Computacenter Share Discussion Threads

[cockneyrebel] 07/4/2011 13:13

Interim Man Statement on the 20th.

CR

[cockneyrebel] 06/4/2011 15:24

Getting ready to bly imo - broken out to a new blue sky high here.

CR

[cockneyrebel] 05/4/2011 14:08

459.9/460 - nice spread

CR

[cockneyrebel] 05/4/2011 08:06

New closing high last night.

CR

[cockneyrebel] 04/4/2011 13:04

Going through those resistance levels @ 450p here - that big high's getting taken out soon imo.

CR

[cockneyrebel] 28/3/2011 09:59

About to break out after going through that resistance

CR

[cockneyrebel] 25/3/2011 12:45

yep, no prob, the earnings growth record is rather good.

breaking out through 450p today.

CR

[cockneyrebel] 24/3/2011 15:24

Bounced off the same low point 3 times recently - breakout imminent imo.

CR

[cockneyrebel] 22/3/2011 10:23

From yesterday:

1145 GMT [Dow Jones] JPMorgan Cazenove boosts Computacenter (CCC.LN) target price to 480p from 345p. Computacenter can continue to improve revenue growth and profitability, says JPM. Although 2010 saw a stronger product recovery, the mix shift will continue in favor of the services business, which are higher margin, says JPM. In addition to providing higher profitability in the near term, "this revenue mix shift also increases the longer-term predictability and sustainability of earnings," says the brokerage. It says Computacenter has a strong balance sheet and cashflow, with net cash of GBP139.4 million and the dividend yield of 3.6% in 2011. Overweight rating. Shares +2.4% at 420p.


Looks like a director's just had 50K too :-)

CR

[nellie1973] 16/2/2011 13:37

Broker upgrade

[deadly] 04/2/2011 12:53

This has become an excellent trading stock over the last 6 months - moves of 5% a day, like today are common due to the low volume. With DMA you can exploit the spread.

[deadly] 12/1/2011 17:07

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.

[ed 123] 12/1/2011 10:35

Thanks, panachegrp.

"...Pile in now before others wake up. Buy."

[panachegrp] 12/1/2011 07:56

tipped in the independent today

[cockneyrebel] 11/1/2011 16:12

having a good day today on the update by high enough for me - taking profits here for investing elsewhere.

CR

[deadly] 11/1/2011 14:43

Was a no-brainer for the last few months yet overlooked by most - as expected trading is strong and stands in good stead for the future. Hence the strong rise today.

[cockneyrebel] 04/1/2011 11:04

testing the highs - trading statement very soon.

CR

[cockneyrebel] 29/12/2010 13:21

Added a few more today - if the co is buying back ahead of the Jan trading statement I'm joinging them.

CR

[cockneyrebel] 23/12/2010 11:51

Trading statement Jan 11th - can only see more buying here up to the t/s now that these have broken out.

CR

[cockneyrebel] 22/12/2010 08:53

Broke out yesterday - today:

0851 GMT [Dow Jones] Panmure Gordon increases Computacenter (CCC.LN) price target to 428p from 408p. Suspects full-year numbers will be in line if not a shade better than consensus. Also, after speaking to the company does not think that the business has suffered following recent adverse weather conditions in the UK. Says, "we spoke to Computacenter chief financial officer Tony Conophy and found him in relaxed form. Indeed, our overall impression is that the weather has not frozen business." Raises '10 EPS forecast to 32.64p from 31.2p, and keeps at buy

[hannabella] 21/12/2010 13:17

Agreed CR I just thought they might have better things to do with the money.
It does look good imo and Im just waiting for an entry, either a breakout or a retrace £4 may give some resistance

[cockneyrebel] 21/12/2010 13:02

Dunno, guess they think the shares look screaming cheap like I do - an almighty break out coming by the look of it.

Trading statement in Jan gonna surprise the market to the good imo.

CR

[hannabella] 18/12/2010 14:39

Any reason for the buy back?

[cockneyrebel] 09/12/2010 18:56

Lovely intraday reversal today - reverse head and shoulders just gormed on the chart and set up to test that high.

I tink there will be a lot wanting to get long ahead of that early Jan trading statement imo.

CR