Share Name Share Symbol Market Type Share ISIN Share Description
Softcat LSE:SCT London Ordinary Share GB00BYZDVK82 ORD £0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -15.00p -2.02% 728.00p 725.00p 726.00p 750.00p 720.00p 742.00p 660,047 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 1,081.7 68.1 27.9 26.1 1,441.08

Softcat Share Discussion Threads

Showing 2951 to 2975 of 2975 messages
Chat Pages: 119  118  117  116  115  114  113  112  111  110  109  108  Older
DateSubjectAuthorDiscuss
18/10/2018
10:59
Berenberg today reiterates buy rating and 900p target price.
mfhmfh
18/10/2018
09:29
Softcat’s analysis http://bit.ly/2ErTHCN
walbrock82
17/10/2018
16:27
The market has today delivered a verdict not so much on the performance (excellent) of the company as on the unjustified expectations of investors. As said in a preceding post, a slight pause in an exceptional growth rate had already been flagged and today's figures and outlook are quite consistent. We have merely lost a bit of the froth and the price now looks quite reasonable as a base for steady progress. Any further significant drop (relative to the background market) could be a sensible entry or accumulation point imo.
boadicea
17/10/2018
15:03
The slowdown was also clearly sign-posted before today. Broker forecasts before today were eps growth 35.1% for FY18 and 6.1% for FY19. (stockopedia) Are we saying investors woke up this morning and realised new forecast growths are below those announced and started selling out? when this was clearly sign-posted? Hmmm
ramridge
17/10/2018
13:22
The outlook statement, whilst positive, is quite rightly cautious at this early stage & simlilar in tone to last year. Yes, customer growth has slowed slightly, but was more than offset by the surge in gross profit per customer. Poor reaction today, but with 52 consecutive quarters of revenue/profit growth, a large net cash position, and a proven record of under promising & over delivering, I believe their sector premium is justified.
xajorkith
17/10/2018
12:52
Softcat results look impressive. However, management fails to provide a meaningful outlook to shareholders. So, they refer to the brokers forecast for guidance. Management telling investors that the outlook looks encouraging isn't enough.
walbrock82
17/10/2018
09:36
There's absolutely nothing wrong with the results delivered but the market looks forward. 'Strong comparatives' mean the growth rate will slow which is normal when a company gets bigger. I've always thought the valuation here was stretched but it had strong momentum. Today is just a bit of a reality check. ~20x forward earnings would be fair value IMO.
f15jcm
17/10/2018
09:33
the presentation to analysts: hTTps://www.softcat.com/assets/uploads/investors/assets/uploads/17.10.18_Softcat_Analyst_Presentation.pdf
jurgenklopp
17/10/2018
09:18
The following excerpt from the RNS today shows margins are improving: "Adjusted operating profit increased by 36.9% to £70.5m. This exceptional performance reflects the record growth in gross profit, driven by buoyant market conditions and our strong competitive position to capitalise on the opportunity presented. The Company will continue to make large investments in sales, technical and operational capabilities to target further market share gains and profit growth. Adjusted operating profit as a percentage of gross profit continues to be our primary measure of operating efficiency, and this metric increased to 40.2% (2017: 37.8%). This increase reflects our ability to drive efficiency from the operating model in the short term to satisfy the exceptional demand we saw in the market. But we anticipate a reduction in this metric in 2019 back towards historic norms and trends as we continue with our investment strategy. Adjusted operating profit margin to sales increased to 6.5% (2017: 6.2%)."
jurgenklopp
17/10/2018
09:08
What this suggests to me is that people are still taking money off the table, and maybe the market sell-off is not over yet. We may have more nasty surprises in days ahead. Hope I am wrong.
ramridge
17/10/2018
09:01
@ramridge - last year must have been an exception, apologies. Certainly the vast majority of updates this finishes down.
smokybenchod
17/10/2018
08:51
smokybenchod - sure about that? last year full results were on 18/10/17, share price closed 6% up. My take is that the share price has been very strong, up 12% in the last 3 days, running against the severe market sell-off. So the news is already priced in and this looks like profit taking. There is nothing that I can see in the results that warrants a 9% fall.
ramridge
17/10/2018
08:44
down almost 10% on great, positive news. This market is so unpredictable. How do you explain that drop other than profit taking? Have to be so careful
ojh2kent
17/10/2018
08:41
@toyin, i wouldnt pay too much attention to number of customers, yes we all want it to rise, but in reality its better to have less growth in these numbers *if* the size of your customers is larger and GP per customer is far greater which seems to be the case here. It's all very well getting thousands of extra customers, but if you're just gonna flog them a few mice and keyboards you may as well not bother.
smokybenchod
17/10/2018
08:40
Let's hope so Benchod, as I opened an sb at 732p. Should have waited a bit but hey.
runthejoules
17/10/2018
08:34
@runthejoules, ive held since the IPO. Softcat is one of those stocks that is *always* down on results day without fail - an element of "sell on the news". It always recovers however over the next few months and then some!
smokybenchod
17/10/2018
08:15
Softcat only sell in the UK and Ireland so protected from Brexit imvI think it will take a bit of time to pick up again when the analysts get briefedThe more offices they open the bigger the growth plus they can get into enterprise accounts as they only play in SMB market, I think
shareholder7
17/10/2018
08:12
Profit taking. Like someone said, it's overvalued against CCC and growth will inevitably slow after an 'exceptional' year.
f15jcm
17/10/2018
08:12
Only added 4.7% customers. The beat was in the price, I guess the market doesn't like the slow down in customer growth.
toyin
17/10/2018
08:10
Brexit uncertainty implications?
ihatemms
17/10/2018
08:09
Why down??
runthejoules
17/10/2018
07:25
Another superb set of results with upgraded eps comfortably beaten, 73m cash & a 24p final / special dividend. “Our long-term strategy of growth through sustained investment means we remain well-positioned to keep pace with the accelerating needs of customers.”
xajorkith
17/10/2018
07:12
Excellent results. Looking forward to £9 per share. Growing dividend is also very pleasing
chrisgail
17/10/2018
02:21
johnthespacer, maybe you should put a call in to find out what happened to your quote. While you’re at it, you might want to review your spelling and punctuation. This isn’t Yelp. No one needs your asinine review.
sholders
16/10/2018
19:37
Well i called softcat about a month ago asking for lisences for my business computers... I needed windows and also office lisences for about 5 workstations I told them i was a shareholder so to keep the quote keen... they said no problem but i never got a quote and they never got back to me... that's a worry for me...
johnthespacer
Chat Pages: 119  118  117  116  115  114  113  112  111  110  109  108  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20181022 20:19:40