Craneware Share Discussion Threads

[undervaluedassets] 07/10/2020 08:31

Hmm .. a quiet thread (which I like)

toe in here..

Good look through earnings
Brexit proof
pays a modest div
No debt
decent cash on the books
last results solid
Becoming must have for american healthcare institutions.

[undervaluedassets] 06/10/2020 06:57

tempted...

Am brought here by EMIS ... (which I hold) which is sort of the same thing but not

Someone give me the bear case here.. I need my enthusiasm tempering.

[energeticbacker] 21/9/2020 18:07

Resilient as ever and loads of visibility
Featured in Investor's Chamoion's latest update

[jonut] 21/9/2020 10:34

Full year figures today, much as expected.



Slight nudge up in revenue/ebitda. Considering the customer loss last year and Covid this year, quite a reassuring set of numbers. the forward revenue figure of 200m over the next three years is a solid foundation for further progress.

Added to my over weight position, heyho.

[hew] 08/7/2020 12:53

nailen, given the TU, might you share anything re the basis for the Shares Mag tip?

Flat numbers no surprise in the circumstances. I took a view a little while ago and from the TU I'm now particularly noting Neilson's outlook being "optimistic". (Rather different to being "confident"!)

[zipstuck] 08/7/2020 07:35

Sales visibility was 72.2 at interims in March vs 71.4 at full year.

[nallen1] 12/6/2020 10:00

Tipped in shares magazine this week

[typo56] 01/5/2020 14:59

Looks like there's a keen seller this week.

[murdonix] 20/4/2020 08:24

Craneware breaking out now could see big upside this week time to add, big beneficiary of the changes that are being implemented

[norbol] 16/3/2020 14:49

It seems perverse that, at a time when accounting and billing in US hospitals is likely to ramp up significantly, Cranewear's share price should be falling. Is it not rather likely that sales of software and associated support would be expected to increase?

[hew] 03/3/2020 18:23

Just holding station at the Interims, but a decent enough outlook IMO.

Peel Hunt reiterates buy with a target price of 3,000p

Anyone have any details? I guess Simon T will pass some on in his comments soon.

[molatovkid] 14/2/2020 12:45

Bounce next week!

[molatovkid] 24/1/2020 20:08

Bounce next week!

[melody9999] 24/1/2020 10:33

Ok so I have had a close look at the numbers following yesterdays TU.

In summary, new sales are strong but the loss of a large customer means H1 20 revenues will be flat cf 2019. However new sales momentum augurs well for the future, and allows our company to state it will meet 'market expectations' for the full year.

My sense is to give the company the benefit of the doubt here because all businesses lose customers from time to time. However as long as the product is in demand - which it is here - then we should see things improve over time.

Stockopedia has 2020 FY revenue forecast at 76.5M. If 2020 H1 was at 35.8 (as per 2019) then H2 needs to come in at 40.7M - very possible if 30% new sales is maintained without further loss of customers I suspect.

Does anyone else have 'market expectation' figures they could share?

[jonut] 26/11/2019 19:47

Surprised that there have been no holding RNS's in November, considering the regularity of 5/6 and, occssionally, 7 figure trades (£), buys & sells. The afterhours trades tonight are a point in question; the price holding steady despite the quantities going through. These figures from the HL website.

Buy / sell
VolumePriceValue

Sell 3000 2,590.00p £77,700.00
Sell 236415 2,590.00p £6,123,148.50
Sell 941 2,581.00p £24,287.21
340 2,590.00p £8,806.00
Sell 528 2,590.00p £13,675.20
Sell 340 2,590.00p £8,806.00
Sell 340 2,590.00p £8,806.00
Sell 2197 2,590.00p £56,902.30
n/a 28710 2,590.00p £743,589.00
Sell 465 2,590.00p £12,043.50
Sell 86415 2,590.00p £2,238,148.50
Sell 20000 2,590.00p £518,000.00
n/a 41216 2,590.00p £1,067,494.40
Sell 480 2,590.00p £12,432.00
Sell 3000 2,590.00p £77,700.00
Sell 3000 2,590.00p £77,700.00
Sell 309383 2,590.00p £8,013,019.70
Sell 200 2,560.00p £5,120.00
Sell 200 2,560.00p £5,120.00
Sell 200 2,560.00p £5,120.00

[murdonix] 12/11/2019 07:36

Fantastic appointment in Will Whitehorn who is an expert in managing risk and has spoken on several occasions how IT departments could massively benefit from understanding what he has learnt in years at the top of transport risk management

[mw8156] 11/10/2019 09:35

Quetor says 'hold' for IHT portfolios despite the gyrating share price.

[jonut] 06/10/2019 11:37

The last holdings rns was from CGG and reduced their holding to ~9.9 from ~10.9%.

From the Craneware website:

Shareholder Number ofOrdinary Shares Percentage of Issued Share Capital
Liontrust Asset Mgmt. 3,479,620 13%
Keith Neilson 3,382,647 12.7%
Canaccord Genuity Group 2,737,005 10.3%
Gordon Craig 2,379,518 8.9%
Sanford DeLand Asset Mgt 1,274,605 4.8%
AXA Investment Managers 1,045,556 3.9%
Ballie Gifford & Co Ltd 896,479 3.4%
Derek Paterson 884,758 3.3%
Directors Holdings
Craig Preston 82,103 0.3%
George Elliot 10,000 0.04%

“Never doubt yourself and be patient” 19 July 2017. Sanford DeLand Asset Management’s Keith Ashworth-Lord

[melody9999] 04/10/2019 23:40

Interesting vote of confidence from Keith Ashworth Lord in the latest Buffettology monthly fact sheet.

"Craneware was the standout performer, up 40.1% as the share price recovered
from the drubbing it took in late June. In the intervening months, I had increased our share holding by over 14% having been satisfied that the company's
recent travails would be short-lived."

Well the share price has retraced since he wrote this, but he obviously has a positive view on CRW and future prospects.

[jonut] 01/10/2019 17:13

String of sells this afternoon brought the price down to £24.00 at 1600 hrs.

These two chunky buys at the death soaked up almost all the days turnover though.


16:28 - 01/10
Buy
45300
2,535.00p
£1,148,355.00
16:28 - 01/10
Buy
45300
2,535.00p
£1,148,355.00

[sogoesit] 03/9/2019 08:56

Yes, market appears to agree, melody.
So, good news after last update.

[melody9999] 03/9/2019 07:17

looking at fy headline results - all as signposted in the previous tu

going forward, this is encouraging

Outlook
· We continue to sign contracts with hospitals of all sizes and have had a strong start to the year
· Confident outlook, supported by strong sales pipeline

[hew] 28/6/2019 22:09

Gross over-reaction today. I'm holding and buying when I can release funds. A few months to recover no problem. Strategically I would have kitchen-sinked with the bad news today but have brighter news to release with the Results in September. Not that I was consulted.

[mammyoko] 28/6/2019 15:48

Multiple compression coming here. No idea how much but wouldn't surprise me to see a multiple of 20-25x forward earnings at some point over the next few months. That would involve a potential further 40% fall.

For the record, I bought a small amount today at 1925 on the chance of a bounce and will continue to hold and add when and if the price stabilises. I think there are good long-term prospects but, in the short-term, expect further weakness