||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Sanderson Share Discussion Threads
Showing 301 to 320 of 325 messages
|With lots of delightful recurring revenue and strong cash generation supporting a growing dividend the valuation remains compelling at current levels.|
|Solid update. Excellent management that delivers.|
|Share price showing a bit of strength of late and fairly recent news such as this can only help:
|Yep. Nothing else obvious|
|Markie7 - just a guess but I would say it was simply a lack of sellers. This is only a £40m mkt. cap. with NMS 1,500 so easy to become illiquid.|
|No idea Markie7 but you would have to think that the current and predicted boom in E-commerce sales would be great news for the likes of SND which assists retailers, manufacturers and distributors set up and manage their e-commerce operations.|
|What's happening here?|
|Thanks GHF, appreciate the courtesy, Regards Maddox|
|I'd been building a small position in SND but sold out today on the back of KBTs trading statement this morning.
"...trading in December, a key selling period, has not been as strong as expected, reflecting a softening in market conditions. Given the lengthening sales cycles around larger deals and the accelerating industry shift to cloud-based consumption, management now believes it prudent to expect that EBITDA (pre-exceptional items) for the full year will be approximately £3.5m less than the originally anticipated."
May well be company specific but as I'd only a modest position I'm erring on the side of caution & taking my profits.
Flagging merely as a courtesy to other investors as I hadn't posted on the thread prior to today.
|Good to see section action today.|
|Full year results in line with the pre-close trading update. With lots of recurring revenue offering decent visibility the business looks in great shape.
The share price has staged only a modest recovery since the post Brexit sell-off and the valuation looks interesting at current levels, underpinned with net cash and lots of delightful recurring revenue.|
|Dipped my toe in. Looks interesting to me but a bit more research to be done before adding.|
|The sharp sell-off in the share price post Brexit is a bit of a mystery,perhaps ‘the market’ was concerned about the Group’s exposure to the under-pressure UK retail sector!
Sanderson has a robust balance sheet with net cash of £4.3m, is highly cash generative and has lots of delightful reliable recurring revenue, what more can one ask for!|
|Excellent trading update making a mockery of the recent weakness in share price in my opinion.
|Any idea what the currency exchange impact will be here?|
|I should probably waited for 64p resistance before topping up instead of stumping up 68.5p for a top up. Either way I think this will bounce pretty soon.|
|lol and greatly received! PleaseD to be on such an informative BB!|
|Really positive article in IC by Simon Thompson today entitled "Sanderson order book surges"
The following excerpt is especially for you PJ 1 :o)
'Secondly, forward guidance from chief executive Ian Newcombe is pretty upbeat as he points out that “whilst the board continues to adopt a cautious approach, the very strong order book and healthy balance sheet, together with an extensive list of sales prospects, provide a good level of confidence that the business will continue to make further progress in the full-year.” The company has a habit of being notoriously cautious in its guidance which skews the risk to the upside when it subsequently over delivers, so this upbeat trading outlook is well worth noting. It also suggests that having posted a 7 per cent rise in operating profit to £1.47m in the period then analysts expectations of a 9 per cent rise in pre-tax profits to £3.46m in the 12 months to end September 2016 looks firmly on the cards to produce a double digit rise in EPS to 5.6p and support a near 10 per cent hike in the dividend per share to 2.3p. The first half payout was raised by 11 per cent to 1p.'|
|Panmure Gordon have also increased their target price for Sanderson to 107p from 87p for what it's worth.|
|I have had a holding here since 2010 when I felt confident they were on the road to recovery but it was a Company I had followed well before that ever since their involvement in football shirt sponsorship as far back as the early nineties.
They very rarely exceed market expectations, but having said that they have not disappointed either in the last 5 years or so therefore as I intimated before they are an investment to just sit tight with and chill out!
You may be already aware of this but Simon Thompson is amongst Sanderson's admirers so no doubt he will get around to providing an update on the results in due course, good luck PJ 1.|