Computerland Uk Share Discussion Threads

[robbiegoodwin] 30/4/2007 16:28

Trading statement reads "results will be broadly in line with market expectations". Although I do not expect anything bad in the results we have yet again an open ended statement causing confusion and price weakness. Anyone agree?

[maksud] 18/4/2007 16:42

yes bloody to cheap.also year end ts expected.

[robbiegoodwin] 13/4/2007 12:09

Just over two weeks until the yearend, any thoughts?

[like2share] 02/3/2007 13:08

This thread has gone quiet.

CR - MMs are still paying a premium to the bid.

Chester - they look like they will close around 200p today.

Just a reminder of why we were all buying during December...


Thanks to Motley Fool for the article.

[chester] 23/2/2007 13:08

I'm back into these now. If it closes around 200p today the chart will look nice.

[cockneyrebel] 22/2/2007 15:27

time to bounce imo MM's paying a premium to bid

CR

[redissue] 10/1/2007 01:19

We seem to ave recovered from the PR blunder now, starting to test previous highs prio to special dividend

[ntv] 04/1/2007 20:35

ticking up again

[ntv] 17/12/2006 20:55

no follow through from the article though

[ntv] 14/12/2006 19:20

positive update in ic

[robbiegoodwin] 13/12/2006 10:39

It would be nice to inform the market the reason for the share sale. A quick note would save all the confusion surrounding such issues. A call to Max Clifford to give them some PR tips?

[ntv] 13/12/2006 08:00

didn't the directors read my post i said buy not sell :-(((

[redissue] 13/12/2006 00:06

Directors buying - hmmm, maybe selling, these guys just dont get it, not even an explanation, do they have PR ?

[ntv] 08/12/2006 17:11

quickmind
sorry not trying to shoot you down
i agree CR valuation method is different than both of ours

i am happy with the pe ratio as it stands and the dividend
more of the same to come i think
xan had irs results out today and by any method cpu is UV compared to them
look at TO and profits
though it is a much bigger company and it's contracts are larger andover longer time frame
cpu would make a nice fit to xan but imho outsourcing is growing as more companies look to cut costs
so i guess cpu and xan can survive independently with plenty of work for both companies

[ntv] 08/12/2006 10:42

will add on any significant pull back if nothingelse but for the divi which is unusual for me

[ntv] 08/12/2006 10:41

xansa is a similar company but valuation is way higher than cpu's
surely cpu has to be a bid tgt for them

[ntv] 07/12/2006 17:35

quickmind
i can understand were you are coming from but the fact the company doesn't pay any interest as far as i can see
it only quotes interest receivable
to call it ex growth is incorrect imho
personally i like this company and think there is more growth to come
and they are not wasting there cash on acqisitions which will contain loads of goodwill to bung up the balance sheet
i like the story so far and the fact there are not to many people on board yet
patiece will be rewarded and i look forward to the results 6 months or so down the line
a 4% divi for a growth stock is nice but i would like to see it valued on a pe of 14 ;-))))

[maksud] 07/12/2006 15:08

quickmind can you explain further what you mean.to me a company with cash balance of 8m and pbt around 2-3m and the mcap of 20m is to cheap.not to say they paid a special divi last year of 2m.
can you find me any cashcows like these i want to know.
how can you produce t/o growth and profits of over 25% in ex-growth stock.

[perfect choice] 07/12/2006 13:41

CPU are certainly not in an ex-growth sector. IT hardware maintenance service may be but outsourcing is certainly a growth area with good margins especially in the medium enterprise market. I know CPU and work in this sector (but not for CPU) and as for outsourcing goes, my company has never been busier.

For the record I don't own shares in CPU right now but they are now on my watch list.

[quickmind] 07/12/2006 12:20

I think the Strip-out-Cash valuation is spurious. This could be particulary misleading for newbies. Without the £7M or so cash, the company couldn't meet its current liabilities and would be in Negative Equity (shareholders' equity be £4.4M, of which £940k is Intangible assets.

To be fair the current price offers good value, but don't delude ourselves - CPU, while doing a good job at the moment, is operating in an ex-growth industry. Margins pressure won't go away any time soon.

[cockneyrebel] 07/12/2006 12:04

Very nice reaction today but I suspect more to come.

I doubt many have looked at the result and sussed that £7m net cash is over 30% of the market cap. Likely to get press tips after these results too. Way too cheap. I remember seeing these post great results 3 - 4 years ago and the things reacting like this - then trudged up for days afterwards, relentless. 250p looks well possible over the short to medium term imo.

CR

[shanksaj] 07/12/2006 11:42

Looks like the full year dividend will be at least 8.5p, half a p more than I assumed earlier.

[spinvest] 07/12/2006 09:06

Yep, I added 2500 but just missed the £1.95, damn shame.