7 May 2013 – contract win
The company has revealed that it has won a three year contract worth £5m with Stagecoach to install and maintain new CCTV solutions across its fleet of vehicles. With Synectics turning over £77m in the year to 30 November, this is not overly significant although clearly good news. The shares have moved up strongly since we recommended them at 285p last November and we believe the share price is now up with events – consider TAKING PROFITS.