Share Name Share Symbol Market Type Share ISIN Share Description
Statpro Group Plc LSE:SOG London Ordinary Share GB0006300213 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 148.50p 145.00p 152.00p 148.50p 148.50p 148.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 54.8 -1.0 -0.8 - 98.00

Statpro Share Discussion Threads

Showing 526 to 550 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
04/8/2010
10:56
Yes, bizarre, I thought these were solid results and in line with what I had expected. I'm not sure the reason for the sell off and see anything around the 100p mark as a good buying opportunity. As I see it, Statpro has done what it's always done, increased revenues, increased adjusted earnings (last year including a big exceptional gain), increased cash flow, and has invested further in Revolution to boot, which should see gains going forward.
courant
04/8/2010
10:15
Oversold??? OK its not the ground breaking results that some companies have been producing of late, but revenue is up (not down) albeit by 7% (2009 19%) and Operating profit margin is 23.6% (2009 21%, 2008 13%). We are also 51.5% up on full year expected PBT. So not as if we are behind expectations...the next 6 months will tell...holding in a SIPP so happy for the long term.. views appreciated...
kimball808
04/8/2010
08:48
http://www.stockopedia.co.uk/research/waiting-for-the-revolution-45727/
yespmedc
27/7/2010
15:33
Agree completely as a holder since 2005. Amazingly they first hit £1 towards the end of 2006 with a high of 112.5 - the company has achieved so much since then with scant recognition in the share price. Having said that its been having a nice run this week which hopefully will continue.
pentangle
27/7/2010
07:53
Yes, absolutely, but I think you can make a strong investment case for Statpro without any contribution from Revolution. As I see it, any potential upside from Revolution is not reflected in the price.
courant
27/7/2010
07:09
smarm - I aincerely hope, and based on what I know about this business, expect that Statpro have done their homework before investing £2m in this product. I was merely giving a layman's impression of Statpro Revolution and commenting that I was not familiar with the competition of which there is plenty. Personally I have very high hopes for it, and that is why SOG is my biggest holding. However, do not think that widespread acceptance is a given, otherwise this share would be £2 and climbing right now. There will be existing products to dislodge and we are talking about a departure from what they have been producing up to now - this is a lot more than tweaking Statpro Seven which has an existing established market and clients. We will not know for sure until the orders start clocking up and the forecasts get marked up as a result.
pentangle
26/7/2010
15:44
That's a very interesting point, Geovest. I must admit, despite seeing Revolution as a potentially extremely lucrative kicker on top of the solid core business, I hadn't spotted the sales channel through signed-up custodian banks. This will be an interested story to watch!
courant
26/7/2010
11:12
The key to gaining large volume sales quickly are the custodian banks who already use Statpro 7. The will effectively act as re-sellers to their clients, the smaller fund managers, as this provides seamless integration between font-office (Statpro revolution) and back office (Statpro 7). One global custodian bank has already signed up for a paid integration test -see recent announcement. Statpro traditionally targetted the top 1000 asset managers, but including Revolution, they can now target 30,000 fund managers with investable assets of $500m+. This could become huge.
geovest
26/7/2010
09:23
pentangle - a business doesn't just come up with an idea and hope clients like it, they will have involved key customers in the development process from the off. S
smarm
23/7/2010
16:16
I have been playing around with Statpro Revolution this afternoon. A couple of hiccups setting up my trial as I could not log in initially but that was sorted by the nice Statpro lady. It is a very neat system of portfolio analysis. Basically you plug in your portfolio, which can be imported or put in manually, and you can then analyse it in various ways and against a huge array of benchmarks. I imagine its strengths are ease of use, and the huge number of securities it covers - over 500,000 worldwide plus 9,000 benchmarks. Of course, being internet based, there is no software installation to bother with. There is a lot of portfolio analysis software out there so it remains to be seen how Revolution measures up against the competition. At a quoted price of 'from $100 a portfolio a month' it will be small change for fund managers provided it does prove to be the system they want. Time will tell........
pentangle
23/7/2010
09:57
Personally I will be a bit disappointed if they come in at 8.5p. Edison was forecasting 9.7p in March and even the HB Markets website has the forecast at 9.0p.
pentangle
23/7/2010
09:15
Per HB: StatPro (SOG, 103.5p, £62.54m) StatPro (SOG, 103.5p, £62.54m) announces the beta launch of StatPro Revolution™, its Software as a Service Product (SaaS). The SaaS platform should reduce costs, complexities and broaden the company's target market to smaller fund managers. The high level of recurring revenues provides us with confidence the group will achieve FY expectations of PBT of £7.0m and EPS of 8.5p. The company benefits from high earnings and cash visibility combined with the good growth prospects. We reiterate our BUY recommendation with a target price 127p. (Amisha Chohan) Recommendation: BUY
kimball808
22/7/2010
12:56
Signed up for the free Statpro Revolution beta test. Be interesting to see what we are investing in! Will report back in due course if they give me access.
pentangle
15/7/2010
12:07
The business looks to be making solid progress. Until earnings start meaningfully growing again, then expansion in PER multiple is unlikely to occur. Like a lot of decent companies, extra patience could be well rewarded.
eagle eye
15/7/2010
10:54
The comforting thing is that with Wheatley sitting on an 11% stake and other Directors having worthwhile holdings, you do feel that their interests are aligned with those of other shareholders when it comes to the end game. Unlike companies where the Directors have negligible share interests. Impressive list of fund managers clearly see value here too.
pentangle
15/7/2010
10:28
Alternatively, because a large part of earnings are generated from the US/Canada, they may go for a Nasdaq listing in a few years time, which would probably value them on a PE of 30 - 40.
geovest
15/7/2010
10:06
Looking back I have held these since June 2005, but have increased my holding recently, and its now my biggest holding. I think that for a company of this quality with high visibility of earnings and good growth prospects, a prospective PER of about 10 is just way too low. I know this business model very well and some years ago was involved in selling a similar business (same model, different industry), albeit earlier stage, for a price which was 20 times current year EBIDTA and over 6 times turnover! Statpro would be a nice bolt on for quite a few larger companies, so I would not be surprised if that was the eventual outcome.
pentangle
15/7/2010
07:34
It is just Wheatley being cautious - he'd rather under-promise and over-deliver. Remember, 2011 forecasts contain £0 revenue from Statpro Revolution and given the signed integration project with a major custodian bank (this is much earlier than expected) and other interest in the beta version should result in a sustantial revenue contribution next year. 2011 will be very exciting.
geovest
15/7/2010
07:15
Trading statement out: Highlights · Trading in H1 in line with expectations · Paid integration test for StatPro Revolution with major global custodian bank · Increasing investment in StatPro Revolution · Net debt reduced to £6.3 million (£8.9 million at 31 December 2009) · Confident of successful outcome to the year Some caution about lengthening sales cycles and a further £700k going into Statpro Revolution, but generally positive.
pentangle
12/7/2010
13:02
Last year we got a half year trading update on 14th July ahead of the interim results on 5th August. So hopefully we could be getting an announcement this week. The AGM statement in May sounded confident enough.
pentangle
22/6/2010
07:52
The hourly fees may be similar but over time audits 'fat out' with number of hours spent. Re-tendering force them to re-evaluate audit program and time spent resulting in savings of typically 25-40%.
geovest
21/6/2010
20:10
agreed..but these are two of the city big guns....prices are surely to be quite similar...
kimball808
21/6/2010
07:44
Re-tendering professional services such as audit fees very often produce substantial cost saving.
geovest
18/6/2010
16:11
Would be interesting to know the reason for the change...from Price Waterhouse to Ernest & Young...hardly a savings factor involved???
kimball808
08/6/2010
20:34
Lets hope that J Wheatley has found the end to this decline...quite a sizeable purchase in the current climate.
kimball808
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