Sophos Share Discussion Threads

[sphere25] 27/8/2015 15:48

Bought the dip here.

FTSE review on wednesday - these are headed into the FTSE 250 so expect alot of tracker demand.

Book looks very strong.

[silverballs] 12/8/2015 13:22

Yesterday Symantic a $15bn company sold Veritas its data storage and recovery business for $8bn cash.The purchaser was a consortium led by the giant Carlyle group.Plenty of activity in this sector.

[letsgetbizzay] 11/8/2015 19:18

Looking good. What are the chances of Symantec swallowing this up?

[shammytime] 10/8/2015 12:11

Absolutely right silverballs, this will skyrocket. I fully expect to be around £10 by end of year

[silverballs] 10/8/2015 11:32

The latest large scale Cyber attack this time on Carphone Warehouse illustrates the potential for the Sophos stock.

[letsgetbizzay] 07/8/2015 18:40

The broker tips are coming in thick and fast now...FLASH: Deutsche Bank starts buy on Sophos Group, target 300p - See more at:

[shammytime] 06/8/2015 21:34

Very conservative price target but it's a start...

UBS INITIATES SOPHOS WITH 'BUY' - TARGET 300 PENCE - See more at:

[letsgetbizzay] 06/8/2015 13:53

Strong buy tip from UBS today. Expecting to see a very quick rise to 500p here

[shammytime] 05/8/2015 11:59

This should be trading at the same level as McAfee and Symantec at least. Rerating to £15 within the month more than likely

[rivaldo] 31/7/2015 11:30

Good update this morning post-IPO, as summed up by Techmarketview below. NCC is also looking good in the cyber-security arena:



"Friday 31 July 2015

Sweet Q1 for secure Sophos

Sophos Group delivered a sweet message with its first trading update since its large and welcome £1bn London IPO in June (see here). Q116 (to June 30 2015) showed growth across all regions and products, despite currency headwinds.

In terms of the numbers, revenue was up 8.4% yoy to $113.5m, with billings rising 11.5% to $113.3m (or 24.7% currency adjusted). Cash EBITDA was marginally down - $16.5m vs. $16.7m - but the company says that was due to a change in the phasing of marketing spend as it moved to spread spending more equally over the year in FY16 compared to the H1 bias in FY15. Sophos is still expecting a cash EBITDA margin no lower than the 21.3% of FY15.

Adjusted billings were on an upward trajectory during FY15 (9% in Q1, 16% in Q2, 18% in Q3 and 24% in Q4), so the challenge is maintaining momentum post IPO. The 24.7% of Q116 was a good start and guidance for the full year is maintained at the mid-teens level, against strong comparatives.

Security is a rising market but as Symantec’s (lack of) performance shows, suppliers have to work to make progress and Sophos is doing just that. What is reassuring is the growth in Sophos network security solutions (up 18.3% reported, 33.6% adjusted), its focus on unified threat management and work on Project Galileo, its next generation integrated endpoint protection solution which is due this year. These are all high growth areas with further potential to fuel organic growth. Sophos is also looking at acquisitions (in addition to the $15m purchase of cloud security provider Reflexion Networks in June 2015) to broaden its capabilities in areas such as integrated cloud security for example. Competition is rife but Sophos has a lot to play for and is in a good place. "

[still waiting] 01/7/2015 16:39

A good start for this security Goliath, lots of cash now to look at expanding its IoT security options.

Massive growth market as firewall and antivirus falls out of fashion.

Original backers have done well and will be looking for the next security growth market, 50bn devices expected in it by 2020 that will all need to be secured.

[pgrifster] 01/7/2015 16:36

Looks a promising opportunity as small premium on initial price

[aishah] 29/6/2015 13:59

Watching at the mo for an entry point. Hot sector

[bargainbuyer] 28/6/2015 00:30

I may invest here on Monday, if they are a global leader they will do well. The sector is set to become worth $170 billion by 2020!
End to end m2m security will see some serious growth mainly connected to Internet of Things.
Meanwhile, being another poster coming from TERN, i would highly recommend this short clip from Cryptosoft Chairman Al Sisto on the recent appointment of Darron Antill as CEO of Cryptosoft. A quick google search on the two names I have mentioned should surprise a few.
I see TERN 20-bagging from her current under £3 mill mcap.




edit: having done some quick sums, I can see this becoming a bid target from across the pond. Maybe that was the plan.

[johnma] 27/6/2015 23:56

Either Sophos is over valued is TERN is mega cheap....

[saj3] 27/6/2015 17:08

This looks like a good company should be included in the ftse indices at the next shuffle.Must be competing with Symantec and mcAFee

[hulltiger] 27/6/2015 10:34

God morning all, yet another from the fledgling TERN but I must say this also looks very interesting,,,must have a good look then buy a few. GLA

HT

[jonwig] 27/6/2015 08:30

I tried to get some of these through Charles Stanley, but was told it was only available for discretionary clients. Also that there would be a "mad scramble" for stock.
The US offering won't have helped.

As a cautionary tale, there's a small AIM company called Falanx [FLNX] which ought to have joined in the sector growth, but just can't hack it - slow slide to oblivion.

TERN/Cryptosoft sounds interesting, thanks!

[bazboa] 27/6/2015 08:14

From what I can see cryptosoft only deliver encrypted data solutions which is only a small piece of the puzzle.

[bazboa] 27/6/2015 08:04

"complete IT security made simple for enterprises of any size."

[siddle] 26/6/2015 22:47

That is what Tern's investee company Cryptosoft offer but a more advanced solution and purpose built for m2m and IoT.With a market cap of £2.8 million, I would much rather back TERN building their company from the ground up..

[bazboa] 26/6/2015 22:40

Complete security from endpoint to gateway

[still waiting] 26/6/2015 19:24

I'd like to see little TERN turn into one like this in years to come.

What sort of IoT security products does soph have?