Softcat Share Discussion Threads

[disc0dave45] 04/8/2022 16:44

Good timing!Don't get the share price action here at all, it behaves more like an AIM stock.

[brut winky] 01/8/2022 10:09

Picked a few up, look to undervalued by 30%, may get some more if they dip back down.

[disc0dave45] 23/6/2022 13:54

Got nothing to do with the BOD, it's pure market sentiment.Q3 update - The Board is pleased with the progress and, because of the strong income performance in the Period, now expects that operating profit for the full year will be slightly ahead of its previous expectations.

[pal44] 23/6/2022 13:48

Shocking how the share price has fallen over the year. Does the Company bods know how to run a tech company I wonder ...

[disc0dave45] 25/5/2022 21:47

Have to disagree, this is in the "Technology" industry grouping and has been rated as such.

[goneboating] 25/5/2022 19:48

This isn't a 'tech' stock, they sell goods and services (hardware & software) to every type of industry and company in order that they can do business in the digital world that everyone now operates in.

[mrbeaky] 25/5/2022 16:14

It’s a very well run company, share price doesn’t reflect progress but patience I suppose. Baby being thrown out with the bath water with these “tech” stocks

[disc0dave45] 25/5/2022 15:14

'The Board is pleased with the progress and, because of the strong income performance in the Period, now expects that operating profit for the full year will be slightly ahead of its previous expectations.'Only two months after the interims and already increasing their expectations once again.

[mrbeaky] 12/5/2022 08:37

Last trading update was that it was above guidance yet still being crushed

[roguetraderuk] 12/5/2022 08:16

crm and software in general suffering from a big covid pull fwd. everyone is in the firing line until they guide higher. the base case is a return to pre covid levels in most cases. i think this one isnt far, its got that gap to fill. but the mkt can overshoot on the downside as well as the topside.

[pal44] 12/5/2022 08:09

Dripping down everyday not good

[roguetraderuk] 06/5/2022 13:46

¯_(ツ)_/¯

times 2022 earnings

[trident5] 06/5/2022 13:42

21 times 22 is 462?

[roguetraderuk] 06/5/2022 13:15

you had a lot of pull fwd and now you are getting the air pocket lull afterwards. 1100 retraces the full move. there you can say its fair value on a medium term basis. but they could overshoot to 900-1000. the former would be 21 times 22 the latter around 17-19 times 22.

[pal44] 06/5/2022 12:51

The share price has taken a battering and what have BOD done to prop this up ....!

[ddubzy] 06/5/2022 08:53

Some reversal this!

[disc0dave45] 22/3/2022 07:56

Outlook : Operating profit in the first six months of the financial year has been ahead of the Board's initial expectations. While the current geopolitical and macroeconomic volatility make it more difficult to forecast performance, because of the outperformance in the first half the Board now believes that the outturn for the full year will be ahead of previous estimates.

[roguetraderuk] 21/3/2022 15:20

a couple of brokers upgraded late last week and called up upside surprises. they dont usually stick their necks out so id guess they will be ok. guidance is whats important.

[disc0dave45] 21/3/2022 15:14

Good luck holders for tomorrow.I'm hoping the recent price surge hasn't already priced in the results and it pulls back.

[siggs44] 18/3/2022 18:33

Looking forward to the results on Tuesday.

[disc0dave45] 18/3/2022 09:58

Purring along!

[siggs44] 16/3/2022 14:58

Motoring today!

[km18] 07/3/2022 12:42

...from last year...

Softcat published FY21 final results today confirming another year of strong organic growth, profitability and cash generation. Revenues were up 7.4% to £1,156.7m, operating profit up 27.4% to £119.4m, basic EPS up 26.7% to 48.4p. A final dividend of 14.4p plus a special dividend of 20.5p was paid. The company’s strong balance sheet position was maintained with net cash at year end of £101.7m (2020: £80.1m). So more overall solid performance despite the ongoing Pandemic. Valuation wise the company is not cheap, forward PE ratio of 42 is 3rd quartile for the Software & IT Services sector, PS ratio is a little better at 3.5 and top half for the sector. But tech names rarely trade cheaply. Growth has been solid, share price pullbacks minor over the past 5 years. SCT is one to BUY and hold....

...from WealthOracleAM

[mrbeaky] 10/1/2022 19:58

This daily decline is getting a bit silly now