Updates

Softcat

November 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Softcat’s finals to end July show an incredible 52 consecutive quarters of growth as well as the monster cash generating machine at work. With next to no capex required in its expansion, net cash at the year end was £72.8m, having paid £45.3m in dividends. This time the results are accompanied with another 15.1p special dividend as well as the regular dividend. In the three years since IPO it has returned total cash of £136.8m to shareholders.Revenue growth was very strong, with the company marking its 25th year in existence with sales going over £1bn for the first time (+29%) and gross profit of £175.2m (also +29%). The former was helped by a 5% rise in the number of customers to 11,900 and a 23 ...

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Softcat - Benefits as customers accelerate buying decisions for IT (May 2020)

Softcat - 56 quarters of consecutive organic growth (December 2019)

Softcat - Exceeding market expectations (August 2018)

Softcat - Gain since write up: 174% (June 2018)

Softcat - Forecasts raised for next three years (March 2018)

Softcat (November 2017)

Softcat - Strong start to second half (April 2017)

Softcat - 14.2p special dividend (November 2016)

Softcat (June 2016)

Softcat (April 2016)

Softcat - 40 consecutive quarters of growth and a tidal wave of cashflow (December 2015)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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