Softcat Share Discussion Threads

[devonwood] 29/4/2019 10:53

Compare the EPS to CCC.
SCT overpriced or CCC a bargain!

[mfhmfh] 28/3/2019 18:16

Looks like share price still in the rising channel but only just

[mfhmfh] 19/3/2019 19:45

high volume with nice rise

[mfhmfh] 19/3/2019 11:18

Great results IMO:

'The results reflect the Company's continued ability to gain an increasing share of the market, delivering both very strong profit growth and excellent cash generation.'

Operating profit up 40.4%

Interim dividend up 36.4%

Diluted EPS up 40.8%

'Added 620 new customers, with total customers up 6.5% (H1 2018: 597 / 6.7%)'

'Gross profit per customer growth of 18.7% (H1 2018: 14.5%)'

'The Company remains debt free with a cash balance of £52.8m'

[smokybenchod] 19/3/2019 08:34

Then again - what do I know!

[trickyricky] 19/3/2019 08:25

Great results and market reaction! I particularly like the fact they only have 6 per cent of the market.

[smokybenchod] 19/3/2019 07:54

Excellent numbers although I suspect market will focus on outlook which has now gone from materially ahead to marginally ahead of expectations

[mfhmfh] 18/3/2019 14:50

50 day MA about to cross 200 day MA. rising prior to results tomorrow.

[sigod] 15/3/2019 19:02

You could be right there Trickyricky. I've been caught out quite a bit with some of my portfolio recently when trading updates have been announced, expecting big rises on good results only to be disappointed. However, as you say there is the possibility the results could be exceptional in which case I wouldn't rule out another significant spike in the share price. All will be revealed next week but whatever happens it's been quite a ride over the last couple of months!

[trickyricky] 15/3/2019 14:33

Great rise from the recent lows. Given this, would not be surprised that it falls back on results, no matter how good they may be.

[sigod] 14/3/2019 17:44

Now through 800 and looking really strong. Trading update was published on 9th January to cover the period up to the end of January so no reason to believe the results won't be anything but positive. Very tempted to load up on a few more. Good luck for next week everyone!

[mfhmfh] 14/3/2019 11:21

approaching 800p

This from the trading update in January:

'As we approach the end of our first half, we are now materially ahead of where we expected to be at this stage of the year.'

Results on 19th March.

[trickyricky] 01/3/2019 14:00

Great recovery in this share since the start of the year

[njt1] 24/1/2019 17:13

700 acheived good , bought at high , muppet i am , new to all this , didn't see the fall coming despite the little clues

[mfhmfh] 24/1/2019 10:00

can share price somehow break this 700p barrier...then onwards to 800p hopefully.

[shareholder7] 11/1/2019 13:38

It was an opportunity to buy yesterday The market makers don't know how to play this share. Computer Centre was down yesterday which might have pulled Softcat down as well. CC has big exposure to Europe so I don't think they are in the same market space.Consistent growth quarter on quarter with possible plans to open more offices and a great sales model, it will hit new highs eventuallyThe only think to pull this back is a general collapse of the market which could happen but for now enjoy the ride

[tallprawn] 11/1/2019 11:54

Looking good for a short-term run up to 800p easily from here.Healthy pull back yesterday - Should see a run of blue days now.

[twistednik] 10/1/2019 17:32

Yes, large red engulfing candle today and closes below yesterday's breakout level. Any trapped traders may be looking to close so we could see a gap close as it re-traces.

[mfhmfh] 10/1/2019 14:21

surprised at the fall today

[ojh2kent] 09/1/2019 10:50

huge rise of what is essentially them repeating the fact numbers will be ahead of expectations. No complaints here. Back up where it should be. £10 in next 3 yrs easy (once brexit mess is sorted)

[mfhmfh] 09/1/2019 10:49

a deserved rise and plenty further to go IMHO.

[trickyricky] 09/1/2019 10:17

Nice rise!

[mfhmfh] 09/1/2019 07:24

Back to 800p hopefully

[trickyricky] 09/1/2019 07:11

Excellent trading update this morning. Materially ahead of expectations.