tipped recently, no movement, i am none the wiser

Have had this company on my watch list for a while now, and with today's good news, I have finally jumped in, Here is the announcement everyone has been waiting for, or at least one of them anyway


FOR IMMEDIATE RELEASE

29 March 2004

Scipher plc ('Scipher' or 'the Company')

Contract Wins and Year End Update

Contract Wins

Scipher is pleased to announce today that its Secure Identification business,
TSSI, has been awarded two contract wins with the National Health Service (NHS)
totalling 2.5m.

The first contract covers a three-year extension to TSSI's NHS smart card
systems programme that was originally set up to cover doctors in training. The
system is now being expanded to cover a wider group of cardholders including
all other hospital doctors and students within medical schools. The contract is
valued at 1.5m over three years.

The second is a maintenance contract for a three-year period that covers the
existing system installations and the central database management. Over 1000
installations are now in place under the original contract. The value of this
contract is 1.0m over three years.

The smart card system now interfaces with the General Medical Council
registrations system ensuring all doctors' registrations are accurately
recorded. To date, the project, designed and implemented by TSSI, has
successfully been rolled out to over 200 NHS Trusts throughout England. It is
the only NHS-wide system in place that manages doctors' occupational health and
personnel information hosted on a single national file server. The system
allows NHS Human Resource departments to easily record and confirm the
pre-employment checks essential to providing a safe service to patients.

Year End Update

On 5 February 2004, Dr Rudy Burger, CEO of Scipher, announced the outcome of
the strategic review that set out a plan to drive the Company to profitability.

The Company is executing on all aspects of its plan and is ahead of schedule in
a number of areas including its disposals programme.

In particular, solid progress has been achieved on a number of fronts that
include:

* Reductions in cash burn have enabled the Company to continue operating
within its banking facilities

* New senior appointments within Scipher, including Danny Chapchal as Deputy
Chairman and Duncan Penrose as Interim Corporate Finance Director

* New management within TSSI has delivered a notable turnaround in business
performance

* Assuming that the planned restructuring is completed then, in aggregate,
the three core businesses (TSSI, Wavelength and CRL Opto) are expected to
be profitable in the coming year.

As previously stated, the Company has a requirement to raise funds in order to
complete its restructuring and fund growth in its core businesses. Options that
are available to the Company are being pursued.

The Company expects revenues for the year ending 31 March 2004 to be of the
order of 15.0 million and the group operating loss to be less than in the year
ended 31 March 2003.

Dr Rudy Burger, CEO, said: 'We are well on the way towards achieving the
turnaround of Scipher's business. There are milestones yet to be achieved,
however I am confident that the progress made this quarter will allow us to
achieve our goals.'

finally positive news, hopefully share price will respond.

Greetings to all SIP holders, and welcome aboard Tokyo.
You will see from previous messages that I have been in this share since the results pre Xmas.
Bought in at 3.5p, watched it go to over 6p in the new year......
only to see it drift back (very painful)
However, this is a nice bit of good news and I see it climbing back over
recent highs and feel that the recovery will be more sustained this time.
Regards

Good news all fellow holders who have kept optimistic and given the new management a chance! I am hoping to retire on this one and I am waiting for more good news in the results. As my friend Richardo was not happy on all the bad announcements I hope he has also kept holding. A sustained recovery in sight!

Greetings to all SIP holders jejeje Tokyo welcome home.
my friend moneyplus , I will speak tomorrow.
regards Richard

Hey Richard, probably should have got in a couple of days sooner,but bought in at 3.75, I'm happy enough with that, look forward to your postings

Good luck to all holders

big vols yesterday at over 13 millions and high again this morning



(AFX UK Focus) 2004-03-29 10:54 GMT:
Scipher sees reduced FY opg loss, sales around 15 mln stg - UPDATE

LONDON (AFX) - Scipher PLC said it expects its operating losses for the year to March 2004 to be lower than those reported last year. It also forecast that revenues for the year will be around 15 mln stg.

Chief executive Rudy Burger said: "We are well on the way towards achieving the turnaround of Scipher's business. There are milestones yet to be achieved, however I am confident that the progress made this quarter will allow us to achieve our goals."

Scipher said it continues to look at options regarding the fundraising needed to complete its restructuring and fund growth in its core businesses.

The company also announced that its secure identification business, TSSI, has been awarded two contract wins with the National Health Service (NHS) totalling 2.5 mln stg.

The first contract, worth 1.5 mln stg, covers a three-year extension to TSSI's NHS smart card systems programme that was originally set up to cover doctors in training. The system is now being expanded to cover a wider group of cardholders including all other hospital doctors and students within medical schools.

The second deal, worth 1 mln stg, is a maintenance contract for a three-year period that covers the existing system installations and the central database management.

Scipher said it is ahead of schedule on its plan to drive the company to profitability, including its disposals programme. It said new management within TSSI has delivered a notable turnaround in business performance.

Assuming that the planned restructuring is completed, the three core businesses -- TSSI, Wavelength and CRL Opto -- are expected to be profitable in the coming year.

newsdesk@afxnews.com

I am expecting some profit taking later today or tomorrow, but I am holding long term.

with such a sudden and big turnaround - there will be traders both buying and selling

hello tokyo, moneyplus ,charmed one.and all sicpher share holders
Mr Burger is buying something for the company wish is good,
will be nice if we can reach 25p-40p before november. amarica and uk market are doing well.but the market is very weak and is shaking like a leaf.but I still think that ftse could reach the 600 and amercia market could go up, if Mr osama bin forget them untill november or forever. I have many things to say but you know that my engish is no good enough.
tokyo I will wait untill moneyplus 1 share price appear jijiji
so all the best for all of you
Richard

CAS Scipher : Buys MicroVue assets
01-Apr-2004 07:34

Scipher said today that its Displays
business, CRL Opto Limited, has
acquired the microdisplay production
assets of MicroVue Limited in
liquidation.
The assets will enable CRL Opto to
manufacture its own F-LCOS
microdisplays. CRL Opto will increase
its focus on providing full colour
high-resolution microdisplays directly
to customers in rapidly growing volume
markets in addition to providing
board-level products to existing
customers in its specialist markets.

ICV Edited News from Dow Jones
0634 GMT Apr 01 2004

CAS Scipher : Sells FRI unit to management
02-Apr-2004 07:32
Scipher today announces that it has
sold the majority interest of its
US-based intellectual property
consulting business FRI to its
management.
Consideration for the Disposal was
$50,000 with an
earnout of up to $1.1 million based on
FRI's net operating cashflow over three
years.
FRI was part of Scipher's QED patent
licensing business, which was
identified in the Company's strategic
review announcement on 5 February 2004
as a non-core business for disposal.
Scipher retains a 20% interest in FRI
and has no ongoing responsibility to
fund the business.
As at 29 February 2004, FRI's profit
for the year was
$452,000, including a licence fee of
$935,000 which is not expected to be
repeated. It had a negative asset value
without support provided by Scipher.
The FRI management to whom the majority
interest was transferred include two of
its directors.
The directors of Scipher, in
consultation with the Company's
Nominated Adviser, Evolution Beeson
Gregory, are satisfied that the
Disposal is fair and reasonable insofar
as Scipher's shareholders are
concerned.

ICV Edited News from Dow Jones
0632 GMT Apr 02 2004

I am a celebrity get me out of here jijijij.
when are we going to leave this company????
Im geting old here!!!!
It have been such a nice 5 month with them.jijijiji
it is like stockmarket holidays
hello every one.
have look the company British energy code(Bgy).
Regards RICHARD

hello!this is looking very bad

Well hello again---I thought you'd given up on this one you've been so quiet !!
If I had some spare dosh I'd buy a few more now as we must be due some news or a trading update by now. The price has slipped along with the rest of the market out of sheer boredom. don't worry --be happy! MP

blue and blue ,is what we need.
hello moneyplus how you??

Still cheerful despite all my shares slipping back--I'll never get that caribbean holiday with this lot!! have a good weekend all.

Hello every one, moneyplus do you have any good news from sic??
I wanted to sell a month a go but I didn't do it ,I still thinking that they can make it, and go up.
have a good week.
RICHARD

News of another part sold off, to help with the streamlining of the company. 3 good sections left and no more draining of cash! this lifted the price a bit last week but nothing can stay up in this red market!! there is light at the end of the tunnel and some quite large buys going through last week---am I the only fan or fool who is sticking with it???

Hi Ricardo and SIP holders, I've screwed up my courage and bought again today!
I might be mad but I feel there must be some positive news due soon---fingers crossed !! I think there was a buy after market closed of 1.750 000 so maybe I'm right. can't afford a buy of that size though. regards MP