Member Info for squadraazzura

The family holds 27%.

If one reads between the lines a takover will happen in not a long future.

https://www.investing.com/news/company-news/brookfield-confirms-it-will-not-make-offer-for-hikma-pharmaceuticals-93CH-4485730

The main reasons for holding for me are:

1/ A decent dividend yield: I will get over £1000 on 30 April for my 3000 shares.

2/ It is in a sector (health) that is always in need, with or wihtout war; with and withour recession.

3/ It has no connection to those non stop stories about AI et al. that are haunting the markets.

4/ It could attract a preditor for a takeover if the sp is depressed.

This is enough for me to hold for 2/3 years because when dust settles everything will start to recover.

IMO the sharp drop is exagerated.

Its market cap is lower than its sales with a PE less than 10 - the lowest in the sector.

To me this will correct accordingly.

I am a strong buyer at these levels - any price below £13 is a good point of entry.

Add a decent dividend yield of over 5% as a regular steady income as the bonus.

To hold for at least 24 months - if not taken over by then...

Very happy to be patient.

IMO the reason for the drop could be the risks on its various locations in the Middle East.

If its inspectors cannot travel to audit and witness testing, it would be a total freeze on its income.

This is just a personal opinion but overall ITRK is an excellent company with a good business model.

Too many red flags to me:

1/ Directors selling

2/ Tough competition

3/ Not suitable for long term investors

4/ Very risky

5/ No phone support

6/ Account restrictions for withdrawals

7/ High Overnight Fees: Financing rates for holding positions overnight are considered very high.

8/ Inactivity Fees: A fee of up to USD $10 per month is charged if you do not log in to your account for three months.

9/ Currency Conversion Fees: A fee of up to 0.7% is applied to all trades on instruments denominated in a currency different from your account's base currency.

10/ Spreads: While competitive, spreads can be higher than industry averages for certain instruments, particularly during volatile, low-liquidity times.

So to me I cannot invest in such a high risk stock.

Thanks Nomad.

Ashtead is mainly a third party play for companies such as Prysmian.

Ashtead know how such as Cable Tracking & Survey, Installation Support, Asset Integrity and inspection is very useful for both internet and power cables

particularly in the North Sea/Scandinavia area as sabatoge believed to be caused by the Russians occurred a few times.

This is in addition to both, oil & gas and renewable energy infrastructure projects, including offshore wind array cables.

For such varied experience, it won't be long before the likes of Ashtead Group or even Prysmian takes it over because it is very undervalued for what it can offer.

Thanks Nomad.

Ashtead is mainly a third party play for companies such as Prysmian.

Ashtead know how such asCable Tracking & Survey, Installation Support, Asset Integrity and inspection is very useful for both internet and power cables

particularly in the North Sea/Scandinavia area as sabatoge believed to be caused by the Russians occurred a few times.

This is in addition to both, oil & gas and renewable energy infrastructure projects, including offshore wind array cables.

For such varied experience, it won't be long before the likes of Ashtead Group or even Prysmian takes it over because it is very undervalued for what it can offer.

A hidden gem slowly recovering its real value.

Has the lowest PE ratio and market cap for what it can deliver !

In 12 months I won't be surprised to see the share price going over £10 - if not taken over by then...

One of the best defensive stock to own and keep for the long term in any balanced portfolio.

Shares in Issue: 80.38m

Market Cap: £352.07m

PE Ratio: 12.20056

EPS: 35.90

Interesting to see Lothian Pension Fund increasing their stake from 4% to 5%.

Sorry: I meant "off shore".

In any case this looks very undervalued compared to what it's capable of delivering when one looks at the progression of revenue growth.

Due to its strategic technoclogy in on shore such as internet and electric cables, pipelines etc. sabotage and its cheap market cap

compared to its overall revenues, it can easily be takenover.

Within a year or two revenues will be higher than market cap.

Yes.

£200 million share buyback and £800 million specia dividend.

Any idea on how much is the special dividend ?

If they commit £800 million for the special dividend, with total issued shares of 167.5 million, this should be at least around £4.5 mark surely.

Sage AI development:

hTTps://ffnews.com/newsarticle/fintech/sage-intacct-delivers-new-ai-powered-capabilities-to-transform-how-finance-teams-close-analyse-and-act-on-financial-data/

Sage doesn't need to demonsttrate anything as it is quietly delivering excellent results every quarter.

UBS is already convinced AI will benefit Sage.

"UBS Evidence Lab survey data indicates Sage customers are willing to pay up to 11% more for AI-based enhancements to their software, with almost all respondents expressing interest in adding AI capabilities to their accounting solutions."

Better to remain with Sage than going into unknown territories.

No company would drastically modify its accounting procedures just like that.

hTTps://uk.investing.com/news/analyst-ratings/ubs-upgrades-sage-stock-rating-to-buy-on-ai-growth-potential-93CH-4447549

Then, which company can do better nowadays ? Because the last quarter update is convincingly enough for me.

"In North America, revenue increased by 13% to £304m, with a strong performance from Sage Intacct together with continued growth in Sage 200 and Sage 50. In the UKIA region, revenue grew by 10% to £194m, driven by the rapid scaling of Sage Intacct alongside continued growth in small business solutions, including Sage Accounting and Sage 50. In Europe, revenue increased by 7% to £176m, with good growth across our accounting, HR and payroll solutions.

Sage Business Cloud revenue increased by 15% to £574m, driven by balanced growth from both new and existing customers, including cloud native revenue growth of 24% to £253m (Q1 25: £205m).

Recurring revenue grew by 10% to £655m (Q1 25: £593m), reflecting continued momentum in Annualised Recurring Revenue (ARR) during the quarter. Software subscription revenue grew by 12% to £568m (Q1 25: £507m) resulting in subscription penetration of 84% (Q1 25: 83%).

On an organic basis (excluding the impact of M&A), total revenue increased by 10% to £673m (Q1 25: £612m), while recurring revenue increased by 10% to £654m (Q1 25: £594m)."

The directors are buying though ...

The manipulators and the young "ana...lysts" have to invent a new story to make quick gains.

Even AI itself was the culprit a while ago, causing a slide in pure AI stocks.

Once they have no other story to tell, they reverse the trend and everything is forgotten.

This is how the sharks operate and playing the markets.

How on earth a decent company using a well known company such as SGE will feel confident to giving all its secrets to AI machine ?

When the term "fake news" was invented and acknowledged, there is no trust left anywhere.

Imagine a company dealing with Sage for decades going to commit suicide !

Sage itself is already adopting AI ...

Too many stupid people and too many manipulators in this new world nowadays.

Regarding the results, Sage hase already flagged up strong growth. So no need to justify anything.

May the shorters burn.

Who can do better ?

"Recurring revenue grew by 10% to £655m (Q1 25: £593m), reflecting continued momentum in Annualised Recurring Revenue (ARR) during the quarter. Software subscription revenue grew by 12% to £568m (Q1 25: £507m) resulting in subscription penetration of 84% (Q1 25: 83%).

On an organic basis (excluding the impact of M&A), total revenue increased by 10% to £673m (Q1 25: £612m), while recurring revenue increased by 10% to £654m (Q1 25: £594m)."

Who can do better ?

"Recurring revenue grew by 10% to £655m (Q1 25: £593m), reflecting continued momentum in Annualised Recurring Revenue (ARR) during the quarter. Software subscription revenue grew by 12% to £568m (Q1 25: £507m) resulting in subscription penetration of 84% (Q1 25: 83%).

On an organic basis (excluding the impact of M&A), total revenue increased by 10% to £673m (Q1 25: £612m), while recurring revenue increased by 10% to £654m (Q1 25: £594m). "

Sage is using AI to improve efficiency.

No AI can totally replace any specific industry but could easily replace individuals in certain areas (for example health diagnosis for instance).

Robotics decimated shop floor workers in automotive industry.

Who were the main beneficiaries ? The car manufacturers.

At the end if the day the aim of AI is to improve things making them easier, faster and leaner and the main beneficiary will be Sage of course - as it is extensively adopting AI for some time now.

They did the same for AI companies some time ago then everything was forgotten.

They need to manipulates events to short and make quick money.

Within 12 months Sage share price will be over over £12 as they are a well known trusted company, making good profit and growinfg over 10%.

So to me this is Total Exaggeration.