musker ron
11 Apr 2017
Re: Omni Channel Retail I first bought into this in 2013 and have seen nothing during that time which altered my view that this is a very good company. It has a Quality rank of 97/100 on Stockopedia, is carefully run and a progressive dividend policy with a forward yield of over 3%. It isn't expensive either. It ticks all my boxes.
Lavenonews
11 Apr 2017
Re: Omni Channel Retail No idea, it's difficult to know what drives daily price moves on small cap AIM shares. I'm more focused on the long term value - they will update last week of April normally which may be on peoples minds. The other big thing is they have cash to structure some sought after acquisitions which will drive up earnings quite sharply. They are taking their time and being careful, which is great, but it will happen sooner or later and it should lead to a re-rating. Perhaps people are waking up to that as well.
musker ron
11 Apr 2017
Re: Omni Channel Retail Lavenonews, do you think it is related to the near 7% spike in the share price yesterday? I noticed the jump, after SND had been treading water and doing nothing for several day
Lavenonews
11 Apr 2017
Omni Channel Retail Fantastic trading from JD Sports - clients of One Iota - thanks in no small part to the investment they have made in "innovative digital technology and a truly multi-channel environment"Great to read that "We continue to invest in these areas, particularly visual merchandising systems, in store environment and creative marketing...." That is a good read across for One Iota/Sanderson and continues to show that, whilst old style retail may be struggling, the work that Sanderson is involved in is critical to those retailers who are winning. (Plus you get solid management, excellent track record, conservative approach, cash generative, cash at bank, AIM tax advantages etc.... ).
Lavenonews
06 Nov 2016
Award winning Sanderson's One Iota business won Multi Channel Technology Vendor of the year at Retail Systems 2016 awards last week. As an IHT free stock this is one of my favourites, income on the way and exposure to steady growth opportunities under a long standing and prudent team of Directors.
Lavenonews
20 Oct 2016
income and growth stock Some welcome clarity yesterday in a trading update from an AIM company full of actual numbers - respect. Reassuringly, this continues to look an excellent investment prospect:- Income: healthy dividend, current & forecast yield >3%- Steady Growth: 10%+ organic top line and PBITA last year, with cash for acquisitive growth on top but very cautious management re splurging on acquisitions. - Net cash and generates cash year after year - the track record here is impressive. - AIM listed, conservative management - this is bang on perfect for IHT portfolios. Marking the stock down based on its link to retail, which I think is what happened of late, seems exceptionally lazy analysis. Just look at how Sanderson's clients are performing. As an example Hotel Chocolat conveniently updated yesterday - have a look how their omni channel strategy (Sanderson) is going and ask why every retailer is not investing in the sort of solution Sanderson delivers. Manufacturing wise, the weak exchange rate should support continued investment by manufacturing companies and food and drink, Sanderson's main segment, is set for export growth if recent reports are to be believed. This looks a very sound stock to own with limited downside and nice steady income and growth for more measured investors to achieve good long term returns. The biggest negative is the pension deficit but this is under control and if bond yields have turned a corner (even Albert Edwards is saying this!) then the current deficit position should improve.Do your own research.
II Editor
26 Jul 2016
NEW ARTICLE: Stockwatch: A company with industry appeal "How much notice should you really take of last Friday's grim Purchasing Managers Index (PMI) showing the UK economy in "dramatic deterioration" since the vote to leave the EU? Media seized on the bad news to grab readers, analysts at Pantheon ..."[link]
Simbrad
21 Jun 2016
Panmure note out today: "We think that Sanderson is well placed – given it has a product set which delivers a strong ROI (revenue opportunities and cost savings) so it is more robust than investors think, and of course 53% of revenue is recurring in nature. An ‘In’ vote should see a substantial share recovery as investors stop fretting about a potential UK downturn in retail and general business. We remind that recent trading news (Interim Results, 8 June) featured; (i) operating profit back to the level at which Sanderson sold its EPOS business in 2012A, and (ii) strong cash conversion which fuelled an 11% DPS hike." scraped from research tree
Simbrad
20 Jun 2016
"Sanderson fits the bill for investors looking for a combination of accelerating growth potential, healthy cash generation and growing dividends. This is a long-established provider of high quality ERP and retail systems to SMEs that has a good level of revenue visibility (50% recurring revenues and a £3.2m order book) and a strong IP base that includes connected retail and specialist solutions. Management has a clear and, in our view, highly achievable three-year plan for significant value creation and increasing returns to shareholders. Our revenue and margin targets represent sensible hurdles, while the current valuation is undemanding given the significant re-rating potential offered by growth in the Digital Retail business." N+1 Singer note out today on research tree
Simbr
08 Jun 2016
interims Panmure published a note this morning on Research tree: Sanderson delivers an in line set of interims. For us the highlight is twofold (i) operating profit is back to the level at which Sanderson sold its EPOS business in 2012A, and (ii) strong cash conversion which fuels an 11% DPS hike. The business model continues to strengthen - 53% of revenue is now recurring. Sanderson’s acquisitions are bedded-in, the new three-year plan is off to a strong start, the new divisional structure (Digital Retail & Enterprise) creates better product integrity and customer engagement.
Simbrad
08 Jun 2016
Panmure published a note this morning on Research tree: Sanderson delivers an in line set of interims. For us the highlight is twofold (i) operating profit is back to the level at which Sanderson sold its EPOS business in 2012A, and (ii) strong cash conversion which fuels an 11% DPS hike. The business model continues to strengthen - 53% of revenue is now recurring. Sanderson’s acquisitions are bedded-in, the new three-year plan is off to a strong start, the new divisional structure (Digital Retail & Enterprise) creates better product integrity and customer engagement.
Lavenonews
06 Apr 2016
Business news News of another win for the food software business on the company website. Whilst I always take company marketing with a pinch of salt when added to the recent formal market updates the enterprise business does seem to have some compelling products that are winning in the market. Good to see as this side of the business is probably the less exciting bit compared to digital retail.
mcescher
27 Mar 2016
Good analysis report on SND Apparently 43% EPS growth next year on here: [link]
thirty fifty twenty
13 Jan 2016
Pension Deficit + Defd Income Sanderson written up today again in IC by ST.I'm amazed that he fails to mention the £5m pension deficit!!Not only is this material,but what worries me more is the attitude of management that whatever they are paying themselves they have agreed very nice pension pots for themselves(I haven't checked what the liabilities actually is - but I don't think that SND has a historic company with large employees to cause the large liability)additionally there is £5m deferred income.So yews there is CASH on the balance sheet but it is not shareholders CASH - it is upfront payments from customers.... regardless SND still looks good on the chart - but a pity some key points missed from his analysis.I have researched and am not a holder.All IMHO, DYOR + BoL
II Editor
28 Apr 2015
NEW ARTICLE: Stockwatch: A share to buy amid political chaos "Does AIM-listed LSE:SND:Sanderson deserve a better rating for growth? Software and IT groups are prone to be rated as cyclicals according to trends in technology replacement; but shifts in the landscape can offer longer-term growth ..."[link]
