Sopheon Share Discussion Threads

[hopeful holder] 13/12/2019 17:37

I failed to buy more today.

[bamboo2] 13/12/2019 16:05

Doing dummy trades, it's difficult to get quotes on decent amounts again this afternoon.

Amazing how stock availability on autoquotes disappears!

[samsj] 13/12/2019 12:58

Very much doubt had anything to do with Brexit.

Not dumping on the co- I think generally trustworthy and lots of skin in the game. If they come through on the 60% ahead order book then the eps is a very different story. Just be aware of the gearing.

[undervaluedassets] 13/12/2019 11:35

Is it too much to hope that those contracts that SPE could not get get green lit will now get the go-ahead now that we finally know Brexit is going to happen ?

That was the gist of the trading update wasn't it..? (once one had translated it into English)

[elsa7878] 11/12/2019 16:13

Got to agree - stripping out the cash and it is still on a forward PE of approx 28. Fine if they are growing but they aren't....This company made me a lot of money...once upon on a time.

[rivaldo] 11/12/2019 11:31

Finncap's new forecasts are (at $1.30):

this year : 17p EPS
next year : 16.5p EPS

Been on my watch list, but won't be buying for a while on a forward P/E of 38 (and it's still very expensive after adjusting out the cash).

[samsj] 11/12/2019 11:13

No - I think not but not had a good look. I think if you look at updated forecasts from today or play around with the numbers historically, the PE could be much higher?

It can be massively geared- small changes in revenue make bigger changes in earnings and then bigger swings in share price. Just depends on how much faith you have in them getting the revenue. Or if you think the business is of any value to others.

[aimingupward2] 11/12/2019 11:05

Yes, it is ridiculously, and temporarily, advantageously cheap.

[geraldus] 11/12/2019 10:55

Patience required now and averaging down.

[undervaluedassets] 11/12/2019 10:28

Discount the cash from the market cap and this is on a pe of 6.7

Have I got that right? Seems insanely cheap.

I am new here so I stand ready to be corrected..

[bamboo2] 11/12/2019 10:17

Good to see the opening gap start to fill this morning. I hope we will see paper losses further reduced later on.

The apex based turn looks like it was spot on, for a low turn. I should not have doubted it!

[hatfullofsky] 11/12/2019 09:45

I'd prefer an acquisition

[bamboo2] 11/12/2019 08:21

The board do have the cash and the authority buy back shares. I wonder if we will see this happen?

[arphillips] 11/12/2019 08:16

Revenue visibility increase from $25.4m on 22 August to $28.0m today is certainly very disappointing.

[its the oxman] 11/12/2019 08:16

Opportunity time this morning.

[sev22] 11/12/2019 07:58

Update from House Broker just posted 5 minutes ago:

Trading update
FY19 contracted visibility has expanded to $28m (August: $25.4m). Seasonally busy Sept-to-Dec 4Q opened with a $30m pipeline of potential orders with FY19 close dates, almost half relating to SaaS multi-year deals. At mid-December, $9.9m of deals are potentially closing by year end, of which $2.7m relates to licence revenue recognisable in period. Several licence opportunities shifted into FY20, as the proportion of SaaS revenue also accelerates. Momentum remains strong, and the total forward pipeline for FY19/FY20 is 60% higher than at FY18, with one-third SaaS. In an ideal world we’d identify an FY19 revenue range of $29.0m to $31.0m, but settle cautiously on $30.0m even as future year percentage recurring revenue improves (c.50%). EBITDA moves to $6m in FY19; and FY20 moves to revenue of $36m, with EBITDA of $6m as a consequence of maintaining planned investment, reflecting undimmed management confidence for a global opportunity. Target price 1200p (1425p) as the recurring revenue stream provides growing visibility but from a lower base.

[longshanks] 11/12/2019 07:44

A lot of bluff and bluster to try and hide the fact that it is a profit warning. Still a good company but this show of hubris will fool no-one and dent confidence more than shore it up.

[mad foetus] 11/12/2019 07:31

The more I read the RNS the less sense it makes to me. I'm not even sure if it's good, bad or indifferent: the trading yesterday was deeply suspect, but a less clear RNS would be hard to imagine.

[janeann] 11/12/2019 07:11

Well if ever there is an example of someone knowing something before it is announced it has to be here. 10% drop yesterday and profit warning today. Scandalous.

[hatfullofsky] 11/12/2019 07:10

Another down day, nice cash levels but REV will be lower FY19

"a number of the opportunities previously expected to sign in the fourth quarter have shifted to 2020 (H1 2020)"

[gswredland] 10/12/2019 17:26

Oh blimey down again!
My worst holding
Come on spe!

[geraldus] 10/12/2019 16:23

Managed a few myself.Too tempting below £7.Pre election nerves,I hope.Gla.

[bamboo2] 10/12/2019 16:16

Big, I have been brave, [Ta geraldus] and gambled on the turn taking place sooner than I thought.
Fingers crossed.

[geraldus] 10/12/2019 15:58

Surely a buy for the brave.