Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Anyone else out there using Google spreadsheets to track their portfolio?
Every now and then a stock stops showing properly and the last few days it's been CCC.
https://on.ft.com/2V9OU22
Always pleasing when you read in the FT what you feel to be the case!
I agree SZ - who knew it was a FTSE requirement to make an additional statement if the brokers are undervaluing the company and not following company guidance?!
Still , I think I can accept it and hope 9th Sept will deservedly take it north of £30.
Morning All
A definite buzz around the Hatfield site this morning.All eyes on Sept 9th
Agreed. Looking good here for a crack at £30
This is unusual. Why not just pleasantly surprise the market in September on results day?
Morning Jmcj
Happy to pass on information.The company are winning business,Daimler 145mil,Sky,etc and we are told another massive Dept of Education contract starting in Sept,500000 laptops.The Hatfield site will revert back to 24/7 hours Sept/Jan.
The latest SAYE will launch soon and i always advise any staff eligible to seize the oppurtunity.We are offered 10% for a 3yr contract and 20% for 5year which i have always done.I have 2750 options coming out Dec 21 which i took at £5.77 per share so a hefty bonus.
Feel free to message me with any questions which i wil do my best to answer.
Thanks for sharing Chelwood. Very interesting to get something of an inside account, much appreciated.
Yes,been here 20yrs and watched them grow.I believe the USA is the key to future grow of the company.The workforce has steadily increased over there and we are told they are performing very well.
A branch in Cluj,Romania is due to open as well.Onwards and upwards.
Do you work at the company?
Agree with sentiment on this board. It's an undervalued company vs peers so a long way for the shares to go, barring any general market corrections which could be looming.
My wife holds a lot of shares in Tesco and i monitor for her as she does not have the interest.Only this morning individuals were posting negative,i believe ite called ramping,paid de-rampers.
Thank the lord this site appears above that.
As an employee of CC i have just read this weeks notes from Mike Norris and it continues to be very positive.A few weeks ago information gleaned from the market suggests this could be £47 per share in 5years.
:-) I agreed but couldn't find the words to add to what I'd already said - this is undervalued and is moving nicely against the market in general. £34 is my fair value based on current PER, along with a cash return by May 2022. If we are lucky, we will get a revaluation to a PER of 25.
Good posts should be encouraged - one only needs to look at the drivel on VOD and GSK to see what a poor board is but sadly footfall on CCC isn't comparable.
Waiting for the 9th sept when results are announced,this could easily go beyond £30.
The CEO commented in his weekly address to staff last week that we will see just how well the company have performed.
Couldn’t agree more with you Zinc.
2,900 easier to take down.
BTW lovely to have a discussion board where we are all in full agreement.
Feels like a significant milestone! Been a tough nut to crack.
Yes there is a lot of scope for multiple expansion given peers such as Softcat trading high 30 PEs, with similar, if not lower growth over there?
What a very encouraging update. I'm a bit gutted that yesterday I didn't buy £20k more in CCC rather than splitting it between BT and AV but hey ho.
To be 50% ahead on profit over last year at the midway point, with some headwinds, is phenomenal. Going a little off-piste with a scenarios...even if they are 25% up by the year end, allowing for some tougher comparatives, that is EPS of 170p. I believe that CCC should be trading on a PE ration of 25 but even on the current 20x that is a share price of £34.
I believe that if it doesn't do any more acquisitions this year the cash situation may allow a special dividend too - so all in all very rosy in the Hatfield garden!
Computacenter said it 2021 will likely be another year of "substantial progress" following a robust first half performance.
The computer services provider expects to post 50% year-on-year growth in adjusted pretax profit for the first half of 2021. Profit would have been even further ahead had there not been supply shortages in the industry, it said.
"As we enter the second half of the year our Services backlog and more particularly our Product backlog, across all geographies, are at a record high which gives us a high degree of comfort," said Computacenter, adding that it concerns remain about supply shortages and a further strengthening of the pound, but does not believe either of these headwinds will get any worse.
The firm added: "After a record breaking performance in 2020, as we entered into 2021, there was some understandable scepticism as to whether Computacenter could continue with its 16 years of uninterrupted earnings per share growth. Given the performance in the first half, the current backlogs and the forecast to the end of the year, while nothing in life is ever certain and we face a stronger comparative in the second half, it is highly likely that 2021 will be another year of substantial progress for the group."
Using information from a recent presentation and the company seems to be focusing on growth in what appears to be a fragmented US market. Considering the pound's recent strength and its subsequent slide against the US dollar, its potential American earnings look attractive.
Down 5% since that tip, it appears I reversed the trend having shared it - we should be just about due an update from CCC as we seem to have got into a pattern of city trading statements every couple of months.
COMPUTACENTER (CCC) £26.80
In an era of unprecedented technological change there are thousands of organisations needing help with adaption and adoption, and Computacenter (CCC) is there to help. This is a pan-European IT enterprise operator whose 16,000-odd staff annually ship more than 25 million products to something like 4.5 million end users, providing valuable advice, support and services before and after in 30 different languages. The company has been part of the FTSE 250 index for most of the last 10 years and has been an astonishingly reliable investment for shareholders on both capital growth and income fronts. Brokers calculate that between 2006 and 2019 Computacenter handed back something like £350 million to shareholders in regular and special dividends, albeit having taken a short dividend break during the teeth of the Covid-19 outbreak.This means that over the last decade the shares have provided investors with an average annual total return of 17.9%. That means that for every £1,000 invested in the shares in 2011, you would now have a little more than £4,400. By contrast, £1,000 put into a FTSE 100 tracker would today be worth approximately £1,752, according to our calculations based on Morningstar data.
Computacenter operates in three parts that help clients embrace technology to stay competitive, engage better with customers, improve access to information and services, bolster efficiency or simply trim costs. On the infrastructure side it supplies customers with the desktop PCs, tablets, smartphones and other devices on skinny profit margins.
Professional services is where Computacenter experts consult and advise clients on a multitude of best-in-class software and applications, and resell what’s right for them. We’re talking about proper blue-chip venders, such as Microsoft, Apple, Oracle, Adobe, AWS, Cisco, Symantec and many more. Managed services go further still, providing an entire outsourced IT solution, which means clients don’t need to run their own large and expensive in-house IT teams. Computacenter effectively runs the IT show remotely on the client’s behalf, with 24/7 support, advice and problem solving available and local software
engineers on-call when needed. It is a model that has worked for years thanks to steady growth, consistent profits and
superb cash flows that feed into those reliable dividends. Investor returns resumed in October last year and the full year 2020 dividend of 50.7p per share was 37% up from its 2019 prepandemic payout. We believe this sort of performance will
continue into the medium, even longer term, and recent trading seems to back that view up, with guidance raised twice this year already. That makes the shares, on a 12-month rollingprice to earnings ratio of less than 20 look very attractive. (SF)
As an employee of 20years the USA in my opinion is the one they want to crack and bit by bit they are strengthening over there.Yesterdays 50million doller order is hopefully the start of some sustained contracts
Trading sounds to be positive but without numbers it's hard to hone in on the detail - GB currency has strengthened c8% against USD since the Pivot deal completed...should help buying equipment from US for UK but negative when converting back from US sales.
I would have liked to watch the Capital Markets event from yesterday afternoon just to understand the scale of the US opportunity but not open to Private Investors.
few nice large buys late afternoon..
Cant work out if this share is in a re-accumulation zone or distribution , either way it should go up . to retest the recent buying climax at 2500 area . Volume does not give to many clues any thoughts .
Gla