Softcat Share Discussion Threads

[ben750crow] 26/3/2024 11:30

Another good set of results, excellent company!

[seanyboy] 26/3/2024 10:17

I iz luvin SCT - once market regains full confidence this stock will fly

[siggs44] 26/3/2024 09:57

Another set of good results

[ddubzy] 24/10/2023 09:16

Indeed, heavily down, but took advantage and added on that crazy drop.

[siggs44] 24/10/2023 09:02

Total over reaction - crazy.

[martywidget] 14/7/2023 07:14

"Citi analyst Balajee Tirupati upgraded Softcat Plc from Neutral to Buy with a price target of GBP 16.00 (from GBP 12.50)."
July 13, 2023 4:19 AM EDT

[trident5] 13/7/2023 22:10

Back down tomorrow

[mngf] 13/7/2023 20:10

Upgrade from citi

[siggs44] 13/7/2023 09:17

What's up?

[togglebrush] 30/5/2023 08:45

Very brief Q3 update... just to prove some one is available to turn the lights on

[systemsthinker] 05/5/2023 18:38

Seanyboy - I'd never give advice(!) but I bought Softcat at the start of February.

I'm not concerned about exec/director sales of shares unless backed up by other more dubious factors, and I can't find any.

It just seems to be a slightly unexciting but profitable company with a pretty good outlook, so is what I was looking for as a longer term investment. Dividend yield is also forecast to rise.

In my previous job in IT, I also dealt with them on a business level and I was quite impressed. That was a few years ago, but they still seem to be doing OK...

[seanyboy] 25/4/2023 15:06

Thinking of investing in Softcat - fundamentals seem sound but what was the deal with CEO sale of shares some time ago? Was that a concern for any of you? Any advice appreciated but ofcourse I will do my own research - TIA

[togglebrush] 28/3/2023 07:12

In brief Today's Interims:-
'
Highlights for the six months to 31 January 2023

Growth in gross profit (GP),was very strong at 17.9% and ahead of expectations
'
Operating profit was also ahead of expectations .
'
Gross invoiced income (GII) was up 4.9%,
'
Performance and growth drivers have again been broad-based,·
'
Closing headcount was up 21.1% ·
'
Customer base grew by 3.3%, GP per customer was up by 17.4%,
·
Cash generation was strong 117.8%;Cash closed at £97.7m;Company remains debt free.
·
An interim dividend of 8.0p per share, up 9.6%, paid on 24 May 2023; ex-dividend on 13 April 2023.

[togglebrush] 18/3/2023 08:20

Negotiated trades, dealt en mass after the bell on Friday, before the Interims due 28th March, with a spike in the share price, very high daily volume, and following a new CFO appointment, all look very interesting.

[fuji99] 15/3/2023 11:55

Now it's the turn of Credit Suisse spreading toxicity into the markets. Could be another big bank going down. Market nervousness and volatility are now the norm.

[togglebrush] 15/3/2023 07:54

Softcat plc will announce its results for the six months to 31 January 2023 on Tuesday 28 March 2023.

and will host an investor/analyst conference call 9.30am UK time, on Tuesday 28 March.

[redface] 24/1/2023 21:11

Microsft results just out and are better than expected:

[disc0dave45] 31/10/2022 14:54

That will put the kiss of death to the sp!

[my retirement fund] 30/10/2022 09:28

Tipped this week IC. FT says no drop off from working from home in sales

[ianguerin] 27/10/2022 08:50

shareholder 7 - Liberum don't share your view about costs, but who takes notice of brokers? They seem to be suggesting that hardware updates will slow down, which may be an understandable viewpoint, but realistic?

hxxps://citywire.com/funds-insider/news/expert-view-hargreaves-lansdown-reckitt-zoo-digital-rws-and-softcat/a2400938?re=102320&refea=1738689#i=6

[disc0dave45] 25/10/2022 16:56

EIKeeping my eye on COA, let's see what Hunt delivers and the subsequent BoE rate increase.Any reason for the afternoon kick up in the market generally?Sorry for off topic too :)

[essentialinvestor] 25/10/2022 14:42

Dave, nice day for COA atm - on around 10.5 X this FY, dropping to 7 X on FY '23 (if the deliver).
May drift back towards 55 pence if markets sell off again.

Apologies for off topic.