Softcat Share Discussion Threads

[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.

[andygibb101] 02/12/2019 11:13

Interesting analysis on softcat:

[mfhmfh] 27/11/2019 11:24

Jefferies International today reiterates buy rating and increases target price to 1,300p (from previous 1,250p).

[mfhmfh] 27/11/2019 10:40

positive Q1 trading update today IMHO:

'The Company has maintained strong momentum during the Period and has again delivered year-on-year growth in revenue, gross profit and operating profit.'

'Customer numbers and gross profit per customer were both up on the prior period, and we again saw growth across all areas of technology and customer segments.'

[essentialinvestor] 25/11/2019 16:53

Have an indirect holding here through investment trusts,
wish I had bought a few in Jan, what a multi month run. Congrats to holders.

[ostrading2] 25/11/2019 16:44

Trading statement out on Wednesday.

[libertine] 21/11/2019 14:39

hxxps://www.channelweb.co.uk/crn-uk/news/3084139/softcat-among-seven-resellers-on-gbp6bn-healthcare-framework

[shareholder7] 15/11/2019 09:29

Think this will get to 1200 then there will be a pull back to under 1100This is what normally happens Let's see

[siggs44] 13/11/2019 10:30

Love this share.

Looking forward to the trading statement later this month.

[ggbarabajagal] 11/11/2019 16:37

KNOS also on fire

[otemple3] 11/11/2019 14:43

I suspect we will see an 'exceding expectations' statement later this month which will keep this moving forward. Still looks good value to me as long as long as we get an upgrade for this year