Sopheon Share Discussion Threads

[sev22] 04/9/2019 18:49

With such a wide spread who knows, but I think they were mainly sells. The mid-price didn't budge, so my guess is there is a buyer in the background.

[bamboo2] 04/9/2019 18:32

I was unable to check actual prices today, and wondered if anyone else knew if the trades at 772 were buys or sells? tia

[gswredland] 23/8/2019 08:45

Thanks for link

[robow] 22/8/2019 15:20

from Progressive Equity Research

Interims in line with recent update

Sopheon’s interim results reflect a return to a stronger second half weighting, as flagged in July’s trading update – although EBITDA is $0.5m ahead of the number in that announcement. Alongside the delays in closing some license contracts in the first half, management reiterates the strength of the new business pipeline and the supportive underlying market conditions, and notes customers apparently reverting to a year-end buying pattern. With a sharp increase in the proportion of SaaS business in the pipeline – reflective of industry procurement trends - we expect to see higher recurring revenues over time (bringing greater visibility) and enhanced lifetime customer revenue. Chairman Barry Mence comments that the future prospects for Sopheon ‘have never been brighter’ when highlighting the positive trends for the Group in the outlook statement – and we note the pipeline and the long-term value being built within the growing SaaS business.

[aimingupward2] 22/8/2019 13:36

It's in the trading statement issued on 22nd July, near the end, paragraph 8.

[christh] 22/8/2019 13:20

hi aimingupward2,

I could not find the interim results date for LTG on their website.Would you tell me, please,where is the date shown.

Much appreciated.

[aimingupward2] 22/8/2019 08:51

Free float is just under 50% so, yes, that underlines my point about it not taking much buying to move the share price

[tightfist] 22/8/2019 08:37

And what is the free-float? IIRC the Chairman and CEO have a substantial total holding?

[aimingupward2] 22/8/2019 08:33

Sopheon have a firm foothold in a growing area servicing business activity and growth. They have good prospects of continuing growth which is not reflected in the current share price. The lowly p/e of not much over 14 is attractive. There are only 10m shares so it won’t take much buying interest to move it up

[sev22] 22/8/2019 08:11

Note from House Broker finnCap just released (free access on their web-site for more detail).

Strongest ever pipeline accompanies SaaS transition
Interims to June report performance in line with unchanged expectations. Our previous note title, “sunshine and Cloud”, remains appropriate: with targeted expansion in sales resources, the group has experienced 48% growth in the total value of pipeline deals since January, with all-time highs in volume of larger opportunities, within which SaaS business has expanded sharply. Against an unusually strong 1H comparative, we are confident of FY forecasts, tailored for 2H strength as well as increasing proportion of SaaS deals, which will also enhance multi-year visibility. Underlying commercial momentum is increasing in tandem with Sopheon’s earnings quality from growing recurring revenue (currently $15.3m ARR), as the use cases of the Accolade software product broadens and with it the sales funnel. Target 1,425p reiterated.

[tightfist] 22/8/2019 08:07

There is an awful lot of verbage in there regarding revenue types, phasing and supposedly leading revenue indicators. It says SPE are going to be Q4 weighted AND that recurring SaaS revenue is an increasing proportion..Come back in 5 month's time? Could become an interesting 2020?

[togglebrush] 22/8/2019 07:48

Interims out … make of them what you will
'
In line with our trading update of 24 July 2019, in conjunction with an unusually strong first half comparative from 2018, several factors contributed to a shift back to a more traditional second half weighting this year, alongside a rapidly advancing sales pipeline.
'
Numbers are weak … BOD says future is bright !!!

[tom89] 12/8/2019 14:24

Thanks for response Bamboo2. I do not understand the news statement re holdings in company. Universal-Investment-Gesellschaft mbh seem to have purchased 5.09% on 6th August but there no indication on level 3 montage. Do you think this has still to go through. The buy volume is increasing but that is, according to the answer to my enquiry, mainly investor's purchases. Do you know why this is large purchase is not shown?

[bamboo2] 11/8/2019 22:01

Re, the current bear flag/pennant. It is still not certain that the pattern will confirm its low tp at approx. 490. I think an eod close below approx. 710 is required for confirmation.

Flags and pennants are short term phenomena that normally complete within 15-20 sessions. Any longer than this and they are described using other terms eg wedges or triangles.

The current near term consolidation zone is nearing the end and the apex and potential turn date is 14/8/2019. Watch prior trend for likely direction of a turn, assuming it materialises.



Tom, currently no position here, but I remain fascinated by the chart, and will jump at the chance to buy again. So I am still addicted!

[tom89] 05/8/2019 13:05

Have you cured your addiction?

[bamboo2] 05/8/2019 08:14

Let my trade go at b/e

[tom89] 31/7/2019 16:39

I has not moved on the bid just the spread increased as the offer has gone up 10p

[geraldus] 31/7/2019 15:26

Just had a top up and it has moved.Makes a change.

[tom89] 30/7/2019 21:46

Level 3: BUY 14800 SELL6224 ?23782 Is it worth taking notice of the trades?

[bamboo2] 30/7/2019 16:55

I noticed the volume today, and decided to buy a few, as I am addicted.

[zipstuck] 30/7/2019 16:51

stripping out £1.45 in cash which could be returned to shareholders I reckon very conservatively if they make 50p earning this year it outs them on a value PE of 12 ex cash. With a increasing recurring revenue stream they have to be worth more than that. The vultures should be circling.

[tightfist] 29/7/2019 10:49

I would have thought we would see a reversal by about 700p, and considerable support before Wednesday's interday low of 642p. BWIK, tightfist

[tom89] 29/7/2019 10:38

The charts just reflect human sentiment. Since the statement that has changed and investors are panicking allowing the MMs to lower the sp, get cheap stock and soon even cheaper stock by the look of it. The weekly hammer at a low of 725 (Monday 9th July 2018) is unlikely to have any significance and there does not seem to be anything else to stop the slide other than another statement. AIMO