthcompany.co.uk/recommendations/1644403/scisys.thtml Technology group SciSys (SSY) has unveiled a trading update in which it reports that results for the six months to June are 'in line with expectations'. The AIM-quoted company, which operates in sectors ranging from the media to aerospace declared that it had maintained a 'solid order book' over the six month adding that this provides a 'firm foundation' for its full-year results. However despite this it cautioned that it 'remains alert to the broader economic uncertainty. It also confirmed that it had purchased the freehold of a new headquarters in Chippenham, in a purchase worth £5.04m. Analysts at paid-for-research house Edison are forecasting pre-tax profits of £2.2m (EPS: 6p) on turnover of £44.3m for the year to December 2011. In 2012 it sees profits climbing to £2.8m (EPS:7.5p) on revenue of £45.9m. A dividend of 1.2p and 1.3p a share is pencilled in for 2011 and 2012, respectively. Last recommended by Growth Company Investor this January at 48p the shares currently trade at 55p. Having shown considerable resilience amidst the waves of public sector cuts that have affected many of its clients, particularly in defence the company holds moderate growth prospects, having grown its footprint in the Middle East this year with contract wins on Oman to add to their existing work with the troubled nation of Egypt. We reiterate our hold rating. Tags: British technology, Business in the Middle East, Public sector cuts, SciSys Sector: Software & Computer Services Companies: SciSys Market cap: £16mPE Forecast: 9.1 Share price: 55p By SpikeyDT
12:16 29/07/2011	Edison Investment Research
Scisys (LON:SSY) - In line trading continues Friday, Jul 29 2011 by Edison Investment Research http://www.stockopedia.co.uk/research/in-line-trading-continues-58617/ http://www.edisoninvestmentresearch.co.uk/?ACT=18&ID=5486 Jul 29th 2011 - Edison Investment Research today published a report on Scisys (SSY.L, LSE:SSY, LON:SSY) entitled "In Line Trading Continues". In summary, the report says: In a brief trading update this morning, SciSys says that trading is consistent with its full year expectations and the order book remains solid. Nevertheless, management is retaining its cautious view on the trading outlook given the continuing economic uncertainty. However, as management said earlier in the year, it is also more proactively investigating opportunities to grow the business following several years of focusing on driving efficiencies across the group’s operations. By SpikeyDT