||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Real-Time news about Kewill (London Stock Exchange): 0 recent articles
|gerdmuller: EssentialInvestor, Yes, that Bish guy really seems to have done a great job for KFX. I believe he came from PE.
As for these I am still waiting but this really is impossible to work out what is going on. It would be interesting to see what the share price would have been if the bid had never been announced. It could well have been around this level anyway.
If the bid fails there will probably be a short term pull back but these look to be pretty reasonably valued around this level so the fall should only be short term. I can only assume they are struggling to gain irrevocable support at this price but don't really have a clue why this is taking so long.|
|gerardp: Looking at the share price has the takeover collapsed?|
|gerardp: From today's Independent :
Our view: Buy
Share price: 118p (unchanged)
Kewill provides services to businesses that need help streamlining their supply chains. The group sells software that simplifies logistics management, from sourcing to compliance and finance issues.
It announced prelims yesterday which showed a slight rise in revenues, up 6 per cent to £56.3m, of which 62 per cent were recurring. At the same time operating profit rose 30 per cent to £2.6m. The dividend was also increased 10 per cent to 1.1p a share.
The company has new products, has targeted new regions and continued to win contracts. It thinks that as legislation becomes more demanding, its systems will become more crucial, and a return of international trade will help.
The investment case is complicated by a bid, after it was approached in May with a deal worth 130p a share. It is worth picking, however, even though the price is likely to fall in the short term if the talks break down. Buy.|
|gerdmuller: It's always strange how you often see news flow which you think will make a share rise and it doesn't and then it rises on seemingly no news.
This is why I also often find it surprising on these boards when people sell decent companies for what seems like nothing more than boredom or frustration that the share price is not behaving how they want it to.
Looks like a new high for a long time to me so I am glad that I have been bored waiting for these to do what I expected.|
|gerdmuller: Press seems positive at least.
Any punt on logistics software group Kewill would be risky, but given the discount to brokers' estimates of fair value, and the fact that the company increased its dividend as part of yesterday's full year results, the Independent could be tempted.
There are also some tasty new contracts to disclose during this financial year and that that should push up the share price. Buy.
At 71p, or seven times earnings, and a resilient Kewill boasting net cash and a sharply rising dividend, the attraction remains intact. Hold on adds the Times.|
|erpguru: @slap chart formed perfect head and shoulders; expect a 50 pct retracement (95p - 58p) / 2 = ~ 18p. new KWL price = ~ 72p. At this price surely a bid comes before 09 final results?|
|erpguru: new share price target = 120p?
current pe = 10.7 ~75m / 7m
new pe = 14? assume 2009 profit repeats 7m.
this new mrkt cap = ~98m|
|slapdash: I have 2009's earnings as 9.46pence so taking away the cash of about 14p we have at the current share price of 89pence about 75pence of enterprise value... thus the current year's earnings are 75/9.46 which I make as just under 8X
of course while this does appear good value other things are also 'cheap'
however, Kewill has pretty much said it isn't affected by the credit crunch (at least to date), is low risk because of the cash balance, operationally is looking good due to margins increases and the whole strategy is basically playing out well
I.e. to date there has been the acquisition and operational concerns... will these deals work out.... can they get margins up... today's statment allys these concerns for the time being and it could be the case that:
we have a stock set to grow in double digits for the forseeable future and one that is cash generative as well..
so back to my original question.. well the market will rate more highly and will allow the rating to grow of what it thinks is quality.. I think it will come to view Kewill as such... £1 here we come....
|slapdash: also share price is at one and a half year high!!! Bring it on... Slapper|
|zimzoot: Charles Stanley initiates the stock as a buy with a 120p a share price target. Broker says: 'Following three acquisitions in the past year Kewill now has the product set and geographic reach it requires and it has considerable scope for organic growth in large, global markets.
'Despite its recent record and the growth potential the shares trade on just 14.7x prospective earnings.
Kewill Systems share price data is direct from the London Stock Exchange