Softcat Share Discussion Threads

[ianguerin] 09/12/2024 22:11

Over what period were the millions of shares sold, as it's not apparent from this month's trades? Were a few thousand only sold to cover the tax liability of exercising the option?

[my retirement fund] 08/12/2024 16:43

Seems like the CEO & directors like being awarded then selling millions of free shares here!

[ianguerin] 02/12/2024 10:05

UK Buffettology purrs over Softcat
Impressive growth rates at IT reseller Softcat (SCT) make it the type of business Sanford DeLand manager Keith Ashworth-Lord ‘likes to own’.

hxxps://citywire.com/funds-insider/news/expert-view-dr-martens-softcat-sse-eco-animal-health-foresight-group/a2455561?page=2

[ianguerin] 19/11/2024 08:45

Dividend diversifiers: Two income stocks you won’t find in many funds (SCT is one of them)

hxxps://citywire.com/funds-insider/news/dividend-diversifiers-two-income-stocks-you-won-t-find-in-many-funds/a2454591?re=125846&refea=1738689&link_id=1759212

[ddubzy] 29/10/2024 10:08

Nice continued rise following those great results along with a 39p divi for those holding next week, lovely!

[ben750crow] 24/10/2024 08:33

Fantastic news, a great performing share.

[siggs44] 24/10/2024 07:17

Fantastic. Hopefully uptrend from here!

[siggs44] 24/10/2024 06:23

Great results and lovely dividend.

[ddubzy] 17/7/2024 11:45

Pretty amazing how a single broker can control a share. Assume they sold out before the downgrade and ready to buy again soon! Who says the markets not rigged!

[seanyboy] 06/7/2024 17:07

Don't know enough about this company even though pretty well invested - quite a speedy turnaround from Jeffries but could also represent an entry point given a little time for the dust to settle In the absence of any neg news from company or brokers I will add a few more

[sharw] 06/7/2024 10:37

The market seemed shocked by Jeffries - after all there are 13 other brokers covering. I think this was partly due to timing - just 5 weeks after Jeffries raised the TP from 1800 to 1950 and reiterated 'buy' following SCT's Q3 trading update. The other factor in the shock was the size of the drop - 1950 to 1490 is not far off a quarter.

The only further detail I could find was here:

www.sharecast.com/news/broker-recommendations/jefferies-downgrades-softcat-to-underperform--17040566.html

[allan08] 05/7/2024 09:27

Downgrade by Jeffries. Target price of 1490p

[slogsweep] 05/7/2024 07:48

anyone know what caused the drop?

[ben750crow] 26/3/2024 11:30

Another good set of results, excellent company!

[seanyboy] 26/3/2024 10:17

I iz luvin SCT - once market regains full confidence this stock will fly

[siggs44] 26/3/2024 09:57

Another set of good results

[ddubzy] 24/10/2023 08:16

Indeed, heavily down, but took advantage and added on that crazy drop.

[siggs44] 24/10/2023 08:02

Total over reaction - crazy.

[martywidget] 14/7/2023 06:14

"Citi analyst Balajee Tirupati upgraded Softcat Plc from Neutral to Buy with a price target of GBP 16.00 (from GBP 12.50)."
July 13, 2023 4:19 AM EDT

[trident5] 13/7/2023 21:10

Back down tomorrow

[mngf] 13/7/2023 19:10

Upgrade from citi

[siggs44] 13/7/2023 08:17

What's up?