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General Category => Shares => Topic started by: macleanian on November 02, 2015, 02:17:59 pm

Title: ADAPT IT
Post by: macleanian on November 02, 2015, 02:17:59 pm
Thoughts on getting in at current prices?
Title: Re: ADAPT IT
Post by: Orca on November 02, 2015, 02:33:59 pm
Long term  :TU:
http://www.moneyweb.co.za/investing/potential-pair-trades-small-mid-caps/
Title: Re: ADAPT IT
Post by: czc on November 04, 2015, 04:24:55 pm
Just looked at it today 21.8% up for me. Last month it was around 8%   :TU:
Title: Re: ADAPT IT
Post by: macleanian on November 05, 2015, 08:42:00 am
Have been waiting for a bit of a pullback before getting in, but it looks like I might be waiting forever  :'( :D
Title: Re: ADAPT IT
Post by: Orca on November 06, 2015, 05:18:31 pm
You should have bought yesterday. Up nearly 6% today.
Title: Re: ADAPT IT
Post by: Fawkes85 on November 06, 2015, 06:03:26 pm
That seems to be the problem so many times doesn't it? You look at something you want to buy and think, no, I will wait for it to pull back a little first before I buy. And then it just doesn't pull back. It just keeps going up. Then you think, hell, if only I bought that day I decided to wait for a pullback instead, then I would have still been up now. And eventually it just reaches a price where it has gotten too high for you to justify buying it anymore. Then on other times you do not wait for a pullback and you buy and then it just takes a nosedive. Very tricky thing these markets. Almost as if it deliberately only moves in a direction that will screw you, personally, over.  ::)
Title: Re: ADAPT IT
Post by: Orca on November 06, 2015, 06:55:01 pm
I know exactly what you are saying. Expect a pullback on Monday as traders take profit. Then again, it may just go up again as the tech sector is expected to outperform other sectors.
Title: Re: ADAPT IT
Post by: czc on January 08, 2016, 10:23:01 am
It came down quite a lot and now its up 4% today.
Title: Re: ADAPT IT
Post by: Orca on January 08, 2016, 11:42:31 am
ADI can be very volatile in thin trading but one must remember that they operate in 24 countries world wide so the weakening of the ZAR does not hit them badly.
Title: Re: ADAPT IT
Post by: Orca on February 09, 2016, 11:50:16 pm
The talk lately has been about ETF'f and other index funds. There are other great stocks out there that one must add for some alpha like this one. Here is a 3 year chart of ADI vs STXIND.
Index funds are great but will not produce the growth that you want. You have to add some alpha stocks to it as well.

Title: Re: ADAPT IT
Post by: JohnnyH on February 10, 2016, 09:13:52 am
The talk lately has been about ETF'f and other index funds. There are other great stocks out there that one must add for some alpha like this one. Here is a 3 year chart of ADI vs STXIND.
Index funds are great but will not produce the growth that you want. You have to add some alpha stocks to it as well.

I have been watching this stock since last year June...Obviously I should have bought back then, BUT, the high PE scares me. Currently according to Google Finance sitting at ~29 or 30. Recently quite a few high PE stocks have been punished quite badly,
FBR, APN etc...So, what do I do now? Haha. I know that they are nothing alike, but still. Look at the companies in the US when they missed some targets, LinkedIN, Amazon, Tableu...

I must admit, it doesn't look like they will miss any targets, but still. Makes me nervous.

Any ideas?
Title: Re: ADAPT IT
Post by: Mr_Dividend on February 10, 2016, 10:36:06 am
I do own Adapt, and will not be selling. Also own EOH and have recently added some more to my trading account to hold for a month or so because of this. EOH has been in a decline for while and you getting it at a reasonable P/E

Quote
EOH’s growth for the six month period to 31 January 2016 is expected to again be positive with significant

year-on-year growth in revenue, profit and Headline Earning Per Share (HEPS).


A detailed trading update will be published during the second half of February 2016.


The interim results for the six months ending 31 January 2016 will be published on 9 March 2016.
Title: Re: ADAPT IT
Post by: Orca on February 10, 2016, 11:22:50 am
The high PE of ADI is justified due the vast amount of cash they hold.....Moneyweb.

I presume this is for acquisitions that will drop the PE as their aim is to acquire at least 1 company per year.
Title: Re: ADAPT IT
Post by: czc on July 11, 2016, 03:12:32 pm
Investec Asset Management liking ADI

http://66.8.16.130/SENS_20160711_S373844.pdf

NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND
PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF JSE LIMITED
In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008) (“Companies Act”) and
paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that Adapt IT has
received notification in terms of section 122(1) of the Companies Act that Investec Asset Management
Holdings Proprietary Limited, acting as an agent on behalf of segregated clients, has acquired a beneficial
interest in the securities of the Company, such that its entire beneficial interest amounts to 5.02% of the total
number of securities in issue.
As required in terms of section 122(3)(a) of the Companies Act, Adapt IT has filed the required notice with
the Takeover Regulation Panel.
Title: Re: ADAPT IT
Post by: Orca on July 11, 2016, 05:13:11 pm
ADI sitting with excessive cash hence its somewhat high PE is justified. I expect them to make a large acquisition soon and starts shooting the lights out.
The CEO has said that he aims to make at least one per year to grow the company. He is following the EOH strategy.
About 20% of my portfolio is in ADI.
Title: Re: ADAPT IT
Post by: Orca on July 25, 2016, 01:41:37 pm
Trading Statement shows HEPS increase could be as high as 41%.  :TU: This will bring the PE down somewhat.
Title: Re: ADAPT IT
Post by: Orca on October 26, 2016, 07:04:08 pm
ADI has been my saving grace. Been averaging 500% pa over 5 years or 2 500% over the 5 year period with no divies reinvested.  :TU:
Title: Re: ADAPT IT
Post by: Patrick on October 27, 2016, 09:57:26 am
R100 000 in ADI five years ago would be worth R2.28 million today  ??? ??? ???
Title: Re: ADAPT IT
Post by: jaDEB on October 27, 2016, 10:16:18 am
If you bought NPN 5 Years ago... R100,000 now worth R600,000.00  :TU: if you however bought in 2002, now R14,000,000.00
Title: Re: ADAPT IT
Post by: gcr on October 27, 2016, 10:22:05 am
My all time favourite is Alert Steel - bought R 21,597's worth and now worth R 3,724 and you can't trade them. But oh well will have to use them as a means of reducing my CGT assessment in the future  :LHST:
Title: Re: ADAPT IT
Post by: jaDEB on October 27, 2016, 10:33:34 am
Do not feel alone - two words - Africanbank & 1Time  :wall:
Title: Re: ADAPT IT
Post by: rjthomas on February 16, 2017, 04:40:27 am
What is the latest opinions on this share? I am planning to buy in March.
Title: Re: ADAPT IT
Post by: jonb on April 04, 2017, 06:53:48 pm
I have been out of SA for a little while and taking a break on SA stocks to clear my head

What happened to ADAPT ??????

I briefly skimmed over an earnings report in Feb and it didn't seem too bad and its been hammered

Do you guys still have an appetite for this?

I remember guys in the forum saying they wanted in but were waiting for a break

well, here it is right?!

 
Title: Re: ADAPT IT
Post by: gcr on April 04, 2017, 10:38:45 pm
I sold off half my holdings in Adaptit today as I can't see the company going anywhere over the next year or so, but am hedging my bets by holding on to my halved shareholding hoping they will improve
Bought more Taste this morning and then they go and issue a sens bulletin wherein they say they are going to sell off all non food subsidiaries so not sure how this is going to pan out in the medium term as they still seem to be food acquisitive
Title: Re: ADAPT IT
Post by: Orca on April 07, 2017, 08:24:01 pm
Just hold onto ADI. It has big moves up and down but you will be rewarded in the end. She has exposure to 38 countries globally that earns USD. I am holding a big steak in ADI and will keep her.
Title: Re: ADAPT IT
Post by: gcr on April 07, 2017, 09:31:12 pm
Just hold onto ADI. It has big moves up and down but you will be rewarded in the end. She has exposure to 38 countries globally that earns USD. I am holding a big steak in ADI and will keep her.
Orca - I hear you I still hold 5,000 shares but I bought in 2015 over time at an all inclusive price of R9.76 and sold 5,000 at R 11.15 - not really shooting the lights out and with these latest ratings downgrades they may suffer with not getting business as their pricings may not prove to be competitive or foreign countries could shy away from SA companies until the dust settles
Title: Re: ADAPT IT
Post by: Orca on April 13, 2017, 06:49:03 pm
Check out the new member #JSE Shares post here and look at ADI there.
https://jseshares.co.za/shares/
Title: Re: ADAPT IT
Post by: gcr on April 13, 2017, 09:59:25 pm
Orca - I have held Apadtit since 2014  - here are some prices my system shows over this period
3/7/2015 R 9.85
4/12/2015 R 13.80
6/5/2016 R 11.62
4/11/2016 R 16.56
7/4/2017 R 11.15
13/4/2017 R 11.00

So the best year was 2016 with a high of R 16.56 and since then it has gone backwards - as I mentioned I sold 1/2 my holdings (5,000 shares) and have an order on to buy at R 10. But ultimately I don't know where the share price and the company is going, the last sens  13/2/2017 was very wishy washy and gave me little comfort. So my view is it is either a hold or lighten up on ones holdings
Disclaimers invoked
Title: Re: ADAPT IT
Post by: Orca on April 14, 2017, 04:10:23 pm
Moneyweb today:

CHARL BOTHA: I’m like a kid in a candy store at the moment, there are lots of opportunities now. The valuations on some of the stocks I’ve mentioned, Rolfes, Santova, Adapt IT we haven’t spoken about, Consolidated Infrastructure Group, if you can ignore the noise around the political sphere and so on I think you will do very well in the next three to five years buying these companies.

I hold both CIG (CIL) and ADI.
Title: Re: ADAPT IT
Post by: gcr on April 14, 2017, 04:38:44 pm
I hold all of these counters other than CIG, but don't follow Botha in his arguments - he seems to be a pure numbers man. I also posted a comment at the end of the article around small caps - some of the names I listed don't exist anymore yet they were well liked by the market. The one that disturbed me the most was Wearne which is a dismal failure and its share price reflects its pathetic business model, plus they were forced to have a fire sale on their equipment and other assets - thank goodness I got out in time and didn't incur too bigger a loss
I still can't get my head around those punters of numbers to gauge future viability