1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Dear Guest, we realise advertising is annoying, it is however necessary to help us be a sustainable resource for all, if you want to go advert free then please use the following link to subscribe for £5 a month: Click here
    Dismiss Notice

(SGE) Sage General Share Chat

Discussion in 'General Share Chat' started by Inspiration, Jun 29, 2015.

  1. Inspiration

    Inspiration Moderator Moderator

    Messages:
    2,288
    Reputation:
    788
    Monday 29 June, 2015

    The Company was notified after close of business on 26 June 2015 that Mr Neil Berkett, a director of the Company, purchased 20,000 ordinary shares of 14/77pence eachin The Sage Group plc on 26 June 2015 at a price of £5.3118 per share.
     
  2. Inspiration

    Inspiration Moderator Moderator

    Messages:
    2,288
    Reputation:
    788
    Sage has been around for years and provides SME's with accounting and other business software. It is very widely used in the UK and most accountancy and bookkeeping adverts for SME's will ask for Sage experience. It pays annual dividends and over the last 5 years these have ranged between 2.8% and 3.8%.

    The large director buy on Friday is a good sign of director confidence, but it has been overshadowed this morning buy the Greek crisis.

    PERFORMANCE
    1 week - 0.56% 1 year 39.44%
    1 month - 5.96% 2 years 60.67%
    3 months 16.04% 3 years 101.88%
    6 months 15.84% 5 years 125.68%
     
    Last edited: Jun 29, 2015
  3. ShortTracker

    ShortTracker Auto Post Alert

    Messages:
    3,236
    Reputation:
    5
  4. ShortTracker

    ShortTracker Auto Post Alert

    Messages:
    3,236
    Reputation:
    5
  5. ShortTracker

    ShortTracker Auto Post Alert

    Messages:
    3,236
    Reputation:
    5
  6. ShortTracker

    ShortTracker Auto Post Alert

    Messages:
    3,236
    Reputation:
    5
  7. ShortTracker

    ShortTracker Auto Post Alert

    Messages:
    3,236
    Reputation:
    5
  8. ShortTracker

    ShortTracker Auto Post Alert

    Messages:
    3,236
    Reputation:
    5
  9. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Read Panmure Gordon & Co's note on SAGE GROUP PLC (SGE), out this morning, by visiting https://www.research-tree.com/company/GB00B8C3BL03
    "The wise guys Interim results headline with a small beat at revenue, in line profit, but a strong bounce back in the US performance. All in H1 which should replay the ‘it’s getting better’ theme – although Sage will stress that it is still “at the foothills”... While the shares look expensive on an earnings basis (PE 23 x) we think that ..."
     
    Latest Given Reputation Points:
    Inspiration: 5 Points (Useful link. Thank you.) May 5, 2016
    Inspiration likes this.
  10. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Read Panmure Gordon & Co's note on SAGE GROUP PLC THE (SGE), out this morning, by visitinghttps://www.research-tree.com/company/GB00B8C3BL03

    "Sage is in the throes of a sleeves-rolled up restructuring– the razzamataz of the ‘we are doing this’ has passed – now it is the workaday execution part; CFO Steve Hare’s stature has visibly grown. This kind of progress is never in a straight line; customers, like cats, can be difficult to herd and driving behavioural change in the 13,000 FTE organisation is never easy. However, from yesterday’s results and subsequent analyst meeting we are encouraged by: (i) US progress YTD (traction looks far better and they benefit from currency tailwind) (ii) deep internal change with c 71 refresh in the top one 100 staff. While this has..."
     
    Inspiration likes this.
  11. Inspiration

    Inspiration Moderator Moderator

    Messages:
    2,288
    Reputation:
    788
    Glad to hear of some changes at Sage. It has always been a good company, with a reliable product used by most SME's, but the share price has never done anything spectacular. Most job adverts for clerical finance posts, will ask for Sage experience, because it is the industry standard.

    I've always assumed that the share price has remained steady, because the company hasn't expanded much into new markets. Maybe this is about to change? Thanks for the posts @Mongoose82
     
  12. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Read AlphaValue's note on SAGE GROUP PLC (SGE), out this morning, by visiting https://www.research-tree.com/company/GB00B8C3BL03

    "H1 15/16 earnings (October 15-March 16) Revenue was £747m (+4.1%) and organic growth was 6.2% (vs +6.2% in H1 14/15), in line with expectations. Organic revenue growth was driven by recurring revenue (+10% to £513m vs +7.7% in H1 14/15) and processing revenue (+6.6% to £97m). By geographic area, Europe was the most dynamic (+7% to £398m), ahead of North America (+6% to £256m) and International (+5% to £93m, o/w +17% in Africa, +7% in Brazil and Australia, -29% in the Middle East and Asia). Organic operating profit was..."
     
    Inspiration likes this.
  13. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Read Panmure Gordon & Co's note on SAGE GROUP PLC THE (SGE), out this morning, by visitinghttps://www.research-tree.com/company/GB00B8C3BL03

    ""SageLive is the future”, the Sage sales VP confided at the Salesforce World Tour yesterday afternoon. Given the lack of disclosure on the customer count, two identified – we wondered what kind of a lonely future that might be. Despite a nice narrative SageLive plays in a crowded market and for whatever reason (possibly too few early adopters, too recent debut (February in UK), functional gaps) SageLive’s “rubber has yet to hit the road” in any meaningful way. Nonetheless we take some comfort from our day trip to Salesforce..."
     
  14. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Read Panmure Gordon & Co's note on Sage Group, out this morning on Research Tree:

    "While Intuit shares fell after hours, nonetheless the company beat Q3 and raised FY guidance. The readacross for Sage is that it was Intuit’s online edition of Quickbooks which was at the heart of the beat – Sage needs to up its cloud game. Intuit reported Q3 EPS US$3.43 ex-items vs consensus (source FactSet) US$3.21 with revenue +8% to US$2.30Bn vs consensus US$2.25Bn. Q4 Guidance: EPS breakeven vs consensus..."

    https://www.research-tree.com/company/GB00B8C3BL03
     
  15. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    Panmure published a note on Sage this morning:

    "Following our trip to Salesforce World Tour (19 May) we decided to dig some more into the marketing efforts around Sage Live. Spending time on the Sage marketplace (investor think of it as Sage’s ‘appstore’) we note what appears to us to be a record number of new additions of independent software vendors... our view is that Sage only has to tap into a fraction of the Salesforce pixie dust (200,000 customers) to have a large success on its hands... if there is upside to our FY/2016E estimates (ended 31 September) it is unlikely to be from Sage Live, but we did not expected that anyway. The valuation remains on the high side on PE 23.9x, 16.0x EV/EBITDA – with 2.3% div and 2% FCF yield."

    https://www.research-tree.com/Corporate/index?cid=GB00B8C3BL03
     
  16. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    "A blog post by Sage CEO Stephen Kelly in the wake of the Brexit vote reminds us of Rudyard Kipling’s poem ‘If’. Mr Kelly (himself of the stoic Best of British school) urges his key constituency, the UK entrepreneurs to in effect Keep Calm and Carry On. This is a necessary message in these times, when the body politic seem headless, and many CEOs are ‘doing an ostrich’. Tech’s wider stakeholder community (users, employees, supply chain partners and investors) need a guiding hand to give them (us!) some fixed compass point in these uncertain times and to encourage us to think that “Ours is the Earth and everything that's in it”. Hat tip Mr Kelly. We expect Sage to update guidance at the forthcoming Q3 update (for us: Sage wins on translation from the US dollar and better execution there, flags up new economic uncertainties in the UK and euro area) but all in it should set a reassuring tone." Panmure note out today: https://www.research-tree.com/company/GB00B8C3BL03
     
  17. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    "Failsail won the Scale-Up category last night at the Worshipful Company of Information Technologists Enterprise Awards (aka the IT Oscars) a glittering event hosted by IT luminary John O’Connell. The award salutes companies who have exhibited dramatic growth – Fairsail has 1000% in the past 5 years. The news is of interest to Sage shareholders because Sage just made a £10m investment in Fairsail, for a 21% stake and has a seat on the board – Sage CMO Santiago Solanas."

    Panmure note just out: https://www.research-tree.com/company/GB00B8C3BL03
     
  18. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    "Our friends at Bloomberg tell us that ‘Sage plc’ was the most searched stock on their systems yesterday. We think that this followed the Micro Focus banner results, with folks thinking “Will Sage pull it out of the bag and put a positive on the screen?’. There are some significant differences between the pair; they are both in restructuring mode, both are global – but differences include Sage is Sterling reporter, Microfocus is US$ and Micro Focus has c 5% of revenue in the UK. However, we think that Sage will signal that it is trading ‘in line’ at its forthcoming Q3 IMS."

    Panmure Gordon: Https://www.research-tree.com/Company/GB00B8C3BL03
     
  19. Mongoose82

    Mongoose82 A Legendary Member

    Messages:
    977
    Reputation:
    40
    An update from Panmure:

    "The Q3 IMS reaffirms FY guidance, and there is no material change post the EU referendum. Regionally Sage sees continued momentum in Europe and North America, with an improved performance from the International region. It was ever thus at Q3. The IMS coincides with the user-fest Sage Summit being held in Chicago. At the opening CEO Stephen Kelly again championed the cause of the entrepreneur and an interview with Richard Branson took the c15k delegates to an aspirational level as they championed the cause of the entrepreneur. Thereafter there were three new product debuts – the interesting one being Sage 50 delivered on Microsoft 365..."

    Https://www.research-tree.com/compa...up-plc-the/research/i-have-a-dream-27-07-2016
     
  20. Graham Hacker

    Graham Hacker Moderator Moderator

    Messages:
    1,345
    Reputation:
    2,982
    On today’s update and sp drop I have made my first investment into Sage (750p). The underlying situation remains very positive and the uptake on its Cloud (SAAS) product is very encouraging. Margins are likely to show a progressive increase as the hosting revenues create additional income with minimal sales effort. Can’t get too disappointed in sales drop in France!
     

Share This Page