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CCC Computacenter Plc

2,530.00
-10.00 (-0.39%)
02 May 2024 - Closed
Delayed by 15 minutes
Computacenter Investors - CCC

Computacenter Investors - CCC

Share Name Share Symbol Market Stock Type
Computacenter Plc CCC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-10.00 -0.39% 2,530.00 16:35:18
Open Price Low Price High Price Close Price Previous Close
2,536.00 2,518.00 2,562.00 2,530.00 2,540.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 30/10/2023 18:51 by srichardson8
TRADING UPDATE TODAY IS EXCELLENT.
'Notwithstanding that Q4 is our largest quarter and much remains to be done, we continue to believe FY 2023 will be another year of progress with growth in profitability.'
At the current price of around 2500, the current (Dec 23) year p/e is around 14.5, the RoCE looks like staying at 25%, the dividend yield is around 3% and x2.5 covered, latest publicised net cash was around £165mn (mkt cap is £2.8bn). The business is growing in the US and Germany,overall the markets they serve should continue to expand.
There is conceivably a future overhang from the large shareholdings of the founders Sir Peter Ogden (18%) and Philip Hulme (8%) but I would think these could provide an extremely attractive entry point for either a big investor or a potential buyer if those shares became available for sale.
I am obviously prejudiced as this is one of our biggest holdings but it has been a real star and shows every sign that it will continue to be so.
Posted at 24/1/2022 12:56 by boadicea
On a more normal day this encouraging update should have boosted the share price As it is, in the midst of an avalanche of selling elsewhere, we shall probably be lucky to finish in the blue. That said, CCC is looking distinctly good value compared to some of its higher flying competitors and imo, any weakness could be a gift to longer term investors.
Posted at 01/3/2021 15:02 by blackholer48
Excellent based upon quality and value. Share price is currently close to its 200 day moving average suggesting short term weakness. I suspect that institutional investors have sold off CCC to favour more cyclical stocks. Hope I'm proved right when final results are published. Nothing hitherto to alarm small investors either.
Posted at 13/2/2021 07:38 by peterlowen
Softcat a competitor to Computacenter was brought down to 1120p a few weeks before results, now trading at 1558p after results even reaching excess of 1600p at one point. This is after director sells see below:-

Softcat directors sell over £11m in stock Investors Chronicle11:35 Wed, 03 Feb
In brief: Softcat CFO Sells GBP900,000 Worth Of Shares London South East21:27 Thu, 28 Jan
Share:
In brief: Softcat Chair Martin Hellawell Sells GBP17 Million In Shares London South East13:46 Wed, 27 Jan.

Now if you follow the impressive contracts for Computacenter;-



and Softcat :-



both doing very well.....

I think Computacenter will be a similar trace upto and beyond results, Just my thoughts....
Posted at 22/1/2021 07:13 by togglebrush
Synopsis Pre-Close Trading Update - 22 January 2021

Profit before tax will be in excess of GBP195 million.Trading has continued positively through to the end of the year

Total revenue grew by three per cent overall.

Strong growth in Technology Sourcing product sales; Services revenues remained broadly flat.

Net funds, finished extremely strongly at around GBP188 million.

Group Outlook trading since the start of the pandemic shows no sign of abating,

Final results for the year ended 31 December 2020 on Tuesday 16 March 2021.

Conference Call for analysts and investors this morning at 08:30
'
(1) My notes for scale Net Profit 2019 £102 m ; Consensus estimate 2020 £136 million
Posted at 23/4/2015 13:37 by mike740
Computacenter plc Receives “Buy” Rating from Panmure Gordon (CCC)
Posted by Ethan Ryder on Apr 23rd, 2015

Computacenter plc (LON:CCC)‘s stock had its “buy” rating reiterated by research analysts at Panmure Gordon in a report released on Thursday. They currently have a GBX 787 ($11.77) price target on the stock. Panmure Gordon’s target price indicates a potential upside of 16.77% from the company’s currentprice.
Computacenter plc (LON:CCC) opened at 673.0000 on Thursday. Computacenter plc has a 52-week low of GBX 651.6670 and a 52-week high of GBX 802.4000. The stock’s 50-day moving average is GBX 701.93 and its 200-day moving average is GBX 706.72. The company’s market cap is £807.65 million.
The company also recently announced a dividend, which will be paid on Friday, June 19th. Investors of record on Thursday, May 21st will be paid a dividend of GBX 13.10 ($0.20) per share. This represents a dividend yield of 1.93%. The ex-dividend date is Thursday, May 21st.
A number of other analysts have also recently weighed in on CCC. Analysts at Investec reiterated a “buy” rating and set a GBX 800 ($11.97) price target on shares of Computacenter plc in a research note on Thursday. Separately, analysts at Barclays reiterated an “underweight” rating and set a GBX 660 ($9.87) price target on shares of Computacenter plc in a research note on Friday, April 10th.
Computacenter PLC is a United Kingdom-based provider of information technology infrastructure services. The Company provides user support, devices, and provision of applications and data to support individual working styles and improve collaboration. The Company’s services include print solutions, data optimization, unified communications and collaboration, network services, supply chain solutions and physical infrastructure.
Posted at 12/10/2012 08:52 by marklith
I'm interested in the ERP implementation at CCC; it can tell you a lot about a company as any key ERP implementation (Oracle or SAP, in this case SAP)will rip through the heart of a company and have a significant impact on operational effectiveness.

I can see that the initial spend of £25m is now over £32m. ERP implementations This can mean one of 3 things:

- Nearly all ERP implementations overspend as the receiving client and the supplier rarely get it right at estimation stage.

- It's overspending and the CCC management isn't close enough to the project team. A worry as this affects every part of their business but very common - indicative of a weak management team.

- As a receiving company, you rarely understand the magnitude of the capability of ERP platforms at the outset and as you see more, you understand more what could be delivered and subsequent, cost justified, business cases emerge. Indicative of strong management and one that would attract my investment.

I have filled in the forms on the 'Investor Relations' pages and I have emailed CCC for a summary of the ERP business case and expected business benefits along with as much of the project reports as they would be willing to share - no response though, not even a 'sorry, that's confidential' reply.

My money stays in my pocket for now.
Posted at 13/3/2012 10:38 by cambium
DJ UPDATE: Computacenter Confident On 2012 As Profit Grows Again




-- Computacenter posts sixth consecutive year of double-digit profit growth

-- Chief executive says contracts won last year will boost performance in 2012

-- Fragmentation of outsourcing contracts has benefited company



(Adds details, comments from chief executive and analyst, and updates share price.)



By Peter Evans

Of DOW JONES NEWSWIRES



LONDON (Dow Jones)--Information technology company Computacenter PLC (CCC.LN) said Tuesday it is confident of its prospects in 2012 given its improving pipeline of opportunities, as it posted a 10% rise in full-year pretax profit, boosted by strong trading in Germany and France.

"We had a stunning year in Germany, but were a bit weaker in the U.K.," Chief Executive Mike Norris told Dow Jones Newswires. "Our outlook for 2012 is reasonably confident [as] a number of contracts we won last year will start to come through."

Computacenter reported pretax profit of GBP72.1 million in 2011, compared with GBP65.4 million a year earlier, on revenue 6.6% higher at GBP2.85 billion. The company raised its dividend 10% to 15 pence a share.

Although the company traded well in Germany--where revenue grew 22%--U.K. revenue fell 13%, reflecting reduced demand in harsh economic conditions.

Investec Securities analyst Julian Yates said Computacenter's positive outlook and history of resilience in tough economic conditions made it a safe bet for investors. Yates retained his buy rating on the stock with a target price of 50 pence.

At 1020 GMT, the shares traded up 0.2% at 410.6 pence.

Since its inception in 1982, Computacenter has expanded from a computer hardware company into a provider of information technology services, with customers including BMW AG (BMW.XE) and Daimler AG (DAI.XE).

Norris said the firm had benefited in recent years from the fragmentation of outsourcing contracts. "Big corporations have rejected very large, single tower outsourcing and have split the contracts into four or five different suppliers," he said. "[This trend] has been incredibly beneficial to us and is likely to continue for another three to five years."
Posted at 12/1/2011 17:07 by deadly
Some big trades at the close, probably profit taking..

Independent:
Our view: Buy

Share price: 420p (+35p)

That Computacenter's shares rose after the IT firm issued its trading statement last night should surprise no one. After all, the company said full-year profits would be at the top end of market hopes thanks to clients resuming spending on IT.

Customers who slashed spending in the year before last finally took a second look at their IT systems in 2010, driving business for Computacenter. This trend should continue to support profits this year, as many companies are still in recovery mode. The main caveat is the direction of the wider economic environment. Investors should bear in mind that the recovery could yet come to nothing if the economic headwinds get stronger.

That said, Computacenter benefits from an undemanding valuation. The balance sheet and cash position are strong, but the stock trades on just 11.9 times forward earnings, according to the analysts at JP Morgan Cazenove. This means that Computacenter is being valued in line with the wider IT services sector, which is also on 11.9 times. The market is being unduly harsh on a stock that, in our view, deserves to trade as a premium to its peers. Pile in now before others wake up. Buy.
Posted at 27/10/2009 21:32 by v11slr
Panmure Ups Computacenter To Buy From Hold

1439 GMT [Dow Jones] Panmure Gordon upgrades Computacenter (CCC.LN) to buy from hold and lifts the target price to 331p from 324p after the company announced the sale of its trade distribution division. Panmure says the sale is not entirely unexpected and is in line with the company's move from selling boxes to services and getting closer to its end customers. Adds that more cash coming in will result in investors speculating over the use of its funds. Shares +2.9% at 305p.

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