Sopheon Share Discussion Threads

[aimingupward2] 06/7/2020 15:38

and today, bamboo. Hopefully back over 800p soon.

[bamboo2] 16/6/2020 09:07

Looks like a positive day is possible here!

[big7ime] 28/5/2020 14:30

And the Inverse Head and Shoulders, very clear on the 3mth chart is a bullish set up too. Increased this am

[aimingupward2] 28/5/2020 12:50

SPE must be one of very few companies which might actually benefit from the coronavirus situation. This mornings rns is certainly encouraging.

[big7ime] 28/5/2020 08:38

RNS tie up with Microsoft Teams, will read the detail later but looks promising

Analysis here

[vprt] 06/5/2020 11:51

Portugull: Thanks, sounds good. If the 11 June AGM happens I will try to go (assuming the day job allows) in order to learn more about the company and meet management - but the chances of a physical meeting happening look slim right now, given covid...

Bamboo2: Yes, thanks. I am not fussed either way. I suspect the share price will go up a bit for a while now (due to Naked Trader & hangers-on buying with little liquidity + also self-fulfilling technical prophecies) but then also be quite likely to come down again if the broader market weakens (which many seem to expect).

[portugull] 06/5/2020 10:27

vprt your post 2698 re "hands on" I meant that CFO was very involved and on the ball.
When a busy CFO takes the trouble to phone back a private shareholder I take that as a very positive sign.
I very rarely phone a Company were I have a holding without good reason.

[bamboo2] 05/5/2020 19:49

vrpt, Price closed above both 50 and 200 smas
sp on the cusp of crossing the long term falling upper trendline you mentioned the other day.

[bamboo2] 05/5/2020 16:21

Yes gleach. I had to order my top up.

[gleach23] 05/5/2020 13:42

Even after the tick up to 730-770 just now, there are just 15 shares available to buy online currently. Looking strong

[aimingupward2] 02/5/2020 16:59

Guess you mean 4-5/5/2020 as we’re in May now. If we get close to 933 in the next 6-8 weeks, that’ll be very satisfying.

[bamboo2] 02/5/2020 16:35

New INVH&S on the chart sets tp at 933. Just confirmed at the close Friday evening.
Possible turn 4-5/4/2020
edit, meant 4-5/5/2020
Ta A/upward

[bamboo2] 02/5/2020 08:47

Hi gleach, thanks for the info. Will revisit the chart later and post anything of interest.

[vprt] 01/5/2020 17:16

Thanks, portugull - I take your "hands on" to mean that you believe they are strong.

[gleach23] 01/5/2020 16:14

Hi Bamboo. That situation won't have been helped by the update by Robbie Burns yesterday. He said -

"Sopheon (SPE) has been looking strong during the virus outbreak and
we saw at the online seminar that level 2 looked very strong indeed.

It has a good pile of net cash (remember net cash is your friend right now!).
One of the few to maintain its dividend - and it said the final quarter had seen
one of the strongest on record for deal flow.

It claims the market is ready for its move to cloud services and its staff
can easily work from home. This one should get through the current
crisis and is still 50pc lower than its high, so upside is there."

[bamboo2] 01/5/2020 15:49

It's been very difficult to add over the last few days, but got a few more.

[portugull] 01/5/2020 15:42

vprt the management are very hands on.
I have a position and spoke to the CFO 2/3 months ago when he kindly returned my call.
He emphasised the management had no intention of selling their shares and I think this is a good company with increasing ARR at $15.9m on 31.12.19.
Worth reading the Annual Results published on 19th March. DYOR.

[vprt] 30/4/2020 20:02

Thanks, Bamboo2. So, for now it remains in a long downtrend, despite the recent uptick.

I like a lot about this company, but the ongoing SAAS transition depresses short term profits to a fraction of previously, so valuation using a conventional PE ratio becomes quite difficult / rich. I am encouraged by the low EV/revenue multiple though, and would love to see a longer term forecast of how the bottom line is likely to build.

I hold a small starter stake which I may add to as I learn more about the company, and if business progress is good. Any comments/views about management would be very welcome.

[bamboo2] 28/4/2020 14:24

Hi vrpt, Interesting point. The longer term falling upper trendline currently needs a share price close above approx 780 to breakout. As the line is falling, the breakout becomes easier to attain every day by about 3p.

Price is currently resisted by 200sma at 747

Once price arrives near to historical resistance, I will look again at new higher targets based on INVH&S/bowls etc.

[vprt] 28/4/2020 12:33

bamboo2 - is not the more striking chart pattern to analyse and highlight here from January 2019 until today? (And has that negative trend now conclusively been broken?)

FYI, I am not a user of charts / lack knowledge about them, so have no basis for technical analysis/views...

[bamboo2] 28/4/2020 11:35

Recent consolidation has resulted in a new chart pattern based tp at 840

[aimingupward2] 28/4/2020 11:25

SPE having a good day today - so far. Back up above 700p.

[bamboo2] 18/4/2020 11:35

Confirmed INVH&S to min 734
Hr at 860

[tightfist] 21/3/2020 08:38

Global Home-working?I am not up to date with the evolving functionality of Accolade and I was thinking about it's attractions/affordability to big corporates when budgets are going to become stressed......But will it alternatively become part a core part of enabling their arms-length home-working? Any thoughts? tightfist

[interceptor2] 20/2/2020 08:19

After the much more positive trading update in January the chart is looking rather encouraging now and closing in on some important resistance levels. As long as the next outlook statement is similar to the last then there is a good chance that we are at the start of another profitable holding period for shareholders.