Statpro Share Discussion Threads

[napoleon 14th] 21/8/2017 17:38

Nice trend....

[weatherman] 10/8/2017 08:24

Another contract.

[topvest] 02/8/2017 18:20

Yes, agreed. Lots of adjustments on profit numbers (from a loss) and circa £20m of net current liabilities. They are struggling to afford the dividend and I'm surprised that they didn't raise some more equity for the well received acquisition. Pleased that I sold out a few weeks back and surprised by today's price increase. Could get nasty when reality strikes home!

[mr macgregor] 02/8/2017 12:36

The balance sheet of this company stinks. I feel they're due a correction.

[bone apart] 18/7/2017 00:24

Very quiet after today's good news.
PANMURE might well be right........

[double double] 27/6/2017 08:45

Bought 15100 & 9977 shares yesterday at 125p, seems cheap looking into next year, perhaps because its listed on AIM doesnt help.

[napoleon 14th] 26/6/2017 13:43

*PANMURE RAISES STATPRO GROUP PRICE TARGET TO 206 (190) PENCE - 'BUY'

[topvest] 01/6/2017 14:06

I've sold out of these after buying for 84p I think. Been a bit disappointed overall in how things have been going. Good opportunity to exit at a reasonable profit. Will keep on my watch list, but not a high conviction stock for me.

[weatherman] 22/5/2017 08:44

No movement on good statement.

[simon gordon] 17/5/2017 10:17

Tech Market View - 16/5/17:

StatPro’s Delta Force must not distract from key task

StatPro, the increasingly cloud-based provider of portfolio and risk analytics, announced last month that it was buying UBS’s “Delta” operation in risk management services, focused on the front office. We signalled at the time that, although this deal delivered a huge amount of potential, the company already has a lot on its plate migrating its customers onto the new cloud platform and cementing its lead in this specialist market sector.

It’s therefore comforting to receive an update on progress, such as it is. The first payment to UBS has been made and StatPro’s CEO declares himself “delighted with the collaboration and enthusiasm of the Delta team”. He is also looking forward to improved profitability as a result of the increased scale of the larger Group.

And so he should. But the most important task for the StatPro management is to complete the move of its customer base to Cloud. It will then be able to reduce the operating and development spend to drive margin, and cash. At the same time, StatPro can also build share of wallet by layering on more services. This process has already taken several years, but it is at a crucial stage and management must not get distracted.

Observers will be eager to receive a good flow of news about progress, particularly in the transformation of StatPro’s core business.

[qs99] 04/5/2017 14:47

Really going for it now...

[qs99] 04/5/2017 14:40

going very nicely now

[zipstuck] 21/4/2017 11:32

Holding for the US bid potential and growth

[simon gordon] 12/4/2017 07:11

Edison - 11/4/17:

StatPro is acquiring UBS Delta, a portfolio analysis and risk management system, from UBS for €13.05m. The acquisition significantly scales up StatPro’s business, boosting FY18 revenues by c 33% and EBITDA by c 40%. While the deal looks very cheap at less than 0.8x revenues, compared with 7.3x sales that FactSet recently paid for BISAM, a key competitor of StatPro, UBS Delta’s technology needs to be refreshed and to achieve this, its functionality, along with the customer base, will be transitioned to StatPro Revolution. If StatPro can successfully integrate UBS Delta, we believe there is strong upside potential in the shares, given the significant valuation disparity with its US-listed financial software peers.

[fillipe] 11/4/2017 20:05

7-4-2017 Panmure Gordon (House Broker) had BUY and tp of 190p.

f

[weatherman] 11/4/2017 16:14

I guess the market is pleased !

[simon gordon] 11/4/2017 06:55

Audio interview with CEO on UBS deal - 7/4/17:



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TechMarketView - 10/4/17:

StatPro buys to build potential



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New (paid) broker note - 10/4/17:

[topvest] 07/4/2017 18:46

Yes this looks a good deal to me.

[bjfanc] 07/4/2017 08:16

Could do with a US listing. Or a decent American broker.

[weatherman] 07/4/2017 07:28

Transformational deal to acquire UBS Delta

[weatherman] 03/4/2017 07:15

Contract win...

[bjfanc] 21/3/2017 10:35

With factset buying Bi-Sam. Will any of the other players follow suit.Panmure lists some of the following as competitors. These maybe interested in further consolidation.BloombergMSCIBlackrockSunguardSS&CSimcorp

[bjfanc] 20/3/2017 12:43

Paid nearly 7 times revenue.

[bjfanc] 20/3/2017 12:15

Statpro looks cheap given thishttp://investor.factset.com/investors/news-releases/press-release-details/2017/FactSet-Acquires-BISAM-Leading-Performance-Measurement-Provider-and-Risk-Management-Thought-Leader/default.aspx

[zipstuck] 16/3/2017 08:34

If H2 is annualised then this looks cheap with increasing recurring revenues and momentum. Increasing cash generation for future divi increases.