Sage Share Discussion Threads

[essentialinvestor] 14/1/2021 13:19

Well ahead for tbe day with the XD now.

[maddox] 14/1/2021 11:37

Hmmm good question. In fact they don't seem to have spent a great deal considering the scale of the transformation. The cash generation has been phenomenal. They have disposed of business areas such as payment acquisition and now sold their geographic businesses that do the ERP implementation. This will reduce the revenue in the short-term but widen margins longer-term. The margin impact is masked by a re-investment in marketing spend and SaaS transition. They now have a lot of cash.

[contrarian joe] 14/1/2021 11:23

Agree on the quality of the Business Maddox.My concern is management!!,going back over the last 5yrs the eps is consistently littered with exceptional's,top line is growing have management deployed their capital poorly/.

[bookbroker] 14/1/2021 11:04

Could be a good time to strike, already halfway through re-organisation, selling off non-core assets, high cash balance, weak share price, hopefully on the backside of Covid, much of damage done to small businesses. That may impact on earnings but subscription, cloud based business will enable sizeable benefits to be achieved.

[kevraff] 14/1/2021 11:00

Topped up again this morning. Sage will be back to 700+ may take a year but fundamentals still sound to me.

[maddox] 14/1/2021 10:50

SGE rarely gets into 'value' territory. It's a high quality firm but still going through a major transformation and currently suffers from negative Broker sentiment. So very much looking like one for you Contrarian Joe.

I'm a long term holder and I can see a strongly positioned, cloud-based growth business emerging.

[essentialinvestor] 14/1/2021 10:41

Plus points- highly cash generative, debt reduction and potential

for buy backs.

The outside possibility that Sage will be bid for.

[essentialinvestor] 14/1/2021 10:35

Main issue is if you look at earnings over the laxt 10 years,

there has been very little growth.

[contrarian joe] 14/1/2021 10:33

Looks expensive on current earnings,some support zones 533,523,will buy around those levels on the grounds that they've historically done well from those levels & market might start to price in growth coming through 2021/22.

[gswredland] 14/1/2021 10:27

Went long at 586 but stopped out this morning
Love it to hit 525!
Fine over longterm and will probably buy rather than spread bet

[bookbroker] 14/1/2021 09:56

There is a gap to fill, possibly, from last spring in the 525p bracket. Pure technical on that standpoint, but looking at the candlestick chart it is a bit vague!

[c0cky] 14/1/2021 09:51

Yes looking to buy down here. But maybe 520 will be a good start. Ridiculous price action recently!

[battyliveson] 14/1/2021 09:28

Getting into good value territory, especially as 2% of todays drop is ex-div day. I am holding for a return to £7 over next 12 months.

B

[bookbroker] 14/1/2021 09:28

This company really does need to get its act together, absolutely shocking performance even if client base has been pulverised by coronavirus restrictions.

[brummy_git] 21/12/2020 11:26

New commentary here

www.linkedin.com/posts/paul-hill-a5994116_sge-saas-covid-activity-6746714137218359296-1q_A

[feyon47] 16/12/2020 18:23

Predictions for 2021 lads?

[oakville] 14/12/2020 15:25

As of Friday. !!!

[oakville] 11/12/2020 16:12

Looked at 9.30 this morning looked like 5.50..Some turnaround now heading for £6

[kilijarslan] 11/12/2020 15:51

Could it break from here

[davethehorse] 11/12/2020 09:02

Still think heading for 550p

[beerboy02] 09/12/2020 19:16

Some big orders filled after 4.30 should be a good day tomorrow

[maddox] 09/12/2020 15:27

andyj,

Many of the tech valuations are ludicrous and do you see them forever going in the same direction? On the other hand Sage's period of transition won't last forever - and I see an attractive growth company emerging.

Just MHO of course.

[essentialinvestor] 09/12/2020 14:52

Andy, absolutely.