tipped recently, no movement, i am none the wiser

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

Greetings all SIP holders.
Good to hear from you.
I'm still still in there....... with my shed load.
Keep posting, to encourage each other.
More views welcome.
Regards.

Why all the panic?? Surely if they raise funds to start corporate activity etc. it means they are back from the brink and starting to move ahead? Any comments SIP holders?

if u believe that this co will turn around (i do) then u will have to hold on for at least 6 months, and then reap the benefits. it may crash and burn, but, if they turn it around, then there will be major upside over the next 12 months.

testing times

Stay lucky

Hello all Scipher Share holders

AS I HAVE A LARGE SHAREHOLDING IN Scipher I wrote a letter to the CEO asking him about the future of the company the dismal share price and the chances of a recovery.

This was his reply

Please rest assured that I am working diligently to enhance share holders interest in Scipher. Extensive corporate restructuring of the type that has been required by Scipher is always painful process.

Rudolph E Burger 24th June 2004

Judging by the recently falls again in the share price I think that Scipher will be sold. The question is what is the company worth?

This company has been a huge disappointment

It's certainly painful for us!! If they have turned the corner maybe they need the fundraising to pay for acquisitions, there should be an update due soon. Hang in there!! MP

Dear Mp

Thank for the encouragement,

Any idea when Scipher will post their latest accounts, they are certainly overdue.

If you would like to contact Scipher and try and find out what is happening with the share price, you could give them a ring.

Just look on there website.

Personally, I think this lot are a bunch of fuc ... idiots

Any views Scipher holders.

moving up after another disposal. anybody got any further thoughts and does anyone know the company debt?

This is encouraging news, I hope the results should be announced soon and show the company is slowly working off it's debt mountain. I don't know the exact amount but this new CEO is known for pulling companies back from the brink!!
He has put in his own money buying a large block of shares soon after he was appointed and willalso be rewarded with generous share options if he succeeds--he has said it is like turning an oil tanker but I think it is good that the banks are continuing to support him when everyone else thought SIP was dead and buried
Anybody with strong nerves and patience I think will be rewarded, I have bought and will continue to add if the news stays positive, but definitely a very long term hold!! As ever this is only my opinion-D Y O R !