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KENV Kennedy Venture

4.625
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Kennedy Venture Investors - KENV

Kennedy Venture Investors - KENV

Share Name Share Symbol Market Stock Type
Kennedy Venture KENV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.625 01:00:00
Open Price Low Price High Price Close Price Previous Close
4.625 4.625
more quote information »

Top Investor Posts

Top Posts
Posted at 16/2/2018 12:06 by philby1
CEO on Proactive Investors;
[...]
Posted at 09/2/2018 13:55 by underhill2
Poor communication is the name of the game for all companies associated with Giles Clarke. He does not seem to care about the small private investors. I have just a small holding here as I do have doubts whether this will be a profitable venture. The lack of info on possible future revenues worries me
Posted at 20/12/2017 08:14 by qs99
The whole Lithium gig has now been ignored twice in operational updates. Anyone get the feeling this company has bigged up the Lithium only to work out there is nothing there? DYOR etc but not impressed with the updates on that basis alone. Also no numbers for ages, so how do you make an investment decision? New CEO bigs himself up on that video feed for proactive investors etc yet two major pieces of this company's RNS flow have been missing for ages....or have I just woken up the wrong side of the bed? DYOR and IMO
Posted at 19/10/2017 16:16 by al101uk
QS99,

I didn't really want to touch on if I thought KENV was a good investment or not, Chopper already has a position and currently has a paper loss. The fact that he's asking here if he should average down or not means he probably lacks a degree of portfolio/risk management.

In my view "averaging down" isn't just about how good or bad the investment is, it's about risk management, about not losing your shirt if things go wrong and about not chasing losses when you don't really have a firm foundation for believing that things will reverse.

A firm foundation in my view is impossible for KENV because they don't generate cash. Your investment case is based solely on your belief that management will come good and deliver on their promises. That's fine and may be all you need for an initial stake... but averaging down is a dangerous game and you need that risk management in place along with a fully thought out strategy and some very strong views to start down that route.

If you need a close to home example, check out Ironveld (another Giles Clarke vehicle), where finance has been imminent and confidence has been high for years, with no progress despite a very resilient looking business case and a fantastic looking resource.

For another example, I was in conversation with investors in another mining company with a defined resource several times larger than Ironveld, that was taken over privately for peanuts because they didn't have the money to implement their business plan.

Cirlce Oil went in to administration and sold some great resources to SDX for practically nothing because they ran out of money.

The list goes on. I'm not saying KENV isn't a good investment, but it has a certain risk/reward profile and your strategy has to take that in to account.

And in the interests of full disclosure, I have no position here, I'm an investor in Amerisur and look in on Giles Clarke companies mainly to assess how they fairing as regards their corporate governance, but also because most of them tend to carry a strong story and may at some point offer an investment opportunity, although my opinion of GC has faded of late.

Probably mainly off topic and Chopper probably has better things to do than to listen to me... but meh!
Posted at 18/8/2017 08:19 by trotterstrading
The key is the performance triggers. The reality is that if you want high calibre industry professionals you have to pay for them, either bumper salary of generous incentive package. I know what I prefer as an investor
Posted at 02/8/2017 22:52 by cloud9surfer
I personally feel that they (BOD's) were aware they would need to raise cash so an executive decision was taken to be limited with actual figures and info in RNS's to keep the share price low. This would make it easier to sell the placing shares with a lower risk to the new investors. Taking that on board, provided we don't need another cash raise, I would expect there to be a steady stream of positive news now in the lead up to year end.
Posted at 20/7/2017 19:48 by qs99
Indeed, looks a bit like a placing and smells like a placing, disappointing if so as thought with new deals being signed and JORC coming up it would have enough cash and positive news flow to keep the share price up....let's see....shame management can't keep new investors at >10p where it has been pretty well most of 2017......

let's hope it is just a desperate "seller" rather than a placing...
Posted at 16/6/2017 10:14 by wrtmf
shared by 'fingers' over on lse/emh - thanks.
an oz lithium market view
Posted at 02/5/2017 21:17 by cloud9surfer
If it is a director dealing then when the order is complete we will have an rns and move into a 4 week closed period until price sensitive info is released. If it is 'words to your mate' then news could drop at any time! Either way it kind of derisks a share price to 11p for me and an average up is defo on the cards!
Posted at 02/5/2017 02:01 by scrutable
As with most small companies, Investors could be better served with news flow. The SVS research Note of July 20 2016 helps:



as does CEO Larry Johnson's presentation of Jan 2017 which accompanied the placing

#

Could anyone confirm the rough current price expected for the concentrate and the planned cost of production? It is a surprise to find no information on pricing or costs in the placing document.

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