K3 Business Technology Share Discussion Threads

[farnese] 14/1/2013 15:57

Orange
The debt facility will need to be sorted by the end of December and is repayable on demand to the bank. In that case with profits falling it is not difficult to envisage a savage beating for the sp

[orange1] 12/1/2013 11:38

That's certainly no problem for the moment as the latest accounts state that:

In September 2012 the Group agreed the extension of existing facilities through to December 2013 on the same terms with further facilities of up to GBP2.0m committed and a further GBP3.0m over the course of the facility period available to fund acquisitions.

[snatander] 12/1/2013 09:21

its the debt that is the problem as banks may not refinance i guess

[stegrego] 12/1/2013 09:18

Was already noted.

But also note that the forecast is for 31p so currently standing at 4.5 pe. If they miss, will probably still be on a low pe at this share price

[snatander] 12/1/2013 09:05

"...The short term trading environment remains tough with customers continuing to defer spending decisions. Against this, our pipeline is strong, with a number of key deals whose successful closure will help to realise market expectations for the year."



just reread it and now understand the share price plunging as it is stopping just short of a profit warning

[snatander] 20/12/2012 13:25

chart puckering up for a dive imho



Glasshalfull 5 Dec'12 - 09:43 - 891 of 900 0 0

Today's statement certainly indicates a risk to the downside.



"...The short term trading environment remains tough with customers continuing to defer spending decisions. Against this, our pipeline is strong, with a number of key deals whose successful closure will help to realise market expectations for the year."

In other words, failure to close these "key" deals will result in the company coming up short for the year.



Cant see anyone wanting to sign up a deal when the balance sheet is so weak here with £16m of debt

[stegrego] 05/12/2012 10:09

Agreed 're downside risk. Current pe of 5 hopefully limits that downside, but I have reduced holding as seems totally unloved. If economy picks up , ought to be upside at some point!
Hindsight is a marvelous thing and it tells me I should have sold at above 180.....

[glasshalfull] 05/12/2012 09:43

Today's statement certainly indicates a risk to the downside.



"...The short term trading environment remains tough with customers continuing to defer spending decisions. Against this, our pipeline is strong, with a number of key deals whose successful closure will help to realise market expectations for the year."

In other words, failure to close these "key" deals will result in the company coming up short for the year.

I'm in the lookout for an opportunity to buy back in here at some point. This isn't it.

Regards,
GHF

[philo124] 24/9/2012 21:05

Thanks a lot.

[orange1] 24/9/2012 21:02

If so, click here:

[philo124] 24/9/2012 20:23

Anybody interested in Edison's forecast eps for 06/13, 06/14?

[yump] 21/9/2012 11:33

I'll come back in a year and explain, if anything odd comes to pass.
Just started to become very wary of stuff going on in companies that is in any way unusual, in this case the time taken to stop the sale tendering process.

The combination of reduced debt and a lower rating (profit growth reducing) as a result of investment could have been announced ages ago, if it were present in a 'normal' strategic plan (usually 3 or 5 years).

I'm wondering why it has coincided with what have obviously been detailed discussions between interested parties and the company.

I would have thought that if growth is going to slow, then the best interests of shareholders would be to have sold now and let the acquirer deal with the debt and increased investment spend.

[stemis] 21/9/2012 10:25

Sorry, don't really understand your comment.

[yump] 20/9/2012 15:57

Of course, in a year's time with a lot of investment and some acquisitions, the profit growth might not be so good, which would of course result in a lower rating and potentially a lower takeover price, which might suit some of the companies who were interested.

"You may very well think what you are thinking, but I couldn't possibly comment".

[druinsky] 20/9/2012 12:40

just hope the bidders who ran away didnt see a black hole. Nasty. Had a lucky escape. Could have been nasty