Ssp Hold Share Discussion Threads

[nick of the north] 10/6/2008 14:07

Some big trades gone through today at mid-price. Is this the "Assembling" you was talking about mudbath.

[mudbath] 06/6/2008 12:18

"Assembling" a large buy order is the terminology my brokers are using.Even though the price does not currently reflect their interest-it will manifest itself before too long.imo.

[engineer66] 04/6/2008 21:21

MBO highly implausible since they have recently floated. What they are trying to do is widen share ownership which is good for management. At least they are gaining wider analysts' coverage. That's a positive sign to gain wider institutional buy in, which is likely.

[keepitup] 04/6/2008 12:35

Wish i got into CDN, had it on my watch list for 4 years now. Missed the boat (again!). Hope you are right mudbath abou that order!

If you are right than i guess they will be fishing for stock at this level to attempt to fill the order? Call your broker and ask him in the morning :) nice one

[mudbath] 04/6/2008 12:09

Put it this way Nick-I have a nice IG earner on the burner!!

[nick of the north] 04/6/2008 12:05

mudbath

Wonder how big HUGE is as there aren't many shares in the open market. Mainly owned by Directors, Staff and insts. Directors and Staff aren't able to sell at the moment due to closed period pending results.

Will be interesting to see what trades appear later today.

[mudbath] 04/6/2008 11:48

Don't worry about the slight blip in the S.P. today(so far).My brokers tell me that a HUGE buy order is being processed and that they are expecting the stock to surge up towards £1.55 later today!!

[keepitup] 03/6/2008 11:46

Thanks Tool, seems like a no brainer, especially with its huge double digit growth.

[tole] 03/6/2008 11:41

And seen as one of KBC Peel Hunts key software sector plays. With a 190p target price (14x 2009 estimates) Their recent update sees scope for a continued re-rating within the sector. (Attractive earnings growth, high margins and revenue visibility)

[tole] 03/6/2008 11:22

Was also a nice write up by Altium back on 20th May as they initiated coverage with a Buy Rec and 175p target price. Predict compound earnings growth of 25% over the coming 2 years and highlight its defenisve qualities.
Believe they have it down for 2008e of 10.9p and 2009e of 14.2 rising to 17.3 in 2010e.

[keepitup] 03/6/2008 10:54

Thanks Tole

[mudbath] 03/6/2008 10:44

Tole-That is one bullish write up.Thanks for the link.

[keepitup] 29/5/2008 10:35

Nick, good point, I havent done that much research into the company history.

[nick of the north] 29/5/2008 08:42

KeepItUp

Why would they want to launch an MBO. The management own that amount of shares because they originally bought the company out of CSC with backing from LloydsTSB before it was floated on AIM.

[keepitup] 28/5/2008 16:39

The known shares in the hands of the management represent 25.15% of the issued shares in circulation and thats just the number of shares they are required to report (over 3%). We could hazard a guess that other management (including wives etc) might own upto and beyond another 10%, or even more. Thats quite a significant holding for management. What percentage of the shares do the management need to own before they can launch a MBO?

[keepitup] 27/5/2008 22:18

thanks WJ. this small cap has some quality ingredients with great software products, paying debt off fast, aquisitions proving highly successful, double digit growth....and with the small number of shares on the market its quick to move. im obviously long here but just stating the facts!

[wjccghcc] 27/5/2008 21:38

Not yet. Finals in end jun/early july so I'd guess they'll release a date mid june.

[keepitup] 27/5/2008 20:00

has the date of results been confirmed yet? on my radar this one, great looking company.

TIA
KIP

[engineer66] 24/5/2008 21:50

Tks. I subscribe to Digital Look and ought to use it a bit more!
On this stock it looks like Ageon pick up quite a few shares cheaply, and we should be on a plateau of at least 145-150 until there's results or more newsflow.

[mudbath] 22/5/2008 19:36

Digital look-E66-pretty comprehensive data.

[engineer66] 22/5/2008 18:48

I am a bit disillusioned with the Chronic Investor - some of their recommendations have been really bad. Interlink Foods was a total disaster
and I should have known better. They tend to have their favourite big companies. I think their journalists spend very little time on features and take in what the company says. What interests me is analysts projections for eps and how they are built up. Unfortunately I dont seem to have access to them - pity they dont seem to be on ADVFN. Do you get yours from Thomson finacial or subscribe to some other source? With p/e of 30 plus and with small companies, like RHL you have to be careful as the share price can be very news driven.

[engineer66] 22/5/2008 11:35

Looks a class act mudbath. High recurring revenues, market leader and sensibly building distribution channels through acquisition. But need to keep the organic growth going too as p/e pretty heady. share price keeps going higher and in eventually at 145. What concerns me is the share volumes are rather small, so it might be just us folk buying! I am not really a trader. However the re-rating might be warranted on fundamentals. Company should gain greater analyst coverage and interest which will help if their trading is genuinely good. They must be due to report soon? I hope they won't disappoint. Fingers crossed. Any views on earnings projections and whether they are realistic?

[mudbath] 21/5/2008 13:09

Yes WJCCGHCC-cash generation is my favourite quality in any company.SSPH managed over £3million at the interim stage and should have accelerated pro rata,ahead of this figure over the full year.With the cost savings,projected,we might see almost £10million thrown off by the time the final accounts are published,which,as you say,will reduce debt significantly.My broker has just offerred me further 5000 @ 138.Not a particularly bullish sign but I have bought them!!