Softcat Share Discussion Threads

[battyliveson] 15/2/2018 13:16

Topped up yesterday. Chart looks to be pointing in right direction after a period of consolidation. Backed up by a good update recently.

B

[andygibb101] 06/2/2018 08:13

Great update and great company, shame about the wider market taking a beating.

[battyliveson] 29/11/2017 07:52

TU seemed confident enough. I will hold. Good ROCE business with good momentum. I would like to see profit margin increase before topping up.

Batty

[ostrading2] 16/11/2017 17:21

Director buy today. New CEO will try and bump sales even higher I feel. Let's see what November's trading update reveals!

[3rd eye] 09/11/2017 10:42

SCT Softcat (tech Infrastructure) previously mentioned, on the brink of a breakout. Forward P/E to 2019 just over 22 historically in high 20s. Govt pushing Infrastructure spending should help the companies growth. 😃😎

Strong volume as lifted the share price

[mfhmfh] 01/11/2017 10:25

ex-dividend tomorrow

[mfhmfh] 30/10/2017 10:37

goes ex-dividend (including special dividend) this Thursday 2nd November.

[mfhmfh] 24/10/2017 18:23

huge buys today

[middlesboroughfc] 24/10/2017 17:54

everyone moving into MGP

[mfhmfh] 24/10/2017 10:43

From 23.10.17:

Jeffries International upgrades to buy from hold with target price of 565p.

[justfactual] 19/10/2017 07:49

The strategy is to manage expectations. Under-promise, over-deliver.

For 'quite buoyant read 'very buoyant'.

Plenty of upside to come.

[mfhmfh] 18/10/2017 18:29

This was the outlook statement from last year's final results:

'Trading during the first 10 weeks of FY17 has been satisfactory.'

[arcadian] 18/10/2017 16:33

You could be right. I have no problem with a different take on the comment. A lot of buyers share your view and bought SCT today..

[valhamos] 18/10/2017 16:22

"We are where we would like to be" is very encouraging to me. I take it to mean trading in line with their expectations. Plus see other positive comments mentioned earlier like "the market for what we do feels quite buoyant."

[arcadian] 18/10/2017 16:17

toy

The results were in line and OK but they are ten weeks in and I would have expected a more encouraging comment than this......

Outlook

Our financial year starts on August 1(st) and as I write this we are approximately ten weeks into the new year. It's very early days and there is still all to play for but we are where we would like to be at this stage.

[shareholder7] 18/10/2017 12:22

Going on past performance this should go above the 4.70 mark in the next few days

[mfhmfh] 18/10/2017 12:03

buy rating re-iterated in today's IC.

[albanyvillas] 18/10/2017 11:35

looking fine

[mfhmfh] 18/10/2017 09:17

suggests momentum is good. IMHO.

[mfhmfh] 18/10/2017 09:16

I like this paragraph:

'If you just take the list of the top 100 VARs in the UK and put our turnover against the aggregated total, that gives us around six and a half per cent market share... That gives us at least 93.5% of the market still to go for. '

'Our sales force strength, the breadth and depth of our capability have never been better and there's great momentum in the company. Despite questions around the economy, our exit from the EU and public sector policy, the market for what we do feels quite buoyant.'

[toyin] 18/10/2017 09:02

Arcadian. How?

[arcadian] 18/10/2017 08:08

Downbeat re 18

[11023154] 18/10/2017 07:01

Misco big competitor going into administration

[justfactual] 17/10/2017 21:19

If they issue any kind of trading update with these results we could see the stock pushing 500p.