Sage says sees higher growth with expanding customer base.
Good news for investors
http://www.polskishop.com/9_05_03.htm
STOCKSURGERY
www.polskishop.com

Stop to 369.47 to lock in + 17

400, turned up nice 50 pts run in fact , good job chris

More to come hopefully tomasz, final results week on Wednesday 3rd December (my birthday).

Taken profits today, see how results come in next Wednesday.

You have probably got better things to do on your birthday anyway!

That's true db :0)

Had a good run and has turned down from being over bought on chart. Results tomorrow. The trend would appear lately on results day for stocks to go down on profit taking. Still think there is potential here for a target of 430p imo.

Resistance is 410p. Leaving a Limit Buy @ 412.0 and see what happens tomorrow.

LATEST BROKER VIEWS

Date Broker New target Recomm.
2 Dec Westhouse... 467.00 Add
26 Nov Numis 449.00 Add
24 Nov Canaccord... 422.00 Hold
21 Nov Credit Suisse 355.00 Underperform
20 Nov Panmure Gordon 410.00 Buy
19 Nov JP Morgan... 395.00 Neutral
24 Oct Canaccord... 422.00 Hold
2 Oct Espirito... 480.00 Buy
2 Oct Credit Suisse 355.00 Underperform
1 Oct Canaccord... 422.00 Hold
Broker Recommendations for Sage Group (The)

Sage Group improves FY pertax profit by 69.1%

StockMarketWire.com

Sage Group has improved its FY pertax profit by 69.1% to £278m, from £164m. Revenue was £1.31bn, from £1.38bn. Its total dividend was 12.12p a share, from 11.32p.

CEO Stephen Kelly said he reconfirmed the board's financial targets for 2015 and recognised the 2014 results as an important milestone on the path to meeting them.

"Our financial performance demonstrates the strength of Sage's global business and the quality of relationships it has with millions of SME customers worldwide," Kelly said.

"Looking ahead, I believe that Sage, as a trusted partner to our customers, can be even more instrumental in supporting the success of SMEs around the world.

"I look forward to building on Sage's technology leadership, both in the cloud and on-premise, together with our outstanding customer support, to the benefit of our current and future SME customers."

Sage said it was on track to deliver the 2015 financial targets of 6% organic revenue growth and 28% operating profit margin:

Key financial milestones achieved for 2014 with organic revenue growth of 5% (2013: 4%) and organic operating profit margin of 27.5% (2013: 27.1%);

Software subscription revenue growth of 28% (2013: 13%) the primary driver of organic revenue growth;

Organic recurring revenue growth increased to 7% (2013: 6%), with organic SSRS revenue contracting by 1% (2013: flat);

Improved revenue mix with recurring revenue representing 73% of Group revenue (2013: 71%); and

Recurring revenue growth, with strong subscription growth, underpins confidence in meeting 2015 targets.

Moreover, it said sound execution against strategic priorities sees subscription base increase and cloud momentum build:

The move to higher quality software subscription revenue continued, with a 29% increase in the organic annualised value of the software subscriber base to £220m (2013: £170m);

Subscription is driving increased customer loyalty, which is reflected in an increase in the recurring contract renewal rate to 83% (2013: 82%);

Strong momentum for Sage One as a small business global cloud solution; present in 10 markets and ca.150% increase in paying subscriptions to 86,000 (2013: 35,000), driven by strong run-rates in the UK & Ireland ("UKI") and South Africa; and

Disciplined resource allocation continued with 17% increase in R&D and S&M expenditure on "Invest" products.





Story provided by StockMarketWire.com

LATEST BROKER VIEWS

Date Broker New target Recomm.
3 Dec Westhouse... 467.00 Add
2 Dec Westhouse... 467.00 Add
26 Nov Numis 449.00 Add
24 Nov Canaccord... 422.00 Hold
21 Nov Credit Suisse 355.00 Underperform
20 Nov Panmure Gordon 410.00 Buy
19 Nov JP Morgan... 395.00 Neutral
24 Oct Canaccord... 422.00 Hold
2 Oct Espirito... 480.00 Buy
2 Oct Credit Suisse 355.00 Underperform
Broker Recommendations for Sage Group (The)

Stop to entry for risk free trade.

Happy Birthday Chris - have a good one!

Cheers db, moved my stop to 415p on the spreads. Out of here, not wasting the day screen watching. Pint with my name on it! :0)

Nice b-day premium run here, universe conspiring in favor of fully devoted chris.

LATEST BROKER VIEWS

Date Broker New target Recomm.
4 Dec Exane BNP... 370.00 Underperform
4 Dec Citigroup 475.00 Buy
4 Dec Credit Suisse 385.00 Underperform
4 Dec JP Morgan... N/A Neutral
3 Dec JP Morgan... N/A Neutral
3 Dec Westhouse... 467.00 Add
2 Dec Westhouse... 467.00 Add
26 Nov Numis 449.00 Add
24 Nov Canaccord... 422.00 Hold
21 Nov Credit Suisse 355.00 Underperform
Broker Recommendations for Sage Group (The)


Mixed bag from the above today sold half of holding. Overbought on chart again. Watching re spreads.

Currently 441.95 breakout and all time high.

not too worry that overbought lagging stuff as is proving useless. retail chasing, flying anyway.

Certainly is tomasz.