Share Name Share Symbol Market Type Share ISIN Share Description
Kennedy Venture LSE:KENV London Ordinary Share GB00B830HW33 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 7.125p 6.75p 7.50p 7.125p 7.125p 7.125p 323,930.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 0.0 -0.2 -0.5 - 8.58

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Date Time Title Posts
03/12/201613:01Kennedy Ventures PLC1,037.00

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Kennedy Venture Daily Update: Kennedy Venture is listed in the Support Services sector of the London Stock Exchange with ticker KENV. The last closing price for Kennedy Venture was 7.13p.
Kennedy Venture has a 4 week average price of 6.27p and a 12 week average price of 4.83p.
The 1 year high share price is 8.88p while the 1 year low share price is currently 2.50p.
There are currently 120,461,539 shares in issue and the average daily traded volume is 1,605,192 shares. The market capitalisation of Kennedy Venture is £8,582,884.65.
ridicule: The share price is going to struggle with momentum without some firmer P&L information. I have heard that Tantalum is on a circa 30% margin - $8.8m x >.30= $2.64m profit pa. With only 120.46 shares in issue this equates to around 2.2p per share. Take a pe of 12, not unreasonable with the Lithium prospect not priced in, and we get a share price of 26.4p!! With many miners at this stage, further dilution would be an investment threat, but Kenv is on the verge of being cashflow positive with the key investors having skin in the game. Difficult to see the investment logic of those selling today, other than for a quick trading profit.
sian: Yes...and Zak's projection is purely from a technical perspective without reference to the share price drivers namely; production news and the possible commercialisation of known lithium deposits........ all looking very good.
potential: Based on market fundamentals and nothing else, the spike in the share price could have been for the following news leaks:The RNS on 3rd Oct stated:"Full commercial production at the higher target rate of 15,000 tonnes per month is expected to be reached during next week" which I consider was week ending Sunday 16th Oct."...first shipment of tantalite concentrate to Aftan's offtake partner is anticipated to take place in the second half of the month..." which I assume should have be by Monday 31st Oct at the latest."Aftan has advised that further fines recovery equipment will be installed in the first two weeks of October without disrupting production and this is expected to increase the recovery of fine tantalite." This should have been by Sunday 16th Oct. Then of course 2 deliveries per month, may be first and second half of each month.Of course the biggy is:"Aftan continues to assess the potential of the lepidolite lithium deposit as well as the occurrence of lithium in the other pegmatite bodies and both geological and metallurgical studies are in an advanced position". What is "advance position"? It is subjective and could be anytime soon. What is soon, I would say within 8 weeks of the RNS and hence by 3rd Dec 16? Or 4 weeks which is 3rd Nov?Views welcomed pls.Just based on imminent newsflow, it has to be a Strong Buy don't you think?
potential: Valuationwow and what cap are we now? £7mil hhahaha crazy cheap75% = $1,265,625 per month to KENV = $15,187,500 per annum profit!Appx £12.4m....EPS 7p...p/e 10...share price 70p!!!!!!Buy buy and HOLD folks!!!
sja123: With the new fines equipment installed and assuming they reach the target set for the program as set out in RNS of 20/7/16, of 15 tonnes of tantalite concentrate per month, the figures going forward are fairly remarkable.... 15 tonnes = 15,000 kgs = 33,750 lbs 33,750 lbs @ $50 profit @ 75% to KENV 33,750x50= $1,687,500 per month 75% = $1,265,625 per month to KENV = $15,187,500 per annum profit! Appx £12.4m.... EPS 7p...p/e 10...share price 70p ...and thats all without Lithium! DYOR etc
sja123: 9200 lbs @ $50 profit @ 75% to KENV 9200x50= $460,000 per month 75% = $345,000 per month to KENV = $4,140,000 per annum profit! Appx £3.38m.... EPS 1.93p...p/e 10...share price 19p ...and thats all without Lithium! DYOR etc
mostyn: Still a few sellers about, but they could be getting out at what should only be the start of the rise. If the company delivers what they have stated (15 tons of concentrate per month) just on the tantalum side of the business, the stock should look very undervalued. If the lithium side of the business kicks in early in 2017 the share price could have a long way to go for those prepared to be patient. As always, everything depends on delivery.
hedgehog 100: KENV has risen from barely a penny two years ago to over 9p recently, a superb investment, especially in a resource sector bear market. And the big gains at KENV came to those with vision and patience. 24/12/2013 08:54 UK Regulatory (RNS & others) Kennedy Ventures PLC Final Results " ... As shareholders will be aware, Kennedy Ventures has been an investment company since going through a CVA and reconstruction in May 2012. Its investment policy is to make investments in the energy and resource sectors. We remain focused on those areas and continue to believe that good opportunities exist in these sectors although we are also prepared to look more widely at other areas and we have reviewed a number of such opportunities. Kennedy has in fact principally sought to do a reverse transaction and, although we have taken a number of transactions to quite a detailed stage, we have not yet identified one which, in the Directors' view, would be attractive in terms of valuation and future financing requirements to shareholders. It has in fact implemented its investment policy, as announced on 24(th) May 2013, having invested in a portfolio of quoted and unquoted investments in the resources sector. It subsequently disposed of its quoted investments, in view of uncertainties that the Directors felt were developing for small to mid cap stocks in this sector ... We do however feel that the Company needs to be more fully resourced and we are planning to bring in additional capital in the near future. We are hopeful that this will lead to a value enhancing transaction in the current year. ... " Two years ago KENV was quite comparable to MMO at the moment. MMO market cap. £0.34M., with cash reported as £0.539M. two weeks ago, and with low cash burn.
andrbea: another lithium/tantalum play (pilbara) attracts top exec His wage: Aus$ 350k/year Former Atlas Iron managing director Ken Brinsden will join lithium upstart Pilbara Minerals, the one-time penny stock that has rocketed into a $220 million speculator’s favourite following its Pilgangoora discovery in WA. Pilbara yesterday announced that Mr Brinsden would join as chief executive, with incumbent executive director Neil Biddle to remain in his role until the completion of a feasibility study into Pilgangoora next year. Mr Brinsden stepped down as an executive director of Atlas two months ago after three years running Atlas. Drilling success by Pilbara at Pilgangoora, coupled with growing investor excitement about a possible surge in demand for lithium due to growth in electric vehicles and power storage, has seen Pilbara shares soar from 3c to as high as 41c this year. While the lithium sector is far removed from the world of iron ore, Mr Brinsden told The Australian he was “commodity agnostic” having previously worked in gold and mineral sands operations before joining Atlas. “I genuinely believe the guys there are on to a massive discovery, and it’s going to become, over time, a meaningful resource in the lithium space,” he said. “It’s still in its relatively early stages but it has enormous potential, and I’d like to think I can make a difference. It’ll be a fantastic challenge with a bit of fun along the way.” He said the macro-economic momentum behind the lithium sector also appealed to his background in engineering. “We’re on the precipice of significant change globally about how we go about our business, about how we work with power and how we work with transport and energy storage, and it’ll be great to be part of that story,” he said. Mr Biddle said Pilbara had been looking for an executive with experience in building mines in the Pilbara region, making Mr Brinsden a good fit. While the last year of Mr Brinsden’s time at Atlas was marred by a slumping share price and concerns about the iron ore miner’s future, Mr Biddle said Atlas had been hit by factors outside of its control. “I think Ken and [Atlas executive] Dave Flanagan did a tremendous job in getting down costs and keeping the business going, not many people could have achieved what they did,” Mr Biddle said. Pilbara shares jumped almost 9 per cent on the back of yesterday’s news to 30.5c. Atlas, meanwhile, is under real pressure from the continued weakness in iron ore prices, having fallen to 1.9c per share this week. Mr Brinsden will collect fixed remuneration of $350,000 a year.
andrbea: sentiment still bullish on lithium and tantalum another peer company (pls): poster Here's the thing. The Chairman and MD are the two top shareholders, so you can be assured they are going to avoid unnecessary dilution. Secondly, I firmly believe PLS is in a fabulous position in terms of the asset owned, and the demand for said asset. I am sure that most longer term followers (even) are still trying to figure out the true value of what PLS has discovered at Pilgangoora (added to the imminent tantalum business). Beer & Co have provided some early guidance, and perhaps by February, when the PFS is due, we will have a better idea. However, I keep thinking about the fact that Greenbushes is spoken for, and as far as I am aware, the sole supplier of technical grade lithium to the world market. Throw into the mix the mounting evidence that Pilgangoora is a huge resource on a world scale. Jumpinjoey who has been to site, posted that he gained the impression it was 100mt to 150mt. My tea leaves keep saying it is bigger than that. Also, we know that the major lithium players are looking to expand their businesses and will have to have certainty of supply if investing large $$$ in refinery capacity. (The next resource upgrade and Beer & Co analysis should be very interesting) They have just raised $12m, and could have raised multiples of that (refer Cymon's post), in a market which is generally hating the Resource Sector. That speaks volumes. Lithium is hot and looking like it will be hot for a very long time. Tantalum is no slouch either. The pullback has been tough to watch, but I am seriously sanguine about this stock, and think that we are on the cusp of a big run up. The fundamentals on this company are outstanding, and there is every pointer to it being completely under-valued. I posted a while ago that I felt there is a 7 month plan. Given that they are now completing a PFS, I actually think we are looking at more like a 3 month plan. Something is going to give folks. This is like a coiled spring. I am sure I heard or read somewhere they are looking at a potential 3mt pa plant, to produce a concentrate. (Previous Beer & Co analyses were based on 1mt pa, I believe)The economics on that should be fascinating, in a market where lithium is set to rise 20% per annum and that is in US dollar terms (as the $A will trend lower). That is then a 30%+ rise in $A terms. I would not be surprised if tantalum is doing the same. Meanwhile, mining costs are going down, as the rest of the sector tanks or struggles. Perfect scenario. I personally cannot see debt funding being the preferred option, but you never know. I think it more likely the plan is for one of the larger lithium companies to take a serious slice of the action and provide the funding, however that deal might play out. I cannot believe that is not on the table being discussed almost on a daily basis. The question is how to maximise shareholder value, given the incredible opportunity, whilst minimising risk. We will not be sold cheaply. The Board are big shareholders, and so are their connections. The company is now fully funded to DFS, and the pressure is off TT performing (although it will perform). This means that the next stage of value accretion can ensue in a methodical stress- free way. I just cannot see how 2016 will not see multiples of the current share price. I am sure that those attending the AGM will be further enlightened. There is a lot to talk about and certainly much to be excited about. Perhaps Cocoa and Blastfurnace and the other GEO's of HC fame, will be able to provide some feedback, eg, on the scope of the K.A. deposit!! I think this is the crux of the inherent value proposition. final thought: tantalum is even used in the head shields of spacecraft.... did you know that?
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P:43 V: D:20161210 22:24:47