Softcat Share Discussion Threads

[siggs44] 07/8/2020 10:42

A good article from Investors Chronicle today.
Bull points:
Robust trading since the coronavirus outbreak
Migration to Windows 10
Rise in Government spending

Berenberg's estimates say that Softcat holds around 3% market share so leaving signification room to expand.

What is there not to like about this share!

[u813061] 03/8/2020 15:14

Nice breakout today

[discodave4] 13/6/2020 15:20

Didn't expect it to keep falling either!

[discodave4] 08/6/2020 16:53

Pullback from recent high was expected but didn't expect sub £11.

[ddubzy] 08/6/2020 14:35

Mmmm, last weeks sale gone down well then. If only some of us could sell a few shares and bank £1.3m!

[discodave4] 08/6/2020 12:15

Thanks Mr Brown!

[discodave4] 04/6/2020 20:42

From today's Shares mag:'Peel Hunt also suggests IT reseller Softcat (SCT) couldcome out of the crisis in a much stronger position. It comments: 'With a well-diversified revenue split, including over a third coming from government IT spend and a large portion aligned to work-from-home tech vendors such as Microsoft and Cisco, structurally Softcat is better placed than most to navigate the potential headwinds to UK tech spending. This will see it being gifted a larger market share as recovery kicks in.'

[discodave4] 04/6/2020 09:13

Hopefully whoever wanted to get in is now in and this will head back up.

[discodave4] 03/6/2020 18:02

Not been doing too well since last update!, never thought I'd see it below £11 again.

[togglebrush] 17/3/2020 07:27

Interim's synopsis
‘
Company states results reflect another period of strong profit growth and excellent cash generation.
‘
Growth in most headline figures are up 20% (for Revenue through EPS)
‘
Interim dividend 5.4p per share,up 20.0%, paid 15 May 2020 ex-dividend on 2 April

[ojh2kent] 24/2/2020 11:51

Up and down like a yo-yo. Coronavirus?

[montyhedge] 18/1/2020 15:17

Always a bell ringing moment for me when a director sells.

[trident5] 17/1/2020 17:38

In that case - should the director have been selling this week?

[sharw] 17/1/2020 17:36

Who knows - was 6/2/18 and 9/1/19 but 2020 does not yet exist:

[sigod] 17/1/2020 17:00

Anyone know when the next trading update is due? According to the Morning Star website a trading statement was due today.

[hawaly] 16/1/2020 14:28

Colin Brown is the MD.

[trident5] 16/1/2020 14:19

Can't see it, don't think he was a board director, so doesn't seem disclosed.

[hawaly] 16/1/2020 13:47

Anyone know what Colin Brown's holding was before yesterday's sale?

GLA

[77monty] 14/1/2020 08:09

New highs, rising volume. I smell v. positive news incoming.

[otemple3] 29/12/2019 19:02

Good management team here, started forecasting low single digit growth for this year and these forecasts are very very slowly creaping up month on month. Think the 'risk' is more likely an ahead of forecast statement coming out unexpectedly. Was good to see the buffettology fund buying a significant stake recently too - Lord Lee knows his stuff and will have engaged recently with management before investing.

[montyhedge] 29/12/2019 12:44

Yes agree, you don't want to be holding this one, when a slip up, ridiculously high p.e.

[shareholder7] 25/12/2019 12:47

This will end in tears as they have no IP and when the music stops it will fall very quickly However probably go a year and a bit left to go on this one

[montyhedge] 23/12/2019 13:16

I agree with that question in the article.Are the shares cheap, answer, no. To me ridiculous p.e. No room for any slip ups.