Sage Share Discussion Threads

[kpe] 27/1/2021 12:19

I can't believe this share still exists......in the 80s/90s this was the only accounting software with its moat that nobody could touch due to the company's size and the cost of setting a competitor up. Now we have numerous cloud based accountancy software companies which are easier to use, cheaper and work quicker. Accountants are steering away from sage.Most share holders have never used sage or compared others. Just spent 15mins on the phone to sage to confirm a cancellation which should have been done in November. Not good.

[energeticbacker] 25/1/2021 10:33

The balance sheet at 31 December 2020 remains strong, with cash and available liquidity of £1.2 billion. Investor's Champion anticipates strong progress in 2021.

Check Investor's Champion's latest Blog: Online platforms have proven themselves over a testing period and should continue to do well as the move online accelerates. #koo #ltg #sge #zyt

[brummy_git] 21/1/2021 09:03

New financial forecasts here.

www.linkedin.com/posts/paul-hill-a5994116_sge-activity-6757927532072366080-_gz7

[blackdown2] 21/1/2021 08:41

Agreed. In the medium term, possibly a takeover target for someone like Infosys.

[davwal] 21/1/2021 07:51

A good update in the circumstances which should create positive momentum.

[essentialinvestor] 14/1/2021 17:30

Will add if this dips again.

Did not anticipate today's rapid rebound.

[contrarian joe] 14/1/2021 16:33

Out all-day fri will put an order in & see how it plays out.Have just bought some CLDN more for it's discount than it's performance.

[essentialinvestor] 14/1/2021 15:44

I did!, only a small amount unfortunately.

[contrarian joe] 14/1/2021 15:33

Would of grabbed some if I'd been quick enough.

[essentialinvestor] 14/1/2021 14:24

If the price was the revist this morning's low point,

that may be a decent entry point- provided trading continues in line.

[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.