Softcat Share Discussion Threads

[disc0dave45] 24/10/2022 20:36

Update tomorrow along with MSFT

[disc0dave45] 14/10/2022 16:42

Agree, do think their update will be positive and the share price will reflect that but macro and out of favour tech will drag it back down.I've been watching a cloud computing etf (WCLD) and SCT has followed the same decline (although the etf has dropped a lot more from its 52w high). May go for the etf rather than SCT at some point, will see.Should have sold up a lot sooner but hindsight and all that.

[shareholder7] 14/10/2022 15:47

Strange world Dico as GDP is my best performing share and bailing me out. Sometimes patience pays off However I have been investing back into softcat at these levels as this share is just marked down my MM and not for trading reasons They have consistently performed qtr on qtr but as you will see there few comments on these boards and lots of shares held by big trusts etc so not a lot of interest I would expect the share to rise on 25th and then slowly drift down with the market again but this is a very very good company and a long term hold

[disc0dave45] 14/10/2022 14:07

Can't believe how much this has dropped, now lower than pre pandemic. Seen a chunk of my profits evaporate but will keep my eye on it to possibly get back in.

[roguetraderuk] 16/9/2022 08:45

enterprise valuations under pressure as people think next domino to fall

[ddubzy] 16/9/2022 08:38

Quite staggering this. Operating profit ahead and yet continued daily drops

[disc0dave45] 08/9/2022 09:05

Wouldn't be surprised if this is the next software / IT company to be gobbled up by the US.

[disc0dave45] 16/8/2022 11:54

Agree.IMO 1380 and then the yanks will pick some more up dirt cheap later.

[mrbeaky] 16/8/2022 10:39

Don’t see any reason why we would be trading down 2.6% when market is solid

[disc0dave45] 16/8/2022 10:07

Are algos playing this and taking it down to 1380?

[disc0dave45] 04/8/2022 15:44

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

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

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

[disc0dave45] 23/6/2022 12:54

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 12:48

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 20:47

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

[goneboating] 25/5/2022 18:48

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 15:14

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 14:14

'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 07:37

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

[roguetraderuk] 12/5/2022 07:16

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 07:09

Dripping down everyday not good

[roguetraderuk] 06/5/2022 12:46

¯_(ツ)_/¯

times 2022 earnings

[trident5] 06/5/2022 12:42

21 times 22 is 462?

[roguetraderuk] 06/5/2022 12:15

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.