Jadestone Energy – SapuraOMV Peninsular Malaysia “positive impact”, Maari project delay so where next for the shares?
I have been a fan of multinational enterprise software company Sage Group (SGE) for a while now. However - as I observed in a piece here last year - the reason I bought the stock was based on my hope of seeing it return to the 800 pence share price level it achieved during 2018 and 2019. We are nowhere near there yet, so is there still plenty of reason to be optimistic or not?
Exciting times if you are long and strong on equities. Obviously it probably means you were long and strong back in February and March too, but we will gloss over that. Naturally I know something about that... Anyhow, rather than rambling on about the largesse of the Saudis in backing Carnival (CCL) or the 'skills' of easyJet (EZJ) in securing a £600 million coronavirus loan from from the Treasury and Bank of England’s emergency coronavirus fund, time to talk about a name that has not been so impacted by all the coronavirus issues…
Hello, Share Savers. Some of my colleagues use Sage (SGE) for their accounts and to keep their businesses in top shape. But I’ve sometimes had doubts about the share price. Like many British technology giants, it’s faced stiff opposition from competitors.
When I last wrote on one of my tips of the year Sage (SGE) I observed that i retained clear hopes 'of a 7 or an 8 in front of the share price in 2019. Buy'. Well blow me down...the shares finished last week in the 740s, following the publication of its latest trading update.
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