Computacenter Share Discussion Threads

[srichardson8] 18/9/2020 09:09

blundered across this reading Spreadex history. a tidbit for holders.

Due to an ever-expanding customer base, in September of 2013 Spreadex penned a £1.2m private cloud deal with Computacenter to improve the stablitity and security of its trading platforms.

[bigbigdave] 17/9/2020 11:03

Bonkers downgrade by UBS target 2030, clearly trying to get their clients in cheaper. Added a few more on the drop.

[roks] 10/9/2020 09:04

Pivot, they'll turn it around, done many in the past.

[shanklin] 09/9/2020 11:52

Think they have quite a lot of sorting out to do at Pivot. At first glance they have a lot of revenue but seem to struggle to reliably generate a profit from it let alone a growing profit.

Presumably Pivot will have to learn to operate a lot more efficiently.

[bahiflyer] 09/9/2020 07:37

One of the first companys to give clear earnings guidance when they say ' adjusted profit before tax for the year unlikely to be less than 180M.
Thats some statement of intent

[imastu pidgitaswell] 09/9/2020 07:34

And yet nobody is interested.

To be fair, the valuation is becoming a little bit higher than the former grudging 7 or 8 multiple, but it is still, in a low interest rate environment, just valued as a utility services provider.

[bigbigdave] 09/9/2020 07:28

Excellent numbers, some way ahead of forecasts

[saucepan] 09/9/2020 07:24

Canadian acquisition announced, too.

[togglebrush] 09/9/2020 07:23

Interims on first reading
'
Revenues are par to last years ... but margins vastly increased ... costs controlled
'
Dividends UP at 12.3 p XD 23 Sept Paid 23 Oct

[pawlikk1] 05/9/2020 10:21

Recomended by Motley Fool https://www.fool.co.uk/investing/2020/09/05/stock-market-correction-2-technology-focused-uk-shares-id-buy-today/

[roks] 04/9/2020 10:53

That would be nice...

[kanwar] 04/9/2020 10:35

£25 by the 9th??

[roks] 04/9/2020 09:54

Heading in the right direction again

[hatfullofsky] 03/9/2020 23:40

Snowball on profit taking

[pawlikk1] 03/9/2020 20:25

Tech bubble bursting on US market

[bigbertie] 03/9/2020 19:26

Sudden weakness for computer stocks - but why? Softcat, Kainos, and CCC down 6% to 8%. Aveva, Avast and Sage down about 3%.
However I am happy to hold CCC as we already know interims next week will be good and the statement this week forecast a strong 2nd half. And CCC p/e ratio looks quite sensible compared with most of the others.
All IMHO. Do your own thing as always. BB

[roks] 03/9/2020 16:36

looks like we'll have to wait a bit longer for 25....

[roks] 03/9/2020 09:14

Are we going to get to the broker target of £25

[bigbertie] 02/9/2020 13:06

Probably with interims, scheduled for 9 Sept I think

[srichardson8] 02/9/2020 10:28

Aggregate dividend in pence for the past six years
19.8 21.4 22.2 26.1 30.3 37.0

Very crudely they seem to pay around 30% of net profit (or eps if you like) as a biannual dividend, split into the interims (one third) and finals (two thirds). I imagine there is a statement on their dividend policy somewhere but given the capital growth over the last three years or so this hadn't been much of a focus as it often isn't with 'growth' stocks. The smaller interim dividend has usually been announced at the end of August with the XD date around September 12/13th and payment in the second week of october. So the announcement should be very soon.

[lasata] 02/9/2020 10:13

Quiet BB here is encouraging

[roks] 02/9/2020 08:20

Hopfully we'll get some divi now?

[lasata] 02/9/2020 08:14

Great update

[trainsailing] 02/9/2020 07:20

‘materially above the Board's previous expectations’ Music to all shareholders ears :)