I am at a loss both mentally and financially about the goings on here.

The company is involved in health care and all it's peers have risen substantially.

Debt has been cleared, profits are rising and the chairman's statement was incredibly positive. I always thought a star of this kind would rise. Low market value etc etc. Any ideas why I'm apparently wrong?

Revenue is increasing annually and, despite the loss of a major contract, SUN continues a forward momentum. WILL NOT light up the sky like it's namesake in the near future, but shows far more promise than, shall we say, the present Labour Government! Have reduced my holding but will increase on good news, which I am confident of. DYOR

Nar 1, for a minute there I thought you were their CEO, good luck it may be a long wait !!

Cheers .... yeah it always on the cards long termer

Spec buy in moneyweek so put a few bob on this one today, not been in before.
2517

thats two of us...

Well you picked a good day to get in

the spread on this is a joke i.e nearly 25%. No one in there right mind will jump in a crystalise a 25% loss. Only when they start shortening the bid and offer will this roll higher. Still a long term hold

stroreysj---------I bought @ 2.4p and at that time sellers were able to get 2.27p so whilst the headline spread is wide all is not what it seems, I believe with such stocks the spreads tend to be wider anyway. Who said we were 'right' in the head, ha! ha! Good luck all may be a good ride on this one.
2517

i bought at 3.4 and have held for almost a year so unlikely to run for the hills just yet. I really believe in the long term story of this company once the dollar weakens and the new production capacity is brought on line. Anticipating about 7.5 - 9p after next yeras results. Long term hold

Another strong buying day ...no tick up yet anyone got Level 2

1 x 2.75 and 5 x 3.25
No change since the open

These things dont always follow logic . There was a 300,000 purchase at the full offer price of 3.25 but it didn't move the SP. At least momentum seems to be in the right direction so hopefully only a matter of time

BUY !!!!!

This going all the way back up...

Nar1-----Do you know of any reason for the rise today?
2517

Some Big buys been coming in over the past few days and more today.. Maybe this has been tipped or investers realising this is one of the few AIM stock making a profit

29 September 2009

Surgical Innovations Group plc

('SI' or 'the Group')

Interim Results

Surgical Innovations Group plc (AIM: SUN), the designer and manufacturer of innovative surgical devices, today reports its interim results for the six months ended 30 June 2009.




Highlights


Revenue increased by 14% to 1.99 million (2008: 1.74 million)


Operating profit increased by 185% to 234,000 (2008: 82,000)


Pre-tax profit increased by 95% to 215,000 (2008: 110,000)


Basic earnings per share of 0.05p (2008: 0.03p)


Secured a 90,000 government grant for capital investment


Launched the new LogiFlex product for obesity surgery in Europe


Improved trading with OEM partners

Entry into veterinary market


Surgical Innovations(TM) Group plc (AIM: SUN), the designer and manufacturer of
innovative surgical devices, is delighted to announce the success of its first
veterinary laparoscopic procedure, which was carried out by leading veterinary
surgeon Romain Pizzi for the first time on a reindeer at Edinburgh Zoo, using
the Group's specialist instrumentation.

Commenting on the surgery, Graham Bowland Managing Director of Surgical
Innovations Limited, said: "The veterinary market represents a significant
opportunity for SI. It is estimated that approximately one in two UK households
are pet owners. Veterinary surgeons perform an average of 600,000 open abdominal
procedures every year, but it is believed that only 1% of vets currently
practice laparoscopic surgery. We are working closely with the UK's leading vets
and organisations including the Royal Zoological Society of Scotland and Ark
Surgical, the UK's fastest growing veterinary distributor, to educate the
veterinary community of the benefits of laparoscopic surgery. By providing the
right instrumentation we hope to enable UK vets to introduce laparoscopic
techniques as part of their standard operating procedures."

Open abdominal surgery is currently the standard procedure in animals; however
there are a number of negative factors associated with it including more
post-operative pain, a higher risk of post-operative complications and
infections and a long recovery period. The minimally invasive nature of
laparoscopic surgery significantly reduces post-operative pain and the risk of
infection, which means the recovery period is faster and the animal requires
reduced post-operative care. For veterinary surgeons laparoscopic surgery offers
better visualisation of the operated area, allowing them to be more precise and
reach areas that are difficult to see in open surgery such as the liver and the
pelvic canal.

Sky News are going to show the reindeer in their next bulletin, due shortly.

A brief Sky News coverage!