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SciSys – A Boring Buy at 54p with a 84p target price (plus dividend)

Tom Winnifrith
Monday 30 July 2012

AIM listed SciSys (SSY) served up a pretty decent trading statement last week but I am told by the current management that this stock is too boring to be recommended in my normal outlet for share tips and so I bring this one to you on the house. You see, what young folks forget is that boring is good. Massive asset backing, strong cash conversion, solid organic growth, dividends are a lot better than stacks of goodwill, oodles of jam tomorrow, a reliance on acquisitions, etc. If you want that sort of stuff buy Facebook and regret it. On the other hand if you want to make money with a “boring” tip buy shares in SciSycs at 54p. My one year target is 84p ( plus another 1.3p in dividends). I can live with that sort of “boring” return. Can’t you?

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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