Stock Market Watch

Synthesis Energy Systems – Revenues increased 54% year on year

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Synthesis Energy Systems, Inc. (NASDAQ:SYMX). Last Market Price: 1.6, Change: -0.05, % Change: (-3.08%). Shares trade in the range of 1.58 – 1.63 dollars. It has a market capitalization of 81.34M dollars, making it a Small Cap Stock and has 50.86M outstanding shares. The company has a beta of 1.76, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.32. It operates in Energy sector and belongs to Oil and Gas Operations industry. Percentage shares held by institutional investors is 19%. The company has a 52 week Price range (low – high) of $ 0.90 – 4.50. Average volumes of shares traded daily are 128,358. Volume traded in the last session was at 17,836, 0.14 times the average volume.

  • Company reports Q1
    • EPS of ($0.09)
    • Revenues increased 54% year on year to $2.5 million
  • Company States: Regarding our two projects in China, the ZZ Joint Venture is advancing a combined commercial and technical solution that could create an improved operation for both the ZZ Joint Venture plant and our syngas customer Hai Hua as well as encompass recovering the unpaid capacity fees from Hai Hua. We believe this solution also has the potential to result in the ZZ Joint Venture achieving improved profitability. Lastly, the Yima Joint Venture project continues to progress with the construction of the syngas production portion of the plant which is on track for a mid-2012 start up.

For Q2 (Jun ’11), It had a Net profit margin of -184.97%, an Operating margin of -187.27%. Other Key stats and ratios are : Return on average assets of -17.20%, Return on average equity of -19.09%. The organization has an employee strength of 189

Consensus Recommendation is a Outperform.


Estimate for sales for the Year Ending Jun-11 show a mean of 10.59 million dollars, an estimate high of 12.00 million dollars and an estimate low of 9.18 million dollars.

Estimate for sales for the Year Ending Jun-12 show a mean of 10.25 million dollars, an estimate high of 10.25 million dollars and an estimate low of 10.25 million dollars.

Estimate for EPS for the Year Ending Jun-11 show a mean of -0.30 dollars, an estimate high of -0.25 dollars and an estimate low of -0.35 dollars.

Estimate for EPS for the Year Ending Jun-12 show a mean of -1.48 dollars, an estimate high of -0.30 dollars and an estimate low of -2.65 dollars.

Sales for Quarter Ending Jun-11 was estimated at 2.56 million dollars, however the actual sales figure stood at 2.52 million dollars, 0.04 million dollars less than estimates.

Sales for Quarter Ending Mar-11 was estimated at 1.90 million dollars, however the actual sales figure stood at 3.13 million dollars, 1.23 million dollars more than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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