Sage Group (The) Live Discussion

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Gamesinvestor1 10 Sep 2019

Payments Read through last set of interims and at least on the top level presentation it doesn’t break out the value of the payments in terms of contribution to revenue, profit and expenditure. Does it make sense to have an integrated accounts package without a payment option and HMRC link? Someone dosen’t like this announcement because the stock price is now off 4.76% at 660 as I type. It isn’t due to the £ strengthening either, as other multinationals are up today, like RB, BATS, IMB, IGG etc. Games

Gamesinvestor1 10 Sep 2019

Sage Pay Sale Potential [link] Anybody have a handle on just how significant Sage Pay is? It seems to have been received badly as the share price is falling - down 2.92% as I type at 672.6 Games

bigdata 05 Aug 2019

Sold 789 looks like you did well there, I stuck with it and am now back to square one ATB

Gamesinvestor1 25 Jul 2019

Trading Statement [link] Lots of emphasis on recurring revenue, seemingly pushing down in the message the 16% decline in software and service revenue. Stock falling all morning so far - 10.68% down as I type. These results are not liked it seems. Games

Gamesinvestor1 21 Jun 2019

Sold 789 Done – Valuation looks stretched, divis collected for this year and on a P/E of close to 27 it’s best run looks behind it. It’s still in Terry Smith’s fund, but with close to a 40% gain in just over a year, too tempting to take profits considering every slight earnings miss sees 20-30% sell offs. The yield at 2% is mediocre now.Could have left some on the table, but that’s OK. Games

Gamesinvestor1 17 Jan 2019

Trading Update On the up at last :- Trading update for the three months ended 31 December 2018 The Sage Group plc (the Group) is today issuing its trading update for the three months ended 31 December 2018. Financial performance Group organic1 revenue increased by 7.6% to £465m for the first three months of the year. Recurring revenue increased by 10.5% to £387m, underpinned by software subscription growth of 27.7% to £237m, building on the momentum generated at the end of FY18 as the business continues to focus on subscription, assisted by a softer comparator in Q1 18. Software and software related services (SSRS) revenue declined by 5.8% to £65m reflecting the managed decline in licences as the business transitions to subscription, offset by a slight increase in services. Organic revenue growth of 7.6% reflects growth in products within, or to be migrated to, Sage Business Cloud of 9.3% to £380m and a slight increase of 0.6% to £85m in products with no current path to Sage Business Cloud. Regionally, North America delivered revenue growth of 10.4% to £154m, with double digit recurring revenue driven by cloud connected solutions and Sage Intacct. The UKI showed strong signs of recovery with revenue growth of 5.9% to £96m and double digit recurring revenue growth driven by Sage 50 cloud connected migrations. In France, revenue growth of 5.8% to £69m reflects continuing recovery in recurring revenue, driven by Sage 200 cloud connected. Performance in other regions was largely in line with expectations. Sage announced on 15 January 2019 that it has entered into an agreement for the sale of Sage Payroll Solutions to iSolved HCM, LLC. This business was classified as held for sale and excluded from organic numbers at year end FY18. Steve Hare, Chief Executive Officer, commented: “We have been encouraged by the strong start to FY19, reflecting the renewed focus on high-quality subscription and recurring revenue as we continue the journey to becoming a great SaaS business. Looking ahead we reiterate our full year guidance for FY19 as outlined at the FY18 results announcement.” Games

Gamesinvestor1 15 Jan 2019

Payroll “”""""LONDON (Alliance News) - Sage Group PLC said Tuesday it entered a sale agreement to dispose of its outsourcing business, Sage Payroll Solutions, to iSolved HCM LLC. Sage will sell the division for GBP78 million, of which GBP73 million will be paid in cash on completion. The remaining GBP5 million represent a contingent consideration, the company added. The company expects to report a statutory profit on disposal of GBP23 million at the end of the divesting process. This divestiture is part of Sage’s strategy to focus on subscription software solutions related to the Sage Business Cloud. Sage Group shares were trading up 0.5% at 595.00 pence each."""""""" It’s all about the software it seems. Games

Gamesinvestor1 21 Nov 2018

Results FY18 organic revenue growth of 6.8% (6.6% including asset held for sale) and organic operating margin of 27.8% achieved (27.2% including asset held for sale1); • Improvement in H2 18 performance with renewed focus on high-quality subscription and recurring revenue, driving accelerated momentum into FY19, with issues identified in H1 18 addressed; • Building on this momentum, Sage Business Cloud ARR is now £434m, growing at 51%; • In FY19 the business will continue to sharpen its focus on accelerating the transition to Software-as-a-Service (SaaS) with key operational priorities identified to do so. Stock hit again - results seem reasonable. Games

Gamesinvestor1 31 Aug 2018

CEO Out [link] Stock down 7.19% Games

gamesinvestor 02 May 2018

Sales Force Sacked [link] like a painful exercise and an indication that all really isn't well at Sage.I bought in at 581 and doubled up today at 642 -- I'm wondering now if that was wise?Often when you panic sack a lot of sales people and 30 seems quite a lot it's a scapegoat exercise for the fact that maybe the software isn't working properly, or there are missing features preventing the customer buying, or you are losing to competition -- sacking the sales people rather than fixing those issues sometimes seems like the macho thing to be seen to be doing, maybe?Games

latife 23 Apr 2018

price Having held these for many years, debating , whether to take my profit! Any views might be useful!

axolotl 17 Apr 2018

Re: NEW ARTICLE: Bargain hunters pile in... It isn't. The author suggested that the shares are fully valued at £6.

terribletim 16 Apr 2018

Re: NEW ARTICLE: Bargain hunters pile in aft... Why is it still falling then? This “bargain hunter” has still got his hands in his pockets.

gamesinvestor 14 Apr 2018

Accounting Software This is a summary of Sage cloud offering :-[link] concludes with these caveats against competition, can anyone comment if Sage are addressing these shortfalls, which seem pretty fundamental to me -- I was a bit shocked to learn the software doesn't allow repeatable items like invoices, which seems a fairly noddy thing to implement and considering the age of the company, is a negligent omission in my view.This is the conclusion from the link below:-""""There isn't an option to create recurring invoices, which may be inconvenient if you offer any subscription products or services.The system lacks the ability to schedule automatic payment reminders, track billable hours or add expenses to invoices. As a workaround, you can manually enter billable time and expenses to invoices, but there isn't a built-in feature that streamlines these tasks, and you can't attach receipts to invoices.It doesn't create purchase orders, which would be useful features for businesses that sell products. Sage Business Cloud Accounting has an attractive dashboard with graphs and charts that give you a clear overview of your business's health. With the Start plan, you can create invoices, manage your expenses and run a variety of reports to monitor your business's financial health. With the Accounting plan, you can create quotes and estimates and convert them to invoices and track inventory. However, it lacks some of the timesaving automations that many of its competitors offer, including payment reminders, recurring invoices and suggested reconciliation matches. It also lacks the ability to create purchase orders. """"Games

reader61 13 Apr 2018

Re: Friday the 13th Very good Games, and yes I shall be doing so. Tucked away in the bottom drawer for now )