Computerland Uk Share Discussion Threads

[overzeal] 17/12/2002 13:53

the IT company ?

[cmillar] 17/12/2002 10:39

up over 4% on supposedly zero volume.

Methinks there is a delayed buy to come.

[cmillar] 13/12/2002 08:01

186,000 traded after the bell at £1.00 - which was the ask at the close.

More Institutional buying??

[recruiter] 12/12/2002 11:01

psst...Evolution Beeson Gregory price target - 140p.

[recruiter] 12/12/2002 10:58

key to investing:
You sell to buy something which you feel is better, or has more potential - fair enough.
But right now, there isn't anything out there which has a 25%/50%/100% gain written over it more than this stock.

[cmillar] 12/12/2002 10:53

Valentine....It's all true!!!!!


KEY POINTS

O Turnover up 58% to £26.7 million (2001/2 H1: £16.9 million)

O Pre-tax profit up 389% to £738,000 (2001/2 H1: £151,000)

O EPS up 373% to 5.2p (2001/2 H1: 1.1p)

O Dividend per share increased by 37.5% to 1.1p (2001/02 H1: 0.8p)

O Net cash increased £1.1 million to £5.1 million

O Continued strong growth in contracted service revenues

[recruiter] 12/12/2002 10:39

nope, spot on.
A few small punters selling today - bit silly as I'd at least wait for tomorrow's IC & weekend press.
Hmm & a 10K buy over price.
Could MM's be short of stock ?

[valentine] 12/12/2002 10:35

Independent 12/01/02: Market Report. Michael Jivkov says " Computerland..soared by 11p to 98.5p after reporting a 389 per cent(sic) jump in first-half profits to £738,000. Graham Gilbert Cpu's chairman, told investors he was confident that growth at the company will contine into the second half of the year".

Not sure about the 389% bit?? Shurely shome mishtake!

[recruiter] 12/12/2002 08:50

cmillar - no I am not.
CPU up again this am, getting a thoroughly deserved re-rating.
I was initially going to trade these, but this stock is now going to be a key investment for 2003.
140 short term. 200p + by end of 2003.

[l2e] 12/12/2002 02:16

Central Processing Unit...had some impressive ones today...but will the profit takers come out for some?....

[cmillar] 11/12/2002 16:39

recruiter - are you familiar with Tyne Mill pubs?

[recruiter] 11/12/2002 16:33

a little news for you.
I hear that there was a little analyst meeting today & all left very positive. A few potential clients were also there.
Target price for me is now 140.
happy days !

[recruiter] 11/12/2002 15:57

if you gave this an average pe of 14, the price would & should be over 140.
However this actually warrants a higher pe than that purely due to th egrowth ascpect.
Currently pe is less than 10 & what would you put forward 2003 pe on, about 6 or 7 !
People will catch on that here is a tech that has everything you want, including a divi !

[cmillar] 11/12/2002 15:36

I'd expect the 2nd half to be just as good - if not better.

FY profits of £1.5m - cash of over £5m.

Company valued at £10m....that's gotta be wrong.

I'd find it hard to argue against a value of £20m.

Hopefully a good write up in IC and the financial press over the next few days should see this above £1.20.

[recruiter] 11/12/2002 14:06

we have a BUy rating on this stock......


Nottingham, England, Dec. 11 (Bloomberg) -- ComputerLand UK Plc said its first-half profit surged after the personal-computer and software supplier won new customers and boosted sales. The company's shares jumped as much as nine percent to a 21-month high.

Net income rose to 509,000 pounds ($801,000), or 5.1 pence a share, in the period ended Oct. 31, from 109,000 pounds, or 1.1p, a year earlier. Sales increased by 58 percent to 26.7 million pounds, ComputerLand said in a Regulatory News Service statement.

``It's encouraging to see these results in a sector that's had so many casualties,'' said Peter Ashworth, an analyst at Charles Stanley & Co. with a ``buy'' rating. It ``isn't overly dependent'' on one industry and provides services midsize companies ``will continue to need,'' he said.

ComputerLand has gained from the growing trend for companies to outsource computer services. The Nottingham, central England- based company's clients include E.ON AG's Powergen Plc and the British Broadcasting Corporation's commercial unit.

Shares in ComputerLand gained as much as 7.5 pence to 95p, the highest since Feb. 16, 2001, and were trading at 93.5p at 1:28 p.m. They have advanced 25 percent this year.

First-half pretax profit surged 389 percent to 738,000 pounds.

``Contracted revenues have grown strongly,'' Chairman Graham Gilbert said in the statement. ``We are confident that this growth will continue in the second half with new multiyear contracts expected to start in first quarter of calendar 2003

[recruiter] 11/12/2002 13:59

good, bid just moved up to 92.
It'll be higher before end of day.

[recruiter] 11/12/2002 13:12

I see the odd trader is selling, boy will they be kicking themselves by next week IMHO.
If this doesn't get seriously good press coverage then there is no justice.

[valentine] 11/12/2002 12:39

Funny you should mention Glaxo. A certain person, not unconnected with another share you have an interest in, brought up their name 'in passing' recently!

[recruiter] 11/12/2002 11:14

what is silly is that people will buy these in a day or two after newspaper tips etc, when the price is well over 100p...
I'm going to add to my investment this pm, when I come back from the gym.
Looking to see these at least double within 12 months.

see ya later.

[overzeal] 11/12/2002 11:07

you all are so right !!

[recruiter] 11/12/2002 10:31

be nice to see Directors buying now.

[recruiter] 11/12/2002 09:46

I gather that these were mentioned in Techinvest a little while ago. With that in mind you can bet that these will be talked about again as soon as it coes out. Prepare to go up much further.
With the growth rate, a pe of 15 would be fair, so assuming that then the shares should be nearere 140p mark IMHO...

[the fox] 11/12/2002 09:40

Couldn't agree more. Cash now up to £5m vs mkt cap of under £8m and EPS is 5.1p!!! Fantastic results and fairly positive outlook.

DR