Sopheon Share Discussion Threads

[2torrance] 27/8/2020 15:49

Looks like the people who cashed out this am (as I admit I nearly did) will be kicking themselves (as I would be) seeing it has gone up 4%! They may be right but I think the underlying position is strong and it is always the second half that brings home the bacon August wasn't too hot for the share price last year either.

[mfhmfh] 27/8/2020 14:54

cash generative:

Net cash: $21.9m (2019: $18.7m)

[mfhmfh] 27/8/2020 14:47

I thought the results were good.

'Revenue visibility for full-year 2020 is now at $25.5m...'

Revenue last year was $30.3m

Q4 always the busiest quarter for SPE.

hopefully can increase revenue this year despite Covid-19.

also note SPE now winning bigger deals compared to before.

All IMHO.

[nhb001] 27/8/2020 13:16

These will be blue by the end of the day. I read the results as positive.

[shauney2] 27/8/2020 12:12

Finncap keep their target price of 12 quid.

Rock steady 1H20 demonstrates the beneficial consequences of transition to the cloud:despite the hurdles presented by COVID-19, revenue is a touch ahead, ($13.9m vs $13.7min 1H19); FY visibility is $25.5m (1H19: $25.4m); and ARR is $16.5m, vs $15.3m. We cannot be certain of recurrence of the historical 4Q boost to licence sales, but even so new customer sales bookings year to date are twice the value of last year, with 100% of new customer wins delivered via the cloud for the first time ever. With $21.9m of cashcreating a supportive balance sheet, ARR growth and multi-year deals are welcome support for revenue and cash visibility beyond the current year.Two new customers within 13 transactions compares with 7 and 18 respectively in 1H19, but this year’s deal sizes are bigger, and complemented by a further 8 deals, including 2 more new customerssince 30thJune. We are surprised and impressed by the maintenance of momentum in 1H20 vs 1H19 –and even more so by the reassuring base of visibility underpinning 2H20, FY21 and beyond. Target price is maintained at 1200p, based on a return to pre-COVID expectations within 24 months, and supported by a rock solid balance sheet offering M&A, R&D and dividend opportunities.

[aimingupward2] 27/8/2020 11:07

With only 10.2m shares in issue and a bit less than half of them in free float, it won't take much buying to support a higher price. SPE is a good business in a newish and developing field; I think this is a good opportunity to add and tuck a few more away.

[samsj] 27/8/2020 10:55

Yes half year doesn’t tell us much. What happens in last quarter decides it. I think the detail is better than most cos. Hard to value on typical PE because the operational gearing works both ways. Also still feel that a tech co with these clients could be valued differently to some buyers to how valued on AIM- depending on M&A / consolidation possibilities in sector.

[mad foetus] 27/8/2020 08:44

I think we've been here before with SPE and expect share price to rise from here

[vprt] 27/8/2020 08:37

Nice to see the outbreak of peace on this thread, with handbags withdrawn from action. (Although some lurker is doling out downthumbs). I sliced a little at open, figuring that 900p now looked generous as the results might not justify the rating. But I really like this company and will look to add again when I feel it can be justified.

[bamboo2] 27/8/2020 08:05

B7, for the record, I am out for a loss of 2%
Outlook looks promising, and the transfer to SAAS looks to be going well.

[big7ime] 27/8/2020 07:48

Hmm, disappointing. The pre-amble is confusing, is that intended to mask what is just a poor bottom line.

[big7ime] 24/8/2020 17:40

Lol, ok bb2 well done
I think you’ve got my hbag

[bamboo2] 24/8/2020 17:34

techtrader, any more from you and me and B7 will clip you with our handbags! :o)

[bamboo2] 24/8/2020 17:32

B7 I'm sorry you choose to constantly take a negative view of my posts.

I don't short, and I don't post anything in order to gain a price advantage.
I sold here to provide additional capital for another trade.

Given that I have full time self employment, kids etc, and I can currently only do this part time, I'm doing reasonably well.

[big7ime] 24/8/2020 17:21

IKA now there’s a cup and handle
And LOOP if you want a great Bowl forming

[big7ime] 24/8/2020 16:52

“The charts are posted mainly for my benefit”

Maybe that’s what I was getting at, you sold at around 760 I should think going by your post on the Vlg thread and wanted the price down so you posted a chart that would
suggest a fall back. Now you’ve bought back in at over 9 so you’ve missed 150pps - I only say because ive noticed it before. You don’t seem to get it right with this share.

It’d probably make more sense if you shorted aswell as bought long.


Im just giving a balanced view, you can filter me if you are sensitive about my comments. I think your charts are interesting but too binary to be that useful.
My last purchase here was at £6 and hdg now quite large so I may take some off if the results aren’t great. The H&S I mentioned has played out just short of tgt so now that’s why I say it’s all down to the results now. With results thurs, chart is currently irrelevant imo.

[techtrader5] 24/8/2020 16:10

Whoops 😬 don’t drop your hand bags

[bamboo2] 24/8/2020 12:30

B7. Okay, that's fine. It is just a squiggly line.
I'm not sure why last week you asked for more info!

More often than not you are very critical of my posts and my charting.

I put my thoughts out there in writing, because I am confident enough to do so. Sure I get some wrong, but get enough right to make it worth while. The charts are posted mainly for my benefit, as sometimes I'm out and about, and need to refer to them on the mobile. If others don't like them, use the filter. That's what it is there for, and it's very simple.

We see very little useful info from you, apart from complaints and sniping.
I know you are a capable and genuine poster, I wish you would show it more often.

Yes the charts and their interpretation change all the time. That's what it's all about. Long term buy and hold doesn't work for me.

[big7ime] 24/8/2020 12:07

Just saying it’s not a cup and handle
I’m a long term holder but your short term chart interpretations that change by the day are just annoying.
You could have said there was a c&h in May/Jun which has played out but you didn’t.

[bamboo2] 24/8/2020 11:05

Bought a few.

[bamboo2] 24/8/2020 10:10

Not quite clutching at straws! I did say it is not as clear as it could be.

When charting, I'm looking at the pattern of past price action, in an attempt to discern future price action. This is based upon the notion that these patterns repeat.

Bowls, INVH&S, Cup n H, all have similar characteristics. All can be reversals or continuations. Based on stats, once confirmed, they all end up having very similar targets.

Edit, Just to add to the last paragraph, given that all these bowl/cup type patterns give similar targets, is it really that important to worry about the precise type, if all I am looking for is a likely target price for a long trade?

[big7ime] 24/8/2020 07:50

Think you’re clutching at straws there, certainly no cup and handle. The results will determine where it goes next, not the chart.

[bamboo2] 22/8/2020 15:08

B7, Not as clear a pattern as you might want, but could be seen as a confirmed bowl or cup and handle as reversal.

Target price is 1106
Overhead resistance at 976
50sma at 802 and rising

[aimingupward2] 22/8/2020 08:45

Yes, indeed. Irritatingly, they have also used sets of initials in rns’s without explaining what they stand for (ERP, CRM, CPG). A good business but not the most investor friendly.