Carefully Does It
03 Aug 2017
What change I've looked into the past, posts about move to SaaS etc.Still hasn't budged much for a long while.Granted change may not have hit the sales figures yet but I still don't see what's so very special outside it's under valued to a degree. It might be undervalued for good reason if it's all talk and running out of road.The last update might be telling us something as well as Finncap being unable to add colour (they are paid by SIM) after they were touting 45p for a long while.Thoughts?
Carefully Does It
03 Aug 2017
Re: Finncap see 130% share price upside This is an example if the unexpected putting a stick in the wheel, response to post by Grateley a while back on Finncap 45p target.Finncap now unable to give figures following most recent update.As for move into new target end markets, they appear very lightly staffed.Teams are normally needed.Is the CEO reliable?
Carefully Does It
03 Aug 2017
Re: Question - website Another concern is the rate of development elsewhere. Some of the gaming companies can turn VR, AR products quickly and to a very high standard at consumer gaming prices and on PC.I'm trying g to justify risking an investment here but I don't yet see what's so unique.There is value but only so long as it doesn't become a trap and go nowhere.Their shopfront is poor. They do have inroads to customers but if they become poor payers what's the benefit?Is Simbox that special?As for a new I vestor adding big time, having lots of capital doesn't make an investor always right.
coldascheese
03 Aug 2017
Re: Question - website Someone just bought a big stake ,i wonder why ?Also seems to me they are keeping a low profile for a reason add that to share buy backs announced recently and it makes one think that maybe they want to get shares cheap before some mega announcement.Or am I just dreaming
charlie51
03 Aug 2017
Re: Question - website Their website is appalling - particularly given what they do and how it should be something of a showcase for their capability. I have tackled the CEO on this very directly. Given all sorts of assurances it would be addressed. Nothing happened - so far. Maybe in the future. Or it could just be the case that they are generation behind and cannot catch up. Simulation is now so refined and realistic - but the investment to get to this stage is very, very significant. I am not at all sure they have the wherewithal to compete at the top level both in terms of people and technology. As for process - this is a one man company and the process of managing delivery to set expectations does not look at all convincing.
Carefully Does It
03 Aug 2017
Question - website It's puzzled me, given they are a PC based simulation software company, why is their website not better than it is?
Carefully Does It
02 Aug 2017
Watching Have been watching for a while.Liked the look but my experience has been that delays such as this are indicative of problems at a company - not problems at the customer - especially when the customer is an arm of Government.Surprised at the blunt comment from Finncap, obviously no visibility at all.
gretel
02 Aug 2017
RNS : new major shareholder Paul Hill now has above 3%, or 1.596m shares (so around £300,000):[link] willing to bet it's this guy - let's hope he is indeed an "extremely shrewd stock-picker" 
))[link] HillBiographyPaul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute. Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited. Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker."
coldascheese
28 Jul 2017
Re: Simigon surprise - unpleasantly Yep dissapointing after recent Director interview which was quite bullish.
gretel
28 Jul 2017
Disappointing update So...medium/long-term looks great. Short-term...not so great:[link] $8m+ cash pile alone equates to 12p-13p of cash per share. But I suppose a sizeable initial markdown given the H1 loss and the uncertainty re H2 is to be expected.If SIM come through in H2 with the contracts mentioned etc then this will be an opportunity, Until then it's a waiting game for patient investors....Charlie, thx for your very useful comments. I don't have a large holding here, so am happy to wait things out for a while. I may even top up if the price falls enough.
charlie51
28 Jul 2017
Simigon surprise - unpleasantly My earlier comments aside I take no pleasure in seeing this comment from finnCap. SimiGon* (CORP)H1 revenue affected by contract signing delayTicker: SIMMarket Cap: £10.8mPrice: 21.0pTarget Price: n/a Lorne Daniel020 7220 [email protected] This is a very disappointing H1 trading update from the simulation training solutions provider, not least for its revelation a month after the period end. Ongoing delay in signing the June 2016 contract with the IAF for F16 maintenance trainers has prevented the recognition of $0.8m of revenue in the half. This leaves H1 revenue down 40% YoY at $2.0m and as R&D investment has recently been stepped up, it incurs an unexpected H1 loss of $0.6m. The company hopes to book this revenue in H2; however, management cannot be certain that the expected H2 recovery will achieve FY market expectations and will provide further update as soon as it has greater clarity, presumably with Interim results in September. Pending that clarification we are forced to withdraw our forecasts and target price.
charlie51
26 Jul 2017
Re: Simigon could surprise I am going to be blunt. I have met the CEO on 4 occasions....impressive on the first and progressively less so on each other. Every time he has promised he will do this, or that. His failure rate to do what he says is high. This is one man company in the way it is run and it is very much run for his personal gain - his remuneration is very high. The Chairmen is a total lightweight, the CFO a yes man to Avi and the NEDs a joke. I have wanted to remain invested as the fundamentals looked so appealing, but I am now out (and I have no short position).
mantrova
26 Jul 2017
Re: Simigon could surprise 11th April 2017, finnCap CORP had a 45p target price, so looking forward to seeing that in the bid box!.m
gretel
26 Jul 2017
Re: Simigon could surprise If the market latches on to the expansion into e-learning and SIM announce one or two successes in this area then we could well be on a big winner, particularly given that
1) the £6m cash pile comprises 60% of the £10m m/cap(2) the company is already very profitable(3) it has high recurring incomeTheir ambitions are certainly big:"Although across the military, simulation learning has been established and widely adopted for some years, there has been less in the way of offerings to specific commercial markets such as driving aids, support for operating or working with machinery like cranes, oil and gas related, or even for those working in the extensive health sector, not to mention that vast civil aviation sector."
coldascheese
25 Jul 2017
Simigon could surprise A good read from CEO[link]
