Softcat Share Discussion Threads

[d4v1db] 06/7/2016 11:31

It's just this daily headline summary. It's all I have I'm afraid. Upgrades / Downgrades AB FOODS RAISED TO HOLD VS SELL AT CANACCORDCAPITAL & COUNTIES RAISED TO HOLD VS REDUCE AT HSBCGLAXOSMITHKLINE ADDED TO EUROPE SUPER TEN AT HSBCGREAT PORTLAND ESTATES CUT TO HOLD VS BUY AT HSBCLLOYDS ADDED TO CONVICTION BUY LIST AT MACQURIERBS CUT TO NEUTRAL VS OUTPERFORM AT MEDIOBANCASOFTCAT RATED NEW SELL AT INVESTEC, PT 250PTALKTALK RATED NEW BUY AT DEUTSCHE BANK, PT 300PTALKTALK RATED NEW BUY AT DEUTSCHE BANK, PT 300PTESCO REMOVED FROM EUROPE SUPER TEN AT HSBCVEDANTA RAISED TO BUY VS HOLD AT DEUTSCHE BANKWEIR GROUP REMOVED FROM CONVICTION LIST, REMAINS BUY AT GOLDMAN

[b1ggles] 06/7/2016 11:19

Factual information? On these boards? I don't think anyone is under any illusions about the accuracy of most posts.

Sad, but there it is.

[georgeg2] 06/7/2016 11:03

Got to be brave! I sadly got in just before it bottomed today.GLA

[maverick82] 06/7/2016 10:21

Think the investec link was a mistake. The chap that posted corrected earlier on in the thread. I'm hovering over the buy as there seems to be some level of support at 280.... In just anxious it may tumble further

[1861andy] 06/7/2016 09:59

Have you a link to investec downgrade to 250 seems harsh and at odds with all the other brokers.

Disappointing this has slipped below 300 but whole market looking weak again but hopefully rally will see this go back up.

[georgeg2] 06/7/2016 09:38

I've now taken a position here. Is that a chunky buy that's just popped through...?

[smokybenchod] 06/7/2016 09:30

Maybe, but I think we have a responsibility to post factual information that we have checked through before we post so that those with the tendency to panic are not encouraged.

On fair value front, yes they also have 54.9m in cash as last reported and also no debt.

[shakeypremis] 06/7/2016 09:22

Anyone panic selling due to what they read on a BB only has themselves to blame.

In these markets, a PE of 15 or 16 may well be considered fair value. I would like to dip my toe back in but things are looking rather weak at the moment.

[smokybenchod] 06/7/2016 09:04

Ok but it's mistakes like that that cause panic selling in volatile markets

[smokybenchod] 06/7/2016 09:02

Really, so their HY reported EPS was 8.18p. Since then they have released Q3 guidance where revenues are up from last year (guess with would add circa 4-5 EPS already which puts them on circa 13 EPS up until Q3) and they well meet expectations. Are you saying that:
A) Their Q3 statement was not factual
B) Someone has committed fraud and or theft and stolen their profits

Go home please.

[shakeypremis] 06/7/2016 08:55

My mistake I have misread the results, did not see the 'six months ended' part.

[shakeypremis] 06/7/2016 08:55

My mistake I have misread the results, did not see the 'six months ended' part.

[shakeypremis] 06/7/2016 08:47

That is forecast EPS, current EPS makes the PE ration 30ish.

[smokybenchod] 06/7/2016 08:42

shakeypremis, current PE is NOT 30. Forecast EPS for this year is 18p and 20p next which at share price of 2.90 makes a PE of 16 for this year, NOT 30. Forward PE of 15 for next year. You were only circa 100% out.

[shakeypremis] 06/7/2016 08:27

Could go a lot lower too. Current PE is very high in reality. Over 30. Too high in these markets.

[maverick82] 06/7/2016 08:25

Goodness me. Their 2016 year end report/results is due 31 July.... No chance of a rise leading up to that. Will check it the new 250p price you've just mentioned.... Seems a little harsh!

[d4v1db] 06/7/2016 08:22

Downgraded by Investec this morning to a sell with target of 250p. May have had some impact.No idea what their rationale is though, only have the summary details.

[maverick82] 06/7/2016 08:17

293.....Golly!

[shakeypremis] 05/7/2016 16:15

Just dropped below 300p to buy.

[maverick82] 05/7/2016 15:04

I'm watching this very closely. Bought and sold last week 308 - 329 for a profit. Tempted to put an order in for 295 perhaps.... Not sure where the bottom is. Didn't expect a 5% drop today though

[shakeypremis] 05/7/2016 14:53

Markets very erratic at the moment. Really hard to have any idea where this is headed at present. Long term I still believe it's good value. Might be worth another look sub 300p if it gets there.

I sold mine first thing this morning for ~320.5p, taking a small profit. I want to get back in.

[shareholder7] 05/7/2016 13:19

Or may be not ?

[shareholder7] 04/7/2016 11:17

Agree shaky it seems to take two weeks plus for it to react after any news So we were at 382 stock market falls and softcat goes down Now we are above what we were before the Brexit and softcat still downMy bet is it will pick up again in two weeks time to where it was

[shakeypremis] 04/7/2016 09:47

Fairly typical SoftCat share price action here. After a rise, the retrace seems to usually wipe out almost all of the gains before another subsequent rise.

[igoe104] 01/7/2016 11:25

Shakey, the Uk economic outlook has very little effect on the over-all stock market, its what happens in usa and china that really matters, which carries everyone else. AS long a USA is growing everything else should go up accordingly.