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Bargain imo.
Earnings resilient to the pandemic. LTH
I would be very surprised, bar a Black Swan event, if this dips below 530. At the March lows is crazy for a business with it's fundamentals. Something positive in next update should send this higher imo.
I used IRBK. Pretty wide bid ask spreads and doesn't seem to be any volume but I thought I'd give it a go, as SP is silly low.
What is every ones thoughts on next weeks update ?? This got hammered last time out and has been in a slow decline ever since. The only positive since then was the director buy on the 29th Dec .
Jsydermills,
Which broker do you use re options ?
If you are not US based have you had any issues re compliance /tax.
I am EU based and have had a lot of probs re US brokers and options.
Thanks Jsydermills
Bought some April 16 580 calls at 249. Let's see
that was bad timing and i am out with a small lost.
in at 552
After XD: Between 540 - 560p
No brainer.
I assume that by its performance recently, we as shareholders have to pay the company a dividend post XD day?
Dog of share that one really made me laugh sage has made small time investors millionaire s when it floated in mid eighties amazing company
As a medium or long term bet I'd say it's an excellent choice. Two dividends in H1 and the SP is only 9% above the 365 day low during the Covid crash of last Spring. The market recovery has totally left Sage behind; this here now feels like when I bought Fevertree at 15 quid not that long ago. GLA.
thanks for your helpful comments everyone. I'll hold off before buying the other half of my investment and try and get in below 560. I've been looking for a long term investment to forget about and decided SAGE seems like a reasonably safe bet. GLA
Interesting holo.
Just looking at market value in ftse 100 over 3 years.
Circa 65th position to 55th to c.70th today. Maybe the big indexes are trading the cycle you refer and lending a % to short
The cfo recently bought at 583 .
SGE has followed a pattern in the last 3 years, just look at the line chart. Over these 3 years the price has had 3 drops to around 550 and 3 rises to around 770. There have been many theories as to why, but most were unsubstantiated , many PI,s have put forward their own views over the years but still it follows the pattern.
So I shall be buying (probably tomorrow) when the price is 550 or lower and put them away for around a year and if normality continues will sell around 700 - I have been able to do this for the last 2 years, so will review in 6 months.
Good luck to all.
Gone, it seems, are the days when an upcoming dividend payment was seen as a reason to buy in. Everyone is a trader. Mind you, this is certainly is a frustrating hold at the moment but I’ll see what the price is after tomorrow takes effect, and top up if there’s a further fall as expected to price in the divi.
Agree, underpriced. Think buying at ex div price tomorrow is less risky than price today as its being controlled off the market by marshall wace and gladstone. Get the div either way?
Market seems confused since the reaction to the results. The company beat expectations and the price tanked.
Sage are becoming more focused and reinvesting in a core strategy which they believe will add the most value over the long term. I would encourage people to take a closer look at their Full Year results, they were actually quite good.
It is underpriced and may stay that way until the next company update. Not long to go.
I've not come across any analysis on this forum, which reveals any real skeletons. The impact on growth from the pandemic is priced in. Some people are getting frustrated waiting, but I am happy to keep loading up at this level.
Just bought back in @568 after losing my patience with SAGE and selling a few months back. Anyone know why this can't get seem to pick itself up from the doldrums??
Glad I got out of this dog of share and into RDSB . I actually made money today. Would have lost money had I remained here. Even GlaxoSmithKline is looking better than Sage.
An insider buying £100 000 and an unknown seller of £124 000 are hardly the same.
Besides, take a look at the TWO £1 000 000 buys after hours. (Not including the +\- £1 000 000 pairing.)
Told you all last week that they will shake this like a maraca!
This will be 600-610 soon - maybe 1 month.
Ive got £50k here and not worried at all - loads of cash, no debt, great retention, over reaction drop re reducing margin etc
I will be out at 610 but leave maybe £10k for a year as good returns and safe as they get
GLA
Is that the same as the £124k sell after hours?
If anybody does know something bad they clearly forgot to tip off the insider who recently bought £100 000 of shares.
In the famous words of Keynes: the market can remain irrational longer than you can remain solvent. That is why you just buy and hold, will be surprised if we do not hit £7 again this year. GL all!