ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CCC Computacenter Plc

2,660.00
6.00 (0.23%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Computacenter Plc CCC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
6.00 0.23% 2,660.00 16:35:19
Open Price Low Price High Price Close Price Previous Close
2,576.00 2,524.00 2,660.00 2,660.00 2,654.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Computacenter CCC Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
20/03/2024FinalGBP0.47406/06/202407/06/202405/07/2024
08/09/2023InterimGBP0.22628/09/202329/09/202327/10/2023
31/03/2023FinalGBP0.45815/06/202316/06/202314/07/2023
09/09/2022InterimGBP0.22129/09/202230/09/202228/10/2022
16/03/2022FinalGBP0.49409/06/202210/06/202208/07/2022
09/09/2021InterimGBP0.16923/09/202124/09/202122/10/2021
16/03/2021FinalGBP0.38403/06/202104/06/202102/07/2021
09/09/2020InterimGBP0.12324/09/202025/09/202023/10/2020
23/08/2019InterimGBP0.10112/09/201913/09/201911/10/2019

Top Dividend Posts

Top Posts
Posted at 09/7/2024 19:26 by srichardson8
this doesn't get a lot of pi comments though it does have a pretty remarkable and consistent profit record to date and doesn't look at all expensive on most counts. That said, it seems to be trading in a range - basically 2200 to 2900 - and has taken a sharp drop today, down more than 3% and once again failing to overcome the £30 'barrier'.
I can offer only two possible reasons.
Firstly a possible reaction to the trading update at Softcat which is in a similar business, of similar size, and reacted badly to a recent statement that expected 2024 ernings were likely to be in line with market expctations (flattish at net level).
Secondly, and perhaps more pertinently given that CCC seems to me to be so much cheaper than Softcat, some concern as to how these VAR companies are going to deal with AI.
Finally I had a quck look at trading. It was mostly very small lot until two trades posted just after the close, one for 95k and another 19k - that first one has a nominal value close to £3mn so will likely be a biggish holder crossing with a broker imo.
JUST A REMINDER (from the May TU) THAT ' Given the first half comparison we have previously highlighted, adjusted profit before tax for the first half is expected to be below the equivalent in 2023'
Interims are due September 9th.
Posted at 24/1/2024 14:55 by boadicea
Possibly the most interesting part of the update is this ...
"Given the strength of our balance sheet, we are evaluating our options. Historically, Computacenter has a track record of returning surplus capital to shareholders when suitable acquisitions are not available."

With the UK market at its currently very depressed level one might have expected a number of cheap acquisitions to have been available to them over recent months.

Adjusted net funds at ~£450m are standing at about 13.7% of market cap, so failing an acquistion there appears comfortable room for a special or materially increased dividend which they seem to be contemplating.

I was pleased to see no mention of the currency headwinds I had factored in to my previous thinking.
Posted at 30/10/2023 18:51 by srichardson8
TRADING UPDATE TODAY IS EXCELLENT.
'Notwithstanding that Q4 is our largest quarter and much remains to be done, we continue to believe FY 2023 will be another year of progress with growth in profitability.'
At the current price of around 2500, the current (Dec 23) year p/e is around 14.5, the RoCE looks like staying at 25%, the dividend yield is around 3% and x2.5 covered, latest publicised net cash was around £165mn (mkt cap is £2.8bn). The business is growing in the US and Germany,overall the markets they serve should continue to expand.
There is conceivably a future overhang from the large shareholdings of the founders Sir Peter Ogden (18%) and Philip Hulme (8%) but I would think these could provide an extremely attractive entry point for either a big investor or a potential buyer if those shares became available for sale.
I am obviously prejudiced as this is one of our biggest holdings but it has been a real star and shows every sign that it will continue to be so.
Posted at 08/9/2023 11:47 by kalai1
ComputaCenter plc posted interims for the HY ended 30th June this morning. Revenue was up 26.8% to £3,584.9m, PBT was up 13.9% to £122.8m while EPS was up 13.7% to 76.5p. The Group is on course for its nineteenth year of uninterrupted full-year adjusted diluted earnings per share growth. The balance sheet remains solid with over £300m cash and net funds of £164.8m. Valuation is relatively attractive with forward PE ratio at 12.4x top quartile for the Software & IT Services sector. The fragile macro environment is the main cloud to the investment case, share price also lacks some momentum. CCC is a solid, growing and profitable company worth monitoring for the longer run, but is perhaps still a little early to be buying...

...from WealthOracle
Posted at 18/8/2023 14:45 by fuji99
I don't think this is specific to CCC or the sector itself. The downtrend is across the board and behaving as if the markets anticipate a possible correction. Software/IT, Miners, Retail and House builders are dropping everyday. If one looks at the performance of the S&P/DOW/Nasdaq over the last 10 years, it's logical to expect a correction at some point. This is without the outcome of Russia/Ukraine conflict, China possibly attempting invading Taiwan and the BRICS becoming an economic threat to the West. The markets horizon is becoming a big question mark.
Posted at 18/7/2023 14:30 by nk104
Well I've hitched aboard the CCC express at £21.35. Famous last words, but a PE of just over 12, a ROCE of over 20 per cent and net cash must be good.
Posted at 14/3/2023 15:55 by fuji99
Everyone seems to find some "material weaknesses in their reporting" - Of course, CCC is not WAND - Strangely everyone seem to be more careful even Credit Suisse - due to more scrutiny ?
Posted at 14/3/2023 11:39 by blippy3
@baodicea As a holder of CCC I hope you're right. But as the old adage goes: bad numbers take longer to add up than good ones.
Posted at 11/11/2022 12:25 by boadicea
A recession, two year or otherwise, can only be "confirmed" after it has happened.
Ah, so they mean they confirm that it is predicted ... and we know how accurate predictions can be!

That said, we do actually need a recession to free up some labour for the jobs that need doing and force us to face economic reality.

However, there is little sign of recession at CCC and the market now seems to be waking up to the value here.
Posted at 28/10/2022 09:33 by fuji99
A great company but won't be the exception when one looks at the US recent results:
The state of the world economy is starting to show via the US bellwethers. From Microsoft to Google/Amazon. The UK could be worse. So CCC won't escape the stagnation. Even CCC flagged up the slowdown next year.
MSFT 231.32 (-7.72%)
AMZN 115.66 (-4.10%)
META 129.82 (-5.59%)
NVDA 128.96 (-2.75%)

Your Recent History

Delayed Upgrade Clock