Is there anybody who could shed a light on SIP. This is a well establish company trading at peanuts. Results supposed to be out in June but have been delayed till unspecified period. If it comes out from current restructuring than returns could be huge.

Following extract is from the last RNS on 28th Sep 2004, which sounds a bit hopeful. Has anyone tried to contact the company or receivers..?

'The directors will work closely with the receivers to explore the possibility
of returning the Company to a more secure footing. To this end discussions are
already in progress which could lead to the sale of another subsidiary,
Wavelength Solutions LTD and the process for the sale of TSSI continues.'

tried to phone the company directly more than a few times no answer?.

That's not very hopeful then! Hope the last one out turned the lights off!

contacted their broker througn website evolution bg waiting for email response?.

Good luck--thanks for trying!

think all sip shreholders will have to except this- can't see any way back- I do believe lack of info from this company is a f.**..g joke.

Does anyone have anymore news on Scipher? Is it officially no more?

GRRR! It seems so--money down the drain. Has been removed from share pages but no more info given out. Pick yourself up etc...:}

pthwaite - I'd forgotten all about this old dog, so thought I'd have a quick sniff around.

1) The last RNS was from 28 Sep last year to confirm that the company had gone into administration.

2) I checked my broker and found that my holding of SIP is still listed in my portfolio but has no price assigned to it. Consider this: other great buys that I have had such as Mayflower have had their entries removed from my portfolio. So I don't know if that means anything.

I'm sure they are dead and buried, but you never know. We live in hope of some return. Good luck. :>)