Sage Share Discussion Threads

[lyntwyn] 27/9/2007 11:20

Notification of preliminary results date and period-end trading update

The Sage Group plc ('Sage') will announce its preliminary results for the year
ended 30 September 2007 on Wednesday, 28 November.

Sage will announce a period-end trading update for the year to 30 September on
Thursday, 11 October

[lyntwyn] 22/9/2007 14:06

Sage continued to rise on vague bid talk, up 6¼p. Although India's Infosys has ruled itself out, there is talk that the US groups Intuit or Microsoft may be interested. Results next month may be better than expected. (Times)

[maddox] 21/9/2007 23:12

Interesting investment strategy Cover, buy at the top sell at the bottom and slag-off your investment all the way.

Regards, Maddox

[w.bramley] 21/9/2007 15:28

Shares Mag (this week) 20th Sept - has Sage as a short term play. Target 280p in 6 weeks. (mid Nov)

[cover] 19/9/2007 17:33

never mind, lyntwyn! i did not buy 4 the bid anyway.if one comes, then all the more better! i still think its very undervalued, and wth all the positive news, sentiment now in SAGE.....think this will see the back of 250p level very soon!

[lyntwyn] 19/9/2007 15:59

Best sell up again cover, - no bid coming

Sage Group 248 down 0-3/4
Infosys Technologies reportedly denies bid

[cover] 19/9/2007 14:50

well i got back in today .............lol

[lyntwyn] 19/9/2007 09:10

17.09.07 :+6.75, (250) ahead in a falling market in what analysts called a late recovery from losses seen in the last six months. "The company's fundamentals really look quite good. There is of course some concern over its exposure to the dollar, but the share was hit excessively over the last 6 month as a results of concern of its US business," one analyst at a mid-sized brokerage said. Another analyst noted that the stock is a good opportunity at the moment and somewhat of a "safe haven" in a nervous market right now with no speculations attached to its name. "It's true that a lot of its revenues are quite defensive," another analyst said. Traders also pointed to a bullish note by Deutsche Bank, in which the broker said the "group should prove notably resilient if the current capital markets volatility undermines software demand". It reiterated its 'buy' rating and 305 pence target price. Meanwhile, the European Court of First Instance (CFI), has essentially upheld a landmark antitrust decision made by the European Commission in 2004 against Microsoft Corp, which accused the US software giant of abusing its dominant market position. While one trader noted that the ruling may effect Microsoft's "Great Planes" division negatively, which is in direct competition with Sage, another cautioned that "the Microsoft ruling has more impact on their ability to bundle Media Player into Windows than on their business applications division".

[cover] 19/9/2007 09:07

maddox, now its fsalling may get back in..............lol...........just need to find a good level!

[maddox] 18/9/2007 14:35

Bye Cover, missing you already........

Regards, Maddox

[lyntwyn] 18/9/2007 08:50

but cover, there's a bid coming! nah, I think your best out!!

Sage rises on rumour of interest by Infosys

While retail investors were stamping out of Northern Rock and Alliance & Leicester, a couple of institutions began to pick up shares in Sage, the FTSE 100's sole tech stock. Talk that a bidder, such as Microsoft or Infosys, of India, were interested helped Sage to close up 6¾ to 250p.

Sector-watchers were quick to dismiss the tales. Infosys serves large multinationals, not Sage's small business client base, and, although it is on the lookout for Western European acquisitions, such as LogicaCMG, down 1p at 155p, CapGemini or Atos Origin are seen as more likely targets.

Sage is scheduled to issue a trading statement at the end of the month and the talk is that this will be more positive than many expect, with signs of a recovery of demand in America.

[cover] 17/9/2007 10:57

lyntwyn, thanks , mate! ive sold!

[lyntwyn] 17/9/2007 08:52

cover, SGE up 2.6% this a.m. especially for you !


"Sage was the top riser, up 9-3/4 at 253, with Deutsche Bank issuing a bullish note on the group, saying it was one of its top picks in the IT sector." afx

[cover] 17/9/2007 07:50

maddox- lol u guys r never here during the week! surely u guys can take some time out and share some of your words of wisdom and knowledge with us!

[maddox] 16/9/2007 23:46

We're watching the rugby - its Sunday - give us a break the markets are shut!

[cover] 16/9/2007 15:51

WHERE IS ANYBODY?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[cover] 12/9/2007 15:19

i thought sage was supposed to weather the storm.lol cmon sge! pull ur pants up, and get a move on!

[cover] 12/9/2007 14:42

lyntwn............just got back in! and it goes lower.........lol

[lyntwyn] 12/9/2007 07:56

Sage Group to buy 70 pct stake in XRT for 30 mln stg cash; 1.67 eur/shr
LONDON (Thomson Financial) - Sage Group PLC said it will buy about 70 pct stake in France's treasury software solution provider XRT for 30 mln stg in cash, equivalent to 1.67 eur per share.

The accounting software specialist said it will make an offer to acquire the remaining outstanding shares of XRT from shareholders.

XRT reported revenue of 22.2 mln stg for the year to end December.

[cover] 10/9/2007 21:12

guess u were right, trader11!!!!!!!!!!!lol

P.S u wouldnt happen to know next weeks LOTTO numbers by any chance, wud you?!!!!!!!!!!!!!!!!!

[trader11] 10/9/2007 05:35

looks like mkts will fal today following japan

[trader11] 08/9/2007 21:24

mmmmmmmm


will it be affected by the credit crunch like the mkt and msy and log its peers are next week?

[lyntwyn] 08/9/2007 10:20

Bearishbull, yes that was a ride on the dotcom saga. I recall buying some "cheap" at £4 and making a tidy profit. Those were the days....Not to be seen again though methinks.

Todays Times:-
Sage Group is not only the sole technology stock in the FTSE 100, it was one of the very few yesterday to buck a plunging market on further credit-inspired jitters, The FTSE 100 dived 122.1 points to 6,191.2, driven down by worries about the US tipping into recession after official data showed US monthly payrolls falling for the first time in four years, hit by fewer jobs in the manufacturing and construction industry.

But volume was again fairly light as traders await results from the major global investment banks due over the next couple of weeks.

Sage was up 4¼p at 243p, partly inspired by an upgrade from UBS, which moved from "neutral" to "buy" with a price target of 285p. It has surveyed customers of Sage's Emdeon US medical software division and believes that concerns about falling demand from medical practices and possible glitches in the software are overdone.

However, it said that it had uncovered evidence that the group, whose core business is accounting software for small firms, had made only mediocre efforts to market its medical software. Sage recently lost its high profile chairman, Sir Julian Horn-Smith, citing a clash in culture and style with its Newcastle-based management.