Softcat Share Discussion Threads

[opodio] 17/3/2016 07:18

£55m cash pile

[opodio] 17/3/2016 07:17

"We are very pleased to report strong results for our first half year as a public company. The first half included the significant event of our IPO at the end of November but despite all the work and distraction involved with that, I am delighted that the Company has continued to make good progress and deliver growth.



The second half has started well and we remain confident in meeting the Board's profit expectations for the full year.

[saj3] 17/3/2016 07:04

I did say results are going to be good! Let's see how the market reacts

[albanyvillas] 16/3/2016 11:27

added here

[opodio] 15/3/2016 21:25

Peel Hunt

IT Services

23 February 2016

Softcat – value-added reseller (SME)

Softcat (Buy, TP 380p)

Leading market position: We initiate on Softcat with a Buy recommendation and 380p target price.

We believe that the company has a unique business model within the IT services sector. It is the leading

IT VAR in the UK SME market, with over 11,000 customers and 200 vendor relationships. Softcat

removes the customers’ burden of having to manage multiple vendor relationships and stay ahead of the

curve on the latest technology innovations and changes.

USP – sales: We see Softcat’s salesforce as the key driver of revenue and gross profit. Softcat employs

over 600 sales and specialist sales, with c340 account managers. It has created a unique sales model and

strong culture by hiring and training a young, hungry salesforce, on low basic starting salaries, but

providing them with significant upside through a generous commission structure.

Valuation and recommendation: Our target price of 380p is based on a 20x 2017E EPS.

[1861andy] 15/3/2016 20:16

This has really dropped last mth or so but hopefully we should see good results later this week.

Seems several of the companies promoted to FTSE250 have declined including Paysafe & McCarthy & stone. Hopefully we see good results & share price increase once included in the FTSE250 21st March i think!

If any bad news/poor growth then can see these shares taking a big hit but hopefully that is not the case so soon after they floated!!

[gswredland] 15/3/2016 19:08

How do you know results will be good saj please?

[aishah] 15/3/2016 16:17

Price now 10% cheaper than SCSW Nap tip back in Jan

[ulinbac] 15/3/2016 16:04

What about the fact that it's down so much since peak and no up days? That many down days does not necessarily mean it's on the way back up no?

[d4v1db] 15/3/2016 15:42

These mostly look like bot trades to me rather than bunch of insiders bailing out. Could be MMs trying to pick up some stock ahead of results by pushing the price down.

[saj3] 15/3/2016 15:41

I think it's a tree shake

[saj3] 15/3/2016 15:40

As far as I know results will be good

[ben12358] 15/3/2016 15:36

Maybe a read across from CCC's below market expectation results (still decent though). Or, a tree shake by the brokers because Scat eating CCC's lunch and they know the results will be good on Thursday.Or, both....I.e. I have no clue! Sorry...!

[gswredland] 15/3/2016 15:15

I wonder if people know about some nasty surprises on Thursday?

[igoe104] 15/3/2016 13:37

This share is all over the place, so inconsistent from day to day ?

Why the 4% fall ?

[smokybenchod] 14/3/2016 17:42

Plenty of time left in the week yet. Thursday key day as 2016 Half Year results. I've taken the opportunity to top up. DYOR.

[theapplefreak] 14/3/2016 12:10

What is happening to this price. Not what I was expecting from this week.

[zho] 11/3/2016 15:58

That's what the website says

[theapplefreak] 11/3/2016 14:40

I'm taking a punt on 17th

[mandeep share] 11/3/2016 13:22

When are half year results anticipated?

[smokybenchod] 08/3/2016 10:30

We seem to be going the other way since the FTSE 250 announcement - didn't see this coming! Hopefully half year results will give a nice boost.

[ihatemms] 02/3/2016 18:30

Softcat is in a lot of indicies apart from just the 250. Means a lot of trackers will have to buy. Roll on 400.