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

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.

Bounced of 25DMA, resistance 470p. Trading Statement 28th Ex-Divi 12th Febuary.

Sage Group on course to achieve targets

StockMarketWire.com

Sage Group said it remains on course to achieve the targets of 6% organic revenue growth and 28% operating margin in 2015, with the anticipated acceleration in revenue growth weighted towards H2, as stated at the time of the 2014 full-year results.

"For the first three months of the year, Group organic revenue increased by 5.3%," it said in a statement.

"Organic recurring revenue grew by 7.0% for the first quarter, primarily driven by software subscription growth, and organic software and software-related services ("SSRS") revenue grew by 1.0%," Sage said.

"Organic software subscription revenue growth of 28.8% in the quarter maintains the growth momentum reported with the 2014 full-year results. All regions contributed to this performance, with Europe delivering particularly good growth on an established software subscription base.

"As stated at the time of the 2014 full-year results, areas of weakness continue to be payments in North America and Europe Enterprise, particularly in France, and Management remain focussed on taking actions in these areas.

CEO Stephen Kelly commented:

"This is a solid start to the financial year and the overall growth trajectory remains on track."

Interim results tomorrow. 500p breached early doors, toss up, heads profit taking, tails pump up the volume and go higher. Not overbought yet on RSI, MACD looks promising. Fingers crossed.

RNS Number : 2761M

Sage Group PLC

06 May 2015






Sage Group plc unaudited results for the six months ended 31 March 2015

Wednesday 6 May 2015

Good operational progress - on track to meet 2015 targets


FINANCIAL SUMMARY1

H1 2015

H1 2014

Change


Organic revenue

£682m

£642m

+6.2%


- Organic recurring revenue

£499m

£463m

+7.7%


- Organic software and software-related services ("SSRS") revenue

£183m

£179m

+2.4%


Organic operating profit

£192m

£176m

+9.1%


Organic operating profit margin

28.1%

27.4%

+70bps


Underlying basic earnings per share ("EPS")

12.66p

10.88p

+16.4%


Underlying cash conversion2

112%

109%

+3%


Ordinary dividend per share ("DPS")

4.45p

4.12p

+8%





STATUTORY

H1 2015

H1 2014

Change


Revenue

£699m

£657m

+6.5%


Operating profit

£183m

£174m

+5.1%


Profit before tax

£173m

£165m

+4.9%


Basic EPS

11.86p

10.58p

+12.1%

Breakout.

the blast , nice .