Sopheon Share Discussion Threads

[ileeman] 08/11/2018 12:27

Great move but dont think we have seen anything yet.

Once we get the backtest out the way expect a huge swing north, think we see closer to 1400p very quickly maybe 1500p over next couple weeks.

[shanklin] 08/11/2018 11:51

To be fair, bamboo2 has probably made 5% - 10% multiple times over the last 6 months whilst we have been waiting for a breakout

[cfro] 08/11/2018 11:41

That is the problem with trying to 'forecast' a breakout...they just happen when nobody is looking..

[big7ime] 08/11/2018 11:28

Bad luck bamboo but trading this v short term was madness
The fundamentals are too strong, the growth excellent and for a tech, a US one at that So undervalued. I reckon it could double or more in the next 6mths and still be good value.
Any how, the chart was set up for a breakout
Sometimes you have to forget the Noise in the mkt and focus on the ind co.

[cfro] 08/11/2018 10:31

Extending the breakout. I think a lot may have been hoping for a pull-back..

[rafieh] 08/11/2018 10:29

The one year chart looks as bullish as any chart I have seen in my 21 years of trading!

[allstar4eva] 08/11/2018 08:00

It should have broken out before and would have but for the weakness in wider markets imho.

[sbs] 08/11/2018 07:41

This has been nudging the breakout for weeks... Most of my share we're up slightly yesterday, so this one just tipped over the edge.

[xajorkith] 07/11/2018 19:58

Great to see such a large breakout, whatever the reason. Had expected it on news but certainly not complaining.

Strong move higher in the US, so hoping a few others will follow suit in the days / weeks ahead.

[davr0s] 07/11/2018 18:57

Stronger buyers than sellers - anything else would be guesswork

[mattboxy] 07/11/2018 18:30

Was there any particular reason why today? Broker upgrade or tipped somewhere or just a volume of buys ?

[cfro] 07/11/2018 17:26

That is a proper breakout through 1000p today. In the end it came on an unexpected day but what we have all been waiting/anticipating for many weeks and months now.

[geraldus] 07/11/2018 16:28

Great stock,great day.Makes it all worth while,top performer for me.GLA

[rafieh] 07/11/2018 16:22

Classic breakout.

[aimingupward2] 07/11/2018 16:18

At least the mkt cap is now over £100m, which is a threshold for some.

[trinko] 07/11/2018 15:37

No they just starting and getting momentum. And recognition by the broader compagnies.
And will attract more investors, the only slide problem I see is the small amount of shares in circulation. And maybe next year small cap.

Suc6 too all

[aimingupward2] 07/11/2018 15:25

Yes, you're right trinko. I blame ADVFN's financial page. They've got it wrong. I've noticed them get it wrong with other companies that report in $US.

Nevertheless, ............. need I spell it out?

And if we should crash out of the EU in a 'no deal', cents might be a good bit nearer to pennies!

[trinko] 07/11/2018 15:13

Not P but $ cent

[aimingupward2] 07/11/2018 15:01

Given that the company has made eps of 59p and 72p in the last two years and has said it will "exceed expectations" this year, it is perhaps not too fanciful to be hoping for an outcome of near 90p. If so that means a p/e of about 11 for this year and perhaps 9ish for the year ahead with a corresponding PEG value of around 0.5. This is surprisingly cheap for a company which seems to offer so much in the way of future opportunities. It's no wonder that, while the share prices of so many other tech' companies, with p/e multiples higher, have suffered major setbacks recently, SPE has held up and is now setting off for what promises to be a major revaluation.

[ileeman] 07/11/2018 14:57

Worth noting the last major break which was a 1 year range took shareprice from 400p to 1000p.

This time round it is a 6 month range that is breaking but you get the point how explosive these moves can be. Expect a very good few months ahead imo.


free stock charts from uk.advfn.com

[rafieh] 07/11/2018 14:47

Only 10m shares in circulation. Won't take much for it after such breakout to jump by £2-3.

[zmapp] 07/11/2018 13:08

topped up on the breakout. Should be a good move up given its tried to crack the £10 level several times.

[ileeman] 07/11/2018 12:26

Looks like a confirmed break, backtest and hold 1000pish then you know what is coming next.

[cfro] 07/11/2018 11:16

Yes strong breakout here now.