Kbc Adv.Tech. Share Discussion Threads

[simon gordon] 02/11/2014 08:58

Equity Development:

Investor Forum, 19th November: KBC Advanced Technologies, Keywords Studios and Symphony Environmental Technologies.

We will be hosting our next Investor Forum at Fasken Martineau, on the evening of Wednesday 19th November. You are invited to attend and meet the senior management of KBC Advanced Technologies, Keywords Studios and Symphony Environmental Technologies.

Eventbrite - Equity Development Investor Forum


KBC Advanced Technologies (KBC)

KBC Advanced Technologies is a leading independent oil and gas consulting and technology company. Following the acquisition of various upstream companies, including Infochem and FEESA, KBC now offers the complete value chain for upstream, midstream and downstream: from reservoir to refinery, pump to processing facility. KBC been awarded a number of significant software contracts since June and the Consulting pipeline for larger projects is growing with recent contract wins in South America, the Middle East and Asia providing good prospects for the future. Andrew Howell, Managing Director, will represent the company.

Register Here

Due to anticipated interest and limited space availability, interested attendees are encouraged to register as soon as possible

Venue: Fasken Martineau, 17 Hanover Square, London, W1S 1HU

Time: 5.00pm for 5.30pm start, 35 mins for each company to present and answer questions, and drinks and canapés to follow at 7.15pm.

Date: Wednesday 19th November

Please contact: [e-mail] with any questions.

[simon gordon] 30/10/2014 08:36

I don't think a profit warning is brewing. Ian Godden was positive on a lower oil price as profit improvement became important to improve margins, wall of work in Mid East, oil renaissance in USA, consulting restructured and potential sales pipeline bigger than he's seen before at KBC.

[bookbroker] 30/10/2014 08:33

The currency is now no longer an issue either, problem is 'Chronic Investor' recently gave this co. the thumbs-up, normally a red flag!

[bookbroker] 30/10/2014 08:30

It'd be a surprise to hear of a profits warning, low oil price or not considering the statement in late September, Godden would have to go if he contradicted his statement so soon, maybe they should get their act together and start buying shares back on a proper basis rather than just playing at it, and Oliver Scott is going to look damned stupid when he is still buying shares in earnest, particularly after the warning at GHT!

[apad] 29/10/2014 16:05

It's OK B, I didn't take it as a recommendation - merely that there might be more to it than I at first thought. Revenue that justifies a divvy would be my trigger, not share price (in principle).
On KBC, their point about the conservatism of their customers suggests a year or two for new software acceptance. I would be shocked at a profit warning with the consultancy and prospects for reducing taxation.
apad

[bookbroker] 29/10/2014 14:21

Who the heck are the sellers here, any rise meeting with more clearing of stock!

[apad] 29/10/2014 08:29

Off topic.
Thanks, B, there may well be more to GHT's fundamental business than I have seen. I'll have a look at their cash flow (tricksy things software companies).
I wouldn't buy TRCS now (have held for ages), their future growth depends critically on overseas pilot studies.
apad

[wh1spa] 29/10/2014 00:37

At last somebody seems to have a grasp as to GHT's offering.(Although this is a KBC thread) A recent report has put GHT's CTC offering 4 years ahead of anything else around. It's only a matter of time. For such a small company I think it will surprise people as to the calibre of clients that will be signing up in the next 12 months. Be interesting to see TechInvests update. Back to KBC , defo cyclical but seriously undervalued. Kestrel are no mugs!

[p1nkfish] 28/10/2014 14:16

Below is not the same area of service to the oil value chain but always worth a listen to see what the bigger picture is.

Very positive last qtr and careful with the forward look due to Russian sanctions etc but on the whole positive.

South America gets a mention.

It's good for all segments.

[bookbroker] 28/10/2014 09:57

This co. is becoming ripe for a takeover at this level, difficult for them to improve investor returns with the current sentiment towards oil services and the sector in general, so is an opportunistic bid likely to evolve, most probably not by any of the bigger holders of stock, but they would certainly like to see a positive outcome, valuation reflects more than enough negative sentiment, me thinks a good time to re-visit an acquisition of stock again!

[apad] 25/10/2014 09:14

Missed that one SG - far too subtle.
Kestrel advertises KITS as investing in AIM companies to reduce Inheritance TAx liabilities. I think they mean that AIM is IHT exempt not that AIM is a great place to lose money.
apad

[simon gordon] 25/10/2014 08:54

The reason I mentioned GHT and Kestrel, is that Kestrel have someone on the BoD and they have been buying all the way up and at the top, the share halved and they are still buying. Kestrel's buying, even on the inside, is not a sign of infallibility.

[apad] 25/10/2014 08:43

B,

The point I am making is that I do not see any special element in GHT's software offering to the finance industry. The wealth managers around me will move software providers - their main lock-in is staff familiarity with the interface. There is no great expertise in the sums associated with finance.

Modelling oil industry processes is a specialist domain that makes a consultancy/software-supported offering difficult to challenge.

TRCS rents the hardware that generates the data that their software processes, which makes them difficult to challenge.

DELCAM (sob) had specialist CAD/CAM knowledge that made them difficult to challenge, so they had to be bought.

I don't own software companies that do not have some special facet. I might be wrong but I can divine nothing at all special in the finance industry (other than the ability to disguise by creating off-balance sheet debts.
apad

[apad] 24/10/2014 17:43

B,
GHT offers software to make your paperwork easier and "replace the spreadsheet".
No 'moat' whatsoever.
Frightens me to death, mind you I am a simultaneously fierce & nervous investor.
apad