Computacenter Share Discussion Threads

[steptoes] 28/1/2020 05:40

http://bit.ly/2TbVe5T Computacenter (#CCC) should continue its strong run into 2020, according to Berenberg, as signs emerge its US business is beginning to take off.

[boadicea] 23/1/2020 12:15

A rather late posted (8:05 am) update this morning which may therefore have been missed by some. Very upbeat and implying that the upper end of current guidance is the latest expectation which I take to mean that it becomes the mid-point of expectation from now on. We have had a very good run up since mid-October so I don't expect very much more in the short term. However, this should at least maintain the current share price against what may prove to be a sagging market in the next couple of months.

[roks] 11/1/2020 16:53

We should get an update in less than two weeks, so far looks positive, dont know why UBS down graded.

[hatfullofsky] 09/1/2020 17:17

From the Q3 update - Our only marginal disappointment in the quarter was that we were notified that we were not the preferred bidder on a large Managed Services renewal in France. This will have a small impact to the Group in 2020 however we expect to continue a significant relationship with this customer. Mountains out of molehills. Look to the US acquisitions for growth

[srichardson8] 09/1/2020 16:27

A Swiss civil war then. The UBS logic seems pretty feeble but let's see. When I did a simple comparison today with four other mid-size IT/software providers this continued to stand out despite its apparently slim margins.

[hatfullofsky] 09/1/2020 14:40

A raise from Credit Suisse on 6th Jan to 2100 and a downgrade from UBS today Sell 1625. From Alliance NewsAlliance News) - UBS downgraded Computacenter to Sell from Neutral taking a pessimistic view on the IT services provider's prospects in 2020.The Swiss bank cut its price target to 1,625 pence from 1,485p. Computacenter shares were down 3.9% at 1,688.00p in London on Thursday.UBS analysts Michael Biest and Hannes Leitner said there is less chance of upside to earnings for Computacenter in 2020.The analysts anticipate profit growth to slow in 2020 due to a weak economic growth in its key UK and Germany markets, headwind from a ramp-down of a major contract in France in the second half and pressure on systems applications and products procurement spending.Briest and Leitner highlighted that the UK and Germany make up around 80% of Computacenter's profit at group level.However, with both the UK and Germany's economies facing pressure in 2020, the analysts think this will have a detrimental effect on Computacenter's earnings."We downgrade Computacenter to Sell as we see limited upside to 2020 profits over 2019's newly-raised goal. Digitalisation remains a supportive trend, but automation and competition are likely to continue to pressure growth in managed services, while the Microsoft Windows 10 upgrade cycle is also starting to mature," Briest and Leitner said.

[srichardson8] 09/1/2020 13:03

UBS Cuts Computacenter On Increasing Risks To 2020 Growth Downgraded Computacenter to Sell from Neutral taking a pessimistic view on the IT services provider's prospects in 2020. It would be v useful to get any more meat on this headline if anyone can oblige. Up to now all the broker forecasts have been rising steadily in aggregate.

[hatfullofsky] 09/1/2020 12:46

Small top up at 1686

[hatfullofsky] 09/1/2020 12:08

MM driving the price down before results, I think sub 1700 is good value for a top up

[clanger66] 09/1/2020 11:32

UBS downgraded to sell from neutral. However they raised their target price to 1,625 from 1,485.

[redips2] 09/1/2020 10:53

Ppl taking profits.

[sutherlh] 09/1/2020 10:11

I think just no positive news, so shares may just drift down a bit until they become a bit oversold (my theory) H

[nick_dunton] 09/1/2020 09:38

Why the fall?Can't find news flow..

[sutherlh] 09/1/2020 09:08

Sold my trading half of my CCC shares in 3 tranches. Got 1714p on average. Typical they bounced a bit once I sold. Still have a significant (for me) holding. Hope to buy back around 1600 to 1650. H

[ade45] 19/12/2019 08:59

Must be one of best shares of 2019. Steady-ish up chart all year.

[roks] 18/12/2019 14:05

Still got few left, cancelled my limit order at 18...gut feeling its going higher, might set it a bit higher.

[boadicea] 17/12/2019 18:11

I stick to my views of 10th Dec (#790), the election result proviso having been satisfied. The share price hiccup of 11th Dec was most welcome. Another one when I have more funds available following the SSY payout would not come amiss!

[f15jcm] 16/12/2019 10:11

I notice no broker upgrades since the trading update. Should be some assistance on the way shortly.

[rafieh] 13/12/2019 08:10

Excellent timing!

[its the oxman] 11/12/2019 14:02

Bought 1533p. Expecting this to go higher.

[redips2] 11/12/2019 13:57

...... anyhow yesterday’s gap up has now closed

[sutherlh] 11/12/2019 12:33

Yes, agreed. H

[rafieh] 11/12/2019 12:20

It was a sell order that got filled at 1625.