Skip to content
City Confidential
 
Sorting the Bulls from the Bears - Tips & Insight into the UK Stock Markets
  • Home
  • Markets
    • Main Market
    • AIM Market
  • Penny Share Picks
  • The Trader
  • Newsletter
  • Companies
    • A-B
      • Abingdon Health [ABDX]
      • Angle [AGL]
      • Alumasc [ALU]
      • Aston Martin Lagonda [AML]
      • Anpario [ANP]
      • Alliance Pharma [APH]
      • Avacta [AVCT]
      • Brave Bison [BBSN]
      • Barratt [BDEV]
      • Bloomsbury Publishing [BMY]
      • Audioboom [BOOM]
      • British Petroleum [BP]
    • C-D
      • Carclo [CAR]
      • Carr’s Group [CARR]
      • Capita [CPI]
      • Coral Products [CRU]
      • Duke Royalty [DUKE]
    • E-F
      • Everyman Media [EMAN]
      • Essentra [ESNT]
      • Funding Circle Holdings [FCH]
      • Finsbury Food Group [FIF]
      • Flowtech Fluidpower [FLO]
      • Filtronic [FTC]
    • G-H
      • Getbusy [GETB]
      • Glaxosmithkline [GSK]
      • Halfords Group [HFD]
      • Hargreaves Services [HSP]
      • HSS Hire Group [HSS]
    • I-J
      • Investec [INVP]
      • International Personal Finance [IPF]
      • ITV [ITV]
      • Jet2 [JET2]
      • Journeo [JNEO]
      • Johnson Service Group [JSG]
    • K-L
      • Kier Group [KIE]
      • Logistics Development [LDG]
      • Lloyds Banking [LLOY]
      • LPA Group [LPA]
    • M-N
      • Marston’s Group [MARS]
      • Michelmersh Brick Holdings [MBH]
      • Manx Financial Group [MFX]
      • Meggitt [MGGT]
      • Marks & Spencer Group [MKS]
      • Minds + Machines Group [MMX]
      • Melrose Industries [MRO]
      • MS International [MSI]
      • Mitie Group [MTO]
      • Northern Bear [NTBR]
      • NFW Group [NWF]
    • O-P
      • Omega Diagnostics Group [ODX]
      • Palace Capital [PCA]
      • Pets at Home Group [PETS]
      • Premier Foods [PFD]
      • Brighton Pier Group [PIER]
      • Premier Miton Group [PMI]
      • Portmeirion [PMP]
      • Pressure Technologies [PRES]
    • Q-R
      • Robinson [RBN]
      • RIT Capital Partners [RCP]
      • Rio Tinto [RIO]
      • Rank Group [RNK]
      • Renold [RNO]
    • S-T
      • Sansbury [SBRY]
      • Speedy Hire [SDY]
      • WH Smith [SMWH]
      • Senior [SNR]
      • Synectics [SNX]
      • Serco Group [SRP]
      • Staffline Group [STAF]
      • STM Group [STM]
      • Sutton Harbour Group [SUH]
      • Surgical Innovations [SUN]
      • Synthomer [SYNT]
      • Tandem Group [TND]
      • Titon Holdings [TON]
      • Town Centre Securities [TOWN]
      • Tristel [TSTL]
      • TT Electronics [TTG]
    • U-V
      • Unilever [ULVR]
      • UP Global [UPGS]
      • Virgin Wines UK [VINO]
      • Vianet Group [VNET]
      • Vodafone Group [VOD]
      • The Vitec Group [VTC]
      • Vitec [VTEC]
      • Vertu Motors [VTU]
    • W-Z
      • Xeros Technologies Group [XSG]
      • Zoo Digital Group [ZOO]
      • Zytronic [ZYT]
  • Portfolios
    • Trader Portfolio 2
  • Insight & Ideas
  • TRY
  • More
      • Lost Password?
    • Search
    • Follow us:
    • Twitter
    • Email
    • More
    • Menu
    City Confidential
     
    Sorting the Bulls from the Bears - Tips & Insight into the UK Stock Markets
    • Search
    AIM Market Free TipFree Featured Company

    Free share tips: Surgical Innovations (SUN) – 2.7p

    by Monty Allen8 September 20218 September 2021
    • Share
    • Tweet
    • Pin it
    • Share
    • Email
    • More

    Free share tips posted weekly! This week’s free AIM share tip is Surgical Innovations (SUN).

    The AIM-quoted medical products group is due to announce its interim results for the six months to 30 June next Wednesday, 15 September, and we believe this could prove to be the catalyst for a jump in the share price. Subscribers will be aware that we tipped the shares as one of our Shares for 2021 back in January when the share price was 2.15p and the share price has been as high as 3.55p since then. That was soon after the results for 2020 were announced but the lack of any really significant news since then has caused the price to drift lower. We are hopeful that a solid set of interim numbers together with an encouraging trading statement could reverse this decline and spark some interest in the stock.

    The company specialises in the design, manufacture and sale of innovative, high-quality medical products and these are mainly used in minimally invasive (keyhole) surgery. The medical instruments are sold not only in the UK, through its Elemental Healthcare subsidiary, but also overseas through a number of distribution partners. In addition to selling the group’s products, Elemental also distributes complimentary products from other suppliers.

    Related

    • cityconfidential Newsletter April 2025

    In the latest financial year to 31 December 2020, revenues fell by 41% compared with the previous year to £6.3m s the company suffered from the effect of the pandemic. This clearly affected the number of surgical procedures that were undertaken by surgeons and so demand for the group’s products fell sharply. After hitting a low point in May 2020, the second half of last year saw an improvement in trading and this has continued in the early months of 2021. There is clearly pent-up demand for surgery and, as the country continues to open up, it is clear that demand for the group’s products will continue to increase. At the group’s AGM in June, it was reported that sales in May 2021 were the highest since September 2019.

    Clearly, buying the shares ahead of next week’s results is a bit of a gamble, but the group has been steadily growing its distribution network in the USA. It also continues to introduce new products and it has a strong balance sheet with £2.41m of net cash at 31 May 2021. The company has also announced that it is to give a live presentation to investors on Thursday 16 September at 4.30pm on the Investor Meet Company platform and subscribers can register to attend this by using the link below.

    https://www.investormeetcompany.com/surgical-innovations-group-plc/register-investor

    We believe that the shares are a BUY.

    Read more of our free AIM share tips here.

    Tagged: aim share tips BUY penny share SUN uk share tips

    Related Stories

    • cityconfidential Newsletter April 2025

      17 April 202517 April 2025
    • cityconfidential Newsletter March 2025

      20 March 2025
    • cityconfidential Newsletter February 2025

      20 February 202520 February 2025
    • cityconfidential Newsletter January 2025

      16 January 2025
    • cityconfidential Newsletter December 2024

      12 December 202412 December 2024
    • cityconfidential Newsletter November 2024

      14 November 2024
    • cityconfidential Newsletter October 2024

      17 October 202417 October 2024
    • Surgical Innovations – 0.7p

      30 September 2024

    Post navigation

    Previous Story Clinigen – 625p
    Next Story DX Group – 33p

    News

    • Main Market
    • AIM Market
    • Penny Stocks
    • The Trader

    About

    • Contact
    • T&Cs
    • Privacy
    • Wealth Warning

    Membership

    • Subscribe
    • Your Account

     

    01943 600 644  |  info@cityconfidential.co.uk
    1 Skipton Road, Ilkley, West Yorkshire, LS29 9EH

    Please note, live feed data is subject to a 15 minute delay.

    BrokerLink | © Independent Financial Publications. All Rights Reserved. | Westbrook Agency
    City Confidential
     
    Sorting the Bulls from the Bears - Tips & Insight into the UK Stock Markets
    • Subscribe
    • Your Membership
    • Home
    • Newsletter
    • Main Market
    • AIM Market
    • Penny Share Picks
    • The Trader
    • Trader Portfolio 2
    • Insight & Ideas
    • Contact
    This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
    Privacy & Cookies Policy

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT