The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Looks overdone to me. Buy and forget imo
with CEO buying and buy rating from Canaccord to 700p the shares could appreciate upwards once consolidation has taken place.
That is significantly less than other Analysts
£100k - More like it - at an avg similar to mine so pretty happy with that!
Great stuff, 17k.
There’s some confidence in this..
Yes - this will be above 600 this week.
I am not expecting a quick or sharp rebound per se. But I think the price will be significantly higher than 580 in six months time based on the the strengths of Margins, ROCE and Cash position.
Anyone else think this is due a rebound?
Depends how quickly you want to see a profit.Yes short term you might be kicking yourself because you could have got in cheaper but this is a sound company that has decided to invest more of its profit into making it more profitable long term.This time next year Rodney!
Once a share has a big drop it takes a few days to stabilise before it goes up. Use james Fisher as an example. This may not be the floor it may still have a few steep falls.
I would sell this share before it goes ex div though.
Bought this for all the wrong reasons on Friday. And sold my rds b shares to purchase this. Regret it already. Bad move
agreed
Bought in on Friday and Today. Never been in this Co before but cant see any real justification for the large S.P. drop other than spending more profit on cloud. Overdone IMO & can see it back above £ 7 in a few weeks.
I thought Sage would have bounced today ,maybe tomorrow.
Go with a Mackerel over a Miracle any day.
'miracle'
£250,000 would be a mackerel
only £25k and its the first holding - wouldve liked to have seen a few more with a few 000s on the end!
Good Morning All, bought in SGE this morning, Good recovery play , very oversold.
Cheers
Jjust a great investment buy in opportunity with the shares set to climb longer term and getting paid a dividend for the privilege of leaving your money in situ in the interim so win/win. Neatly summed up in The Times,;
"Short-term pain trumped long-term gain yesterday as investors reacted badly to news that Sage would plough more money into expanding its cloud-based business, squeezing its profit margins next year.
Shares in the FTSE 100 accountancy software group fell by 91p, or 13.4 per cent, to 588¾p after Steve Hare, its chief executive, said that Sage planned to invest an extra £50 million to £60 million in research, development, sales and marketing to grow the business and improve the functions it offered across accounting, payroll and human resources."
No real reason imo
the drop?
DIRECTOR PURCHASE is a great show of confidence in tgis company from an insider !
Thanks for dropping me a line Holly, but what a strange angle. I got in the onion reference that Dodger picked up on, and a Viz one too: a satisfying net result.