Synchronica has dipped down a good 10% over the past few weeks, I made a play on this previously and netted a nice few £ out of it. Well it's at a nice entry price again so I am going to buy back in.
I think this company is brilliant. Their mission statement is to effectively get push email onto any phone in the world. They also offer mobile backup solutions for network operators. With the trend as I see it moving from high end, high spec phones (saturated 1st world markets) to massively growing 2nd and even 3rd world markets, the ability to cheaply communicate via mobile will become that more important. Sync have signed a number of deals recently and are due to hit profitability later this year - at this point this stock will fly but right now I am just looking for a positive trading statement to see this above the 4p mark. I'm in at 3.35p and happy with that!
Telit today has flown - no RNS or other so there must be some news coming this way or i have msised a trick. Either way I am happy as this stock has slowly slipped since I bought it so to be up 20% on the day is fantastic. This is still a great buy and hold if you ask me!
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