This little company took a hammering . . .



But right now, after the market reaction to the latest interim results, the co is trading with a mkt cap of only 7 million, just above its NAV of 5.5 mil. This figure includes over 4.9 mil of cash and over 0.5 mil of debtors.

The company, an "international developer and provider of mobile device management and synchronisation solutions" has signed a number of contracts in recent months:



o Significant customer and partner sales contracts signed, e.g. IXI Inc,
Netcom, Red Bend, Orange UK, T-Mobile.


I'm posting this for your information and eventual comment - not a recommendation without further research being done, but one I've been watching for several months just out of interest. Any comments?

Very droll, Soul. I'm in here, but only recently 'cos I too thought they couldn't go down much further.. A bit hesitantly, I have to say, but the idea seemed a good one and I was lightweight in this area. The mkt reaction to the results news today has, given the t-mobile contract announcement, been surprisingly severe. Can only be alot of folk abandoning the ship when they found out that the hole in the hull was going to take longer to plug before the pumps can do their job! Disappointing that the company failed to reveal the lost contract partner and figures are a bit thin on the ground generally, which hasn't helped. But there are already rumours of director buying so a modest recovery could well be on the cards.
rgds

interesting stuff, Dave - see, I knew there'd be people out there with more of a clue than I've got. Mobile communications are not my speciality, but I've been eyeing this one for a resurrection for some time.

The following RNS was releasde at the beginning of June. I wonder if "The Business" feels so strongly about SYNC now.

Stock News - RNS
UK smallcap opening -
Synchronica gains from Business 'buy' recommendation

LONDON (AFX) - A 'buy' recommendation in The Business boosted Synchronica 2-3/4 pence to 28-3/4. With around 5.6 mln stg in the bank, some cracking products and a company coming in ahead of its house broker's projections, the shares are ripe for the picking, the newspaper told readers. newsdesk@afxnews.com fjb/vjt

It strikes me that there will be another fundraising on the cards at some point as it may take quite a leap in revenues for the co to break even. If they can't manage this within 12 months then at the current rate of cash burn they'll be looking at an empty bank account by the middle of 2007.

Down another 0.5p today - 97% loss over the last year-and-a-bit!

The recently announced contract wins give no real indication of potential revenues, so it's right to be cautious about the future.

I'm thinking of starting a dog stock portfolio with SYNC and SEO as the star holdings. :o))

Maybe I should have bought SYNC rather than joking about it!

It has now almost doubled since I began this thread:

SYNC Bid: 24p Offer: 25p Change: 0.25 Mkt Cap 9 mil approx.



Synchronica PLC - Trading Statement
RNS Number:7145P
Synchronica PLC
18 January 2007


18th January 2007

Synchronica plc
('Synchronica' or the 'Company)

Update re. Contract, Cost Reduction Underway


Tunbridge Wells, UK - 18th January 2007 - Further to its announcement of 4th
December, Synchronica, an international provider of mobile device management and
synchronisation solutions based on open standards, is pleased to update the
market as follows.


The Company:

1. Has signed a non-binding Memorandum of Understanding ('MOU') with a major
international hardware manufacturer to provide Synchronica's SyncML Gateway
under an OEM licence. The scope of this potential contract has recently been
increased by the customer which, while to Synchronica's longer term
advantage, will in the short term delay signing of the contract. Both
parties are now targeting completing the contract in quarter one 2007. The
contract, when concluded, is expected to provide almost immediate revenues
for Synchronica. The terms of the MOU must, at this time, remain
confidential; however the Directors believe them to be advantageous to
Synchronica.

2. Has begun focusing its development on one software platform, Java, with more
of the Company's resources being directed towards Synchronica's award
winning SyncML Gateway where there has been the highest level of customer
acceptance and where there is the largest addressable market.

3. Intends to re-implement Synchronica Mobile Manager using the Java
programming language on Synchronica's SyncML DM Server during 2007, which
will allow Synchronica to support the Unix Operating System and address the
entire Smartphone market as well as mass market Feature Phones.

4. Is continuing discussions with a number of interested parties to provide,
for a substantial fee, an exclusive licence for the existing Windows based
Synchronica Mobile Manager source-code.

5. Has, following consultation, released 38 members of staff, from a total of
86, and closed one of its three offices. These measures are expected to lead
to costs saving of 1.1m per annum with a one-off restructuring cost of
300k in 2006.

6. Will, subject to audit, report revenues of 1.2m for the financial year
ended 31 December 2006, when it announces full year results in April.


Given contracts already entered, such as the software licence to iXi Mobile
announced 31 May last year, and the expected translation of the MOU noted above
into a substantial contract by the end of Q1 2007; the directors believe
Synchronica will benefit from a growing, predictable and recurring revenue
stream.


Contacts at Synchronica:
Carsten Brinkschulte, CEO +44 (0) 1892 552 799, Mobile +44 (0) 7977 256 406
Angus Dent, CFO, +44 (0) 1892 552 760, Mobile +44 (0) 7977 256 347

Certainly looking increasingly promising now, Soul. I've broken even and the directors seem to have things securely on the right track. If the 'big deal' is concluded, then a powerful recovery could well be on the cards. And remember where they came down from!

high volume today, all buys, could be good

Anybody still watching here?

Very encouraging article on proactive investors site 3 days ago..

http://www.giraffemail.biz/lt/t_go.php?i=505&e=NTU0MDE3&l=-http--www.proactiveinvestors.co.uk/articles/art.php--Q-SYNC2

diydave

I am now

Nice price action and look at the director buying straight after the update. If there is a time to ever buy this stock it appears to be now

Confi, DIY, thanks for these updates. I haven't looked at SYNC for ages, so thanks for bringing it back to my attention. I need to DMOR a bit more, but this looks like a change in fortunes. Even so, it has been a rough ride since the Sun deal was announced. Could still be quite risky...

PDYOR, etc.

The thing that bothers me most is the claim by the CEO that this technology is going to "make mobile phones the primary method of accessing the internet".

I have tried using the internet on my mobile(s) and have come to the conclusion that it is too fiddly, time-consuming and, above all, expensive to be worth the effort.

Is there going to be sufficient take-up of the product? It seems it is going to be packaged with mobile phones in such a way that you get it whether you want it or not (rather like the fact that almost all mobiles these days have built-in cameras). However, SYNC's product is clearly intended to be a Blackberry-killer, aimed at the people who use this kind of stuff. And at $2.40 per user, per annum, there are potentially a lot of dollars involved.

Just playing devil's advocate/thinking out loud. Opinions welcomed....

i think its about push-mail

i.e like blackberry's the mail will go striaght to your index box u don't have to look for it. Blackberry and I think Nokia have the tech for this but keep it in-house. Presumaby SYNC will not. The directors seem to like it although i almost followed the FD in at 42p!! a few years back

plenty more shares around now. Presumably waiting for some sun deals

i like it when directors b uy immediately after an announcement. They either think the mkt does not understand the significance of the statement. Or there is more going on and have only small window to buy before some more news. That's the theory, let's see if it works in practice

Well, the directors have to get in at some point!

Good explanation of how it works. In addition to the Sun deal they have a nice little earner in Africa. At the moment it's not big money, but will help with the housekeeping and could offer good proof of concept to other customers.

And are results not due shortly? That could be interesting....

Nice, very nice deal. Begin to look tasty

Tasty indeed, Confidant!

Synchronica PLC - Synch signs global deal
RNS Number:3794N
Synchronica PLC
06 February 2008


6 February 2008
Synchronica plc
('Synchronica' or 'the Company')

Synchronica signs global distribution deal with Brightstar for Mobile Gateway

Agreement with global mobile solutions leader enables Synchronica to reach over
50 countries across six continents

Synchronica plc, the mobile email and synchronisation company, is pleased to
announce a worldwide agreement with Brightstar Corp, a global leader in
distribution and supply chain solutions for the mobile industry, for the
distribution of its award-winning mobile push email and synchronization
technology, Mobile Gateway.

As part of the agreement, the two companies will create a dedicated sales and
marketing team that will draw on Brightstar's vast customer base to promote
Mobile Gateway in over 50 countries across six continents. Initial marketing
undertaken by the teams has generated positive responses from potential
customers. Over 15 opportunities with mobile operators are now in active
discussion and / or under trial. The Company has hired a dedicated sales
representative in Miami, where Brightstar is headquartered, to handle this
alliance and ensure its success.

Brightstar, with estimated annual gross revenues of $4.8 billion in 2007, serves
many of the world's leading mobile network operators. In addition, Brightstar
has a strong presence in the fast growing emerging markets in Asia Pacific,
Africa, India and throughout Latin America. The company also serves customers
throughout North America, Europe and Australia. Brightstar delivered one of
every 20 mobile devices in the world in 2007.

Commenting on the agreement, Synchronica CEO Carsten Brinkschulte said: 'We are
very excited to team with Brightstar. This is an outstanding validation of
Mobile Gateway which provides an easy-to-use and affordable way for accessing
email on mass-market mobile phones. Brightstar's marketing flair, as well as its
far-reaching and established supply chain extends our global reach, in
particular in the booming emerging markets of Latin America and Asia, where we
see a tremendous opportunity for growth.'

Brightstar vice president of data centric and enterprise Michael Tate, said: 'We
are delighted to partner with Synchronica, as Mobile Gateway is an outstanding
product. As a global leader we seek value added solutions for the global
wireless market and Mobile Gateway is best in class. We see a huge opportunity
for push email and synchronisation solutions and Mobile Gateway is sure to
generate tremendous interest across the world.'

One question I have: is there any competition & if so, who?
Quite difficult to research this as it is a bit of a niche market.

"Brightstar delivered one of every 20 mobile devices in the world in 2007."

That is one huge market.

Time for a recap, I think. Current deals add up to:

1.) Middle East and Africa: "licence fee of US$ 400,000 for
200,000 user licences for Synchronica Mobile Gateway 3.0, which offers
subscribers push e-mail and contacts, calendar, task and notes synchronisation,
as well as 100,000 licences for Synchronica Mobile Manager Backup & Restore
product, which provides back-up and restore capability. Synchronica will also
receive US$ 100,000 for professional services, customisation and implementation."

This is the small-beer contract, but obviously it has the potential to grow. The deal currently offers SYNC access to some 32 million users.

2.) "acceptance from Sun Microsystems Inc, the leading global supplier of network computing solutions, servers, storage, software and services, for the software components of its Mobile Gateway product agreed in the contract signed in August.

Synchronica delivered the software components to Sun on schedule in November
2007. Having accepted the software, Sun will pay, in three equal instalments in
February, July and October 2008, an initial licence fee of US $1.8m for the
first major version of the software and where applicable further licence fees on
a per user per annum basis." The Sun deal offers SYNC access to a pool of some 240 million mailbox users.

3.) This week's deal: "Brightstar Corp, a global leader in distribution and supply chain solutions for the mobile industry, for the distribution of its award-winning mobile push email and synchronization technology, Mobile Gateway.... Brightstar, with estimated annual gross revenues of $4.8 billion in 2007, serves
many of the world's leading mobile network operators. In addition, Brightstar
has a strong presence in the fast growing emerging markets in Asia Pacific,
Africa, India and throughout Latin America. The company also serves customers
throughout North America, Europe and Australia. Brightstar delivered one of
every 20 mobile devices in the world in 2007." That is obviously another huge pool of users.

The signs are encouraging...

DYOR, etc!

Hi Harry! Sorry, I didn't see you there initially!

There must be other companies offering rival products, but Brightstar claims that Mobile Gateway is best in class. And I'd expect SYNC to have to share the market with at least one or two competitors as that's in the nature of things.

I'm afraid those are all the pearls of wisdom I have to offer. Am tempted to have a punt, though, but will have to think about how to raise the readies...

Quite difficult to evaluate this as, if I understand correctly, this technology is not really targeted at Europe or the U.S. as most of us have P.C.s or laptops which we use to access our e-mail. This is really for mobile phones where the user does not have access to conventional e-mail.
It's amazing to think that Microsoft or Sun haven't developed this themselves.
Thanks for the above summary, soult. Have put it on my watch list.

Harry, I think that Mobile Gateway is actually conceived as a Blackberry-killer. Businesspeople on the go will use it to read their email (using Push technology - Confidant talked about this on the previous page) and synchronise their calender between their PC and their mobile device. It's not just targeted at the Third World - see the articles previously posted or check the company's own website for full stories regarding the marketing in Europe and America.

Yes, I have read it:
" Support for all phones: Even very basic phones can receive email - via
an SMS notification showing header and body text in a text message;
Mobile signup: Users can register from their handset via WAP, removing
the need to sign up via a PC in countries where PC penetration is low;
New business backends: Support for Microsoft Exchange 2007 and Sun
Communications Suite 5.0;
Easy billing integration: New billing API for integration with billing
systems (post- and pre-paid)."
But, in Europe, the mass mobile phone market is not the business user, but the teen/twenties user who bangs out texts & voice at a phenominal rate.
However, I suppose it deosn't really matter though, 'cos if the OEM's/Operators are going to install the software as standard, SYNC will get the royalties anyway.

Harry, I wonder whether SYNC actually gets the royalites per user who registers to use the service - that is to say, the software will be installed on the hardware as standard, but SYNC gets paid when the user registers (paying a subscription, presumably, or getting it as part of a package), effectively unlocking the software at that point.

Don't take my word for it either way - I might drop SYNC a line next week and try to clear this up.

Have just read on CNN that RIM (Research In Motion) has 12 million users in the U.S. (they had a mention because of an outage of their e-mail service for a couple of hours). This seems a very small number which is why, imo, SYNC are looking to expand the service to developing nations.

hi guys

probably for all phones -- high end to start with I guess. iphone doesn't have push mail and apple does not have the technology. Nokia I think bought it somewhere but does not really publicise it. Sync presumably then is effectively open source -- it does not matter what phone you have you can put Sync's software onto it. That's how I read it -- from hattycat's note 3 above

Presumably then plenty of iphone owners to sign up via internet?
No idea of details of royalties etc but will have to find out

More director buying

see comment on company website re latest iphone move.

Now not sure which way this will fall for this co. Obviulsy Sync has been big beneficiary of no access via iphone to Microsoft Exchange. -- hence the trading update was v good -- as we had guessed earlier.

So presumably that means sales wiill disappear. However the iphone allowing software developers in for its phone may mean SYNC access to iphone via the front door ?

Still more meaningful is recent brightstar link up. The fact that iphone mentioned that it wants software developers to develop stuff for its phone means SYNC is currently filling that gap

For lower profile phone makers therefore may be very benficial just to sign up with SYNC immediately

Given these developments and questions like
1. If Sync was that good why did not Apple just buy it
2. Will those Apple subscribers to SYNC keep subscribing or go to the new lesser Apple offering
3. What is the timing we can expect for first contracts??
4, What was the reasoning behind recent institutional interest in share placing?

So too many questions for me to get further involved at moment but wait and see. Had been hoping SYNc would sign a deal with Apple but just dreamong as usual

looks to have done a big deal today, finally dipped a toe in today after having it on my radar a long time.

a few stale bulls will be leaving but it looks like it has turned a corner now.

Synchronica buys Axis Mobile, raises new funding ,placing at 3p

Sync are presenting in London next week.

For FREE registration, click HERE


Proactive Investors One2One Forums
The directors of Synchronica plc (AIM: SYNC), Plant Impact (AIM: PIM) and Medicsight (AIM: MDST) will be presenting:

Thursday the 15th January 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB.


The presentations will start @6:00pm and finish at 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canape and wine reception. Details on the presenting companies can be found below.

Plant Impact (AIM:PIM)
Plant Impact specialises in plant stress relief. Plant Impact provide a dynamic and uncompromising new approach to crop nutrition and crop health, giving growers significantly increased marketable yields, more consistent quality with reduced environmental impact, leading to the ethically grown food demanded by consumers and the food chain.

Just been reading about/researching this co & bought a load @ 2.8p about 3 weeks ago. On the surface it looks too good to be true but when the money starts to roll in & is reflected in the results over the coming year, i think this share will have to be re-rated & could go to anything from 10 to 50p!, when you are in you tend think the best. Any other comments or info would be appreciated. Just a small point, when i bought mine they went through as a sell! (just under the mid price) are the mm`s trying to indicate something? or is it just a case of to many shares in the pot & they want to get rid of them?

Proactive Investors One2One Forums

The directors of Netplay TV Plc (AIM: NPT), Synchronica plc (AIM: SYNC) and Alliance Pharma plc (AIM: APH) will be presenting:

Wednesday the 22nd July 2009

Venue : Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.


Register Here : http://www.proactiveinvestors.co.uk/eventregistration.php


These are really good events set in a wonderful location, and are an excellent chance to meet the CEo's of these companies and have an informal chat over free wine and canapafter the formal presentations are complete.

The evenings have a good balance of city professionals, and private investors.

If you have any problems registering or queries please email : action@proactiveinvestors.com


Nearest tube stations are Green Park (5 minutes walk) and Bond Street (7 mins)

New article, click HERE