Computacenter Share Discussion Threads

[peterlowen] 18/3/2021 10:27

Wonder how many got caught out on stop losses in the last two days..... Hope it was a tree shake.....

[ihatemms] 18/3/2021 09:15

Ridiculous - now on a P/E of 15.8 - cheap in anybody’s book.

[hatfullofsky] 18/3/2021 08:59

Wow - All sells

[hatfullofsky] 17/3/2021 17:10

It's been in a trading range since September, 2200 to 2500 with a few dips down to 2100. Needs a good Q1 update to breakout

[hatfullofsky] 17/3/2021 17:07

I agree Peter,

FY Results

"We have come into 2021 with solid momentum and have experienced a very positive start to the year"

Q3 Update

"Acquisitions will have a marginal positive effect on our 2020 results but should, together in aggregate, add significantly to 2021"


I'm expecting good news in the Q1 update (towards the end of April), I'll hold until then.

[peterlowen] 17/3/2021 16:46

We are nearly into April (1/4 .1)and still in lockdown, I think a better year is on cards,As we start to get back to work, the new "acquisitions of Pivot Technology Solutions, Inc. ('Pivot') and BT Services France SAS ('BT Services France')" will get a chance to improve. Just keep an eye on the contracts coming in....

[imastu pidgitaswell] 17/3/2021 16:27

Yes, that, plus some perception that much of the 2020 gain was one-off because of the pandemic. Particularly the WFH effect.

And it's not dirt-cheap anyway. Certainly not expensive - but I know a lot cheaper in terms of profit growth, earnings multiples and (sometimes) dividend yield.

[hatfullofsky] 17/3/2021 16:22

Sell on news

[trickyricky] 17/3/2021 15:54

Why the big fall today?

[hatfullofsky] 17/3/2021 12:28

At this rate we'll revisit 2100 before 2500

[hatfullofsky] 17/3/2021 12:18

14,500 buy just went through AMS still the price falls

[shanklin] 17/3/2021 11:48

That's certainly the most positive part of the RNS.

Obviously the pandemic has massively disrupted their target markets, some positively and some negatively and its not unreasonable that its all a bit up in the air currently.

Given its P/E, I would just like them to be confident about achieving strong profit growth.

[martinthebrave] 17/3/2021 11:41

Sounds decent to me.

"...we feel the opportunity for progression this year, while not certain, is real. We have come into 2021 with solid momentum and have experienced a very positive start to the year. As always, we will give an update to shareholders in our April statement..."

[shanklin] 17/3/2021 10:12

Having read the FY results RNS in more detail, CCC really do not commit themselves to any significant profit growth in the short-term, almost as though 2020 was an aberration.

As you say, £25 would be nice.

[peterlowen] 17/3/2021 09:59

CREDIT SUISSE CUTS COMPUTACENTER TARGET TO 3,153 (3,176) PENCE - 'OUTPERFORM'

£25.00 would be nice :-) let alone £31.53

[boadicea] 16/3/2021 14:52

Results well justify the current price and leave room for appreciation. Another attempt to break 2500p should not be far off with a better chance of holding it this time.

[its the oxman] 16/3/2021 09:30

Can't believe were not higher , hopefully ccc will climb over rest of the week, new targets anyone?

[its the oxman] 16/3/2021 07:58

Management seem to operate with good degree of caution re outlook, but trading has clearly started well, suggests April trading update will be another positive one and 2021 another year of decent progress imho. Be good to see forecasts and price targets nudged up yet again.

[imastu pidgitaswell] 16/3/2021 07:55

Isn’t it easier just to compare the share price with earnings per share 🤓

[farnesbarnes] 16/3/2021 07:55

Its the PE of 21 I think which is unfair. For a company whos just done 48% earnings growth, why not higher. Even 25 would be conservative.

Earnings growth and rerating. GARP city surely. I'd like to see a crack at 25-28 quid in the next few months.

[olivert] 16/3/2021 07:54

Thanks Imatsu pidgitaswell

New Calculation = PAT £200.5 x .81 = £162.4m / 114m = 1.42 x 20 = New share price around £28.49.

Here we go!

[peterlowen] 16/3/2021 07:50

Just for anyone interested in their government contracts:-

[hatfullofsky] 16/3/2021 07:46

Will we see 2500 today ?

[imastu pidgitaswell] 16/3/2021 07:46

1033 - no you have to look at profit after tax for considering earnings multiples

The134p eps is correct